You have a great point Durruck - paying for people to screw around for another 4 to 6 years after high school is a big waste of money, I agree with that. Banks see it that way too. It is far easier to get a loan for graduate school than it is for undergrad because the banks know you will be more invested in your work and be able to pay it off as well.
I agree with you that citizens shouldn't pay for college students to screw around, but the reality is that if students screw around, then they lose the scholarships. In Georgia the minimum GPA for the HOPE Scholarship is 3.0 and you get evaluated every 30 credit hours (around once a school year). The Hope scholarship also stops covering you regardless of your GPA after 127 credit hours. So you can't screw around and you can't change your major 6 times because you'll lose that funding. Tennessee has a HOPE scholarship as well and
a news article from late last year states that 50% of all incoming freshmen lost their scholarship (so they lowered the minimum required GPA from 3.0 to 2.75, heh).
What I want to do when I graduate is go into consulting (I/O Psychology specifically) which will eventually require me to get either a Masters in Applied Psychology or a Ph.D in Applied Psychology (I'll probably go for the Ph.D).
I know there are great opportunities for people who chose to not go to college. I have worked at a Ford Dealership for the past 5.5 years, few people there have educations past high school. One of my best friends is an electrician and he bought a house last year - all with no college education.
For some people, not having a college education is fine and they won't miss a beat, for other such as myself the same is not so.
I don't see a problem with helping pay for someone's education if they are going to use it. When I graduate I definitely wouldn't mind some of my taxes going toward other's education (think of how the US looks in comparison to other nations in the world too...). The way the system for the HOPE scholarship is set up makes it so that if you want to screw around and change your major 15 times you can, but you'll lose your funding. I can't imagine other systems being setup much differently than that.
Vibrokatana said:
Some would argue that the lowered tuition costs lowered the "value" of having a diploma. In effect it turned in a paper with little bargaining power because of the overabundance of college grads w/o jobs.
I wouldn't argue that, though I can see a few exceptions.
How many people follow a school because they have a great English department versus their football team? Not many...
I argue that name and branding associated with a school is what pumps up schools tuition fees more so than educational programs - the more known you are means more people want to come to your school.
The exceptions I can think of would be like Harvard, Yale and Princeton.
I attend Kennesaw State University. No one would guess but KSU is the 3rd largest higher-education school in Georgia with almost 25,000 students.
Kennesaw also has one of the best MBA programs in the US
(CEO Magazine, page 18).
To top it off we have no football team, so no one has heard of us (though we do have a division 1 basketball team... I think).