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Old 10-23-2011, 01:42 PM
 
Location: Dallas, TX
932 posts, read 1,748,631 times
Reputation: 730

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Quote:
Originally Posted by Verio View Post
I don't know how you can be "doing it wrong" when she has a legitimate resume and was unemployed for over a year with just her Bachelor's degree. What's your degree in? Some degrees offer easy employment and others do not. IT (or IT related degree's) guarantee employment as do nursing degrees.
Well, I would consider "doing it wrong" to be picking a degree that does not offer easy employment, especially if you then want to complain about compensation. But YMMV, maybe for some reason your wife wanted a degree that makes is harder to be employed? Seems counterproductive to me, but I'm sure people have their reasons - like those who get an art degree for art's sake. There's nothing wrong with that per se, but you can't expect to make money with it.

Your guess is partially right, I have a Management Information Systems degree, which is half technical and half business. However there are others where I work with the same job I have that don't have a technical degree at all, so it's not required. It is smiled upon, though.

Quote:
Originally Posted by Verio View Post
Way to throw everyone in to the same bucket.
It's not my fault if your wife put herself in a "bucket" that sucks more than mine in terms of compensation. In that same vein, my bucket sucks more than some buckets other people are in. But I don't blame my employer for paying me ~45k when someone in another bucket is making 75k. If it's really an issue, I'll make it my business to get into a better bucket.

Quote:
Originally Posted by Verio View Post
On the other hand, I have no degree and I'm making just under 6 figures.
You are definitely an exception, an example of someone who is "doing it exceptionally right" given that they have no degree. Most people in your "bucket" don't make anywhere near that much.
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Old 10-24-2011, 12:50 PM
 
2,721 posts, read 3,410,017 times
Reputation: 1536
Default Job Fairs and The Dominion,

College degrees and degrees of insurance in this economy. I never try to convince myself of anything except for maybe I am younger than I am. I am a realist so I haven't even been able to do that. Having stated
that let me post this.
I am very, however, sure that collegians are very sold on themselves.
The reality is that student loan debt has reached 1 trillion dollars. These are the "facts". For some this is the equivalent of the Real Estate bubble burst. It is not worth what is owed on it. People cannot find a job so they go to a two year college and then cannot find a job and now have a debt.
What the Dominion has to do with this anyway?
There are some pituitary N.B.A. cases living in the Dominion so sweat and grunts is still a part of the common denominator of wages in that community. As if I were impressed by a zip code anyway. Maybe 90210 is a better one ?
While I am sure there are no $100.00 per hour plumbers working for n.a.s.a.
the place wouldn't work without plumbers either. Somebody has to do some actual work. Govt. agencies are notoriously inefficient, that is a fact. That is because noone produces anything.
Education is great, the statistics are out there. One of the things, almost
the only thing I agree with our governor on, is that he and the Texas legislature
offer in state tuition to the children of undocumented immigrants. I have no capacity for self-deception.
That and the issue of the immunization of young girls to stave off the deadly effects of cancer from the complications of the disease I cannot recall the acronym of right now. I can always find some good in anyone,even Perry. Except maybe for Dubya.
A quote from Jim Hightowers website applies here." If you can't think
too good, don't think too much."
As a side note, two of my sons earn six figure incomes without degrees.
Phil is a licensed power power plant operator, a skill set he brought up
from the bottom of ships learned while in the navy. Along with the benefits of Ins. pension, 401k etc he has landed well in civilian life.
Anth earns 150,000 as an on set pastry chef for movie studios and also runs the Deli, with all travel expenses paid. He is going to quit to return to his studies for a chemical engineering degree however. Does this make sense? I don't know but I guess the work pace is frenetic and unrelenting. Currently they are filming "The great and powerful OZ" with Disney, in Pontiac , Michigan. I guess this is supposed to be a really big movie. They want him to go
to New Mexico next, in January, for the filming of "Iron Man (three?) but he is going to resign.
The wife has a B.S.N. and makes far less. Let's just say she is somewhat disgruntled.




Quote:
Originally Posted by majormadmax View Post
In this competitive job market, I can guarantee you that those with college degrees are having a better time surviving than those who don't. Some point out that college grads are working at Lowe's, and that is probably true but do they stop and consider that if that's the case than where is the guy/gal without a degree working?

As for professions such a plumbers, while they may charge you $100/hr I can guarantee you that is not what they are taking home every hour. Even if they own their own business, they have numerous expenses (employees, equipment, etc) that has to come out of those rates. I don't see a lot of plumbers living in the Dominion, a place who actually makes $4000/week could easily afford.

A few may try to convince themselves otherwise, but every study on labor rates shows that those with college degrees statistically make more than those without. Even the US Department of Labor knows the importance, noting that in 2009, the unemployment rate for workers with college degrees was 4.6 percent. The rate for workers without a high school diploma was 10 points higher. Also, the median weekly earnings of workers with bachelor's degrees were $1,137. This amount is 1.8 times the average amount earned by those with only a high school diploma, and 2.5 times the earnings of high school dropouts (Source).

Try as you like, but you can't argue with facts!

Cheers! M2
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Old 10-24-2011, 12:59 PM
 
1,836 posts, read 3,330,683 times
Reputation: 1735
Response to above:

But what you describe regarding your children is a fluke. I'm happy they earn a good living, but in this day and age, working your way up the ladder without an education is almost unheard of. Sure, there will always be exceptions to the rule, but would I push my child OUT of a college education? Never. Unless they showed amazing potential in the arts and wanted conservatory-style training, I'd almost certainly direct them into looking at schools as soon as they were sophomores in high school.

Student loan debt is a CHOICE. I was accepted to much better schools than Trinity for my undergrad (Cornell, regretfully, being my favorite) and made the choice to go where I had the most scholarship. I wanted to come out of university debt free (and did). Watching my family go to more prestigious schools, but get saddled with debt so young in life was not the way I wanted to go.



BN
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Old 10-24-2011, 03:08 PM
 
Location: That's pretty obvious
1,035 posts, read 2,077,439 times
Reputation: 950
Geez -- school debt is not that impossible to overcome. Live cheaply -- and in your means -- and you can pay it down. I was so poor right out of college, making starter salaries, but still paid off ALL my debts within 6 years. That should not be a factor in refusing college. On the other hand I don't think it is such a fluke that people succeed without a degree. I think it boils down to the inner talents and motivation of the individual to succeed in life, rather than a piece of paper. Does it help in certain situations -- sure, but people can make it without it too.

But it's up to the individual. I wanted to go to college because I enjoy learning and chose my degree based on the one talent I had. Would I have done it all differently in hindsight -- absolutely. Live and learn. But, it all works out in the end.

You can't dictate every decision based solely on how much it will get you. If someone wants to study Women's History, Liberal Arts or The Art of Clowns in college, so be it. That's their choice and hardly deserving of all the nasty judgment above. Sometimes you have to just go with what makes you happy...and not with what will just make you rich. Just saw a report on Steve Jobs and -- I'll paraphrase -- he said something along the lines of "You live alone and die alone and can't take any of it with you when you go."

It's the journey that matters the most, not the pot of gold at the end.

Last edited by stoneoak; 10-24-2011 at 04:23 PM..
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Old 10-24-2011, 03:17 PM
 
Location: That's pretty obvious
1,035 posts, read 2,077,439 times
Reputation: 950
and as a side note -- the people I envy the most are not the CEOs bringing home millions. I envy those who get to do what they love AND get paid for it. That is the definition of success in my book.
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Old 10-24-2011, 03:26 PM
 
Location: Dallas, TX
932 posts, read 1,748,631 times
Reputation: 730
Quote:
Originally Posted by stoneoak View Post
You can't dictate every decision based solely on how much it will get you. If someone wants to study Women's History, Liberal Arts or The Art of Clowns in college, so be it. That's their choice and hardly deserving of all the nasty judgment above. Sometimes you have to just go with what makes you happy...and not just what will make you rich.
That's fine, I have no problem with someone getting whatever kind of degree makes them happy in college. What's annoying is when they later complain that no one will pay a middle-class salary for an Art of Clowns degree. If a degree like that makes you happy, you are probably sacrificing a higher level of income down the road.

I hear people all the time lamenting that their Art of Clowns degree doesn't get them the income they want. When someone makes that complaint, they're making the argument that whatever degree made them happy should be as marketable as any other degree, just because they want it to be. Well, there are exceptions, but that's usually just not how it works. At that point I HAVE to ask "what were you expecting?"
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Old 10-24-2011, 03:29 PM
 
Location: san antonio texas
1,805 posts, read 2,183,755 times
Reputation: 623
Quote:
Originally Posted by amexicano View Post
By the way, a liberal-arts degree can actually land you pretty god jobs... you may need to go to Harvard or Dartmouth to get it, though... I have may frieds working in management consulting or investment banking who had liberal arts majors...
im not debating that.

yes, that degree or ANY degree can be used to land a good job.

however, your 'may fried' friends that youre speaking of, that are working in banking and management consulting?

theyll need a business degree or some type of accounting degree to get anywhere in those respective careers, not a lib arts degree.

but you knew that already right?
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Old 10-24-2011, 03:38 PM
 
Location: san antonio texas
1,805 posts, read 2,183,755 times
Reputation: 623
Quote:
Originally Posted by Backliteyes View Post
Uh...I have a bachelors degree only, just over 3 years experience and make mid 40s. If I was willing to jump jobs right now I could probably make 50-60k (I'm not for reasons reasons other than pay, but that will likely change in a few months). My employer also just announced that they recognize our pay is low compared with the market and they're figuring out how it will be adjusted and announce that soon.

So basically, your wife is doing it wrong somehow if someone with less education and a similar level of experience is making noticeably more.
my wife has some college under her belt(in a completely unrelated field, no degree) and makes about that if you include her health, dental and eye benefits. gets a gov't pension and 452k (401k equiv).

/id say she's doing it very wrong.
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Old 10-25-2011, 04:30 PM
 
Location: Dallas, TX
932 posts, read 1,748,631 times
Reputation: 730
Quote:
Originally Posted by DexterCat View Post
my wife has some college under her belt(in a completely unrelated field, no degree) and makes about that if you include her health, dental and eye benefits. gets a gov't pension and 452k (401k equiv).

/id say she's doing it very wrong.
I wasn't including benefits at all, it's quite a lot more in that case.
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Old 10-25-2011, 08:50 PM
 
Location: San Antonio
210 posts, read 438,014 times
Reputation: 277
I'm terrified of trying to return to work. I'm 23yo and have been working since I was 16. The last 2.5yrs though I have been a "stay at home" parent to my disabled son. He is going to a specialised daycare in Dec/Jan and I am so worried that my lack of recent employment, the fact that my employment history has been all within the UK and not the US will really go against me. I do plan to return to school once my husband finishes with his education in a few years time, but until then I plan to work wherever will hire me.. I'm just worried no one will want to hire me! I've worked in office environments doing reception/admin/payroll duties and, from what I can tell, it'll be near impossible for me to enter that career field here. 3/5 vacancies within office environments prefer people who are bilingual, which I'm just not (yet).

Sigh
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