Woodznutz
Diamond Member
- Dec 9, 2021
- 34,403
- 17,550
- 1,788
- Thread starter
- #21
It is often said that a college degree is a license to steal. Those stats support this. That said the current batch of grads might change those stats. We also need to track the vocations of college grads over time. Many go into fields that don't require a college education, only a college "degree". Many go into fields that require neither. Statistics are not the deep dive needed to accurately assess the value of a college education.Statistically they struggle and end up with zero wealth and work their whole lives. There are always outliers but the statistics are clear.
Only 4% of households with a four-year college degree are in the bottom 50% of wealth, meaning the vast majority of college graduates reside in the top half. Its that stark of a difference.
Everyone in the company I work for has a college degree. None are working in the field they got a degree in. All they are are wall decorations. All (except one) work in the family residential rental business. Four generations of college grads, all millionaires, doing rental real estate, but will be counted as attaining success due to a college education.
Last edited: