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

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Discussion Overview

The discussion revolves around the value of obtaining a degree from a top-tier university in the context of today's job market. Participants explore the perceived financial benefits of various degrees, the relationship between education and career success, and the implications of attending prestigious institutions.

Discussion Character

  • Debate/contested
  • Exploratory
  • Conceptual clarification

Main Points Raised

  • Some participants argue that degrees from top-tier universities, such as an MBA from Harvard, do not guarantee high-paying jobs or success, emphasizing that personal abilities play a significant role.
  • Others suggest that while degrees do not ensure specific salaries, they can help achieve career goals and are often prerequisites for higher-level positions.
  • There is a claim that engineering, law, and medicine are among the most lucrative fields, although some participants challenge this by pointing out that there are poorly paid positions in these areas as well.
  • Some participants highlight that many successful individuals do not have college degrees, suggesting that exceptional cases exist outside the traditional educational path.
  • Concerns are raised about the financial burden of education, particularly in fields like law and medicine, compared to engineering.
  • Participants discuss the job placement success of graduates from prestigious business schools, questioning the validity of claims regarding high starting salaries on Wall Street.
  • There is a perspective that a college education is often necessary for significant career achievements, with a high school diploma limiting job opportunities.
  • Some participants express skepticism about the emphasis on prestigious institutions, suggesting that the focus should be on individual capabilities rather than the name of the university.

Areas of Agreement / Disagreement

Participants do not reach a consensus; multiple competing views remain regarding the value of degrees from top-tier universities and their impact on career success and salary potential.

Contextual Notes

Participants express varying assumptions about the job market, the value of different degrees, and the financial implications of education. There are also unresolved questions about the correlation between educational background and success in various fields.

  • #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...
 
Last edited by a moderator:
  • #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
 
Last edited by a moderator:
  • #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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