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

[IzumiKonata]

People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)

I think that's not really how the world works now. Even those who only finished high school, even elementary, can earn tons of money. It just depend on one's will, hard work and constancy.

[inklingzade]

Yeah, with my degree, it's a proof for me been through a training . So they gonna pay the salary more than who doesn't have it.

[Mister k]

Depends on the diploma you pass or the training you get, no ?

My plumber has such a high hourly fee and such job opportunities that he will always earn more money than me with a 6 years post baccalaureat diploma (I'm French)...

[Eliza beth]

I'm still paying back my 2 year college course which was useless (business).

[Mi chael]

Wasted more then $150,000 on college just for a paper..

[Vinxent]

Nope, most of my mates who didn't go to college or uni are on a higher salary than me. They're either tradesmen or running their own business with the bonus of not being saddled with a huge student debt. Personally wouldn't bother with college unless you want to work in a specialised job like a doctor, vet etc.

[Emilytran]

Each year spent learning in an institution, is one less year you can make buck.

[John Nathan]

And it will cost you as much as 60k$ + interests in the US

[Leeminhe]

Depends on the person for some answer is yes for some answer is no, if they think they can't do anything better than working in a qualified job they wont earn more.

[Christini]

There is actual data on this question.  A group of college graduates make more money than a matched group who don't go to college.

[Eulalila]

It's actually stupid how much more they pay graduates than non-graduates, even if the non-graduate does the job much better. Just one of the things that makes the world stupid today.

[Calibee]

If you work a job as graduated and not graduated of course you will get payed less and for most of the jobs you need diploma but people without graduation start their owns business and they earn even more than graduated people.

[Kevala]

It is quite the opposite, US colleges are way more bloated and inefficient. They increase the cost of tuition way faster than the actual incurred costs for them...

[Fionoa]

Austria is a very small country, still has some top 100 ranked college degree programs (BSC, MA, MBA and MSC)

[Anthomy]

This is true. and the fact that there are no requirements to borrow for college make it so colleges have zero incentive to try to keep costs in line.

[Murile]

We know that...That is basically what we said in both our posts.  We said if you didn't go to college and just started at a minimum wage job and moved up the ladder, versus someone who went to college and paid back loans how much money  you made/lost between the 2 people.

[Rosa bella]

In most cases yes since diploma is needed in applying for a better paying job. But it is not always the case since even you are not a college graduate, you can earn more money by being hardworking, skilled and wise.

[Rowane]

Law of supply and demand will mean wages have to go down for the "elite" due to competition.

[Na xter]

The data during recessions shows that the college educated people have low unemployment, and high school graduates have higher unemployment.

[Pegleku]

Presumably the college educated move to lower jobs, and the less educated people become unemployed.  So keep in mind that competition is a complex phenomenon, and the degree is still worthwhile.