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Does the average career of a graduate with comparative literature degree provide enough income to pay off a debt of this scale? If this were a medical or law de
by lykahb 8y ago
Does the average career of a graduate with comparative literature degree provide enough income to pay off a debt of this scale? If this were a medical or law degree, the decision to take the loan would be more justified.
I wish the high school kids were taught more about career and finance. Obtaining higher education is not a goal that should be achieved by any means, it is simply an optional tool for building the career.
- arbuge 8y agoFor medicine or law, the typical debt numbers are alot higher than $24k: https://www.cbsnews.com/news/1-million-mistake-becoming-a-doctor/ https://www.cbsnews.com/news/1-million-mistake-becoming-a-do... https://www.studentdebtrelief.us/news/average-medical-school-debt/ https://www.studentdebtrelief.us/news/average-medical-school... https://www.forbes.com/sites/robertfarrington/2014/12/18/law-school-and-student-loan-debt-be-careful/#3fc430dc11f9 https://www.forbes.com/sites/robertfarrington/2014/12/18/law...
- lykahb 8y agoThe article title is a bit misleading - it refers to one particularly bad loan. Below she disclosed that her total student debt is $95k. This makes the ratio of debt to projected income quite poor. Also unlike the high earners she'll have to pay more toward the interest than principal.
- bluntfang 8y agoWhen did college turn from learning institutions into career factories?
- bonniemuffin 8y agoWhen it got this expensive. It's hard to imagine a private university providing enough value as a "learning institution" to justify the cost to the student. Community college, on the other hand, is a wonderful learning institution--my local CC has continuing ed classes that are basically free for city residents, and anyone can learn nearly anything there, without going into life-altering debt.
- nemo44x 8y agoWhen we scaled it to the level it’s at today. A university education was at one time for academics and our best minds. There were plenty of jobs for everyone else. Those jobs are gone and a university degree has scaled to a level where many students wouldn’t be there under the original intent of the university. The purpose of the university has changed as our society has changed. But we are using the old, unscalable model to try and scale a university degree for the many.
- coredog64 8y agoI describe this as the last bastion of socially acceptable racism. PoC are less likely to get a college education, so requiring a degree helps to restrict the labor pool without bringing the EEOC down on the company.
- nemo44x 8y agoIt’s more a socio-economic thing than racist I think. It’s disproportionately affects you the lower on the wealth heiarchy you are.
- wtvanhest 8y agoThe average lawyer makes around 60k to 70k. Borrowing 200k to make that is nonsensical. School is too expensive now. Its a travisty fof the next generation.
- AlexCoventry 8y agoIt's bitterly ironic that people teaching Critical Theory, which ought to be a tool for liberation, have become complicit in miring their students in debt slavery, and are often mired in it themselves. Anyone involved in teaching university students these days has an ethical responsibility to emphasize the price the students are paying to be there, and the implications that will have for their future revenue needs.