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How is this in any way like college? I agree that people should read the contracts, but if I quit college, I'm not on the hook for anything more than I've alrea
by stuff4ben 6y ago
How is this in any way like college? I agree that people should read the contracts, but if I quit college, I'm not on the hook for anything more than I've already paid. And you know what you're getting into when you get a loan, so I fail to see how this $36K quitting fee is like college...
- whiddershins 6y agoWell, with college you don’t get paid at all for around 4 years of your time, and then graduate in debt or having paid for instruction. Compare that to this case where you basically commit 2 years of time and emerge debt free, and presumably with real work experience. I’m not advocating for this sort of system, it creeps me out. What I am saying though, is that college can be a dicey value if you can’t figure out how to translate it to the job market, if that’s your objective. We would probably be better off if there was a really good system for apprenticeships that was a win win for employers and employees. Most grads basically have to be mentored for years to be effective, in my experience. It makes it hard on companies looking to hire, because they have to invest so much in someone who can just leave. And hard for the job-seeker, as they are in a difficult position because they may not be able to offer a lot of value, so may not be able to get a job. For people with top tier degrees, or who are very motivated self starters, none of this matters. But what about everyone else?