A good friend of mine who has a heart of gold is paying his daughter's way through MBA school. I believe the school is Duquesne. I could be wrong, but I'm quite sure of it. Whatever the school he says and I quote,
"She's graduating in 3 weeks and not ONE of her graduating class has a job offer."
She is of course a 20 something liberal.
She did of course vote for Barack Obama.
And of course this "program" cost $50,000.
You may now laugh at all the children who swallowed whole this communist, propaganda BS and will pay for it the rest of their lives.
Damn it feels good to be an economist.
The school will make a minimum of $1M of government-guaranteed gross revenue from this one class alone, with not a single damn given about the fate of the graduates.
ReplyDeleteBy a strange coincidence, this school has the same name as a 1930's super-villain.
A dogsh*t degree from a dogsh*t school is worthless? What a surprise!
ReplyDeleteBut Mommy and Daddy Boomer said getting a college degree would open *so* many doors...
ReplyDeleteSince no one has job offers, must just be a competitive field, right? Right?
I can absolutely understand paying for your kids' undergrad if you've got the money. I mean I'm no hypocrite, mine did it and it's a total stress reliever for me. Of course, I took that as added interpersonal pressure to not f up, study worthless things, and screw off, so there was balance. Didn't hurt that they were extremely frugal and had a few mill laying around as a consequence of their good judgment.
ReplyDeleteThat said, when you get a graduate degree it's time to be an adult. Undergrad is the new high school diploma - fair enough. But by grad school you need to be a big kid, pay your own way, and make sure it's financially prudent. That means no non-T14 law, no non-high-end MBA, no PhD in Art History, none of that.
I've often wondered how people as smart as today's crop of college graduates believe they are got suckered into a taking on lifetime of non dischargeable debt for a degree that won't even qualify them for a job.
ReplyDeleteWhy is anyone going to grad school full-time these days (unless you're getting a medical degree or a STEM degree, which require full-time devotion)? I thought the smart thing to do was let your employer pay for a degree that made you more valuable to the organization. Everyone, and I mean everyone I know, including myself, who has a Master's degree did it part-time and let someone else pay for the credits. My brother has two, one in Regulatory Affairs and an MBA, courtesy of his employer, a large pharma company, and he is reaping the rewards of the extra time and study he devoted to the task. Another friend did his undergrad in Chem E and his MBA all part-time while working in a lab at a company where we were mutually employed, courtesy of our employer, and he rewarded the company with loyalty and productivity.
ReplyDeletePut the job before the degree. The degree itself won't get you anywhere, and often people get these degrees completely out of the context of any meaningful employment, thinking the degree will mean a job, when usually it is the other way around. Waiting around for an employer to recognize just how awesome you are is like waiting for Godot.
The only reason I went to college was to get the piece of paper that said I knew how to do what I already could do before I got there. By the time I got to college in the early 80's I had already taught myself to program in assembly language on every 8 bit processor there was. I knew more about computers and programming than most of my professors. They couldn't even read my code and would ding me because I didn't make pretty boxes around my comments and didn't write comments that were longer than the code I was commenting.
ReplyDeleteI learned maybe 2 or 3 things in 4 years that were relevant to my chosen profession. The rest was just filler. Social pillow fluff. Though I did learn enough from psychology to be able to detect when managers are trying to use psychology on me so I can play along and pretend like its working so they feel good about themselves. Go team! Go HR! Blah blah blah. I'm just hoping my kids don't end up with some fluff degree and end up living with me til I'm 80.
I'm with Amy on this one!
ReplyDeleteOT: check this out
ReplyDeletehttp://www.openmarket.org/2012/07/10/quotas-limiting-male-science-enrollment-the-new-liberal-war-on-science/
Things are only going to get worse infact much worse...