Why College is so Expensive

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Wendover Productions

Wendover Productions

8 жыл бұрын

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College is expensive. Here's why.
Twitter: www.Twitter.com/WendoverPro
Email: WendoverProductions@gmail.com
Attributions:
Student icon made by Freepik at flaticon.com
Professor icon made by Freepik at flaticon.com
Hammering video courtesy Unripe Content
Admissions video courtesy Cambridge Law Faculty
Security guard video courtesy Nevada Cop Block
Lecture hall photo courtesy Theonlysilentbob
UMass Amherst Commonwealth Honors College building photo courtesy University Massachusetts Amherst and used under Fair Use Guidelines
UMass Boston General Academic Building No. 1 photo courtesy Wilson Architects and used under Fair Use Guidelines
Berkeley Lower Sprout Building Photo Courtesy clayholden.com and used under Fair Use Guidelines
Ohio State University Photo Courtesy Nheyob

Пікірлер: 3 700
@Gonzaga78
@Gonzaga78 8 жыл бұрын
"college is not that expensive" tfw people in other 1st world countries don't pay 1/10 of that... education should be free, educated people will make better decisions for the country. There's a reason why trump makes his speeches the way he makes; simple keywords that will have an impact on people, while not saying anything useful at all. He's targeting people without a college degree, and it is working.
@offchance789
@offchance789 8 жыл бұрын
...what? Trump supporters are old people who hate brown races and seek shortsighted goals because they're time on Earth is numbered. Targeting intellectuals is classic old person victimizing: nobody hates a smartass more than an old guy
@Kleavers
@Kleavers 8 жыл бұрын
Unfortunately there's usually only an economic incentive brought up: go to college so you can make more money. The fact that people might get smarter and think critically doesn't really matter.
@diegosanchez894
@diegosanchez894 8 жыл бұрын
Education, along with healthcare, housing, food and clothing is a human necessity, and should therefore be a government provided service. Otherwise, how is a poor person supposed to make it out of poverty without any of the above?
@Gonzaga78
@Gonzaga78 8 жыл бұрын
Diego Sanchez shhhhhhhh..... are you crazy?? that's .... *communism*
@Mega911Gamer
@Mega911Gamer 8 жыл бұрын
Unfortunately in America, everything is a business ,I mean Everything, college is no exception.
@timothyhayes9724
@timothyhayes9724 8 жыл бұрын
So basically, this can be boiled down to, in some countries, education is an infrastructure, and in the good ol' US of A, it's an industry.
@interestingcommentbut....7378
@interestingcommentbut....7378 8 жыл бұрын
America is one huge industry
@griffinsmiley9110
@griffinsmiley9110 8 жыл бұрын
+hectorbeast The city i live in is owned by one single company
@TheRemixDenuo
@TheRemixDenuo 8 жыл бұрын
evilcorp
@interestingcommentbut....7378
@interestingcommentbut....7378 8 жыл бұрын
+Griffin Smiley What city is that? That sounds horrible
@gumbyshrimp2606
@gumbyshrimp2606 8 жыл бұрын
Doubt it griffin
@gwelwynn
@gwelwynn 5 жыл бұрын
The most frustrating part of this video is the definition of 'millennial.' The oldest 'millennials' could literally be parents to the youngest 'millennials.'
@najibanurisma
@najibanurisma 4 жыл бұрын
Ya like my mother and i
@DeadlyDeadlyBeees
@DeadlyDeadlyBeees 3 жыл бұрын
Yes the correct date range is about 1982-1996 (depends on the source)
@justingolden21
@justingolden21 3 жыл бұрын
How much of an age range do you want for "generation"? Ten years? I think 22 years is very reasonable.
@bruhchan4743
@bruhchan4743 3 жыл бұрын
@@justingolden21 all I know is that anyone born after 1999 is definitely not a millennial, they are Gen-Z.
@developerfabi
@developerfabi 3 жыл бұрын
@@bruhchan4743 but the people currently born are considered gen-z. How can the people born now be the same generation as the people born 20 years ago. So so much has changed in that time. Just look at digital technologies
@recreationalnukes4251
@recreationalnukes4251 5 жыл бұрын
So your just going to ignore the fact that all this wastefulness was caused by students loans. if students couldn’t give all that money up front, colleges that charged it wouldn’t be able to stay in business, so less money would be wasted on administration and decorative architecture.
@idensoneltume627
@idensoneltume627 4 жыл бұрын
Recreationalnukes42 he definitely missed this crucial point.
@rockwithyou2006
@rockwithyou2006 3 жыл бұрын
missed pretty much the most important point.
@ericreingardt2504
@ericreingardt2504 2 жыл бұрын
Absolutely
@ericreingardt2504
@ericreingardt2504 2 жыл бұрын
A similar scam to the housing crisis when banks crapped out loans to homebuyers like no tomorrow, making the banks and real estate companies very wealthy. The banks are always behind it.
@lilpepe545
@lilpepe545 2 жыл бұрын
@@ericreingardt2504 no its the stupid people who are always behind it, demanding money and loans without knowing if they can pay it back plus interest. Politicians have to listen to these idiots to get votes and the govt. pressures banks to loan out money by manipulating the fed and printing dollars
@darklordrowan6152
@darklordrowan6152 7 жыл бұрын
The true problem is students think ANY college degree is better than no degree, which is definitely not the case.
@yuricherkasov
@yuricherkasov 5 жыл бұрын
I heard degree in Gender Equality or Ancient History is a requirement for McDonalds cashiers
@cikadaau5614
@cikadaau5614 4 жыл бұрын
@@yuricherkasov one of those two degrees are grounds for under qualification
@ronpearson1912
@ronpearson1912 4 жыл бұрын
@@yuricherkasov I hope mcdonalds goes out of business due to lack of workers, people need to just wonder the streets.
@timothychang34
@timothychang34 4 жыл бұрын
@@yuricherkasov at least ancient history has more relevance to the 21st century and is grounded in a real pursuit of facts.
@collegeliftoff686
@collegeliftoff686 4 жыл бұрын
Todays job market is about having skills not what school you went to.
@abs0lute
@abs0lute 8 жыл бұрын
Europe > USA
@mrstocks
@mrstocks 8 жыл бұрын
Well it's free here.
@mrstocks
@mrstocks 8 жыл бұрын
3.7 million studing abroad, and is increasing by about 12%/year (OECD).
@abs0lute
@abs0lute 8 жыл бұрын
Haha, nice joke buddy ;)
@DrawCuriosity
@DrawCuriosity 8 жыл бұрын
For research I'd daresay Europe far surpasses the US - there are more researchers in the EU than in the US, and the overall research output is greater and has a much higher impact factor. :) (although Brexit might ruin that...) Also, lower tuition fees
@mrstocks
@mrstocks 8 жыл бұрын
i must say that travelling is good for the mind aswell.
@krisselissan6539
@krisselissan6539 7 жыл бұрын
In Switzerland a semester at University costs about 750-800 Francs, roughly the same in Dollars
@hoixthegreat8359
@hoixthegreat8359 5 жыл бұрын
I get annoyed at paying £9k a year
@habib6499
@habib6499 3 жыл бұрын
Lol the uk is even more expensive than the us Wellcome to England the America of Europe
@Vishal._vp
@Vishal._vp 2 жыл бұрын
Well thats huge for me as being a indian its fucked myan
@LuffyL-ch1ku
@LuffyL-ch1ku 2 жыл бұрын
Wtf, I think I just payed 113€ for my whole year uni in Belgium, excluding books
@The_Horizon
@The_Horizon 3 жыл бұрын
dont forget rich daddies "donating" buildings
@pshindigamingmobilegamer2609
@pshindigamingmobilegamer2609 2 жыл бұрын
Lol
@Punished_Rustles
@Punished_Rustles 7 жыл бұрын
telling everyone that they NEED to go to college is precisely what causes college to become so expensive.
@aayushdesai3259
@aayushdesai3259 6 жыл бұрын
KurtRusseII exactly *UNSUBSCRIBED FROM WENDOVER*
@CaptainBill22
@CaptainBill22 6 жыл бұрын
That and the sweet sweet Feddie cheese. After all the more they increase their rates the more the government will be forced to pay.
@ThePrimordialChronicles
@ThePrimordialChronicles 6 жыл бұрын
KurtRusseII That’s not logical idiot,more interest and people in the system should mean that it’s costs get spread out more and not that gets 3 times more expensive for no fucking reason
@aayushdesai3259
@aayushdesai3259 6 жыл бұрын
Szkotu Szkocki its known as brainwashing. Works with the school system too
@SuperDamiano1997
@SuperDamiano1997 6 жыл бұрын
In Belgium there are almost no tuition fees, yet many people go to Uni
@AnimeLover4Life3395
@AnimeLover4Life3395 7 жыл бұрын
I went to college, it didn't work out and now I'm making a comfortable amount as a chef with no degree. Remember, sometimes a 4-year university isn't for everyone, and if that is the case for you then try a community college or a trade. Trades can be very high paying and don't require all of the four-year common core classes. I do plan on going to culinary school after making a bit more to pay for it, but for now I am content where I am.
@averyintelligentperson7565
@averyintelligentperson7565 6 жыл бұрын
AnimeLover4Life3395 college in my opinion is a 100% waste. Universities charge you $100,000’s when you could go to community college and get the same options for almost nothing.
@DKYtut
@DKYtut 6 жыл бұрын
what 100k? go to Europe.. college and university is probably like, around 1000 euro a year including books..
@axelpaxel9432
@axelpaxel9432 6 жыл бұрын
idfc no. For the 'sci-ency' course you are only getting a high school level of education at a community college. That's basically what a community college is . A high school.
@averyintelligentperson7565
@averyintelligentperson7565 6 жыл бұрын
Axel paxel you can still get a degree
@towldllr4854
@towldllr4854 6 жыл бұрын
Does that mean I should get a degree for passing AP Biology? No. AP Biology is basically college-level biology.
@BobLoblaw1978
@BobLoblaw1978 6 жыл бұрын
I love your vids, but this one is severely flawed. People with degrees make a lot more than people without, but we have to remember, correlation =/= causation. People from good backgrounds and good parenting are far more likely to finish college. People from poor backgrounds with bad parenting are far more likely to not finish college. What this means is that the two groups of people (college vs high school graduates) are totally different pools of humans. The college degree is a factor, but their upbringings and environments are also hugely different.
@eragon78
@eragon78 5 жыл бұрын
+Bobloblaw1978 um, you cant get most higher paying jobs without a degree. Its not even a causation vs correlation thing, its legitimitely a matter of very few high paying jobs exist for people without degrees. There are a FEW, but not very many. And most of them require having very solid connections. Very few places except low skilled and low paying labor will accept people without degrees these days. Any form of skilled labor which pays more requires a degree 90% of the time.
@88COR88
@88COR88 5 жыл бұрын
@@eragon78 There are a lot of people out there with degrees that aren't in the higher paying jobs. The employers want the most educated and highly qualified people at the lowest price possible. For example: The requirements of a job don't require a degree but since the supply of degreed people is huge, employers can ask for it and get it. As a result even the good paying jobs that don't really need a degree are going to people that have degrees. This leads to anyone without a degree making closer and closer to minimum wage. When we look at the raw statistics it looks like a degree leads to higher wages but if we drilled into it we would see that jobs that used to go to high school graduates are now being filled by college graduates even though there is little change in the actual requirements of the job. It's a vicious cycle that will take people smarter then me to find a way out.
@SmashBrosBrawl
@SmashBrosBrawl 5 жыл бұрын
yeah, he put the cart before the horse on this one, if you are highly driven and have a higher IQ, you will succeed pretty much no matter what.
@troybuckholdt
@troybuckholdt 5 жыл бұрын
It's actually quite the opposite now. The highest paying jobs are the ones that don't require a degree. These jobs are too new or change to fast to be taught in college.
@willkuklinski9932
@willkuklinski9932 5 жыл бұрын
@@eragon78 Your plumber needed a college degree?
@MrZeyami
@MrZeyami 6 жыл бұрын
This video is pretty "US college apologist"; noone thinks that their money disappears into a vacuum. They already know that it's going towards costs. The unjustified nature of the costs are the common complaints. Saying "but it's an investment!" is just a trivial cop out in a world where a majority of students are not STEM and the value of education isn't measured in dollar signs.
@racheljohnhyatt4028
@racheljohnhyatt4028 4 жыл бұрын
True
@arisu7397
@arisu7397 3 жыл бұрын
Did u see the logistics?
@TetoSuperFan
@TetoSuperFan Жыл бұрын
hes not being apologist, hes explaining the costs. its your fault if you see it that way. and honestly bro, i can name more than a handful of colleges in my and the surroudning counties that cost more or even less than 10k a year. its called not going to a private university lmfao. at the end of the day its up to you to be a whiny dumbass
@jonaw.2153
@jonaw.2153 7 жыл бұрын
*Laughs in Europe*
@xXReApKiLlSXx
@xXReApKiLlSXx 7 жыл бұрын
Jona Willekens Problem is with studying in Europe, every country that offers free/good rates for university and have internationally recognised universities require you to learn their native language which is a huge pain in the bum.
@TheSgrizli
@TheSgrizli 7 жыл бұрын
it's not pain in the ass most european countries require you to learn 2 foreign languages in school at least that's true for slovenia for example i know how to speak english and i'm learning to speak german also i'm planing to learn other languages aswell
@xXReApKiLlSXx
@xXReApKiLlSXx 7 жыл бұрын
Luka Yeah true, but to me with my country there's not a lot of tutors where I live, plus I only have like a year of high school left so I don't know if I'm going to learn a language fluently enough to be taught university level stuff and understand it all before I actually go to university
@brucec43
@brucec43 7 жыл бұрын
Yes, because you speak a language that few people speak, so if you don't learn other languages you can't communicate with any significant number of people. If an American never learns any languages besides English, he can still communicate with more than you can. Americans don't "need" other nations to prosper. So there's a less pressing need to learn their languages. The time spent is devoted to higher levels of prosperity and standard of living.
@jen4394
@jen4394 7 жыл бұрын
Not true for Germany. They have english classes. And not just them. Plus here in Europe we learn English+French/German/Spanish/Italian at school. Even if it is required to learn a new language, it is not that hard after speaking 3 already.
@KnownNever
@KnownNever 8 жыл бұрын
Spend $40,000 a year getting a Private Liberal Arts degree or spend $10,000 a getting a Public University Engineering degree and get paid 5x.... hmmm
@myherpesitch7763
@myherpesitch7763 8 жыл бұрын
Well said. Well said.
@BeastinlosersHD
@BeastinlosersHD 8 жыл бұрын
Don't get a liberal arts degree if you like art. Go to a non-profit art school and get work at an art place.
@MasterRabbitLP
@MasterRabbitLP 8 жыл бұрын
I think it's sad that you just think of your job as a way to make money
@BeastinlosersHD
@BeastinlosersHD 8 жыл бұрын
MasterBit well do something you love, then make money at it
@LarlemMagic
@LarlemMagic 7 жыл бұрын
If there was no salary attached to the work there would be no work.
@eratonysiad2582
@eratonysiad2582 7 жыл бұрын
[Laughs in European]
@maru-wi2lu
@maru-wi2lu 6 жыл бұрын
Kriso de la Erikejo [Laughs in Brazilian]
@WerGerfragtHat69
@WerGerfragtHat69 6 жыл бұрын
[Laughs cuz brazil sucks in general]
@qpro1234
@qpro1234 6 жыл бұрын
Kriso de la Erikejo [laughs in 40% tax in belgium on anything earned above €1060/month and 45% on anything above €1765/month]
@osuna3525
@osuna3525 5 жыл бұрын
(whistles in Spanish)
@landonic81
@landonic81 5 жыл бұрын
Chris - Europeans still pay for college through taxes. It's not free
@TheUltimateRPG10Official
@TheUltimateRPG10Official 6 жыл бұрын
I kinda wish I could just learn from the internet instead of having to go to an official institution to get a piece of paper proving my knowledge, but I suppose that's the world we live in.
@davidshaver7765
@davidshaver7765 3 жыл бұрын
Sometimes the internet isn’t trustworthy, anyone can post anything on the internet but in college at least you’re given proof that they know what they’re talking about. A business wants a person who can do the job and do it well not someone who learned something at some point on the internet while sitting down on a couch.
@scintillam_dei
@scintillam_dei 3 жыл бұрын
@@davidshaver7765 The internet is as trustworthy as the establishment that pretends to monopolize knowledge. I learn more from internet in a day than I did in school in a week, and in some cases, a month. This depends on the type of job. For some, teaching yourself is too difficult, and a tutor is necessary to get things going.
@bartholomewdan
@bartholomewdan 2 жыл бұрын
This comment didn't age well...
@Tommy50377
@Tommy50377 2 жыл бұрын
@@davidshaver7765 Professors spend their lives teacher the same class over and over again, giving the exact same lectures to different classes of students. What stops them from recording those lectures once, and then uploading them to the internet? Same qualifications, same material, taught by the same professor. College could very easily be completely free for any subject that doesn't required hands on experience.
@davidshaver7765
@davidshaver7765 2 жыл бұрын
@@Tommy50377 And what exactly is going to stop the next 10 people without those qualifications from pretending they know as much as the professor and giving false information? Go to literally any business that requires lets say a cybersecurity bachelors degree and say "OH I LEARNED TO CODE FROM A KZbin VIDEO THAT A PROFESSOR FROM HARVARD MADE!!" Yeah like they'll take the risk on you when they have 3 other dudes who actually got that degree from other schools and proved they know what they're doing. Also about the college could be free thing I'm not arguing against that so it isn't relevant.
@0Architectdude0
@0Architectdude0 7 жыл бұрын
I hate being called a millennial. Edit: I’m not even a millennial I’m 18 lol, guess my 15 year old self didn’t realize that
@BadgerCheese94
@BadgerCheese94 7 жыл бұрын
I hate sharing a generation with entitled twats who think they're "speshul" cuz they were raised by weak parents.
@andresporras6915
@andresporras6915 7 жыл бұрын
In contrast you're not like that. You REALLY stand out because you're not like the group who just BELIEVES they're special. You're different. Special, one might even say.
@BadgerCheese94
@BadgerCheese94 7 жыл бұрын
I'm not special. I'm an average white Cuban guy living in suburban Texas. I'm gay, don't make a big deal about it, and am perfectly happy being average as fuck :D ._. yay.
@thatsfresh28
@thatsfresh28 7 жыл бұрын
Andres P lol
@VicenteCamposMX
@VicenteCamposMX 7 жыл бұрын
Blaque That's so millennial.
@Knightmessenger
@Knightmessenger 7 жыл бұрын
Also you completely LEFT OUT the Bennett Hypothesis which states that student loans have been inflating the cost of tuition. Basically it's like printing money that can only be applied to university. Sure enough, colleges continue raising their prices because thanks to loans, people don't stop paying.
@SergeantDizzle00
@SergeantDizzle00 7 жыл бұрын
and don't forget how the textbook industry makes out with those "education stamps."
@joelights6476
@joelights6476 7 жыл бұрын
"An ignorant person is one who doesn't know what you have just found out" -Will Rogers.
@AwarenessForex
@AwarenessForex 7 жыл бұрын
This is correct. The student loan system is a de-facto, chainless slavery for those that do not pay cash for their 'higher education'. Reselling information is huge business; essentially the secular equivalent to religious donations in the [mega]church community.
@joeybodnar
@joeybodnar 7 жыл бұрын
yep. the fact that he left out such a glaringly obvious reason makes me think he did it on purpose.
@DrunkenNuts
@DrunkenNuts 7 жыл бұрын
also bitches about state schools getting less government funding so the student has to pay more. forgets to mention government loans, government grants, and government scholarships driving up tuition. stinks of political bias.
@huanzhang4110
@huanzhang4110 5 жыл бұрын
Just because everyone goes to college doesnt mean everyone can get jobs that require a degree. This is grossly oversimplifies and kinda paint the picture in the wrong light imo
@matthogan7545
@matthogan7545 3 жыл бұрын
Here in 2020 trying to figure out how so many of these costs are gone with online school, but tuition still went up..
@2toasty
@2toasty 8 жыл бұрын
In canada it's much much cheaper for the same quality of education.
@ashtonc1
@ashtonc1 8 жыл бұрын
You still have to pay for it in taxes
@imperatorcaesardivifiliusa2158
@imperatorcaesardivifiliusa2158 8 жыл бұрын
Americans complain about taxes too much.
@austindzik4702
@austindzik4702 8 жыл бұрын
^ you know the reason we revolted against the British was because of taxes right? It's in our blood
@TheMajorStranger
@TheMajorStranger 8 жыл бұрын
And that's stupid. for each dollar you pay in taxes, 63 cents goes directly into military and defense budget. Instead of crying about taxes, how about lowering the defense budget used to bomb civilians and create global unrest all over the world?
@RoflZack
@RoflZack 8 жыл бұрын
+TheMajorStranger Do you have a source on that?
@salnits5
@salnits5 8 жыл бұрын
Tfw europe and its free
@1230james
@1230james 8 жыл бұрын
tfw it raises your taxes so it's not free
@MelancholyMadoka
@MelancholyMadoka 8 жыл бұрын
+1230james true haha
@RickyRyan
@RickyRyan 8 жыл бұрын
True, but you do not end up in debt, which means you have money to spend right away, hence the economy as a whole benefits AND you pay back you education via taxes over a lifetime instead of just when starting out in life, at times with interest. I'm all for taxes, as long as I get my money's worth and some countries have done an excellent job giving "free" education, better than everyone else... Finland. We should all copy it.
@Ryanryan251
@Ryanryan251 8 жыл бұрын
Keep in mind Finland has a population of about 5.5 milion people
@TheDropForged
@TheDropForged 8 жыл бұрын
Not in England though.
@CalebRoden
@CalebRoden 5 жыл бұрын
Don’t forget about student loan financing interest. That sometimes puts you even DEEPER in the hole
@lolake7594
@lolake7594 3 жыл бұрын
Me, born in 2003: I’m a centennial Wendover video: the millennial generation born between 1982 and 2004 Me: having an existential crisis
@Andreas4696
@Andreas4696 3 жыл бұрын
Gen Z.
@jaycool9480
@jaycool9480 3 жыл бұрын
Gen Z bro
@detfalck
@detfalck 7 жыл бұрын
I live in Denmark, we get paid up to 800$ for just going to college.
@Blakezilla594
@Blakezilla594 7 жыл бұрын
...and get 70% income tax
@nuttex
@nuttex 7 жыл бұрын
Do you always talk out of your arse or is it something you've just decided to start doing? The income tax rate for the top bracket may not exceed 51.95% (which has a few exceptions like capital income tax). There are two brackets for state income tax - DKK 42,900 (£4,878) to DKK 421,000 (£47,867) and anything above DKK 421,000. The base one is taxed at 5.83% and the top one adds up 15%. The basic allowance is DKK 42,900. "Under the Danish tax system, it is possible for a high-wage earner to pay up to 51.5% of their total income after gross tax, giving a total of 57% of total income." taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Denmark-Individual-Taxes-on-personal-income en.wikipedia.org/wiki/Taxation_in_Denmark
@vonaefect3097
@vonaefect3097 7 жыл бұрын
The tax in the Nordic countries is usually around 30-40%, which gives you a lot of benefits americans need to pay for anyway..
@TheFlyinSquid
@TheFlyinSquid 7 жыл бұрын
+Robot That leads to further disparity between the classes and having an educated population is generally better for everyone in the long run. You know thats why we had up to highschool public in the first place, because it used to be enough.
@TheFlyinSquid
@TheFlyinSquid 7 жыл бұрын
"Didn't get enough money for school? Get a part time job or join the military" In this day and age you cant do that, maybe in the past but not today. Yeah so go and kill people and risk dying, for a college degree. I have no qualms if you are fighting because you believe in the cause but if you are just doing it just for the benefits you might as well be a hitman. "If you're worthy of going to college/uni that will show in high school. As it currently is, you'll get the grants, scholarships, and loans you deserve." The things is the ones who receive scholarships are the exceptional ones and there isnt anything wrong with that. Its creme de la creme so its not going to count all those who are capable, just those who look like theyll do best. Yeah there are loans but do you really think having a generation burdened with huge student loan debt that is the only kind of debt you cant get rid of even by bankruptcy is a good idea? "It's not the responsibility of others to cover your liberal arts degree." Wow never seen that stereotype before. I see now, every person who complains about college being expensive in the united states must be a gender studies major, every one on wellfare in a pot smoking hippie, and anyone who suggests adding government programs is a spy from the soviet union. You have enlightened me.
@RemedialRob
@RemedialRob 7 жыл бұрын
I really like the channel but I have a pretty big issue with the way this subject is presented. I feel like a lot of stuff is glossed over or completely omitted in the calculations of not only what school costs but also what the total revenue of the schools involved is, what the government's contribution is, the final cost to students with fees and fines and tax credits and interest on loans. It also ignores things like alumni donations, which can include long term and rather huge funds that take a large cash donation, invest it, and funnel the profits yearly to the school in the form of grants, scholarships, and even yearly cash donations. It doesn't account for how many students are paid for directly by scholarships (though it does mention an average donation) which increases the student count and in a roundabout way increases costs to the student paying out of pocket. It doesn't talk about revenue generated by non-educational programs and how they affect the school. It doesn't talk about the fact that a lot of schools will offer free classes to alumni so they can return to take additional courses at the school over and above their degree free of charge and it doesn't seem to consider that government may be contributing less per student to schools but if there are so many more students than government may in fact be contributing more overall than it has in the past because 3% of 1000 is less than 2% of 4,000. Additionally while the 500k claim that you will lose may be statistically true it does not (incorrectly I feel) point out that many trade jobs like plumbers, electricians, mechanics, and so on can in fact go on to make a lot more than the average college graduate and that when choosing to either go to college or get educated in a trade one should also consider job security because as a society we have historically always needed people to fix cars and unclog toilets but many college education requiring jobs have disappeared through globalization and they often require much more specialization than trade jobs do. So even if there is a housing bust and you can't seem to find work in construction if you are handy with tools you will most likely be able to transition to other work that also uses tools where as the guy with the Art History degree is probably not going to do as well when all of the sudden museum attendace plummets and the art economy collapses. In short I'm subbed to this channel and I usually really like the vids but this one feel sort of lazy and sloppy. I don't mean that in an offensive way. No one is perfect. I just feel like the omitted info paints an incorrect picture of the subject at hand which isn't super great for anyone watching this informationally.
@georgea.567
@georgea.567 7 жыл бұрын
Going to trade school is a good investment
@WeWantBears
@WeWantBears 7 жыл бұрын
This is a fantastic reply. Awesome.
@SergeantDizzle00
@SergeantDizzle00 7 жыл бұрын
Trades are significantly more useful when during economic slumps too. You always have a job, always.
@joelights6476
@joelights6476 7 жыл бұрын
Revenues? No kidding. How about those places with a big-time football team? They are swimming in cash.
@xandercorp6175
@xandercorp6175 3 жыл бұрын
"Go to college, kids." This quote didn't age well, and it's going to age even worse in the future.
@apoorvchauhan5478
@apoorvchauhan5478 2 жыл бұрын
How?
@z_xd_lol
@z_xd_lol 2 жыл бұрын
@@apoorvchauhan5478 money?
@NuSpirit_
@NuSpirit_ 6 жыл бұрын
Funny how college is supposed to be the best investment in your life. But that isn't the truth (not for everyone). I went with a lot of friends from High School to the same college. I dropped out after 2 years and in the end I managed to earn same amount as them without "losing" 4-6 years worth of money from jobs - secret? Know the stuff. A lot of companies won't give a rat's ass about your diploma if you know next to nothing. They pretty much appreciate your knowledge and work experience over your degree quite a lot.
@differentman1878
@differentman1878 3 жыл бұрын
My father used to say the same thing (he passed away, hence the "used to" dsnt mean that he no longer agrees with it). In his heyday, he,without exaggeration, hired thousands of people. He never looked for a college degree. Just as long as they knew the material. There were 11 other ppl at his level of management that hired others. Of those 11 only ONE looked for a college degree. To be clear, he worked in computers and maybe that makes a difference. But its important to look into what a company really wants. Are they looking for a piece of paper? Or for the applicant to actually know his/her stuff? Also, i just remembered, he never used his college degree.
@allenk6373
@allenk6373 3 жыл бұрын
people will give a rats ass if you plaining to grow in these company for example I know a person who didn't get a highter step in company because he didn't have a diploma
@thegeekyouseek8229
@thegeekyouseek8229 8 жыл бұрын
Ahem, many buildings are donated by Alumni to get their name live on forever.
@blacktrout
@blacktrout 8 жыл бұрын
so every building is donated and colleges don't build anything? And they don't have to pay for the up keep of them?
@thegeekyouseek8229
@thegeekyouseek8229 8 жыл бұрын
+blacktrout225 of course not, are you a fool? But most are heavily subsidized and cost the university virtually nothing. And the income from sports programs was never mentioned either. Which changes everything..
@kinslayerauthor4051
@kinslayerauthor4051 7 жыл бұрын
Most sports programs lose money at a far greater rate than they make it. It's only the top teams which manage to bring in the funds they need to stay in the black. With nearly professional level coaching staffs and training facilities, most colleges hemorrhage money from their football and basketball programs.
@THEMilkSHAIKH
@THEMilkSHAIKH 7 жыл бұрын
They changed the Patriot Center to Eagle Bank Arena. Fucking sellouts!
@RemedialRob
@RemedialRob 7 жыл бұрын
No but.. for example when the University I attended built a new Science Building they invested a smaller amount of money in state bonds which, once they reached maturity, were cashed in to pay for the building. This was a 20 year long process that ended in the 8 months or so of construction and the "cost" of the building was somewhat borne by not only the alumni that donated a portion of the initial investment but also the citizens whose tax money backed and paid out on the state bonds.
@andresbf830
@andresbf830 7 жыл бұрын
the problem is that wages havent increased at the same speed as college tuition
@johnnym9498
@johnnym9498 5 жыл бұрын
Andrés BF No the problem is that the government guarantees students loans so the colleges charge whatever they want. This video is wrong
@bellpolo08
@bellpolo08 5 жыл бұрын
@@johnnym9498 This! This times a million! I'm speechless that the video didn't even mention this. The "wages haven't increased enough" argument is total garbage. The buying power of a dollar is stronger today even more so than inflation has weakened it. The things you buy as a consumer are better and cheaper than they used to be thanks to the free market. College loans being backed by the government leaves free money on the table for colleges to grab up, and they'd be stupid not to...
@MsAlain28
@MsAlain28 5 жыл бұрын
The real problem is that colleges charge extra money so they can dissipate it in fancy gyms coliseums stadiums more unnecessary amenities just like a casino they get richer every year
@johnnym9498
@johnnym9498 5 жыл бұрын
Alain Aguilar no stupid not because of fancy gyms or expensive laboratories cuz GOVERNMENT GUARANTEES THE LOANS SO COLLEGES KNOW THEY ARE GETTING PAID REGARDLESS IF THR STUDENT IS ABLE TO PAY IT BACK
@MsAlain28
@MsAlain28 5 жыл бұрын
Johnny i I agree with that but the government takes a portion of these outrageous tuition prices that's why colleges don't pay taxes the government funds colleges and they get returns in advance and charge extra money to students
@hulabalooize
@hulabalooize 6 жыл бұрын
This is so fun to hear because I as a college student get a free education, student grand, student loan with almost 0% interest rate. With these income I can live in studio flat at the campus and eat well (the house is student unions so the amount of rent is not that big and university canteen offers affordable food). Nice to be Finnish!
@quicke5486
@quicke5486 3 жыл бұрын
"Go to College, Kids." Laughs in going to an Auto Mechanic Trade School
@rangarolls6018
@rangarolls6018 7 жыл бұрын
Go to college and get a valuable gender studies diploma
@randomfactsguy1386
@randomfactsguy1386 6 жыл бұрын
No, just no.
@knightwing5169
@knightwing5169 6 жыл бұрын
RandomUglyPerson & Nasty Segul Poe's law in action.
@yourneighbour5738
@yourneighbour5738 6 жыл бұрын
ayy lmao
@WJames-nq2df
@WJames-nq2df 6 жыл бұрын
To be honest with a gender political future of wage gap paranoia and gender based employment quotas, this seems like a good bet... just hand over your soul... and your balls.
@emmabila3480
@emmabila3480 6 жыл бұрын
Ranga Rolls ROTLF
@mcarpen89
@mcarpen89 8 жыл бұрын
Many workplaces are reducing the importance of college education in their applicants. Be mindful of this. I went to college but did not graduate, and yet I am making more now than many of my classmates who did.
@BlueDragon257257
@BlueDragon257257 8 жыл бұрын
It's not all about money. Your classmate's job might be better than yours. Btw, are you American ?
@mcarpen89
@mcarpen89 8 жыл бұрын
+BlueDragon257 "better" is subjective. The video is specifically comparing college education to salary. The nature of the job was never factored into the discussion.
@sirdan357
@sirdan357 8 жыл бұрын
They might be worse too, probably a high stress job.
@alexhuerta9149
@alexhuerta9149 6 жыл бұрын
Agree 💯
@sophialw
@sophialw 6 жыл бұрын
This is so sad, I pay 8000 euro for 4 years in college in The Netherlands and in many other European countries it is free. The US needs to get it’s shit together. Everyone should be able to go to college if they want to.
@williamolsen8464
@williamolsen8464 6 жыл бұрын
In England unis cost 9 grand
@meijelly
@meijelly 5 жыл бұрын
"if they want to" LMAO you clearly don't understand how America sees that issue, were not entitled to school, we want something we have to bend over backwards to get it, my uni degree for four years will cost 60,000 NOW I can teach myself for way less which I'll probably end up doing. My dream is to illustrate, I don't necesarrily need a 4 year degreee, just depends on where I apply myself.
@SmashBrosBrawl
@SmashBrosBrawl 5 жыл бұрын
European countries also don't have a military, How about we get our shit together and leave Nato.
@OnkelJajusBahn
@OnkelJajusBahn 5 жыл бұрын
@@SmashBrosBrawl Well, apart from Liechtenstein and Iceland all european countries have a military, they just don't spend such insane amounts on it like the US does. Al lot of them are still NATO members, so just leaving NATO will not directly save you money.
@lad458
@lad458 3 жыл бұрын
wow u sound so much more relaxed, chill and happy in old videos actually
@chinito77
@chinito77 7 жыл бұрын
I have to disagree and say that most colleges charge too much by taking advantage of the mindset that a college degree will get you a high paying job. America also has a bad mentality of letting people take whatever the hell they want vs putting up a list of professional jobs that are in short demand. Let me explain this. America needs more doctors, hence why we have a ton of people from India and China as your doctor. American needs more computer programers, hence why you have a ton of people from India and China. America needs...you get the point right? Other people have the right idea by filling in the jobs that we need but people here want to be artist, musicians, and entertainers which is fine, but you don't need to go to college to do this. Go to college to specialize in a trade, not because you want to find your inner self talent. I got into computers and completed no college. I did about 5 years of IT and then managed several help desks for a few years. My salary has been in the high 90s range, all without a degree. Things changed recently and now just about every company out there wants a bachelors degree at a minimum if you want to be an IT manager. Therefore, I am stuck from moving into another management position unless I go back to college and "invest" 40~50K and 4 years of my life just for a piece of paper stating that I can do the job that I have been doing for years. Until colleges get cheaper, or even better, allow you pick the classes that YOU want, it's just money down the drain unless you get a high paying professional job like doctors, engineers, etc.
@chinito77
@chinito77 7 жыл бұрын
LOL, that won't work for most jobs. The high paying jobs in government and most industries need proof before you can start the job.
@theyruinedyoutubeagain
@theyruinedyoutubeagain 7 жыл бұрын
> High-paying jobs > in government wat
@PurpleYoshiEgg
@PurpleYoshiEgg 7 жыл бұрын
Politicians?
@gophop
@gophop 7 жыл бұрын
Andrei Simionescu -- Are you from the US? Government jobs pay pretty well here. Great benefits and retirement. Almost impossible to get fired or replaced.
@PurpleYoshiEgg
@PurpleYoshiEgg 7 жыл бұрын
BoTheMasterOFAll you okay fam??
@joshtiner7068
@joshtiner7068 7 жыл бұрын
College is great, but not for everybody. Don't brainwash people into thinking they need to go to college because it is not the right option for everybody.
@blaszlob13
@blaszlob13 6 жыл бұрын
It's still the right option for most. Those who are meant to succeed without college probably won't be deterred by this video from doing so.
@dearman1954
@dearman1954 6 жыл бұрын
Right you are. Not everyone is college material.
@evanjakovlic5410
@evanjakovlic5410 6 жыл бұрын
Josh Tiner thank you
@colin-campbell
@colin-campbell 5 жыл бұрын
And miss out on half a million bucks? Suuuure thing Josh.
@setsaimu
@setsaimu 5 жыл бұрын
It’s the best option. You don’t see anyone (except for athletes) who live very successful lives without a college degree. If you wanna make a difference in the world, college is the only way. Not going to college can make you very ignorant about the world around you. College should be for everybody
@MikeFeit
@MikeFeit 6 жыл бұрын
I live in Germany and I find college costing so much is ridiculous.
@vanessavenkov6668
@vanessavenkov6668 5 жыл бұрын
The real reason it costs so much is that of government-backed student loans which encourages anybody to take out non-defaultable loans from the government to pay college tuition. So colleges get guaranteed money and can increase their prices because no matter what they can keep getting government money from students with no consequences. And the students are left to pay the tab. This video completely misses the point. He also fails to distinguish the value of one degree from another, like that of an engineering degree to a liberal arts degree. Similar in price in some places, but one gets you a job, and the other one makes you extra qualified to become a subway employee.
@ethancohen12
@ethancohen12 2 жыл бұрын
The college experience is for those who have money, while the country creates a culture that shames those who don’t get a degree…
@ratatataraxia
@ratatataraxia 7 жыл бұрын
For most people, college just isn't an option, and it pisses me off when people say things like, college is the most important thing you can do. The phrase should be, college is the most important thing "some of" you can do. Otherwise your leaving out all the people in the world who have no choice but to self educate, as if your not even bothering to include us in your audience.
@salt5605
@salt5605 6 жыл бұрын
Mark Nicholson Yet you can automatically be accepted into college purely on grades or a scholarship. It doesnt need money just a hell of a ton of dedication and a strong will. My Uncle did the same a while back, went there based on grades. So anyone can go, its just that you have certain conditions for certain situations.
@Jack.Strait
@Jack.Strait 6 жыл бұрын
Great grades will get you huge scholarships. So if college isn't an option, I don't feel much pity.
@orangeradishneo
@orangeradishneo 6 жыл бұрын
i think they should replace that term with "gaining skills" because this anger towards education in the comments is pretty, sad. Canadians don't see college as something you NEED to do, but if you're lost, have no idea what skills you need to gain in order to be able to enter the workforce for your field, then school can help a lot. for most college programs it's less than $15,000 for the whole program, so it's a worth while investment (shit i was making $10,000 a year at minimum wage at $10/hr at the time, working part time at a department store in high school, so here that isn't a lot of money, it'll take a few years to pay back) i've had shit grades all throughout school. barely got the minimum amount of volunteer hours needed to graduate, i wasn't in any clubs, no awards... i've been accepted into all 10 programs i've applied to (and about 3-4 different schools, you don't get accepted into the school you apply to the program) and we don't really have "fancy" ivy league schools. the top schools in Canada cost nearly as much for tuition as some of the lesser-known universities. in college, you just choose what program you want and then chose the school based on if it's available. the culture in America towards post-secondary education needs to change completely. gotta start valuating experience, and skill building rather than just gaining degrees. in college i'm actually DOING things i'll be doing as a graphic designer, creating menus, logos, brochures, t shirts, posters, flyers, illustrations, branding design, making magazines and designing books, having them printed, learning about the printing process and the little things like embeding your fonts when sending to a trade printer... we learn how you need to design with clients (i.e not spending hours on a sketch, because it costs money which clients don't like, or using screenshots to show examples of photos instead of paying for a photo) we've gone through and created files for billboards, car decals, enamel pins... and i'm still in first year.
@setsaimu
@setsaimu 5 жыл бұрын
No it’s the most important for everybody. You wouldn’t be a very useful person if you didn’t have a college degree. People who choose not to go to college (not the people who can’t) because “it’s not for them” are very delusional and are going down a very bad road
@Crunch_Buttsteak
@Crunch_Buttsteak 5 жыл бұрын
Seth Mutenda Why are you pushing college on people?
@nanchoparty
@nanchoparty 7 жыл бұрын
"Go to college. You have no other choice" K.
@aayushdesai3259
@aayushdesai3259 6 жыл бұрын
Nancho Party *WRONG*
@blaszlob13
@blaszlob13 6 жыл бұрын
He didn't say that.
@tateprevailsYT
@tateprevailsYT 6 жыл бұрын
That's not how you use quotation marks.
@Hawtload
@Hawtload 4 жыл бұрын
I went to a university, followed by two different trade schools. I could have just done the last trade school and saved a ton of time and money
@Bill_Woo
@Bill_Woo 4 жыл бұрын
If only everyone would follow that obviously correct advice. Unfortunately, student loans mask their rationality. And then when that investment goes tits up, people want OTHERS (who worked at a car wash in college instead of huge financing) to pay for their mistake. I hope you are honorable and don't fall in that camp.
@SouravBagchigoogleplus
@SouravBagchigoogleplus 6 жыл бұрын
WTF! Don't government bear the education expenses in the USA? Where do all taxes go? Do the USA spend all money in Defence?
@NotBen101
@NotBen101 8 жыл бұрын
If I couldn't afford college then I would've went to trade school
@Rannos22
@Rannos22 8 жыл бұрын
Yeah people don't seem to get that you can go to a tech school or trade school and get a degree for almost nothing in comparison to a college degree. Almost you're far more likely to get a job with an associates in accounting than a bachelor's in gender studies.
@Slizzard73
@Slizzard73 8 жыл бұрын
Yes. This is by far the best alternative to college if it's not a good fit for you.
@NotBen101
@NotBen101 8 жыл бұрын
Got good grades in an accounting program at a good business school and people who are supporting me with the bills. I'd say its pretty good.
@verynick
@verynick 8 жыл бұрын
"I would have GONE to trade school." That is why you go to college.
@NotBen101
@NotBen101 8 жыл бұрын
no I go to college to learn accounting rules and procedures.
@TheFightingSheep
@TheFightingSheep 7 жыл бұрын
How many kids graduate college and never find a job in their field. End up flipping burgers working two jobs trying to pay off the student loans while still living with their parents well into their thirties? That's right, because it's a very different job market out there. Why college is expensive? Because for most graduates the degree they get will never pay for itself, if they even graduate at all, the demand in the job market just isn't there.
@ChefofWar33
@ChefofWar33 6 жыл бұрын
That's because the only majors that actually guarantee a job is STEM. And a majority of people are either too stupid or too lazy for them.
@mightza3781
@mightza3781 6 жыл бұрын
Nowadays, even STEM don't guarantee a job. Job search is tough. The Census Bureau reports that only 26% of people with any type of four-year STEM degree are working in a STEM field. For those with a degree specifically in computer science, math or statistics, the figure is 49%, nearly the same for engineering degrees.
@tateprevailsYT
@tateprevailsYT 6 жыл бұрын
Apatthetic Man there is always a demand for people in the STEM field. Even if companies are not constantly hiring people in that area, they can easily do free-lance stuff or work on private projects / be self-employed (at least as an engeneer, you won't ever be out of a job in the next decades guaranteed)
@yt_nh9347
@yt_nh9347 3 жыл бұрын
@@mightza3781 *laughs in 200k engineering salary*
@mltnetwork
@mltnetwork 2 жыл бұрын
Great video and information ...thank you!!!
@Roccoand16films
@Roccoand16films 6 жыл бұрын
LMAO "college is not that expensive because people get grants"
@Dave_thenerd
@Dave_thenerd 7 жыл бұрын
This video does not explain why College is much less expensive in other countries such as in Canada where I am studying at Fanshawe College in London and am enrolled in a 2-year diploma program which is going to cost me about $10,000.00 CND ($7388.63 USD) total, not to mention the very low-interest student loans which in fact do not even start accruing interest until 10 years after the study period is completed! Also many people including myself qualify for (sometimes hefty) government grants to incentivize low-income families to send their kids to college and help improve the economy by educating more people while also drastically lowering the poverty rate. Physically disabled people can also qualify for generous grants which leads to more disabled people being employed easing any perceived financial burdens to the state while making disabled people more independent and productive. And yet, I feel my College education is of equal or greater quality than most available in the USA. In addition, Canadian colleges do not skimp on the amenities or the architecture or the sports or anything that makes college a joy to attend. So why in god's name does US College cost more than 3 times what you might pay in Canada and more than 4 times what you might pay in Europe? In fact many European countries have FREE College all you need is legal citizenship to qualify for it!
@BT-ex7ko
@BT-ex7ko 7 жыл бұрын
one of the other things I didn't really like is that they focused on the average tuition of US college/University but then used huge schools for every other example. Most of the large private schools you can end up paying upwards of $60k+ a year. It also didn't talk about school provided transportation or Housing either, which can be enormously inflated in price then private housing and public transport in the area. Often times a 1 room school dorm is more expensive than nearby apartments. Also speaking of grants, being low income while going to school I was able to apply for grants in the US, but depending on how they are applied, they usually count as income tax and I had to pay back a large portion of them back in taxes those years so it felt like I really wasn't actually getting that much towards my education. Also interesting enough, my field of study required me to attend classes at two schools, but due to some legal requirements the other school did not meet, I was not able to apply for school loans for those and had to take private loans to pay for those classes.
@grumpydusty
@grumpydusty 7 жыл бұрын
if Fanshawe could stop emailing me that'd be great.
@jen4394
@jen4394 7 жыл бұрын
Everybody pays taxes, but in the US you are stupid enough to pay extra for everything.
@taz874
@taz874 7 жыл бұрын
technically nothing is free. the reason it is say cheaper in countries such as canada may be wages are lower or maybe building costs are cheaper etc. and also depends how much the government subsideses it. and in countries where it is free well the tuition is coming out of your taxes although tbf that is probably a far better option.
@mmutch7575
@mmutch7575 6 жыл бұрын
First off, as a public college, the actual cost of tuition would be cheaper than at a university due to different staffing needs. Second, in Ontario the majority (over 50%) of tuition is subsidised by the government. Look at the tuition for foreign students, it's usually at least double.
@robinsteiner9961
@robinsteiner9961 7 жыл бұрын
I usually like Wendover Productions videos, but this one I didn't. The idea that universities need to appeal differently to students because 'millennials' are entitled is bogus. There are real structural differences between how universities today work and how universities in the 1970s and 80s worked that are not reducible to essentialistic claims about how a 'generation' acts. Things like the development of cheaper domestic travel, the US News and World Report algorithm-based university ranking system, the erosion of the tenure system, and a reimagining of the university as a business providing a product (education) to consumers (students) have all changed the way universities operate. A better analysis would explore these concrete issues and not rely on specious unprovable claims about generation-based characteristics.
@duckquack6838
@duckquack6838 5 жыл бұрын
I found this one to be misleading and too opinionated compared to the rest of his videos
@michaeltilyayeva1211
@michaeltilyayeva1211 5 жыл бұрын
I agree with you
@williamfischer4917
@williamfischer4917 5 жыл бұрын
The way he starts with an average 6-figure salary for private college professors is terribly, terribly misleading. The vast, vast majority of people teaching college classes make nowhere near the 126k he cites.
@isaacfoote6589
@isaacfoote6589 4 жыл бұрын
Sameeeee!!!!!!!!
@24sell
@24sell 7 жыл бұрын
in europe we have free collage
@FuzzyFace73
@FuzzyFace73 5 жыл бұрын
Maybe you get what you pay for? A collage is very arty, but probably doesn't help you as much as, say, *college* does
@danielkazi1366
@danielkazi1366 5 жыл бұрын
nope you pay for it in taxes when you grow up still better then student loans
@isaacfoote6589
@isaacfoote6589 4 жыл бұрын
Thre is no free college. The people of your nation pay for it though inflation and the de-valuing of your currency. Think of this like a hidden tax on every citizen
@moyndebs6759
@moyndebs6759 4 жыл бұрын
Shit I'm African how does this make me feel 💔😥🤣👍
@Pop101aka
@Pop101aka 4 жыл бұрын
there's no such thing as a free lunch
@cleokey
@cleokey Жыл бұрын
When I was in UC system during 60's it was $15 per unit, one book was generally all that was needed per class. Second, there were far fewer ladder type courses, example class "A" is now "A,B,C &D". Students are being "farmed" by the education system. Simply and get more people employable.
@yaxl
@yaxl 7 жыл бұрын
not everyone "needs" college education. there are apprenticeship schemes, journalism grants, continuing education. that being said, there should be some sort of fee cap for college education.
@aerialfordays
@aerialfordays 7 жыл бұрын
You either need a college education or a lot of work experience. Otherwise, you might be working a lot at fast food chains unless you get really lucky.
@JohnDoe-mm6kj
@JohnDoe-mm6kj 7 жыл бұрын
*lot of work experience* No... you don't need a *lot* of work experience, you just need the experience and skills needed within your chosen profession. Going to University or College doesn't really give this whereas apprenticeships for an example does. That's why graduates struggle to find jobs after finishing going to University. They lack work experience and skills. Moreover, after a few years working in your profession, nobody will look at your qualifications including your degree because of your work experience. The problem is people are being sucked into thinking going to University is the norm and the way forward when in reality it isn't.
@BoTheMasterOFAll
@BoTheMasterOFAll 7 жыл бұрын
How about SHUT THE FUCK UP MORE LAWS MAKES IT WORSE
@JohnDoe-mm6kj
@JohnDoe-mm6kj 7 жыл бұрын
BoTheMasterOFAll We were not discussing laws...
@saltyman7888
@saltyman7888 7 жыл бұрын
price ceilings never work.
@Thomas-hx9ky
@Thomas-hx9ky 7 жыл бұрын
College in Norway is free! *Then again the average 100 square meter house nowadays goes for 1.15 million USD, so it kind of evens out.*
@Thomas-hx9ky
@Thomas-hx9ky 7 жыл бұрын
Ohioan Mapping Where did I say that?
@vanessavenkov6668
@vanessavenkov6668 5 жыл бұрын
​@@Thomas-hx9ky You said college is free. Think about what free means, then rethink whether or not college in Denmark fits that definition.
@richgerow3472
@richgerow3472 2 жыл бұрын
@@THANKYOUBASEDG0D I'd way rather pay taxes to fund college than to incur $100,000-plus-interest in student-loan debt. It ends up being less expensive and more efficient when the system is fully subsidized through taxes. I'd way rather have universities be run with taxes as a function of the state rather than have its price tag continually increase astronomically because it's run like a corporation.
@bganbesfien
@bganbesfien 2 жыл бұрын
@@vanessavenkov6668 Sorry I am quite dumb, could you kindly confirm if that's to say college in Denmark is free like most colleges in Deutschland?
@davidmei3702
@davidmei3702 5 жыл бұрын
I Really Appreciate this channel, I actually feel like I’m being informed with actuate information. Unlike other KZbin videos “cough” “cough”.
@RH-vr7cs
@RH-vr7cs 4 жыл бұрын
My son finished dental school and his tuition was around 300,000. If I do not help him paying back this amount with the interest rate, he needs at least 10 years to pay it back. As a new employee to a dental clinic he takes only 30% of what he works ( the 70% is overhead). Most insurances do not pay for dental work especially Medicaid.If I do not help him, when he can buy a car or a house etc..Our government is giving away billions of dollars to " friendly " countries while our students are in financial trouble. To be admitted to a dental school, you must be highly competitive and has a Bachelor degree in addition to Masters in a related subject. To finish Dental school you need at least 10-12 years of education in addition to a field specialty. If you work for 12 years in addition to another 10 years ( to pay your student loans ) =total 22 years of your life had gone without making any money. Better go to a tech school and be a plumber, or Heating and cooling tech school and you open your own business. Education is not profitable financially as it was before.
@hereLiesThisTroper
@hereLiesThisTroper 7 жыл бұрын
so how does one apply "Gender Studies" to the workforce?
@Trident_Euclid
@Trident_Euclid 7 жыл бұрын
hereLiesThisTroper Humongous wat?
@hereLiesThisTroper
@hereLiesThisTroper 7 жыл бұрын
Ibraheem Al hadede Hugh Mungus
@johnathanwright2126
@johnathanwright2126 7 жыл бұрын
Blank guy's a savage...
@hereLiesThisTroper
@hereLiesThisTroper 7 жыл бұрын
Johnathan Wright Savage indeed
@braith117
@braith117 7 жыл бұрын
Go to college for it long enough to get a doctorate then browbeat some university or another into hiring you. Once you get tenure you have free reign to demand more funding, most of which will go to you personally, so that the university can appear to be more 'diverse.' Bonus points if you're a non-white, non-asian person.
@PastTime777
@PastTime777 8 жыл бұрын
College is an extension of high school these days. Most of the classes are weed out, designed to flunk everyone. These classes are Calculus, Chemistry, and Biology. If you are in high school reading this, be sure to take these classes now for college credit. Also, the way to reduce tuition is to attend a Public State university, not private, and to attend in the state you live. If you get straight A's in high school, you will also get a scholarship of some kind. Most high school kids don't realize this until 11th or 12th grade, and by then it's too late to get that GPA up.
@vansa14
@vansa14 8 жыл бұрын
I have a 4.0. I got one scholarship and it doesn't even cover 1/5 of my PUBLIC school tuition. Don't expect your scholarship to be much even if you do get good grades.
@kingcrimson3073
@kingcrimson3073 8 жыл бұрын
good advice but lmfao every class is a weed out class
@KP-by4eu
@KP-by4eu 7 жыл бұрын
if a class is designed to "weed out" students, you will NOT be able to do it in high school. Calc 2 is HARDLY a weed out class, for STEM, it's mostly physics(which you can't do for credits in high school ), quantum mechanics, differential equations. Same thing with Chem/bio. The chem/bio you can take care of in high school are introductory courses, which are not difficult at all. If you consider those weed out courses, you probably have no idea what you're doing in college. However, you should still take these AP tests for elective college credits, which will help you get earlier enrollment windows. The scholarship thing is also important. do scholarship essays. Many people think these are hard, but if you do the lower grant ones (500$ - 3000$), it's much easier, sometimes you're only competing with maybe 5-10 people. my friend spent roughly 4 hours doing essays for 3 scholarship, and he got 1 grant of 2500$. And ofc keep your GPA up because let's face it nowadays, 4.2 GPAs are considered average for mid-tier universities.
@ubertube5308
@ubertube5308 7 жыл бұрын
All those classes are required in my school to pass highschool
@ubertube5308
@ubertube5308 7 жыл бұрын
+Khoi Pham You don't know what you're talking about. 4.2 for an average school lmao. Pls escape the fake world and look at the real world. My fucking bro got in MIT with a 4, of schools did that they would all get under paid and be shut down.
@BinaryRex18
@BinaryRex18 6 күн бұрын
Over here in India, my college costs $2600 per annum (American dollars), which would be considered expensive in India but maybe not so much in usa.
@mark-madison
@mark-madison 2 жыл бұрын
very good video. concise, clear, accurate.
@AYOkten-vc3xo
@AYOkten-vc3xo 7 жыл бұрын
go to college in europe
@TheBonzobonzo
@TheBonzobonzo 7 жыл бұрын
You won't get far if you don't know what to call it here lol
@memesalad1278
@memesalad1278 7 жыл бұрын
your profile pic is john oliver isn't it
@AYOkten-vc3xo
@AYOkten-vc3xo 7 жыл бұрын
Timmy No Thumbs yep
@memesalad1278
@memesalad1278 7 жыл бұрын
Utilite R love it man
@TheFlyinSquid
@TheFlyinSquid 7 жыл бұрын
I would apply as a refugee from the 2016 election but apparently they dont like them
@TheNoerdy
@TheNoerdy 8 жыл бұрын
Congrats for your audible sponsorship!
@mltnetwork
@mltnetwork 2 жыл бұрын
I have a better understanding of this!! I was trying to understand where the value is added for cost of education going up.
@laapapapa6388
@laapapapa6388 6 жыл бұрын
I live in Finland and my whole education is completely free!
@btryx9378
@btryx9378 3 жыл бұрын
Same here in hungary. You have to get good enough grades tho. Otherwise it does cost. I study computer science and if you can't get good enough grades for the state supported thing, you have to pay 285k huf a semester which is around 950 dollars. But if you get your average back up the next year, it's free again.
@tanojiro
@tanojiro 3 жыл бұрын
No, taxes. Here in Brazil it is "free" too.
@cakeisyummy5755
@cakeisyummy5755 3 жыл бұрын
@@tanojiro Taxes > Debt.
@bassie19966
@bassie19966 7 жыл бұрын
I live in holland and here college costs only 10.000 euro per year(11.000 dollars), but as a student you only need to pay 2000 euro(2200 dollar), the state pays the rest for you. And besides that, you can also loan from the state around 12.000 euro(13.200 dollar) a year at 0.1% interest, and you only need to pay that back when you start working, so if your unemployed your whole life, you never need to pay it back (and banks and other loan providers cant take student loans into account when you want to buy a house and need a loan). And if thats not enough you can also get another 3000 euro a year (3300 dollar) if your parents are poor and you are studying. And students use on average 11.000 euro per year (12.100 dollar) to study all together, so everyone can study without debt issues. And I dont get why american college is so expensive, we've got some great universities in holland, but per student it costs almost 3 times less. Of course the US has some of the best universities but those also cost a lot more to go to, i believe harvard costs more then 70.000 dollars a year, and compared the average university in the US the Dutch universities are just as good, but much cheaper.
@taz874
@taz874 7 жыл бұрын
i think the best system is not where its not totally free but where the government atleast subsidizes some of the cost. so like some of the tuition comes out of taxes and students can pay the remainder
@wokeeye6441
@wokeeye6441 6 жыл бұрын
Bas Klein the right wing hates government subsidies.
@skep9169
@skep9169 6 жыл бұрын
Ah Socalism
@wokeeye6441
@wokeeye6441 6 жыл бұрын
Skep. Socialism in education only. Busnessmen not allowed.
@urban988
@urban988 6 жыл бұрын
Well. I live in Slovenia. Here the student pays the administrative cost of 85€ per year + tax. The rest is porvided by the goverment. Two things to notice. A lot of people go to collage becouse they can work as students. They don't finish the collage and that becomes a problem for them (no good education) and the goverment that pays your tuition. The second problem is that there is a shortage of people that work on manual jobs. For example I'm an architect. There is a shortage of electricians, plumbers, etc. so they have a bigger salary that me... supply and demand...
@callmeswivelhips8229
@callmeswivelhips8229 8 жыл бұрын
I have a college degree with no debt, yet I'm still just a dishwasher. $500,000? Really?
@BeastinlosersHD
@BeastinlosersHD 8 жыл бұрын
What degree?
@starrychloe
@starrychloe 8 жыл бұрын
Yeah, what degree? Are you applying to jobs 8 hours per day? Because applying to jobs should be your full time job until you get one. You should be applying to at least 8-10 jobs per day, but more like 50-100.
@callmeswivelhips8229
@callmeswivelhips8229 8 жыл бұрын
Kinesiology. Who applies for 100 jobs a day? Trolling much?
@BeastinlosersHD
@BeastinlosersHD 8 жыл бұрын
Call Me Swivel Hips maybe you should work in the research field
@starrychloe
@starrychloe 8 жыл бұрын
8h / 5m/application = 96 jobs per day.
@ginginite
@ginginite 6 жыл бұрын
Glad you noted the overbloated admin - but you should also have mentioned the ridiculous use of adjuncts (no tenure, paid peanuts) to allow even more money to flow to sports and senior admin.
@ziruihao2574
@ziruihao2574 6 жыл бұрын
The BIG question is not why college tuition is so HIGH today, but why it was so LOW a few decades ago.
@AndrewCholakian
@AndrewCholakian 7 жыл бұрын
I'm skeptical of the conclusion here. Sure college graduates make more, but is this just selection bias? I can't imagine that there would be a study design that could possibly control for this.
@BangMaster96
@BangMaster96 7 жыл бұрын
College is still a scam For example, Private Universities are expensive as shit, but you graduate faster Public Universities, for the Middle Class Students, are still expensive as shit, and takes average 4 years to graduate. The reason behind this is that Universities require all students to take General Education Courses, which are completely useless, and full of shit that i already took in School. They require at least 80 Units of GE courses, and its not like you can skip them, if you don't take them, you don't graduate, and you still have to pay for those GE Courses While it would be much more cheaper, and faster to graduate, if Students didn't have to take these time consuming bull shit GE courses, and directly take the courses required for their major. Companies don't give a shit if you took Art, or Psychology or Philosophy, they only care about the Major Related Courses that you took and how well you did in them. So why the fuck are we forced to pay, and take years of GE courses, when we can take our Major courses directly and graduate in less than 4 years its truly just a fucking scam
@williamlucas4656
@williamlucas4656 7 жыл бұрын
Sunny shah if you were so smart you know you could test out of all of those general education courses and skip a year with credit. Every accredited university requires an equivalent amount of hours for a subject major and minor.
@chickenstrangler3826
@chickenstrangler3826 7 жыл бұрын
There is boot camps for programming (web development, data scientist, programmer for video games, etc) for no more than 18,000 (18,000 being the most expensive) for jobs that pay at least 65,000.
@zRhid
@zRhid 7 жыл бұрын
As a white middle class male, college is expensive as fuck because I dont get grants and scholarships like other ethnic groups.
@FALprofessional
@FALprofessional 7 жыл бұрын
Academic scholarships. Just saying.
@medicat6494
@medicat6494 7 жыл бұрын
Being able to test out of all those courses doesn't fix the underlying problem that these are useless courses to begin with, and if you haven't devoted time and energy to them then they will continue to take more. It's unnecessary to add that extra step. When we devote our resources to irrelevant tasks instead of learning what's useful and important, we lose productivity and efficiency.
@superduper9725
@superduper9725 6 жыл бұрын
I feel for my fellow students in the US. My annual tuition fees in South Africa when I was a full-time student were around $3500. Now, as a part-time student I'm paying $1000.
@Secretsofsociety
@Secretsofsociety 6 жыл бұрын
UMUC is a accredited state school that offers minimum services. Yes, the classes are mostly online. Yes, you have to teach yourself by reading and doing the activities. Yes, only 8% of student who go there graduate. Obviously this school doesn't work for everyone, but it is a great value if you can do it.
@k-panga
@k-panga 8 жыл бұрын
You know you are doing good videos when there are mostly likes. Keep going, don't stop doing this amazing videos. Something i would like to say also is that i don t understand why there are no public universities, like Europe or Argentina. I am studying electromechanical engineering and i only have to pay for my department and food, which is also funded by the state, being something of 80 cents for a full meal. If a country like us can do it, i don t get why a country like USA cant. Greetings from Argentina!
@Stanimir7
@Stanimir7 8 жыл бұрын
The reason USA can't do it is because they are preoccupied spending over half of their budget on killing people(a.k.a. military), rather than improving the lives of people.
@offchance789
@offchance789 8 жыл бұрын
USA spends $600 billion on the military, but their socialist benefit programs account for $2.5 trillion out of $3.8 trillion total budget. The USA could definitely invest more in death if it wanted
@offchance789
@offchance789 8 жыл бұрын
oh yeah I don't disagree there, USA defense spending is bloated. accountability is little enforced
@hluengas
@hluengas 8 жыл бұрын
yes we spend too much on defense, but it's closer to 15% of the budget not 50%
@Stanimir7
@Stanimir7 8 жыл бұрын
I'm sorry I did not clarify, yes military spending is close to 16% of the total budget, but that makes up over 50% of the discretionary spending. I was referring to the discretionary part.
@pereiramariana35
@pereiramariana35 7 жыл бұрын
in america you pay to go to college, in good coutries you get paid to go to collge, or pay very little for that
@pereiramariana35
@pereiramariana35 7 жыл бұрын
Bob as if you dont pay taxes and still have to pay a fortune for college. do you not know that having everyone contribute a bit everyone gets a better quality of life? at least our taxes go to pay for usefull things for society, while yours go to fund wars and for profit companies that socialize their losses but privatize their profits. by your logic do you think the toilet paper in public bathrooms is free? you pay that in taxes, but of course you are free to buy it in bulk and use it all to yourself, it wont be cheaper for you and your screwing others of it, but at least its yours and you payed in total for it at one time. Is it all that much better for you? IDIOT
@eternalcrusade7499
@eternalcrusade7499 7 жыл бұрын
"good countries"
@pereiramariana35
@pereiramariana35 7 жыл бұрын
Eternal Crusade FORGOT THE N, OH MY GODDDD!!!!
@tauceti9607
@tauceti9607 7 жыл бұрын
in "good countries" you pay for college for all your life in forms of very high taxes even if you don't go there
@pereiramariana35
@pereiramariana35 7 жыл бұрын
Kim Holl you also pay for roads even if you dont use them, you pay the police salaries even if they just end up shooting your ass in the USA, whats your point?
@cebukid70
@cebukid70 3 жыл бұрын
"Your Mom goes to college. " - Kip Dynamite, 2004
@BrendanRiley
@BrendanRiley 6 жыл бұрын
Buildings are capital expenses and not on the operating budget (except heating/cooling etc.), so typically the building argument for high tuition doesn't stack up. Usually buildings will receive large private donations or one-off grants from government for funding.
@rashidblargh
@rashidblargh 8 жыл бұрын
When I heard about a sponsorship at the end, I was worried this vid was just shilling for a particular University. Turned to just be audible.
@rickpennisympaticoca
@rickpennisympaticoca 7 жыл бұрын
Free university in Slovenia
@GreenMcGeek
@GreenMcGeek 7 жыл бұрын
and here
@rickpennisympaticoca
@rickpennisympaticoca 7 жыл бұрын
where?
@GreenMcGeek
@GreenMcGeek 7 жыл бұрын
Scotland!
@grantcivyt
@grantcivyt 7 жыл бұрын
+Rick Gardiner Nothing's free. What you mean is that the people that are not in university pay for the people that are. I have a few questions if you have time to answer: 1. How is it decided who goes to university and who doesn't? 2. How do you keep people from just choosing easy subjects instead of harder ones that might be more in demand in the country? 3. Are there good job opportunities for graduates in Slovenia? Thanks in advance. :)
@rickpennisympaticoca
@rickpennisympaticoca 7 жыл бұрын
1 i assume that the way you get into the schools is to be better grade wise than the rest of the country. 2 dont know the answer 3 they have free university for everyone Americans included my plan is to go there, study, and come back to Canada and get a job here
@imopman
@imopman 2 жыл бұрын
One University fired 12 Janitors( out of a staff of 48 total ) with a salary of $21,000 ( total = $252,000 ) a year and hired an administrator with two assistants to " supervise " the Janitorial staff ( the claim was they would find more efficient ways to do the same cleaning with fewer cleaners ). The new Facilities management Supervisor had a salary of $120,000 and each of his assistants had a salary of $66,000 dollars ( total = $252,000 ) . After about 2 years it was decided that they needed to add 10 janitorial positions since the buildings could not be kept clean and added one more administrative assistant . The number of administrative positions in every department has swollen to such a level that the administrative costs exceeds the costs of all other staffs combined including professors .
@Miguelcortes87
@Miguelcortes87 5 жыл бұрын
Very well played sir
@anonharingenamn
@anonharingenamn 8 жыл бұрын
But wait, why are there cooks and stuff? Do people at college in the US get lunch for "free"?
@KatNipper8745
@KatNipper8745 8 жыл бұрын
nah, they either buy a meal plan or pay for meals individually.
@timgeurts
@timgeurts 8 жыл бұрын
Yes, and its unhealthy so they get fat.
@anonharingenamn
@anonharingenamn 8 жыл бұрын
***** bizarre
@imaginyou4
@imaginyou4 8 жыл бұрын
What fucking college do you go to? ON campus alone for me has like 11/30 restaurants as healthy restaurants. (The eat green shit)
@imaginyou4
@imaginyou4 8 жыл бұрын
Must vary college to college because that's not how it works at my Uni.
@Jay-jj9gh
@Jay-jj9gh 7 жыл бұрын
I was born in 2000, so according to that guy, I'm a millennial? Pretty sure I'm a founder.
@walrus3071
@walrus3071 4 жыл бұрын
You're gen z, I'm not sure why it says this
@naleek12
@naleek12 6 жыл бұрын
Where I come from, most college are paid for by the state. Next year my college will cost 100 to 300$ for the entire year (I don't remember if this includes meals)
@AlejandroGonzalez-wo5fk
@AlejandroGonzalez-wo5fk 3 жыл бұрын
Also, the cost for making buildings can vary a lot if it's a public or a private college, being that the public sector tends to waste more money making buildings than the private sector
@princeshezy007
@princeshezy007 8 жыл бұрын
My parents paid 4500 dollars in total for my bachelors in engineering degree. I got a pretty good score and I am currently getting my masters degree fully sponsored by my university. I plan to complete my PhD there too and I'll get a monthly stipend of 800 dollars. It will cover my living expenses since the cost of living in my country is pretty low. My friend on the other hand completed his bachelors degree with state funded scholarship for minorities. Then he went to the US for his masters degree which cost him more than 12000 dollars just get the admission. Then every semester if he keeps his grades up he gets his next semsters fees paid by university. But that doesn't cover his living expenses so he has to work at local stores just for food and rent. I hope someday education is free for all and instead of pouring countless dollars in weapons we could help educate our future generations.
@jerseyjacket100
@jerseyjacket100 8 жыл бұрын
Pretty nice story, well done!
@andrewd4413
@andrewd4413 8 жыл бұрын
disgusting that people get scholarships just because of their race
@andrewd4413
@andrewd4413 8 жыл бұрын
Ph.Ds aren't usually a good investment compared to getting a Master's degree in which the pay is not much better.
@rickson50
@rickson50 8 жыл бұрын
your friend get's payed for being a minority? He gets payed for being born a special race or what?
@andrewd4413
@andrewd4413 8 жыл бұрын
+rickson50 IKR it's just plain racism and no one is stopping it.
@jaiguru9538
@jaiguru9538 7 жыл бұрын
Your channel is nothing but wealth apologetics. The answer is not complicated: Privatized, for profit greed.
@nickclark18
@nickclark18 7 жыл бұрын
you tell him bro
@robot9240
@robot9240 7 жыл бұрын
You : Lazy child who thinks he/she deserves everything for nothing.
@saltyman7888
@saltyman7888 7 жыл бұрын
yeah, because public services in china and venezuela are so good.
@latinowhiteboy1
@latinowhiteboy1 7 жыл бұрын
Jai Guru yea greed is good it's what made U.S rich, it's human nature to be greedy
@saltyman7888
@saltyman7888 7 жыл бұрын
did you vote for sanders?
@pleiadeshaveset
@pleiadeshaveset 5 жыл бұрын
isn't the 25k dollars per semester I will have to pay for college enough to pay for all of these?
@rockwithyou2006
@rockwithyou2006 3 жыл бұрын
its far more than enough. the video is stupid. student loans are the main reason for high fee.
@goji5887
@goji5887 5 жыл бұрын
0:50 daaaaaaamn, professors be stackin boi
@6Oko6Demona6
@6Oko6Demona6 7 жыл бұрын
this film didn't answer the question why college is three times more expensive than in 1980'. professors, maintenance stuff and buildings where needed then as well as they're needed now. inflation should have salaries growth covered, so what it is?
@ChefofWar33
@ChefofWar33 6 жыл бұрын
Supply and demand at work. More people want something, the price increases. This is simple economics.
@stephenshuman1
@stephenshuman1 6 жыл бұрын
I think it’s the fact that government is guaranteeing student loans. The loan businesses give the student loans to the student. The student goes to college hoping to get a job after college. If the student doesent get a job and has to skip payments and ends up defaulting, the government ends up bailing out the insurance companies and the student is stuck with the debt . Colleges know this and can raise their tuition knowing that the government will bail out the insurance companies. It’s like free money for them.
@jimster1111
@jimster1111 7 жыл бұрын
go to a trade school. in a few years ill be making 25-30$ an hour as a journeyman electrician.
@Yonkage
@Yonkage 7 жыл бұрын
And in 50 years you'll need both knees replaced.
@empireoftruth3291
@empireoftruth3291 7 жыл бұрын
lol say you get out of trade school at 20 and add 50 years. Its better to be dead than 70.
@jimster1111
@jimster1111 7 жыл бұрын
play your cards right and you can retire in 20 years. retired at 40 seems like a pretty good gig.
@SlanderMoralesRamos
@SlanderMoralesRamos 5 жыл бұрын
Dont end up getting fried by some wires and end up with no face. Careful there jimi boy
@TMProjection
@TMProjection 6 жыл бұрын
i graduated with a first class degree in digital animation and production, ive been working in my field for over 5 years now, not a SINGLE client has asked me for my degree, not a SINGLE one, my portfolio speaks for itself, if youre in media guys, dont go to college / university
@sallylee4924
@sallylee4924 6 жыл бұрын
In the US, the faculty members' salaries are not 100% covered by students' tuition. In fact only a portion of their salaries are covered by the university. The other portion of the salary comes out of the research grants they receive. This is contrasted with Canadian universities, where the faculty members receive 100% of their salaries from the university, meaning that 100% of their research grants actually go towards research.
@nick122rock
@nick122rock 7 жыл бұрын
Hahahahaha this is so funny! Because i live in Germany :D
@Rmadridista4life
@Rmadridista4life 6 жыл бұрын
Germany has different problems...
@hithere5553
@hithere5553 6 жыл бұрын
Pax Mongolia yes, completely unrelated problems that should have no bearing of free college.
@timberlineco2486
@timberlineco2486 6 жыл бұрын
How the rape crisis and that 70% tax break
@Hai9730
@Hai9730 6 жыл бұрын
Yes I am so glad to live in Germany😂 I think it should be possible for everyone to go to University. And yes there are some problems in Germany but I think you have bigger problems in USA than we have. Remember this rediculous Guy who calls himself president
@pierrespoutnik
@pierrespoutnik 6 жыл бұрын
lmao we voted for him, and we're happy with having a man with balls unlike that old hag y'all got over there
@jorgealbertobelmontguadarr3563
@jorgealbertobelmontguadarr3563 7 жыл бұрын
In Mexico I only pay $0. it's free. but not easy to get in
@dpm-jt8rj
@dpm-jt8rj 5 жыл бұрын
Interesting explanation of "Opportunity Cost" without using the opportunity cost.
@karlstrauss2330
@karlstrauss2330 2 жыл бұрын
“College is the single greatest investment you can make in your life.” This statement will become less and less true as time goes on. Big corporations like Google are no longer requiring college degrees as prerequisites for employment and the trades ate experiencing a renaissance in this country, so the number of people earning 6 figures incomes with no college degree will gradually increase every year if trends continue.
@HackersSun
@HackersSun 7 жыл бұрын
..go to college.. or drown in its debt :D provided the field you pick gets you an actual JOB
@galahad1st
@galahad1st 7 жыл бұрын
I didn't go to college. I graduated high school and am further in the black than just bout anyone from my graduating class after 10 years.
@YFZriderdude15
@YFZriderdude15 7 жыл бұрын
Further in the black? So that's bad? Damn, we got people saying go to college and people saying don't. If this isn't the hardest decision of someone's life, then I don't know what is.
@galahad1st
@galahad1st 7 жыл бұрын
It's an expression. Black ink = good. Positive on cash. As opposed to red ink = bad. Any time your funds go into the negative. It has to do with ledger keeping or something. Net worth = assets - debt. If net worth is positive, black ink. If net worth is negative, red ink. I'm saying that my net worth is positive where nearly all my friends from high school are carrying around a bunch of debt. Which means they're in the red so to speak.
@YFZriderdude15
@YFZriderdude15 7 жыл бұрын
Huh. Interesting how that's the opposite of battery terminal colors, which I am infinitely more familiar with. Black is negative and red is positive. Weeeiiirrdd.
@williamlucas4656
@williamlucas4656 7 жыл бұрын
AKmotorider150 mechanics and accountants do not speak the same language..
@kauske
@kauske 7 жыл бұрын
This is very flawed. You forgot to factor in the hideous interest rates US students pay on student loans. Even in Canada, which doesn't have fully govt funded post secondary education, it's not as expensive, and you don't get screwed fro taking out a student loan like the US. As others have mentioned, almost every other developed country has vastly cheaper post secondary education.
@PCBSLC
@PCBSLC 7 жыл бұрын
Also not factored in here are the diminishing returns created by the increased percentage of the workforce with college degrees. The more people with qualifications from secondary education, the graduate's competitive advantage in the workplace declines. There are many recent graduates who are running into this problem. There are many other factors as well; availability of jobs that pay well and considering static/falling wages in general, earning more than a HS graduate may represent a decline in overall income compared with the cost of living. To name just a few. Complicated issue. Though improving one's education has many other benefits that still make college important. I'd never argue that less education is better.
@williamlucas4656
@williamlucas4656 7 жыл бұрын
kauske What would you call "hideous" as a loan rate? Govt. has already been thoroughly chastised for 8% interest and are now to below 6%.
@kariukidennis1542
@kariukidennis1542 5 жыл бұрын
In my country we have full time student and part time students. That means that all the facilities are in full use. We also have module 1 and module 2 students.
@mbenidze
@mbenidze 2 жыл бұрын
So cute to see the first sponsored Wendover Productions video from today's perspective.
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