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Not a lottery, a multi-level scam.You can't win if you don't play.
The chances of winning the lottery are astronomical. Most people lose. No secret.
Granted, higher education isn't that bad, but considering that our society is turning into a service-based economy while higher degrees are being pushed as the best way to compete and have a good life. The enticements dangled in front of us aren't all that dissimilar. As a result, we keep seeing higher and higher percentages of graduates unable to work in their fields of choice, or downright unemployed. The lottery player is out the money they spent, and the unemployed graduate (usually) has huge student loans left to pay. Hence the question... Has higher education turned into something akin to a lottery when it comes to getting a good paying career.
Not a lottery, a multi-level scam.
Do these numbers include those with degrees who either are employed in something else (usually something with lower pay) or are unemployed completely? Or, are they only counting those who got jobs in their degree field? Neither story clarifies that point.On average, those with a bachelor's degree earn vastly more $$ over their lifetime compared to their peers without, almost double. It pays for any student loans many times over. And that's for college degrees in general. If you actually select your major wisely, those earnings increase substantially.
Not only that, but in spite of rocketing tuition, the earning gap between those with college degrees and those without is actually increasing.
Do you need a college degree to be successful? Of course not. Does getting a college degree guarantee that you can coast your way to success and wealth? Of course not. But if you approach it wisely it's likely the best investment you can make toward securing your financial future.
Who's getting scammed again? :roll:
College Degree Nearly Doubles Annual Earnings
How Higher Education Affects Lifetime Salary - US News and World Report
Do these numbers include those with degrees who either are employed in something else (usually something with lower pay) or are unemployed completely? Or, are they only counting those who got jobs in their degree field? Neither story clarifies that point.
Unless you are going into a STEM-H job, .
Unfamiliar acronym, pls explain STEM-H.
Science, technology, engineering, math. Dont' know what the H is.
But that's kind of my point. It's now "on average", whereas a couple decades ago I think a degree was better than "on average", it was a much safer bet. You had to be either a screw-up or very unlucky for it not to happen.It accounts for both.
But, remember, it's a statistical claim. The numbers show that ON AVERAGE individuals with college degrees earn more than their peers. It's not saying that if you have a college degree but you work at McDonald's flipping burgers, you're magically going to make $50k a year. What the statistics say is that, even during this economic downturn and despite all the horror stories we hear about college grads not being able to find work, that in reality those with college degrees ON AVERAGE are still landing jobs that pay much more.
Approach it wisely? How many wise 17-18 year olds do you know?On average, those with a bachelor's degree earn vastly more $$ over their lifetime compared to their peers without, almost double. It pays for any student loans many times over. And that's for college degrees in general. If you actually select your major wisely, those earnings increase substantially.
Not only that, but in spite of rocketing tuition, the earning gap between those with college degrees and those without is actually increasing.
Do you need a college degree to be successful? Of course not. Does getting a college degree guarantee that you can coast your way to success and wealth? Of course not. But if you approach it wisely it's likely the best investment you can make toward securing your financial future.
Who's getting scammed again? :roll:
College Degree Nearly Doubles Annual Earnings
How Higher Education Affects Lifetime Salary - US News and World Report
Parents can help, but even public schools have become so big-business that the chances of getting anything more than a marketing spiel is difficult.Approach it wisely? How many wise 17-18 year olds do you know?
Schools literally pay people to ask kids what they like to do, what their interests are, and then to pursue that. Well, when I was 17, my interests were naked girls, drawing in class, video games (this was the height of the square soft era), and reading. So I ended up going to an art school, and getting a lib art degree. Useless. My parents went along with it because they had the old school mindset that any degree is better than no degree.Parents can help, but even public schools have become so big-business that the chances of getting anything more than a marketing spiel is difficult.
When being recruited, I mean.
On average, those with a bachelor's degree earn vastly more $$ over their lifetime compared to their peers without, almost double. It pays for any student loans many times over. And that's for college degrees in general. If you actually select your major wisely, those earnings increase substantially.
Not only that, but in spite of rocketing tuition, the earning gap between those with college degrees and those without is actually increasing.
Do you need a college degree to be successful? Of course not. Does getting a college degree guarantee that you can coast your way to success and wealth? Of course not. But if you approach it wisely it's likely the best investment you can make toward securing your financial future.
Who's getting scammed again? :roll:
College Degree Nearly Doubles Annual Earnings
How Higher Education Affects Lifetime Salary - US News and World Report
In their generation, it was.Schools literally pay people to ask kids what they like to do, what their interests are, and then to pursue that. Well, when I was 17, my interests were naked girls, drawing in class, video games (this was the height of the square soft era), and reading. So I ended up going to an art school, and getting a lib art degree. Useless. My parents went along with it because they had the old school mindset that any degree is better than no degree.
I think our entire method is wrong. How much sense does it make to essentially force kids not even two decades into their life to choose what they are going to do for the next 3 decades or more?
Stupid.
Approach it wisely? How many wise 17-18 year olds do you know?
I knew plenty of 17-18 year olds who had their priorities straight. Study hard, then party hard. Picked a tough major with good job prospects and are now reaping the benefits. Most of my friends fit that description, actually.
You can't win if you don't play.
The chances of winning the lottery are astronomical. Most people lose. No secret.
Granted, higher education isn't that bad, but considering that our society is turning into a service-based economy while higher degrees are being pushed as the best way to compete and have a good life. The enticements dangled in front of us aren't all that dissimilar. As a result, we keep seeing higher and higher percentages of graduates unable to work in their fields of choice, or downright unemployed. The lottery player is out the money they spent, and the unemployed graduate (usually) has huge student loans left to pay. Hence the question... Has higher education turned into something akin to a lottery when it comes to getting a good paying career.
Science, technology, engineering, math. Dont' know what the H is.
Educational and career success is based much more on skill and effort than luck. Poor planning and effort are the main reasons for unemployed grads.
College used to be pretty hard. They used to be pretty selective with who gets in. They used to only offer up fields of study that the current economy actually valued.
Schools literally pay people to ask kids what they like to do, what their interests are, and then to pursue that. Well, when I was 17, my interests were naked girls, drawing in class, video games (this was the height of the square soft era), and reading. So I ended up going to an art school, and getting a lib art degree. Useless. My parents went along with it because they had the old school mindset that any degree is better than no degree.
I think our entire method is wrong. How much sense does it make to essentially force kids not even two decades into their life to choose what they are going to do for the next 3 decades or more?
Stupid.
Ivy leagues are exclusive, yes. But if its higher education you want, and you're willing and able to pay, there is a school out there that WILL accept you, unless you simply don't have a GED, and heck, in some cases, you don't even need that.When?
That's not my understanding of what college used to be. During the early 1800's it was mostly study of the "classics", stuff like Latin, philosophy, Roman and Greek history, etc, and they were only selected as to the ability to pay. There has always been colleges who would accept anyone who could pay.
Today Ivy League schools turn down many applicants with perfect SAT/ACT scores and perfect GPAs. Even my son's state college turns town about 50% of the students who apply.
H=Healthcare
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