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Reading through this thread is somewhat depressing. I was having a conversation with someone the other day about what college admissions and higher education will look like in 20 years. I firmly believe it will be drastically different than now. The current process and cost is not sustainable. I had no idea that many schools dropped standardized testing requirements, did not know that kids were applying to schools completely out of the realm of possibility, etc.
$60-$80k per year for private schools? It’ll be well over $100k in a few years. That’s unreal. At what point does someone say to themselves is there a better investment? What does someone have to make at entry-level, mid-career and at the height of their professional career to justify those costs? What is the likelihood they will reach those numbers? I understand if your going to be an engineer, doctor or lawyer but let’s be real with ourselves not every lawyer or engineer is pulling down outrageous salaries - it depends on a lot of other factors.
We need to have a serious conversation with ourselves of higher education and career paths. There is currently a college for everyone yet we know that college is not for everyone. We know that college graduates are struggling to find jobs and student loan debt is a huge issue. We also have a several shortage of certain types of professions, many that don’t require a 4 year degree. That shortage then leads to higher costs for everyone. We need to advocate for trade schools, but IMO we need to let businesses know that many jobs they hire for require on job training and experience and not a degree.
Downvote away but in general higher education has become nothing more than a money grab.
I would never recommend that someone go into 300,000$ of debt or more for a college degree. SLACs are going to be hammered because of it in the next 20 years. Especially the ones not as highly ranked at the NESCAC schools unless they can start offering more aid.
UConn at 35,000 a year is an absolute steal in comparison, and plenty of kids are going to get aid on top of that. My fiance went to UNC for her undergrad and paid 16k a year with some aid, including room/board/fees. Went to the law school for 20k a year too. She graduated with a law degree from a (vomits) highly ranked school for half the cost of a 4 year degree at NESCAC schools.
I don't think that small class sizes is worth paying 2.5x the cost unless money isn't a concern.