😮 A college that charges $50,000/year for a degree that (hopefully) pays $50,000/year are struggling to get applicants??? Shocked I say. Maybe, just maybe, stop paying professors $250,000/year for professions that make $60,000 in the real world.
Professors there made $250,000 ? That is wild. CS never developed a big name. And I bet they never developed any type of serious endowment. This is poor leadership.
I went to a Catholic college in Washington state to study biology. Struggled with employment, then I checked the college score card website and found the average income for biology majors from my school is around $25k and year, I left with $45k in debt. Student loans have enabled an abusive model of pay now and hope for the best with an unfair standard to overcome to discharge student debts in court. Globalization has left wages for young worker stagnant, paying a premium to go to private Catholic colleges is ecomicaly unsustainable. I say end student loans and force higher education to reorganize into a more efficient model with only programs to fill a specific job. Cura personalis is a marketing slogan, but also is a waste of student’s time and money. I’m glad I broke free from Stockholm syndrome and left the Catholic Church after college, just wish I had left the church before college.
Should have went to a cheap as rotten wooden teeth community college instead. That's what I did and make 50K a year and no debt with opportunities. That's all College is worth now, soon it will be worth less than TP during the class of 2020.
My private Catholic college cost 6000 hours of minimum wage when I went there. I paid my tuition. I was able to find union summer jobs and make almost the tuition in a summer and worked PT during school and took small loans. No free money for me. The State university cost about 400 hours of minimum wage. My daughter went to the same college I did, and the tuition was about 30,000 hours of minimum wage work. I use that benchmark to highlight the extreme imbalances in tuition and lagging increase in minimum wage. I reviewed a yearly report for that university and was shocked to see they had $500 million in cash which I am guessing was a reserve or a building fund. The yearly profit just from tuition at that school was $35,000,000, which I assume falls into the range allowed for non profits. They are allowed to make a certain profit.
These institutions have priced themselves out of business. That, and a shrinking pool of eligible students will force many of these schools to permanently close their doors. This is the backlash for decades of GREED by private colleges and universities.
The annual list price to attend Cardinal Stritch University on a full-time basis for 2022/2023 is $55,420 for all students regardless of their residency. So one year of school is going to cost me $55,420!!!!!!!
I lived next to CSS. For decades it had the reputation as a joke of a school. UWM had that reputation like CSS, but it was worse for CSS. Even Eau Claire and UW Green Bay and Plattville, were seen as options for the low IQ student. CSS was a great place to practice our golf drives, before sold off parts the campus. We use to play our own golf games there with the hole being a small tree. It was on the campus I found a golf putter. Thought nothing of it, until a PGA tour member was at our house for a barbecue, ( He was a friend of my NY cousin and actually dated my sister when he was in WIS ) during the US Open, ( I think ). For reasons that escape me, this golfer looked through my clubs, spotted it and asked my dad if he could buy it. My dad called me at work, asked if I would give it to the golfer. I said no. When I got home, the putter was gone. He was in the group of 100 PGA players on tour. His money list rank was low about $25,000 and in the #80's. Then the next year as I watched his PGA rankings, he made it to about #45 and his winnings ran to about $65,000. I was told I would be getting a free set of clubs in the mail- they never came.
Those building are 1960 vintage. it is 24 acres of real estate. I bet apts are built there. Neighbors won't like it, but they sold off land, 10 acres, and apts were built on the west end of the old campus.
I had no clue the college was that expensive. Why does anyone spend that type of money there, when they could attend UWM or Marquette for the same or less.
This is what happens when you treat students like customers, and also community college is more viable....most people are applying to state colleges or prestigious institutions.
college is for the privilidged and for those with access if ur homeless u r told not to return until u have it situated baring many fron going to school
@@richardfloridaman like I said it’s for the privileged I went to college but when I went homeless they told me I couldn’t come back till my housing was stable forfeiting on loans like fasfa meaning I gotta pay it back before going back to school so despite what u say education is for the priviledged while lower income ppl r asked to leave
I graduated with a ba in geography. The first thing I knew something wasn't right was when the professors told us we needed to take prerequisite courses because employers were complaining that students graduating from college didn't know anything. This is insulting to the high school teachers, along with those who just graduated from high school. As if they didn't have any books to read to learn things about the world back then. I knew this had to be a lie because I never heard of this problem outside of a university or college. Why do we need prerequisite courses when no one asks you what else you learned, other then the major you are in. When I graduated nobody ever asked me what I learned. When I started working for different companies in the office field, they taught me what I needed to know within a few hours or up to a week. I did not need what I learned in a university. I did not need it for the work I was doing. So I basically wasted four years. It was about twelve hundred to sixteen hundred a semester back then to attend a university when I went. It is likely about ten thousand right now. The professors are not smarter then you. Do not put them on some higher level as if they know more then you ever will. They are just as flawed as your average human. Had I invested in technology stocks back then rather then putting it in a university, I would have been far better off then I could ever imagine today. I was lucky to just pay my loans also, rather then relying on student loans. That is another subject that is never discussed in the news media in regard to why they won't pay us back, for those that did not rely on student loans. It was just as hard for us to pay immediately then those who paid on a student loan also.
@@matthewkopp2391 Except Cardinal Stritch was a total joke. Nobody in my circles ever knew a person who went there. I think they had about 800-1200 enrolled back in the day. My guess is the students were from families out of the area, who were not getting test scores high enough for regular colleges, but mom and dad wanted that 18 year old out of their hair, so CSC was the choice. Lived next to the college for 15 years, never met anyone who went there or even heard of anyone who went there. Or maybe people were too embarrassed to admit it. I think of it more as social club for young adults willing to hang out there for 4 years, getting a useless degree.
Get international students from India who will pay for good education. Due to Ukraine-Russia, war, Israel-Gaza war, Canada - India tift, there are opportunities for saving these good safe Universities with good students. Also, it will keep in check spurious colleges and also spurious student candidates caught in scams as in Canadian universities. It is a win - win.
It's time had come. If everybody has a college education then you are no longer special. Plumbers, electricians, auto mechanics, HVAC and building contractors (carpenters) make 100k + per year and there is a shortage of them. 20 years ago I met a Yale grad who spoke 7 languages and couldn't find a job. ( Sold knitting on line) Go figure.
Close those debt factories down! All they do is create debt slaves!
If they cant be price competitive it's simple they should not stay open.
I whole heartedly agree with you, lets CRUSH those F crooks.
😮 A college that charges $50,000/year for a degree that (hopefully) pays $50,000/year are struggling to get applicants??? Shocked I say. Maybe, just maybe, stop paying professors $250,000/year for professions that make $60,000 in the real world.
Professors there made $250,000 ? That is wild. CS never developed a big name. And I bet they never developed any type of serious endowment. This is poor leadership.
Professors don’t make that. But Presidents of schools often make $1 million per year.
And be rich from our money
If a college cross 50,000 a year, it is charging way too much. That’s why it would close down
That is way overpriced.
Whoever pays that is a.... 🤡
@@phoenixrising4995 many go over that when you add books, travel, housing and more.
I went to a Catholic college in Washington state to study biology. Struggled with employment, then I checked the college score card website and found the average income for biology majors from my school is around $25k and year, I left with $45k in debt.
Student loans have enabled an abusive model of pay now and hope for the best with an unfair standard to overcome to discharge student debts in court. Globalization has left wages for young worker stagnant, paying a premium to go to private Catholic colleges is ecomicaly unsustainable. I say end student loans and force higher education to reorganize into a more efficient model with only programs to fill a specific job. Cura personalis is a marketing slogan, but also is a waste of student’s time and money. I’m glad I broke free from Stockholm syndrome and left the Catholic Church after college, just wish I had left the church before college.
Should have went to a cheap as rotten wooden teeth community college instead. That's what I did and make 50K a year and no debt with opportunities. That's all College is worth now, soon it will be worth less than TP during the class of 2020.
My private Catholic college cost 6000 hours of minimum wage when I went there. I paid my tuition. I was able to find union summer jobs and make almost the tuition in a summer and worked PT during school and took small loans. No free money for me.
The State university cost about 400 hours of minimum wage.
My daughter went to the same college I did, and the tuition was about 30,000 hours of minimum wage work.
I use that benchmark to highlight the extreme imbalances in tuition and lagging increase in minimum wage.
I reviewed a yearly report for that university and was shocked to see they had $500 million in cash which I am guessing was a reserve or a building fund.
The yearly profit just from tuition at that school was $35,000,000, which I assume falls into the range allowed for non profits. They are allowed to make a certain profit.
These institutions have priced themselves out of business. That, and a shrinking pool of eligible students will force many of these schools to permanently close their doors. This is the backlash for decades of GREED by private colleges and universities.
The annual list price to attend Cardinal Stritch University on a full-time basis for 2022/2023 is $55,420 for all students regardless of their residency. So one year of school is going to cost me $55,420!!!!!!!
Holy 💩💩💩 That's 💲💲💲💲
I lived next to CSS. For decades it had the reputation as a joke of a school. UWM had that reputation like CSS, but it was worse for CSS. Even Eau Claire and UW Green Bay and Plattville, were seen as options for the low IQ student.
CSS was a great place to practice our golf drives, before sold off parts the campus. We use to play our own golf games there with the hole being a small tree.
It was on the campus I found a golf putter. Thought nothing of it, until a PGA tour member was at our house for a barbecue, ( He was a friend of my NY cousin and actually dated my sister when he was in WIS ) during the US Open, ( I think ). For reasons that escape me, this golfer looked through my clubs, spotted it and asked my dad if he could buy it. My dad called me at work, asked if I would give it to the golfer. I said no. When I got home, the putter was gone.
He was in the group of 100 PGA players on tour. His money list rank was low about $25,000 and in the #80's. Then the next year as I watched his PGA rankings, he made it to about #45 and his winnings ran to about $65,000. I was told I would be getting a free set of clubs in the mail- they never came.
The trades is where it's at 👩🏭👨🏭
Looks like a great place for senior citizen housing 🎉
Those building are 1960 vintage. it is 24 acres of real estate. I bet apts are built there. Neighbors won't like it, but they sold off land, 10 acres, and apts were built on the west end of the old campus.
50K fee is a Cardinal sin.
I had no clue the college was that expensive. Why does anyone spend that type of money there, when they could attend UWM or Marquette for the same or less.
The empire is falling
This is what happens when you treat students like customers, and also community college is more viable....most people are applying to state colleges or prestigious institutions.
college is for the privilidged and for those with access if ur homeless u r told not to return until u have it situated baring many fron going to school
Community College's take anyone and you can get grants and loans and that gives you money to rent a house.
@@richardfloridaman like I said it’s for the privileged I went to college but when I went homeless they told me I couldn’t come back till my housing was stable forfeiting on loans like fasfa meaning I gotta pay it back before going back to school so despite what u say education is for the priviledged while lower income ppl r asked to leave
You don't see Harvard having this problem. It is States like Wisconsin with substandard colleges.
lol you know more schools in Massachusetts closed that year than in Wisconsin
I graduated with a ba in geography. The first thing I knew something wasn't right was when the professors told us we needed to take prerequisite courses because employers were complaining that students graduating from college didn't know anything. This is insulting to the high school teachers, along with those who just graduated from high school. As if they didn't have any books to read to learn things about the world back then. I knew this had to be a lie because I never heard of this problem outside of a university or college. Why do we need prerequisite courses when no one asks you what else you learned, other then the major you are in. When I graduated nobody ever asked me what I learned. When I started working for different companies in the office field, they taught me what I needed to know within a few hours or up to a week. I did not need what I learned in a university. I did not need it for the work I was doing. So I basically wasted four years. It was about twelve hundred to sixteen hundred a semester back then to attend a university when I went. It is likely about ten thousand right now. The professors are not smarter then you. Do not put them on some higher level as if they know more then you ever will. They are just as flawed as your average human. Had I invested in technology stocks back then rather then putting it in a university, I would have been far better off then I could ever imagine today. I was lucky to just pay my loans also, rather then relying on student loans. That is another subject that is never discussed in the news media in regard to why they won't pay us back, for those that did not rely on student loans. It was just as hard for us to pay immediately then those who paid on a student loan also.
This is music to my ears !!!!! These schools have been due for a rude awakening for a long time.
well maybe if the Colleges president need their million dollar pay and bonuses.
$1,000,000 for the President? That is just absurd. Look like the Board of Directors running that place made bad decisions.
@@maxsmith695the president of Perdue U makes over $1 million and there are many more like him.
@@matthewkopp2391 Except Cardinal Stritch was a total joke. Nobody in my circles ever knew a person who went there. I think they had about 800-1200 enrolled back in the day. My guess is the students were from families out of the area, who were not getting test scores high enough for regular colleges, but mom and dad wanted that 18 year old out of their hair, so CSC was the choice. Lived next to the college for 15 years, never met anyone who went there or even heard of anyone who went there. Or maybe people were too embarrassed to admit it. I think of it more as social club for young adults willing to hang out there for 4 years, getting a useless degree.
Get international students from India who will pay for good education. Due to Ukraine-Russia, war, Israel-Gaza war, Canada - India tift, there are opportunities for saving these good safe Universities with good students. Also, it will keep in check spurious colleges and also spurious student candidates caught in scams as in Canadian universities. It is a win - win.
It's time had come. If everybody has a college education then you are no longer special. Plumbers, electricians, auto mechanics, HVAC and building contractors (carpenters) make 100k + per year and there is a shortage of them. 20 years ago I met a Yale grad who spoke 7 languages and couldn't find a job. ( Sold knitting on line) Go figure.
LOVE IT
Bernie Sanders has a suggestion ! 🇺🇸
👍👍👍👍👍