Re:More Students Are Turning Away from College and Toward Ap...
by blululu on Saturday March 18, 2023 @09:29PM
(#35215052)
15 years is a long time when college tuitions rise by ~10% a year. 6 figure debt is more common than you would like.
As for the connection between wealth and university, I would suggest looking at the stats on income and education. You can frequently find them in the admissions literature. Schools/departments brag about favorable career outcomes when selling their services to 17 year olds.
Re:More Students Are Turning Away from College and Toward Ap...
by kevviiinn on Monday March 20, 2023 @09:15PM
(#35241309)
As someone currently doing a PhD, it really isn't that common to see 6 figure student debt. 5 figure yes but that has a range of 10k-99k. Most other students I've spoken to are around 10-30 so I'm not sure where OP is getting their numbers from
Tbh I haven't run into a single person with 6 figure debt who didn't go to law or medical school
As somebody with a PhD, I say ho hum. I only took on 5 figures of debt, after quitting tech after the "dot com bubble." I had been bored out of my skull with the monotony and lack of intellectual challenge. But 7 figures of opportunity cost? Maybe even more, if I had joined the right startup. But I moved from low tech to high tech, using my degree in industry. Money is nice, sure, and can solve some problems in life. But real value is satisfaction. It doesn't have a price tag. There isn't a number of digits that would make me reconsider my choice.
If your primary measure of success is wealth, then university has never been the answer.