college debt

Discussion in 'Bad Dog Cafe' started by ndcaster, Mar 13, 2019.

  1. WhatDoIKnow

    WhatDoIKnow Tele-Meister

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    Oh, and I agree with those that say the cost of attendance back in the day is no comparison to what it is now. It was pretty easy for me to test the waters without much long-term financial risk.
     
  2. David Barnett

    David Barnett Doctor of Teleocity

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    And about 80% of the MBA programs.
     
  3. TheGoodTexan

    TheGoodTexan Moderator Staff Member Ad Free Member

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    I've got a family member who started an online MBA program in January of one year... and finished it by that fall. :confused: It was approximately 30 hours... and seemingly meaningless.

    Meanwhile, I'm busting my tail on a 96 hour master of divinity... and my father-in-law comments, "What's taking you so long? Dan finished his masters in less than a year."

    Um... ok.

    That's not to say that all MBAs are worthless... but to your point... the letters "MBA" are not what they once were.
     
  4. eallen

    eallen Tele-Afflicted

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    Their choices were anything with good job potential. It could be blue collar to white collar but in any field with jobs. We simple told them the guidelines and didn't say a word about their degree choice, but would have if it wasn't marketable. They chose marketable jobs in their areas of passion.

    I was a college executive for a few years. Over and over I saw kids passionate about some field with no job prospects, or job prospects not comparable to cost. Kids will spend $100-200 grand on a degree jobs didn't even exit in or will never earn more than $30,000 a year. They just don't know any better and since parents wouldn't put boundaries their kids end up starting life in a whole they can never dig out.

    Eric
     
  5. ndcaster

    ndcaster Poster Extraordinaire Silver Supporter

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    do you have a source for that?
     
  6. Nick Fanis

    Nick Fanis Poster Extraordinaire Ad Free Member

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    Last edited: Mar 15, 2019
  7. ndcaster

    ndcaster Poster Extraordinaire Silver Supporter

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  8. Nick Fanis

    Nick Fanis Poster Extraordinaire Ad Free Member

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    You are welcome,I didn't perceive it as a snark :)

    I will try and find more coherent info and facts for you if you are interested.
     
  9. jman72

    jman72 Tele-Afflicted

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    Absolutely! I don't know why this sentiment is not more widely held.
     
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  10. fenderville50

    fenderville50 TDPRI Member

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    Sent from my A10 using TDPRI mobile app
     
  11. kingofdogs1950

    kingofdogs1950 Tele-Holic

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    An MBA can be valuable.
    My wife got her MBA at Rice University paid for by her employer. This included time off from work for classes/finals/etc.
    She got a $70,000 per year raise to start and promotion to program director in charge of > 1,000 people. She previously had no one reporting to her and didn't even have a secretary. Curious but true.
    She was not eligible for the position without the advanced degree. (Her undergraduate degree was in nutrition - she was a registered dietitian.)
    To be fair, she is really smart and had been tagged for advancement.
    Still, the education was required, and according to her, was a real benefit in her work.
    As an aside, she was interviewed at Rice U. and was accepted pending taking the GMAT. Well... She took the test and scored 0% on the math section, meaning just about everyone who took the GMAT scored better than her. She took it over and scored 13% on the math. Rice took her anyway and she graduated in the top ten percent of her class even with a job, three teenage kids, two dogs and a cat named Frankie. She was the first of her family to go to college and I am very proud of her.

    Mark
     
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  12. MuddyDitch

    MuddyDitch Tele-Holic

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    If I were starting over again I'd pass on college and just ramble around the world taking any job I could get and then moving on. Learn on my own. Collect adventure and experiences.
     
  13. bcorig

    bcorig Tele-Afflicted Silver Supporter

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    Sorry. The issue with the debts incurred, although I’m not directly effected, grieves me greatly. Sorry, I won’t do It again.
    But a post like this can’t deny the underlying Politics.
     
    Last edited: Mar 16, 2019
  14. bcorig

    bcorig Tele-Afflicted Silver Supporter

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