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by dijit 1058 days ago
Unsure mate, if you have to pay $200k to get your foot in the door then the system is rigged in favour of the elite (again).

I think you're suffering a bit from sunk cost fallacy and a little bit of "got mine", there's absolutely no reason to continue this.

I (and practically all of my friends) may be outliers, but if nothing else it's proof that you can do highly specialised jobs with vocational education.

As mentioned, higher education has massive value to society, but if it is product that forces you into a considerably unfavourable economic position from the beginning of your career, and certainly not as a gate for establishing yourself to employers -- that it has been used that way does not mean that it's a good idea.

There are many stupid things we do as a society, like changing our clocks backwards and forwards every year; the only reason it continues is inertia and our stubbornness to change.

2 comments

>Unsure mate, if you have to pay $200k to get your foot in the door then the system is rigged in favour of the elite (again).

I get what you're saying and I agree it's absurdly expensive for what you get. But even for the current college bubble, $200k is above the median students pay for college. The school's tuition currently is $51k, and for reference, MIT is 55k. Apparently the median is still absurdly high ($44k, what the actual hell?), but there are a lot of cheaper options, as well as community college, to help bring those costs down.

> I think you're suffering a bit from sunk cost fallacy and a little bit of "got mine"

No, the youth I typically advise are from the types of backgrounds that need every advantage to get the good jobs. They don't "pattern match" the other staff, so they have to compensate by looking better on paper. I have 100% seen people walk into jobs without any credentials; I have not seen anyone do it who doesn't look like management.

> if you have to pay $200k to get your foot in the door then the system is rigged in favour of the elite (again).

Should have added that this number is also an outlier. OP possibly works on a team with people who were all-in for $60k over 4 years (in-state tuition, living at home). The giant public university in my city has an average cost after aid of under $20k annually (including room & board). Living at home, a student could make a dent in that working at an amusement park over the summer.

Some people choose a luxury experience, which is fine. But most students don't go to those colleges.

But yes, college is too expensive. We should resume amply funding state universities.