Thinking about University?

New studies show that university degrees are becoming rather useless.
With too many Graduating students and not enough positions, the majority of Graduates end up doing menial jobs for years. Thus wasting those years studying for little or no return.
Think carefully before enrolling in University.

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Northwest · M

What new studies?

It depends on your field of study. If you study basket weaving, then don't expect anything more than minimum wage.

If you want to be a Physician, then don't expect any state medical boards, to certify you, if you simply walk in and say "hey, I think I can do this".

Same goes for electrical engineering, computer engineering, software engineering, Physics, Chemistry, Data Science, economics, and so forth and so on.

RenaissanceMan

That is true if you have a paycheck mentality. However, if you're seeking funds from venture capitalists and investment bankers for a start-up it greatly helps an entrepreneur who cannot self fund. My daughter is going through this process. She has four degrees already and went back to college last month. It is understood in her mind that she will never work for anyone.

SW-User

My niece and her boyfriend finished Uni both with honours degrees in the top of the state. Both are working in a supermarket because that's all they've been able to get so far. I'm sure it'll change for them eventually but opportunities aren't like they used to be.

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Northwest · M

@SW-User No, most companies offer a lot of incentives for kids to get a job, with a BS. Advanced degrees holders, earn more, and there are fewer job openings for advanced degree holders. Usually the system sort of self-regulates.

It's kind of like the army, you have a lot more soldiers than generals. Not all soldiers will make general.

SW-User

@Northwest Yes i see, but then i'm assuming like here there would be a few placements and a very high number of applicants? So in reducing the number of applicants they'd end up choosing kids that had higher than necessary qualifications? I know where i work, they have a graduate program for accountants. They take in about 30 per year and get literally hundreds of applicants from all around Australia.

Northwest · M

@SW-User Not sure I would put it that way. You need small team to design a car, an even larger team to engineer it, and an even larger team to build it, but then just anybody can drive it, and quite a few more people, can acquire the skills to repair it, without going to college.

We need so many people to design cars. Once you're qualified, your choices may be limited. If you want to live on Maui, you're probably not going to get a job designing BMWs but a lot of qualified designers, may love to live in Munich, as oppose to Detroit, so naturally, you may get more applicants than jobs in Munich.

HearTheRhythm · 46-50, F

Interesting. I'm not sure I could ever consider education as a wasted investment. I understand though. It is not a guarantee for employment

faith2hope4love · 56-60, F

I see former university students wearing their "X Rings", as they work in retail or the fast food industry. Not the career they hoped to pursue with their degree!!🙄

SW-User

It depends on what you want to do, obviously. If you want to go into Nursing, Education, or Social Work for example, you absolutely have to have a college degree.

Gusman · 61-69, M

@SW-User Plus it depends on whether Hospitals are hiring. Here in Perth, the Hospitals are short of staff but the Government will not employ more. Sorry state indeed.

okaybut · 56-60, M

Learning is a reward in itself. While you can do it on your own, with a good school they can guide you.

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