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Thread: What's that college degree worth?

  1. #1
    Hope guides me Senior Member Hosakawa Tito's Avatar
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    Default What's that college degree worth?

    According to this article about $44. And as a companion piece, China's Army of Graduates Struggle for Good Jobs.

    Thus, China, too, learns an ultimate truth: Everyone is not above average (or, in the American iteration, Everyone can't "get ahead.") Sooner or later, no matter how much learnin' you have, society will run out of jobs requiring learnin'.

    Choose your career choice carefully boys and girls.
    "He is no fool who gives what he cannot keep to gain that which he cannot lose." *Jim Elliot*

  2. #2

    Default Re: What's that college degree worth?

    Quote Originally Posted by Hosakawa Tito View Post
    According to this article about $44. And as a companion piece, China's Army of Graduates Struggle for Good Jobs.

    Thus, China, too, learns an ultimate truth: Everyone is not above average (or, in the American iteration, Everyone can't "get ahead.") Sooner or later, no matter how much learnin' you have, society will run out of jobs requiring learnin'.

    Choose your career choice carefully boys and girls.
    I think it is disingenuous to talk bad about the worth of a college degree in country that is most definitely in its early to mid stage of industrialization, still lacking a middle class majority to fuel demand for post industrial jobs.


  3. #3
    Hope guides me Senior Member Hosakawa Tito's Avatar
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    Default Re: What's that college degree worth?

    Hehehe, you think China is the only country with this problem, heck they're the canary in the coal mine? How many recent college graduates from the Eurozone, US, UK, and Canada are finding the job market a bit tight? Certainly, some of them post here.
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  4. #4

    Default Re: What's that college degree worth?

    Quote Originally Posted by Hosakawa Tito View Post
    Hehehe, you think China is the only country with this problem, heck they're the canary in the coal mine? How many recent college graduates from the Eurozone, US, UK, and Canada are finding the job market a bit tight? Certainly, some of them post here.
    So you are saying that because we have an economy under performing and there is an unusual amount of increased job competition for undergrad required jobs, that suddenly evened out the college and high school only grads even though before the crash, undergrads were making an extra $20,000 a year in average over high school grads?

    Lol, job market tight. Talk to detroit workers and then tell me how undergrad workers have been struggling. College educated workers are at 5% unemployment compared with 9.5% nationally. Idk, why people always try to justify not having more education. Is it too expensive? Oh yeah, it should not be where it is in price. Is it worth it? Always.


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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: What's that college degree worth?

    Also depends on the degree you took. For useless degrees, it isn't worth anything, but for the important ones, there are always jobs.
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    Ranting madman of the .org Senior Member Fly Shoot Champion, Helicopter Champion, Pedestrian Killer Champion, Sharpshooter Champion, NFS Underground Champion Rhyfelwyr's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by a completely inoffensive name View Post
    I think it is disingenuous to talk bad about the worth of a college degree in country that is most definitely in its early to mid stage of industrialization, still lacking a middle class majority to fuel demand for post industrial jobs.
    Yep, when China pushed the education thing we in the west were all so impressed, we seem to think they are immune from having the same problems we do. At the end of the day if you don't have the grassroots development in society and the economy, such measures will always be artificial, and can't last.
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  7. #7

    Default Re: What's that college degree worth?

    Actually in China the issue as portrayed by the article is that jobs might exist but require social connections to get. So moving to get a job is essentially self-defeating, and the only real option would be for these people to create their own jobs/start enterprises locally.

    In America the issue is different. Often, programmes simply are not very good or even adequate. There are top education programmes in the states, but there are also utter rubbish ones. See the negative connotation attached to CS degrees for an example. As a result a generic degree doesn't really count for much.
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    Arena Senior Member Crazed Rabbit's Avatar
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    Default Re: What's that college degree worth?

    I'm happy with the return on my college degree.

    It should be noted that even with an engineering degree and experience, it can still be tough to find a job.

    CR
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    Hope guides me Senior Member Hosakawa Tito's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by a completely inoffensive name View Post
    So you are saying that because we have an economy under performing and there is an unusual amount of increased job competition for undergrad required jobs, that suddenly evened out the college and high school only grads even though before the crash, undergrads were making an extra $20,000 a year in average over high school grads?

    Lol, job market tight. Talk to detroit workers and then tell me how undergrad workers have been struggling. College educated workers are at 5% unemployment compared with 9.5% nationally. Idk, why people always try to justify not having more education. Is it too expensive? Oh yeah, it should not be where it is in price. Is it worth it? Always.
    Ahh, but are the recently graduated college educated workers that are employed actually working in their chosen field of study let alone making enough to pay off their expensive loans? Not necessarily. That's why I said "choose wisely".
    Quote Originally Posted by Beskar View Post
    Also depends on the degree you took. For useless degrees, it isn't worth anything, but for the important ones, there are always jobs.
    Yes, but not everyone is a Rhodes Scholar. The hot career choices of today can & do change tomorrow.
    Quote Originally Posted by Crazed Rabbit View Post
    I'm happy with the return on my college degree.

    It should be noted that even with an engineering degree and experience, it can still be tough to find a job.

    CR
    Good for you CR. Here's another article that not only illustrates my point, but demonstrates the can do spirit it takes in this tough economic climate.
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    One of the Undutchables Member The Stranger's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Beskar View Post
    Also depends on the degree you took. For useless degrees, it isn't worth anything, but for the important ones, there are always jobs.
    what would qualify for a useless degree???

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    Member Member Hax's Avatar
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    Default Re: What's that college degree worth?

    Choose your career choice carefully boys and girls.
    I'm going to study Chinese language and culture, sir, so I can help Chinese graduates that experience post-graduation stress! And apparently, there are a lot of them!
    This space intentionally left blank.

  12. #12

    Default Re: What's that college degree worth?

    Quote Originally Posted by Hosakawa Tito View Post
    Ahh, but are the recently graduated college educated workers that are employed actually working in their chosen field of study let alone making enough to pay off their expensive loans? Not necessarily. That's why I said "choose wisely".
    At least they have jobs. Like I said, only 5% of undergrads are unemployed compared to 9.5% nationally. They get chosen over less educated people for jobs they were not even trained for and when the economy bounces back they will regain their income advantage over high school grads. Again, idk why you are trying to make this whole thing into a point that education=rip off.


  13. #13

    Default Re: What's that college degree worth?

    Quote Originally Posted by The Stranger View Post
    what would qualify for a useless degree???

    Communications, theatre, psychology, philosophy, art, and African-American studies are all big wastes of time and money , known as joke degrees at my school. They allow you to party for four years and still at least have a degree to show for it at the end of the day. Colleges will allow you to buy a degree in just about anything you want.

  14. #14
    Senior Member Senior Member Reenk Roink's Avatar
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    Default Re: What's that college degree worth?

    If you are looking for the most money and job security, med school, law school, b-school. Obviously you will pay a ton of money, but it is worth the investment if you're good enough.

    Next there is engineering in general - obviously some are in more demand than others. Again, you have to be good. I've noticed quite a few Engineering kids with grey hairs.

    Math majors are pretty good, though I'd recommend something like a double major with some engineering field or a math minor.

    Then consider a major in the sciences. Again there is a gradation. Physics is boss, them Chemistry/Biology. Once you start going down to Neuroscience and Psychology... yeah... It gets worse when you go to social sciences. Say you are really interested in astronomy. Rather than take a major in astronomy/astrophysics, just get a general physics major and take a lot of astro classes.

    If you are really interested in some humanities major, but also want a good job, well then you should be good enough and passionate enough to get a PHD.

    Given the nature of this forum, I know a lot of people are interested in history and consider being history majors. I did myself. The thing is, I still like history, but I have found that I can pursue my interest in history on my own terms. Think about it, you have access to online databases and huge libraries. Go and research whatever you want on your own time, without needing to declare a major! I must have checked out almost every damn book on the Punic Wars though I never took a class related to the period.

    Finally, if you are a person who has no pressing need to get a job out of school, then study whatever you want at your leisure, you are one of the lucky ones.

  15. #15

    Default Re: What's that college degree worth?

    Quote Originally Posted by Reenk Roink View Post
    If you are looking for the most money and job security, med school, law school, b-school. Obviously you will pay a ton of money, but it is worth the investment if you're good enough.

    Next there is engineering in general - obviously some are in more demand than others. Again, you have to be good. I've noticed quite a few Engineering kids with grey hairs.

    Math majors are pretty good, though I'd recommend something like a double major with some engineering field or a math minor.

    Then consider a major in the sciences. Again there is a gradation. Physics is boss, them Chemistry/Biology. Once you start going down to Neuroscience and Psychology... yeah... It gets worse when you go to social sciences. Say you are really interested in astronomy. Rather than take a major in astronomy/astrophysics, just get a general physics major and take a lot of astro classes.

    If you are really interested in some humanities major, but also want a good job, well then you should be good enough and passionate enough to get a PHD.

    Given the nature of this forum, I know a lot of people are interested in history and consider being history majors. I did myself. The thing is, I still like history, but I have found that I can pursue my interest in history on my own terms. Think about it, you have access to online databases and huge libraries. Go and research whatever you want on your own time, without needing to declare a major! I must have checked out almost every damn book on the Punic Wars though I never took a class related to the period.

    Finally, if you are a person who has no pressing need to get a job out of school, then study whatever you want at your leisure, you are one of the lucky ones.
    Math majors hold up on their own as well as any engineering or med school or law school degree. If you have a math degree and you are having trouble finding a job, the problem is probably you.


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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by PanzerJaeger View Post
    Communications, theatre, psychology, philosophy, art, and African-American studies are all big wastes of time and money , known as joke degrees at my school. They allow you to party for four years and still at least have a degree to show for it at the end of the day. Colleges will allow you to buy a degree in just about anything you want.
    Wrong. Psychologists are highly demanded in the mental health profession, they are also demanded in Business and other environments. Psychology is a Science with strict scientific procedure, statistics, and a range of analytic tools.

    "Psychology-Lite" courses on the other hand, are junk.


    As for Useless degrees, they are courses with no career options or choices afterwords. A Psychology student can end up working as a Clinical Psychologist. An Architect will obviously be an architect. Getting a Medical Science degree will give you access to many options in the field of medicine. Computer Science (you can guess).

    What does African-American studies get you a career in? What does Philosophy get you a career in? What does the Lady Gaga Sociology course get you a career in?
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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by a completely inoffensive name View Post
    Math majors hold up on their own as well as any engineering or med school or law school degree. If you have a math degree and you are having trouble finding a job, the problem is probably you.
    Actually, it is because there isn't any "Maths" careers outside of being a Maths teacher. Engineers do engineer courses, Physics-related do physics. Accountants do accounting degrees. There is a big situation in the UK where people with Maths degrees cannot get a good job because there is no career paths open for them.
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  18. #18
    Senior Member Senior Member Ser Clegane's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Beskar View Post
    Actually, it is because there isn't any "Maths" careers outside of being a Maths teacher. Engineers do engineer courses, Physics-related do physics. Accountants do accounting degrees. There is a big situation in the UK where people with Maths degrees cannot get a good job because there is no career paths open for them.
    That is very strange - usually e.g. banks, insurance companies and other finance related businesses offer quite a lot of jobs for people with a maths degree.
    Last edited by Ser Clegane; 12-13-2010 at 16:22.

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    Bureaucratically Efficient Senior Member TinCow's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by PanzerJaeger View Post
    Communications, theatre, psychology, philosophy, art, and African-American studies are all big wastes of time and money , known as joke degrees at my school. They allow you to party for four years and still at least have a degree to show for it at the end of the day. Colleges will allow you to buy a degree in just about anything you want.
    The truth of this statement depends on what the person does with the degree. Communications majors have an advantage going into journalism, so if that's your chosen field, then that's a good major to take. Theatre is useful if you want to be involved in the entertainment business. Psychology is a major plus if you plan on becoming a licensed therapist or getting a MD or PhD in that field. Philosophy is a joke on its own, but it's a good start for law school as well as for careers in education. Art and African-American Studies... well... yeah, kind of useless, but if you get good grades and plan on getting a graduate degree, you can still get by with those.

    Like I said, it's all about what you plan on doing. An engineering degree is useless if you want to own a cupcake shop. It's all a question of focusing your education towards a specific goal.


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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Ser Clegane View Post
    That is very strange - usually e.g. banks, insurance companies and other finance related businesses offer quite a lot of jobs for people with a maths degree.
    I don't know why... However, they do have one of the highest earnings over a lifetime though, if they do get employed.
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  21. #21
    Needs more flowers Moderator drone's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Ser Clegane View Post
    That is very strange - usually e.g. banks, insurance companies and other finance related businesses offer quite a lot of jobs for people with a maths degree.
    A mathematics degree is also desired for some computer jobs. Statistics, probability, and algorithm knowledge are all highly desired fields for software engineering.
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    RIP Tosa, my trolling end now Senior Member Devastatin Dave's Avatar
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    Default Re: What's that college degree worth?

    No college degree for me. I make double the money my wife makes and she's a structural engineer. You just have to get the inside track on things and know the right people. But the Air Force did open the doors for me mostly....
    RIP Tosa

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    TexMec Senior Member Louis VI the Fat's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Dave
    I make double the money my wife makes and she's a structural engineer.
    Yes, well I told her that somebody with an engineering degree shouldn't seek a career as exotic dancer.
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  24. #24
    RIP Tosa, my trolling end now Senior Member Devastatin Dave's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Louis VI the Fat View Post
    Yes, well I told her that somebody with an engineering degree shouldn't seek a career as exotic dancer.
    But she's really good at it...
    Actually many of those dancer "working for college" make very good money. If I wasn't afraid of tripping over my unusually large penis while on stage, I'd consider a career change....
    RIP Tosa

  25. #25

    Default Re: What's that college degree worth?

    Quote Originally Posted by Beskar View Post
    Actually, it is because there isn't any "Maths" careers outside of being a Maths teacher. Engineers do engineer courses, Physics-related do physics. Accountants do accounting degrees. There is a big situation in the UK where people with Maths degrees cannot get a good job because there is no career paths open for them.
    That doesn't make sense. Mathematicians are literally a master of all trades. Economics, business planning, teaching, cryptology, pure research, engineering, computer science, any and all kinds of sciences are open to you. You will not be planning the building yourself but engineering is a great place for mathematicians to come in, double check the work or quite possibly do the work, supplementing an engineer who has too many projects on his table. No, quite frankly any job where math is used to a high degree, math majors can compete and succeed in.


  26. #26
    Praefectus Fabrum Senior Member Anime BlackJack Champion, Flash Poker Champion, Word Up Champion, Shape Game Champion, Snake Shooter Champion, Fishwater Challenge Champion, Rocket Racer MX Champion, Jukebox Hero Champion, My House Is Bigger Than Your House Champion, Funky Pong Champion, Cutie Quake Champion, Fling The Cow Champion, Tiger Punch Champion, Virus Champion, Solitaire Champion, Worm Race Champion, Rope Walker Champion, Penguin Pass Champion, Skate Park Champion, Watch Out Champion, Lawn Pac Champion, Weapons Of Mass Destruction Champion, Skate Boarder Champion, Lane Bowling Champion, Bugz Champion, Makai Grand Prix 2 Champion, White Van Man Champion, Parachute Panic Champion, BlackJack Champion, Stans Ski Jumping Champion, Smaugs Treasure Champion, Sofa Longjump Champion Seamus Fermanagh's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Devastatin Dave View Post
    But she's really good at it...
    Actually many of those dancer "working for college" make very good money. If I wasn't afraid of tripping over my unusually large penis while on stage, I'd consider a career change....
    A rapidly changing center of gravity can make balance difficult. On the other hand, if you were to take the necessary steps to insure that your tugidity level were constant, you would have a predictable center of mass -- and be able to boogie -- despite your....personal abnormality.
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  27. #27
    Senior Member Senior Member naut's Avatar
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    Default Re: What's that college degree worth?

    Caveat emptor.
    #Hillary4prism

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    Old Town Road Senior Member Strike For The South's Avatar
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    Default Re: What's that college degree worth?

    90% of the Chineese students I work/interact with are quite simply, socially stunted.

    You need to be able to charm people
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  29. #29
    RIP Tosa, my trolling end now Senior Member Devastatin Dave's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Seamus Fermanagh View Post
    A rapidly changing center of gravity can make balance difficult. On the other hand, if you were to take the necessary steps to insure that your tugidity level were constant, you would have a predictable center of mass -- and be able to boogie -- despite your....personal abnormality.
    So, there... is ... hope? Thank you Seamus, thank you. You have no idea the pains I have suffered with the affliction of my abdnormally large penis.
    RIP Tosa

  30. #30
    Liar and Trickster Senior Member Andres's Avatar
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    Default Re: What's that college degree worth?

    Quote Originally Posted by Devastatin Dave View Post
    Actually many of those dancer "working for college" make very good money. If I wasn't afraid of tripping over my unusually large penis while on stage, I'd consider a career change....
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