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re: 1 out of 4 bachelor degrees and nearly half of masters degrees have a negative ROI
Posted on 5/11/24 at 8:30 am to anc
Posted on 5/11/24 at 8:30 am to anc
quote:
engineering, computer science, accounting, medical field, actuarial sciences.
Not sure you told you kids the whole truth.
Aerospace engineering was on the top five list of unemployable careers that someone posted here a couple months back. So not all engineering pays off.
And computers is one of the last remaining maverick industries in which you don't actually need a degree to thrive.
Medical field is too broad. If you want to become a cardiac surgeon, sure. If you want to be a primary care provider, you might find yourself making less money than an NP in some specialties. Again, like engineering, it depends.
I don't know enough about accounting or actuarial sciences to comment.
This post was edited on 5/11/24 at 8:31 am
Posted on 5/11/24 at 8:38 am to anc
Do an ROI on your education degrees.
Posted on 5/11/24 at 8:41 am to Diamondawg
quote:
Do an ROI on your education degrees.
I have a MAT. Its worthless unless you teach..
Teaching should require a two year certificate.
Posted on 5/11/24 at 8:41 am to anc
I have a degree in criminal justice (wanted to be a us marshall). After having that degree plus two combat tours as an infantryman in Iraq, I got out of the Army and entered the real world. I applied for a job requiring a bachelors degree in Criminal Justice and was offered $10 an hour. It was pretty embarrassing to go home and tell my wife how the interview went.
Needless to say I have been self employed and happy ever since. Frick that degree!
Needless to say I have been self employed and happy ever since. Frick that degree!
Posted on 5/11/24 at 9:24 am to chili pup
quote:
Go get a trade, start a business within the trade. Be the boss and make money. It's much easier than wanting to be a white collar person.
Yep. If a man doesn’t mind some physical labor and some sweat, he can become very successful in fairly short order.
Especially in today’s “nobody wants to work” environment.
Show up on time, work hard, and the sky is the limit.
Posted on 5/11/24 at 9:30 am to anc
The problem is that too many entry level office jobs require a degree. Any degree.
I always found this interesting, if any degree is sufficient, than the position you’re filling is not a specialized role and it could likely be performed by anyone with a basic intelligence and most importantly: drive to learn and succeed.
I always found this interesting, if any degree is sufficient, than the position you’re filling is not a specialized role and it could likely be performed by anyone with a basic intelligence and most importantly: drive to learn and succeed.
Posted on 5/11/24 at 9:39 am to CaptEasy
quote:IF that person also possesses some basic business sense and some cursory computer skills for doing bids, invoices, bookkeeping, etc. Otherwise, they could lose their arse a short order. Often times the barrier to entry is the initial investment into equipment of whatever field you choose, vehicle(s) and some cash in the bank to get you through the startup. Never dealt with the SBA as I always heard they were a pain in the arse but it's always an option.
Yep. If a man doesn’t mind some physical labor and some sweat, he can become very successful in fairly short order.
Posted on 5/11/24 at 9:53 am to dgnx6
quote:
Why did you go to a fricking private school to get a shite degree?
USC is in Los Angeles. I can see why a young dreamer would go to school there to study acting. I don’t think it’s a wise choice, but I can see why a teenager would think it is.
Posted on 5/11/24 at 10:02 am to ibldprplgld
quote:
The problem is that too many entry level office jobs require a degree. Any degree.
The degree isn’t the problem. The problem is there’s too many applicants for the office job.
No entry level office degree “requires” a degree. The reality is every applicant has one…which establishes the floor. Now an MA is necessary to standout for an interview.
…ironically, the applicant should never disclose a PhD, because that application will be immediately dismissed for fear of short term interest in the entry level position.
Posted on 5/11/24 at 10:06 am to wackatimesthree
quote:
If you want to be a primary care provider, you might find yourself making less money than an NP in some specialties.
CRNA is the sweet spot, imo, as they get good money & tons of time off.
General pediatrics, rheumatology, and endocrinology are about the only fields where an NP/PA can make more than a doctor though, and that's only doctors well below median productivity. Most primary care docs, especially ones with a full patient load, are going to make $100-200k a year more than NPs.
This post was edited on 5/11/24 at 10:08 am
Posted on 5/11/24 at 10:10 am to anc
quote:
, I estimate that USC’s drama program has an ROI of negative $540,000.
USC is for kids who are already wealthy.
Posted on 5/11/24 at 10:15 am to teke184
quote:
I can believe it.
Chick I tried to date had gone to a private college to study photography and came up short of graduation.
I found out down the road that a photography degree tends to get you LESS income than if you had just started on your own as an amateur.
Because colleges are not places of training but a place to seek connections and status.
Everyone, including STEM folks, take general knowledge degrees. They don't actually learn a job until they're hired.
Doing college coursework doesn't make you anymore intelligent than if you had read the information from the internet.
Oh, but dorms, and parties, and all the ridiculous non-career stuff that people get at colleges...
It's a scam. Even the ivy league schools are showing us how useless the actual course material is. It's all about status and connections
We all know that one guy who never seemed all that bright who has made a career from the people he knows.
Posted on 5/11/24 at 10:25 am to BamaAggiemom
quote:
They asked her to train her replacements from India
My son's first degree was in IT and my DIL's was graphic design, both from top schools in those fields. He saw too many cases of old employees being replaced by new graduates or the work being sent to India too.
They didn't like their future prospects and did a fast track nursing RN's with him becoming a CRNA. They get paid very well and work 3 long days a week now.
Posted on 5/11/24 at 10:37 am to 4cubbies
quote:
USC is in Los Angeles. I can see why a young dreamer would go to school there to study acting. I don’t think it’s a wise choice, but I can see why a teenager would think it is.
This is the reason the thread is broken.
If you can get accepted to USC’s film school, the cost is irrelevant, despite the fact it’s a junk degree anywhere else.
A quick google search shows how many A-list actors have film degrees from Harvard, Yale, USC, etc.
Interestingly, the most prestigious degree at UConn was puppetry.
It was an immediate pipeline to Jim Henson in NYC. But, you needed to carry a minimum 3.8 into your junior year for acceptance into the program. Most competitors paid out of state tuition…and many sophomore tears were shed when they finished the fourth semester with “only” a 3.79….
Posted on 5/11/24 at 10:40 am to TDsngumbo
Some folks realize that the education itself is worth a lot.
Posted on 5/11/24 at 10:41 am to Diamondawg
quote:
IF that person also possesses some basic business sense and some cursory computer skills for doing bids, invoices, bookkeeping, etc. Otherwise, they could lose their arse a short order. Often times the barrier to entry is the initial investment into equipment of whatever field you choose, vehicle(s) and some cash in the bank to get you through the startup.
I overly simplified my statement.
If a man with a good work ethic and a good attitude gets a ground level job at whatever field it is, in my scenario he is learning all of that on the job.
But I do agree, there’s more to it than just hard work. And a little luck No and again doesn’t hurt either.
Posted on 5/11/24 at 11:51 am to dgnx6
quote:
Why did you go to a fricking private school to get a shite degree?
Because SC is a rich kids school, and it doesn’t matter because Daddy’s money is paying for it anyway.
Posted on 5/11/24 at 11:59 am to Red Stick Rambler
quote:
It reminds me of the old joke about a lawyer looking at a plumbers bill and commenting that the plumbers hourly rate was higher than his. The plumber respond that his hourly rate was lower back when he when was practicing law too.
In one of those jobs you deal with a lot of crap, in the other you’re a plumber.
Posted on 5/11/24 at 12:03 pm to anc
Brick and mortar universities days are numbered. They are an outmoded method of teaching and learning. They are nothing more than massively overpriced credential factories.
Posted on 5/11/24 at 12:05 pm to VOR
quote:
Some folks realize that the education itself is worth a lot.
It can be. Fortunately with the internet, you dont need college classes to learn anymore. You just need them for your credentials.
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