Forbes recently published an article on a report that described nontraditional students as the “new majority” of higher education learners in the United States. I have three studies on “college outcomes.” Here are college outcomes statistics for the average college student: Thirty-nine percent drop out. Twenty-seven percent graduate but find themselves underemployed or unemployed. Thirty-four […]
What are the Disadvantages of Being a Nontraditional College Student?
The Broken Promise of College for Everyone
I won’t say you are being lied to about college today; I will say you are being misled. JFK was president when I received my undergraduate degree. Back in the day, only 7% of high school graduates took the leap to “higher education.” College was rigorous. Students flunked out. However, Demand exceeded Supply. If you […]
Is It Still Possible to Work Your Way Through a Four-Year College?
There is no comprehensive data on this subject, but I think there is a way to get to an answer. Today, making a success of college is very difficult because Supply exceeds Demand and college costs have exploded. Only about one in three students who matriculate succeed, graduate and score a well-paying, professional job. If […]
The Advice I Gave My Grandchildren on College
I am stretching the truth a bit here. My youngest grandchild is a college senior this year. Actually, this is the advice I would have given my grandchildren if I had known everything I know now fifteen years ago. JFK was president when I received my undergraduate degree. Back in the day, only 7% of […]
What Color is Your Collar?
The term “white collar” originated in the early 20th century, derived from the dress shirts that were standard business attire for male office workers. The term was popularized by American writer Upton Sinclair in the 1930s when describing clerical, administrative, and managerial workers. The contrasting “blue collar” was already in use by then, based on […]
It is Time to Give Up on the Idea of “College for everyone.”
President Obama was right when he said, “every American will need to get more than a high school diploma.” However, policy makers, Republicans and Democrats alike, are clueless when it comes to college. College is a Competition There are only so many well-paying, professional jobs available for college graduates each year. According to a recent […]
The redux version of “Is College Still Worth It?”
I have addressed this subject multiple times over the last eleven years. You can forget last year’s version. In the immortal word of Bob Dylan, “The times they are a-changing.” For decades, college graduates enjoyed higher earnings and greater wealth than individuals who did not graduate from college. This circumstance came to be known as […]
Is it OK if I Just Make Minimum Payments on My Federal Student Loans?
The federal student loan system is a trap for the unwary. Almost any high school graduate can find a college or university that will accept them because most schools are not all that selective. Once accepted, your “generous” government will loan you tens of thousands of dollars without any regard to your academic prowess or […]
Warning to 1st Gen Students
More than one third of undergraduate students are 1st Gen. The most common definition of a first-generation student versus a continuing generation student is that neither one of a 1st Gen’s parents graduated college. Graduation Rate The average graduation rate for high school students who matriculate is 62%. The graduation rate for 1st Gen students […]
The AI Factor of “Is College Worth It?”
Students and their parents view college as a “golden ticket” to a comfortable financial future. They don’t understand that college is a competition. For decades, college graduates enjoyed higher earnings and greater wealth than individuals who did not graduate from college. This circumstance came to be known as the “college premiums.” The college income premium is the […]
