Insanely high grad school tuition
A graduate degree from a big-name school can pay off in the long run. The brand-name diplomas, however, come at a high price: more than $100,000 a year at some of the priciest schools.
VIDEO ON MSN MONEY
To quote Judge Smails from "Caddyshack":
"The world needs ditch diggers too."
All kidding aside, going to college is a great thing and there's no argument that the more educated you are the more money you're likely to make. However, too many students are being pushed toward college (many of whom don't have the desire or the wherewithal for it and end up dropping out) and there simply aren't enough jobs befitting their education level available to them when they graduate. What's needed is a network of trade schools similar to what they have in Europe, where students are steered towards vocational courses that give them the skills for well-paying jobs that don't require a college or post-graduate degree. The problem with the U.S. education system is that once a kid gets to high school he's told "College or bust." It's either go on to college or enter the work force with no vocational skills and be doomed to a lifetime of dead-end, low-pay jobs and welfare dependency.
Higher education is a business and business is good.......selling and I do mean selling useless degrees......brainwashing kids into believing if they don't have them they will be useless.....and having the backing of the US government to be able to keep you as an indentured slave until all of those loans both federal and private are paid off. The US today sucks!!!! I am an American and not proud of my country anymore. Higher education should be free, that's not socialism its called a good investment. I
Wow! Tuition and other costs are almost impossible to repay over the course of 20 years!
I did not apply to an "Ivy" school, but have received a double under-grad, 2 Summa cum Laude Masters while pressing on into my Doctorate at the total cost (so far) of 120K - all the while working full time! They were accomplished at what the "industry defines non ivy or B schools," such as State Colleges or Universities - but granted, they are fine establishments and the Programs will have you second-guessing "why on earth did I pursue this . . ." Meaning - DIFFICULT and CHALLENGING!" LoL!
Whether you are pursuing your under-grads, grads or post-grads, it is absolutely doable!
Your level of studies are your choice - go for it! :) An "Ivy" was not feasible for me . . . and the cost factor was the nail in that coffin (for me). However, others may deem "Ivy" the best fit for their goals! Either way - KUDOS to anyone who decides what's best for them with respect to studies - freedom of personal choice!
These colleges are programming more business 'professionals' into robots to tout the
corporate agendas of our fraud based economy. The last thing we need are more Harvard grads.
How about some free thinkers. I'm sick of this ****! And you should be too!
Harvard was mentioned twice yet who wants to send their child to Harvard when this Higher Ed school promotes Cheating among its students without the risk of expelling the cheaters!!
Also to all who seek high dollar careers such as Law and Medicine, if you want these degrees for the money you may receive by literally ripping clients and patients off over that of representing the laws of this land and the clients rights then don't go into law.
IF you wish to go into Medicine for the high salary then you have already failed your patients, thus need to find another profession of interest!
go find out how much these schools have in endowments to better understand these people are thieves.
if you want believe a Leftist indoctrination and a crash course in moral stupidity is worth a 6-figure debt, more power to you.
MIT is MIT, folks, with the best computer designers and reserchers in the world. With Law Schools you are paying for connections.
The private medical schools are overpriced, though. As an MD myself, my suggestion is---go to Texas, work for a year full time, get State residency. Apply to the Medical Schools there. The cost of 4 years of Instate tuition at UT Houston, getting to see patients at MD Anderson, is less than 1 year at Harvard. Study hard, get good grades, and do your RESIDENCIES (which is what really counts anyway, not Medical School) at the prestigious residency of your choice.
Example: me. I did my medical school training at UTMB, in Galveston (home to the State Charity Hospital). But to be trained as a Psychiatrist, after 4 years of college and 4 years of Medical School, I did 4 Years of Residency training (Yeah, that's 12 years of school, folks--and your surgeons can do up to 5 years more. OF TRAINING.) at an UCLA program. My residency certificate therefore is UCLA. I am therefore an UCLA trained psychiatrist. See the difference?
NO MEDICAL STUDENT is going to be doing complex procedures anyway. All US Medical schools offer essentially the same training. The difference comes in the Residency programs. And you know how many patients have ever asked where I trained? Almost none. I can't remember the last one.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
RECENT ARTICLES ON DEBT MANAGEMENT
Tying the knot doesn't mean your credit will follow suit. Take a look at these common credit myths about marriage.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'