Hacker News Reader

Well, for my own small sample of peers, those I know who took their chances in the workforce came out of the recession better than those who earned another degree (particularly if it was just 'something to do until things got better').

If you're planning to spend your life cowering, it really won't matter whether your choice is a cubicle or a classroom.

View on HN

Which recession? The last one (2002-2003) is a bad example, since many of the people who worked through it went crazy buying crap (i.e. houses, cars, granite countertops) with the flood of cheap credit that was used to "stimulate" the economy out of trouble.

I spent that period in grad school, and while I don't have houses and cars, I also have no debt. I suspect I will end up better off in the long run -- we're just not there yet.

Reply on news.ycombinator.com