Academic Economic Destruction

SFGate posted a stunning article about the California Culinary Academy:

For the next 20 years, Matt Foist will be paying off his $46,000 in cooking-school loans, and all he says he has to show for it is a useless chef’s diploma, a nice set of knives – but no job.

He said he’d be lucky to make $15 an hour in the culinary world, even though the school told him he would land jobs with annual salaries of $45,000. So he’s gone back to his software career.
…
Tuition prices are typically $46,000 for a 12-month program and an additional three months of on-the-job training.

$46,000 FOR COOKING SCHOOL?!?

Here’s a tip kids – don’t take out a loan to learn how to cook. Get an entry level job at a restaurant and hang with the cooking staff. Move your way up, learn the trade there, and get paid for it. Also while it’s hard work, it’s not the worst thing you could do. The cooking club can be a good time if you have the disposition for it.

And the job guarantees those six figure administrators promise, duh, lies. You don’t get paid jack in the cooking industry until you make it and most never do.

Read more at W.C. Varones