http://www.good.is/post/the-cost-of-college/ GOOD Sat, 21 Nov 2009 18:32:16 -0800 http://wordpress.org/?v=2.8.4 hourly 1 http://www.good.is/post/the-cost-of-college/comment-page-1/#comment-55776 The Postindustrialist Sat, 08 Aug 2009 06:05:13 +0000 http://www.good.is/the_cost_of_college#comment-55776 yeah.... not seeing it. I'd say a fair number of people I know with college degrees make less than me and lack on the job experience. Plus college isn't what it used to be. I dropped out because my classes were repetitive of my HS coursework. I visited friends at two other schools and found the experience to be the same.Additionally the college degree is becoming more and more demanded for jobs not traditionally requiring one, such as bank teller, receptionist, clerical work, etc. These are jobs more HS graduates can handle, but the prerequisites are simply set higher.The best thing you can do is start work early, gain experience and work your way up,  and take college course later, when you are more able to decide what you actually want to learn whilst in school. yeah…. not seeing it. I’d say a fair number of people I know with college degrees make less than me and lack on the job experience. Plus college isn’t what it used to be. I dropped out because my classes were repetitive of my HS coursework. I visited friends at two other schools and found the experience to be the same.Additionally the college degree is becoming more and more demanded for jobs not traditionally requiring one, such as bank teller, receptionist, clerical work, etc. These are jobs more HS graduates can handle, but the prerequisites are simply set higher.The best thing you can do is start work early, gain experience and work your way up,  and take college course later, when you are more able to decide what you actually want to learn whilst in school.

]]> http://www.good.is/post/the-cost-of-college/comment-page-1/#comment-55561 _Gabriel_ Tue, 04 Aug 2009 14:04:46 +0000 http://www.good.is/the_cost_of_college#comment-55561 Imagine a company of 5 people: the boss making 75 grand, 3 fulltime workers making 50K, and a part-time janitor making 10K. Only the boss has a degree. The Degree/Nondegree Earnings Ratio is 1.875.Now let's say all three of our fulltime workers get degrees. Their boss is not impressed- in fact, he thinks this was such a stupid idea that he punishes them with a pay cut, so they're only making 45K each now. The Degree/Nondegree Earnings Ratio has now gone UP to 5.25 even though the degrees did absolutely no good at all and in fact caused harm.Conclusion 1: the reported results could be caused entirely by the uninteresting statistical effects of more people getting degrees.Conclusion 2: statistics should be left to the professionals. Imagine a company of 5 people: the boss making 75 grand, 3 fulltime workers making 50K, and a part-time janitor making 10K. Only the boss has a degree. The Degree/Nondegree Earnings Ratio is 1.875.Now let’s say all three of our fulltime workers get degrees. Their boss is not impressed- in fact, he thinks this was such a stupid idea that he punishes them with a pay cut, so they’re only making 45K each now. The Degree/Nondegree Earnings Ratio has now gone UP to 5.25 even though the degrees did absolutely no good at all and in fact caused harm.Conclusion 1: the reported results could be caused entirely by the uninteresting statistical effects of more people getting degrees.Conclusion 2: statistics should be left to the professionals.

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