Finance
Financial Risk, Investment in College and Academic Clout Often Over Blown
All too often academia misleads parents and college students into believing that their institutions carry clout. In fact in the end it is the individual not the school, which provides propulsion in one?s career you see? One thing that colleges and universities always tell students and parents during pre-enrollment visits is that; ?Our institution places 85% of our graduates in the Fortune 500 Companies.?
Well that is just grand, but doing what, being the janitor? And what do these corporations do with all these up and coming kids? The average corporate employee now changes jobs on average every 3.2 years you see? The average corporation has an under funded pension issue now, are they going to give you or your child a guarantee that they will never fulfill? One could say what does it matter if you kid will only work there for 3-4 years anyway? Universities always tout who went to and/or graduated from their institution? Of course they do not tell you how many kids committed suicide or failed out or were let go by these corporations the first time they downsized in a downward sector rotation or a downward business cycle do they?
You know that is false and misleading advertising, businesses must always disclose the good and the bad when selling stocks, franchises or investment opportunities? Well what do you call those high fees of tuition? It is an investment in your child?s future and therefore you have the right to know how big the risk is and therefore these universities should disclose the whole truth and not misrepresent. Why are they able to cheat the system like this? Consider this in 2006.
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Lance Winslow
Tags: Financial Risk, Investment in College, Academic Clout, Over BlownSimilar articles
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