Is it worth getting a degree from a top-tier university in today's job market?

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SUMMARY

The discussion centers on the value of obtaining a degree from a top-tier university in today's job market. It concludes that while degrees in engineering, law, and medicine tend to lead to higher salaries, no degree guarantees success or a high income. The conversation highlights that many successful individuals do not possess college degrees, emphasizing that personal abilities and drive are more critical to success than the prestige of an educational institution. Additionally, it notes that the financial return on investment for degrees varies widely across fields.

PREREQUISITES
  • Understanding of the job market dynamics and salary expectations for various degrees
  • Familiarity with the differences in earning potential among fields such as engineering, law, and medicine
  • Knowledge of the role of personal drive and skills in achieving career success
  • Awareness of the financial implications of pursuing higher education, including student debt
NEXT STEPS
  • Research the earning potential of specific degrees using resources like the Bureau of Labor Statistics
  • Explore the impact of student debt on long-term financial stability
  • Investigate alternative career paths that do not require a degree but offer high earning potential
  • Learn about networking strategies that can enhance career opportunities regardless of educational background
USEFUL FOR

Job seekers, career advisors, students considering higher education, and individuals evaluating the return on investment of college degrees.

  • #31
SootAndGrime said:
A MA or PhD from a top-tier university is certainly one of the stepping stones to becoming the head of a big corporation. I can't name any CEO's or top-executives who don't have at least a MA from a big-name university.

This is stupid. Did you even bother to take a quick google to look at even the top 10 Fortune 500 CEOs? It sounds like you may not even able able to name a CEO period. It took me literally 10 minutes to find every single CEO of the top 10 in the Fortune 500 list.

http://en.wikipedia.org/wiki/Rex_Tillerson , BS in Civil Engineering UT Austin
http://en.wikipedia.org/wiki/Mike_Duke , BS in Industrial Tech, Georgia Tech

10 minutes and you find 2 without advanced degrees.

Although I'm guessing your next sentence will be "Certainly you need a Bachelors from at least a good school". At some point you'll say "well, you of course need at least an Associates degree from a good community college to be a CEO". Sheesh.
 
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  • #32
mathwonk said:
i recall having this discussion with a young man at my church who was getting a degree from our flagship state university business school. he was very shocked when i suggested his business school degree did not guarantee him a job. later that year i went into wendy's for a burger and the familiar looking guy behind the counter gave me a very nasty look. when i got outside i remembered him as the young man from the church conversation.

Wow(have a similar story-on the other end of that story)! This recently happened to me just a few weeks ago.

I was an undergraduate in biology and already had my foot in medical school. I was an Army Ranger and got activated for deployment to Bosnia. When I came back, I was basically told to be readmitted to medical school, I would have to continue to take additional course work. I choose a second undergraduate major. Upon taking physical chemistry, I decided I wanted to study physics and its application to chemical systems(it was the first thing that I was truly passionate about).

Six years later, I'm in last my last year of my Ph.D program-working one day out of the week at a restaurant, and I see some old church friends. They just starred at me with this look of dismay on what I was doing there. I explained to them what had happened the last 12 years of my life and they didn't understand the new course in my education endeavors(even thou I was happy).

I have daughter, so my ability to move for a post doc are not possible. I'm now re-considering going back to medical school.
 
  • #33
SootAndGrime said:
A MA or PhD from a top-tier university is certainly one of the stepping stones to becoming the head of a big corporation. I can't name any CEO's or top-executives who don't have at least a MA from a big-name university.

Here's a fun page:
http://en.wikipedia.org/wiki/List_of_college_dropout_billionaires

But this is pretty obvious trolling...
 
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  • #34
SootAndGrime said:
A MA or PhD from a top-tier university is certainly one of the stepping stones to becoming the head of a big corporation. I can't name any CEO's or top-executives who don't have at least a MA from a big-name university.

Sources please? Have you never heard of Microsoft, Apple or Facebook? I'm pretty much oblivious to the business world, and even I know that Bill Gates, Steve Jobs, and Mark Zuckerburg don't have college degrees (except for maybe honorary ones). Please, if you're going to start a topic (or should I say, a bunch of topics) and argue a point, do everyone the courtesy of at least doing a trivial amount of research on the topic. It's really not that difficult, and I'm most certainly not the first one to tell you this.
 
  • #35
daveyrocket said:
Here's a fun page:
http://en.wikipedia.org/wiki/List_of_college_dropout_billionaires

But this is pretty obvious trolling...

i knew it, being a drug lord has got to be the way to go
 
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  • #36
It's clear that the OP is not putting as much effort into making his claims as others are putting into rebutting them, which is a good time to close the thread.
 

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