There's just 2 problems with Vivek's position -
a) Cost - In today's economic climate, I simply cannot justify an education that, on avg, costs over $100K. Especially when student loans are involved.
b) Time - 4 yrs is an unnecessarily long amount of time for a bachelors degree, not to mention another 1-2 yrs for a masters. The opportunity cost of this time only compounds the first problem.
Edit: Sorry, I should have been more clear. In terms of cost, I meant that there's an institutional problem within the American education system that allows for such skyhigh tuition rates.
The same reasoning applies to time. Sure, students can ramp up their classes and finish a 4 yr degree in 3 yrs, but why should they have to? Why not make it 2-3 yrs to begin with? This can easily be done by making non-relevant classes optional instead of core for a given major (for example, I had to take a course in art as part of my biology major).
a) Cost - In today's economic climate, I simply cannot justify an education that, on avg, costs over $100K. Especially when student loans are involved.
b) Time - 4 yrs is an unnecessarily long amount of time for a bachelors degree, not to mention another 1-2 yrs for a masters. The opportunity cost of this time only compounds the first problem.
Edit: Sorry, I should have been more clear. In terms of cost, I meant that there's an institutional problem within the American education system that allows for such skyhigh tuition rates.
The same reasoning applies to time. Sure, students can ramp up their classes and finish a 4 yr degree in 3 yrs, but why should they have to? Why not make it 2-3 yrs to begin with? This can easily be done by making non-relevant classes optional instead of core for a given major (for example, I had to take a course in art as part of my biology major).