Quote from: irapthor on December 13, 2018, 12:12:32 AMQuote from: phil on December 05, 2018, 12:44:38 PMQuote from: jmcozenlaw on December 03, 2018, 10:20:05 AM
The "worse academic institution" argument rings so hollow in my opinion. I've got several wealthy clients who did not go to "elite" academic institutions. In fact, three of them didn't even finish college (one is worth north of $210 million). Tiny little DelVal, in bucolic Doylestown, just posted the statistics from the 2016-2017 academic year regarding the first time pass rate for the CPA Exam. Of the 104 colleges and universities who offer an Accounting major/minor, DelVal was #5 in the PA with a 92.8% pass rate. They were above schools like Villanova, Temple, Pitt, Penn State, Moravian, Bucknell, Lehigh and others.
As my accountant (from the old Bloomsburg State University) always tells me, "a debit is a debit...................a credit is a credit. Whether you are learning it from a TA in a building with Ivy on it or in a state school, from a tenured professor, who actually worked in the business.................it's all the same".
Stop the "worse academic institution" nonsense. I went to Swarthmore and it has never impressed any of my clients. The return that I deliver on their investments each year is all that they care about. If I went to Whatsamatter U, I'd still be managing their risk capital. Because I'm good, not because I'm a Swatty. Now let me get back to my day job.................after starting the day with a killer triple leveraged short natural gas play (DGAZ) from Thursday. Cha ching!!
Not everybody who fails to get a college degree winds up with a $210 million net worth. A credit is indeed a credit – and with some hard work a degree will give you a chance for success in your field of choice upon graduation. Usually it helps to graduate. Swarthmore 4-year grad rate = 89%. NJCU 4-year grad rate = 7%. If I were a parent, I'd definitely be questioning the wisdom of moving from Rowan to NJCU in order to play a sport you'll be leaving behind upon graduation. Now get that guy with the $210M in touch with Mr. Coleman!
Phil, I've respected you quite a bit over the years so I'm just going to assume you don't know the difference between your alma mater and others. The reason NJCU's 4-year graduation rate is 7% is because nearly every one of our students, whether they play a sport or not, needs to work. Work to pay for school entirely or partially. It's the real world. School isn't free and not everyone has a wealthy mom or dad to foot the bill.
I'd like to think I'm a pretty intelligent person. You see what I've done with my life...in college and pro sports and in politics. I went to William Paterson. I took me 5 1/2 years to graduate. Why? I was paying for school and rent entirely by myself and had to hold down a full-time job AND several part time jobs or I would not have finished school. So I counted against WP's 4-year graduation rate. If mom and dad were paying for school perhaps I could have finished in four years. But that wasn't the case.
NJCU has an excellent business school right on Exchange Place that is attracting students from all around the world, including a huge number of Chinese exchange students. Our criminal justice program is among the best in the country and the number of FBI agents and state police we turn out is pretty impressive. It's a way better education than we are given credit for. The recently retired VP of the NBA is one of our Hall of Famers. One of the top federal judges in this part of the country is a former football captain. Several of the top politicians in the state came out of our poli sci program.
So don't judge a school based on its 4-year graduation rate. It's a skewed number that some elitists in the media use that doesn't accurately paint a picture of what real life looks like. Real life has challenges. I'm living proof.
Not to mention the outstanding Music, Dance and Theater program that has produced many outstanding music teachers and performers. One who was there while I was who is now Gloria Gaynors music director and keyboardist. The Art and Media Arts program at NJCU are also first rate.
