....and until we change the way high schools are structured and funded, this concept is foreign to them. I can't say how disappointed I am in the public education process in the State of Kentucky. We continue to measure our schools by the scores of standardized tests that ultimately mean nothing to the education and training of our future workforce.

 

As I have said before: when schools only have those running them that have only been in school, it's very difficult to know what goes on outside the gates.

 

How in the world can we prepare our future for the world, when we have instructors and institutions that have no clue what it's about ?

 

This is a great post my friend.

 

Most degrees could be cut by at least 50% in required classes. Degrees need to stress core classes to prepare you for the workforce asap.

 

Schools continue to drag degrees out thus running up costs.

 

Some of my best college came at a community college taught by a teacher who moonlighted from his real job. Much more practical experience.

 

If your judging your life by financial success, my tip is to drop out of college asap, its simply not a guarantee to wealth.

This is a great post my friend.

 

Most degrees could be cut by at least 50% in required classes. Degrees need to stress core classes to prepare you for the workforce asap.

 

Schools continue to drag degrees out thus running up costs.

 

Some of my best college came at a community college taught by a teacher who moonlighted from his real job. Much more practical experience.

 

If your judging your life by financial success, my tip is to drop out of college asap, its simply not a guarantee to wealth.

Disagree somewhat. I took philosophy, theology and other classes that I do not use in my daily job. However, these classes helped me to increase my critical thinking skills.

The Value or usefulness of a college education has been reduced down to that of a piece of paper BECAUSE everyone (for the most part) today goes to college. Just think of how little it would mean if it was free and literally everyone went. There would be no barriers to entry, the job market would become saturated, the value of the worker would decrease( readily accessible interchangeable labor) along with wage. Having a barrier to entry isn't a bad thing. If you cant afford something, don't buy it. The stigmatization in society today is that you have to have a college degree and go on to work at some mega corporation and get rich, and that just simply isn't the reality. Until students start realizing that wealth and success can be achieved through other methods, we will continue to have this problem.

 

I also think the blood thirst for wealth, driven by our obsession with materialism promoted by "celebrities" is a huge part of the problem. There is a difference between being able to afford something, and being able to afford something through financing. I have been, and am currently being, frequently instructed to avoid financing and loans whenever possible. There are obvious exceptions, such as a house, but financing non essential luxury items is just stupid. Only buy what you can afford.

 

Best post of thread.

 

My four year degree is tucked away in a box somewhere and listed on my LinkedIn profile. It's a nice accomplishment but certainly not a necessity in today's society.

 

Kids are pushed to colleges with no guidance or clue what they want to do. They just keep hearing it's what you need to do. I think kids should take a 1 yr period after High School where they actually learn about the real world, travel, work, be mentored, see what your options are out there. They are programmed to enroll in college, make sure you register and gain acceptance before your Sr yr in HS. Most kids have no clue what they want to do at that age.

Best post of thread.

 

My four year degree is tucked away in a box somewhere and listed on my LinkedIn profile. It's a nice accomplishment but certainly not a necessity in today's society.

If you want a shot at a decent job in corporate America it is not only a necessity, it is a must. A masters is now the degree that sets you apart. Can't tell you the last person at my company that had been hired without a masters. Fortune 500 company and ranked in Forbes top 100 companies to work for. They pick and choose the schools they want kids from as well. Tried to get my kid an internship and they only wanted kids in a masters program.

If you want a shot at a decent job in corporate America it is not only a necessity, it is a must. A masters is now the degree that sets you apart. Can't tell you the last person at my company that had been hired without a masters. Fortune 500 company and ranked in Forbes top 100 companies to work for. They pick and choose the schools they want kids from as well. Tried to get my kid an internship and they only wanted kids in a masters program.

 

Keywords If and Corporate America....I know some of the best sales guys selling technology who do not have a degree but are high level executives.

 

If being in a Corporate environment is what you long for then you probably should go ahead and get it out of the way.

Keywords If and Corporate America....I know some of the best sales guys selling technology who do not have a degree but are high level executives.

 

If being in a Corporate environment is what you long for then you probably should go ahead and get it out of the way.

 

Exactly where I was going with my comments. Not a fan of sales needing the degrees but some are. coworker was due for a promo and they denied do to lack of Masters. He got his masters and got his promo!

i got lucky to get in 20 years ago. I got in due to my prior experience and the fact I had a BS. a New sales rep now must have his masters.

I'd take a guy in the trenches versus on guy that comes in with an "in theory only" back ground.

Maybe we should re-title this thread..."US Marshals serve Warrant" or "The Value of a College Degree" either would be more accurate to the thread than the current title.

Why don't one of you start a thread about the Value of a College Degree

Maybe we should re-title this thread..."US Marshals serve Warrant" or "The Value of a College Degree" either would be more accurate to the thread than the current title.

 

US Marshals do what they do every day...

This is a great post my friend.

 

Most degrees could be cut by at least 50% in required classes. Degrees need to stress core classes to prepare you for the workforce asap.

 

Schools continue to drag degrees out thus running up costs.

 

Some of my best college came at a community college taught by a teacher who moonlighted from his real job. Much more practical experience.

 

If your judging your life by financial success, my tip is to drop out of college asap, its simply not a guarantee to wealth.

 

A very economical path for those wanting a 4 year degree is two years at a community college followed by 2 years at a university.

 

I too believe that the education found in a community college where the teacher has actual real world experience can be every bit or more beneficial than the garbage often spewed out in our 4 year universities by people who have never left academia.

He ignored multiple court orders, can't do that. Makes sense now. You don't ignore court or IRS notices and remain unscathed.

This all goes back to my original issue with the government being involved in the student loan business. Do they issue court orders and warrants if I'm late on credit card or mortgage or rent payment ?

 

Student loans is the governments number 1 racket.

 

I think some on here get to defensive to defend law enforcement . I don't have a problem with law enforcement following orders, that us their job. I have a problem with the system that puts law enforcement in this position.

This all goes back to my original issue with the government being involved in the student loan business. Do they issue court orders and warrants if I'm late on credit card or mortgage or rent payment ?

 

Student loans is the governments number 1 racket.

 

I think some on here get to defensive to defend law enforcement . I don't have a problem with law enforcement following orders, that us their job. I have a problem with the system that puts law enforcement in this position.

 

It's not necessarily defending law enforcement and disagreeing with what you are saying. However, when people make it seem like the U.S. marshals busted in with guns drawn ONLY because this guy didn't pay his loans, that needs to be corrected if it's wrong.

This all goes back to my original issue with the government being involved in the student loan business. Do they issue court orders and warrants if I'm late on credit card or mortgage or rent payment ?

 

Student loans is the governments number 1 racket.

 

It is now one of the government's biggest rackets. Perhaps the biggest. And it’s one of President Obama’s biggest failed promises. Conservatives would surely call it a ‘lie’ though I personally call it a bait and switch.

 

I posted on this topic before because student borrowers are paying more now in fees and interest than they did in the previous private/federal combined program (when private lenders and the federal government competed for student loans).

 

The big promise from President Obama was that most of the money saved from the private student loan subsidies would increase Pell Grant expenditures. Free money to qualifying students. This ‘promise’ is still on the Obamacare Facts web site.

 

Not only has the Obama administration NOT expanded Pell Grant expenditures, they’ve actually reduced them.

 

The irony is that President Bush significantly expanded Pell Grant expenditures during his presidency and beyond. Yes, and beyond. One of the few great things that Bush did.

 

When President Bush entered office annual expenditures were $10 billion. When he left office they were $20 billion and rising. The 2007 College Cost Reduction & Access Act lowered subsidies to private lenders with the offset being an increase to free Pell Grant money for low-moderate income students.

 

From a Washington Post article dated 9/29/07 –

 

“President Bush signed into law yesterday a student loan bill that will provide more than $20 billion in federal aid to college students and is being likened to the G.I. Bill, which helped millions of World War II veterans attend college.

 

The law, which received overwhelming bipartisan support in Congress, will slash federal subsidies to private loan companies and increase grants for students. It will gradually reduce interest rates on federally subsidized loans for low-income students to 3.4 percent over five years. The law will also offer loan forgiveness for those who have held public service jobs for 10 years and will cap payments on federal loans at a certain percentage of a college graduate's income.

 

But as Bush signed the bill, he suggested that it is not perfect. "This bill makes some spending commitments that aren't paid for yet, and I look forward to working with the Congress to ensure Pell Grant increases that are not fully funded in this bill are paid for with offsets in other areas."

 

This was a great thing for students. It raised the income limits to qualify for a max Pell Grant. It expanded the number of eligible semesters students could qualify for Pell Grants (from 12 to 18). It scheduled regular increases in the Pell Grant expenditures from the savings the government would get from paying lenders less.

 

If you look at annual Pell Grant expenditures, it shot up to $33 billion for the 2009-2010 year and again to $39 billion for the 2010-2011 year. The combination of expanded eligibility from the 2007 law and poor economy driving lower incomes caused this huge increase in Pell Grant expenditures.

 

The Student Aid & Fiscal Responsibility Act was signed into law by President Obama in the summer of 2010 and the 2010-2011 school year was the first affected by eliminating private lenders from government-backed student loan originations.

 

So in 2011 the Federal government would have started seeing its first savings in the student loan subsidies. So we would have expected to see expanded Pell Grant expenditures starting in 2011.

 

What happened? Expenditures dropped back to $33B in 2011-2012, and continued to drop each year to finally hit $30B for the 2014-15 school year.

 

From the liberal Brookings Institute analysis of the Pell Grant market:

 

“The big spike in Pell expenditures around 2009 was due to three factors. First, the start of the Great Recession both induced more students to enroll in college and resulted in more students with financial need who met the Pell Grant eligibility criteria. Second, changes to federal laws that took effect in 2009-10 increased the maximum Pell Grant by over $600 and allowed more students to automatically qualify for the maximum Pell Grant by increasing the income threshold (from $20,000 to $30,000) for an automatic zero expected family contribution. Third, students were allowed to receive a Pell Grant on a year-round basis instead of just two semesters during the academic year, driving up short-term costs but potentially helping students complete their studies quicker.

 

In 2011, the year-round Pell provision was repealed and the income threshold for an automatic zero EFC dropped to $23,000 as cost-saving measures.”

 

So Obama and congressional democrats not only didn’t expand Pell Grants but reversed savings that President Bush signed into law which actually reduced Pell Grant expenditures so they could spend the subsidy savings elsewhere. So students and families got double screwed by the government taking over student loans.

 

So where did all the billions in savings go? It was promised to go to expanding Pell Grants. In case you don’t know, Pell Grants are financial aid from the US government to assist low to moderate income families. Your income must be below certain thresholds to qualify. So money designated for poorer students to be able to attend college was cut…the opposite of the President’s campaign promise.

 

Bait and switch.

 

I say again, where did all the billions in savings go?

 

So what should be a huge scandal is being ignored by the main stream media of course.