Oso planning to go pro
One of the reasons my wife and I really worked to make sure our daughter graduated college with a old used-car worth of debt and not a BMW amount of debt. Starting out $100k in the hole is rough.
I was in a good spot financially after Marquette. Went back to grad school. That set things back. Happy with my career decision. But I'll be behind the debt 8-ball for decades
Out of curiosity, why did you go back to school then?
PA school. I should have clarified that I'm much happier in my career/job now vs before grad school
TAMUI do know, Newsie is right on you knowing ball.
Had grad school 100% paid for by my company...took an extra year going nights and weekends but easy trade to have zero tuition debt.
I wish either of those was an option
Unfortunately, this is a perk that has been slashed dramatically by companies everywhere. I did my MBA courtesy of the trade association for which I worked in the 1980s. They paid 75 percent of it and the remainder was tax deductible. The amazing thing was no one other than our administrative assistants took advantage of it until I did.After I began working on my MBA (Loyola University of Chicago), our firm paid for about three Northwestern MBAs, one University of Chicago MBA and a DePaul University math degree, almost all from the same department of our firm (mine). Even in those days, that was very expensive.Firms themselves were in a conundrum. They spent a lot of money on MBAs. They had people who were overqualified for their positions but were not always situated to move those folks into positions appropriate to experience and education. So the folks left, meaning the company made a massive investment in a person's education but got little back for it.That's probably the biggest reason why the tuition assistance programs died.
You're probably right, but I also think universities have priced companies out of offering that perk as well.One thing I see a long term trend with companies is acting like employees are commodities and that will impact those companies negatively long term. Yes at lower wage levels automation starts to take over but that means you have to opportunities for creating value in terms of new products and services which will require talented/educated human capital. Companies are acting very short sited right now
https://www.theatlantic.com/ideas/archive/2018/12/stop-blaming-millennials-killing-economy/577408/
Looks like a nice millenial wrote that article.
Yea. Facts and statistics are a real pain.
I've raised a few millenials. Worked at one time with more than I can count. Patience is a virtue they lack. Most of us had to wait our turn, but I found all too often an entitlement by some. Some got it, too many didn't. They couldn't wait to tell you how they were the smartest hot shots in the room, but they lacked experience which is the great equalizer. Experience takes time, and to many didn't want to wait in my opinion. They are also part of a much more competitive world than in the past, that's a matter of timing and bad luck. Of course they could have been fighting in wars and being killed if born in an earlier generation, but that would require perspective and less whining.