This just proves the economic value of college degrees is getting worse and worse by the day.
According to long-term statistics, the average high school graduate with no further experience will make more than a bachelor's level college graduate in gross income until about 40, when the college level graduate will finally be earning and saving so much money that his 4 years of lost work experience will not be relevant any further.
Considering Millennials just entered their 40's, those statistics are going to take a dramatic turn for the worse. We're probably be going to see statistics that will suggest that college graduates will get more in gross income at 60 (which is retirement age) which invalidates the entire purpose of college. Think about how insane it is that it takes 20 years of work for a college grad to catch up with the earned income of someone who started work 4 years earlier than him.
I'm currently working in a job that requires no education beyond a competency test in the interview. The same company has jobs that require a bach AND secondary accreditation certificates... that pays less.
"Good jobs" don't exist anymore unless you make them for yourself. Which more people should, small businesses are the core of a stable economy. Your education in university could be useful in those situations, knowing tax law and planning purchasing and payment schedules. But in general wageslave real life? You get paid more to just work.
This just proves the economic value of college degrees is getting worse and worse by the day.
According to long-term statistics, the average high school graduate with no further experience will make more than a bachelor's level college graduate in gross income until about 40, when the college level graduate will finally be earning and saving so much money that his 4 years of lost work experience will not be relevant any further.
Considering Millennials just entered their 40's, those statistics are going to take a dramatic turn for the worse. We're probably be going to see statistics that will suggest that college graduates will get more in gross income at 60 (which is retirement age) which invalidates the entire purpose of college. Think about how insane it is that it takes 20 years of work for a college grad to catch up with the earned income of someone who started work 4 years earlier than him.
I'm currently working in a job that requires no education beyond a competency test in the interview. The same company has jobs that require a bach AND secondary accreditation certificates... that pays less.
"Good jobs" don't exist anymore unless you make them for yourself. Which more people should, small businesses are the core of a stable economy. Your education in university could be useful in those situations, knowing tax law and planning purchasing and payment schedules. But in general wageslave real life? You get paid more to just work.