Module 2, Lecture 5 PAF101 PAF 101 The ability to follow directions is a mark of superior intelligence. - Reported by, Carolyn Da Cunha

Class Agenda Announcements College Sucks Assignment

Competition Points Competition Points as of 2/10/2014 Winners Group #Points Losers

Things You Wont Learn in School Rule 1: Life is not fair - get used to it! Rule 2: The world doesn't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself. Rule 3: You will NOT make $100,000 a year right out of college. You won't be a vice-president until you earn it.

Things You Wont Learn in School Rule 4: If you think your professors are tough, wait till you get a boss. Rule 5: Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping: they called it opportunity.

Things You Wont Learn in School Rule 6: Your school may have done away with winners and losers, but life HAS NOT. Rule 7: Life is not divided into semesters. You don't get summers off. Rule 8: Be nice to nerds. Chances are you'll end up working for one.

Coplin on College Why College SUCKS!!! For you America And the American dream But it doesnt have to suck for you Just listen

College Board Study Study entitled Education Pays 2007 states higher education yields significant rewards to its recipient and society as a whole. What is the College Board?

And What is the College Board? College-for-all mentality Our study should motivate U.S. policy makers to work toward improving access to postsecondary education for all segments of the population. Is this Love or Greed?

More on the College Board The CEO of the College Board makes about $900,000 a year! Total Revenue in 2010 = $659,809,288 Total Expenses in 2010 = $594,174,547 Total profit = $65,634,741

Good News

Good News for Society Higher levels of volunteer work, blood donations, voting Openness to others opinions Healthier, off of welfare More Good News

Bad News 65% of graduates have debt Average debt is $25,250 (2011), 5% more than what students owed in 2009 Growing college debt - In 1993, the average student debt was $12,100. Video on Higher Education (2 min) Note: There is widespread belief that colleges do very little to prepare students to be constructive citizens of society.

College As An Investment 35% of students graduate in four years and 53% in six years. It might make more sense to put money in a mutual fund. Its very risky especially as the price goes up. Bad News

A Public Policy Investment Does it create economic growth? How much personal and public debt does it increase? What does it do for the poor? Bad News

Really Bad News Source: National Center for Education Statistics, 2010.

Social and Economic Downside Bad News

Lack of Job Preparation 90% of college graduates reported that their degree was useful in getting a job but did not prepare them with the necessary skills to succeed in the workplace. Chronicle of Higher Education, 10/15/ % of employers say that students are not prepared for the workforce (Survey by Duffey Communications, 2005) Bad News

What students Learn in College? Not much academically Prose and document literacy has declined by about 25% from 1992 to Quantitative skills stayed the same at 31% proficient. Graduate but Not Literate, Inside Higher Education News, December 16, 2005 reporting on the U.S. Education Departments student entitled The National Assessment of Adult Literacy.

What does this mean? Too many people are going to college…for most Americas young people, todays college is a punishing anachronism. Charles Murray

Americas Reality We have set up a standard known as the B.A., stripped it of its traditional content, and made it an artificial job qualification. Then we stigmatize everyone that doesnt get one. Charles Murray

How Many 25 & Older Have Bachelors Degrees 32%

For YouThis is Reality A college degree and a dollar will get you four quarters. Bill Coplin in 10 Things Employers Want You to Learn in College

Reduce the Riskiness of College Figure out X A College Degree + X = Career Success

Graduate School Sucks Too Unless required for job (e.g., Doctors and Lawyers but Law School Sucks) Unless you have at least 2 years experience after college Unless the program you take has high job placement that you can verify Universities are in business and you are the sales target.

Enough About You What does it mean for America? Is subsidizing college good public policy like the College Board claims? Is Syracuse University delivering what it promises for you? The topic for the next lecture.

Outside Speaker Announcement Ms. Marissa Mims Fayetteville-Manlius Board of Education President Executive Director of the NYS Association for Women in Administration Research this speaker and come to class on Wednesday prepared with questions to ask

For next class Speaker – Marissa Mims your TA the Prospective Community Service Form by 12:45pm Wednesday Should be finished with all exercises in chapter 2 and 3 by today Read Chapter 4 Module 2 due 12:45 on Friday, 2/21