Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Education > Colleges and Universities
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-12-2013, 08:55 PM
 
10,181 posts, read 10,255,215 times
Reputation: 9252

Advertisements

Only 150 of 3500 U.S. Colleges Are Worth the Investment: Former Secretary of Education | Daily Ticker - Yahoo! Finance

I don't agree that the colleges that fall under the 150 mark aren't worth the investment in your child's education/future, but this is what it's come down to, apparently.

The very small private Eastern Pa college I graduated from 21 years ago USED to be called the "Ivy League Wanna Be of Eastern Pa". Was (was) rated as one of the top 10 colleges in the country for their pre-med program.

Times have certainly changed at my alma mater (Liberal Arts College). You can't go back to the school for an alum function without being held hostage to at least 10 out the 50+ acapella groups on campus during said function. The theater/arts has taken over to the point that the monies dedicated to the "arts" program, in my opinion, is pathetic and has take away from every other program offered...who pays close to $60K for their kid to major in "I was NOT the lead in "Annie Get Your Gun, but I was in the production"?

I don't even think the school registers in the top 1000 schools for their pre-med/sciences program any longer.

What a waste of what used to be a great school.

I don't understand the change, and why the college spent so much money building up the theater/arts side of education when it was well known for the sciences. All I know is my kids will not apply. Not even for craps and giggles.
Reply With Quote Quick reply to this message

 
Old 05-13-2013, 01:42 AM
 
Location: SF Bay Area
14,317 posts, read 22,380,171 times
Reputation: 18436
Default Bill Bennett has no credibility; off the mark as usual

The man has wasted his life as a Conservative, being part of the problem. His severely flawed judgment and instincts don't carry any weight with me, especially on this topic. We have Republicans like Bennett favoring profit over loyalty to American workers, by overwhelmingly promoting outsourcing and offshoring of jobs to foreigners. Bennett and his ilk are experts at displacing qualified American workers, discarding them at their degrees in favor of cheaper foreign labor. I don't agree with him or the confident incompetence he represents.

A college education doesn't guarantee a person a job. It has enormous intrinsic value that you can't put a price on, which places one at a higher vantage point by which they could explore a greater range of opportunities. I think any means that one can advance their education is extremely valuable. A no-name college in western PA is just as good for this purpose as Harvard. The value depends on the individual and what he/she gets out of it, not what some ranking in US News and World Report says.
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 05:05 AM
 
199 posts, read 1,106,293 times
Reputation: 272
Could region be an influencing factor?

I know some areas end up paying more.

Right now, i'm comparing the state universities of my state and the ones near the Expensive Part of state seem to have a higher ROI then the ones in the Affordable part of state. Could this be due to the region in which some graduates are prone to return to??

(Obviously I know that the Ivy Leagues and other "top schools" will be profitable regardless of where you're at).
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 05:56 AM
 
2,991 posts, read 4,287,600 times
Reputation: 4270
Quote:
Originally Posted by LexusNexus View Post
The man has wasted his life as a Conservative, being part of the problem. His severely flawed judgment and instincts don't carry any weight with me, especially on this topic. . . . I don't agree with him or the confident incompetence he represents.
The problem isn't that he is a conservative; rather, the problem is that he is an incompetent blowhard with poor judgement, as you have said. According to numerous mainstream news reports he has lost literally millions of dollars gambling in Las Vegas (and probably other places as well), all the while touting his "Book of Virtue."

The study itself is complete rubbish until ROI is controlled for the innate ability of the student body at any particular school. Smart people usually earn a lot of money. Harvard, for example, attracts smart students. That they earn a lot of money after graduating Harvard is to be expected. The same students would earn just about as much if they attended a good but "lower" school.

Last edited by Hamish Forbes; 05-13-2013 at 06:05 AM..
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 06:52 AM
 
12,104 posts, read 23,268,769 times
Reputation: 27236
Pretty ignorant statement. How many people have the jobs they have because they graduated form a 'less than top 150" college? Most of the college educated work force, that's who.
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 07:25 AM
 
13,496 posts, read 18,183,744 times
Reputation: 37885
Quote:
Originally Posted by Hamish Forbes View Post
...The study itself is complete rubbish until ROI is controlled for the innate ability of the student body at any particular school. Smart people usually earn a lot of money. Harvard, for example, attracts smart students. That they earn a lot of money after graduating Harvard is to be expected. The same students would earn just about as much if they attended a good but "lower" school.
So, is the next step that smart people skip higher education altogether, because if you are smart people money is your destiny?
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 07:35 AM
 
Location: East Coast of the United States
27,555 posts, read 28,641,455 times
Reputation: 25141
I agree with him, for the most part. People need to seriously consider what he's saying: If you go to a top-ranked university, then you can major in almost anything you want and get a good return on your investment. But if you don't get into a top-ranked university, then you must major in a high income/high demand field like engineering.

88% of people go to college to get a job - very important information. All of this stuff should be self-evident by now.
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 07:41 AM
 
Location: Victoria TX
42,554 posts, read 86,948,301 times
Reputation: 36644
How is this value defined? What is meant by "worth the investment"? It appears to mean that one will earn back the amount paid for the diploma at only 150 schools, and at all the others, the cost of the diploma will be greater than the income increment for having it. Patently untrue. An Associates degree from any community college will increase lifetime earnings well above the investment, if one choose a curriculum leading to an in-demand career field. And, Bennett said exactly that.

Not because the "education" is of any value, but because nowadays it is rigged that way. It certainly didn't do Bennett any harm to have learned articulate communication skills in addition to whatever degree he feels it "worthy" to pursue.

The headline belies Bennett's very valid point. He never said what was implied by the headline of the article, except as a tangential aside. His main point was what major you pursue, not what school you choose. This was based on one very short interview, introduced by one very leading question ("Is college worth it?") , by an unprepared hack reporter doing a fluff piece, and then a headline writer misconstrued the entire point.

Last edited by jtur88; 05-13-2013 at 07:59 AM..
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 08:03 AM
 
Location: Washington, DC
4,320 posts, read 5,136,503 times
Reputation: 8277
Quote:
Originally Posted by Hamish Forbes View Post
The study itself is complete rubbish until ROI is controlled for the innate ability of the student body at any particular school. Smart people usually earn a lot of money. Harvard, for example, attracts smart students. That they earn a lot of money after graduating Harvard is to be expected. The same students would earn just about as much if they attended a good but "lower" school.
This is not true. Elite universities offer superior placement services to run-of-the-mill universities. It isn't necessarily the placement office, it is the reputation of the universities that put hungry recruiters at Harvard but not at American U.

Corporate Greed, Inc. will look for talent at elite universities and if they don't find it they'll look abroad before going to lesser schools. And they will more likely hire foreign students from the elite universities because they are more likely to sacrifice all for the company.
Reply With Quote Quick reply to this message
 
Old 05-13-2013, 08:09 AM
 
1,924 posts, read 2,373,407 times
Reputation: 1274
Bill Bennett didn't get any smarter by being Secretary of Education, and no one else will get any smarter from reading Bill Bennett. The last time he was right about something was when he said, "Hey, I bet I can parlay my 15 minutes of undeserved fame into a pretty good part-time meal ticket at the expense of really stupid people." Everything he has come up with since then has been wrong. He is an intellectual pornographer.

College is not a market play. College is a place and time to grow up, to learn how to learn, to top off your stores of general knowledge and begin setting down stores of a particular knowledge that fascinates you enough that you decide to specialize in it. It is a place and time to lose the provincialism of youth, to expand and broaden your horizons and your consciousness, to meet and explore new and different people and benefit from their insights and experiences along with your own. It is also a place to have a good time so that you'll have plenty of cool stories to tell later on in life.

If Bill Bennett had ever said something half as insightful or worthwhile as the above, you might be able to say something nice about him. But he hasn't.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Education > Colleges and Universities
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top