Personally I think you should go to college for an education. But if you are really just going to get a "better job" you may want to take a look at this piece from fivethirtyeight.com to help you pick out a degree. More @ Five Thirty Eight.
Some families dip into their retirement accounts to help pay for college. A Sallie Mae and Ipsos survey of 1,601 college students and parents of undergraduate students found that 7 percent of families took a withdrawal from a retirement account to help cover college costs in 2014, up from 5 percent in 2013. More @ USNews.
What's your priority? Your priority is both. Wealth comes through savings. The very very special savings never to tap is your retirement savings. You are not just speaking those saved pennies but all the other pennies it may accumulate.
Just say no to this idea,
One of the world’s largest automakers has stepped into the fringe of American education. Volkswagen has imported its German-style apprenticeship program to the U.S., and American labor officials hope it might become a model.
“It’s a totally different mindset. It’s a totally different culture,” says Ilker Subasi, who heads the Volkswagen Academy on site at the company’s Chattanooga plant. More@MarketPlace
What did Peter Cooper really intend to do when he founded one of the nation’s few free colleges?
That was the question debated in a Manhattan courtroom on Friday as a group of students, faculty members and alumni mounted a legal challenge to the decision by Cooper Union for the Advancement of Science and Art to begin charging tuition this fall. More@NYTimes
The belief that student loans are never dischargeable in bankruptcy . . . yeah that's not always true. More to read and learn @ US News.
I still don't think it's a great idea. The goal is to never be in this position.
Families are taking fewer loans and using more of their own money to pay for college than at any point in the last five years. That’s according to a new study from Sallie Mae, the student-loan and financial-services company.
There are charts and numbers @ MarketPlace
"I should say that this subject is very personal for me. Like so many kids today, I went off to college like a sleepwalker. You chose the most prestigious place that let you in; up ahead were vaguely understood objectives: status, wealth—“success.” What it meant to actually get an education and why you might want one—all this was off the table. It was only after 24 years in the Ivy League—college and a Ph.D. at Columbia, ten years on the faculty at Yale—that I started to think about what this system does to kids and how they can escape from it, what it does to our society and how we can dismantle it."
More @ The New Republic
The for-profit company Corinthian Colleges detailed plans Monday to sell 85 of its career-education campuses nationwide and shutter a dozen others, including two outposts operating under the Everest brand in the Washington region. More @ NYTimes
ASU "said that, for each third- or fourth-year student, it would provide College Achievement Plan scholarships of $2,420 per semester, based on a student enrolled for 12 credits. Prices vary for ASU Online’s degree programs, but that CAP scholarship would cover about 40 percent of the cost of several of the lower-priced programs. Depending on their financial need, students could also be eligible for need-based university grants of up to $1,000 per semester, plus Pell Grants and other government student aid." More @ The Chronicle of Higher Education
It's still not a bad deal and more corporations should help their employes is this sort of way.
In honor of college graduation season, Planet Money made a graph. It answers a few questions we had: What is the mix of bachelor's degrees awarded today, and how has the mix changed over the past several decades? Graph@Planet Money
Here's a hint:
"When you look at the national statistics on college graduation rates, there are two big trends that stand out right away. The first is that there are a whole lot of students who make it to college — who show up on campus and enroll in classes — but never get their degrees . . . The second trend is that whether a student graduates or not seems to depend today almost entirely on just one factor — how much money his or her parents make." More @NYTimes
"The wonks in training at Harvard’s Kennedy School of Government will soon be subjected to a new and touchy-feely line of inquiry: Checking Your Privilege 101. In response to growing demand from student activists, administrators committed Friday to adding a session in power and privilege to its orientation program for incoming first-year students."
GASP!!!! A whole session. One session. Good luck with that Harvard.
Florida's Senate approved in-state tuition for illegal immigrants Thursday, setting the stage for the state to join others that have passed laws making higher education less costly for students without U.S. permanent residency. More@WSJ
A new study—conducted by Mueller and Oppenheimer—finds that people remember lectures better when they’ve taken handwritten notes, rather than typed ones.
What's more, knowing how and why typed notes can be bad doesn't seem to improve their quality. Even if you warn laptop-notetakers ahead of time, it doesn't make a difference. For some tasks, it seems, handwriting’s just better.
How many times must I see this study replicated?