College Board approves tuition increases By Richard Lakerlake@clarionledger.com "The state College Board approved increases of up to 5.5 percent today, lower than what six presidents requested."
This stinks! Why should one pay more for what most likely will be a worthless degree? Why not make paying it back contingent on future income? Where in the heck did that statistic come from that says college graduates earn more in their life-time than high school graduates?
Reporter wrote: College Board approves tuition increases By Richard Lakerlake@clarionledger.com "The state College Board approved increases of up to 5.5 percent today, lower than what six presidents requested." This stinks! Why should one pay more for what most likely will be a worthless degree? Why not make paying it back contingent on future income? Where in the heck did that statistic come from that says college graduates earn more in their life-time than high school graduates? Show me the numbers!
And, of course, when I say "paying it back, " the it is students loans that so many of us have taken out to pay for the rising tuition!
This stinks! Why should one pay more for what most likely will be a worthless degree? Why not make paying it back contingent on future income? Where in the heck did that statistic come from that says college graduates earn more in their life-time than high school graduates? Show me the numbers!
"By this logic, the real economic value in a Princeton degree is not the vaunted Princeton education, but in signaling potential employers that you are smart enough to get into Princeton. Actually, attending the classes is irrelevant. A few years back, we even went so far as to speculate that an entrepreneur could build a healthy businesses by charging, say $16,000, to certify qualified high-school graduates as Ivy League material. (See: “ Is Yale A Waste Of Money?”) College-skippers could invest the $144,000 savings and have a nice nest-egg built up by the time they are in their mid-30s. And they could use their formative years between 18 and 22 to learn an actual trade."