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Old 08-09-2012, 07:35 PM
 
1,960 posts, read 4,664,339 times
Reputation: 5416

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Quote:
Originally Posted by Gatornation View Post
If you think someone majoring in business at a tier 3 school is going to be as successful as someone who majors in anything at say a top 50 school you'd be mistaking. The student at the top 50 school has already being vastly superior in accomplishments by the age of 18 compared to the other student. On average that won't change.
Who cares?! The general valuation of degree plans is NOT set by the outliers. This is an inconsequential metric to be focusing on. We can't cram everybody into a top 3 school. Nobody is talking about one-upping, we're trying to fix the labor-compensation deficit in this Country. We need viable plans for the everyday majority. Letting them tear each other to pieces over an olive garden job ain't gonna cut it, brother/sister. Income disparity is already as bad as it was in the 1920, which is creating the wealth re-allocation funnel that is dispossessing the middle class from the purchasing power and stability we enjoyed in the 1950s adjusted for inflation (without regard to social agendas of the time, that's not what's under discussion here). The way you restore prosperity for the stabilizing middle is by cutting that wage disparity, and the way you cut that disparity is by better matching labor needs with skillsets, NOT by telling people that if you don't get to AP math in 8th grade you aren't getting into Top 3 Baskin Robins college for the Superior. Telling everybody to indiscriminately go to college for whichever joseph and mary degree plan isn't going to attain that goal either, particularly at the alarming rate in which the education bubble continues to process people's desperation into a profitable ponzi scheme via student loan debt.
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Old 08-09-2012, 07:41 PM
 
24,488 posts, read 41,141,698 times
Reputation: 12920
Quote:
Originally Posted by hindsight2020 View Post
Who cares?! The general valuation of degree plans is NOT set by the outliers. This is an inconsequential metric to be focusing on. We can't cram everybody into a top 3 school. Nobody is talking about one-upping, we're trying to fix the labor-compensation deficit in this Country. We need viable plans for the everyday majority. Letting them tear each other to pieces over an olive garden job ain't gonna cut it, brother/sister. Income disparity is already as bad as it was in the 1920, which is creating the wealth re-allocation funnel that is dispossessing the middle class from the purchasing power and stability we enjoyed in the 1950s adjusted for inflation (without regard to social agendas of the time, that's not what's under discussion here). The way you restore prosperity for the stabilizing middle is by cutting that wage disparity, and the way you cut that disparity is by better matching labor needs with skillsets, NOT by telling people that if you don't get to AP math in 8th grade you aren't getting into Top 3 Baskin Robins college for the Superior. Telling everybody to indiscriminately go to college for whichever joseph and mary degree plan isn't going to attain that goal either, particularly at the alarming rate in which the education bubble continues to process people's desperation into a profitable ponzi scheme via student loan debt.
He said top 50. Not top 3. There's a big difference.

How exactly is student loans a Ponzi scheme?
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Old 08-09-2012, 08:40 PM
 
5,500 posts, read 10,522,520 times
Reputation: 2303
Quote:
Originally Posted by hindsight2020 View Post
Who cares?! The general valuation of degree plans is NOT set by the outliers. This is an inconsequential metric to be focusing on. We can't cram everybody into a top 3 school. Nobody is talking about one-upping, we're trying to fix the labor-compensation deficit in this Country. We need viable plans for the everyday majority. Letting them tear each other to pieces over an olive garden job ain't gonna cut it, brother/sister. Income disparity is already as bad as it was in the 1920, which is creating the wealth re-allocation funnel that is dispossessing the middle class from the purchasing power and stability we enjoyed in the 1950s adjusted for inflation (without regard to social agendas of the time, that's not what's under discussion here). The way you restore prosperity for the stabilizing middle is by cutting that wage disparity, and the way you cut that disparity is by better matching labor needs with skillsets, NOT by telling people that if you don't get to AP math in 8th grade you aren't getting into Top 3 Baskin Robins college for the Superior. Telling everybody to indiscriminately go to college for whichever joseph and mary degree plan isn't going to attain that goal either, particularly at the alarming rate in which the education bubble continues to process people's desperation into a profitable ponzi scheme via student loan debt.
You are changing topics now. This was our quote.

Quote:
That's the point, nobody is suggesting seriously that ALL degrees are worthless. It's just that MOST ARE.
Income and unemployment data prove this wrong as well as the points I made.
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Old 06-07-2014, 07:23 AM
 
Location: Warren, OH
2,744 posts, read 4,234,676 times
Reputation: 6503
Quote:
Originally Posted by hindsight2020 View Post
Nah, one should be differentiating by field of study. Quantitative skills will generally trump income potential over non-quant degree plans regardless of institution ranking.

I'm so tired of this bs...yawn...

The other bs is the idea that everyone needs to attend one of the "top 20 colleges" and if you don't, you are doomed. There are some very poor colleges - obviously any for profits. There are others that might stigmatize a student. Those are few and far between.

Most jobs that lead anywhere, require at least a BA/S to get the job. And yes, they could begin at $10 or $12.

However, the alternatives would be 1. Not working or 2. a minimum wage job with no possibility of advancement.
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Old 06-07-2014, 07:42 AM
 
Location: Up North in God's Country
670 posts, read 1,044,283 times
Reputation: 1007
Education is never a waste, but employment prospects are better with some jobs than others. It partly depends on where you are willing to work. My nephew grabbed a teaching position right out of college with a history degree (secondary education), but the first year he had to teach in a not-so-great area of Manhatten. The second year he got a much better location in Queens. A little experience with great reviews helps.

I would think it would be very hard to find a job with a B.S. in art history or psychology, yet some people do. Even jobs as doctors and dentists are harder to find if you want to live in a metro area. However, go out to the rural areas where you are needed, and there are plenty of positions.

Generally, I think it is easier to find a job if you have a science or math background, such as health careers, engineering, etc...but even those are getting overloaded in the metro areas.
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Old 06-07-2014, 09:34 AM
 
Location: usa
1,001 posts, read 1,095,799 times
Reputation: 815
Quote:
Originally Posted by ryhoyarbie View Post
For example, is a bachelors in history equivalent to a high school diploma?
hmm. I learned about an economic theory in my managerial econ class. I don't remember who came up with it, but the conclusion pretty much was, low level workers who go to college are pretty much wasting their money and time. So, if your degree doesn't personally set up in a decent paying path and you don't bother to intern & personally set yourself up for the job you want, college is a waste on you.
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Old 06-08-2014, 07:37 AM
 
1,761 posts, read 2,606,185 times
Reputation: 1569
Quote:
Originally Posted by MissSoBelle View Post
Education is never a waste, but employment prospects are better with some jobs than others. It partly depends on where you are willing to work. My nephew grabbed a teaching position right out of college with a history degree (secondary education), but the first year he had to teach in a not-so-great area of Manhatten. The second year he got a much better location in Queens. A little experience with great reviews helps.

I would think it would be very hard to find a job with a B.S. in art history or psychology, yet some people do. Even jobs as doctors and dentists are harder to find if you want to live in a metro area. However, go out to the rural areas where you are needed, and there are plenty of positions.

Generally, I think it is easier to find a job if you have a science or math background, such as health careers, engineering, etc...but even those are getting overloaded in the metro areas.
Very good post and yes education is never a waste but there are definitely degrees out there that are seen as more valuable, more hirable when compared to other degrees.
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