54 sats \ 11 replies \ @Undisciplined OP 26 Jul \ parent \ on: Student loans are the 'fudge factor' that allows institutional profiteering econ
You'd be shocked if you knew the degree to which college administrators and faculty knowingly admit and retain students who have no shot at finishing, just to keep the financial aid revenue flowing.
It's really sick.
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21 sats \ 10 replies \ @Satosora 26 Jul
Is it really that high? I dont think financial aid should ne given to some subjects...some need to die out.
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20 sats \ 9 replies \ @Undisciplined OP 26 Jul
It depends on the institution, but at open enrollment universities and community colleges it can be really alarming.
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21 sats \ 8 replies \ @Satosora 27 Jul
Some majors like womans studies, psychology, and communications.... Pretty worthless majors.
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20 sats \ 7 replies \ @Undisciplined OP 27 Jul
I agree, but that's a different issue. At time of admission, schools have a very good idea of a student's odds of completing a degree. They wildly mislead low probability students about those odds and then encourage them to take on as much financial aid as possible.
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21 sats \ 6 replies \ @Satosora 27 Jul
I remember starting my major with 93 students, was down to 29 by the time we graduated.
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20 sats \ 5 replies \ @Undisciplined OP 27 Jul
That’s pretty much the norm
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21 sats \ 4 replies \ @Satosora 27 Jul
Well, maybe for my major. I dont know how many of them ended up dropping out. I know some transferred majors.
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20 sats \ 3 replies \ @Undisciplined OP 27 Jul
It’s been a while since I checked these numbers, but only a little over 1/3 of students graduate.
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