(10-14-2014 12:44 PM)bobcat09 Wrote:  In response to the long post. Most kids who enter college have no set career path in mind. They just know have been brought up knowing that they must go to college after high school. College isnt for everyone and luckily high schools are now pushing career tech certifications (LVNs, electricians, A/C & heating, welders, etc) more than they have in the past. Now for those that go to college, they major in something that usually would require a masters to follow but stop at the bachelors so they are stuck with a general bachelors degree. And finally, the kids go to college and get a degree and are searching for a job. They complain that all jobs want experience, but dont know how to get experience. These kids dont know how to pursue internships. Thats how we get the numbers we get.

Another problem is HR offices using college degree as a weed-out in reviewing applications for positions that really shouldn't require a college degree.

There are now law enforcement agencies that require a bachelors and many more where you have little chance of being hired without an associates degree.

Until 40 or 50 years ago many states had "emergency" teacher certification. You could get a five or six year teaching license in many areas of teaching with an associates degree and then you had those added years to get a bachelor's degree. Wasn't uncommon for a person to get an associates, go to work and then while they were working pick up hours at night and over the summer to complete their degree.

Then there are degrees like social work, where there are jobs but the jobs pay very little. Those are needed jobs but paying $60,000 or more to get one makes little sense, there needs to be an alternate training path.

(10-14-2014 02:18 PM)bullitt_60 Wrote:  I doubt if anyone cares and don't know where else to post this but I received my letter stating that my loans were paid in full yesterday! A great birthday present!

congrats

(10-13-2014 09:34 PM)slycat Wrote:  

(10-13-2014 09:32 PM)SkullyMaroo Wrote:  

(10-13-2014 09:25 PM)The4thOption Wrote:  

(10-13-2014 08:39 PM)Tiguar Wrote:  Lots of familiar faces

This is not any sort of dig on any of these programs - so please don't take this the wrong way.

But I wonder if there is any correlation between the average SAT scores of incoming freshman and the rate of loan default?

Line of thought is that if they are having a hard time making the grades, and cant graduate with a degree - Then they are going to have a hard time paying that money back.

Doesn't mean the education is bad at all (in fact could mean the opposite) but I'm wondering if the incoming SAT's are lower at the schools with higher default rates.

Could also have to do with job markets in respective states/areas (which makes UTSA and TXST state more of a head scratcher). There are 4 Ohio schools in top 6. That makes me think the job market is some sort of factor.

Many of the UTSA and TXST students are from the valley in south Texas. Not as many jobs there if they go back home. San Antonio is as strong as the rest of Texas either.

9 or 10% doesnt seem that bad. what is the nationwide percentage of all loans past-due. of course our president has been hinting that us taxpayers will have to pay these loans off for everyone, so maybe some students are holding out to see how that goes..

(10-14-2014 03:57 PM)runamuck Wrote:  

(10-13-2014 09:34 PM)slycat Wrote:  

(10-13-2014 09:32 PM)SkullyMaroo Wrote:  

(10-13-2014 09:25 PM)The4thOption Wrote:  

(10-13-2014 08:39 PM)Tiguar Wrote:  Lots of familiar faces

This is not any sort of dig on any of these programs - so please don't take this the wrong way.

But I wonder if there is any correlation between the average SAT scores of incoming freshman and the rate of loan default?

Line of thought is that if they are having a hard time making the grades, and cant graduate with a degree - Then they are going to have a hard time paying that money back.

Doesn't mean the education is bad at all (in fact could mean the opposite) but I'm wondering if the incoming SAT's are lower at the schools with higher default rates.

Could also have to do with job markets in respective states/areas (which makes UTSA and TXST state more of a head scratcher). There are 4 Ohio schools in top 6. That makes me think the job market is some sort of factor.

Many of the UTSA and TXST students are from the valley in south Texas. Not as many jobs there if they go back home. San Antonio is as strong as the rest of Texas either.

9 or 10% doesnt seem that bad. what is the nationwide percentage of all loans past-due. of course our president has been hinting that us taxpayers will have to pay these loans off for everyone, so maybe some students are holding out to see how that goes..

8.9% for the 650 4 year public universities in the report

(10-14-2014 02:59 PM)arkstfan Wrote:  

(10-14-2014 12:44 PM)bobcat09 Wrote:  In response to the long post. Most kids who enter college have no set career path in mind. They just know have been brought up knowing that they must go to college after high school. College isnt for everyone and luckily high schools are now pushing career tech certifications (LVNs, electricians, A/C & heating, welders, etc) more than they have in the past. Now for those that go to college, they major in something that usually would require a masters to follow but stop at the bachelors so they are stuck with a general bachelors degree. And finally, the kids go to college and get a degree and are searching for a job. They complain that all jobs want experience, but dont know how to get experience. These kids dont know how to pursue internships. Thats how we get the numbers we get.

Another problem is HR offices using college degree as a weed-out in reviewing applications for positions that really shouldn't require a college degree.

There are now law enforcement agencies that require a bachelors and many more where you have little chance of being hired without an associates degree.

Until 40 or 50 years ago many states had "emergency" teacher certification. You could get a five or six year teaching license in many areas of teaching with an associates degree and then you had those added years to get a bachelor's degree. Wasn't uncommon for a person to get an associates, go to work and then while they were working pick up hours at night and over the summer to complete their degree.

Then there are degrees like social work, where there are jobs but the jobs pay very little. Those are needed jobs but paying $60,000 or more to get one makes little sense, there needs to be an alternate training path.

My grandfather started teaching in Mississippi around 1915 with a HS diploma. He continued as a classroom teacher and principal in Mississippi, Arkansas, Oklahoma and Texas for over 40 years before finally getting a BA from Texas Tech, shortly before he retired.

Many other professions were also more knowledge based than education based. Huey Long became an attorney by virtue of passing the bar exam, without ever attending a day of law school. I don't know if he was a good lawyer, but he was a darn good politician.

(10-14-2014 04:39 PM)Vobserver Wrote:  My grandfather started teaching in Mississippi around 1915 with a HS diploma. He continued as a classroom teacher and principal in Mississippi, Arkansas, Oklahoma and Texas for over 40 years before finally getting a BA from Texas Tech, shortly before he retired.

Many other professions were also more knowledge based than education based. Huey Long became an attorney by virtue of passing the bar exam, without ever attending a day of law school. I don't know if he was a good lawyer, but he was a darn good politician.

My grandmother became a teacher with a high school diploma and passing a series of tests.

Traditionally to become an attorney you worked as an intern/apprentice for a lawyer for a few years while studying for the bar exam. I suspect most of them were more equipped to file a complaint and answer and deal with discovery than the modern law school grad who gets very little training in those practical matters.

Too much easy credit to go to college. US society is just now starting to pay the real price for years of this environment.

And we've already been paying part of the price in terms of hugely inflated tuitions.

(10-15-2014 10:58 PM)NuMexAg Wrote:  Too much easy credit to go to college. US society is just now starting to pay the real price for years of this environment.

And we've already been paying part of the price in terms of hugely inflated tuitions.

Bubble.

But, then again, the entire US economy is one giant bubble. The stock market is one giant bubble.

We've been living in financial fantasy land ever since we left the gold standard. It's only in the last 10 years or so that we've really drank the Hemlock in regards to spending, guaranteeing a future collapse of the system.


It will all burst, and people will be forced to live in reality again. I doubt a lot of universities will survive the next depression. It's going to be pretty transformative.

What is the purpose or motivation of this thread?

(10-16-2014 12:39 PM)sarkelcpa Wrote:  What is the purpose or motivation of this thread?

(10-16-2014 12:39 PM)sarkelcpa Wrote:  What is the purpose or motivation of this thread?

Discussion. I don't know. Saw a lot of schools either in the Sun Belt or former Sun Belt members and thought it was relevant. Does that suffice?