I've been hearing more opinions lately saying going to college is a scam and isn't as necessary as it used to be.
The argument for this is that 55% of college grads don't work in the field of their major. There are a lot of Communications majors working at Starbucks for example.
Unless you're going to be a doctor, engineer, pharmacist, attorney, etc. many college degrees don't prepare the grad for anything in the workforce.
The burden of student loans hangs on for decades after graduation.
There are 11+ million jobs in the US that pay over $80,000/year and don't need a degree. Not sure how many openings there are but you get the point.
I'm a college grad and feel my college education made me mentally stronger than I would have been without it. And I have that piece of paper that proves to me and to all who see it that I accomplished something at a young age, I took on a 4 year course of study and succeeded.
I don't feel I wasted my time at all. At 18 who knows what they want to be in life anyway? College provides a place and time where you can figure yourself out and mature.
To me it was worthwhile.
Thoughts?
Well, I would say it is a scam if you use it for some hopes and dreams bullshit.
College should be reviewed as your Jobs Training program.
In the modern American Economy there are only 3 paths to being financially successful without huge risk.
1) Join the exploitative corruption of high paid Trade Unions at an early (college) age. This can be hard to get into, because as with any system based on Government Graft and Corruption, you kind of need to be connected to get in easily. Plumbers, Electricians, Elevator Techs, top dollar trades that have exclusive deal arrangements with Government Money to destroy fair competition will make sure you will do just fine.
2) Join the Military. This is honestly more of kind of a holding pattern as a career in the military doesn't pay very well typically, but the fringe benefits of doing service are massive in the USA. It can pave the way to option 3 with a lot of free money to cover those costs and a lifetime of Healthcare is a big fucking deal for your long term finances even if the care availability isn't necessarily great wherever you decide to settle after you leave the service. One also should not understate the value of life experience that comes from the travel involved in being military for young people. The job training you can get there is also wildly valuable if you can work it out.
If you can get the Navy to teach you how to weld underwater, when you get out you can just laugh and roll around in all your piles of money until your job destroys your body, lol. (Underwater Welding is rough)
3) College plan with specific goals recognizing both the need for your services and the cash value of your labor after graduation. Perform a CBA (Cost Benefit Analysis) while you make your plan. Should you do your first few years to knock out Academics at a transferable Community College? Probably.
What is the demand for your position? What are the projections for future demand? What has the typical salary looked like over the last decade? If you want to do medical services for old farts, the massive ongoing physical collapse of the Boomers, who have plundered all of the money out of the US economy for themselves, will be your goldmine. Geriatric Medicine will be an industry of explosive growth over the next 20 years.
Robotics, Sustainable Energy Technology, Genetics, these industries are all in early stages of massive gold rush scenarios globally and they are too knowledge dependent to be practical to practice in reliably without going to College for it in some way.
Even the old days of being able to work in Software by being l337 seems to have gone by the wayside and most newer generation of workers trying to get into the industry are coming armed with college degrees to make them more competitive in the hiring process.
It seems to me the old days of show up and hustle and you will have a good life are mostly gone in the US without some lucky exceptions. The globalization of economics have just made it too competitive, so the clear path to success is more narrow, but the advantage of the digital age is, so much more information is out there to help you make a plan, and College is one of them, if you plan it correctly.