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/biz/ - Business & Finance

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15597318 No.15597318 [Reply] [Original]

Any truth or pure dropout cope?

>> No.15597338

>>15597318
Those stats are from over 40s (boomers). We have no idea what the roi of a degree nowadays is

>> No.15597380

i'm about to pursue a degree at a technical college with plans to follow that up with a full degree from a university but i'm terrified that student loans are going to face crisis and my life is going to get ruined

>> No.15597972

>>15597318
Depends what you study.

Humanities or useless STEM subjects like biology = waste of time without a professional degree

Useful STEM degrees like engineering, CS = can be lucrative and worth it, but depends on the school and how much effort the person puts in.

>> No.15597996

>>15597318
Depends. College directly after High School is retarded. One loses at least 5 years of income and experience and starts in the same income range as somebody fresh from High School. College after some years of work experience, often paid by the employer on the other hand is pretty based

>> No.15598038

>>15597318
Arbitrarily defined data bins don't help.

A C student engineer can do a lot better than a phd in education, but in general its a rip off unless you go in knowing what you want d do and pursue a professional degree.

>> No.15598182
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15598182

>>15597996
Fuck yourself dad, companies aren't paying for undergraduates since the 80s. Stop using this as your excuse for being a shit parent when you're 50 and beg grandpa to help you.

Maybe stop spending money on your new aarp qualifying wife + not your kids and save some of that undeserved 6 figs to stop living paycheck to paycheck like a nigger

>> No.15598423

>>15597318
The data here is backwards. You're looking at a chart of the education level of millionaires. Obviously, those from economically advantages backgrounds are more likely to go to higher education.

What you should be looking at is the percentage of each education level that become millionaires. Or even better (because $1mil is a pretty arbitrary number), the income distribution of people at various levels of education.

>> No.15598427

>>15598182
>Dad
I'm 30 and my employer paid for my degree after I worked for him 5 years.

>> No.15598567

>>15597972
I mean assuming 10-15k a year at a state school you're probably seeing a increase in earnings potential of 20k if you enter a good field. (EE, Finance, CS, etc) so you're paying 40-60k or 2-3 years what your earnings increase is so i'd argue that it's a decent investment. however if you get a useless degree of course it's worthless