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diffaldo@lemmy.dbzer0.com to Comic Strips@lemmy.worldEnglish ·
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22 hours ago

College Degree

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College Degree

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diffaldo@lemmy.dbzer0.com to Comic Strips@lemmy.worldEnglish ·
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22 hours ago
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  • nucleative@lemmy.world
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    16 hours ago

    I’m not sure why the above comment was down voted so hard. This community should encourage insightful comments.

    It seems like overall college degrees are still a worthwhile financial investment on average.

    If you disagree, dialogue.

    https://www.forbes.com/sites/michaeltnietzel/2024/03/01/college-degrees-lead-to-142-trillion-gain-in-career-earnings-study-finds/

    Compared to the average high school graduate, the earnings premiums were:

    $495,000 over a lifetime for people who completed an associate’s degree;
    $1 million for those who completed a bachelor’s degree; and
    $1.7 million for those with a graduate degree.
    

    https://www.bls.gov/careeroutlook/2021/data-on-display/education-pays.htm

    For example, workers with a bachelor’s degree had median weekly earnings of $1,305 in 2020, compared with $781 for workers with a high school diploma. And the unemployment rate for bachelor’s-level workers was 5.5 percent, compared with 9.0 percent for those whose highest level of education was a high school diploma.

    https://www.cnbc.com/2025/04/18/median-return-on-investment-for-a-college-degree.html

    the typical college graduate can expect a median 12.5% return on their investment in higher education

    • bitcrafter@programming.dev
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      13 hours ago

      I’m not sure why the above comment was down voted so hard. This community should encourage insightful comments.

      I do not consider the sentence, “Absolutely made up propaganda for those without the ability to verify the simplest of facts,” to be an example of brilliant insight; I suspect that the vote count would have been different if it had not been present.

    • technocrit@lemmy.dbzer0.com
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      15 hours ago

      Averages and outdated statistics only tell some of the story… It’s not the boomer age anymore…

      Pew’s survey also found that more than half of college graduates are underemployed, working in roles that neither require a degree nor utilize the knowledge they paid the universities to acquire. Even a decade after graduation, 45% remain in such positions.

      More pros and cons: https://www.lifehack.org/articles/work/5-reasons-whyyour-new-bachelors-degree-is-worthless.html

      Realistically the situation keeps getting much worse, not better. Not just for students but also for faculty, et al.

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