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Is the younger generation destined for financial failure?

4771.82 is that for a semester? If so, I paid less than that/semester without any scholarships or grants. I have some Canadian friends who paid over double what I paid for tuition, so it must be circumstantial.

I paid at my school I think 210$/credit. It was 190$ wen I started. I took around 12-14credits/semester. I would have taken more, but I was working full time and doing research, so more would have probably killed me

Nah, it's for the entire school year, or 5 credits. A full-year course is a credit. A one-semester course is half. Need 20 credits for a degree, or 35 for a dual degree (they knock off one year for you). Most foundation courses in first/second year (organic chemistry, English, foreign languages etc) are full year courses. Breaks down to $660 a term course, or $1400 for a full year (5x1400 = 7000 for tuition), I believe. So, you graduate with a $28000 piece of holographic paper. :lol: I've never personally paid for courses individually, though. You select your entire September-April timetable in July, pay/defer 65% of the cost by August. Each university is different.

The Ontario government has an education incentive on, where they take off 30% of the total tuition for you. If you're below the poverty line you're automatically given a 2k grant with your loans. If you work part-time, it's definitely possible to obtain a degree without financial difficulty and minimal debts in Canada. Unfortunately, working part-time isn't really an option for people in difficult programs. :(
 
That's kind of what I'm thinking. Even a masters is becoming outdated.. PhDs are the starting position for anything in research.

I think it depends what you want. If you want to work on a research team, a PhD is not a requirement. We recently had a pretty high-up guy from Novartis Pharma in .ch spend 3 months with us and he has an Honours only. However, he tells us he is unlikely to progress to Lab Head without a PhD. Having said that, the lab heads do very little lab work or actual research and mostly do admin and meetings. So he is quite happy without a PhD.

However, if you want to progress beyond Lab Head and into proper high-up management and decision making, a PhD is useless without additional business qualifications. Some of the top Novartis guys have no science/medical background whatsoever, nor a PhD, only advanced business/commerce degrees.

So it really does depend where you want to get to.

-d-
 
I think being an old fart like me .........well you guys got to start making sure we are taken cared of

you would have little rights if fags likes us did not exist.
 
I get really annoyed at all the people who think they need to go to college and spend a million dollars just because high school is over and Mommy told them to or they want to go hang out with their friends who are doing the same. I get outright pissed off at the parents and teachers who tell them this is the only way to make money or they will have to work their ass off at Walmart until they are 90 if they don't. Skilled tradesman are hard to find these days, and it's only going to get worse. People who are good with their hands can earn a LOT of money with very little schooling. Much of the learning is done on the job, so there is never a debt. Personally I don't have a high school diploma and I make more than any college graduate I know. I don't have any debt and never have. (and I'm almost 28)
 
Pete,
Are you sober?
It is here in the states where a VP candidate started the idea of takers and makers. However he really mean some little takers, and then some huge takers. Perhaps it is time to take over the Congress here, and make education a priority without making money for a few very rich people.

Shep+:grrr::grrr::grrr:
 
Eh, I'm skeptical on the employability of an animal biology major too...mostly because they're better off becoming doctors. Have to take the MCAT to be a vet in Canada (don't know about the USA). Although, with the average score being 26.38Q at our most prestigious vet school, they wouldn't have a hope in Hell for medical school anyway...kind of caters to the lowest common denominator.

Can just go to college for a year to be a vet tech and save yourself tens of thousands of dollars (if not over a hundred grand) in debt.



To be fair, I don't pay anywhere close to what Americans do. My student accounts invoice since yesterday states I have to pay $4771.82 in tuition after my internal scholarships and bursaries have been calculated. That's it, and I'm doing two degrees...it's just over 7k for most people. Comparably, it would cost an American $34,133.50 to pay for the program I'm in (but they're classified as 'international students'). I'm guess 34k is still probably cheaper than out-of-state public and/private schools. UCLA is at 52k. USC is 60k, as a private example. Better off leaving America for an education! Ha...
its an excellent major for docotrs. actually, they have a higher percentage acceptance to med school out of my university than the bio students (which is where most pre med kids are).
my school has a large amount of classes for horses, and apparently NJ has a very large equine industry (was pretty surprised to learn this; but apparently we make more off horses than kentucky does). about 1/3 of the major just plans to go into equine care.
artificial insemination is the way lots of animals are bred now. in fact just about every cow in the country is the result of AI. you need to know how to do that, and how to milk the bull (very dangerous job, but a good bull can produce semen worth hundreds of dollars a straw, and each ejac fills many straws).
in the US vet schools accept both MCATs and GREs. and actually in the US vet school is THE hardest professional school to get into, harder than med or law. but if you do get in and graduate, you are past the choke-point for that career.
vet techs dont earn that much. they earn less than 100k in my area (and the cost of living is high here, if you earn less than 80k here, you are poor). and i should have enough money to go without any debt at all - though that is fortunate, i know thats not the average.


my main point, is that success is possible. if you fail, its cuz you failed. try again. dont blame the world for your shortcomings. just sitting in lecture isnt enough. be in the top 10% of your class, get experience from internships, network, and then you will succeed.
 
its an excellent major for docotrs. actually, they have a higher percentage acceptance to med school out of my university than the bio students (which is where most pre med kids are).
my school has a large amount of classes for horses, and apparently NJ has a very large equine industry (was pretty surprised to learn this; but apparently we make more off horses than kentucky does). about 1/3 of the major just plans to go into equine care.
artificial insemination is the way lots of animals are bred now. in fact just about every cow in the country is the result of AI. you need to know how to do that, and how to milk the bull (very dangerous job, but a good bull can produce semen worth hundreds of dollars a straw, and each ejac fills many straws).
in the US vet schools accept both MCATs and GREs. and actually in the US vet school is THE hardest professional school to get into, harder than med or law. but if you do get in and graduate, you are past the choke-point for that career.
vet techs dont earn that much. they earn less than 100k in my area (and the cost of living is high here, if you earn less than 80k here, you are poor). and i should have enough money to go without any debt at all - though that is fortunate, i know thats not the average.


my main point, is that success is possible. if you fail, its cuz you failed. try again. dont blame the world for your shortcomings. just sitting in lecture isnt enough. be in the top 10% of your class, get experience from internships, network, and then you will succeed.


I'm wondering where you get this information. I guess I could believe that you guys have "a high rate", but that's really misleading as it's not a very well sought after major. A lot of people choose to go into biology with the intent to go into medical school, however, most people are really really really really really stupid and didn't stand a chance from the get-go. Philosophy majors also have probably a higher acceptance rate than biology majors, and if I'm not mistaken, they have the highest rate. The reason is they knew what they were going to school for and they fought for it, not because their program necessarily prepared them for it the best. To the contrary, I think medical school is quite a bit harder if you don't some of the recommended classes such as microbiology, parasitology, immunology, pathophysiology, etc.

You are right that Vet School is the hardest school to get into in the country, that I won't argue with you on.

Vet techs don't make 100k? I don't know any vet techs that even make 50k/year. It's a pretty low-paying job actually. If I am not mistaken they get paid like 12-17$/hour.

Of course success is possible with college, it's seen continuously. However, I'm could very well argue the point that college isn't the reason people are successful, or at least not nearly entirely. Those who go to college are generally those who were more motivated to succeed in life, especially if you do well in college. I believe it is this determination that is what leads people far in life.

The whole point of this thread wasn't for me to complain about failing. In my opinion, I haven't failed at life yet. My point was to bring the issue of the seeminly impossible to get out of bubble that is completely destroying our generation, and even if you think that it is each individuals fault for failing, it's something that is going to effect every single one of us when people are unable to pay their loans. Because regardless of whether or not people take out 150,000$ in loans and fail, they won't be able to pay them back, and who will have to?? That's right, you..
 
its an excellent major for docotrs. actually, they have a higher percentage acceptance to med school out of my university than the bio students (which is where most pre med kids are).

I highly doubt that. My school offers undergraduate degrees in life sciences a vast majority of undergraduate students in other schools don't even touch (molecular biophysics, astrobiology, biomedical toxicology, pathobiology etc). You are tossed into an "animal biology" degree if you don't make the cutoff for anything prestigious/useful. It has unlimited enrolment. Link (skip to page 79) And if you don't make the cut, you're not going to get into medical school anyway (3.92 GPA). Ergo, animal biology programs exist for...animal biology, aka vets.

Plus, everyone knows philosophy/mathematics/physics students statistically score the highest on the general GRE/LSAT/MCAT anyway, so I don't know who you're fooling...
 
I highly doubt that. My school offers undergraduate degrees in life sciences a vast majority of undergraduate students in other schools don't even touch (molecular biophysics, astrobiology, biomedical toxicology, pathobiology etc). You are tossed into an "animal biology" degree if you don't make the cutoff for anything prestigious/useful. It has unlimited enrolment. Link (skip to page 79) And if you don't make the cut, you're not going to get into medical school anyway (3.92 GPA). Ergo, animal biology programs exist for...animal biology, aka vets.

Plus, everyone knows philosophy/mathematics/physics students statistically score the highest on the general GRE/LSAT/MCAT anyway, so I don't know who you're fooling...
different schools have different focuses darling.
you are discussing your schools own denominations.
those are some very very specialized degrees you are mentioning there. things that in most places are classes, not whole majors.
i have a very different setup at my school.

those tests shouldnt be grouped like that. GREs are general, LSATs and MCATs are more specialized. they draw people from different majors...
but yes, philosophy majors do score highest in 2 of the 3 GRE sections.
it really is too bad philosophy doesnt have a practical application.

who am i fooling in what regard?
i got an award for being in the top 10% of my graduating class so far.
 
Pete,
Are you sober?
It is here in the states where a VP candidate started the idea of takers and makers. However he really mean some little takers, and then some huge takers. Perhaps it is time to take over the Congress here, and make education a priority without making money for a few very rich people.

Shep+:grrr::grrr::grrr:

maybe your age is showing but damn it I still love you.
 
different schools have different focuses darling.
you are discussing your schools own denominations.
those are some very very specialized degrees you are mentioning there. things that in most places are classes, not whole majors.
i have a very different setup at my school.

those tests shouldnt be grouped like that. GREs are general, LSATs and MCATs are more specialized. they draw people from different majors...
but yes, philosophy majors do score highest in 2 of the 3 GRE sections.
it really is too bad philosophy doesnt have a practical application.

who am i fooling in what regard?
i got an award for being in the top 10% of my graduating class so far.

He didn't mention the GMATs which will crush any liberal arts person's dreams as no calculators are allowed. I know many liberal arts people will "cheat" the system and get an "LOL" masters degree in basket weaving and then apply for an MBA to bypass taking the GMATs.

Will say, even GPAs to some extent have little bearing on exam scores. I was a B student in high school and got a 1370 on the old SATs. On my GMATs, I beat out someone that graduated magna cum laude [3.88] and I had no honors [3.37 and cum laude was 3.4]. She got a 610 and I got a 660. Reckon, IMHO, I did feel I have the upper hand as I was a double major in Economics and Finance while she was just accounting. Course, we both turned out fine of course professionally which is all that matters I guess.
 
In most states you can control the cost of college by attending community college for the first two years of your schooling while living with your parents & working part time. Most four-year colleges/universities have transfer agreements with their state's community colleges -- and if you do well, you'll often receive scholarship money (that you would not otherwise have received, even if you had stronger grades).

I do not feel sorry for college Freshmen who "go off" to college, live on campus with a meal plan and buy a MacBook, iPad and iPhone; after they graduate and obtain employment, they then buy all the stuff they dreamed of while they were in college while making minimum payments toward their student loans. Later, they whine & cry about their debt load.
 
different schools have different focuses darling.
you are discussing your schools own denominations.
those are some very very specialized degrees you are mentioning there. things that in most places are classes, not whole majors.
i have a very different setup at my school.

those tests shouldnt be grouped like that. GREs are general, LSATs and MCATs are more specialized. they draw people from different majors...
but yes, philosophy majors do score highest in 2 of the 3 GRE sections.
it really is too bad philosophy doesnt have a practical application.

who am i fooling in what regard?
i got an award for being in the top 10% of my graduating class so far.

I'm aware. I was stating that something vague, like "animal biology", is not going to be top tier for something outside of your school...a lot of studies have shown the aforementioned majors I posted above are the highest scorers. I'm not bitter, though. Just annoyed. I wanted to stay in Toronto. My university's medical school has the highest median GPA in NA, so I doubt my current choice of degree program would matter anyway. The likelihood of me getting in is slim (I'm only 3.86 when the average is 3.92) unless I take a MSc, score publication credentials next term. We'll see.

Anywho, way off track. I don't disagree with you, njcollegekid. I've already stated much blame should be placed on the student. But, we also need some sort of sweeping reforms. I don't know how we should go about reforming, though...although I would imagine a stimulus wouldn't work. Do American student loans exist after the graduate declares bankruptcy (dunno the financial term, ha)?
 
Anywho, way off track. I don't disagree with you, njcollegekid. I've already stated much blame should be placed on the student. But, we also need some sort of sweeping reforms. I don't know how we should go about reforming, though...although I would imagine a stimulus wouldn't work. Do American student loans exist after the graduate declares bankruptcy (dunno the financial term, ha)?

Government loans [Sally Mae] will haunt you FOREVER especially when the "new" bankruptcy laws changed in 2008 which made federal student loans unforgivable in bankruptcy court. Democrats want to change that but I actually applaud the Republicans for not giving into that. Students should be taught that they can't take out loans, no matter the size and then not pay them back.
 
I'm wondering where you get this information. I guess I could believe that you guys have "a high rate", but that's really misleading as it's not a very well sought after major. A lot of people choose to go into biology with the intent to go into medical school, however, most people are really really really really really stupid and didn't stand a chance from the get-go. Philosophy majors also have probably a higher acceptance rate than biology majors, and if I'm not mistaken, they have the highest rate. The reason is they knew what they were going to school for and they fought for it, not because their program necessarily prepared them for it the best. To the contrary, I think medical school is quite a bit harder if you don't some of the recommended classes such as microbiology, parasitology, immunology, pathophysiology, etc.

You are right that Vet School is the hardest school to get into in the country, that I won't argue with you on.

Vet techs don't make 100k? I don't know any vet techs that even make 50k/year. It's a pretty low-paying job actually. If I am not mistaken they get paid like 12-17$/hour.

Of course success is possible with college, it's seen continuously. However, I'm could very well argue the point that college isn't the reason people are successful, or at least not nearly entirely. Those who go to college are generally those who were more motivated to succeed in life, especially if you do well in college. I believe it is this determination that is what leads people far in life.

The whole point of this thread wasn't for me to complain about failing. In my opinion, I haven't failed at life yet. My point was to bring the issue of the seeminly impossible to get out of bubble that is completely destroying our generation, and even if you think that it is each individuals fault for failing, it's something that is going to effect every single one of us when people are unable to pay their loans. Because regardless of whether or not people take out 150,000$ in loans and fail, they won't be able to pay them back, and who will have to?? That's right, you..
that is a good point on the statistics of the matter. hadnt considered that.
philosophy majors having the highest acceptance rate to med school doesnt sound right to me... googled and found this: http://www.oswego.edu/academics/col.../Pre-health_Careers/major_admission_data.html
its lumped in with the other humanities, but in that regard, math and stats placed highest. which does make sense.

i dont know their exact salaries. but all salaries have a LOT of geographical variation. under 50k here, and you have a hard time affording rent.
hell, at my university job i get 12.50 and hour.

i just have trouble grasping the whole "destroying a generation" concept. i see the world as zero-net-gain. there are X things to go around. the less others are capable of getting, the more that are left for me. it sounds almost evil. but i do care for my friends, and them i would gladly help. but those i dont know, are just statistics and competition.
well... the idea is that they are supposed to pay them back. and even if they default, they will likely still pay back the majority. and then if the government does a bailout, then yes, i have to pay a portion. but if not, then the banks take the hit, which limits there investments and does eventually make its way to me, but in a more diffuse pattern, and im better off than with a bailout.

I'm aware. I was stating that something vague, like "animal biology", is not going to be top tier for something outside of your school...a lot of studies have shown the aforementioned majors I posted above are the highest scorers. I'm not bitter, though. Just annoyed. I wanted to stay in Toronto. My university's medical school has the highest median GPA in NA, so I doubt my current choice of degree program would matter anyway. The likelihood of me getting in is slim (I'm only 3.86 when the average is 3.92) unless I take a MSc, score publication credentials next term. We'll see.

Anywho, way off track. I don't disagree with you, njcollegekid. I've already stated much blame should be placed on the student. But, we also need some sort of sweeping reforms. I don't know how we should go about reforming, though...although I would imagine a stimulus wouldn't work. Do American student loans exist after the graduate declares bankruptcy (dunno the financial term, ha)?
you are less than .1 off. idk how it works in canada, but here, thats not necessarily that big a deal. your gpa is weighed against which school you are from, if you are from a good school, your score is better than a slightly higher score from a worse school. then standardized tests, letters of recommendation, experience, and interviewing all play their part.
you know your situation better than me, but from the little i know, your chances dont look like a sure thing, but not something id call slim either.

im a (neo)malthusian. decrease population, and problems solved. too much competition. but some people have ethical issues with euthanizing every 3rd person.
other than that, there really isnt an instant fix. and im very much against the idea of "sweeping reforms" and prefer slow gradual changes where you can analyze the effects and rethink things as you go. i have kept reef aquariums, and people in that hobby have learned that "nothing good happens fast in an ecosystem". the rapid change, even if toward the better, can be more dangerous than the original problem.
 
You are right that Vet School is the hardest school to get into in the country, that I won't argue with you on.

I'm told by our mate at Novartis that this is the case in France (and I think he said Switzerland also), too.

-d-
 
If you are entertaining a medical degree, whether in research or general practice, what does that say about your regard for your subject patients or the humans who are to benefit from your research? What is then your motivation for going into the health "care" industry?

I'm not seeing a link. Just because I think people are stupid and shaming the fact that we now more about the universe and ourselves than we ever did before, doesn't mean I think that people should be extinguished. Plus I find it to be an interesting subject in general.

Maybe I'm reading this wrong? Which is entirely possible seeing as though I have literally just waken up.
 
^While these are all good points, Jason, I'm inclined to agree with my learned colleague Youfiad, having taken 40 minutes to travel 4km this morning and having to deal with the cretins I share an office with after that.

Bitter, me? Never!


Also, wasn't it Einstein who suggested that the capacity for human stupidity was infinite, like the Universe? Just the average of that makes us all pretty thick, when you think about it. But we don't. Because we're thick. :D

-d-
 
Oh debts. I have tons of those. Me being international student in Australia, I am paying as much as the Americans, probably even more than you guys. I am still not sure if I am making the right choice of coming here. I have to admit, I learn a lot from my uni, it is one of the top universities in the world ( I am studying in The Australian National University), the resources and the lectures are amazing. My english improved, my interpersonal skills improved and I not afraid of telling others I am gay (I'll get bash in Malaysia.)

I am doing a medical science degree as well, similar to biomedical and the job prospect is not that good as well but I am hopeful. I am working on my grades, I am having a 75% overall of all my courses at the moment, I am trying really hard to push it to at least 80%-ish and currently applying a summer research scholarship to gain some experience on conducting a research.

I tried my best to reduce my parents burden, I work 20 hours per week, earning about $450 per week, which is enough to cover my living expenses and rent. If I managed to get a job in Australia after I graduate, I'll be able to pay off my parents.
 
1) The intent of medical school is to help people by improving health of humans, either through research or medical practice. There are branches for the health of domesticated and/or wild animals, but the discussion here was more toward med school than vet.

2) The generalized denigration of "most people" suggests a contempt for them. Your word choice was not "unprepared" or "unambitious" or "insufficient," it was "stupid." Stupid is an epithet, not suggesting ignorant or unlearned, but dense or thick, more literally, "lacking intelligence or common sense."

3) As colleges have academic criteria for acceptance, it stands to reason that college students are indeed more intelligent by academic measures than the general population. So, whether talking about biology majors or the rest of the degrees that feed medical schools, they aren't stupid people, no matter how "stupid" may be applied. They may be deluded about their chances of success without a 3.92 GPA, but stupid doesn't seem fair.

Without imputing a profile to you, but piecing together statements you have made, is it not possible that you are simply frustrated with the struggle to work and get your degree, which is in turn making you contemptuous of many students who were in school alongside you without the heavy workload outside of their curriculum? Is it possible that working in a restaurant and serving the public exposed you to a prevalent attitude by service workers, one that focuses on the difficult customers rather than the routine ones that do not cause problems and merely want to get a burrito/sandwich/whatever and are generally polite?

A statement like "really really really really really stupid" comes from somewhere: five adjectives are not a casual thing to type when describing "most people." I don't think you are an elitist, but I do think your frustrations are causing you to say things you don't mean about humanity. If you DO think back over, and DO truly believe most people are stupid, then you need to go to places where people live and work and see them in their paths, as most people are average. When I was a student, I was in advanced classes and curriculum. It was easy to get the impression that the world was like those people. It isn't. But, they aren't stupid either, even by contrast.

1) I'm still confused as to the point. Are we assuming that in order to be a doctor, we have to view people as intelligent. The fact that I believe that the overwhelming majority of the world lives in utter ignorance changes little about my desires to pursuit medicine or medical research. In sum, irrelevant conclusion.

2)Precisely. I wouldn't go as far as to say contempt, but by the end of your sentence, you essentially got the point; although I think you're still misunderstanding a little. I even talk to some people who are extremely well read and know a lot of things that I feel that I could never match. However, there is something fundamental that they are lacking that allows them to connect dots with a greater picture. It's precisely this that makes me even place these people into a "lacking intelligence or common sense" category.

3)College acceptance isn't based on much at all to do with anything objective. It's based on qualities that the acceptance committee deems important. Volunteering? High standardized test scores? High GPA? I could give numerous examples as to how each one of those are false premises, especially in today's world. Maybe things were different back when you attended high school and university, I'm not entirely sure, but the picture these days is quite different.


I wouldn't say that the story of follow students has anything to do with what I'm say. I don't care if Billy Bob had a free ride to school because he had rich parents. Sure, I guess you could say that I wish I had the same, but that doesn't change at all what I'm saying. As far as me working with the general public, that for sure does change my perception, albeit not entirely. I've always noticed things about people that just shame me to be considered human. Working for them has just further disgraced me. However, that's not what this thread is about, at all.

But yes, I do believe that people in general are really really really really really stupid. that's not going to change. Whether that stupidity is from a lack of motivation, or whatever the reason, I'm not really too concerned. However, the fact that you can hardly talk to anybody in an objective matter these days without first appealing to human emotions just makes me shake my head. People have this notion that they are the center of the universe, and if something doesn't work for them, then it should be changed to work principally for them.

Now I'm just rambling..

I don't see how this has anything to do with financial failure of the younger generation???
 
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