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College and University Discussion
Reply to "More than 1 million fewer students are in college."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Again with the ROI poster. My kid is not a Hedge Fund.[/quote] Sure it's your money and your kids life[/quote] I don't seek monetary profit from raising them. [/quote] We are talking about monetary waste and time waste [/quote] Overall, the ROI of college is strong financially and socially. 25% of college students marry an alum from their college--that also adds to the household ROI. Health outcomes are higher for people with each year of college. The kids who end up the worst--that can't get through college and take out excessive loans-- may not have the resources, skills, dispositions to move up the ladder in careers either. Even if on average the ROI of a Psych degree is minimal (as modeled by the author), it's not nothing--and they got to spend 4 years improving their minds and their social circles and likely end up with a cushier job--and they didn't spend those 4 years working and still ended up in same or slightly better financial place than if they went straight to work. They can also likely work a lot longer (the author modeled working until 65--people in non college-educated jobs are often pushed out of their careers at a younger age by health or physical limitations).[/quote] Again, this thread is not about justifying going to college for whatever reasons...it is to examine why 1 million kids have dropped out. Many have dropped out because they have decided not working for four years, plus the price of college and student loans, plus seeing other college grads they know struggle with relatively low paying jobs have influenced their decision to jump into the workforce. I doubt many on DCUM are part of or know anyone from these demographics...if you do, go ask them their thought process.[/quote] Well, whoever [b]through[/b] in the ROI arguments should be focusing more on the pandemic than some pre-pandemic data. Let's see where the numbers are (percentage wise, not overall since demographics shift) once we're out of this and then some of the arguments make sense. I know plenty of people who are in that demographic--lots of relatives and their friends.[/quote] *threw. My brain is tired.[/quote]
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