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Posted: 2/3/2019 9:06:11 PM EDT
[#1]
Quote HistoryQuoted:
Things are changing rapidly. The cost of college is out there of control but demographics is destiny. There will be massive structural changes in the university market over the next decade and many universities will likely fold. The number of enrollees is projected to fall drastically. Colleges face significant enrollment decline My son is at a Texas A&M now pursing his engineering degree. The cost of everything is outrageous and A&M is considered an affordable school. The number of Starbucks cafe's in the buildings and luxury dorms is ridiculous. It won't last and the smaller, less elite schools will be the first to fold (think small state schools). |
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Posted: 2/3/2019 9:24:06 PM EDT
[#2]
Quote HistoryQuoted:
My son is at a Texas A&M now pursing his engineering degree. The cost of everything is outrageous and A&M is considered an affordable school. The number of Starbucks cafe’s in the buildings and luxury dorms is ridiculous. It won’t last and the smaller, less elite schools will be the first to fold (think small state schools). At too many places, the college experience has become too much of a 4-year Premium-Resort stay with a few hours a week of annoying classes. This creates unrealistic expectations for the 22yo new grad when graduation, getting a job, and becoming an adult create a dramatic step DOWN in standard of living by leaving the Pleasure Dome of campus and entering Apartment Life. Now the 22yo new grad is pissed off about being an adult, and is more likely to vote for Free Shit than to be motivated about exerting himself to increase his standard of living. |
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Posted: 2/3/2019 9:26:30 PM EDT
[#3]
Not surprising at all. Make sh*t because middle class jobs went overseas, incur $100k in school debt and flip burgers, stock shelves, wait on tables until you're 65 and your loans are paid off - then you can start saving for retirement. F*ck college.
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Posted: 2/3/2019 9:39:13 PM EDT
[#4]
Quote HistoryQuoted: Gen Z is taking a much harder cost-benefit analysis look than the Millennials did. So are their Gen-X parents. At too many places, the college experience has become too much of a 4-year Premium-Resort stay with a few hours a week of annoying classes. This creates unrealistic expectations for the 22yo new grad when graduation, getting a job, and becoming an adult create a dramatic step DOWN in standard of living by leaving the Pleasure Dome of campus and entering Apartment Life. Now the 22yo new grad is pissed off about being an adult, and is more likely to vote for Free Shit than to be motivated about exerting himself to increase his standard of living.  Failed To Load Title |
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