Anonymous wrote:How cool would it be if there was an earning potential graph for every major....

ha ha

That largely depends upon the person. I know people with Communications majors from Towson making $400K+bonus by age 35 and who have had "bonus/stock option" payouts over 3-4M as well. I also know Com majors from Towson who only make $100K/year. It's about what you do with yourself that sets the trajectory.

Tell me would you be happy if colleges increase tuitions beyond affordable but taking more than almost all international students because they can afford, would you be fine with that?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Very few people spend $200,000 on college. Only the rich and the faux rich do.

UVA in-state 4 years is about that price.

No. It isn’t. It’s $40,383 a year for instate. All costs included. See here. https://sfs.virginia.edu/financial-aid-new-applicants/financial-aid-basics/estimated-undergraduate-cost-attendance-2025-2026

That's just for Art and Science.

Engineering is $51K+ and Business also comes close.

Nursing and Data Science also much more than $40383

Engineering degree at UVA cost more than $200,000.

VT seems much better deal.

Well it is because it's a much better engineering school overall.

Anonymous wrote:Parents should probably also consider the possibility of being laid off and their ability to pay.

Well that is why you plan for college. It isn't a surprise that 18 years after you give birth the kid will finish HS and likely need/want to attend college or some technical training. So as soon as daycare is over you direct at least 50% of that towards college (more if you were already adequately saving for retirement). You have your kid do AP courses or Dual Entry while in HS to get college credits. You might have a semester or even a full year shaved off of college. You look at State schools that you can afford and search for merit at private schools (which might be similar in cost with a good studnet). Then you have your kid work summers, breaks and PT while one college (10 hours/week just like many of us did with WS when we were in college)---most places kids can earn $10-15K/year. They take $5-6K yearly in federal student loans and they are left with only $15K to figure out. If a parent has been saving, they most likely can find a way to fund $15K/year.

If you can't afford that, you do 2 years at CC while living at home, then do the final 2-3 years at a 4 year college. If there is one nearby, you do so while living at home and save $15K+ of the $35K.

There are ways for it to be affordable. Now yes, it doesn't include attending a school priced at $90K/year unless you get mega financial aide. But most states have 2-3 excellent options that are under $30-35K and there are tons of private schools that you can get the cost down to that or close if you search (hint they wont be ranked in T30 but that is okay)

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.

No is is absolutely financially insane.

State school in state school.

Republicans are burning us to the ground there will be no jobs. And no way your DD are finishing their degrees at this point. 2028 no women will be going to college.

Don't believe me look up The Heritage Foundation, Peter Theil and his sycophants and see what they are planning for this country it is not pretty and they will succeed.

I still don't see why politics is to blame. Look around you, which country is not experiencing this problem? Are they all owned by US Governments?

This country was not experiencing this level of this problem to this extent a very short time ago. You can still get a very fine education at either a public or a private institution. That hasn't changed although it is starting to be eroded. But the economy is in a nosedive from a fairly robust economy not very long ago.

You could also see it as the country enriching itself by taking advantage of others — including us. Wealthy individuals from around the world are coming here to compete with our children, while capable people are competing with us for jobs. Why isn’t this considered a problem?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lately, most of our new hires and interns have been from state schools — some even graduated in three years.

State schools can be great. The current job market is not.

State School is what smart kids from families who are not rich do who don't want to go into debt. A degree is a degree. Not being saddled with $100K+ in debt is huge...it allows you to move to a different place than you grew up as you can actually afford an apartment.

Ivy/similar schools often have lower net COA than in-state publics for anyone between 100kHHI and 240kHHI these days.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lately, most of our new hires and interns have been from state schools — some even graduated in three years.

State schools can be great. The current job market is not.

State School is what smart kids from families who are not rich do who don't want to go into debt. A degree is a degree. Not being saddled with $100K+ in debt is huge...it allows you to move to a different place than you grew up as you can actually afford an apartment.

+1

Anonymous wrote:

Anonymous wrote:Lately, most of our new hires and interns have been from state schools — some even graduated in three years.

State schools can be great. The current job market is not.

State School is what smart kids from families who are not rich do who don't want to go into debt. A degree is a degree. Not being saddled with $100K+ in debt is huge...it allows you to move to a different place than you grew up as you can actually afford an apartment.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here's another good list for ROI schools.

https://poetsandquantsforundergrads.com/news/the-u-s-colleges-with-the-highest-roi/

Why do these scorecards never document outcomes. How many were employed via on-site recruiting; how many have jobs 3mos out and 6mos out; what's the median income of graduates - 2yrs out, 10 yrs out, 15 yrs out; how many went on to graduate schools within five years of graduation; what is the acceptance rates of those who went to graduate schools for MBA/PhD/JD/MD.

Give us some real outcomes-based decision making for ROI.

+1 It would be great if this data was presented by profession. How many graduates are in each profession, how many matriculate to top firms, law schools, etc. Plus the other data you mentioned.

The data just isn't shared by many of these $90K/year non-ivy schools. Sorry but I'm not on board with paying that without the evidence.

my kid's ivy publishes lots of data on med school, law school matriculation broken down by GPA, as well as salary for new grads, names of companies and industry sectors. They and likely most ivy/peer schools are hugely successful and well worth the $ even as full pay,

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Maybe part of the solution is doing something about the job market instead of entirely whining about college.

It's called Capitalism, free markets.

It's called a s*** job market.

Yes, so you teach your kid to be flexible and adjust accordingly. You teach them to take any job and find the best path forward at the time.

My kid has a friend who graduated 2 years ago and hasn't landed a FT job yet in their career path (CS major with a 3.2 from our 2nd level State U). They work part time for a true startup (10-20 hours per week) and get paid little, but are gaining good experience. They work on side to build their skills level, and oh, they went out and got a job with UPS for 20-30 hours per week (they can pick up shifts as it works for them) delivering packages. They are getting $28/hr for that.
Kudos to them, as they are at least working 40-50 hours/week, living at home so saving $$, and working to build a resume. While doing so, they don't have a gap in their "work experience", If I was hiring I'd hire them in a minute over another friends kid who hasn't worked in 2.5 years (CS/Data Science major) after getting laid off. Like literally, hasn't worked a paying job doing anything, just living at home. Smart kid who is still looking for the perfect job---I'd much rather hire someone who pet sat, waitered, worked at Target, UPS, amazon delivery, etc while searching than someone who just sits at home doing nothing.

Most people pivot during their careers, many don't work in a field that requires "their specific degree", the sooner you learn to pivot the better. And yes, there are places hiring, so you get a job doing something rather than nothing.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.

No is is absolutely financially insane.

State school in state school.

Republicans are burning us to the ground there will be no jobs. And no way your DD are finishing their degrees at this point. 2028 no women will be going to college.

Don't believe me look up The Heritage Foundation, Peter Theil and his sycophants and see what they are planning for this country it is not pretty and they will succeed.

I still don't see why politics is to blame. Look around you, which country is not experiencing this problem? Are they all owned by US Governments?

This country was not experiencing this level of this problem to this extent a very short time ago. You can still get a very fine education at either a public or a private institution. That hasn't changed although it is starting to be eroded. But the economy is in a nosedive from a fairly robust economy not very long ago.

Almost all the big corporates are globally expanded. They can hire anyone who speaks the language. They can pay the lowest wage they want to because they can shop any college candidate from anywhere in this planet

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here's another good list for ROI schools.

https://poetsandquantsforundergrads.com/news/the-u-s-colleges-with-the-highest-roi/

Why do these scorecards never document outcomes. How many were employed via on-site recruiting; how many have jobs 3mos out and 6mos out; what's the median income of graduates - 2yrs out, 10 yrs out, 15 yrs out; how many went on to graduate schools within five years of graduation; what is the acceptance rates of those who went to graduate schools for MBA/PhD/JD/MD.

Give us some real outcomes-based decision making for ROI.

+1 It would be great if this data was presented by profession. How many graduates are in each profession, how many matriculate to top firms, law schools, etc. Plus the other data you mentioned.

The data just isn't shared by many of these $90K/year non-ivy schools. Sorry but I'm not on board with paying that without the evidence.

+1
Some schools are actually brave enough to publish the NG median income. CMU for example

Anonymous wrote:

Anonymous wrote:Lately, most of our new hires and interns have been from state schools — some even graduated in three years.

Some of the most prestigious schools for certain fields are public. So this checks out.

+1
Cue the SLAC boosters in 3…2…1…

Anonymous wrote:

Anonymous wrote:Here's another good list for ROI schools.

https://poetsandquantsforundergrads.com/news/the-u-s-colleges-with-the-highest-roi/

Why do these scorecards never document outcomes. How many were employed via on-site recruiting; how many have jobs 3mos out and 6mos out; what's the median income of graduates - 2yrs out, 10 yrs out, 15 yrs out; how many went on to graduate schools within five years of graduation; what is the acceptance rates of those who went to graduate schools for MBA/PhD/JD/MD.

Give us some real outcomes-based decision making for ROI.

+1 It would be great if this data was presented by profession. How many graduates are in each profession, how many matriculate to top firms, law schools, etc. Plus the other data you mentioned.

The data just isn't shared by many of these $90K/year non-ivy schools. Sorry but I'm not on board with paying that without the evidence.