Re:US Household Debt Surpasses 2008 High
by cstejerean on Thursday May 18, 2017 @12:10AM
(#14364744)
I think there may be some hidden variables there. For example the kids of a VP at a large company may very well go to Oxford and study philosophy and then get a job at McKinsey, but how much of that was based on the family connections rather than anything to do with the philosophy curriculum at Oxford. And some of those kids get into the ivy schools because their parents went there or made large donations, so again it may have more to do with family and socio-econimic background rather than Ivy League education. If you don't come from the right background I'm not sure that studying philosophy at Oxford is the best move.
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>If you don't come from the right background I'm not sure that studying philosophy at Oxford is the best move.
Worth noting that in the UK until recently cost and university were un-related. Indeed, it's one of the aspects of the modern system that infuriates me. I despise the idea of a bright child choosing a mediocre university to save 2-3k of student debt per annum. I can't believe it's good for the state of society.
It's also worth noting that the terms of student debt in the UK are far far less usurious than in the US.
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> Please avoid introducing classic flamewar topics unless you have something genuinely new to say about them.