college is a waste of money

Discussion in 'Economics' started by zdreg, Mar 11, 2018.

  1. In UK the education is probably the best now.The crooks from our government are sending their offsprings to study in UK over America.
     
    #11     Mar 11, 2018
  2. Handle123

    Handle123

    I have always looked at going to college as sometime to do, pick up women and take tests. I have never had a "job" in any of the degrees I have earned, but time you get through them, it is why would I want to do this full time? I have always enjoyed more physical/mental demanding jobs that paid well enough but trading always came first back then. I think trading is one of the few careers you can't go to college because there aren't any degrees for it unless you using fundamentals for stock picking. There certainly programming degrees in Computer Science that is helpful, but your degree plan for trading is 10,000 to 20,000 hours of screen time for day trading, much much less for long term. And the tests you take for trading is your trading account amount. But I have used what I learned from colleges for my own businesses and I am sure future business, but I think overall, college degrees are a way to reduce the masses from applying for jobs. What I really think of college, way for you to mature in a semi controlled institution, making you get used to being sheep in the corporate world.
     
    #12     Mar 11, 2018
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  3. #13     Mar 11, 2018
  4. College is only useful for very specific degrees/fields.
    Other than that it all just amounts to networking and getting drunk and laid.

    I would say at least 1/3 to 1/2 of my fraternity got jobs/careers through frat brothers or their family/friends.
    Degrees are mostly worthless.
    Your network is what gets you hired.
     
    #14     Mar 11, 2018
  5. Xela

    Xela


    Sounds like you're assessing the value of degrees only in terms of future employment and earning power, then?

    That's not my perspective or frame of reference at all.

    I think of the value of formal education (other than for vocational courses like law/medicine, of course) as being more for what remains with you, long after what you've learned has mostly been forgotten, and the fact that you have letters after your name isn't really relevant at all.
     
    #15     Mar 11, 2018
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  6. How `s networking going on in US?In Russia 90-s it was who cracks others skulls more.
     
    #16     Mar 11, 2018
  7. I’m assessing the value based on what a degree in a private U.S. University costs and what that gets you in return.

    In my opinion, six figures of debt at 22 years old isn’t worth it for the large majority of people.
    Especially now that you can get almost the same knowledge for free online.
     
    #17     Mar 11, 2018
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  8. Xela

    Xela


    I thought so: you see the "what that gets you in return" in financial terms. I don't doubt you're right, given that perspective (I just don't share it, though).
     
    #18     Mar 11, 2018
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  9. tommcginnis

    tommcginnis

    Wow. What a sad bunch of answers. :(

    Once upon a time, I heard a piece of "Christian" wisdom -- it may be from C.S. Lewis but was given to me without attribution. Paraphrasing, it goes,
    "Heaven is, 'anything you want.' So is Hell."

    In perhaps more 'earthy' terms,
    "Life is like a sewer -- you get out of it what you put into it."

    I put heart & soul into my college, grad school, and grad school+ classes, and regularly have cause to think back appreciatively at the time and effort. I partied, I had lots of extra-curricular activities -- but nobody would have ever have thought that my school work did not come first. I have ~90% of my various textbooks an arm's length away. (They were worth saving. Having taught college math, econ, and political science, the crap which passes for a textbook now??? Maybe not so much. And maybe that is part of the reason for the dissatisfaction(s) posted above.:( )
     
    #19     Mar 11, 2018
    beerntrading likes this.
  10. tomorton

    tomorton


    Not so. Many employers looking for applicants in a non-degree-specific role will demand a degree, sometimes they'll say a "science degree", but other than that your degree could be in a any stupid subject and that will get you through the sift.
     
    #20     Mar 11, 2018