There are two lists - private and public
Thatâs not my understanding. Itâs not annual
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Did you go to grad school at UT?
Come on, they deserve it. Theyâre the only school to get the funding outside the golden triangle. Spread the wealth.
Interesting stuff in UH link from there.
See
-Component institutions
Victoria & UH Downtown at Masters level.
Just a matter a time before a few Doctoral programs make sense.
Other 3 campuses also get $ for their endowments ?
-Other Enterprises
A lot going on.
UH System Student Enrollment Percentages
Hispanic and Latino Americans 42.8%
Any thoughts on what % are fluent in Spanish ?
Intellectual curiosity.
My Spanish friends in Tampa canât speak Spanish.
Yes. A given to most people.
Probably a lot of them are fluent in Spanish, but UH doesnât have dual language classes do they? So they are all fluent in English as well.
Theyâve done NIL with all that money.
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UT system has $49ish billion. >50% of it goes to the medical schools, I believe. I did a dive into their financials last year, but UT Austinâs endowment is ~$12B. Thatâs rockstar awesome, because Berkeley is ~$7B, for example.
Any comparison of Harvardâs 40-50B endowment to UTâs is an incorrect comparison. Harvard University is the college, the grad school, and the professional colleges (and constituent institutes).
UT system are 9 separate universities and 5 independent medical institutions.
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Iâm glad you like it: Iâm the author of that article.
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Negative. No grad school for me at all and I actually discourage non stem people from going to graduate school unless itâs a vanity project or for personal interest in a subject of their graduate degree.
Coincidental to this sub thread on the post, I reached out to a woman I was dating who is a zookeeper at the Houston zoo. She was required to have a masters degree plus loads of experience hours for no pay in order to get the job. She laughed at the numbers 1927 offered as a path to become a millionaire.
One of the women im dating is a librarian with the city of Houston so I asked her about her masters degree requirement to get her job. She hit her forehead because the cash return on her investment is pretty much break even. I did the math and she wonât accumulate anywhere near a million dollars in net worth in the next 40 years before she retires.
Both of them can obviously switch careers to something more millionaire friendly, but it goes back to my point that colleges are
- Not a good return on investment anymore
- Offering Degrees that help humanity, like zookeepers and social workers and librarians, but the graduates are not paid enough for the investment required.
I even discouraged my ex from getting her graduate degree at mccombs despite the 100% guarantee of a high paying job because her $40k student debt isnât worth it in my opinion.
Why do you ask about whether I have a graduate degree?
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Iâm actually with UH1927 on this.
For much of my first career as an Army Officer, I had a five figure income, but from my 20s onward I invested VERY aggressively every month without fail. Not until the later part of my career did I make six figures, but as my income increased, so did the amount that I invested every month.
Seven figure net worth today in my early 50s.
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We are the exceptions because reality claims otherwise.
Can a college graduate become a millionaire? Yes. Can someone without a college degree ? Yes.
But 1927 claimed that someone with a college degree should. Different than can.
My librarian and zookeeper wonât if they stay in the professions they love.
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Iâm guessing that if they invested systematically every month from their 20s onâŠboth could conceivably retire as millionaires.
There needs to be disposable income in order to invest. Even 1927 said he couldnât make it at $36k and thatâs around where these two present day examples are in salaries even with masters degrees. Take out rent and living expenses, not to mention transportation, and $36k doesnât provide a buffer to invest. Not even $46k for a teacher in Houston. Add the blown tire example I gave and youâre in the hole immediately.
I made it in my 20âs so itâs definitely possible. But it chaps my hide to see people put down using a college degree as the magic wand.
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Could, conceivably, if everything goes right. But life is messier than that. People lose jobs, or have unplanned medical expenses, or children, or get divorced, among myriad other possibilities. I personally anticipate retiring in my early 70s with a few million to my name, but Iâm also a single guy with no kids and a high-paying career who anticipates all of that remaining true. If one of these 18-wheelers on I-10 pulls over without looking while Iâm commuting home tonight, that could change in a hurry.
YesâŠthat tells me all i need to0 know about about her defeatist attitude.
Those who believe they canâŠwill!
Is it easyâŠIs it going to happen overnightâŠNO!
Will it take planningâŠsacrificeâŠgood decisions âŠhustle or extra hoursâŠYES!
But a net worth of at least $1 million dollars by age 65 for someone WITH a degree of higher learning from a University in the United States of America is very very very obtainable barring a major life tragedy.
We live in a country where there are more jobs than people to fill them and where people risk their lives to immigrate here.
It ALL starts with attitudeâŠyou need to stop hanging around those with a loser mentality and your mindset will drastically change!
The 100% SHOULD if they have an ounce of discipline, planning, and ambition. Itâs been provenâŠtime and time again
I imagine people hate to be around you with your negative defeatist view of the world.
Theres nothing defeatist about anything Iâve written so I canât tell if youâre projecting something internal, or simply ignorant. You are reiterating my original point that you are out of touch with reality. Just like Louis 16 you wonder why everyone shouldnât have their own Versailles.
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As I recall, in the book âThe Millionaire Next Door,â there was an example of a fireman who was a millionaire due to careful systematic investment and savings, and a surgeon making hundreds of thousands per year in income who had far less than a million in net worth due to he and his familyâs lavish spending habits and debt.
Everyone needs to read that book, as well as the book âThe Richest Man in Babylon.â
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