Special guest Sean George of Dunmoe Consulting discusses the high costs of Massachusetts colleges, promoting trade schools as an alternative. They explore rising college tuition, vocational education, construction salaries vs. higher education costs, and alternative paths for high school students. They also delve into navigating construction permits, project costs, and financial aspects of project permitting.
Cost of college education exceeds $100,000 annually, leading to high student loans.
Obtaining permits for construction involves substantial financial investments and time commitments, influencing project feasibility.
Deep dives
Rising College Costs in Massachusetts
Colleges in Massachusetts, like Wellesley and Boston University, have surpassed $90,000 a year in tuition fees, with Brandeis and Olin exceeding $89,000. Miscellaneous expenses can easily push the total cost to over $100,000 annually, leading to substantial student loans. This considerable financial burden raises concerns about the affordability and sustainability of higher education.
Exploring Alternatives to Traditional College
Amidst rising college costs, discussions about vocational schools and other pathways to enter industries like construction without incurring significant debt gain prominence. Emphasis is placed on reevaluating the value and cost-effectiveness of pursuing various degrees and career paths, advocating for alternative educational options to better serve students.
Challenges and Opportunities in Promoting Vocational Education
Despite efforts to promote vocational schools and trades, challenges persist in changing perceptions and increasing participation. The stigma associated with vocational education and the balance between demand and support for such programs pose ongoing obstacles. Initiatives like reintroducing vocational programs in high schools aim to address these challenges and encourage pursuing diverse career paths.
Navigating Costs and Time Associated with Permits
The complexities of obtaining permits are highlighted, shedding light on the substantial financial investments and time commitments required before construction even begins. Detailed discussions reveal the intricate and costly processes, including deposit systems, architectural fees, and additional charges for modifications post-permit approval, underscoring the significant role of permitting in the overall project outcomes and feasibility.