Is a College Degree/Advanced Education Expense Worth the Price?

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I_am_Canadian

Senior Member
Dec 8, 2014
2,429
821
113
an advanced education is very much worth it. almost all careers will pay more for that reason. it also, easily leads to future advancements in your occupation. & note that when a job transfer exists, potential employers will gravitate to your application 1st. fortunately for me, i didn't have to attend college because i bought books, pamphlets & took notes & learned my job that way. i even would drive to construction sites & sit for a half day watching what they did. i own a landscape company. i would read & study during down time which is winter so i was prepared for summer work. i also learned my hobby incomes the same way, (coins & antiques). but for drumming, i started out early at 12 years of age so no schooling there either.
Whats sad though, is I have had heavy equipment training, Construction pre-apprenticeship and now half way through a tourism program. The only thing holding me back is not having a valid G license or a car. I have been refused jobs because I don't have access to reliable transportation.
 

NightTwister

Well-known member
Jul 5, 2023
2,080
776
113
65
Colorado, USA
I made my own way as an architectural draftsman (my father taught me) without any college. A couple of decades later, I learned to support computers and eventually got a job as a systems administrator for a large company. I finally went to college and obtained my bachelor's degree at the age of 50. The company paid for everything, so I had no loans. I got laid off 9 years ago, and am thankful I got the degree because I wouldn't have the job I have today without it.
 

Susanna

Well-known member
Apr 14, 2023
1,591
503
113
48
Galveston and Houston
Hey Everyone,

I was talking with a friend who is contemplating going back to school to earn a degree in the hopes of finding a higher-paying job.

This led to a conversation about whether or not the high cost of a a college degree actually pays off in real dollars and cents, and whether it's actually worth the sacrifices and high cost or not. I have known many people who didn't get the chance to use their degrees and it just wound up being a very expensive certificate on their wall (which they are still paying off.) But of course, every person's experience is unique, especially since there are some fields (medicine, etc.) in which a degree is absolutely necessary.

When I was growing up, it was almost a given at the time that in order to get a "good" job here in the USA, you had to obtain a 4-year college degree. I'm not sure how it works in other countries, so please feel free to share what the expectations are where you live and what people do in your own country and culture.

I have worked in retail my entire life and often met people who wound up there too because they couldn't find jobs in the profession they had studied. For example, one of my managers had a degree in engineering. When someone asked what he was doing working in a store, he said he and his wife had moved to the area to take care of his mother-in-law, and he couldn't find work in his field. He explained that the area was filled with retired engineers who were fine just working part-time, so no one was offering full-time. Instead, he took a full-time job in retail management because at least it provided health insurance for him and his wife.

The most extreme story I've heard so far was of a co-worker's son and his fiancee. They had both studied to be pilots, but graduated at a time when airlines were cutting back, and so now were looking at getting married with over a quarter of a million dollar's worth of educational debt -- and couldn't find jobs in their field. This was many years ago and I'm not sure what happened, but I know at the time, my co-worker said they were taking any kind of job they could find.

I have heard many stories like this and am wondering what you all have seen and experienced. I have heard people speak of apprenticeships as an alternative, but are they very common anymore? It seemed, in my area at least, that such opportunities were non-existent, or at least very rare.

I would like to know:

* Did you get an advanced education, and do you believe it was worth the cost? Did you make up for the price of your education with a better-paying job?

* Have you been able to pay back your student loans, if you had any? (Here in the USA, you can apply for loans from the government to pay for your schooling, but there are strict rules about paying them back.)

* If you could go back in time, would you have still earned and paid for your degree, or do you feel you would have been better without one? Would you have chosen to study another field (which one?)

* Do you have children or grandchildren (or other friends or relatives) who earned college degrees? Was it worth it to them or do they wish they'd taken another path?

* What would you advise other to do? Should they "go back to school," or what other means would you suggest in order to get better jobs and higher pay?

I'm dropping this thread in the Singles forum because my conversation was with a guy who is doing just fine for himself as a single, but is concerned he wouldn't earn enough to support a wife and family if God allows, and he wants to be prepared.

And please note that I am most definitely NOT trying to downplay or criticize the important of higher education -- I've had people in my own life who have told me I "wasted my degree," but I know my life turned out the way it did for a reason.

I'm just interested in what other people have done as far as college goes, and how their own story has turned out because of it.
I don’t know. I don’t have a college degree. Never been to college. Not even community college.
 
Apr 10, 2024
70
42
18
I still believe a college degree is worth it and all trades are worth it. I think we need all majors and all trades in our society. It is not fair to put down one over the other.
 

Magenta

Senior Member
Jul 3, 2015
59,711
29,062
113
My machines your machine are obsolete, gone with the wind. This let's you remember that all things shall pass away, all man's greatest achievements, yet Jesus' words will never pass away. And you know what????????? It's been over 2,000 years since Jesus came to earth and, for sure, His words are still remembered.
Yes, they are, for sure. Hey, this thread has been bumped! I am glad to see you are still
checking in with us even if you are not posting, and I hope all is well with you. Since the
former posts were made, I have been called back to work! And as soon as I was back, that
twenty-year-old, $200K+ machine was taken apart and consigned to the scrap heap...
 

2ndTimeIsTheCharm

Well-known member
Feb 17, 2023
1,850
1,030
113
I don’t know. I don’t have a college degree. Never been to college. Not even community college.

Yeah, if you're in a career that you enjoy that doesn't need it, I think it would actually be a waste of time and money. I didn't go to college right away after high school. Only when I decided on a career that actually needed a bachelor's degree did I actually go. To be honest, I think all the "required" elective courses were just so the colleges can make extra money off a student and/or their parents. They were such a waste of time as they didn't even go toward your declared major!


🍤
 
N

NancyBune

Guest
Hey Everyone,

I was talking with a friend who is contemplating going back to school to earn a degree in the hopes of finding a higher-paying job.

This led to a conversation about whether or not the high cost of a a college degree actually pays off in real dollars and cents, and whether it's actually worth the sacrifices and high cost or not. I have known many people who didn't get the chance to use their degrees and it just wound up being a very expensive certificate on their wall (which they are still paying off.) But of course, every person's experience is unique, especially since there are some fields (medicine, etc.) in which a degree is absolutely necessary.

When I was growing up, it was almost a given at the time that in order to get a "good" job here in the USA, you had to obtain a 4-year college degree. I'm not sure how it works in other countries, so please feel free to share what the expectations are where you live and what people do in your own country and culture.

I have worked in retail my entire life and often met people who wound up there too because they couldn't find jobs in the profession they had studied. For example, one of my managers had a degree in engineering. When someone asked what he was doing working in a store, he said he and his wife had moved to the area to take care of his mother-in-law, and he couldn't find work in his field. He explained that the area was filled with retired engineers who were fine just working part-time, so no one was offering full-time. Instead, he took a full-time job in retail management because at least it provided health insurance for him and his wife.

The most extreme story I've heard so far was of a co-worker's son and his fiancee. They had both studied to be pilots, but graduated at a time when airlines were cutting back, and so now were looking at getting married with over a quarter of a million dollar's worth of educational debt -- and couldn't find jobs in their field. This was many years ago and I'm not sure what happened, but I know at the time, my co-worker said they were taking any kind of job they could find.

I have heard many stories like this and am wondering what you all have seen and experienced. I have heard people speak of apprenticeships as an alternative, but are they very common anymore? It seemed, in my area at least, that such opportunities were non-existent, or at least very rare.

I would like to know:

* Did you get an advanced education, and do you believe it was worth the cost? Did you make up for the price of your education with a better-paying job?

* Have you been able to pay back your student loans, if you had any? (Here in the USA, you can apply for loans from the government to pay for your schooling, but there are strict rules about paying them back.)

* If you could go back in time, would you have still earned and paid for your degree, or do you feel you would have been better without one? Would you have chosen to study another field (which one?)

* Do you have children or grandchildren (or other friends or relatives) who earned college degrees? Was it worth it to them or do they wish they'd taken another path?

* What would you advise other to do? Should they "go back to school," or what other means would you suggest in order to get better jobs and higher pay?

I'm dropping this thread in the Singles forum because my conversation was with a guy who is doing just fine for himself as a single, but is concerned he wouldn't earn enough to support a wife and family if God allows, and he wants to be prepared.

And please note that I am most definitely NOT trying to downplay or criticize the important of higher education -- I've had people in my own life who have told me I "wasted my degree," but I know my life turned out the way it did for a reason.

I'm just interested in what other people have done as far as college goes, and how their own story has turned out because of it.
Its definitely worth it. That’s what my parents and grandparents have said to my older brother, sister and me. Both of my parents got their education later in life, and are doing well. An education and corresponding degree is something that lasts a life time and no one can take away from you. My dad got his PHD at the age of 49, and my mom got her Masters at the age of 46. So I encourage you and your friend to go back to school and get it done. My dad is a retired Marine officer and combat veteran: He says to move forward, conquer and prevail! All the best to you and your friend.
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,121
9,217
113
Howdy Nancy and welcome to the forum.
 

Dino246

Senior Member
Jun 30, 2015
25,330
13,715
113
The title question is simply too broad.

Is a degree in Gender Studies ‘worth it’? No. Is a degree in Engineering ’worth it?’ Yes.

You must balance your interests and aptitudes with the market where you want to work. If there’s no need for that degree, don’t waste your time and money obtaining it.
 

Ballaurena

Well-known member
May 27, 2024
415
273
63
College is only worth it if God is guiding there, and even then this may not be worth it by worldly standards.

As young adults, both me and a friend dreamed of both going to college, and getting married and having kids. For me God flung opened the college door but closed up the family one. For her it was the opposite. I actually didn't get to know her and all this till later when God used our opposite experiences to balance out each other on a spiritual project God called us both to.

And yet even with God clearly opening the door for me with college, it hasn't paid off financially. I am$40K in debt with no way to pay or even support myself. I don't know if my path was the best one I could have walked, but God has used what I have learned there for His purposes, though not nearly as much as I would have hoped.

Now my sister went for a job in healthcare that helps people but makes a good living. Her husband got his degree AFTER he got a lucrative job in the technology sector. In fact his job caused him to drop out from his original college plans when the two interfered. They are well off but use their riches to raise the next generation up to hopeful be God's children.

What I see in all this is God opening the needed doors and closing others. I can't say I totally know the mind of God in all these pieces, though.
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,121
9,217
113
College is only worth it if God is guiding there, and even then this may not be worth it by worldly standards.

As young adults, both me and a friend dreamed of both going to college, and getting married and having kids. For me God flung opened the college door but closed up the family one. For her it was the opposite. I actually didn't get to know her and all this till later when God used our opposite experiences to balance out each other on a spiritual project God called us both to.

And yet even with God clearly opening the door for me with college, it hasn't paid off financially. I am$40K in debt with no way to pay or even support myself. I don't know if my path was the best one I could have walked, but God has used what I have learned there for His purposes, though not nearly as much as I would have hoped.

Now my sister went for a job in healthcare that helps people but makes a good living. Her husband got his degree AFTER he got a lucrative job in the technology sector. In fact his job caused him to drop out from his original college plans when the two interfered. They are well off but use their riches to raise the next generation up to hopeful be God's children.

What I see in all this is God opening the needed doors and closing others. I can't say I totally know the mind of God in all these pieces, though.
Howdy and welcome to the forum.

"Life is like a maze
Of doors, and they all
Open from the side you're on
Just keep on pushing hard, boy
Try as you may
You're gonna wind up where you started from"

- Cat Stevens
 

Magenta

Senior Member
Jul 3, 2015
59,711
29,062
113
Howdy and welcome to the forum.

"Life is like a maze
Of doors, and they all
Open from the side you're on
Just keep on pushing hard, boy
Try as you may
You're gonna wind up where you started from"

- Cat Stevens
They also say, if the doors are all closed, try a window... and stay out of the hallways LOL
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,121
9,217
113
They also say, if the doors are all closed, try a window... and stay out of the hallways LOL
That makes it sound like a stealth-action video game...

So what are you playing right now?
 
Aug 2, 2009
24,643
4,304
113
Hey Everyone,

I was talking with a friend who is contemplating going back to school to earn a degree in the hopes of finding a higher-paying job.

This led to a conversation about whether or not the high cost of a a college degree actually pays off in real dollars and cents, and whether it's actually worth the sacrifices and high cost or not. I have known many people who didn't get the chance to use their degrees and it just wound up being a very expensive certificate on their wall (which they are still paying off.) But of course, every person's experience is unique, especially since there are some fields (medicine, etc.) in which a degree is absolutely necessary.

When I was growing up, it was almost a given at the time that in order to get a "good" job here in the USA, you had to obtain a 4-year college degree. I'm not sure how it works in other countries, so please feel free to share what the expectations are where you live and what people do in your own country and culture.

I have worked in retail my entire life and often met people who wound up there too because they couldn't find jobs in the profession they had studied. For example, one of my managers had a degree in engineering. When someone asked what he was doing working in a store, he said he and his wife had moved to the area to take care of his mother-in-law, and he couldn't find work in his field. He explained that the area was filled with retired engineers who were fine just working part-time, so no one was offering full-time. Instead, he took a full-time job in retail management because at least it provided health insurance for him and his wife.

The most extreme story I've heard so far was of a co-worker's son and his fiancee. They had both studied to be pilots, but graduated at a time when airlines were cutting back, and so now were looking at getting married with over a quarter of a million dollar's worth of educational debt -- and couldn't find jobs in their field. This was many years ago and I'm not sure what happened, but I know at the time, my co-worker said they were taking any kind of job they could find.

I have heard many stories like this and am wondering what you all have seen and experienced. I have heard people speak of apprenticeships as an alternative, but are they very common anymore? It seemed, in my area at least, that such opportunities were non-existent, or at least very rare.

I would like to know:

* Did you get an advanced education, and do you believe it was worth the cost? Did you make up for the price of your education with a better-paying job?

* Have you been able to pay back your student loans, if you had any? (Here in the USA, you can apply for loans from the government to pay for your schooling, but there are strict rules about paying them back.)

* If you could go back in time, would you have still earned and paid for your degree, or do you feel you would have been better without one? Would you have chosen to study another field (which one?)

* Do you have children or grandchildren (or other friends or relatives) who earned college degrees? Was it worth it to them or do they wish they'd taken another path?

* What would you advise other to do? Should they "go back to school," or what other means would you suggest in order to get better jobs and higher pay?

I'm dropping this thread in the Singles forum because my conversation was with a guy who is doing just fine for himself as a single, but is concerned he wouldn't earn enough to support a wife and family if God allows, and he wants to be prepared.

And please note that I am most definitely NOT trying to downplay or criticize the important of higher education -- I've had people in my own life who have told me I "wasted my degree," but I know my life turned out the way it did for a reason.

I'm just interested in what other people have done as far as college goes, and how their own story has turned out because of it.
It depends on the degree. When I worked in hospital pharmacy, one of the pharmacists said I should think about becoming a pharmacist. I would have loved to but I told him I could never afford the degree. It's a 6 year university degree. He said his son became one and was able to pay off his student loan in about 5 years. The truth is I was already too old and too broke to be starting college again. The 6 year course would require being a full-time student for all 6 years. No way I could swing that, but it was a nice thought.
 

Cameron143

Well-known member
Mar 1, 2022
18,784
6,452
113
62
It depends on the degree. When I worked in hospital pharmacy, one of the pharmacists said I should think about becoming a pharmacist. I would have loved to but I told him I could never afford the degree. It's a 6 year university degree. He said his son became one and was able to pay off his student loan in about 5 years. The truth is I was already too old and too broke to be starting college again. The 6 year course would require being a full-time student for all 6 years. No way I could swing that, but it was a nice thought.
Pharmacy school is 4 years. The other 2 years are optional residency.
It does cost about 40K a year, but starting salaries range from $125-135K directly out of school.
 

HeIsHere

Well-known member
May 21, 2022
5,740
2,239
113
Pharmacy school is 4 years. The other 2 years are optional residency.
It does cost about 40K a year, but starting salaries range from $125-135K directly out of school.
In Canada (Ontario) and perhaps other countries (not sure ) students can apply to Pharmacy School with two undergrad years under their belt is the general process so it does become six years.

I think USA is same.

The Doctor of Pharmacy (Pharm. D.) degree program in the United States requires at least 2-years of specific pre-professional (undergraduate) coursework followed by 4-academic years (or 3-calendar years) of professional study. The bachelor's (B.S.) of pharmacy degree is no longer offered in the U.S.
AACP