Re: Why Graduate Degrees Are a Rip Off: Crunching the Numbers Submitted by G.E. Miller on Thursday, 21 January 2010Why Graduate Degrees Are a Rip Off: Crunching the Numbers

 

wrote:



In this economy, no degree is worth it. Go ahead and rack up
35,000-40,000 per year for an undergrad degree (if mommy and daddy
aren't paying for it), and then see what type of job you get. I'm sure
you'll be able to pay off that quarter of million dollar loan
(basically a mortgage with no house), and still live comfortably. Yup.

And this is coming from someone who has two advanced degrees above a
bachelors. I wish I had known. But, America still "spins" the idea
that you need a college education to "make it." That's crap. Look at
our illegal alien friends, they come here, work, pool their money,
start or buy businesses, and are way ahead of us American citizens
still toiling away in schools and racking up student loans. College
education, that is so 90's.

 



Some people seem to think that unless you pay top dollar for whatever, it
isn't worth it.  I'm sure there are some schools that cost that much, and
I'm equally sure that some fields of endeavor, or some organizations,
require a degree from those schools.  But a couple of years in a community
college and two more at State U. don't cost anywhere near that much, and
depending on what you've chosen to study, can be well worth while.


Then the solution is obvious, isn't it?  It's never (well, until you're over
60 or 70 years old, maybe) to start working and start or buy a business,
etc.    You can do that whether you have a degree or not.