MN Fringe – College, is it Worth it?

31 Jul

MN Fringe Festival – Brave New Workshop Student Union – Sunday Aug 5 – 10 PM – Guest: Chris Ferrell, Economics Editor of American Public Media

Purchase your tickets via our Fringe Festival webpage. Don’t wait; once they’re sold out, they’re sold out!

Tuition prices have been skyrocketing for decades. High paying trade jobs are going unfilled. Professional industries are transforming rapidly and jobs are no longer guaranteed. Is a liberal arts approach sensible anymore with an economy that’s increasingly relying on the hard sciences? When weighing the decision to attend college, whether it’s a two year, four year, or graduate program, is it worth it? Not only because you may need to acquire considerable debt for that degree, but could the time spent in school be put to more practical use elsewhere?

The cost of attending a four year college has been steadily climbing with no end in sight. Rising cost at home and abroad have left caused some students to demonstrate. On the flip side, schools with wealthier endowments have started offering some students the opportunity to attend tuition free. Though that’s not available to everyone, at what point does attending school become too much an economic burden?

From budget360.com

The recession has brought drastic changes to many of our professional class professions. Many law firms have instituted hiring freezes, clients no longer want fresh graduates assigned to their cases, and while the job pool is contracting schools continue to add more students. Outraged students filed a lawsuit against their school contending that they had been overly mislead and that their degree was now of little value. While not every professional class shares these trends, several schools are making drastic changes in response.

What is the value of a liberal arts degree? How do we measure the benefit of a comprehensive education that covers all the humanities and sciences? Many are saying that the realities of today’s job markets carry a demand for them. Florida Gov. Rick Scott has called on scaling back the social sciences in favor of sectors that he views as more vital for job growth. How should we value industries that aren’t traditional money makers.

For profit colleges recently won a court ruling that decided that they will not be penalized for saddling students with high levels of debt and limited job prospects. These schools have an exceedingly high drop out rate, but students continue to matriculate to these colleges without much to show for it.

Join us with Chris Ferrell, Economics Editor of American Public Media, on Tuesday, August 7 at 8:30pm when we talk about the costs of college and whether or not attending is worth it.

Purchase your tickets via our Fringe Festival webpage.

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