Many public universities are sitting on billions of dollars in endowments that generates significant income. For example University of Texas has a $30 billion endowment that generates $2 billion a year in cash. They aren't hurting.
As a person who knows a lot of rich people: that isn't true. Technical degrees and good for making a good salary and having a good career, but they people at the top invariably have non-technical degrees. In America (and probably the West in general) that is how it works. If I wanted "real" money, I would never have gone to engineering school.
Not necessarily true. You would be surprised how highly regarded those small liberal arts schools are. For example Middlebury and Smith colleges. Most people haven't heard of them, but their list of alumni is extensive. In liberal arts it is who you know, not what you know, when it comes to your career when you graduate. Engineers don't understand this, because it is illogical, but that is how it works. You go to the "right" school you get the "right" job. It doesn't matter if you are as dumb as a rock. That is how the 1% stays in the 1%.
"There is no need to spend $60K or more and certainly no need to borrow all of that..."
Um, yes it can be. What if you can't live at home? Sounds like you don't understand at all. If your kids were not living at home you would be spending $60k or more, even with your numbers. What is the difference if you pay $40k vs $60k? You would be better off spending the extra $20k now if it means you can go to a better school.
Baloney. I don't know what world you are living in. If you have a STEM from MIT you are set and are guaranteed a much higher starting salary than someone coming from, say, Penn State. No offense to Penn State: they have a very good engineering school. But the assumption is that the MIT grad is better, even though it might not be true. And by the way, there is a reason EVERY current Supreme Court judge comes from exactly two schools (Harvard or Yale). It is the institution that matters.
"Now I understand that not everybody has $23K burring a hole in their pocket, and not every one has quality schools within driving distance,"
Sounds like you DON'T understand that. WTF. I'll never understand people like you. Not everyone is in the same circumstances. And $60k isn't much more than $25k anyway when it comes to something as important as education. A STEM degree from a better university will net you much much more than the difference.
The value of the property is determined to what similar properties in the area sold for. That is what appraisals determine. A house in Kansas will not appraise for the same amount as an identical one in San Francisco.
1) Moore's Law is already dead 2) Air-gap transistors have been around since mid 1990s. 3) No offense, but it is doubtful such a breakthrough would come from some university I have never heard of in Australia. Based on their Wikipedia page they are known for art and design.
Slashdot Mirror
Many public universities are sitting on billions of dollars in endowments that generates significant income. For example University of Texas has a $30 billion endowment that generates $2 billion a year in cash. They aren't hurting.
They probably just discovered nmap and now are "security researchers".
As a person who knows a lot of rich people: that isn't true. Technical degrees and good for making a good salary and having a good career, but they people at the top invariably have non-technical degrees. In America (and probably the West in general) that is how it works. If I wanted "real" money, I would never have gone to engineering school.
How many criminals have you served with justice so far?
Not necessarily true. You would be surprised how highly regarded those small liberal arts schools are. For example Middlebury and Smith colleges. Most people haven't heard of them, but their list of alumni is extensive. In liberal arts it is who you know, not what you know, when it comes to your career when you graduate. Engineers don't understand this, because it is illogical, but that is how it works. You go to the "right" school you get the "right" job. It doesn't matter if you are as dumb as a rock. That is how the 1% stays in the 1%.
"There is no need to spend $60K or more and certainly no need to borrow all of that..."
Um, yes it can be. What if you can't live at home? Sounds like you don't understand at all. If your kids were not living at home you would be spending $60k or more, even with your numbers. What is the difference if you pay $40k vs $60k? You would be better off spending the extra $20k now if it means you can go to a better school.
Baloney. I don't know what world you are living in. If you have a STEM from MIT you are set and are guaranteed a much higher starting salary than someone coming from, say, Penn State. No offense to Penn State: they have a very good engineering school. But the assumption is that the MIT grad is better, even though it might not be true. And by the way, there is a reason EVERY current Supreme Court judge comes from exactly two schools (Harvard or Yale). It is the institution that matters.
By "put out" I assume you mean "share their homework answers"?
Of course. Maybe she could help me with my classwork.
"Now I understand that not everybody has $23K burring a hole in their pocket, and not every one has quality schools within driving distance,"
Sounds like you DON'T understand that. WTF. I'll never understand people like you. Not everyone is in the same circumstances. And $60k isn't much more than $25k anyway when it comes to something as important as education. A STEM degree from a better university will net you much much more than the difference.
Ah, poor Millennials. Well you did it to yourselves.
It is probably just theodp on his usual anti-education rant. He got his and doesn't like competition.
I have no hands and I must scream.
Who said anything about mating? I mean I went to University to study with women. I am not sure what you were thinking about.
I went to University for the same reason as everyone else: the women. There is a reason it is called "the best time of your life".
It's just a joke, snowflake.
This is truly the last thing I expected to see on Slashdot.
No one knows or cares who/what "T-series" is. Stop posting this crap.
Yeah, right. Sounds like a lot of "breakthroughs" in their own mind. Not believing it.
No, it hit a physical one too.
The value of the property is determined to what similar properties in the area sold for. That is what appraisals determine. A house in Kansas will not appraise for the same amount as an identical one in San Francisco.
For $86 million lots of people will do things.
Amdahl's Law proves that a single core running as fast as possible is where it's at.
His mistake was using an Android phone. If he used an iPhone he would have gotten away with it.
1) Moore's Law is already dead
2) Air-gap transistors have been around since mid 1990s.
3) No offense, but it is doubtful such a breakthrough would come from some university I have never heard of in Australia. Based on their Wikipedia page they are known for art and design.