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These days, I know that isn't too uncommon... but you still have a BETTER chance of landing a "professional" job with that degree, as opposed to having only a HS diploma (or nothing). Right?
Most people with PhDs don't look for "professional jobs." They either enter academia as professors / researchers, or they perform research for governmental institutions like NASA, the Department of Education or the EPA. For-profit businesses prefer experienced employees without "too much education." If the PhD waiter wanted to enter "industry" (as academics call the "professional" world) instead of academe or gov't research, it's no wonder why he/she is stuck at a "survival job." The person may also be working as a post-doc researcher or an adjunct professor, and may be waiting tables on the side to bring in extra income.
In a hypothetical scenario, if you were given the opportunity, would you accept a full refund for your college tuition and all cost associated with it..ie tuition,books, supplies, room and board in exchange for giving up your degree?
Absolutely not, since it was crucial in obtaining every job I've held in my field (I graduated with one of those so-called "useless" art degrees, at that! )
Perhaps a partial refund. It was an expensive program, mostly because it was at a private school. But, it did open doors for me, and I do work in the general field I got the degree in, though not in the specific occupation I set out for - but I did for a time. I make ok money, but not anywhere what I anticipated I'd be making at this point. Had I gotten this same degree from a public school, I think I'd be more satisfied with my cost-of-degree-to-earnings ratio.
I must admit I constantly wrestle with the thought of going back to college/university to pursue a higher degree and a complete career change, though.
Yes, then I could use that money to pursue something that has value without the debt.
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