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Re:US college enrollments are falling, except for graduate d... by michaelt on Tuesday September 29, 2020 @10:18AM (#24628109)
That's because college-as-increasing-earnings-potential is the simplest way to rationalise taking on a lifetime of debt.

Spending $100,000 to boost your income by $20,000 per year for life is a very simple argument.

On the other hand, to argue a manual labourer with a $100,000 philosophy degree that didn't boost their income at all had nonetheless made a good investment requires much more complex arguments about the nature of human happiness and the inherent value of knowledge to the individual and society. Which in turn leads to a wealth of follow-on questions which can't be answered with any finality.

Re:US college enrollments are falling, except for graduate d... by 6gvONxR4sf7o on Tuesday September 29, 2020 @12:45PM (#24630043)
Consider knowledge as a strict tradeoff against things like interesting vacations and buying a house N years earlier, and it's genuinely tricky. Would you trade buying a house at 30 with less knowledge of liberal arts for buying a house at 40 and knowing a BS worth of liberal arts?

Luckily (unluckily) the decision is easier because to buy a house at 30, you likely need the degree too, so the question is flipped.

Re:US college enrollments are falling, except for graduate d... by malandrew on Tuesday September 29, 2020 @02:03PM (#24631005)
Philosophy majors are about the only humanities major with a marketable skill: actual skills in critical thinking and not largely an illusion of critical thinking

As such they do better financially than other humanities majors:

https://www.theatlantic.com/notes/2015/09/philosophy-majors-...

Re:US college enrollments are falling, except for graduate d... by dantheman on Tuesday September 29, 2020 @03:08PM (#24631696)
Yeah, I mean I'd say that a philosophy degree shouldn't cost 100k and that's the problem.