How Much Is That College Degree Really Worth?

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im going to college and im 60 years old the VA is paying for one year I have two daughters with degrees one with 23000 thousand a year social worker the other masters in library science only part time 9.50 hr 18 hr work week.this research by this braun or baun id like to know whos paying her for this misleading info im sure 1 out of 100 is possible. call me tell me where to find this crazy stat.maybe new York. my name n no terry 973 264 8662 don't be afraid call me.

Terry O'Donnell of PA 8:03PM May 15, 2013

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Robbsu88 of MS 1:05AM April 30, 2013

That's funny since I got my degree I have made 10-20k less then I did with just my high school diploma. I cant even land an interview.

college was a financial distaster of CA 5:31PM April 27, 2013

Ella could not be more wrong. I am in a director position and do a lot of hiring and we do not even interview candidates without a degree. It demonstrates an ability to learn. In many fields experience is not required or even desired. Many corporations want trainable individuals who can learn quickly and do things the way the company wants. Promotions also require degrees - many with Masters required or strongly preferred. Everyone does not need a masters but should get an education to have a legitimate shot at a rewarding and successful career.

educnhpy of PA 10:14AM April 24, 2013

**Ella of Ca***

Thats fine for your situation, but the days of just working one's way to the top are long gone. Most companies now judge an applicant based on what letters they have after their name and not their work ethic.

Chris of CO 5:00PM April 05, 2013

To ella I bet if I worked for 10 years with a degree I probably would be making triple your income on top of having a office over you. You are such a hypocrite it makes me sick.

johnson of CA 10:31AM February 10, 2013

I don't subscribe to the belief that a college degree will ever make you a dime unless you're wanting one of the careers that require it (doctor, etc.) I make twice what the "average bachelor degree holder" makes and have been making more money longer. Instead of a degree, I have 10 years more experience than my counterparts the same age, so I have an applicable edge with demonstrated results. I dont trust their math because in my line of work, a degree wouldnt make me a dime. I've had someone say "its not fair. I have a degree, why are you the one with the better job." Thats the kind of college grad I think they're modeling. Telling everyone they need to go to college is a huge mistake. A large percentage of the most successful people I know never had time for college. I'm talking self-made millionaires. If you're smart, a problem solver, can learn, and have great communication skills, you can do almost anything without a degree. A degree just makes up for certain short comings.

Ella of CA 11:55PM January 24, 2013

I think it's more important to go with your passion. If you enjoy what you do success will follow. Don't major in something for the money unless you enjoy it or you'll be miserable

sara of CA 8:54PM November 27, 2012

I went to law school but then was an active duty Army spouse for 8 years. Now, as a single parent, I owe (with fees) $240,000 (public and private) in student loans and earn $40,000 a year and have no health insurance (and $5,000 in medical bills). It makes me sick that mortgages are forgiven, as well as medical bills, but there is no reduction for student loans. I am 38 years old and will never own a home. I cannot afford to give my sons any classes (music, gymnastics) or put them in therapy. If I could undo going to law school, I would. I have applied for hundreds of jobs but when you have two years of legal experience ten years after graduation, in an industry as saturated as the legal industry, nearly no one will hire you.

CSP of TX 9:14AM October 30, 2012

Although there are merits to the article, the author wrote a poor piece and quotes Sandy Baum, a Skidmore economist, who clearly does not understand and did not study the model model mentioned in the link, which takes into account a discount rate. The "economist" should learn some basic financial calculations and it really makes me doubt Skidmore. Actually, Skidmore is a well know Liberal Arts college. So now it makes more sense. So for credibility, the author should really think more before throwing a limited piece like this down.

WL Etherton of CA 10:55PM September 30, 2012

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