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> Naturally, among students who drop out, 100% of programs have negative ROI. This is interesting. It means that education, experience, and network gained in c
by randomdata 5y ago
> Naturally, among students who drop out, 100% of programs have negative ROI.
This is interesting. It means that education, experience, and network gained in college has no economic value. Whatever ROI college may provide is found entirely in the recognition of completion.
- Kranar 5y agoYep, the education you can get for free. The networking you gain in college is likely to your detriment if you don't pass, you're basically known as the guy who flunked out. Any ROI from college is in the credential.
- deleted 5y ago[deleted]
- randomdata 5y ago> the education you can get for free. Perhaps I should have elongated my quote. The findings indicate that there is absolutely no economic gain to be found in education, no matter how much or little it costs. It is not a case of `Economic gain of $50,000 - Costs of $100,000 = -$50,000 ROI.` It is straight up suggesting that there is no economic gain at all. So even if you eliminate your costs in acquiring an education, your gain is still nothing. This is very much in contrast to what most people believe, who see economic value in having knowledge and skills. Most interesting to me is that it passes this state of education having no value off as "Naturally".