What is the value of college education and why?
According to the U.S. government’s National Center for Educational Statistics, tuition fees have increased 33% over the past two decades, from $ 18,992 in 2001-02 to $ 27,357 in 2017-18.
The Manhattan Institute reports that the average tuition and tuition fees for four-year private colleges were $ 36,880 in 2019-2020, an increase of $ 12,990 from 20 years ago. For four-year public colleges, the average annual tuition and tuition fees for 2019-2020 were $ 10,440. Twenty years ago it was only $ 5,270. This is a 100% price increase.
For two-year public colleges, tuition and tuition fees for 2019-2020 averaged $ 3,730, compared to $ 2,540 for 20 years.
This is what it takes. What is it worth?
It depends on many factors. A bachelor’s degree from a reputable university institution can be a lifelong path to a good job. A particularly valuable major degree at any school can be a reliable path to high income. In the other extreme case, spending tens of thousands of dollars to graduate from a lower-quality school in a major that lacks the skills and knowledge needed in a workplace is probably not a good investment. .
One clue that something is very expensive is that when the people selling it try to take your money away from you, they are focusing on something other than a basic product or service. In higher education, school officials can speak poetically about their university experience. More than 300 lawsuits have been filed on behalf of students and parents today for lack of the âcollege experienceâ promised during the COVID-19 shutdown, which is defensive of poetics. Some people have moved.
The turmoil of the COVID-19 pandemic may last deeper and longer in education than in other regions. There are signs that some people may have spent blocking time evaluating all of the options. For example, staff at California community colleges are shocked by new statistics showing that minority students are increasingly choosing commercial colleges over public schools.
The Premier’s Office of California Community College actually produced a public service television commercial to reach out to what they call “underrated students.” An advertisement shows an actress sitting in a college library to convey what one spokesperson called “a common flavor of college life.”
For-profit college tuition costs around $ 16,000 nationwide, well above the cost of community colleges, but private schools are persuading more and more students to enroll. EdSource.org said a source from the California Community College Chancellor’s Office said business people “are doing a good job of taking the administrative burden off students and making their way to educational institutions easier.” He said he admitted.
In other words, non-public schools make admission easier and offer more flexibility. But it’s more than just ease of navigation. Private for-profit universities offer a faster path to focused education and higher returns. They don’t incorporate irrelevant requirements or political content that paying clients don’t want into their curriculum.
Those with no money to spend seem to think that a for-profit college is good value, even though it is 10 times more expensive than a community college.
According to EdSource, community colleges lost 12% of their students this spring, while commercial colleges lost just 1.5%. And in 2020, the number of registrants increased by 3% for business purposes.
In the 2018-19 academic year, nearly 38% of black students transferring to California universities attended business schools. This was twice as many as just two years ago. Native Americans and Pacific Islanders also choose a disproportionate number of business schools.
Community college officials complain that they cannot compete with the smart marketing campaigns of business schools. They also warn that private schools charge high interest on student loans to cover a tuition balance that exceeds what students can receive with financial aid.
However, it is best to suggest that students from undervalued communities cannot judge the value of education offerings from competing institutions. What is really happening is that students vote on their own and not in public schools. It could be a canary in a coal mine in American educational institutions. Perhaps the pandemic has accelerated a shift in the way many people think about the time and money they are supposed to invest in a college degree.
Another generic is the potential impact of changes in the college admissions process. The University of California announced in May that it would abolish the SAT and ACT exams as an admission requirement for new students. This is a change that could apply nationally. Since the admissions process emphasizes steadfast personal characteristics rather than grades and test scores, if some of the top performing students stray from the best schools, multiple types of institutions can step in and these students. Can offer another way to. For a well-paid job.
Stagnant or failing institutions can survive for a long time with an old reputation, but sudden changes in circumstances can lead to permanent shifts in perspective, such as invisible views. There is sex. It may have been a year away from health and classroom fears. Higher education in the United States can turn to math.
Susan Shelley is a columnist and columnist for the Southern California NewsGroup. [email protected] Twitter: @Susan_Shelley
Higher education is on an unsustainable path – Press Telegram Higher education is on an unsustainable path – Press Telegram