Is a college degree really worth it or is it a scam?

Answers:1   |   LastUpdateAt:2012-10-26 09:01:02  

Question
Tim S
Asked at 2012-09-25 23:59:03
Growing up I was always told I had to get a degree of success . I heard so much that I became brainwashed and the university became an obsession . Last week I realized I was brainwashed because I will soon be a junior and my major is undecided. So I did a bit of thought and could not
Answer1snickyAnswered at 2012-10-26 08:59:49
First, you have to realize that more and more people are getting a degree. Simple supply and demand states that a degree will be worth less over time, as more and more people are getting degrees. Some sites require you to have a degree for no other reason than to demonstrate that at least to graduate. It's like saying that if you do not have a title, you're probably not smart. People who spend more time drinking it until the study can probably get a title. MedlinePlus MedlinePlus Secondly, companies are finding ways to do more with less. At some point, the only way a company will be able to increase profits is to reduce costs, or take part away from other businesses. It's much easier to cut cost of what is to grab sales away from another company. Ultimately, the need for college graduates will decline because companies can not grow their earnings other than to hire fewer people for a lower wage. MedlinePlus MedlinePlus Third, there is a reason why so many jobs are being outsourced. People in Asia are willing to do the same job we can with a salary much much much much lower. No American can compete with Asian rock bottom wages can work. MedlinePlus MedlinePlus Fourth, the universities do not care if you succeed or fail. Every year, many people will pay to go to school. The universities know that you will always have people who want a degree, so why should it matter if the school they teach you what you need to know? They are not paid based on how well they perform at work, assuming you can get one. The same education you can get today could have come 10 years ago. The universities have not bothered to keep up with the changing demands of the labor market. MedlinePlus MedlinePlus Fifth, the cost of a degree is increasingly high, but wages are stagnant at best. At some point, the cost of obtaining a degree outweigh the benefits, assuming you can find a good paying job, assuming you do not get fired, and assuming that you get into financial trouble for being irresponsible with your financial decisions . MedlinePlus MedlinePlus Sixth, people think that a degree will lead to success, but that these graduates have been successful as yet untitled? We can not turn back time to see if a person could have been successful without having a degree or not. Just look at professional athletes. Many of them have titles, but it does not take a degree to be a good athlete. They make millions of dollars, but not for the title. Watch LeBron and Kobe. Watch Miley and Bieber and Taylor Swift MedlinePlus. MedlinePlus People go to college as an investment. Investments, like the stock market, have risks. But in general, the degree is not worth the time, effort and money. You just make someone else rich.
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