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The ROI on college investment
Posted on 11/7/22 at 9:51 am
Posted on 11/7/22 at 9:51 am
Is getting a degree even worth the thousands anymore?
I don’t see companies paying top dollar for educated individuals anymore. Perhaps the educated ones started their own business via skills.
Companies are not paying for 4 year degrees any longer.
I don’t see companies paying top dollar for educated individuals anymore. Perhaps the educated ones started their own business via skills.
Companies are not paying for 4 year degrees any longer.
Posted on 11/7/22 at 9:52 am to Rhino5
It's a 4-5 year party so in that sense it's very worth it.
Unless you are the one paying.
Unless you are the one paying.
Posted on 11/7/22 at 9:52 am to Rhino5
quote:
Is getting a degree even worth the thousands anymore?
A degree was a requirement of my job, so yes.
Do I need a degree to do my job, no.
Posted on 11/7/22 at 9:52 am to Rhino5
quote:
Is getting a degree even worth the thousands anymore?
Depends of the degree...some are absolutely required for employment.
Posted on 11/7/22 at 9:52 am to Rhino5
Just learn the skills and lie and say you have a degree. Most companies will never check to see if you actually have one.
Posted on 11/7/22 at 9:53 am to Rhino5
quote:
Companies are not paying for 4 year degrees any longer.
Yes they are.
College ROI is great if you major in a subject that leads to a lucrative field. Even with higher student loans.
Posted on 11/7/22 at 9:53 am to Rhino5
What? My wife’s in lowly HR and they require a 4 yr degree. We hire full engineers as planners.
Now, out of state tuition at Auburn is $56k/yr…that is not worth it.
Now, out of state tuition at Auburn is $56k/yr…that is not worth it.
Posted on 11/7/22 at 9:53 am to Rhino5
All a bachelors mean is that you are responsible enough to finish a program that last years to complete.
Those people usually show up for work and have some level of intelligence. (Education level =/= intelligence though).
Those people usually show up for work and have some level of intelligence. (Education level =/= intelligence though).
Posted on 11/7/22 at 9:55 am to Rhino5
It's just supply & demand.
20-30 years ago a 4 year degree was quite an accomplishment and a good leg up on the rest of the potential employee field.
Today anyone who has the slightest bit of determination has a 4 year degree of some kind.
Gotta set yourself apart.
20-30 years ago a 4 year degree was quite an accomplishment and a good leg up on the rest of the potential employee field.
Today anyone who has the slightest bit of determination has a 4 year degree of some kind.
Gotta set yourself apart.
Posted on 11/7/22 at 9:56 am to Rhino5
For technical or professional degrees, absolutely. Now is it worth paying full tuition and out of state tuition costs to attend a “big name school” versus staying in state and getting a degree using TOPS, absolutely not.
Posted on 11/7/22 at 9:56 am to Gaston
quote:
Now, out of state tuition at Auburn is $56k/yr…that is not worth it.
It’s $31k/year.
I would say an engineering degree from Auburn with $120k in debt is still worth it. Maybe not the most financially sound decision, but average entry level salary for Auburn engineering graduates is north of $75k and easily can be advanced into six figures by an early part of their career.
Posted on 11/7/22 at 9:57 am to Snipe
quote:
Today anyone who has the slightest bit of determination has a 4 year degree of some kind.
a lot of companies/fields require a four year degree to get your foot in the door, small price to pay for the doors it can ultimately open throughout the course of a career
Posted on 11/7/22 at 9:57 am to Rhino5
I make more money on one skill that I learned over a summer than I do with my education. The education looks good on paper, the skills I learned are real-world and in demand.
Posted on 11/7/22 at 9:58 am to Rhino5
I always like to roll coal on the college boys when I see them on the side of the road panhandling
Posted on 11/7/22 at 9:59 am to Rhino5
I went CC for first two years and then an in-state school for the rest of my Bachelors. Went private for my Masters, but they were actually cheaper then some of the other public, in-state graduate programs.
I also went into private sector after working years of public, so I definitely wouldn’t be making the money I do now without both of those degrees. By the end of next year, my salary will have tripled.
That all said, it could absolutely be done cheaper and with less required courses.
I also went into private sector after working years of public, so I definitely wouldn’t be making the money I do now without both of those degrees. By the end of next year, my salary will have tripled.
That all said, it could absolutely be done cheaper and with less required courses.
This post was edited on 11/7/22 at 10:01 am
Posted on 11/7/22 at 10:00 am to Rhino5
You can look up ROIs on college degrees now. Companies are still paying for degrees that have marketable skill sets
Posted on 11/7/22 at 10:02 am to Rhino5
I think it depends on your preferred career path. For my wife and I, I think it was a good investment. For a lot of people out there, some experience in the trades would be way more beneficial.
Posted on 11/7/22 at 10:04 am to HoustonChick86
quote:
A degree was a requirement of my job, so yes.
Do I need a degree to do my job, no.
This is the problem right here, isn't it?
My great uncle was a mechanical engineer and only went to school until he was in the 10th grade.
He worked for a company called Cyclops and joined their apprenticeship program where they trained him to be an engineer over about a 6 year period. He was paid to learn his craft, and they taught him in a way that would be the most productive and efficient for his role.
The reliance on the excessively high cost of college, just to get in the door is insanity.
This post was edited on 11/7/22 at 10:05 am
Posted on 11/7/22 at 10:04 am to Rhino5
(no message)
This post was edited on 2/9/23 at 3:30 pm
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