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Joined: 03/06/2005 Posts: 7371
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I have no doubt that 'on average' they do make more but id be interested to

see an analysis by degree vs without going to college vs kids that go to college but end up dropping out. I suspect the overall wealth would be something like this

1. college degree with high earning potential (STEM, doctor, lawyer, finance, etc)
2. straight to the workforce out of HS
3. college degree with low earning potential (psych, comms, education, language, etc)

i don't think the issue here is whether going to college is worth it or not if you end up in a certain field but if you spend $200k+ for a degree that only offers $30k per year salary then you're in a hole you can't ever get out of. We can debate whether the kids should have know that going in or not but the adults / councilors, etc not clearly communicating that RoI to these kids and the pressure to go to college was (is?) a disservice and has them drowning in debt.

I don't know if this exists or not but I'd love to see a mandate that each school (so you can see public vs private, in state vs out, etc) has to publish some standardized metric by degree that takes into account future earnings and debt accrued. Would be very interesting and useful to show HS kids

...might also drive tuition rate (and professor salary) to be based on degree....why should someone have to pay the same for an education that gets you half the earning potential. That would allow continued learning at a 'market' value
[Post edited by ME Hokie 07 at 05/06/2021 12:58PM]

(In response to this post by HokieGator)

Posted: 05/06/2021 at 12:55PM

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Current Thread:

Interesting story in WSJ today on college degrees. -- GreenvilleVT 05/06/2021 08:31AM

IMHO, education is important and will remain so. But the 4 year model... -- BleedinOandM 05/06/2021 12:47PM

Yeah, I absolutely see that happening -- `lag 05/06/2021 11:14AM

Private schools can cost up to 60 a year- public 1/3- hired for same jobs ** -- bigbadbird 05/06/2021 11:50AM

Well the world needs ditch diggers too. ** -- soldcokesatLane 05/06/2021 11:04AM

So are parents/teachers/counselors still lying to kids about college? -- HokieNoVA 05/06/2021 11:02AM

Failure is a strong word. But do the statistics still show that you will -- HokieGator 05/06/2021 11:14AM

I have no doubt that 'on average' they do make more but id be interested to -- ME Hokie 07 05/06/2021 12:55PM

Found kinda what you are looking for -- Tafkam Hokie 05/06/2021 1:40PM

Pretty good, thanks ** -- ME Hokie 07 05/06/2021 3:41PM

My guess is that schools will start offering online programs at a lower -- HokieHigh 05/06/2021 10:58AM

Yes. Look at Liberty. But as the Hokies -- GreenvilleVT 05/06/2021 1:36PM

I was thinking about them and University of Maryland's UMGC ** -- HokieHigh 05/06/2021 2:15PM

Charging regular prices for online classes is borderline criminal IMHO. -- EDGEMAN 05/06/2021 11:51AM

I think the market eventually gets wise to the fact that online classes -- HokieHigh 05/06/2021 11:58AM

I have taken plenty of classes that would be OK taught 100% online. -- EDGEMAN 05/06/2021 12:29PM

My boss does not have a degree :/ ** -- FfxStationHokie 05/06/2021 10:27AM

The cost of higher education has gotten out of control -- EDGEMAN 05/06/2021 10:14AM

Gotta pay for those football teams somehow. ** -- BusLoadaBozos 05/06/2021 11:07AM

They were going into retail before. There are others with similar skills. -- lchoro 05/06/2021 09:06AM

It is prob better to take a kid fresh from HS and teach them to work -- bigbadbird 05/06/2021 08:38AM

SO if CC was free would that make a difference? ** -- UTPr0sim 05/06/2021 08:33AM

Yes, I think so. If adapted slightly -- Nova Hokie 95 05/06/2021 10:20AM

Unfortunately that will not address the primary issue, which is... -- EDGEMAN 05/06/2021 10:18AM

I think the thinking is almost everyone needs more education. Adding -- UTPr0sim 05/06/2021 2:23PM

CC doesn't need to be made free. It's already relatively inexpensive... -- EDGEMAN 05/06/2021 2:54PM

Actually over 50% of students attending CC need financial aid.... ** -- UTPr0sim 05/06/2021 4:21PM

Not sure. But my kids have taken CC courses -- GreenvilleVT 05/06/2021 09:08AM

It's free here - and many of my kid's friends choose that path -- bigbadbird 05/06/2021 08:40AM

If you don't mind me asking... -- Vtskier1 05/06/2021 09:27AM

Tennessee has it- I am in SC- with lottery and waivers it can be free -- bigbadbird 05/06/2021 10:24AM

I've heard good things about the SC programs. A good friend of mine -- Vtskier1 05/06/2021 10:41AM

Also- if you do dual enrollment through the HS- and make a B or better-free -- bigbadbird 05/06/2021 10:51AM

It’s not free where I live but some rural communities -- GreenvilleVT 05/06/2021 09:29AM

I have no doubt that 'on average' they do make more but id be interested to

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