Is college a scam?

I believe that many college degrees are not worth it. I know people that have masters degrees that only make a modest income and ontop of that have tens of thousands in debt. For example a pharmacist makes 80k a year. But a truck driver makes 100k+. A roofer can easily make 100k. So can a plumber.

Infact the richest guy I know started working in construction and eventually formed his own construction business. Slowly bought more and more land, basically owned every piece of grass within 50 square miles. Sold his land to developers who built shopping centers. Reinvested all that money into his construction company. Today he is the richest man in the county and one of the richest in the state. He's a billionaire. Has a huge company. He has almost no highschool education. According to google his company has an annual income of 106.39 million

Im not shitting on people who have college educations but I sometimes cringe when I hear how much people are making after they sacrificed so much. Obviously many degrees are worth it like doctor or lawyer. But many of them arent worth it and I don't understand why people get them.

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Comments ( 7 )
  • bbrown95

    I definitely don't think college is for everyone and hate the mentality so many try to push onto high school/college age kids that it's a necessity in order to make it in the world and that there's no hope for them if they don't go to college. That's simply not true.

    I mean, if you're looking specifically to become a teacher, doctor, lawyer, etc., obviously college is the way to go. But, I think it's a horrible idea to tell kids they need to enroll in college when they have no clue what field they want to go into, or to get something useless like a liberal arts or gender studies degree. And you're correct that a degree does not guarantee a great job and that there are people with fancy degrees working very average jobs. I actually know several people who don't even use their degrees.

    I was in college for a grand total of one semester before deciding it absolutely wasn't for me and changing my mind about wanting to become a teacher. Also, my college was way too focused on political indoctrination to actually teach me anything useful that I didn't already know and pass in high school, or anything I'd actually need for my degree. Not to mention that I had to sit through a horrible sales pitch from a woman trying to get us to sign up for student loans, who basically told us her life story of how she was a failure because she didn't get student loans and stay in college, and how if we didn't, we'd be just like her, in an unhappy marriage with the wrong person and with two 30-year-olds still living in our basements mooching off of us. It was very hard to take college seriously and not as a scam after that.

    Anyway, I'm better off than I ever would've been if I had stayed in college, and much happier as well.

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  • SwickDinging

    Pharmacists only make $80k a year in the US? Wow, that sucks. They should emigrate to UK or Australia

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    • How much they make there?

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  • olderdude-xx

    Unfortunately; The value of a college education has been devalued and in many cases a person would now be better off most likely with some kind of technical or specialty training; or just starting their own business.

    40 years ago it was different. Then most people did not automatically go to college. Educating many more people at the college level did not create more jobs that actually needed a college degree. Thus, in most cases there is a surplus of college educated for most fields, and the wages are thus depressed. At the same time I have heard many people saying that they went in debt $80,000 - $100,000 for their college degree. That's a crushing debt burden for many with all the other life expenses at this time.

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    • Yes, it's a supply and demand thing. You see that in the labor force also. And not to get too political but you also see it with illegal immigrants coming in where the majority of them are laborers, driving down wages for American laborers.

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  • donteatstuffoffthesidewalk

    that feller aint a tradesman hes a businessman and salesman

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  • COVID-19

    I have a degree in graphic design, but really you only need a diploma and a good portfolio to get hired. How it benefitted me was the structured learning environment and valuable insights from our lecturers' critiques.

    Now some other dude with just a portfolio may make more money than me with less education, but that experience was valuable to me and worth paying for.

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