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> Nothing the Supreme Court says about the consideration of race in college admissions will affect the more basic problem, that too few Americans from poorer fa

> Nothing the Supreme Court says about the consideration of race in college admissions will affect the more basic problem, that too few Americans from poorer families are sufficiently prepared to apply to college. About sums it up. Though if there are any visible disparities in the populations that produce poor children who are prepared, I expect a loud argument.

nonethewiser 4y ago
Meanwhile, president of 50k/year liberal arts college says student debt "gets a bad wrap" and warns that alternatives include colleges having to "eat the cost" https://www.marketwatch.com/story/debt-gets-a-bad-rap-as-a-college-president-ive-seen-how-loans-have-helped-lower-income-students-the-most-11665061304 https://www.marketwatch.com/story/debt-gets-a-bad-rap-as-a-c...
- BeefWellington 4y ago
  What's interesting to me is that people like that seem to pretend as though other places on earth and other models don't exist. Running schools for profit is questionable on its own and I think it's tolerated because historically University/College education was seen as optional. We've moved away from that in a lot of the sectors that drive the economy these days though and the system hasn't been tweaked (regulated I suppose) appropriately.
  - nonethewiser 4y ago
    It's also straw-manning the very obviously fair observation that college is crazy expensive in the US. He also said that it's good "to have skin in the game" and that debt affords the opportunity to receive a quality education. Yeah, it is good to have skin in the game. No one disagrees with that. The criticism is that it costs 50k/year and you leave with a liberal arts skillset (IE, not uniquely qualified for anything). I'm not even saying liberal arts is bad, but at 50k a year it should have a direct path to a direct, obvious path to a high paying job. It doesnt. Instead we get platitudes that leave the very obvious problem of rapidly rising tuition unaddressed. Honestly people need to just stop taking out debt for things like that. You mention needing a degree for everything. In some sense you do, because people ask for it, but I don't think you need it. It's just oversaturated.
- 93po 4y ago
  The last time I looked at the financials for the University of Texas system, they could charge zero tuition for every student and they'd still make a profit every year (mostly from their massive amount of money in investments).

nonethewiser 4y ago

Meanwhile, president of 50k/year liberal arts college says student debt "gets a bad wrap" and warns that alternatives include colleges having to "eat the cost" https://www.marketwatch.com/story/debt-gets-a-bad-rap-as-a-college-president-ive-seen-how-loans-have-helped-lower-income-students-the-most-11665061304 https://www.marketwatch.com/story/debt-gets-a-bad-rap-as-a-c...

BeefWellington 4y ago
What's interesting to me is that people like that seem to pretend as though other places on earth and other models don't exist. Running schools for profit is questionable on its own and I think it's tolerated because historically University/College education was seen as optional. We've moved away from that in a lot of the sectors that drive the economy these days though and the system hasn't been tweaked (regulated I suppose) appropriately.
- nonethewiser 4y ago
  It's also straw-manning the very obviously fair observation that college is crazy expensive in the US. He also said that it's good "to have skin in the game" and that debt affords the opportunity to receive a quality education. Yeah, it is good to have skin in the game. No one disagrees with that. The criticism is that it costs 50k/year and you leave with a liberal arts skillset (IE, not uniquely qualified for anything). I'm not even saying liberal arts is bad, but at 50k a year it should have a direct path to a direct, obvious path to a high paying job. It doesnt. Instead we get platitudes that leave the very obvious problem of rapidly rising tuition unaddressed. Honestly people need to just stop taking out debt for things like that. You mention needing a degree for everything. In some sense you do, because people ask for it, but I don't think you need it. It's just oversaturated.
93po 4y ago
The last time I looked at the financials for the University of Texas system, they could charge zero tuition for every student and they'd still make a profit every year (mostly from their massive amount of money in investments).