Pretty much every college degree pays for itself on a long-enough timeline, the question is how much. But I also think lots of people going to into degreed fields just enjoy their work a lot more than if they didn't.
Student loans are not great, we need a better financing system and higher-ed has plenty of problems, but people are being very obscurant about men and college. They don’t want to go because they perform worse than girls in HS and culture reinforces they’re right to be lazy and ill disciplined
Median weekly earnings for doctoral/professional degree holders are just a hair over $2000? Median annual doctoral/professional degree holders make $104,000?
$104k as the median seems low. I am a lawyer and know a lot of lawyers and all the lawyers I know make a lot more than $104k! Indeed $104k is a lot less than the single smallest income of any professional degree holder I know, and is less even than most of my bachelor’s degree-only friends.
Ohhhh. I guess I’m curious as to the meaning of the term “professional degree”—same re: “doctoral” (indeed, as I am a “juris doctor,” which am I?). I definitely don’t think “teacher” when I think “doctoral/professional degree holder.”
Master in education and EdDs are common because unions negotiate pay bumps and usually have the district pay for them, they’re also a way to move into administration. Also masters in public administration would count as a professional degree I think.
My instinct is to always suggest that kids get their 4 years + professional/trade degree because the experience of that post-HS education environment grants much material advantages for kids/intangible benefits for society
But if not, fuck man at least go get some post-HS trade school certification
I’m increasingly convinced that what’s going on is lots of people got a degree, make okay not great money, and don’t understand how much worse off they actually would be otherwise.
Like yeah I wish I made a lot more but I’ve still tripled my earnings from when I was a night shift retail janitor.
ehh there's a huge cohort of the millennial crowd that got pushed college hard and ended up with no career and tons of debt.
college is a good investment but it has to be done wisely and there are many, many people who want dumb kids to rush in and keep the money machine churning.
like, higher ed. is just as fucked as healthcare in terms of profit motives and the never ending magic money machine. and sadly, we wont make any progress on either for the next four years.
Literally just go to community college and a state school and you’ll more than likely be fine. Like yeah the people with history degrees I know are not historians but they are like retail and operational managers or copywriters or whatever.
yeah i commuted 45 minutes to college from home to avoid debt. im debt free at 24 (...not that im ahead as i should be as i gambled on some really stupid shit and lost a ton of money lmao...)
you dont want to know how 1) convinced i was that harris was going to win 2) how insane i thought her odds were when they dropped to 37.5% and 3) how much money i put on her thinking I could quit my job the day after election day
tbh it made me realize how fucked the whole gambling/grift ecosystem is now. i mean as late as 2018-19, when i gambled online i had to buy crypto and move it to an offshore sportsbook. its absolutely insane you can instant transfer thousands now. we've created an awful society.
That was true in the aftermath of the Great Recession. The economy has recovered in the intervening 15 years and those people have attained well-paying jobs. There aren’t a bunch of college educated 40 year old millennials still scraping by as baristas.
Education is inversely correlated with unemployment for reasons that should be fairly intuitive (you can still be a waiter with a college degree but you cannot be an insurance underwriter without one)
i think it's hard to make sense of this chart without splitting it by age. I think the general trend would still hold but I'd like to see how this counterbalances against debt incurred
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No one points to the guy whose career ended due to a bad injury on the job.
But if not, fuck man at least go get some post-HS trade school certification
Like yeah I wish I made a lot more but I’ve still tripled my earnings from when I was a night shift retail janitor.
college is a good investment but it has to be done wisely and there are many, many people who want dumb kids to rush in and keep the money machine churning.