Trauma and figuring out how we as americans had come to that point where we could be living so close to poverty without recognizing it on a daily basis. Sreenivasan all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by heres to lifelong friendships and partnerships of all meaningful kinds. Heres to love that lasts yearin, yearout. For more than five generations, lincoln financial has helped people plan for the future because this is what you do for people you love. Lincoln financial, youre in charge. Moving our economy for 160 years. Bnsf, the engine that connects us. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan the f
Trauma and figuring out how we as americans had come to that point where we could be living so close to poverty without recognizing it on a daily basis. Sreenivasan all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by heres to lifelong friendships and partnerships of all meaningful kinds. Heres to love that lasts yearin, yearout. For more than five generations, lincoln financial has helped people plan for the future because this is what you do for people you love. Lincoln financial, youre in charge. Moving our economy for 160 years. Bnsf, the engine that connects us. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan the f
Are wrong about what happens in college. Better alternatives, its good to have money in the bank. Your kid decides they dont want to go to college who want to start a business its nice to get the kids money and let them use it to start their business instead of paying for them to binge drink or something. In terms of how much, there are a lot of people in the audience with badges that say they are in Capital Management or Something Like that and they could probably advise you better. My own portfolio suggests im not a good source of Investment Advice and should not be listened to. The one piece of advice i would give is i would probably save money outside of the 529 account and the reason for that is the 529 account you get a bandage or soprano in taxes but it has to be spent on college. With the amount of change going on that might tie you up. Entirely possible that if lots of people wanted to do something other than college the law may may change in you will be able to user for Somet
Arts education at all. As a matter of fact people who actually read and think and write are in surprisingly short supply. I have a friend who has a business and she heard a couple of people. Her job was to write catalog and amazon product descriptions. They came out with a distinguished Marketing Program and they could not write a coherent paragraph. She was like having to rewrite them. There is a lot of demand for people who can actually read and think and write. Its significantly unmet demand right now. Its not that there is no role for liberal arts. I think when people do get on their high horse about engineering but think the perception is engineering has remained a rigorous subject. If you go to school in Industrial Engineering or Mechanical Engineering you come out knowing a largely agreed upon body of stuff and its important stuff for when he do it works. I think there is not not the sense anymore that when you get a liberal Arts Education that you do something similar. I think
[applause] questions . [inaudible] s James Taranto points out that the u. S. Supreme Court Decision that essentially outlawed the use of iq tests in lieu of College Degrees to permit people who are not College Graduates to get jobs that matched up with their iqs because in some way they were racially discriminatory i believe. I dont remember the name. It had disparate impact. Disparate impact case. It strikes me that when you speak of credentialing of some sort that is in a College Diploma you might encounter in people for example of taking on line courses and i noticed harvard is starting an on line Course Program very recently so this is moving in the ivies as well. He might nonetheless encounter some similar credentialing problem. What are your thoughts about back . I think its possible but i dont think its likely. I think as possible but dont think its likely for two reasons. I think iq tests have a very special place in American Social and political history and i think competency