1113
1,000 Harvard Students Walk Out of Commencement to Support 13 Seniors Barred from Graduation over Gaza
(www.democracynow.org)
this post was submitted on 26 May 2024
1113 points (97.4% liked)
News
23644 readers
2881 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I appreciate you taking the time to do the math. It was early enough to where I wouldn't trust my caffeine deficient mind to do. Kudos.
You and I agree on your final point completely, I just simply believe in non institutional learning. (where applicable, of course)
Education does lead to better pay, certainly. The numbers are somewhat more complicated when it comes to the arithmetic behind it. This is where I find nothing but crippling faults with the American education machine.
An average cost of instate education for a masters is (this is low) 45k. If repaid at 6% apr in 3-5 years were looking at roughly 4500-7k in interest. Let's call it 50k total deficit. During this same time (3 years education+3 years repayment) let's assume our highschooler is working and investing his earnings in a moderate 6-10% fund. In 6 years how close are they? Which is closer to home ownership (it's a joke. neither! but we can dream.)
Without question at a certain point the masters degree will pay off and assuming the same strategy - will overtake the highschool graduate in assets.. but the time investment is far more significant than one would anticipate. The actual calculations are very complex as a lot more goes into each of these scenarios- but it does illustrate some of the flaws with assigning x wage vs y wage. In the end I am not specifically speaking against all higher education but speaking for an understanding that it isn't the only path to take.