Topic: Do you really earn more money because you went to college? - page 15. (Read 13059 times)

When everyone has a degree, the value of each degree goes down

The number of good jobs is going down because of heavy regulation and the state intervening in most markets; on the last job report we can clearly see a huge loss in full-time jobs replaced by part-time jobs

It is absolutely insane.  I have a computer science degree and am working at a help desk right now.

So I apply to companies to be a programmer.

"We are looking for someone with experience"

How are you looking for someone with experience at an entry level job....ummmm what

smugness on one side, bitterness on the other.

You have to count average college tuition per year * number of years + what you would have won if you didn't go to college and interests on all that = more than 100,000$

You have to count the revenues after tax so the difference is less between grads and non grads because grads pay more taxes

Then you have to take factor in that high schools graduates, college grads and advances degree holders were smarter, more connected and more success driven even before going into studies so they would have perform better than average anyway!!

That's the thing, everyone in University/College may be acting smug and superior now but I can guarantee when a great depression rolls around they'll be running around in a panic like headless chickens.

https://www.youtube.com/watch?v=u40mJ_ls5VE

Oh and adding to that every person I chat to over the internet about university/College seems bitter as fuck and unconvincingly tells me about how important it is I think even though my path is a difficult one I think I've made the correct one for the long term, I'd also like to point out as well now that a couple of my friends who aren't in university have already come back from doing courses and stuff and they're trying to figure out what to do with their lives because they didn't plan ahead.

Exact same thing will happen with the people I know going to University or more than likely they'll get a job in something that has absolutely nothing to do with what they originally studied, I can tell you something personal but my brother went for a masters degree in History and now he's basically doing tech support and fixing computers because that's where his skillset is. There's only one person I know of who actually went and did what they studied and that's his g/f but that's because she planned ahead properly and decided what she wanted to do and took the right degree and the right specialisation.

gg education system.

I would like to point out that I don't actually have anything against the idea of someone getting a degree in general, but you damn well better make sure you don't waste 4 years of your life studying sociology or any bullshit like that when you want to just be an electrician or something, no matter how much people try to beat it into you it just isn't worth the amount of time you waste.

I enrolled myself as a trainee into a large company straight out of high school and slaved there for about 2 years, after finishing my schooling (which they paid for) I was eligible for a real job which was a starting salary of 50k a year.

Would pick this path a thousand times over because while everyone @20 years was still poor and in uni I bought my first investment at 21.

i make decent money, having gotten a 4 year degree. dunno wtf i'd be doing without one.

doctors and lawyers seem to make good money.

yeahhhh, i'm pretty sure most people aren't going to strike it rich founding a groundbreaking company.

NEXT.

This is so true. Too bad I came into Bitcoin a year too late. I made a thread about this a while ago titled "You are transported to January 2013. What do you do?":

True. For some jobs (like an engineer or a surgeon, for example), there is really no other choice than going to college. Nobody is going to let you perform brain surgery or design a bridge if you don't hold the relevant qualifications. Then there are jobs like scientist and so on where a college degree is a huge help, but not technically mandatory. And then finally there are jobs like entrepreneur or programmer where a degree doesn't really help that much, if at all.

It's honestly retarded how much more they pay for graduates. Yes I earn way more because of my diploma. Just a sheet of paper.

I know this can be debated depending on the college tuition of going to that particular college.

But whats the average college debt for a student. $23,000? hopefully to pay it off within in a year? this is outside from other personal debts of course, with living costs. If you think $23,000 is small money you have no idea then. Plus I forgot the interest thats added.

And thats if you get a job right.

If you're absolutely sure that you want to go into the field you're studying,yes. If you're still floundering about with the idea of your career,then no. And only specialized science degrees count,not if you do English Lit or Pol Science.

Damn thats a lot of tacos to sell. The only way out of that be a franchise model within mexico similar to So Cal of "Kings Taco".

Chiptole is eating that market though, so not sure lol.

    High school drop outs: $18,734
    High school graduates: $27,915
    College grads (with a bachelor’s degree): $51,206
    Advanced degree holders: $74,602

When I graduated High School ('97) my parents immediately pushed me into College. I hated it and felt I could make more money by not going, so I skipped classes and eventually dropped out.

After working several unfulfilling hourly jobs, (Dell Phone Support, PC Tech @ Local Shop, Pharmacy Tech, Helpdesk Manager for a Subprime Lender) I realized I had peaked and wasn't going to be increasing my earnings any more. (I was in my early 20's at that point). None of the director's/execs & the Lender took me seriously or considered me anything more than a phone monkey.

At first I decided I would fill my wall with Tech Certifications, A+, and MCSE. But even when openings in the network support team came open, I was passed over for transfer/promotion.

So I decided to go back to school at night. It took me another 5 years of night school to finish my bachelors. Luckily for me the Lender offered Tuition reimbursement so I only came out with ~$10k in student Loans. As When I was within 1 semester of getting my diploma I told my boss & his boss that I wanted to move into Project Management or into the Software Development team. (I was getting a BS in Computer Science).

They nodded (as they always did) and I kept plugging along working on my Diploma. When I finally got it Dec 2007 nearly 10 years after I had started this process, I told my bosses they needed to get the wheels moving. (I knew the software dept had openings as some of my friends worked there).

I also started interviewing for entry level Software Dev. jobs with other Friend's companies. When I got my offer from my current employer my salary was instantly raised ~$20k.
After switching companies and working for my new firm for the last 6 years now, I've more than doubled my salary.

Would I have gotten the job or advancement without my degree? I seriously doubt it.
Do I use what I learned from College? Maybe once in a blue moon.

I think that the degree shows people that you:
A.) Have the ability to learn
B.) Can focus on objectives to complete complex tasks.

I don't think that people need to take all the BS classes colleges force down your throat. Like all the Literature classes they forced me to take, Physical Wellness Classes, or Art Appreciation. I mean seriously by the time you get to college, if you don't know that eating junk food all day and sitting at a computer makes you fat, you got other issues.

for example investing in bitcoin

if the money spent on collages was spent on bitcoin 4-5 years ago

you would be a millionaire