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Author Topic: If being a graduate is the key to being wealthy, why are there poor graduates?  (Read 2105 times)
Princess Leah (OP)
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February 22, 2024, 10:06:03 PM
Last edit: February 22, 2024, 11:12:33 PM by Princess Leah
 #1

 First off, I must say that Education is very good and i don't dispute the fact that it's very vital and necessary for human development, it can put you in a position to be successful no doubt but being a graduate is not a 100% guarantee for one to be very wealthy, one can be very sound academically but lack some basic skills of acquiring wealth. Also one can still have some good knowledge of certain skills but if there's no zeal or self confidence in earning a living through it then your education on those skills can be said to be a waste since you ain't making effort to earn from it.

 Also I've heard several people complain about having good grades, being 1st class graduates but find it difficult to secure good paying jobs, imagine someone struggling to achieve good grades in the university but find it difficult to earn a living and at the end settle for minor jobs while there are many dropouts with good skillsets as well as being creative and think outside the box, and are bosses of big organisations and companies.

 Well it's not basically about being educated or graduating with the best grades that makes you wealthy, it's about determination, being consistent and also persistent cause success and wealth are not achieved in one day or immediately after graduating. In as much as you have good grades, you must still improve your skills, not only job skills, marketing or management skills but your critical thinking and problem solving skills.
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February 22, 2024, 10:28:34 PM
 #2

No, being a graduate doesn't qualify someone to be rich. It takes a lot of time to complete your graduation and but we can see so many examples of dropouts who are among the world's richest people. When we talk about dropouts we first remember the name of Bill Gates, he's a dropout but he made huge wealth because he followed his passion.

Not only Bill Gates, Mark Zuckerberg, Larry Ellison, Steve Jobs, and many dropouts have reached the highest levels of wealth in their lives. If they can achieve such levels of wealth by being dropouts then why not others? I know that there are some graduates who have made also similar levels of wealth but I don' think that someone's wealth has any relation with their graduation.

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February 22, 2024, 10:33:30 PM
 #3

Well it's not basically about being educated or graduating with the best grades that makes you wealthy, it's about determination, being consistent and also persistent cause success and wealth are not achieved in one day or immediately after graduating. In as much as you have good grades, you must still improve your skills, not only job skills, marketing or management skills but your critical thinking and problem solving skills.
Well technically yes, we have many popular and successful person as an example, the creator of facebook, even he didn't have a degree and graduated he become successful because he used his skill and knowledge in order to come up with something that could make him successful. Well technically you really can become successful or rich, if you will use your skill and knowledge or where you good at, its not necessary that you didn't graduate means you are dumb, in the end of the day the success of a person will depends on how will he manipulate his life in order to become successful.

But of course nothing's more satisfying than having a degree or graduelated, like I said if you don't want to then do what you want but make sure you can be successful, because the truth is now a days it became a norms in society that you will be looked down if you didn't have a degree or it will be hard for you to get a job because of the required degree, what I'm saying is that if you want a safe place then do your best to get a degree first but if you are confident enough that you can do better in life even without that degree then its good.

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February 22, 2024, 10:48:50 PM
 #4

Well, just like SamReomo already stated, formal education doesn't guarantee that one will become very successful and wealthy in life. Formal education can pave the way for an individual to become eligible in a way that could be of great importance in the career they choose. For example, if someone is an entrepreneur and naturally knows how to manage a start-up and has probably grown into a big business, if they take on a professional business undergraduate degree program, they could become more oriented in business and come up with more great ideas that can help them become more wealthier.

I wanted to say that most of the richest men in the world today did not become very wealthy because of formal education, but they were not illiterate either. We have seen some professors who are really very educated in terms of academics, and most of these people are not richer than some billionaires who are not professors but are world public figures. The difference is that some people love academic work dearly, so they want to study to the last degree they can acquire, while those who are very wealthy are more concerned about earning money, so they will always crack ideas that can help them explore more.

Like I said, everyone has dreams of what they want to become. Some people want to excel in academic work; they don't have too many concerns about money, while others don't need too many degrees in order to become wealthy.

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February 22, 2024, 11:01:48 PM
 #5

People say that Being a graduate is the key to being a slave and I kind of understand the point because every graduate goes out to find a job and when they find the job, they are so excited and begin their 9 to 5, and could work the job for years and still not have so much money in savings. If you think about the wealthy people in the world today, they didn’t get there by being a graduate. Being a graduate can lead you to wealth but it isn’t often the case from what I know.



 

 

 

 

 

 


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February 22, 2024, 11:31:25 PM
 #6

School is essential but most times there are people who are too carried away with their degree or certificate and they are too boost about themselves. When you rely on your certificate you get loosed and keep waiting for white scholar jobs but those who made lower credit or second class can actually rely on their skills. Skills is what keep those that doesn't have a good certificates or those who doesn't go school, that is why you see them putting more efforts to work hard to make sure their skills pays them off than their certificate since they can't use to secure a credible work or what can put food on their table.

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February 22, 2024, 11:34:17 PM
 #7

Well it's not basically about being educated or graduating with the best grades that makes you wealthy, it's about determination, being consistent and also persistent cause success and wealth are not achieved in one day or immediately after graduating.
Education gives you an advantage and makes you more likely to be rich and wealthy. There are poor graduates for many reasons like,
the system failing them, that is after school there was no good job available for them, some of them were not serious in school and because of their poor grades made themselves not eligible for good jobs. There are some poor graduates because education does not remove automatically financial indiscipline. Some graduates are poor because they have failed to keep money to build wealth when they had it.

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February 22, 2024, 11:36:01 PM
 #8

Go to college and graduate and get a bachelor's degree, then apply for a job or open a business, have a high income and can buy a luxury car and live in elite housing. That's what ordinary people think... Hihihi

even though life is not that easy, friend. Job opportunities are increasingly narrowing, business competition is getting tougher and not to mention other problems. which in the end we can see for ourselves at this time, where so many graduates are unemployed and still depend on their parents for their livelihoods. But life is about effort, not results. because good results depend on a process and the efforts we make. Improving our mindset and deepening our knowledge and skills is something we have to do, so that we will become someone who is an expert in their field. Sitting at college is an opportunity that not everyone can get, but it is a shame that some of them waste this opportunity, so that in the end when they graduate they are completely unable to take responsibility for the degree and knowledge they have obtained. Those who while studying only pursue grades and degrees, but not the knowledge they study in depth, because their goal in studying is high grades and getting a degree. So it is quite natural that many of them after graduating from college are unemployed, and are unable to create an opportunity to build a business, because in fact, what they are after is grades, which they can even deliberately behave dishonestly. in order to get high marks.

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February 22, 2024, 11:44:12 PM
 #9

having A degree with debt, offers no promises of wealth
having a degree in a skill of employable demand with debt offers no promises of wealth, but has better prospects
having a degree in a skill of employable demand without debt offers no promises of wealth, but has even better prospects
having a degree in a skill of employable demand with a skilled job waiting with debt offers some hopes of wealth, has even better prospects

having a degree in a skill of employable demand with a skilled job paying for university, has even better prospects of wealth

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February 22, 2024, 11:57:33 PM
 #10

Being a graduate does not guarantee financial success and stability. However, once you’re a graduate, rest assured that you will receive bigger opportunities than those who did not managed to finish their studies. But, opportunities won’t make you rich because it’s all on the mindset and perspective of an individual that will make him rich. One can make a lot of money, if he really wants to make a lot of money. That alone can proves that if one exerts a lot of time and efforts to reach his goals, he will definitely achieve it. But if one tends to procrastinate things and create a lot of excuses, that means he’s no longer interested to become rich in the process. What you sow is what you reap.



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February 22, 2024, 11:58:50 PM
 #11

Some of it has to do with the program that the graduate has chosen.

There are graduates that are getting a huge salary simply because their field is so specific and their niche only has a few people working on it. There are also those graduates wherein their field is oversaturated with people that's why the rates are extremely low This is why if you want to succeed by going the academic route, it's important to know if the field you want to specialize on has a lot of people already or not. If not, go for it, see if you'd like it, and stay in there for good to get the rewards eventually.

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February 23, 2024, 02:34:42 AM
 #12

It is no longer advice to wake up early, study hard, get high grades, graduate from university and you will find a suitable job that is sufficient to pay your expenses. It is advice that you can teach your children, as life has changed. We are no longer in the 1950s, where a university degree was something that guaranteed you a good life. Today’s students are studying. Master's and doctorate degrees to obtain jobs due to high competition. Either you have a specialized degree in a rare field or you have a higher degree such as a doctorate in traditional fields to be able to compete.
Earning money through academic education is a long road and requires a lot of effort and money, but it remains the easiest way if you continue to continue your studies.

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February 23, 2024, 03:14:56 AM
 #13

when everyone has bachelor degree does it still matter that we have bachelor degree? does it put us to an advantage? definitely not, thats the thing many people are in debt to pay the tuition fee for these college including poor people, that for the sake of getting degree, because the world of working nowaday being gate keep by this qualification, a degree is the bare minimum these days, definitely the saying about being a graduate is the key to being wealthy has become more and more irrelevant, soon we also gonna get oversupply of phds, does that mean getting those degree is useless? definitely not, at least it opens up opportunity for you to start out, at least you know you are qualified and already meet the minimum requirement.
its definitely a good thing to have, i've seen plenty of people that goes straight to trade school and bootcamp also regretting why they not getting a degree because certain thing mainly because despite many people saying college is all about theory but it really give a good foundation for our knowledge for us to learn in the future.

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February 23, 2024, 03:18:41 AM
 #14

People say that Being a graduate is the key to being a slave and I kind of understand the point because every graduate goes out to find a job and when they find the job, they are so excited and begin their 9 to 5, and could work the job for years and still not have so much money in savings. If you think about the wealthy people in the world today, they didn’t get there by being a graduate. Being a graduate can lead you to wealth but it isn’t often the case from what I know.
If anyone thinks that being an employee in a company means making him a slave then let him stop working and he will definitely be enslaved by his poverty, why? because if not all graduates can be successful and being wealthy then not everyone can become succesfull entrepreneurs.
There are people who do not graduate who can be successful and being wealthy, but there are many more who do not graduate and are poor and find it difficult to develop themselves, and vice versa, there are graduates who fail but many more are successful, so don't generalize one or two cases, because after all, a graduate has more value. For example, you certainly wouldn't choose a country leader who didn't graduate.
A graduate must be able to develop himself so that he can become wealthy, as well as those who are less fortunate because of the economy so cannot graduate can continue to develop themselves in different ways and ultimately become wealthy.

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February 23, 2024, 03:45:37 AM
 #15

If being a graduate is the key to being wealthy, why are there poor graduates?

Well, having a high educational attainment doesn't guarantee wealth, BUT, it could give you a better opportunity than those who did not finish college.
However, life is a continuous learning, if a non graduate decided to learn everything outside the school and continue learning consistently, he'd most likely going to succeed than those graduates who become complacent of the current job they are in.
Nowadays, there are a lot of gigs and niche online that would let you earn at the comfort of your home and sometimes, a 4 year degree may not be necessary as long as your skills are competitive enough to compete in the growing industry.
I've known a lot of people who hasn't finished college, but are earning more than those graduates who works for the government.
Education is just really a piece of paper if you stop learning after graduation. Mastering and enhancing your degree will give you more edges against the other competitors in the same field of interest.

R


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February 23, 2024, 03:59:10 AM
 #16

First of all, graduating with a degree doesn't really mean you are going to be wealthy for sure, it's a good thing if you can finish your education, and it's a good start for you when finding a job but it doesn't really mean that you are going to be a wealth person if you graduated, Its also true that having good grades doesn't really mean anything as long as passed it is still fine, I mean you could graduate with honors or cum laude but still gonna end up getting a minimum salary, probably would still depend on your experience on what salary you're going to get. So even though you have high grades most of it will not matter at all in the end.

If we going to look at millionaires nowadays we can see that they don't really carry any kind of degree and they are mostly dropouts from school, they they still find a way to be rich, In the end, it would still depends on your own determination, etc. finishing education is a good guide for you, or we could say that it is a great plan B incase you fail on something that you are doing having the degree meaning you already have the credibility that you could finish a task and your not easily going to quit, that is why employer are mostly going to hire graduates for sure since they have that kind of experience on finishing there degree.

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adaseb
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February 23, 2024, 05:05:34 AM
 #17

The reason why is because the education business is mostly profit based. They want to get the most amount of profit of tuition with the least amount of costs.

They know that everybody wants a good education and good life, so they charge a lot of money for this. Another way they make more money is to have more students.

So there is 1 program for 500 students. And eventually these 500 students will compete with one another for the same job when they graduate. And most likely only 50 jobs will be available.

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Churchillvv
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February 23, 2024, 05:22:32 AM
 #18

Education is different from being a graduate. you can be educated in diverse ways but yet not a graduate of the formal education. success is not determine with your level of grades but it only helps you to become more broad in thinking.

Most of the successful people you know where educated in a particular skill not in degrees, according Elon musk, he said the difference between you and success if focus, if you focus on one thing with 100 percent you will become more successful than using 20 per cent to focus on different things. that is the reason why this people we know to be very rich are successful because of the level of focus and  discipline they have. you must have the characteristics of success to be successful, the formal education in my own perspective isn't even helping in some areas. people work hard to graduate with good grades to come out and start begging for jobs, the first letter you write as a graduate is also I beg to apply. it had be institutionalized that way the people we admire noticed this and with the ambition of not working under anyone left the universities to achieve their dreams.

If a graduate can be focused enough to chase his or her dreams then they will be successful too.

Plaguedeath
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February 23, 2024, 07:13:56 AM
 #19

Because they don't have a good knowledge about money.

They go to school, playing together, take a student loan, go to college, working only to pay off the debts, go to party, have a girlfriend, live in luxury lifestyle, and didn't invest the money.

How they can build their wealth if they choose to enjoy their life instead of delay the instant gratification?

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Sanitough
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February 23, 2024, 07:40:26 AM
 #20

Because they don't have a good knowledge about money.

They go to school, playing together, take a student loan, go to college, working only to pay off the debts, go to party, have a girlfriend, live in luxury lifestyle, and didn't invest the money.

How they can build their wealth if they choose to enjoy their life instead of delay the instant gratification?
Makes sense. Building wealth is like sacrificing some of your wants and needs so you’ll be able to save and invest. However, there’s no wrong when you want to enjoy your life but enjoyment requires expenses, so the more you enjoy having luxuries all around, the bigger the amount you take away from your salary, in which you can use it instead to start building your wealth.

Graduates stay being poor because they chose to live with it. Because if they really aim to get away from poverty, they need to sacrifice their comfortability and endure hardship and struggles in the process, otherwise if they chose the other life instead, that means they don’t envision theirselves to get rich and wealthy.
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