Are Institutes of Higher Learning a Racket?
Getting an education is something that most people strive for. It helps us in life to advance our learning and get a degree in a specialized area of interest. Both short and long term programs are available. You can taylor it to fit your lifestyle. Obtaining a degree will definitely boost your income, give you bragging rights and open up professional opportunities.
The question remains about how to pay for this education. No matter if you choose to attend a community college or Ivy League school, they all cost something. Sure, you can apply for grants and obtain loans to help with funding.
Some people invest 4 or more years in these institutes of higher learning and spend twice that time repaying those loans. To only discover, after completing their studies, they cannot find jobs in their area of study. Tuition is only increasing. Who stands to gain from this: the colleges.
Worth it or not?
Are these schools ripping people off? The short answer is, yes.
Don’t get me wrong, discouraging people from furthering their education is not what I am suggesting. I’m just saying that some of these schools charge astronomical amounts of money and students end up paying off loans for years after their schooling is finished. What kind of reward is that.
What do you say to someone who wants to pursue a degree program or a trade? Do you encourage them to go for their dreams or do you caution them to pursue other avenues?
Career opportunities may be limited without a degree. On the other hand, there are people who do very well financially, and they have not gone to college. Are institutes of higher learning a racket? It is possible to be successful without attending college and make a good living.
How do you feel about it?
10 replies on “Are Institutes of Higher Learning a Racket?”
I just touched on this in my most recent blog post, published minutes ago. The prestige and ranking of an institution are arguably meaningless, but there is no doubt that some (but not all) employers buy into the cachet of elite universities. Higher education might or might not be a racket, but being a racket and playing a role in certain (but, again, not all) jobs and graduate school prospects are not mutually exclusive!
Thank you, Raymond! I agree that not all jobs buy into the whole “elite university” concept.
Yes its a ripoff who determines the price of education especially when the teachers are not getting paid so who pockets the money most things we learn in school or college is not worth the hassle unless its guaranteed jobs once you finished the course I believe in education I don’t believe in the price for it when your not guaranteed a career
Louis, it is true that some educators are not paid well. I just think that getting an education should not leave anyone indebted for years and years down the line. The tuitions should definitely be reduced. Thank you, Louis! ❣🙏
hey
cool blog 🙂 will give it a follow and a like !
Luckily, in my country, higher education is not that expensive, except for a few universities. When my daughter went to America for her doctorate, her education was fully funded by her scholarship. Though we had to support her as she had her son with her.
Sadje, that is great that she was able to get a scholarship. That is most helpful. For some, they have to come out of pocket to pay for their education. I just feel like it is too expensive for most and the tuition should be lowered. Enrollment in college may be higher if it was a little more affordable. 😃
Indeed that is true. Though free education puts a lot of strain on the government, and the students don’t appreciate it as they should because it’s feee, but subsidized education is a better idea
I agree that if it was free students would not take it seriously or appreciate it, I just wish it wasn’t so overpriced. The good thing is, at least people can apply for grants and receive scholarships to help with the cost.
Very right my friend