William Henderson and B. McGraw talk about higher education. What purpose does it have? Why are student loans going up so much? Is it really worth it? This is Part 3 of 3 episodes.
We talk about who owes the most college debt in the US. Specifically, wealthier families are more likely to hold student debt than poorer families, mostly because wealthier people are more likely to go to college. We also discuss for profit colleges, and how they have lower outcomes compared to nonprofit public and private universities.
We go over the overlap in outcomes between college graduates and non-graduates. Although on average college graduates make more than people without this education, there are certain majors which lead to lower incomes, sometimes even lower than the highest paying blue collar jobs. Additionally, we talk about coding bootcamps, and whether they are a good substitute compared to getting a computer science degree. We also briefly discuss the role of international students and faculty in the university system, and talk about some topics related to sports programs in universities.
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0:52 who owes student loan debt
2:08 for profit colleges
3:14 overlap in outcomes (2)
8:45 coding bootcamps
21:45 international students & faculty (2)
25:00 sports programs (2) (3)
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