USC pushed a $115k online degree – graduates got low salaries, huge debts
Ehh eh.I went to a CSU for like 6k a year.If you want to be elitist and attend the most expensive school possible, you have to eventually pay for it.>
Ms. Fowler, a 2018 graduate, enjoyed the program but owes $307,000 in total student-loan debt, including about $200,000 from the master’s degree. She said she earns $48,000 as a community mental-health therapist in Mount Pleasant, Iowa.This translates into paying 300k to feel prestigious. At dinner parties she gets to tell everyone about how she's a USC grad.Adults have a right to make poor choices.That said, having a hard cap of 100k unless enrolling in a high paid field ( Dr , Lawyer, anything that requires a state sanctioned license) would be a good idea.The problem with Student Loan forgiveness is it would typically help the highest paid Americans. Most people with 100k plus in loans also make very good money.Why in God's name would you go 300k in debt to make 50k ?I see the same problem with boot camps, instead of accepting that building a six-figure career just takes a while, people want a shortcut. I got to six-figure figures without even having a BA, but it took a long time in a lot of very hard work.Actually it only took me about 3 years from dropping out of college to my first six-figure job, but I was programming at least 40 hours a week back then. This was after work of course. Even now I'm off and happiest when I'm building my side projects.