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

[Barikui1]

In my country, their is a saying that goes like this; you must not go to school to be successful, but you have to go to school to be enlightened, education doesn't necessarily guarantee success, but it mostly enlightened you for you to be able to see things differently, but for you to be successful, you have to be able to solves people problem, by rendering service to people in what ever form.

As for me I don't see schooling as a means of being successful, I just sees it as part of the process, that enlightens you, and gives you the ability to have a clear picture of life, but as an individual, you have to have that ability to think out of the box which will definitely make a difference in your life.

[yhiaali3]

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.

This is a big problem that we suffer from here in my country and in developing countries in general. Most academic graduates who have high grades and graduate with excellent grades are unemployed due to the inability of governments to secure suitable jobs for them.

Or because of their inability to secure the resources necessary to start their own project, even though in theory they have the competence required to carry out successful projects, but they lack funding or the opportunity to obtain suitable work.
In contrast, most of those who left school at an early age and have no education have their own businesses and earn so well from them that academics would envy them.

[Princess Leah]

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.

  I think you're right, I won't advice people not to get educated cause I'll be wrong. Infact, I'm 100% in support of education be it formal or informal cause I'm fully aware of the roles it plays in our societies, it helps develope children for a better future and also increases one's opportunity to living a better life.Yes success is not measured with one's level of grade rather but by your personal development, how well you impact your society also by your persistence and consistency.

 It is also not a bad idea to gain formal education by going to college, try to get good grades and become a graduate, but it doesn't end there cause being a graduate and depending on certificate alone doesn't guarantee one to be wealthy in future, you also have to educate yourself on certain skills outside your field of study, build good relationship with people that could help you succeed, you also have to discipline yourself to live a good life and desist from habits or characters that could hinder your chances of being successful.

 Also Elon Musk was right when he said that, to be successful one has to be focused. You also need  to be good at saving and have a plan B incase the certificate doesn't fetch you a good paying job, thereby learning some skills and work on earning with it. Also, set aside goals and focus on reaching those goals and once you've achieved that the next step is to work on maintaining consistency, your income could be slow at first but steady, that's my own opinion of being a successful graduate and acquiring wealth.

[zaim7413]

For me, it is important to take the educational path so that we cannot be fooled or deceived by other people. Through education you can be more creative freely, especially in this era of very sophisticated digitalization, there are lots of jobs you can do after studying at university which makes it easier for you to accumulate wealth. There is no guarantee that graduates will have a better life with all the wealth they have and it is possible that people who have dropped out of school will be more successful than those who have graduated. The success of people who dropped out of school in being on the list of the richest people in the world indicates that university graduates are not always able to produce great people.

[arwin100]

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.

You need to know that education will not solve all your problems and it will not make you automatically wealthy since it depends on the person on how resourceful they are finding those opportunities that can help them earn a lot of money and change their life. Also there are graduates still broke because they didn't take anything seriously and they are complacent and think that opportunity is there because they are graduate and have good credentials but end up struggling when they face the reality that everything in life is so hard. There are also undergrad became so rich because they take all the opportunities that possibly give them some money whatever it takes or hardship they encounter and the result became so good to the.

But on all of this people should not think about that its not necessary to graduate since its important for a person to graduate on college since a lot of companies asking a lot from their applicants and they want college graduate since they think they are more effective. And people should think about their next action once they graduate since its really better to have a lot of option than having or taking one shot opportunity since most likely we might struggle to survive with that.

[Fivestar4everMVP]

According the question in the subject of this thread, being a graduate is not an automic ticket to a life of wealth and affluence, but rather, it serves as the key to opening the doors of opportunities that if well utilized and managed, can lead to a life of wealth.

People can be well educated, but if after school, they get their certificate, go home and dump it, then go into the street and start living of life of a gangster, such a person's education is simply but a waste, as the only thing he benefitted from it is the ability to speak and write in good English.

Education does not attract wealth, what we do with our life, time, brains and so on, is that attracts wealth to us, and some uneducated people who discover this secret most of the time also end up becoming super wealthy, hiring the educated ones to manage his or her businesses and companies for him or her.

So, for us to attract wealth, we must do what attracts wealth, being a graduate only gives us the opportunity of being ahead of those who are not graduates, or not educated.

[LogitechMouse]

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.
~

Who said this to you? He must be drunk while saying this, eh?
Why there are poor graduates? Because graduating alone isn't enough to be wealthy. Very simple.

I mean come on, there many people who are graduating yearly around the world. If graduating alone is the only requirement to be wealthy then all of us must be wealthy already. Graduating will give you a higher chance of getting a job since many companies are hiring graduates still. Graduating from college gives you a higher chance of getting hired, but it isn't the only way to be wealthy. Trust me when I say that I've seen many graduates here in our country who ended up earning way lesser than a person who didn't graduate from college. Why? Decision-making, strategies in life, financial literacy, skills, lack of mentor, lack of passion. These are just some of the reasons why it happens.

I don't want to deal too much with it, but my point is that graduating isn't enough to become wealthy. Some of the famous businessmen currently didn't graduate from college as well. I guess try to follow Robert Kiyosaki and he always says that schools are one of the biggest scammers right now because they aren't teaching their students how to handle money, and I agree with it because it came from a rich businessman like him.

In life, we need skills to survive. Graduating alone isn't enough to survive in a cruel world like this. If we want to be wealthy, let's do what the wealthy people are doing.

[Fiatless]

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.

We have to define what we mean by wealth. I don't think that being wealthy is when you have so much money to spend on luxury and pleasure. To some people to be wealthy is the ability to be able to provide what they need and also have extra to save and invest. The university is just a place to open the minds of graduates. It is a learning ground not just to get good grades and paper qualifications but to open students to innovation, creative thinking and problem-solving skills. So graduates should be able to come out of school with the ability to identify and solve problems. So every graduate should be dedicated, hardworking and persistent in his business, work or other endeavor to become wealthy.

Apart from employability skills, the university also helps to build good character. The certificate in the university is given after the students have been deemed fit in character and learning. So apart from developing skills every graduate should develop good character such as honesty, truthfulness, contentment, teamwork, accountability, etc. A good grade might give someone a job but it is a good character that can help the person sustain the job.  

[nngella]

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.

Being a graduate is not a sufficient condition in order to become wealthy, but having the cobb-douglas production function as the basis, it is one of the necessary ingredient in order to increase income.  Per the equation, labor productivity will increase the income of an individual and household.  Labor productivity is directly correlated to the educational level of the individual and household.  Hence, we can say that education is highly correlated with the income of the individual/household.

[Distinctin]

In my country, their is a saying that goes like this; you must not go to school to be successful, but you have to go to school to be enlightened, education doesn't necessarily guarantee success, but it mostly enlightened you for you to be able to see things differently, but for you to be successful, you have to be able to solves people problem, by rendering service to people in what ever form.

As for me I don't see schooling as a means of being successful, I just sees it as part of the process, that enlightens you, and gives you the ability to have a clear picture of life, but as an individual, you have to have that ability to think out of the box which will definitely make a difference in your life.

Being a degree holder will not guarantee being wealthy in the future, but it can be a stepping milestone so you can achieve your financial goals in life. Schooling is not the key, but investment is certainly the key. If you don’t open your eyes to the reality of life, you will never see progress, if you don’t invest, you will never be wealthy.

However, the process is not that easy. Sometimes getting into your wealth demands sacrifice. So you need to actually compromise what you have been used to do and start getting out from your shell. Be a risk taker and be patient, and always believe in your own skills and capabilities, they are the keys to achieve your wealth in the future.

[Y3shot]

Going to school or becoming a graduate is not a guarantee that one will be rich.  If being a graduate is what makes people to be rich every graduate would have been rich . People becomes rich for so many reasons,  and their is no particular formula to acquire wealth or to becomes rich. When you see graduate who are not rich , just know that it is not everyone that passed through school will become rich .

[boyptc]

It's not a guaranteed thing that after graduation, you'll be rich. But there's the advantage of someone graduating and going on in the job market.

The graduate person has an advantage over those other applicants that are not yet degree holders if the company prefers someone who has finished a degree.

It's all about the preference of the company if we're talking with the path of being an employee and not being rich. I knew a lot of people that didn't finished college but are successful like Mark and other those tech CEOs.

But they're all talented and more than a risk taker.

[darkangel11]

You're asking us a question by taking a statement for granted, like it's some kind of rule. No, graduating isn't a key to being wealthy, this isn't true, so the whole followup makes no sense. We don't have to prove why there are poor graduates to you, because the first part of the question is false.

Anyway, poor graduates exist exactly because graduating isn't a key to anything. It helps you get a job, but it's not a guarantee of wealth! A good example of this is a person that I know who graduated with a degree in math and immediately got a job as a teacher. That person still is a teacher after 10 years and used to earn very little and is now still earning the same shitty money. It was hard to get a degree and that degree made it easy to get a job, but that job will never make you wealthy. It's a below average pay with no way to become anything else. You start as a teacher and end up as a teacher after 40 years in the system. I also know a man who never got a degree and drove a truck. He did not even finish high school, yet he earns more as a driver than that match teacher.

[Furious 7]

The stigma about the purpose of education is to be successful is actually not wrong but its placement is sometimes less precise.
We must realize that until now the purpose of education is to make us who originally did not know to know not instantly become someone who is rich, it's just that we are always pegged that sometimes with education and certificates obtained in education is a thing that can become rich.

Indeed, it is also actually not to blame but it is less precise because education is a bridge so that we become more informed and can be used as one aspect in supporting so that we have a good economy. But on the other hand it is also not enough with education alone because if the benchmark is a certificate then until now we will not see microsoft created by Bill Gates who is rich in his own way because after all we have to be able to survive to become rich and one of the stairs to be able to get wealth is a good education so that we can become someone who is responsive and educated to assess something.
Not that those who do not know formal education and do not have educational certificates will not be successful and rich but at least there is something more that we can see and use as initial capital if we have education.

[goaldigger]

Going to school or becoming a graduate is not a guarantee that one will be rich.  If being a graduate is what makes people to be rich every graduate would have been rich . People becomes rich for so many reasons,  and their is no particular formula to acquire wealth or to becomes rich. When you see graduate who are not rich , just know that it is not everyone that passed through school will become rich .

Education plays an important role to become more successful and having your degree is not the end of your journey to success because it will still take time and you need to do a lot of work for you to become successful or even become rich. Many educated people are not that successful because of their choices in life and because of being afraid to go out of their comfort zone. There’s a lot of opportunity out there, once you are able to get your degree and your dream profession, make sure to do your best and be more inspired to reach your goal, this is not a race though and we all have the chance to become rich.

[Queentoshi]

...

I don't think that western education has ever been one of the requirements for someone to be successful because if you remember well from movies and stories before the advent and priority of western education, they have always been wealthy men in history. There are some undergraduates in school already making money and not even planning to use the certificate from what they are studying to look for job. These people just need the certificate from western education. When someone has not acquired certificates from Western School the person should not be considered a complete illiterate incapable of the getting wealthy because there are some local knowledge that can passed onwards from our fathers in the form of Education that can turn us into world demand tomorrow.

[oktana]

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,
~~~

Saying that being an employee in a company makes one a slave doesn’t mean that you should wake up tomorrow morning and go quit your job. It rather means that while you’re doing the job, have other plans. While working, you should be looking for ways to ensure that you make more money and have more control over your time. People spend up to 7 years of their life working for a company, isn’t that slavery? (they choose to be the slave). The race from poverty doesn’t mean you should keep your dream aside and put all your life building someone else’s dream.

[tabas]

Going to school or becoming a graduate is not a guarantee that one will be rich.  If being a graduate is what makes people to be rich every graduate would have been rich . People becomes rich for so many reasons,  and their is no particular formula to acquire wealth or to becomes rich. When you see graduate who are not rich , just know that it is not everyone that passed through school will become rich .

That's true, although there are many out of school youth. There are also many people that have their graduate studies but that doesn't signify that they're going to be rich and successful in life. The attitude towards to something what they do and even their work ethics is going to contribute to their future. While I believe that education is important and everyone should be entitled for that. But with students loans, graduate people are working to pay off those debt. If there's a way to eliminate that the quickest way, that should be done so that as a graduate student, you have a good start and your mind isn't set into paying those debt first because it's going to cause you stress and anxiety that might affect your encouragement into working to something you love.

[Mrbluntzy]

 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.

Yes you are correct. Education prepares an individual towards any challenging problem that they can face in the society or in the labour market. Education can make someone to become smarter. Education is not only about becoming rich, there are graduates that doesn't want to become very rich, they also don't want to be poor but want to be in the middle so that they can at satisfy their needs.  I am a student, one day me and my colleagues in school were having a debate on the reason why some people choose education. From our debate, it was concluded that most people acquire education because they want to get a job after graduation.

[Russlenat]

In my country, their is a saying that goes like this; you must not go to school to be successful, but you have to go to school to be enlightened, education doesn't necessarily guarantee success, but it mostly enlightened you for you to be able to see things differently, but for you to be successful, you have to be able to solves people problem, by rendering service to people in what ever form.

As for me I don't see schooling as a means of being successful, I just sees it as part of the process, that enlightens you, and gives you the ability to have a clear picture of life, but as an individual, you have to have that ability to think out of the box which will definitely make a difference in your life.

We can’t expect that graduates will become rich immediately. They still have to work on what they have studied from schools. While schooling cannot give them assurance to be successful in the future, but in order for one to succeed, one should gain good education and quality learning wherein schools are capable of that. But it does not mean that once you graduate, you’re bound to be rich. No. You make your own fate and destination. The great challenge here is how you will apply everything you have learned when you are still in schools.