That’s what I was thinking but you said it better.
Of course production cost and market pricing are two different things that may or may not be related. Of course you gotta try and sell more with a larger margin.
Now not to go off on GM again but when in the heck are they going to fire mari? First she throws them into chaos with her EV brainstorm and now instead of trying to build quality cars and designs people want, she comes up with self driving as the wave of the future. How many more billions will she waste? She just doesn’t understand why people buy cars. They want to drive them, no5 gi for a bus ride. I’ve bought new GM my entire life, but doubt I’ll ever buy another.
I don’t understand the whole self-driving thing either…
But I do know that bigger companies are driven by data and consumer interest. GM for sure wouldn’t be putting the resources into self-driving unless they fully expected it to payoff in some way. Sounds more and more to me like they’ve surpassed Tesla.
It’s also sounding more and more like Elon and Tesla are falling way behind on the innovation curve. I give credit to Elon for jumping way ahead on the EVs in the first place; he got GM and Ford’s attention for sure. Sadly it seems like Elon has gotten “distracted” in recent years, and their product lineup has gotten stale. No way Elon can earn that “trillion dollar” salary at this point, but I could be wrong.
On Vo-Tech, in my area we still have Vo-Tech High Schools but in addition several of the Unions still offer PAID apprentice programs in plumbing, pipe fitting, electric and even merchant marine but try to convince a kid that it’s more important to leard a well paying skill than spend 4 years partying hearty.
At the college level it’s different because they’re not Trade Schools but there’s still schools like the US Merchant Marine Academy which is free and graduates earn a Cost Guard License or an Officers Military Commission. Then there’s the Top Universities where paid interships (job training and graduate placement) are practically required and for low to moderate families the cost is practically zero.
These colleges are selective but in the sense that they prepare and train their graduates for a job/trade they’re just a higher level Trade School.
At college level, there is always ROTC or internships. A friend interned at NIH and had his undergraduate degree in mathematics at the University of Virginia paid for. He had to work for several years after graduation as a payback.
Even w/o a paid internship, the cost for many students is zero, or at least not very expensive. At Harvard, a family income of $100k qualifies a student for a full scholarship (tuition, fees, room & board). A family income of $200k qualifies a student for zero tuition, but they still have to pay for general fees and room & board.
At Princeton, the comparable numbers are $150k and $250k.
However, the biggest hurdle is just being admitted. At Harvard, only ~3.5% of applicants are accepted, but that number jumps to ~4% at Princeton.
My daughter degree in “Bachelor of Science Criminal Justice with a 3.7 GPA, worked 40+ hours a week while going to school, has ALWAYS worked as much as possible since she turned 15, has a great work ethic, was a manager part of the time while in college and can not get a job due to no experience in the field, she is thinking about going back to get her paralegal just so hopefully she can get a job in the field… But right now she is a manager at her place of work, not using her degree in anyway, so far it is a useless piece of paper… And no she can not be a corrections officer due to her back and having twin 11” rods in it…
Her dream job is to be a criminal profiler for the TBI or the FBI…
All USA sponsored military schools (Airforce Academy, Annapolis, Westpoint) are free.
There are many colleges across the country have ZERO tuition room and board. And many colleges have stopped giving academic scholarships and replaced them with scholarships based on financial need. If you get accepted into Harvard, or Princeton or Yale and your parents’ income is $100,000 or less then you get free tuition room and board. Many colleges even have things like Half tuition if you maintain a 3.0 average. Some states have free tuition for In-state residences. Friend of mine has a son that just started college in North Dakota. During freshman orientation they actually told all incoming freshmen to stay over the summer and either get a job or take classes that way in the fall you can claim residency and tuition drops from $30,000 to $15,000.
There are lots of changes taking place in academia right now. Some employers don’t trust them anymore, particularly the ivyies. My dream job was to be assistant plant manager at a box plant or small manufacturer. Life has a way though of putting you where you belong instead of what you want, thank heavens. Ya keep plugging away but personal connections can be very important. Shoe in door and someone notices. Sometimes street experience or law degree might be an opener.
Sorry to hear of your daughter’s experience but she should have done some research before she chose her degree. A quick google search shows criminal justice consistently shows up as among the lowest paying and highest unemployment degrees around.
I do like her idea of getting a paralegal degree. Lots of job opportunities and pay is pretty decent. Also is a great stepping stone to getting a law degree.
At my bank the legal department offered high performing paralegals the opportunity to get a law degree part time on the banks dime.
Tell your daughter to focus on those employers first if possible. They’re out there. Good luck to her.
I was a QA engineer at a rotary compressor plant. I was about the only person that could make several departments work without problems. I could have been the plant manager, but I looked around and decided that the owners were Schmitz Heads and didn’t want to tie myself to their poor decision making. I waited a year to find a great next job, knowing that there was no way that they would replace me. Next to marrying my wife, it was possibly the best decision I ever made.
Maybe yes, maybe no.
At this point, a LOT of “paralegal” work is actually being done remotely by credentialled attorneys in The Philippines. They are fully fluent in English, and are well-trained regarding the US Legal System. Most important to a large US law firm, they are paid less than a US-based Paralegal is paid, and–of course–the US law firms don’t have to pay for any benefits for those “remote” attorneys.
Because there is a 12 hour time difference between Manila and the East Coast of The US, the assignment can be emailed to Philippine attorneys at the end of the US work day, and the completed legal documents can be emailed back to The US by the end of the following work day.
Bullcrap. The Ivy league colleges graduates are still the most sought after graduates. Go to Harvard or Yale or Brown during recruitment day. Companies from all over the world are there trying to recruit their talent - especially in the STEM fields. MBA programs in all schools (especially Ivy league has taken a hit). But STEM undergraduate from Ivy league is in very High demand. The top law firms all try to get Harvard and Yale graduates. Engineers from Ivy getting are 10-20 percent pay increase over a graduate from a lower tier college like Syracuse University (where I went). There is however a decline in US students from Ivy league colleges. International students at Ivy league colleges now account for 1/3 of all students.
I overstated it when I said nobody’s buying a Yaris. I’ll change that to very few people would buy a $23k Yaris if they could get a Corolla for $24k. Not enough people to buy enough cars to make it worth importing.
Okay. I thought a premise was that cheap cars have disappeared. Who can afford a $22K car who can’t afford a $24K car? Assuming they’re financing a monthly payment would be the price of a weekly Barstucks.
to ~4% at Princeton.
