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Pick a Practical Major, Like French
Pick a Practical Major, Like French
Mandarin and other Chinese languages and dialects have been considered serious, practical majors for some time because of the potential professional value of speaking in China. But why would the ability to speak in Francophone Africa be less valuable, unless you think Africa will never produce economic muscle to match its population?
We have a prevalent concept of the “practical college major” in our society, but that concept is vague, not buttressed with evidence, and shifts according to whim and prejudice. And the ultimate point of stressing the practicality of certain majors while denigrating the frivolity of others is to blame people for economic conditions they can’t control.
In the 2000s and 2010s, dozens of new schools of pharmacy were opened thanks to the perception that pharmacy was a safe field for young graduates. Thousands of newly minted pharmacists flooded the market. Somehow, administrators in higher education were surprised to find that these new graduates had a harder time finding a good job than previous generations. But this is an inevitable outcome of telling young people an academic field is a practical choice, since you’re making that field more attractive and thus increasing the competition they have to face in the labor market.
programming, like all skills, is subject to the simple constraints of supply and demand, and thus the practicality of studying the major is a moving target.
I have never — never — found a consistent and coherent definition of a “practical major,” anywhere. The meaning of the term floats around depending on the whims of the person using it, and those whims are usually dependent on mockery. The entire concept seems to exist simply to serve as an instrument to blame people for their own economic misfortune.
Some will say that a practical major is one that gives you the best opportunity for secure employment. Setting aside the fact that life spent in singular pursuit of money is soul-deadening, this strikes me as great advice for people in late adolescence who are in possession of a time machine. For the rest of us, perhaps we should build a society where the educational path chosen early in life is less consequential for lifetime economic security, and where we’re all more free to study what we actually care about.
Technology can change the economy faster than any person can reasonably be expected to keep up with. Nobody knows for sure which fields might be disrupted by AI, which skills rendered unmarketable. But if the effects are as big as some predict, a lot of people are suddenly going to find their once-practical path has become fraught and unsustainable. The question is, are we callous enough to blame them for it?
·nymag.com·
Pick a Practical Major, Like French
Biden's student loan plan won't bring down college costs
Biden's student loan plan won't bring down college costs
Why costs are so high: The simplest answer is that schools have had little incentive to control costs, particularly when abundant student loans — both public and private — can make tuition rates appear more affordable than they really are.Moreover, some schools are motivated to spend on high-ticket items like new construction, because that can attract wealthier students (including from overseas) who don't request financial aid. In the end, however, those costs often get passed down to everyone.This is a systemic issue, which explains why most politicians have preferred to play along the easier margins.
There are possible solutions that have been circulating among education experts, not all of which rely on taxpayer largesse like making public college free for lower-income students.One would be to limit loans tied to education at schools that have a demonstrated history of onerous student debt burdens. In other words, if most of a school's students aren't receiving the sort of education that allows them to pay off their loans, cut it off at the source.This could include a gainful employment rule focused on career programs, which is favored by the Biden administration but languishing in Congress.Another would be to deny federal research grants to schools whose tuition rates increase at an unacceptably high level. This would be particularly impactful at large public and private universities.The federal government also could consider revoking the tax-exempt status of schools that exceed tuition inflation limits, although that likely would face court challenges.
·axios.com·
Biden's student loan plan won't bring down college costs
The Single Most Important Thing to Know About Financial Aid: It’s a Sham
The Single Most Important Thing to Know About Financial Aid: It’s a Sham
The whole public-facing system of college admissions—in which admissions decisions are based on rigorous academic standards and financial aid is supposedly provided to those who are most academically and financially deserving—is an elaborate stage play meant to flatter privileged families and the reputations of colleges themselves. The real system, hidden behind the scenery, is much closer to the mechanics of pure capitalism, driven by an industry of for-profit consultants and relentlessly focused on the institutional bottom line.
A spokesman from Clark University, which tried to entice Ethan with a “$68,000 Robert Goddard Achievement Scholarship,” told me that the school “does not rely on an enrollment management consultant.” Instead, they said, it “occasionally” hires “outside analytical support” that does “not tell us how much aid to offer any student or group of students” but does “crunch large volumes of data in a timely manner that we then use to assess our progress toward our enrollment goals and estimate/project our total aid expenditure through that enrollment cycle.”
So, not an enrollment management consultant. Just, you know, a consultant that helps them manage enrollment.
As DiFeliciantonio wrote: “Wealthy families are more able and less willing to pay for college while the poorer families are more willing and less able.” In other words, parents of means who themselves have finished college are often sophisticated consumers of higher education and are able to drive a hard bargain, whereas lower-income, less-educated parents feel an enormous obligation to help their children move farther up the socioeconomic ladder and blindly trust that colleges have their best financial interests at heart. So colleges obey the algorithm and offer more financial aid to the Ethans than to the Ashleys, one of many problems identified in a recent Brookings Institution report.
Ashley submitted financial aid forms with information about her family’s modest income because everyone and everything about the process told her college aid is based on how much money you need, or deserve. She had no idea that information could be used against her. In May, New York University offered her admission if she would agree to delay enrollment until spring 2023—when, maybe not coincidentally, her good-but-not-stellar academic record would not count in the rankings data NYU submits to U.S. News & World Report. Their price? $79,070. Their aid offer? $0, take it or leave it, with 96 hours to respond.
as the countless individual stories that compose the nation’s $1.7 trillion student loan crisis show, many families make different choices. They are drawn in by a combination of optimism, blind faith, and familial obligation, and end up with debts they cannot repay. Colleges know this will happen.
Nobody is really judging your worthiness for financial aid. College is just another service with a price.
·slate.com·
The Single Most Important Thing to Know About Financial Aid: It’s a Sham