The blog text also contains some worthwhile information. (A word of warning, though - toward the bottom there is a picture which includes some text that some of you will consider offensive. It's still worth the read - but you might not want to share it with your kids.) The part that caught me most off guard was this paragraph:
Then consider the greater than $48,000 average cost (four years) of state college tuition and the fact that many students (I’ve seen figures as high as 78.7%) require remediation once they are there. Consider that in 2005, starting salary averages for college grads were between $29,733 and $53,279. Add to it all the idea that you need be degreed before you can answer a phone and it becomes clear that our education system has been set up to weigh students down in debt before they make a dime.
What's frightening to me about the average salary for college grads is that while engineering graduates generally make excellent starting salaries, liberal arts graduates (which in my experience constitute the majority of college grads) generally make no more than about $35,000 to start. How long will it take to pay off almost $50,000 in student loans if you're making less than $40,000 per year? And that doesn't count graduate school, which is often necessary these days in order to get a long-term career position in either the arts or the sciences. My husband and I have been looking into graduate schools lately, and it would appear the least expensive M.A. degrees available, generally from public universities, are at least $25,000. Some cost as much as another $50,000. So by the time our kids get their bachelor's degree and their master's degree, they are looking at a debt of perhaps $100,000 or more. That doesn't include room and board, which must somehow be covered while the student is going to school full-time and trying to make time to study besides.
Anyone wonder why I choose to homeschool, and why my children will be going to college early? :) So click on over, watch the video, read the blog post, and see what you think. What are the problems plaguing public education? And how might they be fixed?