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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Some thoughts:

--You are paying in-state tuition?  It's not like he wants to go private for $200K

--[b]We don't know the jobs that will exist in the next 10 years[/b]

--He may change his mind

--I assume UMCP has a lot of practical experience by way of internships and job placement

--If you insist on this, he might find a way to go himself, or never go.  Isn't college more than just a job?  It's teaching people to think and make connections.  [/quote]

this is correct, including the fact that we won't know whether college degree itself will be worth anything. i would never ever ever pay 100k (let alone 200k!!) for my child's college degree. and i have an ivy league phd.[/quote]

Read the literature regarding the 'rise of the mandarin' class and then cross that with the fact that many employers fear giving out tests due to 'disparate' impact.

Therefore college degrees serve as a signalling mechanism as competition intensifies for a smaller pool of 'great jobs'.

That said I do think the nature of college will change. Having done some MOOC's on eDx, udacity, and coursera - there is huge promise in atleast doing distributional requirements via online method very cheaply.

But with the shrinking nature of middle class jobs, parents are right to be worried about college and majors. [/quote]

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