Recently I had a friend inform me that for all dual purposes a degree is a scam. It is worthless and only amounts to the newly, somewhat educated person being in debt. It further leads to them buying fancy cars to feed their wall street egos. I pondered on this a second or two and thought it may be a viable argument. However there is so much going on for the degreed candidate that the benefits simply outweigh the risk for 95% of the people in the United States and most likely the world.
You do not need a degree to succeed ( which in itself is a subjective measure). A degree does not define you, however it is the most proven investment tool world over that has a direct “impact” on ones ability to provide for themselves and their family. It also creates a stabilizing factor. When degreed job seekers lose their jobs, they don’t stay out of work for long when compared to non degreed workers. On average they also don’t take drastic pay cuts . Gone are the days of employees staying at one company for 30 years plus. A job/work is undeniably the most likely way that the majority of the world will provide for themselves and their family. Having a degree increases a candiates chances of being hired at one of these jobs and keeping that job. The degree is today’s “union card” it simply opens up more possiblities and gives you options that you might not have had with out one. True you may not learn much that applies to your job in college; true the Crain operator that didn’t go to college makes 250K a year with out a degree, but this does not alleviate the obvious advantage the majority of degreed job seekers have on the market.
Have you ever heard that degrees are worthless because Bill Gates and Oprah didn’t need one to succeed (or to do what they are doing)? Many leave out the fact that Bill Gates has always been a genius (even when he was a kid). Winfrey put education as a priority and was deeply into her studies as a student. She attended Tennesee State University. She was short one credit for graduation before she took a job… However for all dual purposes she had the equivalent of a 4 year degree when she left (she went back a few years later and completed the degree). Many also elude to the demise of the degrees worth to support their opinion not to get a degree. Yes, that may happen one day, but put your bets on the degree!
Thoughts, Questions or Concerns are Welcome
Andy (Counsel Member)