nokiacasio
Team Captain
This topic is part of money and investing because education is an investment. Risk, diversification, costs, rate of return, etc apply to education just as they do to property and shares.
My son will finish his VCE this year and I am hoping he will get a really good ENTER. I am hoping he gets over 90. I have invested in a lot of private tutors and he seems to be studying so much that Asian kids are starting to accuse him of having no life.
Some people I have spoken to have said that university is a waste of time and that TAFE is better because TAFE gives you real skills that are suited to a vocation while university tends to be more general and theory-based.
However, my friend Frank says that only crap students go to TAFE. The elite all send their kids to universities, and not just any backyard university but the top Australian universities.
What I would like to know is how much status matters in higher education. For example, suppose you studied computer science or maths at Harvard University like Bill Gates did and compare that to, say, a computer course at Excomm or some TAFE. Even if the two places teach roughly the same thing it is probably naive to think that the two courses have the same effect on success in the labor market just because the course content is similar.
Another issue I'd like to explore is general subjects versus more specific subjects. I have a friend who claims that university is a complete waste of time. He came out of high school and became a plumber and now he earns money and has a house and car while all his uni friends of similar age are still slogging it out with exams and such. He claims that it is better to get money faster by focusing on more specific vocational courses at technical schools rather than waste time with the general disciplines at university. A browse through the TAFE catalog reveals very specific courses such as Picture Framing IIV or How to Write a Business Letter whereas uni subjects tend be, say, Linear Algebra, Fundamentals of Biochemistry, etc.
So basically a commerce degree at Melbourne Uni would need an ENTER of about 95 to get in, which means you'd have to be in the top 5 per cent. But why not just do a business course at some TAFE that doesn't even require an ENTER? Would they be the same?
My son will finish his VCE this year and I am hoping he will get a really good ENTER. I am hoping he gets over 90. I have invested in a lot of private tutors and he seems to be studying so much that Asian kids are starting to accuse him of having no life.
Some people I have spoken to have said that university is a waste of time and that TAFE is better because TAFE gives you real skills that are suited to a vocation while university tends to be more general and theory-based.
However, my friend Frank says that only crap students go to TAFE. The elite all send their kids to universities, and not just any backyard university but the top Australian universities.
What I would like to know is how much status matters in higher education. For example, suppose you studied computer science or maths at Harvard University like Bill Gates did and compare that to, say, a computer course at Excomm or some TAFE. Even if the two places teach roughly the same thing it is probably naive to think that the two courses have the same effect on success in the labor market just because the course content is similar.
Another issue I'd like to explore is general subjects versus more specific subjects. I have a friend who claims that university is a complete waste of time. He came out of high school and became a plumber and now he earns money and has a house and car while all his uni friends of similar age are still slogging it out with exams and such. He claims that it is better to get money faster by focusing on more specific vocational courses at technical schools rather than waste time with the general disciplines at university. A browse through the TAFE catalog reveals very specific courses such as Picture Framing IIV or How to Write a Business Letter whereas uni subjects tend be, say, Linear Algebra, Fundamentals of Biochemistry, etc.
So basically a commerce degree at Melbourne Uni would need an ENTER of about 95 to get in, which means you'd have to be in the top 5 per cent. But why not just do a business course at some TAFE that doesn't even require an ENTER? Would they be the same?




