Success is NOT related to education!

[Exterous]

Its from 2002 :awe:

Who needs a time machine when you have the internet?

The internet also has this cool thing called Google which you can use to find more current data from acknowledged experts which shows its still a 1.97x earnings rate for 4+ year grades
http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/CollegeAdvantage.FullReport.081512.pdf

Note: It also removed most Baby Boomers from the equation.

A college education (or any education really) doesn't make you smart or more successful but can give you additional tools that allow you to achieve financial success and access to a larger job market. Its still up to you to use those tools and access

 

[alkemyst]

If you can't make it with a degree, you are going to have a lot harder time without one.

However; the main success factor is who you know. That is the #1 way to be successful.

 

[brianmanahan]

man i cant even watch that whole video, he is so over the top it is painful

 

[unokitty]

While its obvious that formal education works for many people, it is also obvious that it doesn't work for everyone.

Uno

 

[Spungo]

College is the biggest ponzi scheme out there.

That's not what a ponzi scheme is. A ponzi scheme is when new investors pay interest to the previous investors. Example: short term US debt is a ponzi scheme. The government hasn't had a budget surplus in a long time, so the interest payments on the debt are paid by the people buying new bonds.

 

[alkemyst]

That's not what a ponzi scheme is. A ponzi scheme is when new investors pay interest to the previous investors. Example: short term US debt is a ponzi scheme. The government hasn't had a budget surplus in a long time, so the interest payments on the debt are paid by the people buying new bonds.

Everytime rudeguy posts, I take a mallet to my nuts.


Thank God they are 24K.

 

[brianmanahan]

Everytime rudeguy posts, I take a mallet to my nuts.

Thank God they are 24K.

gold is actually very soft and malleable, so you are probably looking at some serious deformities by now

 

[Imaginer]

gold is actually very soft and malleable, so you are probably looking at some serious deformities by now

I think he is referencing diamond more than gold.

 

[Fenixgoon]

I think he is referencing diamond more than gold.

diamond isn't very tough, so in that case, he may have fractured them into many pieces!

 

[brianmanahan]

I think he is referencing diamond more than gold.

well that would obviously be 24ct

 

[Imaginer]

diamond isn't very tough, so in that case, he may have fractured them into many pieces!

Heh!


On topic:

Short answer opinion: I agree.

Long answer opinion: There are many, many, variables, and dynamic factors. Such as:

1. Your intended degree.
2. Your courses of selection (a degree doesn't mean a generalization that your courses are the same from one say Mechanical Engineer from another.
3. This goes out the window upon having several completed projects, initial jobs, etc. But that initial entry level college job would not be open, if you had not proven or had the base accredited knowledge.
4. High school should already prepare you for a basic societal working. Don't expect a glamorous job, but these jobs are more your labor, and common sense, and courtesy.
5. As long as you financially plan well, and have intended goals of where you want to be, then the path can be woven either way. If a path through college is not ideal (longer time/more money wise) to your goal, then clearly there is other avenues.
6. College is more of a guided education anyways. Last I checked, most teachers spoon feed you things in high school. College, there is not any of it, most of that learning effort is more upon the student taking active roles to the professor, TA's, and other students.
7. Success is not one thing. It is a flag if you have reached your intended goal.
8. I am sick, I maybe speaking out of line.

 

[alkemyst]

gold is actually very soft and malleable, so you are probably looking at some serious deformities by now

For my nuts I want malleable.

I can't believe this went from Karat to Carat.

 

[OverVolt]

The internet also has this cool thing called Google which you can use to find more current data from acknowledged experts which shows its still a 1.97x earnings rate for 4+ year grades
http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/CollegeAdvantage.FullReport.081512.pdf

Note: It also removed most Baby Boomers from the equation.

A college education (or any education really) doesn't make you smart or more successful but can give you additional tools that allow you to achieve financial success and access to a larger job market. Its still up to you to use those tools and access

In figure 7 it dropped from a high of 2.00 to 1.97 on their ratio of college to highschool earnings index, I think its a long term trend reversal to a degree. (pun intended?)

The chart stops at 2010 I'm really interested in 2010-2013 to confirm the trend reversal or not. My gut feeling on it would be its back to 1.8~ish by 2030 or something like that. Take student loans out of income and you are starting to impinge on negative territory :awe:

Going to college leads to "W2 inflation" all the major economic metrics just look at gross income but income minus loans tells the real story. The growth in college earnings vs highschool earnings has slowed down but tuition hasn't. So when will one catch the other? I don't think it'll take long at this rate.

 

[MagickMan]

Becoming educated is a reward in itself, it enriches your life in ways beyond your wallet. He does have a good point, though, shelling out huge bucks for unmarketable degrees is absurd. I love school, in fact I'm taking another course in anthropology this coming semester, but I wouldn't go in debt for it. :\

 

[yuku]

Becoming educated is a reward in itself, it enriches your life in ways beyond your wallet.

i totally agree with you. Education widen one's field of vision

 

[cuafpr]

Perhaps a better way of saying it would be to say that the student loan program enables too many people to become educated beyond their intelligence.

After all, if education worked for everyone, the student loan default rate wouldn't be increasing...

Just a thought.

Uno

spot on, society needs to learn college isn't for everyone, and that not going to college doesn't mean you failed. Add in respecting trade skill jobs again and things could turn around somewhat.

 

[brianmanahan]

i totally agree with you. Education widen one's field of vision

i only cared about a wider field of vision if that vision was going to lead to more money

 

[zerocool84]

The thing people don't understand is that if you don't go to college and get a degree, you have to work infinitely harder than someone who did to move up in this world.

 

[MagnusTheBrewer]

The thing people don't understand is that if you don't go to college and get a degree, you have to work infinitely harder than someone who did to move up in this world.

Not true. Technical and trade schools abound, are cheaper and, the schools actually help you find an employer in your field.

 

[highland145]

Not true. Technical and trade schools abound, are cheaper and, the schools actually help you find an employer in your field.

I would agree that sitting on my ass behind a desk is way easier that digging ditches and crawling under houses. It may be a different kind of stress but easier, physically.

 

[Imaginer]

i only cared about a wider field of vision if that vision was going to lead to more money for myself and my family

Fixed. If it leads to more money for a company you are leading, you need to consider other things besides adding more than you need at the time (or excess) to your bottom line, otherwise this is a very narrow minded path many complain about business doing, past and present.

In politics, economy is to ensure that all income levels are equally able to do things (work and play) without much strain. Right now, the low income class is having A LOT of strain. Soon to be middle income class with families. There is no problems as always with the wealthy, or those in power. It is also to ensure that there is a proper flow between exchanges with other countries.

 

[MagnusTheBrewer]

I would agree that sitting on my ass behind a desk is way easier that digging ditches and crawling under houses. It may be a different kind of stress but easier, physically.

Hardly the only things tech and trade schools offer. I would also argue there are just as many tech and trade school graduates sitting on their asses behind a desk as college graduates. The difference is they get to leave the cubicle more often.

 

[MagnusTheBrewer]

Fixed. If it leads to more money for a company you are leading, you need to consider other things besides adding more than you need at the time (or excess) to your bottom line, otherwise this is a very narrow minded path many complain about business doing, past and present.

In politics, economy is to ensure that all income levels are equally able to do things (work and play) without much strain. Right now, the low income class is having A LOT of strain. Soon to be middle income class with families. There is no problems as always with the wealthy, or those in power. It is also to ensure that there is a proper flow between exchanges with other countries.

You're speaking in tongues. If folks like brianmanahan were capable of having a wider viewpoint, the country wouldn't be in the poor shape it is.

 

[Kroze]

Success is not related to education?? Bullshit.

Check out zipskinny.com and look up any wealthy city in your area. Look at the percentage of that population who have a bachelor degree or higher.

Now look up any ghetto in your area or any poorer city and see how many percentage of that population have a college degree or even a high school diploma

 

[MagnusTheBrewer]

Success is not related to education?? Bullshit.

Check out zipskinny.com and look up any wealthy city in your area. Look at the percentage of that population who have a bachelor degree or higher.

Now look up any ghetto in your area or any poorer city and see how many percentage of that population have a college degree or even a high school diploma

You're confusing cause and effect. I would have thought your statistics course in college would have given you better insight to correlation.