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TYT University: Myth That College Grads Make More $?

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ihavenobias Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-11 05:34 PM
Original message
TYT University: Myth That College Grads Make More $?
 
Run time: 08:10
https://www.youtube.com/watch?v=xCgzLbh1lEo
 
Posted on YouTube: September 24, 2011
By YouTube Member: tytuniversity
Views on YouTube: 1058
 
Posted on DU: September 26, 2011
By DU Member: ihavenobias
Views on DU: 984
 
http://www.youtube.com/tytuniversity|TYT University> is looking for students, faculty members and recent graduates struggling to find work to submit videos from across the globe that might be used on the show each week. http://www.youtube.com/watch?v=bCwjMVBfRqA|Watch Cenk and Ana explain more here>.


Summary: An AcademicReviser video debunking the common idea that college graduates make one million dollars more than high school graduates over their lifetime is discussed by Ana Kasparian and Jayar Jackson on TYT University.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-11 05:45 PM
Response to Original message
1. They sure don't now
when you deduct the cost of their student loans from whatever salary they do end up getting. Most are poor and desperate, that I've seen, even if they've managed to luck into decently paid work.

While their income will likely average more than that of non grads who didn't go to trade schools to become employable in something besides fast food and retail, the debt burden likely evens them up with trade school grads.
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MedfordTim Donating Member (254 posts) Send PM | Profile | Ignore Mon Sep-26-11 06:13 PM
Response to Original message
2. Well, they make more than **I** do...
...if they have a job at all, that is....
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libodem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-11 07:32 PM
Response to Original message
3. Profits
Trump learning.
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donco Donating Member (717 posts) Send PM | Profile | Ignore Mon Sep-26-11 11:13 PM
Response to Original message
4. Anyone have any
plumbing work done lately?
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exboyfil Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 02:33 AM
Response to Original message
5. Interesting comment about
the reason you get paid more for getting a degree (as a police officer was his example) was because you have to pay for the degree. Actually I thought the reason you would pay more for an individual with that degree (or a teacher or anyone in the private sector) is that degree makes you a more valuable employee.

Everyone going to college needs to put pencil to paper and figure out how much it is going to cost and how much he/she will earn assuming they get a job with that degree. If the math does not work, then you need to consider other options (a different major, not going to college, etc). Even the risk of unemployment after college should also be considered in the calculation.

Actually families should be planning this stuff while their children are in middle school. The choices they make at that time will impact their future as well. I would recommend a flexible plan that takes the aptitude and interest of the children into account. I see both my daughters going to college at this point. The oldest (a 10th grader) does not have a clue as to what she will do, but I think she is doing the right things currently (good grades, a year ahead in math and science, outside interests such as journalism, orchestra, and digital photography). The younger one (8th grade) is focussed on going to medical school and becoming either a general surgeon or a g.p. I support both daughters in their goals to the best of my abilities. When they change their goals, then I will change with them to continue to support them. I do have some non-negotiables (they both must take four years of Spanish and they should take the top writing courses). I have already decided that if my younger daughter wants to step off the Honors track in Math, I will support her decision. She only needs Calculus I in college to become a doctor, and I already have a plan for supporting her through that class. GPA and class rank in High School is more important than taking the hellish Algebra II/Trig class my older daughter is taking right now. She puts in 15 hours/week in that class to try to get an A, and I feel every hour of it at her shoulder helping her.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 09:18 AM
Response to Original message
6. As a holder of multiple degrees, I would advise HS students to think twice about attending college
Unless they have connections that could get them a job, I'm more likely to advise against it...
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exboyfil Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 09:39 AM
Response to Reply #6
7. Depends on your major
I can assure you we hire many engineers every year without any nepotism going on. 3.0 minimum GPA in Mechanical/Electrical engineering (some other engineering majors as well), and you get an interview. After that grades are not as important - we look for practical experience (getting your hands dirty working as a mechanic or in a test lab for example), internships are great (we do lots of those as well).

As you select a major, you need to look for what adds value to your skill set. Value is what other people are willing to pay for that skill set. You may enjoy the study of archeology as I do, but it is doubtful that it will support you. It is so bad that you actually have to pay to go on an archeological dig. Finding jobs that need to be done that people do not want to do or do not have a skill set to do is the best indicator of what you need to study.

I tell my daughters to not major in anything that is glamorized on television. What you envision doing as a 15 year old is rarely what you are doing at 35. You have to work towards your stengths and interests, but life is full of compromises. You may find that you can get up in the morning for your job, but you would prefer to be doing something else.
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