0:00

It's a nice side with Dan Ray on w Bazy Constance Met Radio. All

0:08

right, welcome back. Ten o'clock news is over and we are on to

0:13

the next topic. Just take a very quick break. I haven't had a

0:18

chance to mention the passing of Sarah and Shaw, a colleague of mine.

0:22

I worked with her at Channel four for many years. Sarah was there before

0:30

me and got to know her very well over our time together. She was

0:36

a friend and and somebody who was very committed to the stories that she wanted

0:45

to be shown on air, and in many of those issues we agreed,

0:50

uh and we we were both Boston born and Boston raised, and I think

0:57

that that commonality was what was the basis for our friendship and our mutual respect.

1:03

And she worked there for many years, retired twenty years or so ago

1:11

and had a very full life in retirement and passed at the age of ninety.

1:19

We've lost, unfortunately, a lot of colleagues from Channel four in recent

1:23

times. I think of Bill Shields, who you know passed a few years

1:27

ago, a little at a much younger age, and over the years,

1:33

Charlie Austin and Walt Sanders, people who I had who helped me along the

1:38

way as a young reporter, and Sarah certainly is one of those who I

1:41

just wanted to say, you know, Sarah, we will miss you,

1:45

but your your legacy will live on with a lot of folks who who you

1:49

helped along the way of life, including me. So thank you for that,

1:53

for that friendship, Sarah, and your memory will will live for many

2:00

years. Now. I want to go to the topic of the hour,

2:07

which I have to give credit to the Boston Globe. Shen and Larson from

2:13

the Globe staff wrote a piece that I assume will be in your Boston Globe

2:16

tomorrow. It was put up today. I forget exactly where time it went

2:22

up, but it wasn't in this morning's Boston Globe. And it points out

2:25

that this year, this coming academic year, which is you know, just

2:30

a few months away. It's almost April, so kids right now are going

2:36

through their college acceptances and deciding where they want to go, and cost is

2:43

a big factor. But this number, I think is going to blow your

2:46

way. In New England, there are four schools Yale, Wellesley, Tufts

2:54

and Boston University who will now top According to the Globe study, ninety thousand

3:01

dollars a year for tuition, housing, and other expenses, according to the

3:07

school's admissions websites. There are other privates. Quoting from the article now written

3:12

by Shannon Larson and the Boston Globe, which you'll probably read tomorrow in your

3:15

Globe, other private colleges around New England are also likely to cross the ninety

3:20

thousand annual threshold, but haven't released their updated costs. Ninety thousand dollars a

3:28

year. Let's put it in some perspective, Boston University and by the way,

3:35

Harvard, perhaps I would argue the most distinguished college is not at ninety

3:42

thousand dollars. And they are also very generous, as Bill fitz Simmons has

3:46

explained to us in this program many times during our college admissions panels over the

3:52

year, They're very generous with the students who need some financial aid up to

4:00

an including full. It's a blind need university. So if you qualify or

4:06

accept it and your family does not have the money to pay, Harvard will

4:13

literally pay for you in total, which is extraordinary. They may have you

4:18

do some work study, they may have you, you know, contribute in

4:25

some fashion, but it's it's amazing to see how generous Harvard is, and

4:29

again with the endowment that they have, that's understandable. But let's look at

4:34

Boston University. Boston University is a good college. Okay, It's not what

4:42

you would consider to be an elite college. I think that you know Harvard,

4:46

Yale, Princeton, Wellesley, Tufts, but from an undergraduate degree at

4:50

Boston University. I had my law degree from Boston University. I kind of

4:55

remember what I paid for it, but I mean, I think all three

4:58

years in was a few thousand dollars. Now BU is ninety thousand, two

5:06

hundred and seven dollars, so just a little over ninety one thousand dollars.

5:11

But that is a forty two percent jump. According to the statistics that the

5:17

Globe has assembled from ten years ago, the academic year of twenty fourteen to

5:23

twenty fifteen. Back then, the all in cost for a year at BU

5:27

with sixty three thousand, six hundred and forty four dollars, So it has

5:30

increased forty two percent. This this is an extraordinary number. So my question

5:42

to you is how much is a college degree worth? And again, I

5:46

think that a college degree from a Yale might be worth ninety thousand dollars.

5:53

That's a very very elite college. Wellesley College. You know, it's a

6:00

it's a great school. I don't think it's Yale. Toughs, it's also

6:03

a great school, a great private school. I don't think it's Yale,

6:08

and I don't think Boston University is Yale. And I say that as a

6:12

graduate of their law school. It's it's a good school, but it's not

6:15

a great school in terms of the pantheon of schools. So this is a

6:21

problem for the country because as as schools continue to increase their costs, and

6:31

our friend Harvey silver Glade has talked about that that there are so many assistant

6:38

deans and so many different groups and organizations here that that are are drawing big

6:46

salaries. Okay, you know, public relations department and all of that who

6:50

in many cases they they're unavailable. Whenever there's a controversy in a school,

6:58

they have these other school costs. Again, at Yale almost ninety one thousand

7:06

dollars, eighty one thousand dollars, almost eighty two thousand dollars at Stonehill,

7:13

seventy three thousand at Suffolk, eighty eight thousand at Amherst eighty nine thousand at

7:18

Brandei. So there's a whole bunch of these schools that are very close to

7:21

that ninety thousand dollar threshold, and pretty soon we'll be at the one hundred

7:26

thousand dollar threshold. This is and by the way, the Globe reporter Shannon

7:35

Larson points out that there are relative bargains to be had, and they've founded

7:42

public university. So next fall at the University of Massachusetts Amherst, sticker price

7:46

for an in state student living on campus is thirty seven, two hundred and

7:49

nineteen dollars. And there are a lot of programs that you mess Amherst that

7:56

turn out some there are some exceptional programs, and there are some exceptional graduates.

8:01

So I just want to open up the lines here and find out from

8:07

you where does this end or does it end? Okay? And if you're

8:11

a parent or a grandparent and you've saved some money for a child or a

8:16

grandchild, to see ninety thousand dollars in that five twenty nine go away or

8:22

a good chunk of that five twenty nine go away with you know, eighty

8:28

thousand dollars or seventy thousand dollars it's a lot. It's a lot. I've

8:33

been on the bandwagon for many years that as much as I respect college educations

8:41

and I had the benefit of one, my brother had the benefit of one,

8:45

my wife, my children, their spouses, it's not for everybody.

8:52

And we have downplayed we have. We have thrown a lot of money,

8:58

a lot of money at college and universities in this country, and they have

9:01

simply turned around and kept bringing those prices up. So I just want to

9:05

ask you, what is the value in your opinion of a college education.

9:09

Now. I know people are going to say, well, looks a little

9:11

different. You know, did you get a degree Harvardale, Princeton or you

9:16

know NYU, University Chicago, Stanford, University of Michigan, Duke, They're

9:22

a great calling. Amherst Williams. Yeah, there's a lot of value there.

9:26

But there's a lot of other colleges that are creeping up behind them,

9:31

and they're getting big bucks. And at what point do the administrators at these

9:35

colleges turn around and saying we are overcharging for the product we're delivering. People

9:41

would not be buying automobiles if they were ninety oh some would. There'll be

9:46

some people buy Teslas. But but you cannot have a lot of people buying

9:54

ninety thousand dollar cars. And again it is a system that is in need

10:00

of reform. Six one, seven, two, five, four ten thirty

10:03

six one seven, nine, three one ten thirty, triple eight nine two

10:07

nine, ten thirty. I want to know how much did you pay back

10:09

when? Uh? Do you feel it was worth it? I suspect most

10:13

of you do. Uh. Did you go to a uh a school,

10:20

maybe a high school that wasn't a college bound high school education. Maybe you

10:26

went to a vogue tech school and you've done just as well. At what

10:30

point did the American people say, hey, look my kid can go here,

10:37

there, whatever. Fine, but if they're going to go to a

10:39

lower tier college, it may not be worth the investment. Maybe we could

10:46

set them up and they can have a company. They can plumbing business,

10:50

a roofing business. There's there's there's a lot of great businesses out there and

10:56

people. If you have a plumber's license, if you're in a electrician,

11:00

if you're a roofer, if you're an hvac person, first of all,

11:05

you you could be as educated as many college you can self education, never

11:11

mind taking courses but you will never be without a job. And is it

11:15

time for us to basically change our focus. You know when you go into

11:18

the eye doctor and they say, okay, we're going to have you look at some different the chart through different Here's A versus B, which is better?

11:24

Okay, now try try C versus D. And they finally figure out

11:28

what the perfect vision for you is. What's the perfect vision for your kids?

11:33

College education is not the perfect solution for every kid, and I think

11:39

we need to understand that, and we need to stop looking down our nose

11:43

at people who choose not to go on the college track and go on the

11:48

volk head track. That's what I'm talking about. I hope you'll join the

11:50

conversation. We got one line open at six one, seven, nine thirty

11:54

back on Nightside right after this, It's Night Side with Dan Ray you Besy

12:00

Hazy, Boston's News Radio. We're talking about the value of college education as

12:05

New England University's four New England Universities will top ninety thousand dollars for the next

12:13

for the next academic here. That means you're going to pay at least probably

12:16

three hundred and sixty probably four hundred thousand dollars to get the college degree.

12:20

The schools in question Yale, Wellesley, Toughs, and Boston University. Boy,

12:28

that's a big number in my opinion. Let's go gonna go to Bill

12:31

and Danvers. Bill, what's your thought on this? Well, I mean,

12:35

I gotta tell you, I think it's even more so now. I

12:39

don't think that the paper that you get going there for four years is really

12:43

worth what it was and what does it mean anymore? Because uh, you

12:48

know, they got a loan and then you know Biden to say, hey,

12:52

you're all set, you're forgiven. You know, so you didn't have

12:56

to work right, you didn't sweat it out, and uh so what is it? Well, I don't know that that that Biden President. Biden's going

13:03

to keep going to be able to keep doing that, to be honest with

13:07

And if I had a kid going to college I would not be counting on

13:11

loan forgiveness going forward, because at some point the people who didn't go to

13:16

college are going to be ending up paying for those who went to college and

13:22

overpaid it at certain colleges. I mean, this is uh, you know,

13:26

we went through this with some of those phony colleges. Back ten or

13:31

so years ago where people were going to these uh these universities on the internet

13:35

and they were being ripped off. I don't think anyone's being ripped off at

13:39

Yale, bu Tops or Wellesley. But I think they're overpaid for what they're

13:43

getting. And uh, well, and you can't blame the colleges because basically,

13:50

you know, once the government really got involved, it's not a guarantee

13:54

and everything. They hey, this is great, So they're taking full advantage

13:58

of the situation. I mean, they have professors, don't get me wrong,

14:03

or whoever, they are a form of politicians maybe, and they go

14:07

teach one or two courses a week and they get paid a half a million dollars a year. I mean, you know, you know, give me

14:13

a break. You know, I could agree with you more on that.

14:16

I think that the back in the day when I went to college, I

14:20

suspect that college professors were not paid much more than high school teachers. Uh,

14:26

and that was unfear to the college professors. Now I think it's flipped.

14:31

I think that when you look at what college professors are making, never

14:35

mind the professors in the professional schools, medical schools or law schools, that

14:41

they are. They're doing really well, and a lot of it has to

14:43

do with the amount of money that the government is pumping in with either direct

14:48

grants or with loans. There is sort of a you know, they talk

14:52

about the military industrial complex, there's a there's an educational industrial complex that has

14:58

developed out there as well. Oh yeah, no, and and I don't

15:03

I mean, you know, if you want to do the student loan thing

15:05

and make an incentive if you took I don't know what the top industries will

15:11

say, Ah, there's shortages or in maths and sciences and whatever, and

15:16

say, listen, if you're going to go in one of these fields and

15:18

there's a shortage or whatever, we'll basically for the first ten we'll knock ten

15:26

percent off pay it for the first ten years. So that way they they're

15:30

in there for ten years. You know they're going to do it, and it helps the country because you're incentivizing people not to go in and get a

15:37

sociology degree and spend one hundred thousand you know, or whatever they're going to

15:41

spend or something that's useless. A lot of those degrees, yeah, a

15:45

lot of those degrees. What do you do with them? It's as simple

15:48

as that. Obviously, come out with a STEM degree of science, technology,

15:52

engineering, or math, you're going to be okay. But that's not

15:56

a high percentage of college yolle students at this point. They're still going after

16:03

you know, which is a great degree to go after, the classic liberal

16:07

arts degree. I was an English major, went on and got a law degree, so I use both the English major in what I do in journalism,

16:14

and I used a law degree as a lawyer. But I mean,

16:18

if you come out of there with him. I remember being in New Hampshire

16:21

few years ago and there was a young woman who was really upset about the

16:23

fact that she couldn't get a job. She was a college graduate. I

16:26

figured, I think she went to un H or somewhere, and I asked

16:30

her, were up there doing the presidential elections. This would have been twenty

16:33

sixteen, and I asked her, I said, well, where'd you go to school un H. What was your major? Archaeology? You know,

16:40

it's a great major. I bet it's a fun major. You probably get

16:44

a trip to Egypt and all of that. But how what's the demand for

16:47

archaeologists these days? I don't think so. I could be wrong. Hey

16:52

Bill, thanks again, it's going here. I appreciate it, Thank you

16:56

much. It's key role. And you're going to go to tennis and Peavety.

17:00

You are next on nightside. Welcome. Hey Dan, you stepped on

17:03

me with a million educational industrial complex. I agree with that, but I

17:07

do want to correct Bill on one thing. Sure, my daughter is a

17:11

touch grad and the loans that Biden is forgiving is like the staff are ones

17:15

that come out of I guess somehow the federal government, I of the schools.

17:18

I was never eligible for those. So my loans for her came through

17:22

MIFA and Citizens Bank, so that was on forgiving at all. And I

17:26

still don't get how the financial aid system works because I would sit with my

17:30

daughter's financial aids officers who are a little world than my daughter. I never

17:34

made big money in my life. I never made six figures. And one

17:38

of the women said to me, well, you you own a house and

17:41

you have a pension, and I'm like, those are myths. Until I'm

17:44

in my mid sixties. There's a correction in the market, but that has

17:48

nothing to do with me paying now. Now, I had my Amhurst because

17:55

I knew she was going to go for a master's degree. Go ahead.

17:57

I'm sorry nobody to say that's the formula that they have, Okay. And

18:02

the fact that, uh, you own a house. There are some people

18:06

out there who made a decision, a life decision. They're not going to

18:10

buy a house. Uh, they were going to rent or whatever. But

18:12

they do vacations in the Caribbean tooth two or three times a year. So

18:18

people choose to spend their money differently. What happens in America is if you

18:22

choose to save your money, if you choose to live, you know not

18:26

I'm going to use the word conservatively. I'm not talking politically here. Yeah,

18:30

and and and so you build up a little bit of a piggy bank

18:34

or some you know, some modest you know, sav these accounts, and

18:38

then you penalize when it's time for your kid to go to car, spend

18:42

the money, go to Hawaii, go go wherever you want to go.

18:47

I had to rent a car today and I could not believe how lost the

18:49

young man. He was a nice kid. He was over his skis and

18:53

he went to Assumption and I said, what did you study? And he

18:57

said marketing. I go, what did you do when you graduated. I

19:00

worked at a golf course, and he worked like four different jobs in a

19:03

golf course. I go, what are you doing now, Well, I

19:07

want to try this. It's like, well, let's go for marketing,

19:11

you know what I mean. And that's one thing. He probably thinks that

19:14

working he was renting cars. Okay, he probably thinks that he's in marketing.

19:18

Yeah, exactly exactly. I mean he could have got that job out

19:22

of high school. Well, that's the think is most people get jobs through

19:26

connections, even when their kids. My daughter is making a lot less than

19:30

her tough classmates because she went into public policy and now she's going for her

19:36

master. She's got a good job, but it's you know, it's a different world where when she went to Toughs, I said, you can go.

19:41

I fought with her, MoMA, bud it, you're going to be

19:44

the poor kid at Toughs. I'm on working class guy. And she went to school with some serious, serious money, real money, and a lot

19:51

of our friends of trust fund kids and they don't really, you know,

19:53

they don't care. I think a lot of the kids. In my private

19:56

job, I spent a lot of time in college campuses for work, and

20:00

I just I think there's a lot of distractions now and I think a lot

20:03

of these kids will spend a couple of years, you know, partying and

20:06

trying to find themselves. Yep, that's not the place to find them.

20:08

So I think that the country would do some good with the vocational schools and

20:12

community colleges, and for the interest rates in some of these loans, you

20:18

know, roll back. I think when the Democrats over shut, you don't

20:22

say free take the interest down to one percent of the person. Before we

20:26

talked about making an incentive, so if you go into a certain field,

20:30

we'll pay sixteen minutes. Had a great piece last year about military members who

20:34

still haven't been paid back and they were promised, if you go into the

20:37

military, we're going to take care of this, and they weren't taking care

20:41

of and they went into the military. So it's like the previous people here

20:45

with the bike stuff. It was driving me nuts. Yeah, there's the

20:48

nation utopian world and then there's this reality we have to live in reality.

20:53

I did get to mention to my friend Mark mcgovernor from Cambridge. He talked

20:57

about it's better for the environment. You know, America represents six percent of

21:03

the world population. Massachusetts I think is six percent of the population of the

21:10

country, and Cambridge is a fraction of the Massachusetts. Right, We're a

21:17

tiny little sliver. You got China and Pakistan, which a Belgian garbage up

21:22

into the air, and we're somehow by riding bikes in Cambridge, we're going

21:26

to save the environment. It's just not true. It sounds nice, but

21:30

it's just not true. Sound's wonderful, but it's maddening. And you were

21:34

the best points that they had a little bit of less entitlement. Blake.

21:37

Yeah, I was in a profession. I couldn't ride a bike to work.

21:41

I was in a suit, you know, and I got hit by

21:44

a bike in my city on one way and there was no bike, but he hit the car. When I got out, I'm like, you know,

21:48

okay, it's event to my car, so yes, insurance. There's

21:52

no luck with that. No, no. And then when I went to

21:56

city hall, I get some loom on the Bike Advisory Committee looking at me

22:00

like I'm a double because I drive a car. Yeah, said person,

22:06

if you if you weren't driving the car, you wouldn't have been hit by the guy in the bike. Don't you get it? Yeah, it's exactly,

22:12

exactly exactly. That's the logic. That's the and that guy probably that

22:18

that guy the bike group there, whatever, Tod was it. I bet

22:21

you his degree as an undergrad was sociology, if I had to beg yes,

22:26

that was as he was eating his Wegmans food that was shipped in by truck. You got it, You got it, Hey, Ded, I

22:30

love your calls me keep it up. Okay, thanks, there he goes,

22:36

all right, we take a quick break, got the newscast. We're

22:38

back right after the news. I got Margie and Kevin and Matt. Matt's

22:42

going to be up next. I got room for you. Well, that

22:47

line just filled. I got room at one line at six one, seven

22:51

ninety. It's good night. We got we got the phones going. Let's keep them going. Coming back on Night Side. You're on the Night Side

23:00

with Dan Ray on Boston's news radio. Beg you. Dan Walkin's talking about

23:06

the value of college educations as the ninety thousand dollars glass ceiling is breached by

23:14

four big schools in New England, Yale, Tufts, Wellesley and Boston University.

23:19

Matt is in Florida. Matt, I can't wait to hear what you

23:22

got to say. Yeah, my head's gonna explode. I got a lot

23:26

of points real quick. I don't want this to be one of the map

23:30

from Florida rants. So I'm really trying not to go down a rabbit hole

23:33

here point one point one. As a fellow Terrier as you, I want

23:38

to be you, Dan, it's a very good school. It's ranked forty

23:41

five out of six thousand schools in the country. So that was a little

23:45

bashing of BEU, But that's besides the point. No, it's a good

23:48

I'm saying it's a good school, but it's not. It's better than a

23:52

Gott Harvey Princeton and it's right there in the ninety thousand dollar range. That's

23:56

all I'm saying. Matt, Well, well, yeah, that's because it's

23:59

a top fifty school. You talk about Yale, Dan, like point zero

24:03

zero zero one of the population can go to Yale. Yeah, and we're

24:06

not so what some of the US are lucky to get that kind of opportunity.

24:10

But I mean, you talk about Yale at Harvard knocking what I'm not

24:14

knocking, be you. I know, Yeah, I'm just joking with you

24:17

on that point. Okay, I don't want to think you that I was

24:21

being serious. I'm just saying that there is I did. I was surprised

24:23

that BU was in the ninety thousand dollars category. I would think if Yale

24:27

is ninety b U should be somewhere around seventy five or seventy six. That's

24:32

all I'm saying. Now. Now that's my second point. Now, this

24:34

is a year. This isn't just like people need to realize. This is

24:37

like times four, So you do ninety times four plus plus grad school pretty

24:42

much. Now. The thing is people that the college degree has turned into

24:47

the high school diploma. Now you made a comment about the guy renting car.

24:51

It's kind of insulting. He said, Oh, you could probably get that draw being a high school graduate. That is not That is so further

24:56

from the truth. Enterprise car rental is like the number one employer for college

25:03

graduates, which is which is sick name. It just shows you where we

25:07

are in a country. You can't get a job mopping floors with heart a

25:11

degree that that pays any kind of money. Okay, well let me stop

25:15

you there for a second. Okay, yeah, you don't. You don't

25:18

need a college degree to become a plumber an electrician. He now that's fault

25:23

too, that's fault. You got to get real certification. You got to

25:27

go to Wentworth, you got to go to the Peterson school. These schools

25:32

whoa, whoa, whoa. No you need to go. No you don't.

25:36

But you're not going to be making one hundred thousand dollars a year. My cousin's a plumber. He got a high school of plumber. He joined

25:41

the union. Okay, he's making like twenty dollars an hour. You can't

25:45

live off twenty dollars an hour. Here be my question to you, where's

25:49

your where's your cousin? Work man? I'm not trying to across examine you.

25:53

I'm not trying to wherever I have, wherever I have a plumber come

25:56

to my house. Okay, And you know, I don't think I'm using

26:02

the most expensive it's it's going to cost. It costs you one hundred and

26:07

fifty dollars an hour. I'm with this, twenty works. My cousin,

26:10

he's free. He he has a high school of Poma. That's just like

26:12

the fake person that everyone thinks makes one hundred thousand. All of the yeah,

26:15

he works for mister Ruter. He's got a high school diploma, he's

26:18

working his way up, he's getting his hours in more. Okay, by

26:22

the time he's forty Yeah, yeah, he's probably gonna make good money.

26:25

But but you can't just knock go a college and start making a ton of money. He's making like twenty dollars an hour, which is he's working his

26:30

butt off. Okay, my other cousin, he's a crane operator. He

26:33

makes two hundred thousand. Now that's a whole nother story. Obviously a crane

26:37

operator, all right, right, you can tell what it's making about money.

26:41

All I'm saying is that being a crane operator you don't need to have,

26:47

you know, a college degree, per se. You need to obviously

26:51

have some additional training and education. I couldn't be a crane operator, I

26:55

don't know. Maybe you could be, but I couldn't be a crane oper. No, absolutely not, I would know what I mean, I think

27:00

on the college as college graduates, you and I have to be more respectful

27:04

of people who are not college graduates because no, exactly no. But what

27:07

I'm saying is those people also like you, like those people still go to

27:14

training school and have lots of debt. It's like thirty thousand dollars in a

27:17

lot of those cases. And this is kind of the straw Maan. I'm not accusing you of it. There's just this straw man narrative of like,

27:23

oh, that electrician makes one hundred grand a year. Well, yeah,

27:26

if the guy who owns the company is a millionaire, Yeah, he's making

27:30

a lot of money hiring all these people. But many, many people who

27:33

I know, they don't make even enough to move out of their parents' house,

27:38

even with I Matt, I don't know what it's like in Florida.

27:42

I know what it's like in Massachusetts, obviously. Well, I'm just talking

27:45

about the people I know in Massachusetts. Okay, Well, they do me

27:48

a favor, send me some of their names, because if they're good and

27:52

I could save some money, i'd appreciate that. I mean, I I

27:56

call my friends, they say, who do you use? They good?

28:00

Yeah, they're good. I've had plumbers come who screwed up, and I

28:03

got rid of them. Okay, but you know, you have to do

28:08

your homework, and I just think, well, you know, you know

28:12

what I think I've seen. Yeah, I know, I know what you're

28:15

saying. I'm just saying this. It just like any and want to just

28:18

like go and stop make them money. It's just not how it worked.

28:21

That's like een years ago. And the training. You gotta have training a

28:25

little, but you're not paying ninety thousand dollars a year, correct for a

28:29

four year piece of paper that gives you a sociology degree. Correct. You

28:33

pay a hell of a lot less and you're employable by the time you're nineteen

28:37

years old. Yea, yes, correct, correct, but you're start making

28:42

close to what this faux narrative is. And then just my last point,

28:48

they need to stop raising these tuitions. When I was looking, I paid

28:52

sixty thousand for my underground and sixty thousand total for my master's degree right now,

28:57

now, that was like ten years ago. Yet I still think I'm

29:00

like twenty five. I'm not. I'm almost forty. But in just you

29:04

know, ten years of being out, I've looked at these tuitions, Dan

29:10

Dave skyrocketed like eighty percent. Like I bially remember at medical looking at law

29:17

degrees ten years ago. Ten years ago, yes, but ten years ago

29:21

ten years ago, right, it's up. It's going to be anything else.

29:26

It's insane. It's insane. It's insane. And and like I vividly

29:30

remember looking at a medical school and even law school, you could get a

29:37

law degree for one hundred and twenty grand. Right now it's like three hundred.

29:40

It's out of control. It's like they need it. It's all about

29:42

what the previous call I was saying about it. It's these people getting paid

29:47

off. The government just keeps giving them money and there's no repercussions because they

29:52

want everybody in this country poor in having to work for the man. They

29:56

don't want any anybody independent. You've got a lot that in six and a

30:00

half minutes here, So thank you so much. Right, thank you much.

30:04

Quick break coming back. We're going to get everyone in and we will

30:07

carry this in the next hour, So feel free to call, but don't

30:11

panic. We will get into this next hour as well. One line opened

30:14

six one, seven, nine thirty. Back on Nightside. If you're on

30:18

night Side with Dan Ray, I'm telling you BZ Boston's news Radio. Let's

30:25

go to Margie and the Catskills. Margie, welcome back, how are you good? Good good? I will bring down the tempo to a peaceful decade

30:34

I graduated from high school in nineteen fifty four and god accepted at the Syracuse

30:41

School of Journalism. Like you, I majored in English and journalism. Okay,

30:48

now, I can distinctly remember my father's salary at the time. He

30:55

was definitely middle class, the middle class and aler. It's the college.

31:00

He was an executive. He was making fourteen thousand a year from one year.

31:07

He had my brother in college also, so I was at Syracuse,

31:11

my brother was in college. My four years at college, none of my

31:17

friends ever had a loan, None of our parents at a loane. My

31:22

father's fourteen thousand dollars salary. We belonged to the country club. My mother

31:27

didn't work. We had two cars, a nice house, and lately I

31:33

was interested in what my degree would cost per year. Now I will bet

31:40

you for now at Syracuse University, I'm going to take a guest. You're

31:42

going to promiv to take a guest. Yes, at least seventy thousand dollars,

31:47

it's eighty five, okay, and you paid for four years. You

31:52

probably paid max. Four thousand dollars in those four years. No, oh

31:56

no, Well I'll tell you because it's so funny. How you read member

32:00

things distinctly. I remember after my four years there because it was room and

32:05

board in the whole deal. And I can remember my father saying, well,

32:09

now your education costs twelve thousand dollars, so it was three thousand dollars

32:15

a year. That was a lot of money back in this That was a

32:20

lot. But I'm thinking, how if you're at Syracuse University you got to

32:25

see Jimmy Brown play? Oh he dated my roommate? How about that?

32:31

Can I tell you one cute story about jim Brown? Sure, he was

32:37

probably the most athletic looking man. He'd walk in a room and everybody would

32:43

like, oh my god. When he dated lacrosse player as well as a

32:45

football player, we used to go to watch him play lacrosse. We would

32:51

follow him around, Oh he's playing lacrosse. He's playing basketball. But when

32:54

he dated my roommate, all my sorority sisters would sit on the step y

33:00

so we could see him when he came in, and then we'd say to

33:04

my roommate, what time are you getting home? So we can see him.

33:08

But those were the years. But it's so sad that middle class just

33:14

seems to be eliminated from the education. So I agree with you. The

33:17

middle class gets to pay taxes for folks who do not have funds, and

33:24

they pray. If not the full ride, they pay a good substantial portion

33:30

of it. Margie. I love the Jim Brown story. Thank you, and I just got to keep rolling here and get a couple more in before

33:36

the break. Okay, thank you, Thanks Margie, talked to you soon. We're gonna go next. Let me go to Kevin and tingsbro Kevin,

33:42

gonna move it along here a little bit with you. Gard ahead, Kevin,

33:45

thanks for having me. You're welcome, Thanks for calling it. Yeah,

33:49

so, I believe your original question was, you know, what was

33:51

the worth of a college degree? Yeah, so I just kind of wanted

33:55

to, you know, look at that through a different lens and you know,

34:00

out and look at the bigger picture, you know, to illustrate the

34:02

problem to maybe some of those listeners out there that might think this is only

34:06

a problem for those that go to college or have already gone to college.

34:09

Okay. I just wanted to say that this was like an America problem,

34:13

because you know, we're the largest service based economy in the world, and

34:16

an economy like ours, we rely on those with the college education. So

34:22

this these exorbitant prices are a barrier to education. So my whole point is,

34:29

you know, our biggest competitors like China or emerging economies like India,

34:32

are they charging these exorbitant prices and having these barriers to their education? Because

34:39

you know, that should put everyone on alert and say, you know,

34:43

well, China, as you know, sends a lot of their best and brightest to this country to be educated and then they go home, right,

34:51

Yeah, no, yeah, true. I mean students in the United States

34:54

at this point, I've seen it myself. You know, I'm closer to

34:59

that age. Many people are, you know, going to college in Europe

35:01

where it might be cheaper, you know, the same effect. But all

35:05

I'm saying is, you know, China's economies, I mean universities are going

35:09

to get good just like ours, and you know if they're not, if

35:13

they don't have barriers like we do, we could be in trouble in the

35:15

future. I think it's a great point. Kevin, how old are you?

35:19

If I could ask twenty five? Are you out of college already?

35:23

Yes? Where'd you go? Could I ask you where you went? You're

35:28

Mount Fammers okay, great school. And are you out in the workforce at

35:34

this point? I'm actually in law school right now. Okay, all right,

35:42

that's that's the path I took. So are you in first? Second

35:45

to third year? Third year? Third year? Well, they they work

35:52

you to death. They scared to death. They work you to death. And you're in the year where they boy you to death. Yeah, exactly

36:00

where are you going? If I could, could I ask where you're going? Don't have to tell me. I'd be just curious. New England,

36:06

great school, great school. We have some great law schools here, Harvard,

36:10

b U, b C. Suffolk, New England. I like the

36:13

Mass School of Law as well, for particularly for people who want to get

36:16

that that degree. Uh maybe a little bit later in life. There's a

36:21

there's a lot of great law schools. And you'll you'll take the bar exam,

36:24

you'll pass the bar exam. And and do you have any idea what

36:28

you want to do with a law degree? Oh, not entirely yet.

36:31

I'm thinking land use or something like that. But we'll see. Worry about

36:35

it. It will, it will, it will. The fog will clear

36:38

and you will figure it out. Thanks so much for calling. Kevin,

36:42

please continue to call and continue to listen. I'd love to know how you

36:45

do. Okay, yep, thank you, thank you. Let's keep rolling

36:50

here. We're going to get to Ken and Lemonster Ken you next one nights.

36:52

I go ahead. And by the way, Dan Jim Brown had a

36:57

decent acting career after his football todays. Oh yes he did. No,

37:01

yes, yes he did. As soon as someone said Syracuse, I knew

37:05

that he was out of Syracuse, probably in fifty six or fifty seven.

37:10

So yeah, And of course behind him came Ernie Davis, who tragically died

37:16

at a very young age. And then after Ernie Davis, Floyd Little so

37:21

bence Witzwalder had some great running backs up at Syracuse over the years. Yes,

37:27

so, but we could spend a lot of time talking football. But

37:30

my point this topic, Dan, is how much? And I ask you

37:36

I throw it out there for future callers too. It's my understanding. And

37:40

it's been a long time since I was in college, have been on a

37:44

campus a long time. But the competition among your more prestigious schools now with

37:50

the amenities in the physical campus and the lounges, and you know, it's

37:58

not a cafeteria anymore it's a food and porium, and that's driving the cost

38:01

because you know, that's that's part of the salable points of trying to attract

38:07

the best and the brightest, and I just if you want to tackle that

38:14

or a future, I think that you know, some of the amenities have

38:16

a factory a factor into that. You know, the schools that have stadium

38:21

I mean, obviously Boston College UH has has just built well not just but

38:25

in the last ten years, has built up a new stadium. They replaced

38:30

it, they did a lot of work on that campus. But I still

38:32

think, what what is really driving the cost if you look at it on

38:37

an annual light, on an annual basis, it's all these assistant deans and

38:42

these uh these these executive vice presidents. They have all of these programs now

38:47

that never existed and and I think that a lot of the diversity, equity

38:52

and inclusion programs are going to be trimmed back at some of these schools because

38:57

I think that they're there. They were nice at the time, but I

39:00

think it's not they're now looking like a little bit of window dressing. Well,

39:05

and that's probably the bulk of the problem. But I think talking to

39:09

some of my old college professors a bit ago, and even my own nephew

39:14

when he was going to Virginia Tech. I remember having him on the phone

39:17

at the dinner hour and he's you know, he's talking with his friend and

39:22

he's like, you know, they're in the food imporium. You're gonna have the sushi or the sallet, and well this, yeah, that's part of

39:28

it. That's part of it. And then there's some schools, I mean Endicott College, which is a great school that deals with hospitality. They have

39:32

some fabulous facilities out there, but that's what they deal with. You know.

39:37

Some of those schools have, like Endicott has better cafeteria offerings than many

39:44

of the better known schools. So yeah, it varies back and forth.

39:49

Ken, I thank you for your call. I got you in before the

39:51

news. I hope you don't have to wait. Everyone else is gonna have to wait, but I got you in and I think you made some great

39:57

points and we'll get people react to what you have to say. Thank you

40:00

very much, Thanks Dan, good care. Here comes the eleven Ron and

40:04

Bill and John, you guys stay. They're the only lines opening right now.

40:07

Six one, seven, four ten thirty. We will carry this into the next hour. The value for college education keeps going up. Is it worth it