Does more affordable college = more degrees = less value?

[Akio-]

I don't believe that the law of inflation will have any effect on the job market.

[Ad Bot]

[BluetoothBoy]

lol the forget am i reading

Not sure he realizes that the target demographic is mostly kids (who, by the way, LOVE repetition - in fact, they often prefer it), and if it's successful, is actually a great business model. The only people who have an issue with this are people who are usually out of the recommended age range, lol.

i only used that as an example.  The point I was trying to make is that everyone thinks they need a 4 year degree or something and when they major women's studies they can't figure out why there aren't any jobs out there that cater to their major

I'm getting an associates degree in welding and can expect to make 100,000 a year starting off.  Vocational degrees are where it's at.  Most people don't need to be engineers or scientists.  The truth is, America is suffering from a vocational drought.  There aren't enough people coming out of high school that want to do stuff like construction, welding, industrial maintenance, etc, the stuff that builds the country.  I mean yeah engineering is great and all, but it's not for everyone.

Ah, I see. I didn't read further up that that one post, my bad. ;)

While a four-year degree is not for everyone, they are still good for many. The bigger issue is people choosing either degrees that seem outwardly "cool" or "unique," or degrees based on the money. Then they're unhappy wrecks after college. What more people should be encouraged to do is find out what they love, and if doing what they love is better done with a college education/degree, then go to college.

Pretty cool that you're in vocational school. Not enough people consider that as an option. I have a friend who went to college to be a machinist and is now doing pretty well.

I don't believe that the law of inflation will have any effect on the job market.

I wouldn't say any effect, but the effects would likely be minimal.

[communistsquared]

Not sure he realizes that the target demographic is mostly kids (who, by the way, LOVE repetition - in fact, they often prefer it), and if it's successful, is actually a great business model. The only people who have an issue with this are people who are usually out of the recommended age range, lol.

i was mostly referring to the first part, a software company laying off all of its employees because they are done working on a product. like, how do you come up with this
programmers are pretty damn valuable and laying all of them off after finishing a product is like the worst business practice that could exist

[BluetoothBoy]

i was mostly referring to the first part, a software company laying off all of its employees because they are done working on a product. like, how do you come up with this

Oh. Yeah. In reality they probably just reappropriate them to a different game.

[Aidan10]

I intend on going to college then enlisting, tell that girl that even military colleges are not as good as say, Harvard, or whatever, i don't know much college names, anyways, if you have more affordable college then you would have more good workers for you, but that might mean some low paying jobs might not be filled, say, grocery store workers, or cable workers, its got its ups and downs but i feel that it should stay the same as is.

[ABlockOfCheese]

Ah, I see. I didn't read further up that that one post, my bad. ;)
While a four-year degree is not for everyone, they are still good for many. The bigger issue is people choosing either degrees that seem outwardly "cool" or "unique," or degrees based on the money. Then they're unhappy wrecks after college. What more people should be encouraged to do is find out what they love, and if doing what they love is better done with a college education/degree, then go to college.

Pretty cool that you're in vocational school. Not enough people consider that as an option. I have a friend who went to college to be a machinist and is now doing pretty well.

you Preto much hit the nail on the head.  I guess I feel like people want to go to college just for the sake of going to college, instead of using it as a practical educational tool.

And yeah, vocational degrees are pretty sweet.  Feels like you are actually at a shop working rather than going to school.

[Foxscotch]

but that might mean some low paying jobs might not be filled, say, grocery store workers, or cable workers

more motivation to automate simple manual labor, which I think is exactly what should happen (especially cashiers, we don't even need those anymore wtf)
cable guys, and things like that, might be harder to automate, but those can be done by the people who still won't care about college even if they are capable of going

[Aidan10]

Those where just examples, with the new age technology of automatically getting your groceries checked out and stuff like that, it would be hard for it to fill in the labor of lower paying jobs, plumbing for example would be hard to do by your self, With the increase of bigger stores for all your needs, like no more ma and pa stores around it would seem that you would need more labor in those fields, just a thought.

[Foxscotch]

Those where just examples, with the new age technology of automatically getting your groceries checked out and stuff like that, it would be hard for it to fill in the labor of lower paying jobs, plumbing for example would be hard to do by your self, With the increase of bigger stores for all your needs, like no more ma and pa stores around it would seem that you would need more labor in those fields, just a thought.

I don't think plumbing is a low-paying job...
it's not gonna make you rich or anything, but things like plumbing, welding, etc. are pretty decent careers

[$trinick]

On top of the fact that there probably won't be significantly more degrees in the first place, they can only handle so much capacity and they're not going to go over that. Wages likely won't go down.

I disagree with this. There are two ways college could become affordable. The first is that the government regulates the price of tuition, which would mean colleges would HAVE to either accept more students (and expand) or downsize. Maybe this is the right way to prevent the market from flooding, but then it is counter-intuitive to the concept of educating more people. The second way is that the government would subsidize it, which means they get the same amount of money per student, but there's many more students that want to attend. In this case, why would ANY college not expand to accommodate for this higher demand and higher income? Why would people not open more colleges because there is a near-infinite amount of demand (much higher than could be accommodated by current institutions) purely for profiteering? It would create a gold-rush in the field of education, which would likely result in a lot of scam colleges being opened and in general lower quality degrees from the average institution.

[Lord Tony®]

Those where just examples, with the new age technology of automatically getting your groceries checked out and stuff like that, it would be hard for it to fill in the labor of lower paying jobs, plumbing for example would be hard to do by your self, With the increase of bigger stores for all your needs, like no more ma and pa stores around it would seem that you would need more labor in those fields, just a thought.

Also they are trying to get robots to do tasks no human wants to do but that's just going to put humans out of a loving job.

[Ipquarx]

I disagree with this. There are two ways college could become affordable. The first is that the government regulates the price of tuition, which would mean colleges would HAVE to either accept more students (and expand) or downsize. Maybe this is the right way to prevent the market from flooding, but then it is counter-intuitive to the concept of educating more people. The second way is that the government would subsidize it, which means they get the same amount of money per student, but there's many more students that want to attend. In this case, why would ANY college not expand to accommodate for this higher demand and higher income? Why would people not open more colleges because there is a near-infinite amount of demand (much higher than could be accommodated by current institutions) purely for profiteering? It would create a gold-rush in the field of education, which would likely result in a lot of scam colleges being opened and in general lower quality degrees from the average institution.

I see your point, however I think that at a certain point it becomes prohibitive to take in more students, because obviously as you increase the size of your campus you need to spend huge amounts of money on construction and upkeep, and more staff, etc etc... And at some point either you won't be able to expand anymore due to either lack of space or costs, and you'll have to either move elsewhere or expand off-campus, which students HATE, and probably will be turned off from the college because of. If you were in an area where you could theoretically expand as much as you wanted, yeah, I could see them getting a lot bigger, but I don't see why they wouldn't have already done that, and I don't see it affecting the number of diplomas given to the point where it would decrease wages.

I seriously doubt that scam colleges would become a big thing too. If they're properly regulated and only give accreditation to non-scammy ones, I don't see that being all that profitable. Yeah, you'll catch a few people but most are going to see right through it.

[e-maxx]

I don't think plumbing is a low-paying job...
it's not gonna make you rich or anything, but things like plumbing, welding, etc. are pretty decent careers

they're nice careers
plus most people chose them because they want to be one rather than needing a job
I really doubt cheaper colleges would have a negative effect on them

[ShadowsfeaR]

Also they are trying to get robots to do tasks no human wants to do but that's just going to put humans out of a loving job.

Then who maintains those robots? Who programs them? It's not like they're perfectly autonomous. As new technology arises, so do new job opportunities.

[Lord Tony®]

Then who maintains those robots? Who programs them? It's not like they're perfectly autonomous. As new technology arises, so do new job opportunities.

Maintaining a robot isn't exactly the same. Even maintenance requires some sort of schooling. The robots are taking all the entry level jobs.

Not everyone is able to maintain or program a robot.