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Yes, college degree has value -- try $1 million

 
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World Traveler



Joined: 29 May 2009

PostPosted: Sat Nov 19, 2011 10:54 pm    Post subject: Yes, college degree has value -- try $1 million Reply with quote

Quote:
The Census Bureau has taken a new stab at answering the age-old question: Just how much is a college degree worth?

The answer: $1 million.


http://lifeinc.today.msnbc.msn.com/_news/2011/11/17/8861013-yes-college-degree-has-value-try-1-million

Quote:
The report also shows that while 85 percent of adults have high-school diplomas, fewer than 30 percent have college degrees.
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mmstyle



Joined: 17 Apr 2006
Location: wherever

PostPosted: Sun Nov 20, 2011 1:38 am    Post subject: Reply with quote

The degree price seems low (based on my own research for myself). Also, the cost of interest doesn't appear to be included. Noticeably absent is how much cheaper similar degrees are in other countries (based on the fact that my husband can and did get the exact same degree at a much cheaper price than I could). WT, I am noticing a trend in your posts....are you a shill for unis?

Also absent....the fact that so many college grads can't get a decent job these days, and it doesn't mention the TYPE of degree.
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Unposter



Joined: 04 Jun 2006

PostPosted: Sun Nov 20, 2011 4:16 am    Post subject: Reply with quote

The numbers are quite skewed because some college graduates earn a ridiculous amount of money and while some people without college degrees earn a good amount, other than athletes and a few guys like Bill Gates and Steve Jobs, most people without a college degree don't do so well.

One million dollars over the course of a career 40+ years really isn't all that much. Maybe $25,000 a year more. Considering how skewed the numbers are, for the average college graduate the difference probably isn't much.

And, when you look at people like Gates and Jobs, you start to realize that aptitude has a lot more to do with it than education.
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wallythewhale



Joined: 12 Mar 2009

PostPosted: Sun Dec 04, 2011 10:22 pm    Post subject: Reply with quote

I know a ton of people right now making less than $30,000 a year with a bachelor's degree. Hint: Take a look in the mirror. Shocked
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