>1 million graduates a year
>100,000 job openings a year
>Only 1000 job openings in my particular area of interest
>Success ratio: 0.1%
Should I just play the lottery? Atleast I'll have a better chance of winning right?
This is why school can be overrated. You're better off starting at the bottom of a company at 18. I would bet you'd make a similar wage by 24 without having 80,000 in debt. Choosing a degree that's worth it is just as important as the degree itself.
This really depends on the company though. Sure if it's a brand name company with a huge trainee section go for it, but if you get unlucky and get into a shit company, you'll end up doing faxes, taking phone calls and fetching coffee for the rest of your life.
And even if you leave, you'll have to start all over again sucking coporate dick from sqaure one again.
But I do see the advantages, but there certainly are trade-offs.
Absolutely anon. There's pros and cons to both paths to be honest. A lot of people are under the impression that if you get a degree you're guaranteed a job. It seems like if you want have the highest possible employability, business or engineering are probably the best degrees.
Skilled trades are also a pretty good idea and pay well once you're certified. I know guys who started at 18, got certified around 24 and now have their own contracting business. There's more ways to make money than going to school.
Maybe I'm just a little bit baised from experience. I was interning at someplace, where another intern who had a master's in marketing, this boss had absolutely no intention of hiring at all, and he basically just used his position for free labor through interns.
But on the flip side, I know people who get shorter degrees, and start working basic banking trainee positions that are happy.
I think all the people I know who went into trades own houses and cars now, and I'm not even done with my master's yet.
I think as we move futher into the 'information age' and people have this wierd illusion of a cozy desk job and a long degree is the only way forward (myself included I guess), will only drive up demand and pay for skilled trades even more.
And if you have the network and skills for it, you can pull even more by doing off-the-books work on the weekends. I know a bunch of electricians and carpenters who would basically have a normal full hour work week, and then do tax-free work for friends and network on the weekend.
Most of them stopped doing it because they got older and started valuing their time more (early 30s)
>useless liberal arts degrees.
Actually it's what we get for letting judges rule that 'relevant' documented certifications are the only risk-free credential to specify in hiring, and letting congress pass laws to that effect, and voting in members who passed said laws.