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College degrees are nothing but credentials. They open doors that cannot otherwise be opened. What you do after the door is opened is up to you. But the stats seem to favor those with degrees--> http://www.bls.gov/emp/ep_chart_001.htm
Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 - 8/23/10... “Life’s most urgent question is: what are you doing for others?” — Martin Luther King, Jr.
Well if you ever want to work in the movie biz don't bother getting a degree. Pretty much useless and I've never heard anyone even mention theirs; however, I got business degrees for other field of work. But, aren't we getting a wee bit off topic?
True that. But the OP did bring up the need to make good on the gift, so I put in my two cents. Won't say any more.
If I wanted to make something out of that br, I'd head for Las Vegas. There're a number of good games there, and you won't have to wear out your welcome at any one place. And that size money causes hardly a ripple.
Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 - 8/23/10... “Life’s most urgent question is: what are you doing for others?” — Martin Luther King, Jr.
Aslan, I got what you are saying. The stats you posted does show that it is better have a degree. By doing that it does help you with career and academic career and that is the only thing it does and thats all you going to get. What I couldn't stand is what people are saying that mangify the truth beyond the limits of a college degree. Like I mention on my last post " If you have your degree you have it for life". A college education is not that.
Last edited by seriousplayer; 01-13-2013 at 12:07 PM.
Anyone want to translate that for me? $450 a semester? distinguish yourself from the rest of your investment? redundant funds?
Why do I get the feeling I'm talking to a Nigerian Prince?
Let me die in my sleep like my Grandfather.
Not screaming in agony like his passengers.
There was a story in the newspaper a few years ago about a waitress in a local high end steak house that had a master's in social work. When asked why she didn't get a job in her field of study she replied that if she did that she would be making half the money she was making waitressing, $35,000 a year vs $67,000. Sometimes a degree doesn't translate into a bigger paycheck, but then again some profitable fields absolutely require a degree.
You must be old.......$450 doesn't even pay for one class in pretty much any university today. Heck, I've spent that much just on books. Full 12 hour semester at university I went is about $6,000, although I was out-of-stater. The expense doesn't bother me because entry level jobs make about twice as much a year as total cost of education. Now, my first degree was at community college and was only about $600 a semester. I had scholarships though so that degree was almost free.
My grandfather has a PhD, worked in education his whole life and all he ever talks about is what a racket higher education is today. The stats that show the lifetime earnings differences between a college grad and non college grad, this is an apples and oranges comparison in my opinion. Do they ever mention IQ level of these two subsets before/when they are 18? It can't be close, and the ratio is likely somewhat similar to the ratio between the earnings. So is it really the degree that makes a difference or not? It's a circular arguement and neither side can really disprove the other. It does open doors that wouldn't otherwise have been opened otherwise, likely the equivalent of what a high school diploma did 30 years ago as Tthree said.
I have a BS, helped me somewhat for a short period of time, and at this point I don't anticipate I'll ever be using it again as far as employment is concerned(of course I COULD be mistaken). If you're fortunate AND kiss enough ass along the way, you might work yourself up from a few years of being underpaid to a position that makes it worth it. Or if you're born into the right circle, but this generally leaves people unmotivated and unlikely to achieve at a high level in the end.
But, good fortune will always most likely shine on the motivated and talented, and a college degree is not a prerequsite to be motivated or talented. The vocational schools are still probably a good value for all but the exceptionallly gifted if they choose the right trade. My uncle went to a community college for two years even though he qualified out of high school and then finished his degree at a university, that is also probably a better option for most than being paying an inflated price for a mediocre education and paying compounding interest on top of that.
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