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First, they got rid of "Rutgers College" and merged all the colleges into a cross-campus system. Everything is now called Rutgers University. So the entire prestige of Rutgers College has been torn out. Second, the school has a few good programs (mba, for example); however the rest is pretty bad as I suggested.
Now back to your question. Many people are accumulating financial aid because they feel that they should go to college when they really shouldn't. Keep in mind that historically, academics of higher education were for those with extremely high merit or with moderately deep pockets. Those with high merit get funded via private or public scholarships wile those with deep pockets have no issues coming up with the money to cover the expenses. The problem now is that everyone feels they should go to college, own big homes, and drive a Honda. So debt is being created. The student loan program has expedited this, unfortunately.
Problem is that education beyond high school is pretty much required now for the basics. Life is more complex. What covered the basics was free before and isn't now.
Problem is that education beyond high school is pretty much required now for the basics. Life is more complex. What covered the basics was free before and isn't now.
It's only required because of degree inflation. We can deflate it.
I agree that education beyond high school is required. However, there are different ways to attain it without necessarily getting a (expensive) 4-year college degree.
It's only required because of degree inflation. We can deflate it.
To do that we need to inflate public K-12 and as you know that is a challenge and in many cases that is deflating putting the pressure on Community College and Public Colleges. To a lesser degree private colleges but still there also.
Think of the transition process to college. If coming from a high school you have a school counselor to help you. If coming from a community college you have help. If out of the service or out of a job or wanting a new career etc who do you have to help you? The admissions officer at the college or even worse the admissions/financial aid person at the for profit tech school.
I agree that education beyond high school is required. However, there are different ways to attain it without necessarily getting a (expensive) 4-year college degree.
Remember that little thing called on-the-job training? That's gone the way of the dinosaurs in recent years.
I agree that education beyond high school is required. However, there are different ways to attain it without necessarily getting a (expensive) 4-year college degree.
The classic example is I knew a clearly bright top 1 student who went to the University of Chicago. Excelled and was doing well except after two year he was unable to continue attending. He transferred to a state university and ended up with an expensive degree from the state school. Had he done the opposite he would have paid about the same ( this was years ago when cost were contained) and had a degree from the University of Chicago. I am a big fan of elite private schools for your kids because of the connections they make and the culture they adopt. If done right they pay big dividends.
Remember that little thing called on-the-job training? That's gone the way of the dinosaurs in recent years.
I have a son who is a staffing manager and he has given me a lots on that topic and how and why companies do what they do. When folks change jobs on average 7 times in their working life or perhaps even more now, why spend the time and money is part of the discussion. Same with benefits which originally were designed to retain top talent not social reform.
Yes, accepted into PRINCETON. That's why Princeton's selectivity is high because of too many applicants. If you can't get into Princeton and the likes then you're left with NYU, Bucknell, New School and the likes which charge astronomical tuition fees. A former colleague of mine got a generous aid package from Notre Dame (50% off) and he still graduated with $100K in debt.
Non need based aid is a tricky path you can negotiate with more success if you have someone who knows what they are doing. What folks don't realize is that with many schools you can negotiate scholarship amounts.
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