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Comment Re:No you cant (Score 1) 557

Average nationwide tuition at a 4 year public school is 7.6k per year (30k total)
4 year private school averages 30k per year (120k! total!)
google says ITT costs 30k per year
google says devry costs 14k per year

Traditionally people at public/private schools are also going to pay for room and board as well, which many places double the cost. However, Since everyone has the option to stay at home or rent we can ignore that.

So these schools are more expensive than state school, and up to as expensive as the average private school (but significantly less than the elite private schools)

So i will admit my cost estimates were off, but I still hold that job prospects for the public school people are pretty bad too. For the masses/sheeple, going to community college or straight out into the workforce is quite often cost effective.

Those who can specialize in areas with shortages will be better off.

Comment Re:No you cant (Score 1) 557

I absolutely agree that education leads to higher earnings and better employment options. My point (perhaps poorly made) was that even accounting for your 2-3x better job prospects, employment in the chosen field (especially for "soft" degrees) is still bad (even though you are better off than someone with no degree), and the cost of that degree was huge.

My fiance has a masters in art history and metalsmithing. 80k in debt, and her one department (highly ranked and respected) turns out about 10-15 people like her every year. A few thousand of them across the country.

Nationwide, there are a handful of (mostly academic) positions, some industrial positions, and the rest are the proverbial "starving artist"

Other departments like english, the humanities, womens studies, etc are the same, except they don't have the industrial positions.

Comment Re:No you cant (Score 0) 557

I agree, and this somewhat reinforces my point.

Liberal arts colelges, for the most part, dump out hundreds of thousands of interchangeable people with no real skills. There are of course exceptions. Doctors, engineers, some of the scientists (although many are just recycled into faculty), some of the tech people (although in my experience any person with a masters or phd in comp sci is 100% worthless on the job)

Tech schools are focusing on areas where there are more shortages of workers (or at least the impression of shortages of workers). Now, they of course have a perverse incentive to make the shortage appear worse than it is, and continue its existence even after the shortage is no longer there. But they are responding to at least some level of market dynamics, which by and large traditional schools are insulated from completely.

There is a reason all schools (private and public) do not publish good salary or job sector data. They just give the number of people having any job. You might have gone to school for engineering, and be serving fries - thats a win to the school

Comment No you cant (Score 2) 557

But you also can't trust public colleges, and for the same reason.

Public colleges in general cost SIGNIFICANTLY more than these tech schools, and the job prospects for 4 year grads are dismal. Go to grad school (especially in something like English, Art, and the Humanities), and your only job prospects are probably working for the same school that gave you the degree.

Even formally "instant upper class" things like law school are not a good payout anymore.

Patents

CSIRO Reinvests Patent Earnings 86

ozmanjusri writes with an update to a story we discussed a few days ago about a $200 million patent victory by CSIRO, Australia's governmental science research body. The organization has now turned around and reinvested $150 million of the proceeds into the science and industry endowment fund, which has already established three grants: "$12 million for two wireless research projects and $7.5 million for up to 120 fellowships and scholarships." CSIRO boss Megan Clark said, "It's very important that when you have a success like this, you reinvest it back into the wellspring. It's really about supporting areas that might need a helping hand in some of the frontier areas and research that actually tackles the national challenges."

Feed Science Daily: Molecule With A Split Personality (sciencedaily.com)

Researchers made a porphyrin-like ring that can do something its paper analogue can't: the new molecule can switch back and forth between the one-sided Möbius topology and a "normal" two-sided state (Hückel topology) -- without breaking the ring.

Feed news.com: New HD DVD players on the way? (com.com)

Blog: According to the early Amazon product pages, we can expect to see three new HD DVD player on October first: the Toshiba HD-A3, Toshiba HD-A30 and Toshiba HD-A35.

Comment Re:Interesting. (Score 4, Insightful) 216

by definition you cannot have water in solid form at a temperature higher than freezing. That is what freezing means. The freezing point (as well as the boiling point) is not a fixed value though, and can change based on pressure and any impurities in the water. Technically your teacher was right, according to the words you and he were using.

Feed Got A Good Credit Score? Rent It To Someone In Need (techdirt.com)

One of the common consequences for victims of identity theft is that they can see their credit scores get damaged, and because the big credit agencies don't offer much help in monitoring and fixing this, it can be a major hassle to get the problem resolved. Barry Ritholtz to an interesting story about a different kind of fraud, whereby people with good credit scores can sell their credit histories to people who want their own score boosted. Basically, the law states that people are allowed to add an unlimited number of individuals to their credit card accounts; it's mainly intended for parents who want to put their kids on the account. But, various websites have emerged to take advantage of this loophole, enabling people with bad credit histories to improve their score by getting access to a good credit history. It's not clear how widespread this actually is, but it pretty clearly violates the whole point of a credit score, since it's supposed to give the lender some idea of how reliable the borrower is. Fair Isaac, the company that developed the FICO score, says it's currently in talks with the FTC to stop the practice. The question, then, is whether shutting down this loophole will do the trick, or whether credit history brokers will simply find another loophole.

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