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Author Topic: If being a graduate is the key to being wealthy, why are there poor graduates?  (Read 2109 times)
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February 23, 2024, 11:56:19 PM
Last edit: February 24, 2024, 12:17:13 AM by AmoreJaz
 #41

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.

Education is important in attaining someone else's ambition but your actions will tell you what are you gonna achieve in life. If you won't use your education to develop your skills to find good income, it will only stay that way. It is still on you how you will exhaust the potential of what you learned in improving your means of living. Just look at some people who only got their Bachelor's degree, and yet, they are doing good in life. Whereas, some with graduate studies are barely surviving in their day to day life. It goes to show that the education is not the ultimate basis where you go in life, but sure, it can aid you achieve things if you know how to employ it in advancing yourself in this life.

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February 24, 2024, 02:16:47 AM
 #42

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.

I agree with what you say, that education is very important even though there are some people who say that you don't have to go through education to become rich, but at least we have found a lot of knowledge that we have gained during education and this will make it easier for us to find suitable work. with the skills we have, for those who achieve success they do not go through college, of course they have gone through various learning processes outside of college which enable them to achieve success. The point is that everyone has to work hard and learn well what they will do if they want to achieve success.

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February 24, 2024, 05:43:01 AM
 #43

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.

Fair and very well said. You shouldn’t always consider everything from a financial perspective. Education makes our lives more meaningful. People with correct views have the best moral qualities, for which the person is first important and only then the desire for wealth. The world is becoming very practical, so much so that people cease to be people and value everything only in terms of money. Listen to the answers of young people if you ask them the question: What will you do for money? You will be shocked.

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February 24, 2024, 05:57:48 AM
 #44

It's like asking why people who don't smoke get lung cancer or people who smoke live to be 90 years old. It is a question of probabilities. On average the income of those with university degrees is higher than those without. Then, for those who have a degree and are poor, in most cases it is because they have chosen a degree that has little use in the marketplace. You will see few poor doctors, but don't be surprised to see philosophy graduates with little income.

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February 24, 2024, 06:30:34 AM
 #45

We need to understand one thing that graduate degree doesn't automatically qualifies you for job and it's actually skills which makes one qualify for the job and I wouldn't like to share the examples Steve Jobs or Mark Zuckerberg as even though they couldn't complete the education still they being successful but if you look at job post shared by these people for their organisation you will find they prefer graduates and









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February 24, 2024, 07:17:34 AM
 #46

Getting a graduate degree is like getting a visa. It's basically an entry point into a vast and competitive world where only the strongest survive while the weak perish. Skills plus luck matter a lot in such a world.

If your skills suck, no number of graduate degrees can help you. On the other hand, if your skills are awesome, a single graduate degree from any legit university will get the job done.

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February 24, 2024, 08:49:19 AM
 #47


 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.


That's true, There's a lot college graduates in many countries but still not that wealthy because thay didn't have a chance to explore and can show their talent. sometimes they just accept a job that is not suitable for the course they completed, there are many college graduates who if you look at it, why are they not progressing in life? it's also because of the companies that pay low wages but give a lot of workload, which is also underpaid.

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February 24, 2024, 09:09:50 AM
 #48

I believe that learning doesn't just happen within the confines of schools but also through interactions with other people, experiences, and personal efforts to understand something. There are well known successful individuals today who are dropouts and did not graduate, but that doesn't mean they didn't learn. Many of these successful people exerted effort to learn, such as having a passion for reading books and other activities. On the other hand, many students who attend school do not necessarily study or are lazy to learn. Therefore, when they finish their studies, they have acquired only a small amount of knowledge, so they won't really progress compared to some dropouts who exerted their own efforts to study and gained a wealth of knowledge, which is why they are very successful now.

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February 24, 2024, 09:21:21 AM
 #49

Having an education and the certificate that’s comes from it doesn’t guarantee one a job. While your degrees may shows you’re certified and have the necessary educational qualifications for an opening, it still may not be enough for the employer.
Most job applicants applying has the basic educational requirements needed hence the employer may decide to use other methods in his selection process which could lead to weeding out applicants with high grades.

I don’t think anyone ever said being a graduate is the key to being wealthy.
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February 24, 2024, 09:48:23 AM
 #50

Mate that's the biggest scam that the government has made people to think so they could get them to serve their country 🙄, look around how many graduates are amongst the world billionaires or control power in terms of wealth, you were very specific, you said wealth not beign rich, you can't be greater than your boss no matter how much he pays you for your job, even if you earn a million per hour, you should have in mind that your making him 10x that amount.

Now that for the rich graduates that were good enough to get a job, what about the other poor graduates that couldn't get themselves a job to achieve their dream lifestyle and what about other that haven't gotten a job, speaking relative to some poor counties which high unemployment rate, some of them has resulted to doing some road side job and hustles just to survive cause their so called government made school so compulsory then failed to provide a job for them.

Everyone needs to breakout of that mentality that getting a job or relying on the government can save us, for the past 100 years the world has been falling apart, government are owing countries some in billions other in trillions, they have also Continued to fail in keeping their promise, how can you still hope in this walk people and their falling system to save you, going to school is not bad but thinking that's the road to wealth is just like feeling cause I know how to run ill win the Olympics, go get yourself a skill, get some ideas, build connections, create a team and start building something, besides this is the only solution all our great billionaires and business men and investors all say thesame thign iys the only way the hard way. Relying g on government is trash practice

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February 24, 2024, 10:39:44 AM
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 #51

In essence, the world of education is a place to hone thinking skills, not a place to seek wealth. With the understanding and skills that have been learned becoming a tool to seek wealth in a wider environment, a diploma is not a guarantee that someone will achieve financial freedom. It all depends on yourself, interest and talent are gifts, but working hard and consistently is the key to becoming rich. Learning today feeds the future, and learning doesn't have to go through formal education which is labeled with a diploma when completed, many people are richer even though they don't have the privilege of studying until college.

The world of education sometimes forms a person like a robot, a worker with a fixed monthly salary and a bonus at the end of the year, a cycle that repeats itself until retirement. Being rich doesn't require a diploma. I remember the story of a football player who was successful without studying at a club academy, even his skills and abilities looked more elegant and were in demand by many big clubs. In my opinion, this example is very relevant regarding the relationship between being rich and having a diploma.

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February 24, 2024, 10:58:36 AM
 #52

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 the key to being wealthy but so it is not a key to be uneducated. You just have to be smart, you need to improve your social skills, improve your charisma, confidence, improve your visual, be healthy and in a good shape and most importantly, you have to dedicate yourself to particular job, master it and become one of the greatest of all time (I know I went too far).

To my mind, the problem we have is that many people go into universities to be able to get a basic office job and they don't understand that competition is very high and there are many people who are willing to study more, work more and work for less salary. I think that today there are many overeducated people and there isn't enough demand on them, except informational technologies and medicine. There is a big demand on trades jobs, for example, plumbers and electricians are on high demand but people rarely choose these professions while they make much more than people with masters and PHD degrees.

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February 24, 2024, 11:21:21 AM
 #53

Having a degree can open doors to better job opportunities & higher income potential but it’s not a guarantee of wealth. There are other things that can help the financial success of a person including personal circumstances, market conditions, job availability & individual choices. Not all degrees lead to high paying careers & some graduates may face challenges such as high student loan debt or lack of relevant skills. At the end of the day, wealth is influenced by a combination of education, skills, opportunities & personal financial management.

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February 24, 2024, 04:19:53 PM
 #54

Opportunities. In many countries, opportunities with professions and careers are lacking, most often with third world countries as we all know. Local governments aren't giving that much of support with professionals in various fields, forcing graduates to either settle with minimum wage and for those who has resources outside their country, they tend to choose working overseas for financial growth.  Qualifications are also not being met by the salary offers. In some industries, undergraduates are being chosen over graduates to lessen their salary expenses for workers which is another challenge in this discussion. Opportunities across countries aren't equal and also with circumstances.

Skillset of the graduate will also be a factor. Not only because you are a graduate of a degree, the best future will be assured already.  There will always be a competition with different professions; you have to standout among the crowd if you are seeking for success.

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February 24, 2024, 05:56:17 PM
 #55

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.
Being a graduate does not guarantee success Just as you said. But what I understand about education is that it teaches you to know the basic things that will help you in life in such a way that where ever you go, you will not find it difficult to communicate. Be it oral or written. Some place, before you could achieve anything you must at least have little knowledge about education before participating. E.g filling of form and writing of name or signing a document. But apart from that most people who are educated don't know that education is only an enlightment but they take it to be a skill and expect it to feed them. But not knowing that education is different from skill. Education and skill are supposed to work hand in hand for success to be achieved.

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.
Those people who are 1st class graduate thinks that There results will help them secure a good job after graduation. Because they have nurtured that mindset that they will get a better job after graduating from school. Not knowing that life outside school is different from life inside school. While some are just lazy hoping to get job from someone who promised them.  But if only dey could start from somewhere and wait for there time to come. Because everything in life is based on timing. If your time has not yet come, no matter how hard you try it might never work out. Another one is that most graduate work hard where it's not there destiny to get rich. Sometimes if you get a job and you have been doing it for long and nothing is coming out, there is a need to change the job otherwise you become a slave and also trapped. And you will chanell or blame your misfortunes to the government mean while there are other ways which you where the one who didn't noticed it.

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February 24, 2024, 06:18:32 PM
 #56


if college graduates have to pay for their college loans that keep growing due to their interest, they will really not be wealthy unless they get lucky employed with high-paying positions. the graduates these days also are unfortunate at this time however because the economy prevents the business from growing.  but this must depend on the kind of degree a graduate has accomplished, if they could just work independently without having to get employed by a company, it's better for them than being unemployed.

education is still necessary. It is a test of character as my grandparents would always say. you startred it, you finish it til you graduate.









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February 24, 2024, 06:29:55 PM
 #57

A degree or diploma only proves that you have attended school or college - it will not guarantee you success. Education is important because it gives us knowledge - but as others have said, it doesn't guarantee success for you.

The mindset may need to change where being an employee does not have to be the main reason they pursue education. Education is needed so that they don't get lost and become misguided - it has to be something that will support them to be creative, build a business and make money with it instead of just being an employee. To be rich you must have knowledge, ability, hard work, and be consistent in what you do – but you are not required to have a degree.

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February 24, 2024, 06:36:07 PM
 #58

The mind of a person is the driving force that expresses the personality of the industrial. It has the capacity to reveal the self. The self is the summary of an individual in the society. Therefore, education should be directed towards the cultivation of the mind that provides the access to the knowledge of the self.
But contemporary educational systems globally has failed to avail individuals the correct knowledge of the self that defines a personality. Rather, university admissions are offered to candidates without recourse to the innate potentialities that makes up the total self.
On the basis of this argument, I would explain three facts that make university graduates necessarily not a wealthy person.;
Firstly; in a capitalist society, wealth distribution among the citizens is unevenly structured. The ruling class has the sole monopoly over the distribution of wealth, even as accommodation to this social class is controlled with strict conditions.
Secondly; not all individuals created by God has the potential to be an employer of labour, at best, most persons could get to the Apex of an establishment at the management cadre, supervisors, HODs, clerks etc.
Thirdly; the current educational system, mostly in the underdeveloped climes, has failed to equip more than two third of its learner's the requisite knowledge of the realities of globalized capitalism and it's antics in respect to wealth acquisitions.
These reasons seldom make most university graduates poor and without wealth.
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February 24, 2024, 06:39:05 PM
 #59

Graduation still is a key to get involved in some specific profession like you won't get a doctors license till you get a degree. A good, technical job may make you lead a well off life but it won't make you wealthy. Jobs are good at making you survive. And as more people look for the safety of graduation, the competition increases making the job market insecure.

Wealth lies in business and investing on right places. A person doing just his job and spending the salary won't be wealthy unless he effectively manages the money.
To be wealthy, he needs to do a side business or good investment from the capital he generates. Crypto is a good and safer place to invest for short and long term future.



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February 24, 2024, 06:41:26 PM
 #60

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.

Education is important in attaining someone else's ambition but your actions will tell you what are you gonna achieve in life. If you won't use your education to develop your skills to find good income, it will only stay that way. It is still on you how you will exhaust the potential of what you learned in improving your means of living. Just look at some people who only got their Bachelor's degree, and yet, they are doing good in life. Whereas, some with graduate studies are barely surviving in their day to day life. It goes to show that the education is not the ultimate basis where you go in life, but sure, it can aid you achieve things if you know how to employ it in advancing yourself in this life.

It is the start on how you should deal with life, if you do well in school then that discipline that you have developed there can be applied in your future career. Because that's one of the principles of schools and despite that most of the things there that we learn are basic and the advanced ones are through experiences, it's important that you have to start somewhere and that's through education. At first, it comes from our parents that we should study well so that we can do everything in life after graduation which is okay. It's like a promise that we have to grant to our parents since that's all they're asking. While the others don't grant and ignores that happiness that they might see from their parents and breaks their heart through not finishing it. They are showing it on the way that they know how they can make them proud and that's through their grit and skills that they've developed for which eventually, they're using for making money.

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