With tuition at private colleges routinely eclipsing the $60,000 mark, it’s more important than ever for recent graduates to settle in cities where circumstances allow them to start paying down their massive debt piles as quickly as possible.
That means a city with strong job offers, but where the cost of living isn’t so high as to siphon off a young worker’s earnings.
As we have detailed numerous times, student protesters have effectively been in control of Evergreen State University for about a month now, forcing the school to hold its commencement ceremonies at an alternative venue 40 miles from campus. The protests – and the school administration’s decision to acquiesce to the students instead of trying to hold them accountable for their actions – have prompted some in the Washington State legislature to try and pull state funding from the school.
We've spent a fair amount of time over the past several years writing about the 'participation trophy generation' (a.k.a. "millennials) and, more specifically, how their inflated sense of entitlement and self-worth, irrespective of work effort and/or innate talent, would not serve them well in the real world.
Authored by Jonathan Newman via The Mises Institute,
Students are running out of reasons to pursue higher education. Here are four trends documented in recent articles:
Graduates have little to no improvement in critical thinking skills
The Wall Street Journal reported on the troubling results of the College Learning Assessment Plus test (CLA+), administered in over 200 colleges across the US.
A few months ago we noted that 31% of college students in the U.S., or roughly 2.4 million kids, literally admitted to using student loan money to fund their binge drinking trips to Cancun and Daytona Beach for spring break. Now, while most of us who've had the opportunity to live in the real world, outside the comfort of mom and dad's basement, would consider it a bad idea to borrow 10-20 year debt to take a vacation we couldn't afford, many college students seem to think it's a perfectly acceptable practice.