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1 in 2 new graduates are jobless or underemployed - Page 7

post #91 of 127
Quote:
Originally Posted by junior varsity View Post


I support a system where house, car, and education should not be financed... With current prices staying the same... It would push a lot of kids to go to trade school so we don't pay $100/hr for a plumber and $80/hr for a car mechanic.
America's over utilization of credit is a major issue. Yes it gives many people opportunities but it's a double edged sword that no one wants to admit.
There should be talent and merit based state provided grants for the genius level kids who are truly gifted
Need based grants should be eliminated and affirmative action should be also diminished.
In my opinion, this is the best way to reform the education system

 

clueless

how can a middle class kid supposed to go to school without a loan?

cost for a good state school 20-25k per year, minimum

how is an 18 year supposed to come up with 100k cash?

 

and how is one to buy a 300k home cash? when they are 50?

 

you have no idea how silly you sound, how arrogent...

the educational system sure as hell has failed you

post #92 of 127
Quote:
Originally Posted by Arthur PE View Post

cost for a good state school 20-25k per year, minimum

Uh....what? If you're out of state, maybe. Otherwise, plenty are ~10k/yr.
post #93 of 127
Quote:
Originally Posted by Gibonius View Post


Uh....what? If you're out of state, maybe. Otherwise, plenty are ~10k/yr.

 

state resident

tuition at PSU is 15k/year fresh/soph 17k jr/sr

fees 1k (activity, IT, etc.) mandatory

room 4 to 6k

meals 4k mid-level (mandatory with on campus room)

 

24k to 28k


Edited by Arthur PE - 5/28/12 at 4:43pm
post #94 of 127

Cal U (small state school), lower tier

 

state resident

tuition 7k

fees 1k

room 6-8k

meals 3-5k

 

17k to 21k

post #95 of 127

U of Pittsburgh, state associated/partially funded school

 

state resident

tuition 15-17k depending on major

fees 1k

room 5-6k

meals 3.5-5k

 

24 to 29k

 

none include books

laundry

etc.

post #96 of 127
post #97 of 127

 

public/state, resident

avg $21,447

 

funny how room/board is consistent, 2 year, state, private

and these numbers do not include incidentals

 

I went to Pitt, tuition, room & board were only 3k, now is 26k

using an inflation calculator should be 12k, so education has grown at twice the rate of inflation

so has healthcare, or more

post #98 of 127
Quote:
• Recent increases in federal grants and tax benefits raised average total aid above the average tuition price of community colleges. Thus, the typical community college student got the cost of tuition and most textbooks fully covered.

• Fewer than 12% of private college students pay those schools' high sticker prices. Fully 88% of all freshmen at private universities received scholarships to reduce their costs, according to a recent survey by the National Association of College and University Business Officers. Private college students receive, on average, $15,530 in scholarships and federal tax benefits, reducing their average net cost to $26,700, the College Board found.

• Fewer than half of all public university students pay the full sticker price to attend. Federal surveys show at least 52% of all students at public four-year universities receive scholarships or grants. Aid, not counting loans or campus jobs, brought the net tuition paid by the average student at a typical public university to about $2,500, the College Board estimates. That brings the total average net cost of a year on campus (including dorm, books, travel and living expenses) to $11,400.
post #99 of 127
Quote:
Originally Posted by Bhowie View Post

Quote:
• Recent increases in federal grants and tax benefits raised average total aid above the average tuition price of community colleges. Thus, the typical community college student got the cost of tuition and most textbooks fully covered.
• Fewer than 12% of private college students pay those schools' high sticker prices. Fully 88% of all freshmen at private universities received scholarships to reduce their costs, according to a recent survey by the National Association of College and University Business Officers. Private college students receive, on average, $15,530 in scholarships and federal tax benefits, reducing their average net cost to $26,700, the College Board found.
• Fewer than half of all public university students pay the full sticker price to attend. Federal surveys show at least 52% of all students at public four-year universities receive scholarships or grants. Aid, not counting loans or campus jobs, brought the net tuition paid by the average student at a typical public university to about $2,500, the College Board estimates. That brings the total average net cost of a year on campus (including dorm, books, travel and living expenses) to $11,400.

 

average

state school

1/2 got aid. 1/2 did not

so 1/2 paid the full price

avg tuition drops from 21k to 11k or ~50%

 

since the avg household income is ~50k

I'm guessing the 1/2 that got the aid are <50k, and got most of the aid

that means a family making more than 50k got much less, if any aid (the upper half)

either that or the poor do not go to college

if they do, the bottom 25% get most ALL the aid, and go for free, and those above very little

post #100 of 127
That cost isn't average tuition, it's average total cost. The average for tuition alone at a public school is "only" $8200.
post #101 of 127
Quote:
Originally Posted by Gibonius View Post

That cost isn't average tuition, it's average total cost. The average for tuition alone at a public school is "only" $8200.

 

average total cost is 21k

when aid is factored in the avg drops to 11k

but only 1/2 get aid

so the 1/2 that gets it, gets almost all of it, and the 1/2 that doesn't, gets none and pays the 21k

post #102 of 127
Quote:
Originally Posted by Arthur PE View Post

 

clueless

how can a middle class kid supposed to go to school without a loan?

 

 

Getting a full ride scholarship to a well ranked university worked for me.

post #103 of 127
Well let's put this to the test. Will have my undergrad in finance finished in a month and started sending out resumes today. Have 5 years of business experience in transportation engineering writing government approved traffic analyses so my work experience is far superior than most all other graduates. We'll see if that works in my favor. We'll see how that job hunt goes....
post #104 of 127
It's timing luck and hard work, duh. I graduated from a state school (UTexas) in 2001 with a BS in biology. Not exactly a clear career path but certainly a technical degree that I worked hard to get. I got on easily with a pharma company in sales (they were hiring anybody back then). Fast forward 9 years I make a very comfortable living having been promoted. Someone with my background could not have gotten my career path if they graduated now.
post #105 of 127
Quote:
Originally Posted by BDC2823 View Post

Well let's put this to the test. Will have my undergrad in finance finished in a month and started sending out resumes today. Have 5 years of business experience in transportation engineering writing government approved traffic analyses so my work experience is far superior than most all other graduates. We'll see if that works in my favor. We'll see how that job hunt goes....

Work those connections like a streetwalker trying to make quota, because blindly sending out resumes is a suckers game.
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