I got lucky. Owed 25k after I graduated from BG. Wife had her school paid for, so no student loan debt for her.
I've been in TA for about ten years now primarily hiring people in tech and engineering, hired hundreds of people and been in thousands of hiring decision meetings. I've never once heard someone make a decision to hire or a salary decision based off where someone went to school. There's advantages going to Ivy Leagues and other "great" schools but unless the cost is similar through scholarships or you're very wealthy, it's just not worth it at all. People should find what they want to do and go after it full steam ahead without putting themselves into crippling debt for a school name on a resume.
that’s the right move. if your kids are planning on med school it makes no sense racking up all that debt in just undergrad tuition
So far, I have three nephews who have graduated college. Ohio and Ball State, and one who went to a two year trade school and has worked for 6 years on machinery for warehouse systems. That one has zero debt, owns a rental property (put a down payment and using rent to pay the mortgage), and is about to get married with enough cash for a home down payment. He set up an LLC for the rental at age 25.
My law school decision was Notre Dame or Ohio State. ND was going to cost me three times as much. Started at a firm where two friends were ND and Michigan, same job/salary but both effectively had a mortgage payment while I put 20% down on a house.
Yeah, my undergrad degree made no impact on my job prospects. Where did I go to law and what was my class rank.
Higher education needs a complete overhaul. There is so much waste and filler bullshit that makes no sense. I had to take Dress in World Cultures as a requirement. The professor was getting paid $85K+ in the mid 2000’s. Taught twice a week for 60 minutes and wrote research papers on why Baggy Jeans were important to culture. It adds nothing to your education nor to the advancement as a society. That’s one example of so many. I don’t know what the answer is but there needs to be a more specialized fit for different programs/careers.
classes about culture and fashion certainly have a place in education. but people who aren't pursuing those careers shouldn't be required to take such a class. loved my history of jazz class in college.
The biggest problem in higher education is that we've convinced 16-20 year olds that they have to decide the primary direction of their life at that age and it comes with a six figure price tag.
And they will likely end up making more than a large majority of kids that get college degrees. Plus have union benefits, pension and all of the additional perks. Plus, they have the added bonus of doing any side work they want for extra money. I am not kidding when I say I very much want at least one of my boys to get into a good trade.
I preached at all four of my nephews to go to trade school. Only one of them is seriously considering it and the rest of them wasted massive amounts of money. Higher education failed this country when we spent 20 years telling every kid that they were doomed to live in a trailer eating beanie weenies for the rest of their lives unless they got a four year degree. So rather then college being about broadening someone’s world view and learning how to motivate yourself and push yourself to do that which is difficult it became check all these boxes and you’ll have a career.
History of Rock N Roll with this guy was awesome. https://www.ohio.edu/fine-arts/gribou I’m sure the 7am jogging classes with esteemed Professor Pelican were not so awesome for BGSU students in 2008-09.
History of Rock n Roll was my capstone for my History degree. There was basically like a hundred different topics you could take for your capstone We met once a week and it was the easiest class I've taken in my life. We wrote one paper and did one presentation. David Patterson was in my class. Spoiler
Union trade worked for me. Two years at Ohio U helped too. Do I want my sons to skip college and join a trade? No. Will I be able to open doors and use trade connections to help them if they choose to join a trade instead of college? Absolutely. The toll a trade takes on your health needs to be deducted from the savings of not going into debt for a degree. Aches and pains aside, the possible chronic issues from poor air quality or the next unknown health consequence to exposure looms in my future.
Couldn’t agree more but in 20 years there will be no tradesmen available for hire. It’s already dire in most construction areas. Kids learning now will be naming their price for anyone who wants something done. The average age of a framer is somewhere around 55 I think I read last which is insane.
Ideally I would push them towards being an electrician. My wife’s uncle is an electrician as well as a few hockey buddies and they have great situations. The lack of new electricians coming into the profession is allowing them to set the market. My wife’s uncle has his own business and basically cannot stop working because he has constant jobs. Feel like it’s also a profession that won’t hurt the body too much long term.
I oversee tradesmen and manufacturing folks and couldn’t imagine doing the actual work. It’s backbreaking and not something you can do into your late 50s or 60s at a high level unless you’re an absolute horse. I’m sure there are trades jobs that are much easier on your body, but there is a physical factor you’re giving up by learning a trade. You can’t put a price on that.
Just started Oppenheimer. Don’t know if I have it in my to sit through all 3 hours tonight but I’m excited
the problem is the price tag. i hate that as a society we seem to have collectively decided that entire fields of knowledge are worthless because they do nothing to advance job prospects. i also understand it because acquiring that knowledge is enormously and prohibitively expensive for most people.
Those undergrad numbers are vomit inducing and those med school numbers sound too cheap tbh. I came out ~13 years ago owing over 300K. In my residency some of those younger guys had 500K debt from med school. And just because I wish someone would’ve set me in the right direction all those years ago, I would recommend The White Coat Investor book for your daughter. It’s an easy read financial book aimed mainly at doctors but really could be for anybody. I was financially illiterate until a few years ago and this book, among others, really helped with that. It’s really life changing for someone like myself. Basic finance should be required education, but no teaching square dancing in gym class was deemed more appropriate I guess.
Cincinnati and Ohio State medical school are between $30-35k in state tuition, probably $60k all in on rent/etc.
The cost of living stuff adds up fast. Marshall was 25K/yr and it was still over 300K when I was done. Actually that was prob the total after interest accrued during residency/fellowship but it’s the only number I remember. That of course doesn’t factor in if you’re still paying for stuff. Some of my classmates parents picked up the whole tab. Mine was mostly all on me, which is for the best I think. If any of mine go to professional school I’ll prob pick up some of the tab but not all of it. It’s prob best to have some skin in the game.
Eleven Warriors with a decent review of mock drafts today. No surprise on Harrison, consensus top-4. Mike Hall with some 1-2, but mostly third round. Eichenberg and Stover mostly 3-4. Proctor mostly 4-5. Jones and Miyan mostly UFA. https://www.elevenwarriors.com/ohio...r-pick-mike-hall-tommy-eichenberg-cade-stover
I can confirm. There have been few instances I can recall where a company required someone coming from a high-level academic institution, but for the most part where you went to school does not matter. I kind of want to tell my kids that, unless they want to be Doctors, Lawyers, Accountants, Engineers, etc., don't bother with expensive schools. Even then, those degrees from schools like BG, Cleveland State, Cincinnati, etc., can take you just as far as most other schools. A lot of your success is more dependent on the type of person and how effective of a communicator you are.
In law, undergrad doesn’t really matter. It’s basically a gauge of interest in the community. Why are you interviewing in Cincinnati from Georgetown, oh, you went to Miami. Law school matters though. If you are looking at NYC, DC or other big firm markets, you aren’t getting there without an elite school or being at the very top of your class in the next tier of schools. No chance for lower rated schools.
My sister has a couple friends who are partners in DC firms. Just career-driven robots from birth(sister kinda is too but not near their level) 1 I think was Princeton undergrad/NW law and other was Harvard for both
It’s great money, but it’s no life. I spent three years at a firm that thought it was among the DC and NYC elite (it wasn’t), and routinely did 60 hour weeks. I started with 30 associates in my office and by year six, there were two left. It was remarkable to come to my current firm and see middle aged partners who were still married and not on to a second or third trophy wife.
I see a missed the tuition discussion. My undergrad tuition at the university of illinois was $6,500. My daughter's pre-school tuition is $21,000.
I'll play. 14k for two kids at private school (1st & K) 60k for our full-time, live-in nanny Nanny is leaving in June though. Anyone need a job?
We pay our nanny just under 50k but she is not live-in and she doesn't work fridays. She's also awesome and as of yet has not taken any nude photographs in my dining room.
Jesus you all are further cementing mine and my wife's thoughts on not having kids. Daycare costs are just preposterous.
Just did work at a private school in SF. $43k a year. Including lunch and snack makes it worth it. https://en.m.wikipedia.org/wiki/Hamlin_School