Anonymous wrote:Anonymous wrote:Anonymous wrote:^^ my cousin did it that way (community college) then transferred to a California University. And guess what? Her GPA was much higher than it would have been had she done all four years at the Cal University because grading was easier at the community college.
How disrespectful of your cousin to say such a thing. There is no way you could k is such a thing.
I have a few relatives that teach both in community and four year private colleges. They say the classes and standards are identical. They can’t understand why people would take their classes in the four year institution.
They must be teaching at noncompetitive four year colleges. I know people who have taken classes at both. There is no comparison.
Anonymous wrote:Your poor kid OP! You've already ruined his/her life. Maybe put them up for adoption.
Anonymous wrote:Anonymous wrote:Anonymous wrote:^^ my cousin did it that way (community college) then transferred to a California University. And guess what? Her GPA was much higher than it would have been had she done all four years at the Cal University because grading was easier at the community college.
How disrespectful of your cousin to say such a thing. There is no way you could k is such a thing.
I have a few relatives that teach both in community and four year private colleges. They say the classes and standards are identical. They can’t understand why people would take their classes in the four year institution.
They must be teaching at noncompetitive four year colleges. I know people who have taken classes at both. There is no comparison.
Anonymous wrote:Anonymous wrote:^^ my cousin did it that way (community college) then transferred to a California University. And guess what? Her GPA was much higher than it would have been had she done all four years at the Cal University because grading was easier at the community college.
How disrespectful of your cousin to say such a thing. There is no way you could k is such a thing.
I have a few relatives that teach both in community and four year private colleges. They say the classes and standards are identical. They can’t understand why people would take their classes in the four year institution.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here. Thanks for all the (mostly) thoughtful responses. I think what bothers me looking down the road is that this has all the signs of a bubble: overvaluation, artificial scarcity, lack of regulation, cheating, etc. It's not an investment I would otherwise make. The value just isn't there, perhaps aside from a number of STEM programs.
My kids aren't trust fund kids. Anything spent on their education is earned by us, or is a loan. The whole approach to this seems crazy to me -- no transparency, corruption, very little concrete ability to perceive value. And the idea of just hand-waving how the "education" is worth it just seems like so much marketing fluff from this distance.
Yes, this does look like a bubble (cost vs value) but the cheating and artificial scarcity is not a systemic issue. Your kid doesn't need to go to a school that is $70K per year and only accepts 10% of its applicants. But college is now equivalent to a high school degree for many careers. Bottom line, I think you are overthinking this; your child is in 6th grade. Save money, if you can, to help your child go to college, trade school or start a business when the time comes, whichever is appropriate for their situation and need. If your child wants to be a chef, they should go to culinary school; scientist, an in-state college; launch a software company, you can help them fund their start-up... There is no absolute path or answer to your question/concern.
I think the cheating is systemic. It's not just the elite colleges. People are deluding themselves. Varsity Blues is just the tip of the iceberg.
Anonymous wrote:Anonymous wrote:OP here. Thanks for all the (mostly) thoughtful responses. I think what bothers me looking down the road is that this has all the signs of a bubble: overvaluation, artificial scarcity, lack of regulation, cheating, etc. It's not an investment I would otherwise make. The value just isn't there, perhaps aside from a number of STEM programs.
My kids aren't trust fund kids. Anything spent on their education is earned by us, or is a loan. The whole approach to this seems crazy to me -- no transparency, corruption, very little concrete ability to perceive value. And the idea of just hand-waving how the "education" is worth it just seems like so much marketing fluff from this distance.
Yes, this does look like a bubble (cost vs value) but the cheating and artificial scarcity is not a systemic issue. Your kid doesn't need to go to a school that is $70K per year and only accepts 10% of its applicants. But college is now equivalent to a high school degree for many careers. Bottom line, I think you are overthinking this; your child is in 6th grade. Save money, if you can, to help your child go to college, trade school or start a business when the time comes, whichever is appropriate for their situation and need. If your child wants to be a chef, they should go to culinary school; scientist, an in-state college; launch a software company, you can help them fund their start-up... There is no absolute path or answer to your question/concern.
Anonymous wrote:^^ my cousin did it that way (community college) then transferred to a California University. And guess what? Her GPA was much higher than it would have been had she done all four years at the Cal University because grading was easier at the community college.
Anonymous wrote:OP here. Thanks for all the (mostly) thoughtful responses. I think what bothers me looking down the road is that this has all the signs of a bubble: overvaluation, artificial scarcity, lack of regulation, cheating, etc. It's not an investment I would otherwise make. The value just isn't there, perhaps aside from a number of STEM programs.
My kids aren't trust fund kids. Anything spent on their education is earned by us, or is a loan. The whole approach to this seems crazy to me -- no transparency, corruption, very little concrete ability to perceive value. And the idea of just hand-waving how the "education" is worth it just seems like so much marketing fluff from this distance.
Anonymous wrote:State schools are now $25,000 to 30,000 each year all in. Most kids take 5 or 6 years to finish. Pretty nuts.