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You don't need a degree to earn $90k+ a year. Unless it's charity, if you're not getting paid good money for what you are doing then it's not worth doing. In a free market, to convince someone to part with their cash you have to do something for them they value more than the money. You should spend your time maximizing this so you both can benefit. At one point this was just common knowledge. Unfortunately a lot of schools leave students incapable of thinking.
Enthusiast
They really do. But it’s a business where not all of them decided to keep up with the times.
Some schools have great professors and great curriculum that’s relevant to today’s world. Others just have corruption amongst its faculty and focus more on having its professors pushing the same material instead of actually thinking about what students are learning.
I knew folks in law school who took on 120k+ debt and thought making 55k is all they will need ever. We’re proud of it too. Sadly, they ain’t in law and struggled to get a job. Don’t know whenever happened to that kid.
Enthusiast
Exception to this would be medicine since that’s a long term investment where the demand for doctors doesn’t really change. Or if you got into an Ivy League. That still pays off.
Mostly talking about just going to an average university for the sake of it.
School pays off if you learn something that leads to a job you want to do that pays something that works for you, and if you are smart enough and good enough to keep that job. Nothing is automatic, and anyone who thinks degree--> money is missing a massive step of hard work and experience required to make that so.
Or some people just really like art.
Having a degree is a major (even if unjustified) baseline expectation to get interviewed for many decent jobs, and nearly all higher white collar jobs.
College has historically been a major driver of class mobility in the US.
PS, you're wrong if you think the medical market is stable... it's extraordinarily dynamic and complex.
Enthusiast
Absolutely. I also keep hearing liberal arts students at lower ranked universities are the most at risk for finding entry-level jobs upon graduation due to AI advancements reducing the number of these junior roles.
The importance of degrees can be very cultural. At my law school, probably half the students were immigrants or first generation. There’s a lot of pressure when a couple dozen family members are invested in your earning a degree. Even for white people, there are still a ton of kids who are the first college graduate in their family.