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Peter Thiel Paying 100k:college not worth it
#780228
05/25/14 06:39 PM
05/25/14 06:39 PM
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Joined: Mar 2014
Posts: 384
ItalianForever
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Posts: 384
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http://www.cbsnews.com/news/dropping-out-is-college-worth-the-cost/What do people think about this? As a guy who never went to college and who ended up doing okay financially through my own heating company, I tend to agree. With college prices skyrocketing, and unemployment very high, I don't think its worth it anymore. With a kid 2 years away from college, I am not sure how I feel about sending him off into the world without a degree. What does everyone think? Do you need a degree to make a living these days?
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780230
05/25/14 07:24 PM
05/25/14 07:24 PM
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Joined: Dec 2006
Posts: 23,296 Throggs Neck
pizzaboy
The Fuckin Doctor
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The Fuckin Doctor

Joined: Dec 2006
Posts: 23,296
Throggs Neck
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My wife and I put one daughter through the University of Miami, one daughter through Penn State, and our youngest (our son) just finished up his freshman year at Stony Brook. It's very gratifying, but it's not about us. It's about the kids, and they have to want it. In our case our kids wanted it for themselves as much as we wanted it for them, and we're very grateful for that. That being said, college isn't for everyone. And it's no guarantee, especially today. But I wouldn't go so far as to say that it's not worth it anymore. If you can afford it, and the kid WANTS to go, then I'd send him if I were you  .
"I got news for you. If it wasn't for the toilet, there would be no books." --- George Costanza.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780233
05/25/14 07:32 PM
05/25/14 07:32 PM
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Joined: Mar 2014
Posts: 384
ItalianForever
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Pizza. The gratification you feel reminds me of my parents. They were very happy to see my siblings go to college as they never got that opportunity. But I feel that times have changed, and a college degree just is not what is used to be.
I have to really think about college just like i would anything else im putting money into, as an investment. The goal and purpose of a degree is to get a job and make a living. Knowledge without a living means nothing. If you got knowledge but no living then your just the smartest most sarcastic jackass at the bar.
Last edited by ItalianForever; 05/25/14 07:32 PM.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780259
05/26/14 06:29 AM
05/26/14 06:29 AM
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Joined: Jul 2010
Posts: 2,989
getthesenets
Underboss
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Underboss
Joined: Jul 2010
Posts: 2,989
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I have to really think about college just like i would anything else im putting money into, as an investment. The goal and purpose of a degree is to get a job and make a living. Knowledge without a living means nothing. If you got knowledge but no living then your just the smartest most sarcastic jackass at the bar.
IF I think that's a pretty limited viewpoint.Purpose of higher learning is to become educated and expand your job, career, and entrepreneurial options. You are right that we all have to make a living and you don't want your kids taking up majors like "16th century european dictators under 6 feet tall" BUT...don't let the fact that you did well for yourself without a degree cloud your thinking. My father wouldn't have swallowed so much shit in his life were it not for his desire for all of his children to get degrees and have more options than he did.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780277
05/26/14 08:07 AM
05/26/14 08:07 AM
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Joined: Mar 2014
Posts: 384
ItalianForever
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Gets,
I think your response fundamentally ignores the problems with the educational system as it relates to middle class kids seeking upward mobility. College is a business, an expensive, very profitable business where professors who make 400k a year spew rhetoric about income inequality. That would all be good and dandy if college was still how it was 20 years, when i had the opportunity to go: cheaper and worthwhile.
Anyone who blindly recommends college fundamentally does not understand the problems with a degree to today. First, extremely expensive, with increasing tuition costs at about 5x inflation. Second, half graduates don't get jobs, and who knows how many of those jobs are micky d's and starbucks. Finally, serious debt, I am talking shylock bust out your business debt. Six figures.
Two words: Trade School.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780292
05/26/14 09:54 AM
05/26/14 09:54 AM
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Joined: May 2014
Posts: 4,401
Footreads
Underboss
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Underboss
Joined: May 2014
Posts: 4,401
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I paid 150 thousand for my daughters college education. You know the communist  . Graduated with honors from Columbia University. She got an award for German culture and language from the German consulate. We are not German. I don't even drink beer. She had a chance to spend a semester in Berlin.Fell in love with the place. She graduated in 2002. With in weeks if her graduation she moved to Germany, When she went looking for a job there here degree with honors from Columbia meant shit there? They asked her want skills do you have what trade do you have. She was not going to come home so I was sending her 4000 thousand Euros a month DI she could survive till she got a jobs. She was a a guide for predominately american tourists. She taught little German children English.at a university she did translation work from German to English. The unemployment rate in Germany at that time is what it really is here now about 15 percent. If a non Germany was hired by a Germany company. They had to send the Germany government why a German could not do that job. We should do that here in the USA but we don't. She was book smart she did manage to get a job in a German pharamadtical company. Now she opens up offices for them all over the world. There is one here in NJ.
only the unloved hate
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780310
05/26/14 11:24 AM
05/26/14 11:24 AM
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Joined: Jul 2010
Posts: 2,989
getthesenets
Underboss
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Underboss
Joined: Jul 2010
Posts: 2,989
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IF,
Anybody who blindly recommends college, or anything else is not doing anybody any favors. But I think we are in agreement over higher education leading to more options. Trade school, college, military training, apprenticeships, to me all fall under the same boat. Training/education leading to degree/certification/license which gives you more options.
As far as traditional higher education, there will always be concentrations/majors that are more "valuable" than others in the market place. Always going to be factors/trends that affect this . My joke about the obscure major "short european dictators" was meant to highlight just that.
Speaking of options...people should explore all their options when it comes to the high cost of college....rotc, attending a community college, attending a cc and then transferring to four year school, working and going to school part time. From what you're telling me, kids of middle class backgrounds are just gonna have to adapt the way kid from poor backgrounds have had to to finance their educations.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780340
05/26/14 02:37 PM
05/26/14 02:37 PM
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Joined: Feb 2013
Posts: 722 Midwest
LittleNicky
Underboss
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Underboss
Joined: Feb 2013
Posts: 722
Midwest
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I'm just going to leave this here: http://nypost.com/2014/05/11/fewer-college-grads-will-have-jobs-lined-up-this-year/And mind you, this is after 4-5 years of opportunity cost, plus several hundreds dollars in COA.
Should probably ask Mr. Kierney. I guess if you're Italian, you should be in prison. I've read the RICO Act, and I can tell you it's more appropriate... for some of those guys over in Washington than it is for me or any of my fellas here
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Re: Peter Thiel Paying 100k:college not worth it
[Re: Sicilian Babe]
#780341
05/26/14 02:38 PM
05/26/14 02:38 PM
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Joined: Feb 2013
Posts: 722 Midwest
LittleNicky
Underboss
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Underboss
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Posts: 722
Midwest
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First of all, please introduce me to the college professors making $400k a year. Professors are NOT traditionally well paid at all. After my husband got his Masters, the university offered him a job teaching part time. Believe me, it doesn't pay well.
That said, I agree that college is not for everyone BUT it shouldn't ruled out because it's expensive. It's our duty as parents to guide our children to become self-sufficient adults. Whether that's a trade or a college education, it's what best suits their personality, brains and temperament. It is very common on law faculties to see an average range between 150k-300k, with deans and higher end faculty at or near 400k.
Should probably ask Mr. Kierney. I guess if you're Italian, you should be in prison. I've read the RICO Act, and I can tell you it's more appropriate... for some of those guys over in Washington than it is for me or any of my fellas here
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Re: Peter Thiel Paying 100k:college not worth it
[Re: dixiemafia]
#780466
05/27/14 10:51 AM
05/27/14 10:51 AM
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Joined: Dec 2006
Posts: 23,296 Throggs Neck
pizzaboy
The Fuckin Doctor
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The Fuckin Doctor

Joined: Dec 2006
Posts: 23,296
Throggs Neck
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So you spend a lot of time under power lines, Dix? I kinda figured  .
"I got news for you. If it wasn't for the toilet, there would be no books." --- George Costanza.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: pizzaboy]
#780649
05/28/14 09:04 AM
05/28/14 09:04 AM
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Joined: Jul 2013
Posts: 3,575 Alabama
dixiemafia
ROLL TIDE!!!!!
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ROLL TIDE!!!!!
Underboss
Joined: Jul 2013
Posts: 3,575
Alabama
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So you spend a lot of time under power lines, Dix? I kinda figured  . Nope, spend a lot of time ON them  Gloving, barehanding 230,000 volts you name it I've done it.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: ItalianForever]
#780651
05/28/14 09:13 AM
05/28/14 09:13 AM
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Joined: Jul 2013
Posts: 3,575 Alabama
dixiemafia
ROLL TIDE!!!!!
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ROLL TIDE!!!!!
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Joined: Jul 2013
Posts: 3,575
Alabama
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@dixie: no offense, but being a union worker who makes money is not impressive. Unions are legalized extortion. I deal with them on a monthly basis. Guys who make 38 an hour who if they worked for me would be making 15. That's not the point. The point is people don't want to get out and WORK these days. The IBEW does more than just give me a good paycheck, they also make sure companies are required to pay me well on the road and not work me more than I should when I have my life in my hands. Just because you might work with the Teamsters who are crooks doesn't mean others are the same way. So you telling me I should really go out and work for a measly $15 an hour with one of the most dangerous jobs in the world? Are you that dumb? I wouldn't step out of my door for that and walk to my truck, I'm a professional and they will pay me for such work. If they want shit work then they can hire for $15 an hour and they'll get $15 an hour type of work too. I earned my way up and wasn't given shit by the union or anyone else. My point is I make 2x what the average worker makes here in this state and when I travel up North I make their scale which is much higher. That is what happens when you work hard and learn what you are supposed to and work safe. Meanwhile kids are working at McDonald's whining that they don't make enough to flip fucking meat all day. Get the point now? Not enough people push WORK for a living, too many think they can go to college, get smart, then work in a cubicle making 100k a year right off the bat. Like PB said we need the balance in this country, we have too many WANTS and not enough DRIVE. People spend more time bitching and saying they will not do a certain job and our economy is suffering for it. Meanwhile the government is telling and showing everyone how to live for free off of them and people are eating that shit up. Get out, start at the bottom, and make something of yourself instead of mooching off of everyone on your way to the top. The only way we are getting out of this rough economy is putting in work like our parents and Grandparents did, working your ass off.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: dixiemafia]
#780683
05/28/14 11:04 AM
05/28/14 11:04 AM
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Joined: Apr 2006
Posts: 11,797 Pennsylvania
klydon1
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Joined: Apr 2006
Posts: 11,797
Pennsylvania
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So you spend a lot of time under power lines, Dix? I kinda figured  . Nope, spend a lot of time ON them  Gloving, barehanding 230,000 volts you name it I've done it. Dixie, I represented PA Power and Light in their workers' compensation cases, and I can attest that you have one of the most physically demanding and high-risk jobs out there. It's not just the exposure to nasty elements and high voltage or heights, but there are many injuries from the repetitive use of hand tools to cut lines while wearing the insulated gloves. I was surprised when I first discovered how much force is needed just to use the hand cutters. Also, the hours are necessarily difficult, and when you're called in at 2 am, you have to report or risk losing your job. And linemen I know also have to report to jobs out-of-state after ice storms/hurricanes/other disasters cause widespread havoc. There's no doubt that you earn every dollar you get.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: dixiemafia]
#780690
05/28/14 11:36 AM
05/28/14 11:36 AM
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Joined: Dec 2006
Posts: 23,296 Throggs Neck
pizzaboy
The Fuckin Doctor
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The Fuckin Doctor

Joined: Dec 2006
Posts: 23,296
Throggs Neck
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Just because you might work with the Teamsters who are crooks doesn't mean others are the same way. Hey, the Teamsters were very good to me and my family, Dix  . See what happens when you get baited into a pissing match on these boards? 
"I got news for you. If it wasn't for the toilet, there would be no books." --- George Costanza.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: pizzaboy]
#780693
05/28/14 11:52 AM
05/28/14 11:52 AM
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Joined: Feb 2013
Posts: 2,213
cookcounty
Underboss
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Underboss
Joined: Feb 2013
Posts: 2,213
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Trade school, much like college, isn't for everyone. We can't live in a world without doctors and lawyers any more than we can live in a world without electricians and plumbers. There has to be a balance. It's a very individual decision  . we need drug dealers so they can fight the war on drugs (jail is a business) we need clucks to go to rehab centers (there's money in it somehow) etc, etc.
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Re: Peter Thiel Paying 100k:college not worth it
[Re: pizzaboy]
#780735
05/28/14 03:28 PM
05/28/14 03:28 PM
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Joined: Jul 2013
Posts: 3,575 Alabama
dixiemafia
ROLL TIDE!!!!!
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ROLL TIDE!!!!!
Underboss
Joined: Jul 2013
Posts: 3,575
Alabama
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Hey, the Teamsters were very good to me and my family, Dix  . See what happens when you get baited into a pissing match on these boards? Yep and note taken  Shouldn't have said it period. Just hate it when folks dog unions and have no idea how great and how much they protect some of us in this world. I hear enough of it here in the South where unions are looked down on big time. My wife works at an automaker building cars and makes 3 times as less as those did and still do in Michigan. That's why most are coming South now. They fill up those places with temp agencies and folks are working like slaves at shit pay with no benefits. And people wonder why we need unions???
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