> The sticker price of college pre-loan or pre-financial-aid is about the same as the median net worth of married couples in America. Just enough to hit the reset button on those savings.
I know someone who works in a warehouse. She's done that for a while, she's good at her job, and management wants to promote her but can't -- because she doesn't have a degree. They told her as much: if she gets a degree, they'll promote her, but without one they can't, because HR says managers need degrees.
I have a degree, but it isn't a degree from a good college in a useful field, which it seems you need nowadays to get a job better than warehouse manager. I didn't know this, and neither did my parents; they just figured that you need the piece of paper, and that's it. But people with a higher-class background did know that.
And for those people... well, class mobility isn't in their interests, now is it?
(It's worth remembering that colleges themselves switched from academic performance to "holistic admissions"... to ensure that they remained a preserve for the hereditary upper class.)
I know someone who works in a warehouse. She's done that for a while, she's good at her job, and management wants to promote her but can't -- because she doesn't have a degree. They told her as much: if she gets a degree, they'll promote her, but without one they can't, because HR says managers need degrees.
I have a degree, but it isn't a degree from a good college in a useful field, which it seems you need nowadays to get a job better than warehouse manager. I didn't know this, and neither did my parents; they just figured that you need the piece of paper, and that's it. But people with a higher-class background did know that.
And for those people... well, class mobility isn't in their interests, now is it?
(It's worth remembering that colleges themselves switched from academic performance to "holistic admissions"... to ensure that they remained a preserve for the hereditary upper class.)