Why Many People Shouldn't Get a 4-Year Degree
by Lewis Loflin
Let's make hamburger helper out of a sacred cow right: most people should not attend a four year college. Unless one is very smart in math, science, engineering etc. many liberal art degrees are worthless. Even hi-tech jobs are threatened by a deluge of foreign workers imported into the country to displace American workers with cheap labor. In the past government employment created most of the jobs for college graduates, that's over with due to budget problems. Notice the above chart, it's not me, but The New York Times. Look at it real hard!
We must look at cost versus outcome. Many are claiming one can earn and $1 million over a lifetime with a 4-year degree. Maybe or maybe not. Many liberal art degrees or general degrees won't do that. An imported H1b engineer makes perhaps $30,000 a year something an American citizen straddled with over $100,000 can't afford to take. what about a graduate with a worthless liberal arts degree working as a bartender. Two-thirds of bartenders have a college degree.
According to www.savingforcollege.com a four-year degree will cost the following:
Type of Institution Projected 4-Year Tuition and Fees
Private College: 2012 $127,100, 2030 $362,800
Public/University (in-state resident): 2012 $37,800, 2030 $108,100
2 Years Community College & 2 Years Private College: 2012 $73,700, 2030 $210,400
They also note: "The figures above do not include other costs your child will incur as a college student, such as room and board, books, supplies, equipment, and transportation. These additional expenses can increase your child's cost of attending college by a substantial amount."
I'd further add in the cost of interest on those loans most people get stuck with plus four years or more out of the labor force (at $20-$30,000 a year) those costs could double or triple. All of this in addition to the risk of being replaced by an imported foreign worker.
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Truth is not hate speech, reason is not racist, and facts are not racism.