Do you really earn more money because you went to college? - page 8.

boumalo

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Quote from: CoinsCoinsEverywhere on August 14, 2014, 11:27:57 PM

Quote from: boumalo on August 14, 2014, 10:17:38 AM

Quote from: CoinsCoinsEverywhere on August 14, 2014, 02:33:54 AM

Quote from: fanboy4 on August 11, 2014, 03:13:59 AM

Quote from: boumalo on July 03, 2014, 04:20:01 PM

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.

One of the most important academic lessons I learned in college was figuring out how to figure out how to do things. College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do. That lesson is priceless.

But you could have learned it in high school, at home and it is not worth tens of thousands per year; even if you didn't pay tens of thousands per year it costed tens of thousands per year

No, I couldn't have learned that in high school. High school is too low level--they're mostly concerned with teaching particular facts and concepts. The atmosphere is too constrained by particular curricula. You have to be given time and space to learn to think independently and figure out how to solve the problems you run into along the way.

Maybe you could have been given time and space in high school if the teaching was better and made differently; or you could have learned what you learned for a cheapest cost in college

CoinsCoinsEverywhere

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Quote from: boumalo on August 14, 2014, 10:17:38 AM

Quote from: CoinsCoinsEverywhere on August 14, 2014, 02:33:54 AM

Quote from: fanboy4 on August 11, 2014, 03:13:59 AM

Quote from: boumalo on July 03, 2014, 04:20:01 PM

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.

One of the most important academic lessons I learned in college was figuring out how to figure out how to do things. College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do. That lesson is priceless.

But you could have learned it in high school, at home and it is not worth tens of thousands per year; even if you didn't pay tens of thousands per year it costed tens of thousands per year

No, I couldn't have learned that in high school. High school is too low level--they're mostly concerned with teaching particular facts and concepts. The atmosphere is too constrained by particular curricula. You have to be given time and space to learn to think independently and figure out how to solve the problems you run into along the way.

boumalo

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Quote from: CoinsCoinsEverywhere on August 14, 2014, 02:33:54 AM

Quote from: fanboy4 on August 11, 2014, 03:13:59 AM

Quote from: boumalo on July 03, 2014, 04:20:01 PM

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.

One of the most important academic lessons I learned in college was figuring out how to figure out how to do things. College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do. That lesson is priceless.

But you could have learned it in high school, at home and it is not worth tens of thousands per year; even if you didn't pay tens of thousands per year it costed tens of thousands per year

movelikejagger

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We live in that time when people should end college cause of a piece of paper...

CoinsCoinsEverywhere

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Quote from: fanboy4 on August 11, 2014, 03:13:59 AM

Quote from: boumalo on July 03, 2014, 04:20:01 PM

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.

One of the most important academic lessons I learned in college was figuring out how to figure out how to do things. College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do. That lesson is priceless.

fanboy4

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Quote from: boumalo on July 03, 2014, 04:20:01 PM

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.

CoinsCoinsEverywhere

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Activity: 532

Merit: 500

Quote from: boumalo on August 07, 2014, 09:37:56 AM

Quote from: ANTIcentralized on August 05, 2014, 10:29:18 PM

Quote from: CoinsCoinsEverywhere on August 05, 2014, 09:11:28 PM

Things like communications skills, writing skills, a whole host of technical skills, networking with people, and even personal growth can be very beneficial. Despite getting solid engineering degrees, I probably learned more about myself and other people than the subjects I studied. I also formed some of the best relationships of my life. I don't think that would have been possible without being in a setting where I was surrounded solely by other people my own age.

This is a very good point. However you do not need to get a college degree (finish your degree) to have these skills. You really only need to attend college for "several" semesters.

And you could imagine other settings where you can get those skills as well

What other settings? I'm not saying you're wrong, but at least for me, I don't think it would have been possible elsewhere.

Quote from: boumalo on August 07, 2014, 09:37:56 AM

College tuitions have been rising exponentially mostly because of the State involvement in the education market and the price to pay is becoming tremendous : if you don't acquire enough skills or don't have other qualities a sole college degree will be close to worthless

When the State intervenes in a market the prices go up : heath, education ect. When the private sector is let free the prices go down

By State intervention, I assume you mean offering all kinds of student loans. State schools can be a great way to save money, but yes, the availability of lots of money for loans seems to driving up tuition as it enables more demand than there would otherwise be.

cookiemonsterwhat

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Quote from: leex1528 on August 08, 2014, 08:37:18 AM

Quote from: AnswerQuestion on August 07, 2014, 09:42:26 PM

I am unemployed and living in a homeless shelter even though I am 80k+ in debt from getting an art degree.

Not to be mean or anything, I mean that sucks but what on earth are you doing getting an art degree and why did it cost you 80k? Sounds like you went to a school that saw you coming from a mile away..

Some people think they would land a job at dream works, which is pretty huge.

Then again I can be wrong, and its not anything related can be a sub category of art. I know most people though are still struggling to pay off their debts by living w. their parents.

As for me, I noticed my per grade costed = $70. And I noticed even if I did transfer to a great college, that its going to be hell so I bailed.

leex1528

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Quote from: AnswerQuestion on August 07, 2014, 09:42:26 PM

I am unemployed and living in a homeless shelter even though I am 80k+ in debt from getting an art degree.

Not to be mean or anything, I mean that sucks but what on earth are you doing getting an art degree and why did it cost you 80k? Sounds like you went to a school that saw you coming from a mile away..

iTRADEbtc

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Quote from: AnswerQuestion on August 07, 2014, 09:42:26 PM

I am unemployed and living in a homeless shelter even though I am 80k+ in debt from getting an art degree.

Damm. I feel you man. I wish I could somehow help you out.

RedhatCAT

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I am employed as an attorney making 120k per year, so yes i think getting my JD was a good investment.

AnswerQuestion

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I am unemployed and living in a homeless shelter even though I am 80k+ in debt from getting an art degree.

boumalo

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Quote from: ANTIcentralized on August 05, 2014, 10:29:18 PM

Quote from: CoinsCoinsEverywhere on August 05, 2014, 09:11:28 PM

Quote from: iluvbitcoins on August 03, 2014, 09:09:42 AM

Quote from: CoinsCoinsEverywhere on August 03, 2014, 05:14:18 AM

Quote from: Habeler876 on August 02, 2014, 05:00:41 PM

Quote from: ProfMac on August 01, 2014, 10:45:41 AM

Quote from: cinder on August 01, 2014, 10:20:46 AM

Quote from: martinnew on August 01, 2014, 09:36:08 AM

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

There are over supply of college educated kids, MBA and lawyers.

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

Presumably the college educated move to lower jobs, and the less educated people become unemployed. So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.

This is a very good point. I graduated in 2009 and a few big law firms in my area went belly up in 2008-2010. For a couple years, I was competing with out-of-work lawyers for shitty legal support work. Go figure. Wink

Sure, going the uneducated route is fine if you have brains, ability and start-up capital. But you may be edged out of the market when you need a job the most.

Passing on a college degree is a gamble. You can certainly do better than those with college education, but the odds are against you. Sure, there are some without degrees that have made it big, but they are few and far between. Even if you have great ideas for businesses, inventions, etc., there are a lot of things that you can learn in college that will help you succeed at your endeavors.

such as?

Things like communications skills, writing skills, a whole host of technical skills, networking with people, and even personal growth can be very beneficial. Despite getting solid engineering degrees, I probably learned more about myself and other people than the subjects I studied. I also formed some of the best relationships of my life. I don't think that would have been possible without being in a setting where I was surrounded solely by other people my own age.

This is a very good point. However you do not need to get a college degree (finish your degree) to have these skills. You really only need to attend college for "several" semesters.

And you could imagine other settings where you can get those skills as well

College tuitions have been rising exponentially mostly because of the State involvement in the education market and the price to pay is becoming tremendous : if you don't acquire enough skills or don't have other qualities a sole college degree will be close to worthless

When the State intervenes in a market the prices go up : heath, education ect. When the private sector is let free the prices go down

TheJohn

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Quote from: williamevanl on August 06, 2014, 11:11:33 PM

Simply, yes, a lot more. A lot of college graduates (With good degrees, not psychology! ) quickly make $80,000 a year. My friends that didn't go to college don't even typically make half that, sometimes closer to 1/4 of that.

This is literally a job where I work where you just circle shapes all day. It pays ~50K starting out but requires a college degree. My mind was kind of blown when I realized how much more college graduates have the ability to make simply because people feel better about the work they do because they have college degrees. (not that it necessarily confers any type of advantage)

It really depends on how the college fee was spend. If someone use it for some nice business I believe they are already earning more then 6 digit a year..

williamevanl

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Simply, yes, a lot more. A lot of college graduates (With good degrees, not psychology! ) quickly make $80,000 a year. My friends that didn't go to college don't even typically make half that, sometimes closer to 1/4 of that.

This is literally a job where I work where you just circle shapes all day. It pays ~50K starting out but requires a college degree. My mind was kind of blown when I realized how much more college graduates have the ability to make simply because people feel better about the work they do because they have college degrees. (not that it necessarily confers any type of advantage)

ANTIcentralized

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Quote from: CoinsCoinsEverywhere on August 05, 2014, 09:11:28 PM

Quote from: iluvbitcoins on August 03, 2014, 09:09:42 AM

Quote from: CoinsCoinsEverywhere on August 03, 2014, 05:14:18 AM

Quote from: Habeler876 on August 02, 2014, 05:00:41 PM

Quote from: ProfMac on August 01, 2014, 10:45:41 AM

Quote from: cinder on August 01, 2014, 10:20:46 AM

Quote from: martinnew on August 01, 2014, 09:36:08 AM

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

There are over supply of college educated kids, MBA and lawyers.

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

Presumably the college educated move to lower jobs, and the less educated people become unemployed. So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.

This is a very good point. I graduated in 2009 and a few big law firms in my area went belly up in 2008-2010. For a couple years, I was competing with out-of-work lawyers for shitty legal support work. Go figure. Wink

Sure, going the uneducated route is fine if you have brains, ability and start-up capital. But you may be edged out of the market when you need a job the most.

Passing on a college degree is a gamble. You can certainly do better than those with college education, but the odds are against you. Sure, there are some without degrees that have made it big, but they are few and far between. Even if you have great ideas for businesses, inventions, etc., there are a lot of things that you can learn in college that will help you succeed at your endeavors.

such as?

Things like communications skills, writing skills, a whole host of technical skills, networking with people, and even personal growth can be very beneficial. Despite getting solid engineering degrees, I probably learned more about myself and other people than the subjects I studied. I also formed some of the best relationships of my life. I don't think that would have been possible without being in a setting where I was surrounded solely by other people my own age.

This is a very good point. However you do not need to get a college degree (finish your degree) to have these skills. You really only need to attend college for "several" semesters.

CoinsCoinsEverywhere

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Quote from: iluvbitcoins on August 03, 2014, 09:09:42 AM

Quote from: CoinsCoinsEverywhere on August 03, 2014, 05:14:18 AM

Quote from: Habeler876 on August 02, 2014, 05:00:41 PM

Quote from: ProfMac on August 01, 2014, 10:45:41 AM

Quote from: cinder on August 01, 2014, 10:20:46 AM

Quote from: martinnew on August 01, 2014, 09:36:08 AM

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

There are over supply of college educated kids, MBA and lawyers.

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

Presumably the college educated move to lower jobs, and the less educated people become unemployed. So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.

This is a very good point. I graduated in 2009 and a few big law firms in my area went belly up in 2008-2010. For a couple years, I was competing with out-of-work lawyers for shitty legal support work. Go figure. Wink

Sure, going the uneducated route is fine if you have brains, ability and start-up capital. But you may be edged out of the market when you need a job the most.

Passing on a college degree is a gamble. You can certainly do better than those with college education, but the odds are against you. Sure, there are some without degrees that have made it big, but they are few and far between. Even if you have great ideas for businesses, inventions, etc., there are a lot of things that you can learn in college that will help you succeed at your endeavors.

such as?

Things like communications skills, writing skills, a whole host of technical skills, networking with people, and even personal growth can be very beneficial. Despite getting solid engineering degrees, I probably learned more about myself and other people than the subjects I studied. I also formed some of the best relationships of my life. I don't think that would have been possible without being in a setting where I was surrounded solely by other people my own age.

iluvbitcoins

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Freedom&Honor

Quote from: CoinsCoinsEverywhere on August 03, 2014, 05:14:18 AM

Quote from: Habeler876 on August 02, 2014, 05:00:41 PM

Quote from: ProfMac on August 01, 2014, 10:45:41 AM

Quote from: cinder on August 01, 2014, 10:20:46 AM

Quote from: martinnew on August 01, 2014, 09:36:08 AM

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

There are over supply of college educated kids, MBA and lawyers.

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

Presumably the college educated move to lower jobs, and the less educated people become unemployed. So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.

This is a very good point. I graduated in 2009 and a few big law firms in my area went belly up in 2008-2010. For a couple years, I was competing with out-of-work lawyers for shitty legal support work. Go figure. Wink

Sure, going the uneducated route is fine if you have brains, ability and start-up capital. But you may be edged out of the market when you need a job the most.

Passing on a college degree is a gamble. You can certainly do better than those with college education, but the odds are against you. Sure, there are some without degrees that have made it big, but they are few and far between. Even if you have great ideas for businesses, inventions, etc., there are a lot of things that you can learn in college that will help you succeed at your endeavors.

such as?

CoinsCoinsEverywhere

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Quote from: DrG on August 02, 2014, 01:35:04 AM

While numerically there may be several states that don't pay $10/hr, most urban states (where the majority of the population of the US resides) is paying well above $8.50. CA will be $10 minimum statewide in 5 months. The urban cities pay much higher since cost of living is higher (hence why you see $13 and $15 minimum living wages popping up).

If you do happen to live in one of those places where the minimum is $7.25 it's even easier to buy a house. My wife live in KY for 3 years and bought a large house for $80K - same house would have cost $500K here in CA. So even though the wage might be 1/2 as much, housing is insanely cheaper. Electricity, heating gas and water are cheaper there too. Only things like gasoline tend to run the same price around the country.

Either way my point is minimum wage can result in a nice nest egg if people discipline themselves like professionals going through 12 years of schooling.

Expenses don't scale linearly. Houses may be cheaper in places with a smaller minimum wage, but that doesn't make them more affordable for those who are making minimum wage. Cost of living matters for things besides houses, of course, but those making minimum wage are going to be spending most of their money on food, clothing, gas, etc.

CoinsCoinsEverywhere

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Quote from: Habeler876 on August 02, 2014, 05:00:41 PM

Quote from: ProfMac on August 01, 2014, 10:45:41 AM

Quote from: cinder on August 01, 2014, 10:20:46 AM

Quote from: martinnew on August 01, 2014, 09:36:08 AM

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

There are over supply of college educated kids, MBA and lawyers.

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

Presumably the college educated move to lower jobs, and the less educated people become unemployed. So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.

This is a very good point. I graduated in 2009 and a few big law firms in my area went belly up in 2008-2010. For a couple years, I was competing with out-of-work lawyers for shitty legal support work. Go figure. Wink

Sure, going the uneducated route is fine if you have brains, ability and start-up capital. But you may be edged out of the market when you need a job the most.

Passing on a college degree is a gamble. You can certainly do better than those with college education, but the odds are against you. Sure, there are some without degrees that have made it big, but they are few and far between. Even if you have great ideas for businesses, inventions, etc., there are a lot of things that you can learn in college that will help you succeed at your endeavors.

Topic: Do you really earn more money because you went to college? - page 8. (Read 13000 times)