College has become toooooo expensive

[godnodog]

On 6/19/2020 at 10:29 PM, Desertrat56 said:

What year did you start?

2014 was 750euros

2019 was 900euros

tuitions go up slowly in order to be affordable, in 90% of cases you can get the money back when doing IRS taxes

[+Desertrat56]

48 minutes ago, godnodog said:

2014 was 750euros

2019 was 900euros

tuitions go up slowly in order to be affordable, in 90% of cases you can get the money back when doing IRS taxes

The IRS in the U.S. does not give us any way to get money we spent on school back that I know of.  And tuition did a big jump in the 90's and has gone up steadily ever since.

[Tatetopa]

Well here is a thought, maybe the major purpose of college has changed, from educating to validating.  The expense is necessary to provide a hierarchy.

How do you separate a family whose income is $20 million a year from one whose income is $200,000 or one whose income is$ 30,000?  Tuition and endowments.

Education is a commodity that can be had from many sources.

But the name  of an institution is a commodity that they  own and can sell.  It signifies more than education, it indicates status.  A few poor kids might get Harvard diplomas to make us feel good, but for the most part, it is a very costly endeavor.

Does the top status job open up because the kid from Harvard is smarter than the applicant from Penn State or the University of Ohio or because he went to the right school? 

So all the way down the line from most expensive to community college, a student can get an education, but is that the qualification the employer seeks?

Did the applicant get a position because he went to the Wharton school of business and is brilliant or because he went to the Wharton school of business and his daddy is rich and powerful?

[godnodog]

4 hours ago, Desertrat56 said:

The IRS in the U.S. does not give us any way to get money we spent on school back that I know of.  And tuition did a big jump in the 90's and has gone up steadily ever since.

Different perspectives on what social progression / mobility should be.

Its also not a fair system, as according to the law I dont get my tuition money back because I did not have sufficient income to study, but a doctor would get his child tuition back because he made enough contribution in taxes. stupid right. there are plenty of scholarship bur in my case an undiagnosed medical problem made me ineligible to get a scholarship as I kept failing on a specific math course that kept me from graduating my bachelor's degree, fortunately my teacher realized what was going on and watched me in classes and passed me.

Our country has a structural problem that has been fought (right or wrong policies) by sometime socialists governments, other times liberal governments, in order to give our companies more competition power, unfortunately we dont have financial capacity to hold our best and so they migrate mostly  to Germany, France and UK, ita a know little secret here. You would be surprised the amount of portuguese technology is integrated into german tech. thats how good our college education is for the price. its a superb bang for the buck

[Jarocal]

46 minutes ago, godnodog said:

Our country has a structural problem that has been fought (right or wrong policies) by sometime socialists governments, other times liberal governments, in order to give our companies more competition power, unfortunately we dont have financial capacity to hold our best and so they migrate mostly  to Germany, France and UK, ita a know little secret here. You would be surprised the amount of portuguese technology is integrated into german tech.

Maybe the issue is your government does not work cooperatively with industry to encourage a collaborative approach on their part to secure larger market share within the EU and globally. The emigration of your brighter minds to other areas to secure work may be a benefit if they do as many poor immigrants to America and ship home any money earned over the cost of living. A Portuguese engineer living and working in Germany who sends home excess income could be considered a net gain to the Portuguese economy. I know several Cuban immigrants who are legally working here in America and send home the maximum amount allowed to their families still in Cuba.it is a sacrifice and smart strategy on their part to help improve economic opportunities in their own country without directly opposing their government and directly bringing foreign capital into their domestic markets without the strings attached by government courting foreign investors. 

[godnodog]

19 hours ago, Jarocal said:

Maybe the issue is your government does not work cooperatively with industry to encourage a collaborative approach on their part to secure larger market share within the EU and globally. The emigration of your brighter minds to other areas to secure work may be a benefit if they do as many poor immigrants to America and ship home any money earned over the cost of living. A Portuguese engineer living and working in Germany who sends home excess income could be considered a net gain to the Portuguese economy. I know several Cuban immigrants who are legally working here in America and send home the maximum amount allowed to their families still in Cuba.it is a sacrifice and smart strategy on their part to help improve economic opportunities in their own country without directly opposing their government and directly bringing foreign capital into their domestic markets without the strings attached by government courting foreign investors. 

our colleges usually work closely with the industry.

People go to other EU countries because local companies think they are being generous paying slightly above minimum wage. My mom with less education (10years) than me (15years) eaned 2 times more than me, I cannot possibly expect to earn as much as she did, not because she was extremely good at what she did, but because her company policy rewarded loyalty and competence.

I quit my job because my boss paid me minimum wage and decided, that due this pandemic, it was good business to transfer to me fuel costs, I was not in a commission contract, I was on a fixed value, this only ended ended when I threatened to sue him, because he threatened to fire me with legitimate reason, therefor preventing me from getting unemployment benefits, I literally challenged him to challenge me, he caved in and now I am at home but with medium long term better expectations.

Edited June 22, 2020 by godnodog

[Jarocal]

35 minutes ago, godnodog said:

our colleges usually work closely with the industry.

People go to other EU countries because local companies think they are being generous paying slightly above minimum wage. My mom with less education (10years) than me (15years) eaned 2 times more than me, I cannot possibly expect to earn as much as she did, not because she was extremely good at what she did, but because her company policy rewarded loyalty and competence.

I quit my job because my boss paid me minimum wage and decided, that due this pandemic, it was good business to transfer to me fuel costs, I was not in a commission contract, I was on a fixed value, this only ended ended when I threatened to sue him, because he threatened to fire me with legitimate reason, therefor preventing me from getting unemployment benefits, I literally challenged him to challenge me, he caved in and now I am at home but with medium long term better expectations.

My sympathy for your current situation. Labor prices are often viewed by management as an effective means of cost control.

What they are overlooking is the inherent costs accrued by not working toward reduction of variation and moving the output toward the nominal target. It can be argued that 94% of the outcomes seen in a process are a direct result of the capabilities of the process and only 6% the result of the workers.

For some reason management seems to prefer cost reduction aimed at the 6% rather than addressing the costs inherent to the 94% responsible for actual costs. They also tend to cling to shrinking markets instead of focusing on innovation leading to newer expanding markets.

Edited June 22, 2020 by Jarocal