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This is why millennials will never grow up

Carjosse said:
I never said anything about a high degree skill but it does require skill. A skill sadly many people and new graduates lack.
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A quality business management system should be user friendly, with features that are intuitive to the operator. The more complex the systems, the less valuable they are due to turn over, and personnel advancement.

It's been my experience, having used such systems for years, the initial integration works reasonably well, because the vendor personnel are on site to train, etc.. Over time, people move around, some features are forgotten, and then the system shrinks down to it's basic form, with few people remembering, or even knowing how to tap into the full potential of the systems. Perhaps this is what you are referring to, and I don't see how this will ever change.
 
Carjosse said:
Should public schools not be operated in the interest of the public? You cannot do anything about private schools but the government can control the costs of public schools.
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Really?

The amount varies from one case to another. But the estimated cost of attending four years at West Point is estimated at $200,000-$250,000.
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Army wants outspoken West Point cadet to pay up - U.S. News

momof3boyz: The GAO issued a report in September 2003 (publication GAO-03-1000) on Military Education and gave the following cost per graduate for the Fiscal year 2002:

USMA: $349,327
USNA: $275,001
USAFA: $322,750

This cost was the total operating cost of the academy devided by the number of graduates.
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Estimated Cost of a West Point Education? - College Confidential
 
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ocean515 said:
A quality business management system should be user friendly, with features that are intuitive to the operator. The more complex the systems, the less valuable they are due to turn over, and personnel advancement.

It's been my experience, having used such systems for years, the initial integration works reasonably well, because the vendor personnel are on site to train, etc.. Over time, people move around, some features are forgotten, and then the system shrinks down to it's basic form, with few people remembering, or even knowing how to tap into the full potential of the systems. Perhaps this is what you are referring to, and I don't see how this will ever change.
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What you just described is a common problem with a bad implementation in the long-term. However it is also common for an implementation to fail in the short-term due to failure to train at all, inadequate training, simple refusal to learn the new technology, bad or no customization. If we teach people how these programs work before they even enter the workforce those problems become less of an issue and require less training.
 
countryboy said:
Most universities in America are privately owned. Are they not?
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If you mean by sheer number then yes but I believe that a majority of students actually attend public institutions like the University of California system. Also setting limits would push more people into the public system as it would be substantially cheaper.
 
Cephus said:
And there are majors that specifically lead to that. Gender studies is not that major.



Take classes that get them ready for a career? Going tens of thousands of dollars into debt and coming out with a worthless piece of paper that doesn't help them get a job, then they sit around and whine about it... you figure it out.
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so what classes would those be that get them ready for a career?
 
_Sal said:
so what classes would those be that get them ready for a career?
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I would assume for a social worker some psychology courses, conflict management, things of that nature. So a psychology major would probably be the best option. Gender studies is quite literally useless.
 
Carjosse said:
There is your problem, if you knocked down the in-state rate there is a lot of your problem solved.
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WTF? The way it is "knocked down" now is simply using tax revenue to pay UT the difference. The cost is still over $50K/year. To really reduce the costs you would have to pay UT teaching and support staff less meaning that many (most?) would leave to take to better paying jobs and you would get the dregs that can't get other work to replace them.

https://sp.austin.utexas.edu/sites/ut/rpt/Documents/IMA_FS_AvgFacSalColRankEXP_2013_AY.pdf
 
_Sal said:
now women's studies I have heard of but thought of that more as a degree moving towards teachers college...and then of course teaching
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How? What class could you possibly teach with a women's study degree?
 
ttwtt78640 said:
WTF? The way it is "knocked down" now is simply using tax revenue to pay UT the difference. The cost is still over $50K/year. To really reduce the costs you would have to pay UT teaching and support staff less meaning that many (most?) would leave to take to better paying jobs and you would get the dregs that can't get other work to replace them.

https://sp.austin.utexas.edu/sites/ut/rpt/Documents/IMA_FS_AvgFacSalColRankEXP_2013_AY.pdf
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Exactly you shift the cost to the public sector where it is more bearable and can be spread out among far more people, instead of having one Texan in massive debt for the foreseeable future the cost is instead spread over 22 million people including that person who cans spend more on stuff and generate more revenue.
 
Carjosse said:
Exactly you shift the cost to the public sector where it is more bearable and can be spread out among far more people, instead of having one Texan in massive debt for the foreseeable future the cost is instead spread over 22 million people including that person who cans spend more on stuff and generate more revenue.
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That does not reduce or control the cost - it simply shifts who MUST pay it.

A hamburger still costs $2 whether you have one person or twenty people paying for the price of that sandwich.

The price control problem becomes even worse with taxpayer subsidy - if one person gets the bill then raising the price of the burger to $3 may reduce your sales but if twenty are paying for that sandwich then it only went up by five cents for each who MUST pay that burger tax. ;)
 
ttwtt78640 said:
That does not reduce or control the cost - it simply shifts who MUST pay it.

A hamburger still costs $2 whether you have one person or twenty people paying for the price of that sandwich.

The price control problem becomes even worse with taxpayer subsidy - if one person gets the bill then raising the price of the burger to $3 may reduce your sales but if twenty are paying for that sandwich then it only went up by five cents for each who MUST pay that burger tax. ;)
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By spreading it among the rest of society it creates a net benefit to society. It helps to not have people start their adult lives with a negative net worth. A loan of 50k + interest could instead be used to put a down payment on a house, purchase a car, you know stuff, the thing that keeps the economy going. You can enable that by having the government only pay 50k, no interest, and that person becomes a tax paying productive member of society and can instead use that money in the consumer economy and pay taxes. A college-educated individual is by and large a net benefit to society. It might also make legislators think about where the money actually goes, more money for actual education and less for stupid football stadiums.
 
Carjosse said:
Cannot really be done anymore. We have to rely on things like internships during the summer or the co-op programs. I will finish my degree with 1 year of relevant work experience, that is more than what a lot of people can say.
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Oh, it can be done, but not when you have regressive idiots going to school and then complaining that their schoolwork gets in the way of their protesting.
 
Carjosse said:
How? What class could you possibly teach with a women's study degree?
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Women's studies? Pointless, I know, but the crazy feminists have to have something to do.
 
Cephus said:
That might be the case there, not so much here. I mean I started working at age 16, I put myself through college, never had a loan, paid everything out of my own pocket, was never in debt and by the time I had my first degree, I also had a lot of work experience and was making a ton of money.

Today, that just doesn't happen very often.
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I'm going to one of, if not the cheapest universities in Georgia, and that's barely even theoretically possible for most people attending the school. I'm in the cheapest dorm in the cheapest university with the cheapest class list possible, and if you don't factor in the costs of gas, toilet paper and other expenses of everyday life, I would have about three grand left over from a full-time, entry level job. Depending on how far you have to drive to maintain that job, you won't even have enough gas money to cover a third of the year, especially if you can't afford some super- efficient vehicle or have to drive a work truck.

I'm going to drop out in spring semester to work for a year before I go any further in getting my degree, because I'll be damned before I take another ****ing loan out.
 
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Celebrity said:
The cost of attending college is growing faster than inflation. Most of this cost comes from the cost of tuition. Tuition can range from under $9,500 at a public college, to over $35,000 at a private college. It doesn't stop there, since many courses also have fees, in addition. The cost is often deferred by people who want to buy something, but don't have cash on hand with student loans. Americans owe $1.3 Trillion in student loan debt, and like the mortgage nonpayment that triggered the housing crisis, it's possible this debt could become severely delinquent. According to studentloanhero, only $6.2 billion was borrowed in the 2012-2013 year, up from $5.5 billion the previous year. About 11% of the overall debt is delinquent.

You could say this is a growing industry. But where previous generations erred, millennials are very cautious when it comes to taking on more debt. I recently saw the video from The Wall Street Journal, below. The video is from last August, almost a year ago.


If you read the following article from Marketwatch, you will get a similar impression of the effect of student loan debt on "reaching milestones" in the eyes of millenials. What steps should we take to make sure that we don't ruin another industry because of lending to people who can't pay back their debt?

This is why millennials will never grow up - MarketWatch
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The easy answer to fix this is, don't go to school unless you need a highly technical education.
Otherwise it's a largely useless exercise and a total drag on our economy.
 
Harry Guerrilla said:
The easy answer to fix this is, don't go to school unless you need a highly technical education.
Otherwise it's a largely useless exercise and a total drag on our economy.
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I can't even get a minimum wage job standing behind the desk at my local library without a four-year degree.
 
Jesse Booth said:
I can't even get a minimum wage job standing behind the desk at my local library without a four-year degree.
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Depends on what you want to do in life.
I've got guys working for me fresh out of high school, making more than $10/hr, once hired on (90 days) they'll be making over $12/hr plus bennies.

A job is a job, it's not an end but a means.
I think people should stop trying to get these quasi prestige jobs and just find a way to be happy.

Just goes to show what the real value of an education is for most jobs, Hint: nothing.
 
Harry Guerrilla said:
Depends on what you want to do in life.
I've got guys working for me fresh out of high school, making more than $10/hr, once hired on (90 days) they'll be making over $12/hr plus bennies.

A job is a job, it's not an end but a means.
I think people should stop trying to get these quasi prestige jobs and just find a way to be happy.

Just goes to show what the real value of an education is for most jobs, Hint: nothing.
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What industry are you involved in?
 
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