Can we define possibly what would define making the cost of college "too high"? Is it a percentage of what one currently makes? Ability to pay off a loan for it in X period of time? Is it defined by accessibility by those from a certain financial upbringing? Or is this one of those things where we'll know it's too high when we see it?
I ask this because it's difficult to discuss without going in circles the possible solution to a problem that we haven't clearly defined yet.
I've been discussing with my wife the last couple of months that I believe colleges, especially in the U.S. will be forced to go though a major transformation, I could say the same thing for K-12 public schooling but I think even more so for colleges. Teachers / Professors and libraries are no longer the key holders to knowledge and learning. That fact is showing itself to be more and more substantial. With that in mind, schools of all levels need to change how they teach, their physical properties, and the certifications they offer.
Along those same lines, I think society is going to become more and more aware of ROI as it relates to colleges. I can see a not so distant future where there are colleges that pare back the fluff that so many colleges both private and public offer and return much more closely to purely academic institutions and not a "college experience"
One of the conversations I have with my wife as we enter out late 50's is what becomes the "New Normal" for us as we age. It's not reasonable for us to expect our bodies to respond the same way as they did 15 years ago for instance, things change, things evolve. In the same way I think it's important for us to ask ourselves if college is simply evolving and while we can look to ways to make it more affordable, we need to accept to a certain degree the "New Normal" of college as it's evolved.
Last edited by Old Dad; 04/23/18 08:36 AM.