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College: 'Best Investment' or Big Risk? (The financial return for a 4-year degree may surprise you)
Smart Money ^ | 05/07/2012 | Jack Hough

Posted on 05/07/2012 2:35:03 PM PDT by SeekAndFind

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To: OldPossum

“what the hell do you want the other 85 percent to do?”

What does the 99.999999% of us who can’t shoot golf like Tiger Woods do? We make less money doing something else that the world needs. Let them get their hands dirty and learn a trade. Competent welders are in great demand. And while we are at it, let’s quit subsidizing do-nothing majors. The US is rapidly coming to the point where we can no longer afford that luxury


41 posted on 05/07/2012 6:20:23 PM PDT by beef (Who Killed Kennewick Man?)
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To: azcap
Sales is a talent, not something just anyone could do. I've always admired good sales people. They are fun to be around. On web sites that cater to sales reps posting anonymously though they give off the impression the typical sales rep never matured out of high school. Their spelling and grammar and the subjects they talk about are juvenile. The business world needs them though and they can make a lot of money. Most CEOs come out of the sales ranks.
42 posted on 05/07/2012 6:22:18 PM PDT by Reeses
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To: webstersII

here in Fl it is 40 hours cont ed every 2 years


43 posted on 05/07/2012 6:30:54 PM PDT by scottteng (Tax government employees til they quit and find something useful to do)
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To: OldPossum

“I wonder whether you might be an engineer”

Yes, 34 years in the field, and proud of it.

“All they had to do was switch majors”

No, all they have to do is learn to do something that people need. My neighbour is no intellectual giant, but he makes a pretty good living for his family doing backhoe work. And there is NOTHING wrong with that.


44 posted on 05/07/2012 6:36:07 PM PDT by beef (Who Killed Kennewick Man?)
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To: SeekAndFind
public college. Those usually cost less than private ones -- often a lot less -- and that skews returns higher.

Government schools do not cost less, they cost more when all the various taxpayer subsidies are added in. The price is cheaper, not the cost. We'd all be wealthier and better off without them.

45 posted on 05/07/2012 6:41:35 PM PDT by Reeses
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To: CodeToad
Here outside the oil patch if you are a high school dropout but can program in Java, C++, C# or any other popular computer language, which most 16 year olds can do, you can make over $100k.

A great many people find programming as complicated as learning to speak Sanskrit or boring as hell. You have to have a certain kind of mindset to program for years without your head exploding.

46 posted on 05/07/2012 6:47:04 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: truth_seeker

If you don’t know the locations of the headquarters of the major oil companies in the US, you need to get out more.


47 posted on 05/07/2012 6:49:20 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: scottteng; webstersII

“here in Fl it is 40 hours cont ed every 2 years”

Try getting a job in nursing if you haven’t worked in 3 years and all you have is your continuing ed...you won’t get an interview, let alone a job. Not in Arizona, where my RN/BSN wife is threatened with being fired every few weeks.

She’s trying to get training in a specialty so she can find work elsewhere. As a med/surg RN in Tucson, she has applied at the other hospitals and let’s just say the phone isn’t jumping off the hook...


48 posted on 05/07/2012 6:53:41 PM PDT by Mr Rogers (A conservative can't please a liberal unless he jumps in front of a bus or off of a cliff)
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To: SVTCobra03

“If you don’t know the locations of the headquarters of the major oil companies in the US, you need to get out more.”

Lighten up.

I worked in the “oil patch” and grew up in the “oil patch.”

Was hoping you were simply friendly and neighborly enough, to reveal which oil patch state or location you had in mind.

BTW a lot of the petroleum engineering work and geology work does NOT occur in the “headquarters” and some of it does NOT require a four year degree.

It occurs in field, regional offices.


49 posted on 05/07/2012 7:17:35 PM PDT by truth_seeker
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To: MNDude

No ROI, but you do get issued a Victim Card with the diploma. It can come in hand if a big, mean conservative ever expects you to accomplish something.


50 posted on 05/07/2012 7:17:35 PM PDT by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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To: Gil4
And spellcheck can come in hand handy, too, unless one correctly spells the wrong word, like I did.
51 posted on 05/07/2012 7:21:35 PM PDT by Gil4 (Sometimes it's not low self-esteem - it's just accurate self-assessment.)
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To: beef

This is going to be difficult for you to understand because it is obvious that your focus as regards education is that it is a job-training endeavor, but some people wish to acquire knowledge as regards how their civilization came to be and to get the “polish” that comes with a college education, and some add to that by acquiring useful degrees (I’m sure you would take issue) in such fields as education, economics, nursing, and the like). Granted, some study art and I’m sure that bothers the hell out of you, but then again, your focus is on the paycheck. Good, keep it there.

I have nothing more to say. Adios.


52 posted on 05/07/2012 7:28:33 PM PDT by OldPossum
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To: OldPossum

Education isn’t a useful degree. It is an indoctrination program for liberalism. The mot uneducated idiots are those claiming degrees in education.


53 posted on 05/07/2012 8:36:36 PM PDT by CodeToad
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To: MNDude

I’m just about to graduate with a major on Women’s Studies? Does anyone know what kind of ROI I might get for this degree?

Not sure about women’s studies but I did quite well majoring in men’s studies. My return on investment was absolutely wonderful after the divorce.


54 posted on 05/07/2012 8:53:09 PM PDT by Joan Kerrey
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To: SeekAndFind

Good article. College is an investment, and often not a good one. I graduated with a Chemical Engineering degree, and have spent the last 14 years wondering the food industry. Very blessed to do it.

Many aren’t that lucky. My wife has a lot of debt outstanding, and with a teachers salary that wasn’t a good investment. I know of a large number of classmates who have left the field, and still have a huge amount of debt.

The parents need to sit down and be frank with their children about schooling, their own ability, and cost.


55 posted on 05/08/2012 4:24:12 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: OldPossum

True, but if you aren’t going to get a degree that pays well, why are you at school?

That is the issue. There was an article about fashion majors working for FREE in order to get a foot in the door. Most don’t.

Why do we have that many fashion degree majors?


56 posted on 05/08/2012 4:26:26 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: OldPossum

You will probably be surprised to learn that I volunteer at my local classical music station, and I attend the theatre about once a month. I just don’t regard it as the primary thrust of civilization. This is stuff you do after the real business is taken care of. The Chinese don’t send their people over here to study art history. We need to start doing something that we can trade them for TV sets, because one of these days they are going to stop taking our IOUs.


57 posted on 05/08/2012 4:36:02 AM PDT by beef (Who Killed Kennewick Man?)
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To: MNDude
Does anyone know what kind of ROI I might get for this degree?

I think most fast food places offer a 10% discount on their food for their employees.

58 posted on 05/08/2012 4:47:47 AM PDT by Brett66 (Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
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To: skr

Ah. Thank you. And all of those years, wasted!

At this point, I’ll believe just about anything. Seriously, after 40 years in the game, I am starting to understand... a little. My son, 15 years old, is just starting. Maybe I can impart some wisdom. I have already given him words of advice from Bill Cosby. First step to understanding is to admit that you don’t understand.


59 posted on 05/09/2012 10:42:33 AM PDT by dhs12345
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To: pieceofthepuzzle

You know... that makes sense.


60 posted on 05/09/2012 10:45:56 AM PDT by dhs12345
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