@andyjaggyAmerican Fork, UT"It's time we stop acting like
college is the only path to a bright future. Hard work and dedication is the
path to a bright future, not a piece of paper."Easier said than
done because most of the time, two applicants put in for one job opening and the
hiring company would go with the applicant that has a college degree. Sad but
"How to reap the financial benefits of your degree?"First,
make sure you get a degree in a field where there are actual job opportunities.
Those who major in such fields as "gender studies," or African
literature, or philosophy or dance have thrown away any chance for financial
benefits, and deserve the crushing burden of the debt they incurred.As others have noted, many times a college degree is not necessary, especially
if not aligned with the individual's interests. Plumbers, auto mechanics
and welders get paid very well and provide services much more appreciated than
some careers requiring degrees.
@RBB & @andy - you say that a degree is not necessary and in some cases it
might not be. As a hiring manager I can assure you that I'll take a more
serious look at the degree holder over an applicant without. I don't even
care if the degree is in the field of hire. I have a good understanding that
someone holding a degree can take on difficult tasks, can see them through to
completion, has most likely developed rational thinking skills to solve those
problems, has worked to meet tight deadlines, has tried hard (depending on gpa)
to produce high quality results. That doesn't guarantee that the grad is
better than the other but I'll look at the grad first and might not look at
the other unless the grad disappoints. And in a world where jobs can be hard to
come by that extra benefit might make all the difference. And I also don't
care where the degree came from, so don't spend a ton on college but GO to
andyjaggy wrote, "It's time we stop acting like college is the only
path to a bright future."I agree that college isn't the
only path to a bright future, but "According to The Wall Street Journal, the
Labor Department found that median weekly earnings for full-time wage and salary
workers in 2014 was $668 for those with only a high school diploma. For those
with at least a bachelor’s degree, median weekly earnings went up to
$1,193."So the median annual earnings for the high school
diploma group is roughly $35K. Some earn more. Some earn less. Each person
needs to decide whether that will carry them to a bright future.Also
let's remember that a certificate or two-year degree can increase a
person's earning potential. "Going to college" doesn't have
to mean getting a bachelor's degree.
College education, 2 years or 4 years, or graduate, provide human capital to
individuals and society. The State of Utah shows to high cool students the
benefits of higher education over years, and anecdotal evidence is just that
anecdotal.The problem is how we fund higher education, we should not
burden students with debt. Lets do as Germany, they provide higher education the
same way we provide high schools education, free for the students.
It's time we stop acting like college is the only path to a bright future.
Hard work and dedication is the path to a bright future, not a piece of paper.
While college is nice, it might not be for everyone. An acquaintance of mine is
early 20s. She did not go to college and her sister did. Over the last 4 years
she has made about $130,000. During that time her sister would have spent about
$40,000 to get her social science degree. Even with her college degree, she
will start out making less. Assuming that the sister with the college degree
quickly gets raises, until she is making $10,000 per year more than her sister,
it will take 20 years for her to break even - not counting the time value of
money. With that calculated in, she may not break even before retirement. I do not want to discourage people to go to college, but students have
got to get educated on the real costs before they start digging a big hole. Yes
a private liberal arts college sounds wonderful, but if your resulting degree is
going to pay $40-50,000 per year, you are mortgaging your entire future for a
piece of paper that may mean little more than that from a state school.
How to reap the financial benefits of your degree??? Well just grab one of those
high pay 'shovel ready' Obama jobs....good luck finding one!