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Is a college degree worth the cost? You decide.
You Tube ^ | 13 November 2012 | Peter Schiff

Posted on 11/15/2012 9:00:48 PM PST by Lorianne

video 5:04

(Excerpt) Read more at youtube.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: education
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1 posted on 11/15/2012 9:00:55 PM PST by Lorianne
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To: Lorianne

with every piercing and tattoo the odds of getting a highly paid job goes down. every toke, every dime bag, every crime... probability of a quality life drops

college can offset... a little... but not everything


2 posted on 11/15/2012 9:21:54 PM PST by sten (fighting tyranny never goes out of style)
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To: Lorianne

If you have to ask the question I think the answer is no.Take the money you were going to PISS away at any of the colleges and put it in account earning whatever measly interest you can get.The return will still be much greater than the benefit of any college degree.There will be no jobs for the foreseeable future.


3 posted on 11/15/2012 9:29:56 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Lorianne

It depends. I go to University of Florida, and tuition is cheap. I also get to use my GI Bill. Lastly, I’m going for Electrical Engineering...so I’d say yes for me.

P.S. Going to Bourbon Street is a poor sampling.


4 posted on 11/15/2012 9:32:23 PM PST by EEGator
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To: HANG THE EXPENSE

You can’t put away the Pell Grant, the GI Bill, or any scholarships you won. The answer isn’t black or white, but gray.


5 posted on 11/15/2012 9:34:26 PM PST by EEGator
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To: Lorianne

A college degree is no guarantee of a middle class life but the lack of one guarantees.... god I don’t even want to think of it.


6 posted on 11/15/2012 9:39:12 PM PST by DManA ( you)
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To: EEGator

I was talking about money the parents would be spending on their childs education.I do understand what you were talking about though.Its true, you cant.


7 posted on 11/15/2012 9:46:55 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: EEGator

I was talking about money the parents would be spending on their childs education.I do understand what you were talking about though.Its true, you cant.


8 posted on 11/15/2012 9:48:01 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: HANG THE EXPENSE

I understand. I think it’s good for kids to work a year or more typically. Some kids are highly motivated though, and should go right away. A lot of bright, motivated kids in my classes.


9 posted on 11/15/2012 10:00:58 PM PST by EEGator
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To: EEGator

I understand == I understand now


10 posted on 11/15/2012 10:03:06 PM PST by EEGator
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To: DManA

Well, I did not have a college degree for the longest time. I first went into the Army as an Infantryman. I learned a lot about motivation and discipline. I left the Army in ‘89. I did not finish my Associates until this year. Yet for the past 15 years I have made either right at, or over 6 figures. The difference is that I sought after vendor technical certifications and leveraged those into jobs and opportunities.

Hustle, determination, research and guts count for a lot more than most people are willing to give credit.


11 posted on 11/15/2012 10:05:19 PM PST by taxcontrol
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To: Lorianne

depends on what job you want to have


12 posted on 11/15/2012 10:09:45 PM PST by Nifster
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To: Lorianne

Like my grandpa used to say - thermometers have degrees too, and you know where they stick them!


13 posted on 11/15/2012 10:57:06 PM PST by zencycler
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To: EEGator

I took 2 years at Washington then transferred to Stanford. The degree/school is just a phrase on the resume. It’s the experience that counts but it is gray. My cousin who dropped out of university to enroll (mistakenly thought it was a computer class) in electrical school and he makes more than I do. Years later, he controls the contracts for the top 4 star hotels in the city.


14 posted on 11/15/2012 10:59:03 PM PST by max americana (Make the world a better place by punching a liberal in the face)
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To: taxcontrol
Hustle, determination, research and guts count for a lot more than most people are willing to give credit.

Congratulations on your hard work and doing well! The problem with youth today is that they think the college degree is all they need, losing sight of having a work ethic and building real useful knowledge. Too many kids go to college that don't belong there. Case in point, a brother-in-law of mine got a psychology degree but was never able to get a real job in the last 15 years. He's been a cellphone salesman, car salesman, and his current job is being a TSA agent. You don't need a degree for low-paying jobs. My wife has no degree but earned a six-figure salary before retiring. Determination and guts.

15 posted on 11/15/2012 11:20:11 PM PST by roadcat
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To: EEGator

Change your major.

I’ve been an IC designer at Texas Instruments for 18 years.

More than 50% of my group are Chinese nationals. Our major customers are Huawei, ZTE, and other chinese telecom companies. It’s rule, Chinese hire Chinese. You also need to speak Chinese to develop products with Chinese companies. We are also competing with Chinese design houses now which run 3 8 hour shifts of engineering. We’re working days, nights, and weekends to compete. No time for family.
Even our American competition uses Chinese manufacturing. It’s getting extremely cut-throat in all product lines. Another 25% of the group is from India.

Other notes:

If you don’t have a PhD, forget it. A Bachelor’s won’t get you in the door. A Master’s, maybe. If you don’t get an in internship, forget it. You’re at a disadvantage. And remember, internships are going to Chinese and Indians because the design jobs are moving to China and India and speaking the languages gives them an advantage.

It’s a fact. Sorry, bud.

Change to Finance.

From a fellow gator.


16 posted on 11/16/2012 12:37:24 AM PST by AlmaKing
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To: EEGator

I went to Michigan for Mechanical Engineering. Engineering isn’t Art History. Jobs are plentiful and you should be in six figures within ten years.


17 posted on 11/16/2012 2:02:57 AM PST by Mikey_1962 (Obama: The Affirmative Action President.)
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To: EEGator

I went to Michigan for Mechanical Engineering. Engineering isn’t Art History. Jobs are plentiful and you should be in six figures within ten years.


18 posted on 11/16/2012 2:03:02 AM PST by Mikey_1962 (Obama: The Affirmative Action President.)
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To: EEGator

I went to Michigan for Mechanical Engineering. Engineering isn’t Art History. Jobs are plentiful and you should be in six figures within ten years.


19 posted on 11/16/2012 2:03:02 AM PST by Mikey_1962 (Obama: The Affirmative Action President.)
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To: Lorianne

This is the era of obama, where hard work is punished, and laziness rewarded. Why try harder, you will only be penalized. After all, according to obama, “you didn’t build it”. :P


20 posted on 11/16/2012 2:30:06 AM PST by AmericanSamurai
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