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I think we need to acknowledge the utter deluge of marketing material that liberal arts programs and the loan industry that backs them foist on students, pre-co
by lumost 5y ago
I think we need to acknowledge the utter deluge of marketing material that liberal arts programs and the loan industry that backs them foist on students, pre-college teachers, and parents. It doesn't help that the odds of the teachers from K-12th grade having a liberal arts degree are pretty good as well.
We can try to say that students should educate themselves about the odds, but that's kinda like telling someone sitting in a McDonalds that they should get something healthy.
Even students going on to MA/PhD programs have a good chunk of sunk cost fallacy goading them on. No one entered these degrees without honestly wanting to make a go of it, but when they pop out the other end with 120k in debt, no idea how to pay it and a ~10% job placement rate - deferring for another 4 years and getting more credentials sounds pretty appealing.