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Is a college degree still worth it?

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Re: Is a college degree still worth it?

Unread postby Outcast_Searcher » Thu 09 Sep 2010, 21:21:15

With the unemployment SO much lower for college grads, then it certainly seems it must be worth SOMETHING.

If people would attend state schools, work part time and summers, and try not to pile up too much debt, as well as focus on careers that have some applicability in the real world, that would seem to be worth it.

(That is not to say it's guaranteed, and you should expect bailout funder in chief Obama to bail you out if you don't use common sense and don't get a good job).
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Is a college degree still worth it?

Unread postby PrestonSturges » Thu 09 Sep 2010, 22:36:53

Frank Zappa said something about not needing to go to college as long as he had a library card. Which is fine if you are a fully committed artist who is going to bang out new work every singe day.

But on the other hand, consider the novel "Jude the Obscure" by Thomas Hardy, which describes the torture of being self-educated. If you don't want the education, then don't look back.
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Re: Is a college degree still worth it?

Unread postby Keith_McClary » Fri 10 Sep 2010, 00:30:42

$this->bbcode_second_pass_quote('Pops', '[')color=#FF0000]Stay on topic, please
Pops[/color]

Actually there is such a thing as "computer science", interesting theorems about computability, etc.

What college IT teaches is more like engineering than science.
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Re: Is a college degree still worth it?

Unread postby Keith_McClary » Fri 10 Sep 2010, 00:51:37

$this->bbcode_second_pass_quote('pup55', 'A')s for the actual content of college, of course that is the classic question, is it not? They give you all sorts of information you never use, with the exception of showing off during Bar Trivia from time to time.

"Education is what remains after one has forgotten what one has learned in school." - Einstein

Stuff like basic math and science literacy. Enough history so you'll notice if it's repeating. Ability to find your ass on a world map. Sufficient logic and critical thinking so you will recognize BS if you fall on your face in it.

Of course you should get all that in high school.

Another article:
The higher-ed bubble: ready to burst?
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Re: Is a college degree still worth it?

Unread postby PrestonSturges » Fri 10 Sep 2010, 02:03:45

Rush, Hannity, O'Reilly, and Beck didn't finish college, and they are all well adjusted, productive, well informed, wealthy people.

OK, wealthy anyway.

You got to give them that much, they are wealthy.
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Re: Is a college degree still worth it?

Unread postby Tanada » Fri 10 Sep 2010, 06:44:59

$this->bbcode_second_pass_quote('PrestonSturges', 'R')ush, Hannity, O'Reilly, and Beck didn't finish college, and they are all well adjusted, productive, well informed, wealthy people.

OK, wealthy anyway.

You got to give them that much, they are wealthy.


Just because someone disagrees with you does not make them poorly informed, unproductive or poorly adjusted. All four of them are articulate, know their audiences viewpoints and agree with them. Chris Mathews can make exactly the same claim, as can Harry Smith or Wolf Blitzer. Never make the mistake of projecting your beliefs about the way things ought to be on reality, such a position is foolish and will prevent you from achieving the very goals you believe in.

As for staying on topic, my college degree has done exactly nothing for me in my life, everything I have such as it is I got by hard work in an unrelated field. I had a great time in college but it left me with a big debt and a pointless degree.
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Re: Is a college degree still worth it?

Unread postby Xenophobe » Fri 10 Sep 2010, 08:30:48

$this->bbcode_second_pass_quote('Tanada', ' ')I had a great time in college but it left me with a big debt and a pointless degree.


May we ask what the degree is in?

I am an advocate of a more European style of education rather than what appears to be the American hopes of sending everyone to college, thereby reducing its value in general. My concept of education can best be described as elitist, it would fail if everyone followed my response to the original question, but works wonderfully in the context of general human psychology.
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Re: Is a college degree still worth it?

Unread postby MarkJ » Fri 10 Sep 2010, 08:54:06

College was well worth the expense for all the medical professionals in our family. Good pay, good benefits, overtime, second job opportunities, private duty homecare gigs, skill set mobility, good human job networking, growth industry etc.

Non college grads often get screwed since college grads working their first jobs, second, third or seasonal jobs often compete for the same jobs. College grads can work jobs which don't require a college education, but non college grads can't work jobs that require a technical degree, college degree, certifications etc.
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Re: Is a college degree still worth it?

Unread postby pup55 » Fri 10 Sep 2010, 09:00:44

$this->bbcode_second_pass_quote('', 'W')ith the unemployment SO much lower for college grads, then it certainly seems it must be worth SOMETHING.


Yes, the stats are quite clear, the so-called "average" college graduate tends to earn more money, be unemployed less, and in general, over his or her life be better off economically than the "average" non-college-grad.

Of course there are individual exceptions to everything and we all know a lot of college grads that ended up pretty miserable, just as we all know a lot of overachieving high school dropouts that somehow got to the end of the bell curve...

You come into life with a tool kit. I am talking about problem solving ability, critical thinking, common sense, as it were, and also social intelligence, stuff like persuasive ability that is useful economically, and also determination/"drive" if you will.....Different people have different combinations...

You also are born into the world within a certain culture, and with a certain set of economic circumstances...

You would like to think that if you have a full tool box, an abundance of those qualities, you would be pretty likely to get ahead in our society whether you went to college or not. But I am here to say that on average, even if you have a full tool box, if you somehow found yourself born to a single mom in a double wide in Appalachia, the odds of you being better off economically compared to a dimwit who happened to be born to a wealthy family in the Hamptons are significantly lower..... Can college equalize some of this? Yes, I believe it can. But part of this is not content-driven inasmuch as it is socialization-driven....you hang around a lot of college kids, and pretty soon you act and think in a certain way that is desirable in the workforce.

But if you don't care too much about economics, since it is not 100% correlated to happiness, maybe trade school is just as good, as long as you're happy. Hard to put a price tag on happiness. "Getting Ahead" is a western concept. Maybe that idea has run its course too.
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Re: Is a college degree still worth it?

Unread postby Pops » Fri 10 Sep 2010, 13:31:27

MarkJ makes a good point, but it's not only young people who have a problem, I have been involved with print graphics since I was a teenager and have been using a computer to do graphic design for over 15 years but I doubt I'd even qualify for an internship in government or big business because I have no degree.

$this->bbcode_second_pass_quote('pup55', 'C')an college equalize some of this? Yes, I believe it can. But part of this is not content-driven inasmuch as it is socialization-driven....you hang around a lot of college kids, and pretty soon you act and think in a certain way that is desirable in the workforce.

You have a good handle on this I think, pup. College as a aptitude test and indoctrination to "business".

I mentioned before that for me, not having a degree is a lot about self-esteem, here is a short story to illustrate.

In my 20s I worked for a retail jewelry chain. Lighting is very important when selling jewelry so we used lots of 150w spots and floods. When incandescent lamps using a small halogen capsule instead of a filament first came to market, I replaced all the 150w lamps with 90w lamps saving many tens of thousands of dollars on lighting and A/C cost in each store (In a mall setting lighting was 75% of A/C load IIRC) literally hundreds of thousands chain wide.

This was a lamp design brand new to the market and I had worked with the Sacramento utilities district when investigating the cost of changing over (the color of light needs to be uniform for diamonds so only a total replacement would work) and someone there nominated me to sit on a Governors committee on reducing business energy use.

So there I sat with a dozen facilities managers from very large companies like B of A - and I felt completely intimidated and out of place. Regardless of the fact that I had gone out on a limb with an untested product and had achieved good results (better as I remember than most any other), in my mind I was just some carpenter that took a gamble with the boss's money.

I'm not sure a degree would have changed that feeling, maybe that's just me, but I always like to think it would have. By the same token, I'm not sure that if I'd have had a degree I'd have been willing to take such a gamble, which of course was a bid to "get ahead."

So yea, there are other considerations involved beyond just money.
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Re: Is a college degree still worth it?

Unread postby Olaf » Fri 10 Sep 2010, 13:44:50

$this->bbcode_second_pass_quote('Keith_McClary', '[')url=http://blog.american.com/?source=patrick.net&p=19189#logo-n-tagline]If You Thought the Housing Bubble Was Bad…[/url] By Mark J. Perry
$this->bbcode_second_pass_quote('', 'c')hart illustrates a much, much bigger bubble than the real estate bubble—the “higher education bubble”—based on an annual comparison of consumer prices, median new home prices, and the Consumer Price Index series for “College Tuition and Fees”
Image


Looks like education costs started truly separating in the Reagan era. So what changed?
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Re: Is a college degree still worth it?

Unread postby Pretorian » Fri 10 Sep 2010, 15:18:30

You can study for free in Europe. Now that is likely to be worth the investment. You enroll into a medical school at 14 with a GED, enroll into US residency at 20, open your practice at 23.
Anyways , if you waste your youth for "skills" (whichever they are) they are likely to pay off, if you do that for " knowledge" then you surely waste your time, if you can read that is.
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Re: Is a college degree still worth it?

Unread postby evilgenius » Sat 11 Sep 2010, 11:25:38

It is interesting to take a look at the argument concerning the proper placement of types of people into the best sort of educational environment for them. Certain people should be in trade schools, not going to college. Other people could benefit from hybrid degrees that take only three years to complete, but don't help them to qualify for degrees beyond very much. That said, there is a lot of knocking of education for the sake of gaining knowledge and wisdom packed into much of the criticisms in this thread. Just because people who would better benefit from a trade or three year degree are often forced by societal pressure into the four year process does not mean that the four year process is flawed or demeaned in some way. It more likely points out how over administered the four year process has become. There is a lot more marketing and lobbying going on, in other words, for an increase in the obvious and previously accepted than for increases in what would better suit an increasing number of people.

Yeah, the push for practical knowledge that will more immediately allow a person to make a living is becoming increasingly important. What about aspiration, though? I'm certain that a lot of people who have four year degrees and beyond bemoan the forces that through cost increases and curriculum changes seem to be putting that beyond the reach of those who could benefit from latching hold of a degree track and not letting go. They bemoan it because having been through the process they can readily acknowledge what going to college did for their minds. Contrary to what many criticizing college seem to imply, no, you are not born with all of this knowledge in your head. No, college is not there to just confuse your better instincts. Yes, it turns out that education is a lot of work and that work is more involved than simple study. It goes to the heart of a person and brings change.

It may very well be that if a person thinks that what they learned in college is good for nothing better than a bar trivia contest, then maybe they should have gone to trade school.
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Re: Is a college degree still worth it?

Unread postby ian807 » Sat 11 Sep 2010, 15:39:08

Yes, it teaches you to think.

I know that sounds quaint, but as a person with a psychology degree who makes his living designing and writing software, I can tell you that from education you get:

1) Mental tools like math, symbolic logic, and critical thinking.

2) A base of facts, as opposed to the media and religiously based crud that passes for information in non-academic contexts.

3) A huge knowledge base of examples of what humans have done (history) and do (social anthropology) and what makes us tick (Psychobiology).

Taken together, this allows you to see patterns across different domains and manipulate information with remarkable efficiency and speed in comparison to someone of equal intelligence who doesn't have an education.
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Re: Is a college degree still worth it?

Unread postby Tanada » Sat 11 Sep 2010, 16:39:18

$this->bbcode_second_pass_quote('Xenophobe', '')$this->bbcode_second_pass_quote('Tanada', ' ')I had a great time in college but it left me with a big debt and a pointless degree.


May we ask what the degree is in?

I am an advocate of a more European style of education rather than what appears to be the American hopes of sending everyone to college, thereby reducing its value in general. My concept of education can best be described as elitist, it would fail if everyone followed my response to the original question, but works wonderfully in the context of general human psychology.


Seems how you asked nicely my course of study was education.
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Re: Is a college degree still worth it?

Unread postby Xenophobe » Sat 11 Sep 2010, 17:28:37

$this->bbcode_second_pass_quote('Tanada', '
')Seems how you asked nicely my course of study was education.


Why would you consider this a worthless degree? It seems like a prerequisite for an entry level position into teaching, which is certainly not a worthless career? Certainly undervalued here in America, but everything from substitute teaching to full time teaching should be available to someone with that type of academic training?
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Re: Is a college degree still worth it?

Unread postby Tanada » Sat 11 Sep 2010, 22:14:34

$this->bbcode_second_pass_quote('Xenophobe', '')$this->bbcode_second_pass_quote('Tanada', '
')Seems how you asked nicely my course of study was education.


Why would you consider this a worthless degree? It seems like a prerequisite for an entry level position into teaching, which is certainly not a worthless career? Certainly undervalued here in America, but everything from substitute teaching to full time teaching should be available to someone with that type of academic training?



That would all be true if I were working in the education field, however I am not.
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Re: Is a college degree still worth it?

Unread postby patience » Sun 12 Sep 2010, 16:11:23

My wife and I each have degrees, from which we learned very little of real usefulness, but they did obtain us both entry into our respective fields. That was a long time ago. Things are different now. Our two daughters each have degrees, also, neither of which gained them entry into the work they are doing, sort of like Tanada. One has degree in Chemistry, the other in Communications, but neither work in those fields. Times have changed. Today, I would not reccomend college as anything near to the Holy Grail of earning potential that it was said to be 40+ years ago.

Yes, you can learn things in college, or elsewhere, as pointed out in prior posts. Yes, for those relatively stable fields, like medicine and teaching, a degree is the ONLY way in, and can be expected to pay off. For those fields that are in a state of flux, as IT was for the past 10 years, and as alternative energy is still, there are other ways to gain entry at far less cost, and with a far more effective education.

The history of formal education is littered with producing too many, too few, or none or the needed types of graduates. The system tends to be at least 10 years behind the curve for supplying the correct numbers of personnel for any given field. This was exacerbated by the Boomer years, and has happened with teachers, engineers, MBA's and others. Now, the unemployment situation is creating another generation of lost graduates who can't find jobs, because the marketplace changed much faster than the Universities changed.

Yes, an education can teach a person to think, but does not do so on a reliable basis, as witness today's many unemployed graduates, deeply in debt, with no prospects for the immediate future. I just read that 80% of graduates move back home with Mom and Dad. This does not bode well for seeking a degree today, even less so on borrowed money.
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Re: Is a college degree still worth it?

Unread postby davep » Sun 12 Sep 2010, 16:31:53

$this->bbcode_second_pass_quote('ian807', 'Y')es, it teaches you to think.


Funny that...

I worked for four years as an International Troubleshooter for a Software Company.

When things got to me, they had been through support and R&D, so it generally wasn't a problem with our software. It tended to be problems on the network (such as mismatched auto-full settings) or problems with the database (e.g. mismatched SLQ Server MDAC settings, using base settings for Oracle RAC etc) and so on.

I went to visit these people who had postgrad qualifications, and I always found the problem. And these were some of the most prestigious companies/agencies in the world.

I never even started a degree.

My point is that if you can think, you don't need a degree to prove it.
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Re: Is a college degree still worth it?

Unread postby Ludi » Sun 12 Sep 2010, 16:37:26

It took me quite a while after university until I learned to think. And I still work hard at it every day. But I'm pretty slow..... :oops:
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