SU's financial stress | Page 4 | Syracusefan.com
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SU's financial stress

One of my contacts at Arts and Sciences (a fundraiser, of course :)) told me a couple of weeks ago that before the pandemic the College had 257 foreign students enrolled. Today the number is approximately 50. The other Colleges/Departments/Schools likely have similar numbers.
Lots of lost revenue. Not good.
 
You need to learn how to do your own plumbing ;-) Or maybe you know how. I do all that stuff myself but now I pay others because I don't feel like doing it myself. Lol
I’m worried when the light bulbs go out on our high living room ceilings - who do we call to replace them? We’re very handy here 😀 I do know how to turn on a flashlight though.
 
Lots of lost revenue. Not good.
That number seems low as a quick search reveals SU’s student population is 25% foreign at the graduate level and 17-20% undergraduate. I think a lot of people were surprised, and not in a good way, at the percentages of foreign students at leading U.S. universities (and SU is probably below the median).
 
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AI is definitely kind of scary. I'm glad I'm near 50 and just hope I can squeeze 10 more years before retirement. If I was college age now, I'd probably be looking at trade school and hoping for the best.
Maybe…the more I use it the more I feel it just says stuff regardless of the answer. Additionally I am not sure the business model use case works. The compute power need is parabolic. Energy is limited. $ are limited. And if AI companies tokenize cost structure how incentivized are they to make their engines better and more efficient.
 
This sounds like more people going into the trades isn't actually good for the people who work in the trades.
Not always true. Although the principals of supply and demand should cause this to happen, the reality is many trades end up in union environments. What really happens is the senior employees get their picks of jobs and newer employees get the crappy jobs. Which means more days away from home and family. Or more physical work. There is a shortage of many skilled laborer's especially here in the mid-west.
 
colleges will consolidate like businesses...in the next 10 years many schools will disappear...smaller ones first...but with AI and costs of student loans it is inevitable...its math
 
The problem is we over saturated the college market. By telling every single kid in high school through the 90s and 2000's that they needed to go to college. By doing this, folks that have college degrees now are taking entry level jobs that start around 30-35k. This is completely unacceptable. However, corporations do not need to pay more because a 4 year college educated student is a dime a dozen at this point. There are thousands of them looking for jobs. A larger chunk of college students are now taking jobs that do not require college degrees and working their way up through the ranks that way and getting real life experience as opposed to what was taught to them in college. They are actually learning their jobs and real life skills.

Of course not going to college is not for everyone, but we need to stop saying that essentially you will only make a good living by going to college because that is an antiquated way of thinking.
Happened to golf with 2 young guys yesterday. One did auto body work, the other a carpenter. I mentioned the trades being a good place right now. The said they wanted a job AI couldn’t take away
 
Smarter students? A better world?

It’s being scrutinized for reasons that are vile and the consequences are worse
If you don’t think some -many of the students from certain countries were not here as intellectual property spies, you are naive.
 
If you don’t think some -many of the students from certain countries were not here as intellectual property spies, you are naive.
They don’t need to spy at universities when companies have been lobbying for H1B visas instead. They work directly in the companies. And have lots of other intelligence gathering operations.
 
They don’t need to spy at universities when companies have been lobbying for H1B visas instead. They work directly in the companies. And have lots of other intelligence gathering operations.
And in university research programs as grad and post-doc students.
 
Smarter students? A better world?

It’s being scrutinized for reasons that are vile and the consequences are worse
True. There are favored countries and then others being punished for some reason because of their origins. India’s students, the most affected, hav had 61% of their student visa applicants rejected. India also has a very large % of stem majors including medicine which has been really helping the US with our doctor shortage. Why is India our biggest target?
 
its stunning how many kids today who major in complete loser fields. Parents are to blame as well. I know a family who probably spent well over $1,000,000 on their 4 kids education (all major private schools) where they majored in dogchit fields and not one of the 4 has a job. Their excuse was "they followed their passion." (Insert jerking off hand motion)

I dont get it. Maybe I was raised different. Get off my lawn
 
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its stunning how many kids today who major in complete loser fields. Parents are to blame as well. I know a family who probably spent well over $1,000,000 on their 4 kids education (all major private schools) where they majored in dogchit fields and not one of the 4 has a job. Their excuse was "they followed their passion." (Insert jerking off hand motion)

I dont get it. Maybe I was raised different. Get off my lawn
As someone who has taught at a small liberal arts college, the most important thing is having a plan. I taught bio and environmental courses; most of my advisees and students in bio had no problem getting jobs or continuing as med/grad students. The students who took my courses as electives or my non-majors course were a different story, and we talked a lot about how important it is to both follow their passion and have a plan for leveraging their greatest strengths to make a good living for themselves after graduation. Much of that revolved around getting internships and making strong connections before graduation. As a first gen college graduate myself, it was definitely something I struggled with.

In a few cases, I helped hook up a few of my non-majors students with opportunities that were more STEM-oriented but seemed to also play to their strengths and interests. A lot of students just don't know how things work; you can major in English Lit but have a job that lets you be active in the community and support that same passion in younger kids without becoming a famous author or poet, for example. It's all about figuring out how to make it fit.

I really think that's the element that many students (and their parents) are missing: having a viable plan. I believe that this can be done with any degree program, but some are definitely more challenging than others.
 
I have a different take with my kids
If AI makes jobs irrelevant and their degrees are worthless, then they learn something else and I wasted what seems to be a lot of money in a less AI driven world
But the same circumstances that would make many jobs obsolete will also make people with any savings at all very wealthy
So I think of it as insurance. Can always learn a trade 4 years later
 
As someone who has taught at a small liberal arts college, the most important thing is having a plan. I taught bio and environmental courses; most of my advisees and students in bio had no problem getting jobs or continuing as med/grad students. The students who took my courses as electives or my non-majors course were a different story, and we talked a lot about how important it is to both follow their passion and have a plan for leveraging their greatest strengths to make a good living for themselves after graduation. Much of that revolved around getting internships and making strong connections before graduation. As a first gen college graduate myself, it was definitely something I struggled with.

In a few cases, I helped hook up a few of my non-majors students with opportunities that were more STEM-oriented but seemed to also play to their strengths and interests. A lot of students just don't know how things work; you can major in English Lit but have a job that lets you be active in the community and support that same passion in younger kids without becoming a famous author or poet, for example. It's all about figuring out how to make it fit.

I really think that's the element that many students (and their parents) are missing: having a viable plan. I believe that this can be done with any degree program, but some are definitely more challenging than others.
Good points. The problem is with kids today (and i have a 26 and 24 year old) is that most kids want to go from A to Z in one step. They dont want side jobs to make ends meet and expect just because they have a degree, masters or whatever they deserve to be paid top dollar and expect companies to just hire them.

I still blame most parents. The day i turned 15 my mother told me to get in the car. We drove to wegmans and i was informed that i was going to walk in apply for a job and i wasnt to return to the car unless i had an interview scheduled. Thats just the way it was back then and it wasnt weird to me.
 

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