Was your degree really worth it?
economist.com
economist.com
I returned to college at least 4 times. I tried and tried. I am a high performer when I'm motivated. But I have trouble sustaining momentum.
Entering college for the last time 5 years ago, my goals were: brush up on latest technology, earn CompTIA certifications. Mission accomplished. Pell Grant well-spent.
My parents are the types who don't understand non-traditional education. My father scoffs at anything that isn't accredited. But we're living in the future now. Education has been disrupted by technology and disrupted by culture.
I had straight As in grade school and a bright future. Unfortunately, my childhood wasn't as loving as I had always thought it was. I suffer from C-PTSD. I was homeless, penniless, jobless, all at once. I lost everything I owned. I've bounced back from all that, but I still visit the hospital too often.
I've worked at a steady job in the education industry for 3 years now. That's a new record for my tenure at anything. They don't require a degree. They don't even require the relevant certifications I've owned -- they make no difference in my paycheck, and they won't pay for me to earn or renew them. But we love each other, I've found a great team, I am in my niche. I'm here to stay. No degree necessary.
Same. I will say that after nearly 40 years in tech, my lack of a degree has only every hurt me during the application process and that has been only been in the last 10 years where HR bots pre-sort me out of the pile. I am at the end of my career and as such searching for new tech work isn’t a big issue because I expect my current gig to carry me through to retirement.
But because of the gatekeeping HR bots, I’d argue that folks who want to work in tech in the future should pursue and achieve a STEM degree. However outside of STEM careers, degrees are just expensive pieces of paper.
Every Harvard graduate I've ever known has been arrested, committed fraud, or worse, murder (Lookup Luke Sweetser). The first thing that comes out of all of their mouths is they went to Harvard, and pretty much that is the extent of their ability.
The university system is in shambles in the United States. I've been consulting with several, but they're entrenched in this new ideology. Many top level engineering programs are suffering by putting diversity over qualified students. Diversity is a goal we should seek, but not at the expense of the student that is produced. They're setting up many for failure, and loading them up with debt they will never be able to repay.
Spend your money wisely. You will get out of any university what you put into it.
One problem is that there are plenty of really bad state school people too. The bottom line is that if you select carefully, and don't let fancy degrees bias you, you will find some of your best people from "boring" places.
"Harvard MBAs Keep Going To Prison So Why Do They Still Rule The World?" - https://www.inc.com/dustin-mckissen/harvard-mbas-keep-going-...
People who choose to pursue majors on the basis of passions and/or quest for knowledge in a specific area without concern for the market, would need to be aware of what they are signing up for. But when you are young and not yet worldly wise, it can be a problem. Perhaps, those degrees should come with a warning label.
It would be nice if we had some sort of snappy aphorism. "Make your major your money and your minor your passion" or something.
I can vouch for the fact that people who take a brutal AY major for fun are indeed some of the most interesting people you'll ever meet.
From the article:
>> Mr Biden also promises an official list of “low-financial value” courses.
You'll see lots of personal stories in this thread. Some will say yes, some will say no, some will have no degree.
Some degrees are better than others. Some institutions are better than others.
There simply is no one-size-fits-all answer here.
Of course for someone contemplating a degree, some research and planning is a good idea. Maybe find people with your context, with your planned degree, and quiz them.
Fortunately I became proficient with computers well before I got "schooled" so I was able to eventually get a job. But employers always held my education against me, especially at startups. Why did you study that? Why did you go to graduate school?
But I never got advice encouraging me to get an EE degree as a way to get a "leg up" on SWEs. Most of the advice I got was that I was making a mistake, and should get a CS degree instead if I was interested in programming. I went ahead with the EE degree anyway, but it's never seemed to hurt me in the eyes of potential employers, at least not that I've noticed.
Can you say a little more about how employers held your education against you? I've also been asked questions about why I chose various aspects of my education and job history, but never assumed it was hurting me as long as I gave a reasonable response.
As for employers, some interviewers grilled me about my education. Others I deduced by de-emphasizing my education in my resume.
And finally, having a master degree has been extremely useful in getting visas allowing me to live in a lot of different countries over the years.
On the other hand, I was an exchange student at RIT for 6 months and I don't know if the very high tuition (40k per year nowadays? when I was there, I didn't pay the tuition, just the one in France) there would be worth it given the lower quality of education compared to what I had in France and the extremely high cost.
But I'm late 40s and now long term unemployed, wondering what I'm supposed to next. So that CS degree didn't go far. They seem to be mostly signalling now anyway, you have to have the right Brand Name attached to them for maximum effect, and I don't. And a lot of my jobs were a notch or two above garbage tier, so lacking that brand name seems kind of bad.
We absolutely need to find a better model for STEM fields. Apprenticeships shouldn't just be for blue collar.
Now this doesnt mean that everything you do for passion will set you up for success and I just lucked out in having a passion for CS/Eng that it worked out eventually. Remember back in the 90s (and even 2000s?) in Australia Eng was a field was lower on the totem pole than even Accounting! But this question was whether my degree was worth it (for me) and Id do it all over again. In fact if i could go back Id try to stay a few more years in college and be more proactive about spotting trends.
Money-wise it's been ups and downs, overall good so I guess it was worth it in that sense as well.
In Germany tertiary education rate is almost half as high as in Britain yet productivity is vastly higher. The academic system should focus on creating researchers, job training is better provided in a vocational setting. Britain and the US where you have governments write basically blank checks to students which then fund vast university bureaucracies just seem like a tax payer hazard.
My year abroad was great on a personal level, but an even bigger joke on academic level: courses were ridiculously easy to pass and I got credits for courses like “American movies retrospective” where we basically watched classic American movies in class, or for taking a few French classes when my home university’s teaching language was French.
I was studying for a bachelor in business administration.
On a bureaucratic level however, it’s been very useful: I was able to get naturalized on the basis of having studied for a degree in that country, and in the country I live in now life is much easier administratively if you have a university degree.
But for the above, any bachelor would do. Of my whole bachelor program, I can maybe think of 4–5 actually useful pieces of information I learnt and remember. The rest was a waste of time, trying to figure out how to get a pass grade despite the terrible instructor.
The money I earned and career I built had nothing to do with my degree from day 1 after graduation. Luckily public university was cheap and I didn’t incur any debt, only opportunity cost.
The article mentions France as being way cheaper, and digging the source a bit further[0], there are many other European countries that also seem to charge negligible amounts. Granted, that's for nationals, and this is likely higher for non-nationals, but I expect it to still be low enough to be worth it for US and UK citizens who'd have to pay increasingly high fees otherwise.
0: the XLS in https://www.oecd-ilibrary.org/education/annual-average-tuiti...
This is a strong case of survivorship bias. You will see the 1,000 Indian engineers every year (let's say) moving to the US, but not the other 499,000 that doesn't or cannot.
A lot of those people with foreign degrees also entered US to get a higher degree (Masters or Ph.D.), which supersedes their undergraduate education from a relatively low-prestige institution when applying for a US job.
But why can't they? Isn't that mostly a visa issue that wouldn't apply to an American who would study abroad then come back?
> A lot of those people with foreign degrees also entered US to get a higher degree (Masters or Ph.D.)
That does mean that their lower degree was recognized by the US university. Are you saying it would be less recognized by US companies?
It is. That is why the cost for international students was close to $10K per semester at my not so expensive university. Just for a master's, that is close to $40K over two years. This was ten years ago.
The costs at a high prestige university are double or triple that.
My point though, is that not all of them do. E.g. the Computer Science department of ETHZ is usually ranked in the top 10 worldwide but has low tuition fees[0]. I'm not sure what "high prestige university" means exactly, but that makes me confident that you can find a good number of universities in the top 30/40 worldwide with fees way more reasonable than that of US/UK universities.
0: https://ethz.ch/en/studies/financial/tuition-fees.html mentions 730CHF/semester
But only because I had a good enough grasp of IT/Computer Science before I went into University through a good high school. The job I have now is more generalist as opposed to specialised (e.g. programming).
Has my degree increased my opportunity to find and land the job I have now? Absolutely, as my job required a degree back then. Are employers in STEM areas now looking to employ people that don't have degrees? yes.
There is however a big challenge that Universities face, which is providing education that matches the skills required in the workforce. It can be seen as a waste to do 4 years in computer science or any other degree, to then land a job that was only relevant to a few of your courses taken.
Universities and higher education are looking to do more apprenticeship style courses when you are learning hands on during your education, like you do in a trade. Rather than doing a 4 year degree that covers a wide range of computer science/cyber/information security domains, you do a shorter course/degree that is highly focused to the jobs you want to apply for.
In particular, I was very turned off by the fact that so much of my education was done by adjunct faculty. Underpaid workers with the prospect of tenure being dangled in front of their faces for a decade. Many were very bright people, but then again, so were many of the people I worked with in industry prior to my education.
Potential students should also be aware that all of the information taught at university is available for free online. Online content also has the added benefit of being guaranteed unlike university courses, which have limited capacity. In short, don’t expect to be able to take any courses advertised in online catalogues (courses may be full or simply not taught anymore).
But in life, you compete with your peers. So you try and make as best a decision as possible to pick a career or trade for your life and in many cases, a degree helps you compete with your peers.
It’s not only about what you learn.
I did not go to a fancy school but it was enough to get me into a fascinating and successful career. Could not be happier.
Professionally? No. Almost everything I use in my jobs I learned myself. In fact I unlearned some bad habits, especially when organizing code, I developed at University, as they were negatively impacting my performance.
Personally? Yes, absolutely. But not because of the lessons in CS, but those in natural sciences. Understanding how some systems in physics and biology work, changed the way I look at world in general, and made many things more fascinating than they would otherwise be.
However, you don't need a University for that. Everyone willing to learn can grab an introductory book on cell biology and start reading.
Was it worth it?
Hell yes. And I thoroughly enjoyed the 4 years getting it. The payoff was big for me, well beyond financial returns.
My lifelong career as a software developer has absolutely nothing to do with the subject of my degree, but it set me up in ways that I would have never learned on my own.
Find some Yes And people and hang on for dear life
Another way to look at it is that, because of natural inclination and compiler training, it seems that many people in software are inclined to avoid the usually useful architectural practice of "receiver makes right" and instead find comfort in unnecessary precision and quibbling.
I for myself have benefited tremendously from my university degree.
I think academics put the blinders on, as everyone does when their own livelihood is at stake, by telling themselves, “well the degree isn’t supposed to lead to anything concrete, we are teaching how to learn, and that’s priceless.” Unfortunately when such a credential costs $200k+, this reverts the university system back to what it was originally - a finishing school for the elite, where they make connections with similar types on their way to careers in business, law, and politics.
If that weren’t the case, if degrees actually weren’t about financial return, schools would find it impossible to command the huge tuitions that they do.
If the present-day purpose of bachelor’s degrees had anything to do with teaching you wouldn’t see 40% of millennials getting college degrees. Perhaps in some semantic sense college is not “for” getting a job but only in the same sense that it’s not “for” building a social network for example. And that doesn’t change the fact that for the vast majority of people a positive financial return is exactly their calculation.
Absolutely worth it, no regrets. I've still done well for myself.
On top of that even useless degrees may occasionally help (e.g. when deciding to get certain types of job visas in the US that look at the applicant's education levels)
Prestigious qualification people are much more miss than hit in my experience, unless they’ve got the experience and maybe more interestingly, the connections, that we want.