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Author Topic: If being a graduate is the key to being wealthy, why are there poor graduates?  (Read 2107 times)
Lanatsa
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February 29, 2024, 12:41:40 PM
 #121

Because being a graduate is not the key to being wealthy? Majority of the richest people in the world did not even finish college, and the ones who did usually did not finish anything major neither. Education teaches you how to be a great worker, not how to be a great business owner, it doesn't teach you how to lead, it teaches you how to follow. That is why education exists, to give you a guaranteed path, and if you follow it, you will find a good decent job and live a mediocre life.

If you do not study though, you could technically be like Mark Zuckerberg, or you could be the homeless guy around the corner as well, who knows. People study, to have a certain minimum, but it doesn't give you a key to wealth at all, that's not even the purpose of it.
I think many people have misinterpreted the true meaning of education. Education is not to make someone rich, but education is a process for someone to expand or deepen their knowledge. It may be possible to become rich by pursuing higher education, but it is one of the thousands of paths available and I think it depends on the person.
I see many people who pursue higher education just for the degree, while their knowledge does not increase at all because they prefer to be outside the classroom when there are subjects/courses. But can we condemn them to never be rich? I don't think so. There are also those who are very diligent, but will that guarantee they will be rich? Not really. Once again I would say it depends on how hard the person works and dares to take risks.
Not literally rich in terms of money but it would be rich in terms of knowledge on which this is something that you would really be able to make use on your future endeavors. It is really just that wrong to have that kind of assumption that you would really be that getting rich already once you have finished studies. Just like on what said above that this is really just that the first step of your journey. Although it
wouldnt really be that easy but it doesnt mean that it would be impossible for someone to be able to achieve. It would really just that matter on how well you do make up those decisions and choices
in regarding on the things that you are dealing with, plus a little bit mix of luck on which this is something that relevant too.

This is why if you do have plans on making yourself that wealthy then it would be just that right that you would really be needing to take actions and be wise too.
If you do see that getting a job despite of a college graduate, then try other fields on which you could really be able to utilize your skills and knowledge.
Try and try until you succeed.

R


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February 29, 2024, 04:40:25 PM
 #122

Because being a graduate is not the key to being wealthy? Majority of the richest people in the world did not even finish college, and the ones who did usually did not finish anything major neither. Education teaches you how to be a great worker, not how to be a great business owner, it doesn't teach you how to lead, it teaches you how to follow. That is why education exists, to give you a guaranteed path, and if you follow it, you will find a good decent job and live a mediocre life.

If you do not study though, you could technically be like Mark Zuckerberg, or you could be the homeless guy around the corner as well, who knows. People study, to have a certain minimum, but it doesn't give you a key to wealth at all, that's not even the purpose of it.
Diplomas aren't on all millionaires' walls. To argue education merely creates followers, not leaders? Quite a narrow view. Education is about critical thinking, problem-solving, and learning to learn, not just memorizing facts. Leaders and innovators use these

Think about it: Wealth isn't just about starting a billion-dollar business. It's also about savvy investments, market comprehension, and financial planning, which schooling can teach. The idea that education leads to mediocrity is antiquated. It's not the only way to succeed, but ignoring it? This is aggressive and shortsighted

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February 29, 2024, 04:51:13 PM
 #123

I think having a degree is just having one step ahead with someone who does not have. There are different factors to consider. And sometimes, people start from humble beginnings due to their hard work and perseverance has a higher chance to get the bountiful life ahead

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February 29, 2024, 04:53:44 PM
 #124

How many of the actual graduates hold the knowledge of what they are graduated? They just learn something in a top college public colleges to get a job then just sit in their comfort until they retire but one who is rich now worked their Ass to get into this stage and only they know how much struggled to get here and importantly they found a solution to the existing problem in the society that can be monetized is the most efficient way to make quick money.









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February 29, 2024, 06:41:28 PM
 #125

Education is valuable, but it's not the sole determinant of wealth so being a graduate doesn't guarantee wealth as wealth can be achieved through various path like, investment and entrepreneurship, If you are fortunate to secure a job after graduation then that's just luck and connection. I believe that being a graduate only shapes and molds you to present yourself positively and guides your path as most wealthy men in the world today like mark Zuckerberg were school dropouts, but the little education he had helped and molded his mindset to become whom he is today.

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February 29, 2024, 06:49:12 PM
 #126

Going to school and being a graduate doesn't guarantees you success it only equips you with the knowledge and skills to be able to strive to achieve success but yet doesn't guarantee you might end up achieving the success you strive for eventually. We all have seen many graduates that steived hard but still ended up average or poor. The only thing that school guarantees us is knowledge, knowledge to know your right and where it starts and end, which is why a highly literate society is usually a peaceful society to live in unlike a highly illiterate populated societies.
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February 29, 2024, 07:14:27 PM
 #127

There are so many people out there who are fighting tooth and nail to get a degree and become graduates, there are even quite a few parents who are struggling to find money to send their children to college, in the hope of becoming graduates. And one day they will will graduate, the child can get his family out of the shackles of poverty. However, what the child is looking for is not knowledge, but rather a degree and a piece of paper which will later be used to fulfill the requirements for applying for a job. In reality, after graduating, being able to immediately get a decent job is just a daydream. because the diploma you get is only proof that you have attended school, but it doesn't mean you have studied and understood the knowledge. Meanwhile, what a company needs is not just a piece of paper, but also the abilities and skills that you have. And this is why many of them have graduated from college but never achieved success.

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February 29, 2024, 08:18:26 PM
 #128

Education is valuable, but it's not the sole determinant of wealth so being a graduate doesn't guarantee wealth as wealth can be achieved through various path like, investment and entrepreneurship, If you are fortunate to secure a job after graduation then that's just luck and connection. I believe that being a graduate only shapes and molds you to present yourself positively and guides your path as most wealthy men in the world today like mark Zuckerberg were school dropouts, but the little education he had helped and molded his mindset to become whom he is today.
A lot of people still depend on education to be successful and if we still have that mindset then we have made serious mistakes still believing that education is the key, the world is now driven by so many things to be able to make, then people give so much belief to education but not anymore, is it that the number of people that are educated are too much because still wondering what is the reason that education is losing its value, and people have been encouraging over time to have a skill even when you go to school but people think that education is for broke people, and people with skill are the one getting jobs. because those that when to school are still finding it difficult to get a job.  and it should either be a skill or an investment plan for every youth these days it is difficult for you to just graduate and secure a job instantly. you want to survive after school you start making plans.

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February 29, 2024, 08:45:48 PM
Merited by The Sceptical Chymist (3)
 #129

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
Many graduates today struggle to support themselves because they can't find jobs, even though they graduated with good grades. In the past in my country, graduating from university used to guarantee job opportunities, but those days are gone. Now, the job market is more competitive, and many qualified graduates find themselves unable to secure employment. This shift has left many feeling disillusioned and frustrated as they navigate a challenging job search landscape that doesn't always reward academic achievement with career prospects.

Also I've heard several people complain about having good grades, being 1st class graduates but find it difficult to secure good paying jobs
In today's job market, some first-class graduates are encountering challenges in securing employment. However, I believe the difficulty in finding a job despite having good grades largely depends on the profession one chooses. Certain fields offer more job security and opportunities for those who excel academically. For instance, professions like nursing or medicine typically have high demand, and graduates with excellent grades in these fields may find it easier to secure employment compared to those in other disciplines. While job availability varies across industries and regions, studying courses with high demand and graduating with distinction can enhance one's prospects in the competitive job market, providing a pathway to success despite prevailing challenges.

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February 29, 2024, 08:45:52 PM
 #130

Education is valuable, but it's not the sole determinant of wealth so being a graduate doesn't guarantee wealth as wealth can be achieved through various path like, investment and entrepreneurship, If you are fortunate to secure a job after graduation then that's just luck and connection. I believe that being a graduate only shapes and molds you to present yourself positively and guides your path as most wealthy men in the world today like mark Zuckerberg were school dropouts, but the little education he had helped and molded his mindset to become whom he is today.
A lot of people still depend on education to be successful and if we still have that mindset then we have made serious mistakes still believing that education is the key, the world is now driven by so many things to be able to make, then people give so much belief to education but not anymore, is it that the number of people that are educated are too much because still wondering what is the reason that education is losing its value, and people have been encouraging over time to have a skill even when you go to school but people think that education is for broke people, and people with skill are the one getting jobs. because those that when to school are still finding it difficult to get a job.  and it should either be a skill or an investment plan for every youth these days it is difficult for you to just graduate and secure a job instantly. you want to survive after school you start making plans.
I wouldn't say that education is losing its value bro, graphic designers and the rest of them still needs a little bit of education to deliver their skill, even Satoshi himself is literate because an illiterate couldn't have been able to create what we all enjoy today. Education is not a key way to success but it has its value and impact on us, in a world that technology is taking over we all need a little bit of education to pave through.

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February 29, 2024, 11:53:36 PM
 #131

How many of the actual graduates hold the knowledge of what they are graduated? They just learn something in a top college public colleges to get a job then just sit in their comfort until they retire but one who is rich now worked their Ass to get into this stage and only they know how much struggled to get here and importantly they found a solution to the existing problem in the society that can be monetized is the most efficient way to make quick money.
Of course, you can’t make money and get rich if you don’t work hard for it and even struggle. There’s no shortcuts to succeed, everything is paid with hardwork and perseverance at first. And even graduates are not an exception. They should still consistently apply the theories they have learned in their colleges, and if they excel to that and manage to make extra efforts, then being financially successful in the long run will always be possible.

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jrrsparkles
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March 01, 2024, 01:30:23 AM
 #132

How many of the actual graduates hold the knowledge of what they are graduated? They just learn something in a top college public colleges to get a job then just sit in their comfort until they retire but one who is rich now worked their Ass to get into this stage and only they know how much struggled to get here and importantly they found a solution to the existing problem in the society that can be monetized is the most efficient way to make quick money.
Of course, you can’t make money and get rich if you don’t work hard for it and even struggle. There’s no shortcuts to succeed, everything is paid with hardwork and perseverance at first. And even graduates are not an exception. They should still consistently apply the theories they have learned in their colleges, and if they excel to that and manage to make extra efforts, then being financially successful in the long run will always be possible.
Academic skills is mainly to gain knowledge that we should apply in the real life scenario that will turn out to be a business as either service or product but why most graduates don't reach that position is just because they settled for a job and they are not thinking beyond that and that's for we have been seasoned since our birth by our parents, teachers, society and everyone.









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poodle63
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March 01, 2024, 04:13:17 AM
 #133

Going to school and being a graduate doesn't guarantees you success it only equips you with the knowledge and skills to be able to strive to achieve success but yet doesn't guarantee you might end up achieving the success you strive for eventually. We all have seen many graduates that steived hard but still ended up average or poor. The only thing that school guarantees us is knowledge, knowledge to know your right and where it starts and end, which is why a highly literate society is usually a peaceful society to live in unlike a highly illiterate populated societies.
also certain degree does indeed contribute to its students to be adept at certain and specific knowledge, for example is being a doctor, definitely you need to be within the standard of being a doctor and this kind of knowledge only found in university that have that faculty.
the point of university in the first place should be just for learning skills and being certified for learning one, thats it, people thinking college can somehow magically make them rich are just dreaming.
because we all know that whether to be success or not entirely depends on ourselves, the world doesn't owe us anything.
but in the other hand we need to carve our ways and path to be successful and its not going to be easy, so many competitions out there, are we sure that we can stand out or instead just gonna falls behind we don't know for sure.

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lizarder
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March 01, 2024, 06:23:56 AM
 #134

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.
Graduating from university does not make you richer because actually achieving wealth does not depend solely on the extent of your education. Many people gain wealth from developing businesses and many people gain wealth from the investment process, but not everyone has a high educational background. Wealth is taking advantage of opportunities and capital is an important foundation for people to make more money because without capital we cannot achieve the desired level of wealth.

If you want to become richer then prepare several steps and if you don't have capital then you can take advantage of working in other people's businesses first. Once you have successfully accumulated money and your experience has matured, you can build your own business slowly, after that you can develop your own business and enjoy the profits for yourself.

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March 01, 2024, 09:03:37 AM
Last edit: March 01, 2024, 09:36:51 AM by puloweh555
Merited by iamsange (1)
 #135

I think having a degree is just having one step ahead with someone who does not have. There are different factors to consider. And sometimes, people start from humble beginnings due to their hard work and perseverance has a higher chance to get the bountiful life ahead
It is true that having a degree is a plus because with it we have insight and increase our knowledge and of course when we have an academic degree our thinking will be different from those who do not have an academic degree. However, having a degree is not a guarantee of success or a better life in the future, because many do not have a degree but there are also those who are successful and some are even rich. The real key to success is hard work and having a goal.

So it could be said that having a college degree does not necessarily guarantee a better life in the future, going to college only delays success. Because success does not require a college degree. I talk like this because in the neighborhood where I live, many kids nowadays want to go to college because they follow their friends/for prestige. Without thinking about the importance of college. So after graduating, many people are confused about finding work. In fact, if you think about it, it's a shame that a lot of time, energy and money was wasted paying for college. Therefore, before starting something for the future, everyone is wiser in taking steps forward.
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March 01, 2024, 01:42:56 PM
 #136

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 educated and having high grades doesn’t guarantee anything, it doesn’t mean you will be wealthy and all, to be wealthy and successful there are lots of qualities one must instill in themselves to achieve this, it takes more than just good grades, it requires lots of hard work, sacrifices, risk and determination to succeed. Building ones business is not easy at all as there are those moments one would experience losses and face some challenges but that shouldn’t weigh us down.

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.
You are right, educated people get carried away by their certificate and educational achievements and feel too big to settle for ordinary jobs, they are so fixated on having a white collar job because those are the people who are respected more in the society. They don’t know that there is more opportunity in having a skill and being your own CEO than working for someone, when you work for someone you get used by the person and all the growth of the company is in favor of the person.

Having good grades is good and beneficial but it doesn’t guarantee anything as you will have to struggle just like others to get work especially in my country though you are at a higher advantage than those having lower grades.

R


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March 01, 2024, 01:55:05 PM
Merited by Taskford (1)
 #137

There can be many reasons for this:

1. The got a degree but into something that was forced upon them, they dont like it and they cannot put their innovative strength into it and thus they cannot land up a job.
2. They flunked the college or university and eventually came out as a low quality educated graduate. They peers might be landing jobs but they are not.
3. The degree that they got into is a well saturated field. However the phrase is relative and those who have a proper vision will be able to desaturate the market in no time.
4. The job might be need some years of slogging before getting a "wealthy" income. So give them time.

I dont agree with the "drop-outs" do better - because here you are looking at only the famous ones who actually had a vision to pursue. There are so many college drop-outs, if that was the case they would be ruling the working class, but they are not. Its called survivorship bias.

R


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letteredhub
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March 01, 2024, 09:10:18 PM
 #138

Going to school and being a graduate doesn't guarantees you success it only equips you with the knowledge and skills to be able to strive to achieve success but yet doesn't guarantee you might end up achieving the success you strive for eventually. We all have seen many graduates that steived hard but still ended up average or poor. The only thing that school guarantees us is knowledge, knowledge to know your right and where it starts and end, which is why a highly literate society is usually a peaceful society to live in unlike a highly illiterate populated societies.
also certain degree does indeed contribute to its students to be adept at certain and specific knowledge, for example is being a doctor, definitely you need to be within the standard of being a doctor and this kind of knowledge only found in university that have that faculty.
the point of university in the first place should be just for learning skills and being certified for learning one, thats it, people thinking college can somehow magically make them rich are just dreaming.
because we all know that whether to be success or not entirely depends on ourselves, the world doesn't owe us anything.
but in the other hand we need to carve our ways and path to be successful and its not going to be easy, so many competitions out there, are we sure that we can stand out or instead just gonna falls behind we don't know for sure.
With the high rate of competitiveness now in this generation with everyone wanting to go to school to be called a literate or a graduate it's just so scary that sometimes one will wonder if they can survive the competition in the labour market in search of the few available jobs. And secondly, the field a person chooses to pursue as a career also plays an important role in shaping the person's life and chances of getting a good paying job that can put you in the rich people bracket.

Imagine someone studying a course that is no more invoke at this time you gonna find it hard to get hired in a company not to talk of a good paying company. So it's important when going to the university we do research about the course to study if it's still much relevant at this age.
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March 01, 2024, 11:05:17 PM
 #139

There can be many reasons for this:

1. The got a degree but into something that was forced upon them, they dont like it and they cannot put their innovative strength into it and thus they cannot land up a job.
2. They flunked the college or university and eventually came out as a low quality educated graduate. They peers might be landing jobs but they are not.
3. The degree that they got into is a well saturated field. However the phrase is relative and those who have a proper vision will be able to desaturate the market in no time.
4. The job might be need some years of slogging before getting a "wealthy" income. So give them time.

Right you have valid points on the reasons why there are still graduates that are not wealthy since to many factors need to look and not all people destined to get rich. Also want to add that certain obligation to family what also make those graduate to lose a lot of opportunity since becoming a breadwinner on the family leaves you no choice but to accept whatever job available for you to take, that's why other choose to get those job which is mismatch on their qualification since they don't have any choice as they need money to support their family immediate needs.

I dont agree with the "drop-outs" do better - because here you are looking at only the famous ones who actually had a vision to pursue. There are so many college drop-outs, if that was the case they would be ruling the working class, but they are not. Its called survivorship bias.

They just read to much success stories of those some billionaires became so successful after they drop out on college. They fantasize everything because they just dream to be as successful as them but they forget to realize that in reality everything they think easy is not actually work just like that. That's why its better for them to be real and they will not became successful automaticaly if they drop out since it need mix of luck,skills and determination to became successful in life.

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March 01, 2024, 11:14:52 PM
 #140

Because the system is broken and not everyone can be rich unfortunately Roll Eyes!!

Btw, too many graduates of today depend on white collar jobs and few of them want to do the tough jobs such as engineering, being a specialised doctor and all that good stuff. Aa

There could be an element of laziness too which is another inhibitor to success, for those willing to work it's usually the job experience that sits on their success but it's all about time as their time to shine will come..just don't give up yet!!

R


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