Welcome to the fifth installment of our series on education! Part 5 focuses on college education. Join Nick, Ted, and Sean as they go over the shocking statistics of salary differences with/without a college education and the student loan crisis. There is some disagreement among the hosts over prestige of universities, if college is really worth it, and just how bad some college classes are! If you missed the first four parts, be sure to check out Episodes 43, 61, 72, and 102 on the history of education, primary education and the modern failings of the education system, alternative school choices, and homeschooling. Links to the studies and articles mentioned can be found under the time stamps.
TIME STAMPS:
00:00 Beginning
01:37 Wealth Wisdom
03:07 Unicorn’s Do Exist
04:03 The Worst College Class Ever @ Virginia Tech
06:05 The Worst Classes We Took In College
11:18 Is College Worth It? Wage Comparisons
18:47 Is College Worth It? Student Loan Crisis
22:38 Government Destroyed College Pricing
28:27 Does Prestige Matter For Colleges?
36:40 Is College Worth It?
Mentioned: @vivekgramaswamy @mikerowe @virginia.tech Episodes 43, 61, 72, 102
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CITATIONS:
The Asian Unicorn-The Saola:
[https://www.discoverwildlife.com/animal-facts/saola-annamite-mountains-vietnam-laos/]
Virginia Tech Dance Class Instagram Post:
[https://www.instagram.com/p/DJ4XMPWNqpA/?hl=en]
Pew Research Center - Student Loan Debt:
[https://www.pewresearch.org/short-reads/2024/09/18/facts-about-student-loans/]
Cleveland Fed Commentary - Demand For College Labor In The 21st Century
Finding Equilibrium SubStack - Two Economists on Higher Ed’s Future (The College Wage Premium):
[https://findingequilibriumfuturehighered.substack.com/p/the-college-wage-premium]
The Timeline and History of Federal Involvement In College Tuition:
[https://www.luminafoundation.org/history-of-federal-student-aid/chapter-one/]
Education Data Initiative - Average Cost of College and Tuition:
[https://educationdata.org/average-cost-of-college]
Education Data Initiative - Average Cost of College and Tuition:
[https://www.phila.gov/media/20240627103158/Prevailing-Wage-Rates-%E2%80%93-June-2024.pdf]
EP. 043: Education Deep Dive Part 1: History of Education
EP. 061: Education Deep Dive Part 2- Schools For Kids Who Can’t Read Good
EP. 072: Education Deep Dive Part 3-Alternative Schools
EP. 102: Education Deep Dive Part 4 - Homeschooling