I wonder if all student debt was wiped out, if the credentials for colleges would change?
like for high end colleges, such as Harvard, or Yale?
and instead of a gpa, they had were mandatory to have more people with low
income in forced to automatically have to accept people with no money people, even if they weren’t necessarily qualified?
Back in the 1970’s typically only the top level students were going to college. Today the push by the education establishment is to get every student to go to college. There are so many people in the workforce with college degrees that either have no relevance at all to what they are doing in their job or use little to none of the content they learned in college. Many people spent $40,000-$60,000 for a degree that got them a job only paying $10-$15/hour. Can we say bad investment.
Very much a bad investment. Especially when you consider that you can learn the same information for free on Khan Academy. My wife does not use her degree and freely admits that it was worthless.
And yet, we have more and more employers demanding a 2 or 4 year degree for jobs that shouldn’t require one because screeners are too lazy to actually go by qualifications like skills and previous experience. That or they can get away with paying a recent college graduate a hell of a lot less than someone who actually has done the job, know what it entails, and knows what they’re actually worth. I can’t tell you how many people with degrees I’ve seen terminated within a few weeks who have never worked another job coming in feeling entitled because they have a degree being let go because they don’t have a clue what they’re actually supposed to be doing and feeling like the job they were hired to do is completely beneath them.
On a practical level most of my coursework in college was a complete waste of time, and that even considers the coursework involved with my major.
The reason for this is that the marketing forces for the education establishment convinced so many Americans that going college was necessary and part of the “American Dream”. And many more people in the workplace now have college degrees and are doing the same job that people did many years ago right out of High School. Sales rep’s are a perfect example. I’m willing to bet that most sales rep’s working for companies today have a college degree, whereas years ago few if any did.
Add 2 more years of high school with more vocational / pre college credit.
College graduates earn more than non-college graduates. That’s just a fact. College is designed to be a well-rounded education. It’s up to the individual what he/she does with it.
In an interview from January 2016, Khan defended the value of Khan Academy online lectures while acknowledging their limitations: “I think they’re valuable, but I’d never say they somehow constitute a complete education.”
That’s unfortunate. I have a different opinion.
That assertion isn’t specific enough to comment on.
“College graduates earn more than non-college graduates.”
Sure, but why? Are they doing the job any differently than someone without a degree would? No. Don’t we take issue when women are paid less for doing the same job than a man? Why is this any different?
There are also a lot of HR screeners with degrees. HR screeners who use degrees as a tool to screen candidates for jobs that shouldn’t require a degree. If I don’t do my job, I get fired. Meanwhile, these lazy jerks get promoted. 
HR “screeners” in any large organization review job applicant’s based on requirements listed in the job vacancy posting.
Our postings always state education level or equivalent practical experience. Our HR “screeners” then review applicants for any posted position and weed out those that are unqualified for the position. Unqualified means not possessing the required educational background or lack of experience (lack of educational background or lack of experience is not a disqualifying factor, you have to lack both), after that certain criminal histories are disqualifiers***, incomplete application, negative reference responses*******, etc.
Then all qualifying applications are forwarded to the department head or hiring committee (depending on the level of the job) for review… Let’s say we have an IT position open for a Network Specialist, we very often will get 75 or so applicants. Typically only 5 - 10 are disqualified from the beginning, the other 65 - 75 are forwarded to the Department for selection of the top 5 or 6 candidates for interview.
Your problem isn’t with HR “screeners” it’s with Department Heads and Managers that write the education/background experience portions of the job posting that the HR “screeners” then actually follow.
.
.
.
…
.
.
.
.
*** Criminal history, is asked on the application. If selected for employment a criminal background check is done. Lying on the application and not reporting a criminal history is grounds for immediate discharge.
******* References, a few years ago we went with “blind” references. They submit reference contact information and a link is emailed to that individual. The reference consists of a questionnaire and the applicability to then enter general comments in paragraph format. By “blind” I mean that the applicant never gets to see the reference. Unlike the old system where the applicant requested a reference letter from the individual, it was given to the applicant, and the applicant submitted it with the application - blind online references allow the previous employer to be much more honest on a number of areas including work performance, attendance, actual duties, etc. Once the application reference is complete and submitted the custom link doesn’t work anymore.
.
.
.^^^^^
I’m in the trades and I make 6 figures a year plus great benefits. Problem with the trades is it can be very up and down. It all depends on the economy. It can be over saturated in many areas . Not knocking them because they can be a great opportunity but do I want my kids doing it? Not sure yet. Hope they decide on an education and stay out of the life because it takes a giant toll on your body and has economic ups and downs. But if they do go that route I wouldnt be disappointed either.
OK, so what do people like us who’s child is going to get through college with no debt/loans thanks to scholarships and a college fund getting out of this other than a thank you for being responsible and paying for everything?
Guess we did it wrong.
You probably won’t get anything but thanks.
You didn’t do anything wrong. You did a good job! Keep it up.
LOL, yeah I’m pretty sure of that.
Just getting tired of following the rules and sacrificing when needed to do the right thing when hell, I could just be a ■■■■ up and not want to repay my debts and get it wiped out.
I know my child is lucky in that she won’t have debt, but it was hard work and sacrifice that made that happen, not racking up loans and expecting them to be washed away giving her a virtually free college education.
I’m quite tired of it too. But I don’t see any benefit in continuing as things currently are.
So, hey, they get a freebie and start putting that money into the economy, instead of the hands of government debt collectors.
It would be right to just let the middle-class bleed forever for responding to the market forces that over-emphasized the importance of a degree. But it sucks for me who would rather be paid that money for my services. It sucks for them who would rather be paying me and other businesses for things. And it sucks for the kids in school now, who have to choose between gambling on outrageously expensive university now, or gambling on the right trade that will sustain them for the next 40 years of globalization.
It’s only good for lenders and colleges, who get the privilege of being exempt from the free market consequences of their degrees.
I’m not interested in being “dead right” like that. So I say, let the whole lot of them go before a judge and deal with bankruptcy like every other business has to.
I have a friend whose kid just finished his first year of college. The cost of the school is around $50,000 per year. The kid has some issues and they are hoping that even if he does graduate that he’ll be able to function in that type of field. Unless my son demonstrates that he can excel academically I would be very hesitant to encourage him to go to a 4 year college. I hope he can go to a vo- tech so he can experience a trade. I did.
