Plus, underscoring something Peter Thiel said a while back — the higher education bubble isn’t about excessive optimism, but about fear: “Prestige has always been part of the equation, but he said he had expected parents to start looking for value in colleges after the 2008 financial collapse. Instead, parents have come to see the elite universities as the only way to give their children a chance at success. They feel jobs are hard to come by and companies are only going to look to hire at the elite universities.”
Law school option. Three more years of school so I can start out at $60,000 as an associate at a typical law firm, if I can even find a job. Debt: $150,000.
Med school option. Four more years of school and four of additional training so I can start out at $40,000 as a physician working for the Obamacare monstrosity doing assembly line medicine. Debt: $200,000.
Maybe I'll go into poli-sci and become a rich lobbyist....
>>, found that equally smart students had about the same earnings whether or not they went to top-tier colleges.<<
I have to go with this. When I am looking at resume’s of new candidates, I look at the degrees themselves, not so much the college (I do want to make sure it is accredited). Whether it is a Harvard or Pepperdine vs Cal State or SUNY I don’t really care (no offense to Cal State or SUNY alumnae).