While the net cost of college has been declining due to rising financial aid and steady government funding
...are we just completely ignoring the debt generated by "financial aid"?
this post was submitted on 17 Nov 2024
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Nbcnews linked to a report by the college board, that look like it tracls the relative cost of college all the way back to 1994 - - ten years after Regan's fuckery, and at least 20 yeara too short to show a real drop. And the drop they show is over only about 4 years.
Today's students were raised by a generation who lived through crippling debt, and see no reason not to expect tuition to skyrocket over the nexr few years.
Not to mention "tuition and fees" ignores the absurd cost of housing.
I work in higher education, and I have to say, I think we probably have been pushing it too hard. I want to see everyone have access to tuition-free university education, but I also expect enrollment to decline. I'm an elder Millennial. We were pushed hard that we had to go to college. It was that or work a retail or fast food job. Where I grew up, in white suburbia, trades weren't even seriously discussed among my peer group. My parents were college graduates, and unless I showed some really strong self-interest in a trade particularly early, it was just assumed I would be going to college as well.
College turned out well for me. But I know many in my peer group weren't so lucky. I managed to graduate with a modest amount of debt I was subsequently able to pay off, but I knew many with crippling levels of debt. I work in higher education, and I see many students today with crippling levels of debt.
In my peer group, we were told to go to college, and we did. And some of us found success with our degrees, and some didn't. But now people in my peer group have had to deal with paying student loans while ALSO paying far higher prices for any kind of trade service than our parents did. We have people with masters degrees working as baristas, but now we have to pay out the nose for any kind of plumbing, electrical, HVAC, or carpentry work. There are millions of people in my generation that probably would have been better served with an apprenticeship in the trades than a university diploma.
So yeah, I have no doubt that the parents of today, people my age, are likely having much more nuanced conversations about potential career paths than we received. Are you a 16 year old that likes electrical stuff, but are terrible at and have little interest in math or physics coursework? Are you considering studying electrical engineering? While you might be able to struggle through an electrical engineering degree by the sheer force of grit, you should seriously consider whether being an electrician is a better option. So go study your options. Go learn quite a bit about what the actual day-to-day work of electricians vs electrical engineers looks like. If you decide you hate working on your feet, have zero interest in outdoor or dirty construction work? Well, maybe an electrical engineering degree is worth struggling through. Does the thought of doing office work fill you with dread? Do you love getting your hands dirty? Maybe an electrician is the path for you.
Repeat that conversation across a thousand disciplines, and I think that's the kind of thing that's happening now a lot more than it did for my generation. And I expect it to have a negative impact on college enrollment.
That's on a different spreadsheet. We're looking at the positives.
steady government funding
Until next year. Education, along with everything else, is going to take a hit.
Working-class voters, facing inflation and economic concerns, are shifting toward Republicans, with many bypassing college for well-paying blue-collar jobs.
Seems it's correct that the Democrats have not given the working class what they want to hear. The sad thing is that the Republicans are the last place they should be looking for help. There's of course third party...which after an election still results in two parties actually in in the seats (not) doing stuff.
Good news though, there's no gridlock this time around, so I'm sure Republicans will now shine as they get all sorts of helpful things passed to improve...I'm sorry, to make America GREAT again.
See also the audits conducted by hire-on companies such as rpk Group who destroy academic programs for “budgeting” purposes. This is one example. They’re effectively a bunch of MBAs dictating the funding and courses a school can offer, shifting to a “strategic finance model” which is totally what education is about, of course.
Financial aid debt is way too high but there is a bit of a turnaround in places. Or there was. It may not last past Jan 20
There were millions with student loan debt forgiven or partly forgiven, and several states made public universities partly free.
In our case my ex still has student loan debt. She’s a teacher which ought to get it forgiven, but she consolidated so is no longer qualified. However several of her peers benefitted
My older kid goes to a public university and his first year was free, based on his mom’s income.
Turns out teachers and lecturers really are important for guiding learning to the right lessons..
The higher levels of the indoctrination system are primarily about profiteering off the debt's of young students, exploiting the labor of older students, and owning the lives of those who become employees. The "education" is an optional, sometimes nonexistent sideshow.