My degree is not worth the debt! - Page 12

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  1. I get the Generation Y thing. A sense of entitlement. I see it in my 7 year old grandson. Shamefully. What happened to working wherever, even babysitting, to get your degree. My son is 38. He is an RN. He put himself through LPN school, worked, went back to school for an his RN. Worked for years, now getting his BSN. No one owes you and education! Get real! If you cannot afford the "good life" and go to school, then just try to live on minimum wage for the rest of your life, and have a "good life." Noone is going to give it to you. I know your parents have but the real world will not give you anything. Go to work, take classes when and if you can afford it, pick a CC first if you need to, get scholarship, whatever, and GET OVER IT!
    Conqueror+ and kdrose01 like this.
  2. Quote from leenak
    Computer science not worth anything? When I graduated with a CS degree in the late 90s, I started at $50k/year and that is because I took a 'safe' position. Some of my counterparts were making $60k+ right out of college. And most of us had jobs up to a year prior to graduating. I don't know the state of CS programs right now but I work in the computing industry and people are generally well paid.

    I have said it before, Universities aren't designed to get you a job, they are designed to get you an education. Now sometimes that education may be required for a specific job but that isn't their goal. PhD programs are designed to turn you into a professor at a University although even that seems to be in trouble these days. So yes people should do some career planning but for some jobs, it doesn't really matter what your degree was in, just as long as you have a degree. I know someone who became a tech writer and majored in French and gets paid very well. I've also known many other people who had similar experiences.

    And also yes we may have people with low end jobs and college degrees but why not? I think we should strive to have free college education for people and if someone wants it, they should get it. Unfortunately, the system isn't built for it. An education is a valuable thing and it isn't always just a means to a specific career.
    I understand where you are coming from and, on an altruistic level, agree with you. Unfortunately, life has changed my opinion on this matter. It is simply foolish to deny the writing on the wall and to dismiss personally witnessed flaws in the name of idealism. Thats where I am at with it, the reality of the situation outweighs my idea of the desired outcome.

    I think for the most part, we have seen what will happen with free education. You see people bashing it here already, and its not even free yet. Students get caught up in "living the college life" or gaining "the college experience" (w/e that is), and get caught up in chasing "a well rounded education". People get so caught up in the storm of "getting educated" that they lose touch with reality. All of a sudden, life is not worth living unless they can work part time instead of full time in order to squeeze that extra philosophy class into their schedule. Once someone is headed down this road, they can take a great deal of time satisfying their misguided urges for "knowledge" while they pursue a career in...........being a professional student.

    Consider my first post in this thread. A student went to arms against much wiser folk defending their "right" to take full advantage of their opportunity for education. They go to school full time, need extra loan funding for housing and eating, must have the best of everything that has the least, most remote connection to school (computers, supplies, clothes to wear to class etc etc).............all the while, no job to pay any of the expenses and in the end, no chance at all to pay the loans that funded this pink cloud existence. Debt debt debt, that's all they are accomplishing. Professional student contribute nothing more than a nice paycheck for those who run w/e establishment they attend.

    I do believe a more utilitarian approach to education is needed. If, after being granted student aid and grants......you are unable to contribute anything back to the community........then that money could have been spent much wiser.

    I do applaud those who want more knowledge and to be "well rounded", but you have to get that on your own dollar bill. If its not important enough for you to work for and fund on your own, is it really that important to you?

    The part of the equation professional students are not getting is the part the comes after the (=) sign. Student+desire+financial aid=educated student able to contribute to the community. It does not (=) a well rounded individual, a happier person who got to experience "the college years" nor should it be, as you put it, someone in a low end job with a college degree. If the community does not get its return on the investment, then, again, the money is better spent elsewhere.

    I gladly pay my taxes each pay period hoping some of my dollars will go towards creating a great engineer when the person would have otherwise been a pawn shop salesman. I want to see the next great teacher, not another gas station cashier. With community money invested, it goes without say........we are seeking a business major who creates jobs for the less fortunate...........not a burger flipper with a college education.

    Any attempt to make education free must be well directed and well intentioned enough to weed out "professional students" and achieve this goal. Right now we don't have that part figured out, so, unfortunately, the next best thing is to go with a utilitarian approach to funding education. Funding people who simply leave a wake of debt is foolish.
    TheCommuter and lindarn like this.
  3. eriksoln
    You have said a monthful!
    lindarn and eriksoln like this.
  4. Quote from nurseclm
    eriksoln
    You have said a monthful!
    [No idea if thats a good thing or a bad thing, so, just going with it]

    Why...........nurseclm!!!!!! LOOOOOVE what you did with your hair today. Did you get it done professionally or do it yourself?

    You have to tell me your secret.
  5. People taking out unreasonable ammounts of debt is something that really gets to me, especially when you get people crying poverty when they're there by there own fault.

    I find because I live in New Zealand and student loans are interest free, that so many people start courses and never finish them/run off overseas and never pay their loans back because theres no incentive/how can they pay there loans back when they're allready living on social welfare.

    I restart nursing auctually a month from today (I dropped out after being diagnosed with hodgkins after my first few days!!). I'll be taking out a loan to pay my course fees while I study, for the mean time I will be living between home/grandparents so as to keep living costs to a minimum. Allthough my parents have said they will pay my loans on graduation (allmost as a carrot rather than a stick, plus it gives one more incentive to study and pass - Not that I need it.) I feel I should allways keep money owed to an absolute minimum because theres allways an uncertainty for the future. Will my parents still be able to do so in three years? From my veiw it's allways best to prepare for the worst case scenario.

    I see so many of my peers who have no regard for money. It's all easy come easy go. Most people are shocked that at 19 I've allmost enough for a deposit on a(small/cheap) house in savings, I inherited about half of it. But I know of so many other people my age who come into money and blow it.

    I feel like I've been ranting sufficiently but to close my rant I have to say I feel a large number of people in my generation have no appreciation for money or working hard for it. I feel like it has alot to do with how people have been raised. I've allways grown up with my parents being quite wealthy. But have just about allways had less given to me than everyone else. I remember feeling cheated back when I was young when other kids at shcool would just "get things" and I would have to work my ass for my parents (cleaning their old motel) just to have half the stuff they got.

    But looking back I'm glad I was raised so strictly. I feel it's put me in good stead for my future.
    eriksoln and lindarn like this.
  6. Nursing in New Zealand may be good thing to know about, but it still has nothing to do with the way it is done here in the USA, so this "experience" will be totally useless for the job search purposes.
    I'd actually have to disagree with that. As someone who participated in 2 study abroad programs in college, I found them to be excellent educational opportunities. Living in another country provides life lessons that can't be bought at a college in the US (unless you're from another country), since you have to learn how to live in someone else's culture, which expands your worldview and opens your mind. Learning how to communicate with people who are very different from you is an invaluable skill in nursing. It also raises cultural awareness that improves communication in nursing. Not to mention that employers have always been impressed by my experiences abroad. It takes incredible strength and coping skills to learn to live in another culture. That's certainly worth some debt. And if you do it correctly, you can study abroad for less than studying here. But I wasn't someone who racked up debt on cable tv or that nonsense.
    pers, rph3664, and lindarn like this.
  7. Last night, I saw a "Frontline" episode on PBS that had a section about all the veterans who are using GI Bill money to obtain degrees from for-profit schools - degrees that many of them have no idea are worthless until it's too late. They often came from families where nobody went to college, and had no idea what kind of standards they might need to meet to get a "real" degree.

    The story implied that a large proportion of the explosion of these schools in recent years has been subsidized by this.
  8. Quote from teiladay
    Remember when students in the U.S. dropped "computer programming/science" like the plague? Why was obvious to even the dullest student- because the major wasn't paying anything was why. Remember when you couldn't get a med student to 'match' "general practitioner" to save his or her life? Why... because the pay was relatively awful.
    I was one of those computer science students who dropped the major like the plague. It wasn't because of pay, it was because of outsourcing. Jobs were drying up like rain in the desert, and I didn't want to graduate with a worthless degree.
    Last edit by Not_A_Hat_Person on Jun 29, '11
  9. Quote from eriksoln
    I understand where you are coming from and, on an altruistic level, agree with you. Unfortunately, life has changed my opinion on this matter. It is simply foolish to deny the writing on the wall and to dismiss personally witnessed flaws in the name of idealism. Thats where I am at with it, the reality of the situation outweighs my idea of the desired outcome.

    I think for the most part, we have seen what will happen with free education. You see people bashing it here already, and its not even free yet. Students get caught up in "living the college life" or gaining "the college experience" (w/e that is), and get caught up in chasing "a well rounded education". People get so caught up in the storm of "getting educated" that they lose touch with reality. All of a sudden, life is not worth living unless they can work part time instead of full time in order to squeeze that extra philosophy class into their schedule. Once someone is headed down this road, they can take a great deal of time satisfying their misguided urges for "knowledge" while they pursue a career in...........being a professional student.

    Consider my first post in this thread. A student went to arms against much wiser folk defending their "right" to take full advantage of their opportunity for education. They go to school full time, need extra loan funding for housing and eating, must have the best of everything that has the least, most remote connection to school (computers, supplies, clothes to wear to class etc etc).............all the while, no job to pay any of the expenses and in the end, no chance at all to pay the loans that funded this pink cloud existence. Debt debt debt, that's all they are accomplishing. Professional student contribute nothing more than a nice paycheck for those who run w/e establishment they attend.

    I do believe a more utilitarian approach to education is needed. If, after being granted student aid and grants......you are unable to contribute anything back to the community........then that money could have been spent much wiser.

    I do applaud those who want more knowledge and to be "well rounded", but you have to get that on your own dollar bill. If its not important enough for you to work for and fund on your own, is it really that important to you?

    The part of the equation professional students are not getting is the part the comes after the (=) sign. Student+desire+financial aid=educated student able to contribute to the community. It does not (=) a well rounded individual, a happier person who got to experience "the college years" nor should it be, as you put it, someone in a low end job with a college degree. If the community does not get its return on the investment, then, again, the money is better spent elsewhere.

    I gladly pay my taxes each pay period hoping some of my dollars will go towards creating a great engineer when the person would have otherwise been a pawn shop salesman. I want to see the next great teacher, not another gas station cashier. With community money invested, it goes without say........we are seeking a business major who creates jobs for the less fortunate...........not a burger flipper with a college education.

    Any attempt to make education free must be well directed and well intentioned enough to weed out "professional students" and achieve this goal. Right now we don't have that part figured out, so, unfortunately, the next best thing is to go with a utilitarian approach to funding education. Funding people who simply leave a wake of debt is foolish.
    Here would be my proposal: The BOG Waiver, which waives your tuition at least at the community college level, should be extended to everyone. I don't see why we should pay to get someone a car, pay for housing etc. I think that by providing tuition waivers, and then leaving books and supplies (which can be checked out in the library) up to the students it would make a well rounded education available to everyone. I think that even if someone gets an AA and ends up working at a gas station for whatever reason, it is still better than stopping at high school and working at the same gas station.

    It wouldn't be perfect, but I think it would allow people to continue their education, and if they chose to get an advanced degree for the career they want, it can go from there to the university level.
    eriksoln and lindarn like this.
  10. Quote from eriksoln
    Any attempt to make education free must be well directed and well intentioned enough to weed out "professional students" and achieve this goal. Right now we don't have that part figured out, so, unfortunately, the next best thing is to go with a utilitarian approach to funding education. Funding people who simply leave a wake of debt is foolish.
    A mouthful it is I think you said a lot of good things but didn't want to quote everything. I agree if we did have free education for everyone, we would need to weed out professional students. The thing is, you never know what someone will do with a degree until they have it. Will they be the next entrepreneur? Will they be the next person to start a great non-profit? Will they go and join Americorps/Peacecorps/other non-profit and do great things there? Will they be the next great artist? These aren't things that necessarily need a college degree but education could help someone achieve some non-traditional careers. Even if someone gets a degree in a field that does has great career potential, it doesn't mean that they'll do anything with it or even be good in the field. You just never know.

    I also consider myself somewhat of an eternal student. I love school and would like to keep taking classes/studying subjects for as long as possible. When I was in undergrad, I sought out scholarships/grants and did take a small amount of loans which were paid back after a couple years after school. Other schooling has either been paid for by myself or by my work. I am saving massively for nursing school as I won't qualify for financial aid and I have no interest in loans. I think reasonable loans are worth it though because they did help me when I was in undergrad although I didn't live entirely on loans.

    Anyway, I agree with taking out massive loans is crazy. I think some career counseling should be done in high school as well as personal finance. Some loans are ok but there has to be some thought into accepting loans rather than thinking that they'll deal with it later.
    eriksoln and lindarn like this.