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asmith
Joined: 18 Jun 2009
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Posted: Wed Aug 19, 2009 4:29 pm Post subject: Your degree |
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Is it worth the paper it's written on?
Or is there a facet of higher education which is just another giant ponzi scheme? |
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cwflaneur
Joined: 04 Aug 2009
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Posted: Wed Aug 19, 2009 4:31 pm Post subject: Re: Your degree |
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asmith wrote: |
Is it worth the paper it's written on? |
I'll say. It's worth upward of fifty thousand dollars.  |
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AgentM
Joined: 07 Jun 2009 Location: British Columbia, Canada
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Posted: Wed Aug 19, 2009 4:38 pm Post subject: |
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I think it's worth it. It could enable me to start working my way up the public service ladder, at least it would if governments in Canada were hiring right now. In any event, my degree will enable me to go to Korea and earn decent money. |
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Clockout
Joined: 23 Feb 2009
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Posted: Wed Aug 19, 2009 5:02 pm Post subject: |
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It's worth something. I wouldn't have this job without it and would probably still be working at a liquor store or doing construction. |
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redaxe
Joined: 01 Dec 2008
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Posted: Wed Aug 19, 2009 5:33 pm Post subject: |
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Oh, mine is worth a LOT. If I were still in Seattle, with no BA degree, I'd be struggling to get a job as a barista at Starbucks (lots of baristas and waiters in Seattle have BA degrees). A Bachelor's degree is an absolutely necessary bare minimum to get a salaried job these days. |
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gaffe
Joined: 06 Aug 2009 Location: N.C.
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Posted: Wed Aug 19, 2009 5:59 pm Post subject: |
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Why are you so depressed? If the world's going to implode, enjoy these last few delicious moments of excess. Soju? |
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madoka

Joined: 27 Mar 2008
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Posted: Wed Aug 19, 2009 6:33 pm Post subject: Re: Your degree |
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asmith wrote: |
Is it worth the paper it's written on? |
Yes. My annual income exceeds the total cost of my degree about seven fold. That's a really good return rate and the best investment I ever made. |
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DCJames

Joined: 27 Jul 2006
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Posted: Wed Aug 19, 2009 6:43 pm Post subject: |
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EVERYONE and their little sister has a college degree now.
It doesn't mean much now. |
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kinerry
Joined: 01 Jun 2009
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Posted: Wed Aug 19, 2009 6:58 pm Post subject: |
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DCJames wrote: |
EVERYONE and their little sister has a college degree now.
It doesn't mean much now. |
Percentage wise... it's still only about 28% in the US.
The way costs are increasing, your degree will be worth much more in the future as there are fewer people than can afford them.
Also, the degree is just a benchmark, the knowledge is what is valuable (except in Korea, of course) |
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tatertot

Joined: 21 Oct 2008
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Posted: Wed Aug 19, 2009 7:17 pm Post subject: |
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I just have to chime in here. I hate the "I wouldn't be earning anything back home" or "a college degree isn't worth anything" threads. I have a BS in electrical engineering and my first job paid $67,000/year. I have friends that were making $80,000/year after graduating and some are now making more than $100,000/year after graduating only three years ago. If you get a general studies, philosophy, political science, psychology, etc. degree, of course you aren't going to be earning a lot. Those degrees don't mean anything because they don't prepare you for well-paying jobs.
Maybe the complainers should have just picked a better major when they started college. I wouldn't have any trouble finding a job back home right now paying more than $75,000/year. To those who would, perhaps you should get some marketable skills. It isn't anybody's fault but your own that you can't find a job. Of course, you might say why am I working in Korea for the equivalent of about $20,000/year? That's because I didn't enjoy my job and enjoying life is more important than any amount of money. You just have to examine your priorities and decide what is most important. |
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kinerry
Joined: 01 Jun 2009
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Posted: Wed Aug 19, 2009 7:23 pm Post subject: |
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tatertot wrote: |
I just have to chime in here. I hate the "I wouldn't be earning anything back home" or "a college degree isn't worth anything" threads. I have a BS in electrical engineering and my first job paid $67,000/year. I have friends that were making $80,000/year after graduating and some are now making more than $100,000/year after graduating only three years ago. If you get a general studies, philosophy, political science, psychology, etc. degree, of course you aren't going to be earning a lot. Those degrees don't mean anything because they don't prepare you for well-paying jobs.
Maybe the complainers should have just picked a better major when they started college. I wouldn't have any trouble finding a job back home right now paying more than $75,000/year. To those who would, perhaps you should get some marketable skills. It isn't anybody's fault but your own that you can't find a job. Of course, you might say why am I working in Korea for the equivalent of about $20,000/year? That's because I didn't enjoy my job and enjoying life is more important than any amount of money. You just have to examine your priorities and decide what is most important. |
Hmmm..."marketable skills", "your own fault because you can't find a job", "now making less money because I enjoy life"
Sounds to me like a typical wage slave.
Can't be too much of hypocrite though, I'm doing this to take a year (or more) off from things. |
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AgentM
Joined: 07 Jun 2009 Location: British Columbia, Canada
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Posted: Wed Aug 19, 2009 7:24 pm Post subject: |
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tatertot wrote: |
I just have to chime in here. I hate the "I wouldn't be earning anything back home" or "a college degree isn't worth anything" threads. I have a BS in electrical engineering and my first job paid $67,000/year. I have friends that were making $80,000/year after graduating and some are now making more than $100,000/year after graduating only three years ago. If you get a general studies, philosophy, political science, psychology, etc. degree, of course you aren't going to be earning a lot. Those degrees don't mean anything because they don't prepare you for well-paying jobs. |
I disagree, that is not the case all the time. They may not be as lucrative as Engineering, however, with poli-sci you can work your way up to reasonably well paying gov't jobs. At least when the gov'ts are hiring. It's true that there are degrees that are less useful, but don't discount everything in the Social Sciences.
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Maybe the complainers should have just picked a better major when they started college. I wouldn't have any trouble finding a job back home right now paying more than $75,000/year. To those who would, perhaps you should get some marketable skills. It isn't anybody's fault but your own that you can't find a job. Of course, you might say why am I working in Korea for the equivalent of about $20,000/year? That's because I didn't enjoy my job and enjoying life is more important than any amount of money. You just have to examine your priorities and decide what is most important. |
It's not that simple. Not all of us are good at the things which are required of Engineers or whatever, we have other skills. However, not everyone can do well in everything, even if they want to. Engineers for example, are often lacking in certain departments (social skills, writing would be two typical examples). Everyone has things they're good at and things they're not, it's not always as simple as just choosing something else! |
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bry0000000
Joined: 30 Jul 2009
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Posted: Wed Aug 19, 2009 7:33 pm Post subject: |
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I'd say it is because:
1) It's a virtual travel ticket. Never been outside the US (except for Canada) but I've always wanted to. ESL is the only way I'll be able to really afford to travel.
2) I take what I've learned with me. Sure, my history classes may not count much towards a job, but I wouldn't trade what I've learned in class for the world.
3) My school taught me how to get a job. Internships and portfolio building have kept me secure even during the depression. Although I am unemployed at the moment, I feel confident that I could land a job here if I wanted. My desire to go abroad and live for a while is stronger than my desire to settle down here... at least, it is for now. |
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cwflaneur
Joined: 04 Aug 2009
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Posted: Wed Aug 19, 2009 7:35 pm Post subject: |
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Instead of all "my major is superior" condescension, remember that most of the alleged "useless" bachelor degrees are really supposed to be the necessary first step prior to post-collegiate study, whereafter the real career begins. If someone just majors in psychology and then goes into world, that's another matter. Two very different situations. |
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Clockout
Joined: 23 Feb 2009
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Posted: Wed Aug 19, 2009 7:39 pm Post subject: |
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DCJames wrote: |
EVERYONE and their little sister has a college degree now.
It doesn't mean much now. |
It means a LOT in the sense that you are basically unemployable without it. It's hard enough finding full-time work with benefits w/a degree. Nearly impossible without one. |
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