I play golf with some people in rancho sante fe -- a harvard degree is starting to mean reach for you wallet its about to get picked. I think people are going to start looking at other schools on the east coast.
The point isn't that you should join them or be like them, but that an extensive education is not necessary to making a living and that people should stop being such PUSSIES. I've never seen such a bunch of whining assholes. I don't have a job, I can't afford to get a Phd, I'm never going to be able to live in a 3,000 sq. ft. mansion, I'm going to cry. Is this elite trader or elite whiner? Finally, schooling is NOT the same as education. If I was going to start a farming education, I'll take a kid with an 8th grade education that grew up on a farm any day over some egg-head with a Phd in agribusiness and who never worked on a farm.
I'm waiting for the first Nuclear Scientist or Accountant to get a job in those fields without a degree. Oh wait...that's right, you can't become a CPA without having a degree in most states. oops...my mistake, those facts don't belong here...resume the degree bashing...
I did not know we were bashing degrees. I thought we were just bashing useless ones. I have a law degree, its not worth shit.... just kidding. Most lawyers do not like being lawyers .. but having a law degree is really useful in business.
I understand that definitely. But when the title of a thread is "how much is that degree really worth", it is obviously a loaded question. I would hope that any fool would be able to differentiate between a degree that gives you an invaluable skill vs. some fly by night art degree. There's goodwill in a degree that gives you a solid skill such as engineering, accounting..etc. As an example, Coca Cola (Coke) has value in its name that can't really be quantified. There is value there which a generic Cola company doesn't have. A degree in something like Accounting has goodwill as well. There's a value that can't be quantified strictly by salary. The person with that degree is more likely to find a job that pays then what they want vs. somebody that has a high school degree. Yes..in a bad economy, the high school dropout may get a job faster waiting tables, but the Accounting degree will open up so many more doors to move up the ladder. It seems to me that people without degrees seem to always completely ignore these facts and always point to the hippy with an art degree and say "see...I'm making as much as them". That's a self-fulfilling prophecy which they don't want to admit.
I agree... I even find my liberal arts degree valuable at times. Besides... there are just some things about college which were priceless.
Exactly... I did a co-op when I was in college. I went from working as a cashier in a store to writing software for Intel and literally quadrupled my salary overnight when I started that co-op. After 6 months at my co-op, my entire college education was already returned in value as opposed to if I had kept working as the cashier. Yeah...I feel the degree was worth it.
Exactly...there is so much more returned from going to college than what people just see at face value.