/biz/ - Business & Finance

>>373578
enjoy your for-profit college scam

Why be some specialist when its easier to be hired and make bank as a nurse or welder. Hell you could be trained as both for free.

1) Not to say that I don't believe my college, as well as most private colleges in the United States, needs to get a handle on its constantly growing tuition. $60,000/yr is a feasible price for anyone not living off their stupidly rich parents. That said, its not a scam. Its like how different people can all think that they're right with different answers. Its not designed to hurt, they just honestly believe that is the correct price for college.

2) Making bank isn't my main goal here. The problem is that to be credible in the field I want to go into, you need to have certain accreditation. Hell, I barely believe that all of the certification exams are really necessary. "Good Will Hunting" made the excellent point that you could learn all this shit 10 cents in late charges at the local library. Whats your profession by the way?

>>373596
>$60,000/yr is a feasible price

enjoy your debt lol

>Making bank isn't my main goal here.
oh don't worry, with what you'll have to pay back you won't make "bank" for a fucking long time.

Whats your goal when you graduate? If your looking to do some wall street/IB gig then yeah private school with posh alumni may be worth it. If your OK just being a government economist then no the private school is not worth it.

You are basically indebting yourself to a new bmw every year. Do you feel you think you can afford four bmws on $45,000 a year?

>>373596

denial general

>>373601
That was a typo, although I hoped it would be clear from the context that I think $60,000 a year is so ridiculous that it literally makes me sick to think about. The only people who CAN afford it are the jaggoffs who come here because their parents said "Well you need some kind of degree before I hire you at Goldman, heres a blank check, go somewhere." So yeah, I understand the debt, and its going to blow, but it shouldn't be too bad. If I pay it back over the course of 30 years with the minimum monthly payment, then yeah im "Just paid 4 times my loans for most of my life" fucked, however if I pay them back over the course of 10 or 15 years, I should be fine.

And making bank isn't even kind of a priority. Assuming my shitty chrubuntu laptop is still functioning, as long as I can afford a room, a desk, an internet connection, food, soap, desk supplies, and the maintenance costs for where I'm living (Water, electric, etc), I'm happy. So the goal here is to earn slightly above the cost of living in my state.

>>373617
My goal when I graduate is to, for a time, be said wall street "I'll be selling high risk target date CMOs from the opening bell till I'm out of Adderall" guys. Am I happy that I'm going to do it? Not at all, but it both tends to pay well and will allow me to gain professional credibility so, when I eventually move to what I really want to do, which is essentially doing research into macroeconomic trends associated with resource production with a think tank or an organization like the World Bank into trends in resource production. I mean, will the quality of my college matter if I take my series 7's or the CFP or some other financial certification exam like that, score high, and apply for jobs?

>>373657
Yes. So much denial. I'm much better a friend of mine. Shes at the same school and in the same situation, only she isn't worried about it, is going abroad while shes in school, and shes an english major with plans of working as a high school teacher.

>>373596

>you could learn all this shit 10 cents in late charges at the local library.

Maybe at the Undergraduate level for certain fields (especially social sciences), but any rigorous field requires a curriculum that entails experiential learning. Working in labs or field projects. Working in teams on case projects that get ripped apart by professors. Honest conversations with professional experts that tell you the realities of the field, beyond what the textbook says.

The right program does provide value that books don't offer, and you can find plenty at public institutions.

>>373669

>Assuming my shitty chrubuntu laptop is still functioning, as long as I can afford a room, a desk, an internet connection, food, soap, desk supplies, and the maintenance costs for where I'm living (Water, electric, etc), I'm happy. So the goal here is to earn slightly above the cost of living in my state.

Good on you, anon, for pulling your head of the ass of modern consumerism.

Here are some reasons to keep you on track for this sort of lifestyle.

http://www.mrmoneymustache.com/

http://earlyretirementextreme.com/

http://www.bogleheads.org/wiki/Getting_started

>>373681

*some resources

>>373578
It really depends on your income. I know people that did the Community College -> State School -> Prestigious MBA school and I also know people the started at Harvard and didn't leave until they have an MBA. Yet both work together at the same business, same title.

If money is an issue then I would recommend the former path. Where you get your MBA from really defines where you'll go in life because of the alumni/connections.

>>373678
Are professors useful? Yes, absolutely, no doubt about it. That being said, their value heavily relies on their availability. At many state schools, the professors (At least in theory) are less connected and garner less academic respect than some of the professors at my school, making them technically more worth the money. However, professors here generally fall into 2 categories; unavailable and available. Unavailable professors tend to be constantly doing research. The down side to that is, in a class that they teach, the text book is really all you've got, but the plus side is the focus on undergraduate research at my school. That means taking a class with them a way to get brought on to work with them and learn from their professional experience. Available professors tend to do less research, so their able to teach the material with a professional and realistic outlook, but theres no option to get hands on experience through them. Its not to say that they have no value, but that their value depends on alot of things and, compared to the cost of a drive to learn, the internet, and a library pass, they don't hold as much value

should have went to a cheap state school

>>373713
Yup. Well fuck.

>>373708

>>373743

>>373578
>$40,000/yr unsibsabized loans
Jesus Christ

>>373588

completing college has greater long term returns

http://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html

>>374105
doenst mean shit if thyre arent any high paying jobs available lol. A community college grad who saves and invests but only makes 50k will make way more over the long run if his portfolio performs well.

>>373578
You have already kinda fucked up but nothing horrible. Do you Gen ed and breadth of knowledge classes at a cheapo college and finish your degree at a nice college. Do your research and make sure the credits from your cheapo school transfer

Ever think maybe you don't actually belong at such an exclusive private college if you can't win a scholarship and your family doesn't have the money to pay?

State schools exist for a reason, and many of them are good enough to get you into a top tier grad program if you work hard.

I went to a top 20 liberal arts college on 90% scholarship. However, I would have never paid money for it: no undergrad is worth that.

>>374179
Oh no no I have parents to help pay for it. Note the $20,000 difference between my loans and the college's cost. If that wasn't the case, I wouldn't have touched a private college. The kids here who need to get smacked are the ones with 0 loans, no brains, new bmws, and no real ability to be useful people

>>374316
Please do, smack away.

>>374316
> The kids here who need to get smacked are the ones with 0 loans, no brains, new bmws, and no real ability to be useful people

bro, you went to a private FOR PROFIT school

you have NO room to judge.

>>374337
>private FOR PROFIT
Given that you don't seem to understand some very basic concepts about colleges, let me help you out here. A PRIVATE college is one that operates without the use of direct government funding. Instead, people pay more money to go to a private college than a state school because a state school is subsidized by the... wait for it... state.

A FOR PROFIT college is different from a private college in a number of ways. 1) A for profit college is directly linked to a business entity that explicitly used tuition from students to make money for a set of marketing executives.
2) While both accept tuition from students to fund their programs, private colleges aim to spend ALL of the money to fund school programs. While they may not distribute the money as equitably as I would like, they are still distinctly different from a FOR PROFIT college. A FOR PROFIT college aims to spend as small a percentage of their collected tuition on their programs and maximize the amount of money their business earns. These businesses try to maximize the difference between the total cost of running the college and the gross PROFIT from tuition, which some might call the marginal PROFIT earned.
3) Unlike most private colleges, many if not all FOR PROFIT schools would accept you. In fact, thats not even a jab at your intelligence because FOR PROFIT SCHOOLS ACCEPT ANYTHING THAT CAN WRITE A CHECK THAT WON'T BOUNCE

>>374448

no offense but you are a nigger

all for profit colleges are private, but not all private colleges are for profit

lrn2 not be an idiot

>>374105
on average

it's not for everyone. I know people who never went to college that are worth millions in their early 30s

>>373578
>Lower than I'd like due to adhd
>adhd
Being stupid?

>Double major in Econ and Poly sci with a possible minor in Geology (Part of something I research in my free time )
kek

>should I stay at this school or is it a shitty financial move
You already fucked up by choosing two worthless majors, and even worse when you fucked up your gpa because of your special snowflake retard bullshit.

Have fun working for the gov't in the future, jackass.

>>373578
OP you are going to take path you have chosen then you have to do it very very well. Why are you doing Poly sci and not Math?

Also spend some time checking out dietary stuff in relation to adhd.