Do you really earn more money because you went to college?

[nsimmons]

Book smart is not enough to make (a lot of) money.

To be hugely successful I'd say 70% street smart and 30% book smart.

The brightest people I know by college standards are not even rich.

Maybe they figured out that there is more to life than gross excess and consumerism?

[RobFordWotWot]

I sell oranges down by the freeway and I shudder to think what life would be like if I took out loans to get a liberal arts degree.

[Hitchslap78]

It increase the possibility of making profit but not always.

[qm7]

Depends on your major.  Majoring in liberal arts is generally not a good investment.

[boumalo]

I sell oranges down by the freeway and I shudder to think what life would be like if I took out loans to get a liberal arts degree.

You would sell oranges but you will have 50,000$ of student debt and you will have party, meet rich folks for a few years and learn a few things about Art that you can learn online : https://www.edx.org/school/harvardx

[BJay87]

Maybe I can say that I am very happy to have a very good school when I was in highschool

[boumalo]

Maybe I can say that I am very happy to have a very good school when I was in highschool

Why

[boumalo]

https://www.youtube.com/watch?v=nbUFBk3477o

Peter Schiff is also saying that a lot of people take students loans to pay their rent and support themselves

[boumalo]

You are usually not better off after a 200K$ master in Arts, you have debt and you didn't work for 3-4years when you could have learn a job and build seniority and contacts

[lissandra]

i dont think people do, it just makes them more in debt.

[Gleb Goodston]

No you make your own wealth not a cetificate especially when everyone else on the planet now has a qualification of some sort...its almost a waste of time you can always self study.

[WestHarrison]

I think it's a matter of what your goals are, if you are focused on business I think starting out as soon as possible is best and you can add book smarts WHILE you are already working in the real world (especially if you are young). That way you can add knowledge that is specific to what you are encountering in your line of work.

That said, there are some careers that you pretty much have to go to college if you want to pursue them, such as engineering or medicine. People want different things and that's ok,  but I don't understand how so many people think that just because they went to college they will automatically earn money magically after they graduate.

[b!z]

I really do, I have the talent to turn coffee into software, and is not something easy that will learn out of the college

favorite type of coffee?

[manselr]

Generally yes, but the "blow up" kind of money comes from random luck and creativity and being at the right moment right time. Nothing to do with a college degree.

[misterpressman]

Hmmmm I do not think so. I earn more than my college friends right now.

[domeven]

In italy is quite difficult, if impossible!
You should be a friend of or, best, son of to earn more.
Very few are looking for capabilities, and  for a degree.

[boumalo]

I think the University is the best way, not the only way. Because the University is not only training but also in man (knowledge synthesis) as a foundation from which I can continue to cultivate more knowledge from society.

You can get more knowledge by self education online, by working or going to private seminaries than if you go to the University and you will get it more efficiently and at a cheaper price

Hmmmm I do not think so. I earn more than my college friends right now.

And you are not in debt

[mordekaiser]

this statement about going to college, makes you go broke even quicker.

what logic is spend $40k in college debt, will land you a job $80k.

$40k in intrest over how many years..

[boumalo]

this statement about going to college, makes you go broke even quicker.

what logic is spend $40k in college debt, will land you a job $80k.

$40k in intrest over how many years..

Yes the thing is any college diploma doesn't get you a job at 80k$, it doesn't even get you a job at 40k$

Certain diplomas get you a career but they are in the minority.

[DarkHyudrA]

Well... rarely you will see a programmer that doesn't have a diploma, I'm no exception.
The point is that only study doesn't gives you a excellent job, but what you do and your ideas is what makes you go further in your career. Unless you're academic and want to be the bst teacher of something, then studying is the only true way.