21 sats \ 10 replies \ @Satosora 26 Jul \ parent \ on: Student loans are the 'fudge factor' that allows institutional profiteering econ
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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21 sats \ 2 replies \ @Satosora 27 Jul
I didnt think it was that low. Imagine the 2/3 that are saddled with debt and no degree.
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