College presidents say their institutions should be reporting their graduates’ debt levels and job placement rates, but don’t want the federal government collecting and publishing data on student outcomes. They really don’t like Obama’s proposed ratings system.
“Some Americans caught in the weak job market are lining up for federal student aid, not for education that boosts their employment prospects but for the chance to take out low-cost loans,” reports Josh Mitchell of the Wall Street Journal. They use the loans to pay living costs or to avoid paying back previous student loans. An unemployed retail clerk with an unmarketable bachelor’s in communications has gone deeper into debt to take theater classes. He hopes to find work as an actor. Meanwhile, it pays his bills.
Education and the American Dream was the theme of Florida Sen. Marco Rubio’s keynote speech at Making Community Colleges Work, a National Journal event at Miami Dade College. The son of immigrants, Rubio started his career as an attorney with $100,000 in student loans. He proposed income-based repayment of student loans and Income Sharing Agreements, expanding vocational education, easing accreditation for online educators and testing to prove competency.
Pay It Forward repayment schemes for student borrowers are flawed but fixable.
College graduate Eric Singer is the first in his family to throw away $160,000, reports The Onion. “This level of debt was just out of reach for my father and grandfather, which makes my wasting so much money all the more meaningful,” said the Wilkes-Barre, Pennsylvania man. Singer’s mother only flushed $12,000 down the toilet during her time in school, he said.
Singer hopes to “rack up another $200,000 in tuition bills” in law school, The Onion reports.
Thank God I wasn’t college material, writes Matt Walsh.
He hated high school.
I dreaded every class, every assignment, every test, every worksheet, every mound of busywork, every shallow and forced interaction with peers I couldn’t relate to or connect with or understand; every moment, every second, every part, every inch of every aspect of my public educational experience.”
One day in detention, the teacher asked what he wanted to do with his life. He thought maybe he could be a writer. Writing was the only thing that came naturally.
That’s when she dropped the bombshell: “Well, that sounds like an amazing goal, Matt. Get those grades up and go to college for a degree in creative writing!”
. . . I have to go to college to do the one thing I’m kind of halfway good at doing? I have to finish high school and then go through FOUR MORE YEARS OF THIS? Impossible. I’m not college material. I’m not even high school material.
And I have to get a DEGREE in CREATIVITY? Wait, WHAT? Your creativity comes from your own mind and your own heart — you can’t learn how to be creative. If I can write things, and people want to read the things that I write, shouldn’t I be able to market that ability, regardless of my college experience?
Walsh never went to college. That means he didn’t “amass a gigantic debt” or “miss out on four or five years” developing his skills. He supports his family of four as a writer.
College makes sense for future doctors, lawyers, engineers and the like, Walsh writes. But it’s a scam for most students.
Something has to change. Listen to me on this one. Something HAS to change. This can’t continue. It is not a sustainable model. There are millions of kids with no assets, no plans, and no purpose, taking out enormous loans to purchase a piece of paper they’ll likely never use. It can’t go on this way.
. . . Total student debt has gone up by 275 percent in the last decade. How far will it climb, how many more kids will be thrown to the wolves, before we change direction? Since I was born, college tuition rates have gone up by 500 percent. FIVE HUNDRED PERCENT. Why do we send guys like Bernie Madoff to prison while the academic elite get away with gouging an entire generation to death?
“Don’t send your kids to college” unless they’re pursuing a career that requires a degree, he writes.
Writers can demonstrate their skills by writing. In many other fields, it’s harder to prove competence. But certifications, digital badges and such like could help young adults show what they know.
Young PhDs are scrambling for a few tenure-track jobs, working as poorly paid adjuncts for years on end and getting very, very angry, writes Megan McArdle on Bloomberg.
Rebecca Schuman’s “naming and shaming” of UC Riverside’s interviewing process set off an angry online debate, including Job Market Rage Redux and How the Tenured Are to the Job Market as White People Are to Racism.
“Academia is now one of the most exploitative labor markets in the world,” writes McArdle.
It’s not quite up there with Hollywood and Broadway in taking kids with a dream and encouraging them to waste the formative decade(s) of their work life chasing after a brass ring that they’re vanishingly unlikely to get, then dumping them on the job market with fewer employment prospects than they had at 22. But it certainly seems to be trying to catch up.
. . . it’s not surprising that so many academics believe that the American workplace is a desperately oppressive and exploitative environment in which employers can endlessly abuse workers without fear of reprisal, or of losing the workers. That’s a pretty accurate description of the job market for academic labor … until you have tenure.
The academic job market won’t improve until graduate programs admit fewer students, she writes. “A lot fewer.” Some PhD programs should “go out of existence.”
But of course, this is saying that universities, and tenured professors, should do something that is radically against their own self-interest. That constant flow of grad students allows professors to teach interesting graduate seminars while pushing the grunt work of grading and tutoring and teaching intro classes to students and adjuncts. It provides a massive oversupply of adjunct professors who can be induced to teach the lower-level classes for very little, thus freeing up tenured professors for research.
Only a third of university professors are tenured or on the tenure track and only 19 percent of non-tenure-track teaching jobs are full time.
Winter is coming to academia, writes Walter Russell Mead.
“We are lending money we don’t have to kids who can’t pay it back to train them for jobs that no longer exist,”, says Dirty Jobs‘ host Mike Rowe. “That’s nuts.”
Seven out of 10 high school graduates choose college, observes Smart Shoppers, a report by College Summit and Bellwether Education Partners. Despite warnings of a degree glut, the college wage premium continues to rise. College-educated workers earned 80 percent more than high school-only workers in 2012.
Schools must do a better job identifying students — especially disadvantaged students — who aren’t reaching their potential, Smart Shoppers argue. “Schools, colleges, nonprofits, and businesses need to do a better job of educating students about their options on which college they should attend, which degrees they should pursue, and how they should pay for it.”
About a quarter of the gap in college attendance between affluent and working-class students can’t be explained by academic performance, a new study concludes. The Sutton Trust, a British think tank, looked at college-going in the U.S., Britain and Australia.