Is College Worth $100,000 A Year?? Insane Pricing...
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- čas přidán 14. 04. 2024
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It's completely not worth it especially for a liberal arts degree. if you are going to end up in Starbucks anyways, might as well go there debt-free! There is too much commercial brain washing in the US.
Before my degree, I was making $13/h wondering when I'll be able to break out of the working poor class. A college degree later, I'm making 6 figure and solidly in the middle class. Is college worth it? Yes. But treat it like a white collar trade school. Learn a skill.
How will I know I'm oppressed without that degree???
@@ayowser01 It's weird that we're on a channel arguing Asian rights and representation and then criticizing liberal arts degrees when literally asian history would be a liberal arts degree. Like the astounding lack of self-awareness
@@rainzerdesuLOL, these liberal arts degree ain't worth much more than toilet paper.
@@madterps economics and policy are both liberal arts degrees. Commenters like you working overtime trying to disprove asians = smart stereotype
For 100k a year those colleges should not be allowed to graduate students until they help every graduate secure a job that pays a live-able wage.
Lmao then they can keep charging them another 100k a year for not graduating
I think the only times where the college you go to matters is if you're planning to be in a field where the expensive colleges have a meaningful alumni network and you plan to utilize it. I'm pretty sure the colleges that charge 100k have this and it's your fault if you pay 100k and then not make use of it. That's pretty much the only point. You're paying for the network not specifically way better professors.
Like Washington University is one of the ones charging near 6 figures and if you go there, the point is you're going into politics and you better be rubbing those elbows with current and former government officials. Like Washington U holds events with secretary of state as the speaker. It has a standing alumni network for Defense, Aerospace, and National Security. If you aren't taking that opportunity, you wasted your time and money.
just go to a coding boot camp, that is the kind of deal those places sometimes give.
In my case, they offered guidance counseling, but I never knew about it. I was too busy surfing and skiing and didn't take college very seriously. Take it seriously and don't party hard.
Have you been in an interview? How does the college get you a job? This statement makes no sense. Colleges have job boards, counselors to help but ultimately it's the student that needs to sell what they can bring to a company.
I'm an engineer at a well established company. I graduated from a local CSU school. During my nearly 10 year old career, no one has ever asked me where I graduated from. I don't know where anyone else I work with graduated from either. All that matters is if you have the skill and knowledge to do the work and if you can deliver on time.
Get as many college credits as you can in high school
Go to a cheap community college to get the basics finished
Then go to a four year
I used to say that smart doesn’t get you into college, smart gets you scholarships
Get grants and scholarships, as many as you can
Biggest takeaway is that you need to get the most out of it. That's it. You go to a "higher prestige" college, you'll more likely befriend "higher prestige" people and you have access to their network.
Most of these people commenting about their success without a college degree is the exception and not the rule. Is $100k a year for college ridiculous? Yes. Should you go to college to put you in the best position to be a well rounded person professionally and personal? Yes. It’s a messed up situation now but I would recommend college for those that want to succeed.
What about booksmart vs streetsmart
a few years ago my nephew went to a decent university in New Jersey for about $35,000 a year. I had no idea the costs have ballooned this much to >$80,000 / year.
Yes, I am CA resident. I transferred to University of Arizona from a community college. Because I was not permanently lived in Arizona, the tuition was very expensive. I didn’t able to continue to get a BS because I was living alone and my family were lived in the Bay Area of CA. I don’t think it’s worth it.
The only comment I really have to make is that, a college education only really matters if the field you want to go into REQUIRES a college degree, just for an entry level position. And there many jobs out there that do. Just look at the help wanted ads online. They will tell you exactly what they require: 4 year college degree, bilingual, possibly even what specific major you need to have for that job. For example, if you want to be an editor at a newspaper or news website, they would prefer you to have an English degree or similar. If you want a job in the media, they are looking for communications background, etc.
But yes, the prices for all higher education has gotten out of control. I recommend the documentary, Ivory Tower, that touches on this exact subject. I argue with people all the time on student loan forgiveness, that if you were a Boomer of Gen X, college was much cheaper back then. It is at least double the cost now than when I went to college in the 1990s, for the same college.
What about skills and experience
Pick a school that you can afford. I had to tell my oldest we couldn't afford the school that she got in, she went to state University and lived at home. Transferred to USC Junior year, kept her grades up and they floated much of her costs. We had college savings but graduating with zero debt is golden. Both my kids have told me this.
Don't be afraid of the expensive college if they well endowed to provide generous colleges. So your research. Local state universities are also good. Community college is good. Do what is right for you.
I'm paying for my son's college tuition and it's painfully expensive. College should not cost as much as a house. Job security for recently college student is like 5%. It's just unbalanced.
I took a $35,000 for my son with in the interest rate of 8%. Talking about you insanity.
Why not just go to community college for 2 years, then transfer to your dream university?! You’ll save 50% off your college cost, and you still get to live at home and mooch off your parents.😂
3:59 bruhh I went to fucking UCR and this was still the case. Like we had to rush like Black Friday to get a fucking basic ass math class or English class for our BREADTH requirements
I’m more of an Associates + 2-Year Certificate kind of guy. It’s still 4 years of education. When I transferred to CSULB, I ended up not getting into the program I wanted, and got stuck with a BA degree that I’m never gonna use.
What program were you trying to do? I went to UW and a lot of people had the same issue of not getting into their preferred majors because of the competitive major system UW has
@@GarbageMan144 Couldn't get in the BFA: Graphic Design program at CSULB (there's a portfolio process and they only allow 20-24 students in per semester)... When you're talking about 60 applicants, maybe 100+ in fall semesters, it's practically a mission doomed to fail. Every major is "impacted" at CSULB. After I got my BA in Studio Art I just went back to Orange Coast College and took Graphic Design classes there. Had I do it all over again I wouldn't have transferred.
@@phill2 I feel it man, I know some people who tried doing computer science at UW and couldn't get accepted, acceptance rate is like 10% unless you get directly admitted out of high school. A lot of them end up transferring to different colleges to study CS or settle for a degree they don't really want to do just to stay at UW
I try to go to college in-state and through community college or through Hawaii or another low-cost country like Japan or Germany to save on tuition.
Higher education in the US used to be subsidized by state governments! But when the push for privatization occurred under Reagan,state governments removed themselves from funding higher Ed. The Us is definitely in decline! Our tax dollars are being send to Israel and they are using those funds to subsidize their higher Ed for their citizens
It’s a damn shame 😒
Short Answer No
Long Answer: Unless if that school has a program you're really interested in that the other schools don't have then i don't see an issue with them paying for it but as a disclaimer they must also acknowledge that any private loans they take out regardless of its interest rate would be all on them.
I'm a believer in student debt forgiveness but only for federal loans taken out for undergrad only. Graduate and Higher that's their problem.
ETA: 12:00 It is and the problem with it is that curriculums can't change as fast because of how fast the trends in the workplace come and go. We are long since passed from paper resumes into digital ones and in person face to face interviewing to one way scripted interviewing. Not including that many companies are now shifting into relying on an ATS to scan resumes.
No. If you have professionals graduating from an Indian, Chinese, or Philippines University paying less than $10k for a 4 year degree in their countries and then coming to America using that IT, Engineering, or Healthcare degree and getting the same paycheck… think twice of what their ROI is compared to an American degree.
If you're being outcompeted in a top tier role by a foreign national, you screwed up and it's not from lack of ROI on an American degree. None of the 100k colleges are rando nothing colleges and all of them have extensive alumni networks like U of Chicago which is a top school for economics. If you paid to go to UofChicago for econ and some random from India outcompeted you on capitalist economics, that's on you and not the college.
Thats madness a three year degree is not worth £100,000. I think in the UK the most it's 9,000 depending on the course and university but 100,000 is exploitation
What you actually learn in college doesn’t even matter. It’s all about whatever name is written on that piece of paper.
Fuck that, just go to CUNY if you're in NY. I literally got paid like 4 grand per year to attend CUNY after financial aid and TAP and now I'm working with people who paid out the nose to go to SUNY or private colleges. Graduated debt free and with money left over. Thanks big brother government.
Hunter college CUNY.
My Japanese language exchange partner went (on a five year fellowship) to the Grad Center of CUNY. He already had two Ph.D.'s, in Logic and Philosophy from Keio University. He was pursuing a third Ph.D., this time in Computer Science, and taught for a time at Brooklyn College.
You can add the University of Miami to the list. We found out tuition will be $93k next year 😭😭😭😭😭. We love the U and Go Canes but the cost ughhhhh. Thank goodness my Cane will be a senior. 🧡💚🙌🏻
For all NYC folk - THIS, right here, is exactly why we shouldn't take CUNY for granted.
If youre not coming out of college making six figures its tough to justify in this economy
Plumbers and electricians are clearing 100k+ nowdays after 4 years of trades schoolung and apprenticeship
Making money doesnt require college
Hell i detail cars on the side and make more than my full time job.
if time is on your side, join the national guard/miltary reserves and use your high school reading skills to look over the fine lines. the offer so many grant federal grants tuition assistance and the GI bill. i owed zero money went to community college and now im working IT
Theres a reason why there's UC and State Universitys. Majority of State is the way to go, especially CSU.
UC is bs, i was admitted to Berkeley for the most competitive major but I cant afford a school that gives 0 financial aid.
I’ll also say
The one stereotype that I like about immigrants is that they know what field they want their children to get into before they go to college.
Students should have a concrete career goal before they spend anything over ten grand on school.
That also means talking to HR or managers in that field to get an idea if they even care what school you go to
& Some companies provide tuition assistance
Is Prestige and reputation worth 100k?
Which colleges produce the highest earners?
Go to 🇨🇦universities kids 😊
McGill 👈
Depends, some companies demand a bachelor's degree or they will not look at you.
$100K per year is insane for regular, normal, non-wealthy families. There’s no incentive for students since it puts them in debt for many years.
Private schools can jack up their tuition as much as they want, but a lot of the elite schools do offer the most generous financial aid and merit-based scholarships. Don't knock the public institutions, though. Schools like Berkeley or Michigan will give you an Ivy-tier education without the inflated price tag. In terms of prestige, it's true that major is somewhat less important. There are Harvard and Stanford grads who majored in underwater basket weaving that land jobs in Silicon Valley and Wall St.
A Big Mac meal in South Carolina (inexpensive state) is now thirteen dollars. College has become expensive because everything else has. My two cents.
Jensen Huang, co-founder and CEO of Nvidia, went to Oregon State University. So a person can make it big without spending a lot on a college education.
Or a public in-state college upgraded from a community college and then a public in-state university to save on tuition.
Eduflation
With the interest rate so high, you won’t be able to paid it off.
If you come from a rich family, then 100k a year won't be an issue. But if you're regular person and your family can't help you pay for college, then 100k is ridiculous. I can't speak for everyone but I dropped out of my 4 year university school, then I attended technical colleges and got diplomas from both schools. I've been making good six figures salary even though I've never got my bachelor degree. And before anyone assumes, I'm currently in tech working in the marketing department. But I've been working "white collar" jobs since I graduated from the two technical colleges.
Go dawgs
Welcome to University. Supreme. America. It’s U.S.A business!
Unless you've secured yourselves scholarships, young Americans should consider leaving USA for more affordable education overseas. Plenty of other countries with higher PISA scores & University rankings anyway. Venturing overseas also forces young people to become more independent, potentially learn a new language and experience a different culture. In Singapore for example :20+ years ago it costed ~18k SGD for an undergrad degree and present day its 33k+ SGD , that's a reasonable growth via natural inflation as opposed to the clearly profit driven education scheme in USA. A 4yr Law degree in Singapore costs ~81K USD + ~ 60K USD living expenses.
Don't know why people don't do the trade route.
Is college worth 100k? It can be. It just depends on how you use your time. Either you have an idea that you could build off of to create a career and use your college time to prepare you to make that idea a reality, or spend your college years identifying other students who have that million dollar idea or seem more likely to jump ahead on their career very quickly and be their best friend so that after college you will have an almost endless supply of job opportunities. Either way your 100k a year investment will be more than worth it. However, if you want to pay 100k a year to party, well, thats on you.
Also, the general sentiment that college isnt worth it anymore is really only because more and more students expect to get paid without doing anything. Just paying tuition and attending classes is not enough to set yourself up for a long career. Its always been that way. You have to go out of your way to make things happen. This is true in and out of college. People need to stop expecting success just because they paid tuition.
My Beautiful Asian Wife (Maya-Minnie-Chu) Is About To Graduate From College On May 19, 2024 In Orlando, Florida.
Community college!!!
Support greed because it's good, it works.
College is not $100,000 and this is coming from someone who spent 10 years in college
the only time people ask about my alma mater is to talk about college sports
You pay for the experience and getting a job that pays enough is just a cherry on top, but not the main goal of college.
That is insane. 😳🤷🏻♀️🤦🏻♀️🙄
College should be free to be honest.
On USC, Wilfred Steven Uytengsu is an alumnus of USC and has a net worth of $230 million. Not a useless rich kid.
Yeah, it depends on the biz. My friend Jim Farley got his Anderson M.B.A. from UCLA and is now the CEO of The Ford Motor Company. Made $26M in 2023.
I graduated debt free
Can we please stop the charade of people “go to college for the education” people go to college to get a leg up above everyone else usually in the terms of wealth and/or status.
In the 1950s-2000s it was about education. But now it’s a business, these colleges owns multimillion dollar patents, merchandise rights from sports, and one of the most important commodities: LAND.
WHEN IT COME TO MONEY, ALMOST EVERYTHING IS SCAMS. 😮😢
If everybody drops out of college, then there will be no doctors, lawyers etc. in the future…. If that’s the case, hopefully your health will not fluctuate.
Then it’s on the United States government to stomp out the greed in the education system.
Coding isn’t easy to learn
That's why it is a real degree.
Outrageous. It’s definitely not worth it.
no
My universities are free, and private cheap. Non american!!!
You want to make money...learn a trade skill.
They are losing out on enrollment from international Chinese students. FAFO
college is for someone who doesn't know what to do with their life, which is the majority.
Third level education in the USA is business / ponzi scheme 😅😅😅
Don't major in useless shit and you should be ok.
lol definitely not, people that didn't even finish college can make that in a few months smh
Is college worth it? Oh, hell no. Get a job after high school. Invest in Vanguard S&P 500 Index Fund. In 50 years, you’ll have more money than some egg-head with a college degree.
But you have to wait 50 years and be pushing 70.
@@xuimod Tom and Tim are twins. After High School Tom goes to college, graduates and has to pay back $100,000 with interest. Tim starts working after graduating from High School. He stays out of debt and He religiously invests part of his salary in the Vanguard S&P 500 Index Fund. By the time Tom and Tim are 68 and ready to retire, Tim will have more money than Tom.
Go to another country
These are mostly Ivy leagues though lol
Sciences maybe but stay away from the woke illiberal arts. Take a trade instead.
Scam flation
Many billionaires drop school because they know it's wasting time.
Only 0.0000000000000005% of dropouts become billionaire tho
@@JohnHausser Your calculation should be from billionaires.
1. No, not most, very few.
2. Those that do, drop out from Ivy League schools.
3. Most of them have mommy and daddy that have money and paid to gave them a head start, plus they can afford to pay for them to drop out of Ivy League schools.
In conclusion, if you barely got into the Ozark mountain community college, you ain't gonna be a dropout billionaire.
Zero billionaires drop out of school without a plan for how to become a billionaire. If you don't know what you're doing, stay in school
If you cannot find a good job from a liberal arts degree or communications degree, it's your own damn fault. You should have gone into STEM or a trade.