For many, many years, most colleges and universities around the country have emphasized the importance of “a well-rounded liberal arts education.” It’s this kind of educational path that requires students to take courses and accumulate credits from a wide range of disciplines—including humanities, communication, math, science and technology, social science, and more. These credit requirements—usually referred to as “General Education” requirements, or Gen-Eds—form the backbone of a student’s college education at many U.S. institutions of higher learning. The question is, are these schools that preach versatility and “well-rounded” education giving students the tools they need to succeed in the modern workplace?
[Read more…]Why Does Attending College Involve an Opportunity Cost?
A high school graduation is a significant milestone in many lives, and it often coincides with a young person beginning the final transition into adulthood. In the past, what that meant differed for many people. Today, however, the predominant path involves immediate entrance into college. Many high school students spend their senior years in a chaotic rush of college and scholarship applications, after all. Despite the growing real cost of studying in a university, attendance rates continue to increase. The explanation often goes that earning a degree ostensibly makes one more valuable as an employee, so the tuition, fees, and other associated costs are a justifiable expense.
[Read more…]Is the Cost of College Too High?
Check in with a high school senior early in the school year, and you’ll find many of them doing two things: fretting about college decisions, and worrying over scholarship applications. Many students receive heavy encouragement to apply for as many scholarships as possible — why is that? The reality is that rising tuition and material costs associated with college continue to increase the financial hurdles facing students. The conventional wisdom, though, is that a college degree is worth the effort and the cash. Is that true? Do the end results justify the current price tags, or is the cost of college too high when compared with its potential benefits? A careful look at the facts shows that circumstances profoundly influence the answer.
College grads are sad at work too!
It is part of the dream. The ideal that colleges sell to us. Not only will you graduate from college with a degree but you will also find a job that you love. The theory is that there is a vocation that suits all of us. We all have exclusive talents or passions for certain careers and college supports us in nurturing those talents to an employable level.
[Read more…]Where is the money after college?
Money. It is never something we really give much thought to when we are young, ambitious and adventurous. We decide our major based on what we love doing and what we are good at – have a knack for. But, what if our romanticised view of our career path takes a severe battering, when it comes to money, just based on that single choice? What we study at college has the potential to reduce or increase our projected income by more than 300%.
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