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These jobs aren't worth the cost of their degrees

Dave_BerryDave_Berry 492 replies2563 threadsCC Admissions Expert Senior Member
"... At a time when Americans are saddled with mounting student loan debt, the bad news for some is that the earnings potential associated with certain careers may not do much to offset the cost of their education.

GOBankingRates looked at the cost of different degrees, median salaries and potential earnings after 30 years, to determine which professionals may have a harder time getting by.

Here’s a look at some of the careers that didn’t seem to be worth the price of their degree:" ...

https://www.foxbusiness.com/economy/these-jobs-arent-worth-the-cost-of-their-degrees
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Replies to: These jobs aren't worth the cost of their degrees

  • damon30damon30 1147 replies5 threadsRegistered User Senior Member
    7. Elementary School Teacher

    Sad, but true.
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  • Leah4883Leah4883 3 replies1 threadsRegistered User New Member
    they may not monetarily be worth it but the knowledge and producivitiy might be there
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  • yourmommayourmomma 1323 replies1 threadsRegistered User Senior Member
    Sorry, but kind of "fake news." No clue where they get their cost estimates. Sure, maybe full tilt eastern private schools. But "directional" instate schools are way less.

    If you want one of those fine careers, then make sure you go to an appropriately priced school and seek out as much aid as possible. Certainly, don't go into significant debt.
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  • tsicklestsickles 26 replies0 threadsRegistered User Junior Member
    @yourmama GoBankingRates, who wrote the original article the Fox Business article is based on, clearly explained at the end of it where they got their cost estimates.

    https://www.gobankingrates.com/making-money/jobs/jobs-that-arent-worth-education-requirements/#21
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  • yourmommayourmomma 1323 replies1 threadsRegistered User Senior Member
    @tsickles Doesn't make it accurate.
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  • CaMom13CaMom13 1866 replies12 threadsRegistered User Senior Member
    No, it doesn't make it accurate. The old saw about lies, damn lies and statistics comes into play with this kind of "analysis". They took the average cost of a certain degree, assigned that degree arbitrarily to a single job title and found the average salary for that job. It's lazy and misleading click bait.
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  • BellaMorganBellaMorgan 104 replies1 threadsRegistered User Junior Member
    I feel like it is not that accurate, but education is really needed to land on a corporate or high paying job.
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  • MWolfMWolf 1438 replies9 threadsRegistered User Senior Member
    I agree, it's fake news, which isn't surprising. It's another anti-college screed by people who want to shut down college to everybody but the rich.

    Most teachers are educated in one of the very good, low cost, public colleges. If somebody wants to be an elementary teacher, they are not going to take out $27,000 in loans to go OOS to an expensive colleges or an Ivy. they're going to go to a good public school in the state in which they live, which will ikely be well inside their budget, without the need for a large student loan.

    An Illustrator or a graphic designer do not need to get a fine arts degree at a school which costs $45,000 a year. An associate's degree at a community college is enough, and that costs a fraction of the $183,000 that this dumb article claims

    A Human Services Worker does not need a psychology degree, they need a social worker's degree, and you can study for those, like for an education degree, at any one of the hundreds of public colleges, which have an annual price of $20,000 or so, not $40,000.

    Etc, etc, etc. The person who wrote the article has no idea at all about any of these occupation, she simply looked up the colleges with the most expensive degrees, and looked up the lowest pay for each degree.
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  • 1966Parent1966Parent 80 replies27 threadsRegistered User Junior Member
    I wouldn't trust FoxNews on this report. The better site is Georgetown Universities effort Center for Education and the Workforce. They are advocating for schools to report actual salary info by degrees and not just averages. The average salary of a college graduate is misleading and leads to over-borrowing.
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  • 1966Parent1966Parent 80 replies27 threadsRegistered User Junior Member
    Something is wrong when we pay customer service and StarBucks staff more than the teachers of our children.
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  • UndercrackersUndercrackers 868 replies2 threadsRegistered User Member
    Moral of the story is: do your homework when it comes to selecting a major/career path and the higher educational experience needed to get you there.
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