AGovernment Releases 'College Scorecard' Ranking Schools on Loan Debt

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    • Sep 2012
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    #1 !Report
    If you're going to be considering debt load vs employment rate of graduates you might as well just go to truck driver school
    • Jul 2012
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    #2 !Report
    Schools contine to raise and raise tuition. Students continue to get loans to cever it because they have no choice. Its a heartbreaking, backbreaking, never ending cycle.
    • Feb 2013
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    #3 !Report
    I'm all for following your dreams, but college students need to understand what degree they are getting and how realistic it will be when they enter the workforce. The scorecard could potentially do good. Trying to tell a college student they can't get a degree in something they are passionate about, is a battle not won easily.
    • Nov 2012
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    #4 !Report
    That's why chose to not go to college after high school. It was pretty simple decision, 30,000 dollars in debt with horrible job chances after schooling or work hard and make triple that amount by the time my friends graduate.
    • Jan 2013
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    #5 !Report
    ...and a decade from now, some are going to wonder where all the doctors, etc are.
    • Dec 2012
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    #6 !Report
    That's what we needed. Put it out there for the world to see. Enough of the sugar coating. I ain't got enough thumbs for the thumb ups I wanna give that report.
    • May 2012
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    #7 !Report
    It won't do a thing to bring down college prices. And there will still be idiots out there who will choose (yes choose) to pick a major that will have no relevance in the real world.
    • Jul 2012
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    #8 !Report
    Parents should require their kids to perform an economic analysis prior to going to college. The analysis should consider:
    - How much will a degree cost (all four+ years tuition, room and board, misc...)
    - How much will you make in your field (average starting salary in field x (1-unemployment rate for field and age))
    - How much of what you make can you expect to put towards paying down your debt
    - Debt financing costs (7%+/-)
    - List of things you will be putting on hold due to debt

    Consider a base line study of what can be done without a college education.
    • Aug 2012
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    #9 !Report
    We need to refine our education process. Cut out the fluff of the liberal arts degree. Streamline courses. If you want a pre-med degree you shouldn't have to take courses like environmental geography, Greek history, Japanese language and culture, etc. to get your degree. I completed 3 degrees in undergrad. It took me a little over 5 years. I could have done it in 4 if I didn't have to take such courses as those listed above.

    Also if they keep pushing socialized medicine. The only way we can cut costs and keep the same quality of education is we do fast track programs. If someone has the grades and the drive then they should be admitted to a pre-med fast track program like some schools do for pharmacy. You would take 3 years of undergrad courses and your 2 years medical school with a 1 year rotation and be finished with your medical degree in 6 years. They do this with pharmacy and you can become a nurse practitioner in 3 year fast track programs.

    In most other countries you do not have an undergraduate education requirement before you are admitted to medical school. So they have less debt and more focused education.
    • Feb 2013
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    #10 !Report
    College tuition will remain high as long as they maintain focus on athletics over academia.
    • Feb 2013
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    #11 !Report
    Not unless the government cut down on student aid, which would force schools to lower tuition rates. Or at least make you apply for student aid based in the merit of your studies
    • Sep 2012
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    #12 !Report
    I think it's a good idea and I would also like to see a ranking of not just schools, but MAJORS! It has been made very clear that a degree in "Gender Studies" "Art History" "Fundamentals of Exercise", the "Art of Dance" and other designer studies lead to absolutely nothing, these kids paid a bundle of $$$$ and graduated with a nice GPA and no skills worth hiring. Truth is advertising and more college counselors to steer these kids to marketable majors. If you graduate with a degree in History, ALL you can do is go to grad school. Period.
    • Sep 2012
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    #13 !Report
    JoinCCA wrote: #3
    q
    I'm all for following your dreams, but college students need to understand what degree they are getting and how realistic it will be when they enter the workforce. The scorecard could potentially do good. Trying to tell a college student they can't get a degree in something they are passionate ab...
    Not easily won, but at least they would be taking on massive debt with information. Too many designer degrees out there, cost a bundle, but basically worthless toward a career. They spend all that money, take out all those loans and basically know no more than they did when they left HS. But, they probably had a very nice time. We paid for our kids school, no problem since we did the insurance thing when they were born, but we definitely had a say in just what major and minor they took. No basket weaving, no Female Studies, etc.
    • Nov 2012
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    #14 !Report
    Don't bring down the price for school, RAISE THE EMPLOYMENT RATE FOR GRADUATES.
    • May 2012
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    #15 !Report
    Whatever you do Americans... Don't pay attention to the similarities between the Big Ed Bubble and the Housing Bubble... In fact... Who said anything about a Higher Ed Bubble? Forget I said anything.
    • Sep 2012
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    #16 !Report
    The only way to reduce the cost of a college education is to reduce the number of grants and reduce the ability to get student loans. Could you imagine the price of a car if you could get obtain car grants and a guaranteed car loan? Colleges need to shed silly courses and degree programs such as gender studies and get back to their original focus, educating people in programs that produce value such as engineering or medicine. Salaries for some professors are absurd. The soon to be Senior Senator from Massachusetts, Elizabeth Warren, received $350,000 for teaching one course. The only way to bring college education costs back to reality is to reduce or eliminate grants and student loans.
    • Jul 2012
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    #17 !Report
    Tralee wrote: #13
    q
    Not easily won, but at least they would be taking on massive debt with information. Too many designer degrees out there, cost a bundle, but basically worthless toward a career. They spend all that money, take out all those loans and basically know no more than they did when they left HS. But, ...
    @Tralee I just had this very conversation not to long ago. The best thing that can come out of this is that parents and their children will sit down and have a SERIOUS discussion about where to go and what to study before enrolling. The days of getting that Art degree and going about life are over. If a kid is that passionate about art, tell them to get a degree in one of the health, science, or business fields and after they have a job, they can pursue their love of art as a side job or hobby.
    • Feb 2013
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    Tralee wrote: #13
    q
    Not easily won, but at least they would be taking on massive debt with information. Too many designer degrees out there, cost a bundle, but basically worthless toward a career. They spend all that money, take out all those loans and basically know no more than they did when they left HS. But, ...
    @Tralee I agree! I think many college kids just don't want to put in the work to learn "boring" subjects. When I was in college I hated my accounting class and loved my elective history of rock n roll class. I always had the, when am I ever going to use this mentality. I was/am an artist, but knew my chances were small to make it with an arts degree. Changed my major to business and now I have a great job and able to support my family. Not everyone has realistic way of thinking. Laying the information out and letting them choose is great. But they will complain after graduation saying they can't find a job because they have no skills and a worthless degree. Blaming everyone but themselves.
    • Jul 2012
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    #19 !Report
    JoinCCA wrote: #3
    q
    I'm all for following your dreams, but college students need to understand what degree they are getting and how realistic it will be when they enter the workforce. The scorecard could potentially do good. Trying to tell a college student they can't get a degree in something they are passionate ab...
    I think some of those kids need to be reminded that passion and a buck will get you a cup of coffee......
    • Oct 2012
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    #20 !Report
    JoinCCA wrote: #3
    q
    I'm all for following your dreams, but college students need to understand what degree they are getting and how realistic it will be when they enter the workforce. The scorecard could potentially do good. Trying to tell a college student they can't get a degree in something they are passionate ab...
    You can handle you passion and dreams as a minor or independent study. There are no jobs for Art History, Philosophy, English Lit, etc. majors. These courses of study are a luxury, a finishing school, a way to loll away 4 years for the trust fund kids only.
    Want to land a job: If you like languages lean Mandarin with a math or comp sci minor, Like arts:? take computer sci. with an emphasis on graphic design.
    not those anticipating the need to earn an income. Like metal work scupture etc, take Metallurgy, Materials Sci., but learn how to weld.
    College must be viewed these days as a training school for the workforce and anyone not studying the demands of the workforce is just indulging their fantasy and can anticipate nothing but debt upon graduation with little chance of obtaining employ

Comments 1 to 20 of 36