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Old 02-02-2022, 05:06 PM   #14
FlyingScot
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Quote:
Originally Posted by TiltonBB View Post
Making education choices based on future employment is a good start. I have a cousin who got a degree in Ancient European History and she complains about her employment opportunities.

Picking a career that pays enough to pay off your student loans is a good choice too. If you go into something like teaching, enjoy the hours and extensive vacation time, it doesn't make sense to complain about the wages in the position you choose.

Again, it comes down to supply and demand. There is a nationwide truck driver shortage and Walmart is now starting drivers at $90,000 per year. You can get Class A license in 4 weeks and go to work. Because of the shortage of Registered Nurses those wages have increased significantly faster than the cost of living.

My flying instructor (1996) is a Jet Blue Captain, with an Associates Degree and no student loans. He makes over $300,000 a year.

It is all about choices but the opportunities are there.
Exactly. If a person loves Ancient History, a PhD can be a wonderful thing to do. But very few of those folks are able to get financial compensation for their degree. For any sort of graduate school, you really need to do the math up front.

A bachelor's degree is a bit different, even if many of them are extraordinarily expensive today. We might debate whether it's needed to do a particular job, but there's no question it is the price of admission for a huge number of careers
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