7 College Degrees That Leave Students in Lifetime Debt

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  • Опубликовано: 6 фев 2025
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    These videos are for entertainment purposes only and they are just Shane's opinion based off of his own life experience and the research that he's done. Shane is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid. Some offers mentioned may no longer be available or they have been changed. Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, don't just trust the opinion of a stranger on the internet and always make sure to do your own research and enjoy this family friendly content.
    Sources and further readings for jobs and college degrees:
    bls.gov(bureau of labor statistics)
    nces.ed.gov(national center for educational statistics)
    payscale(provides information on jobs and degrees)

Комментарии •

  • @ShaneHummus
    @ShaneHummus  9 дней назад +1

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  • @va1445
    @va1445 9 дней назад +14

    Good list! My bestie got a culinary degree - worked in a hospital cafeteria before working at McDonald's because they paid more. Let that sink in. She now does tech support on the phone making more money plus benefits... with NO degree, she just worked her way up.

  • @hotcarlsf
    @hotcarlsf 9 дней назад +12

    I think its a good video. Too many people going to private schools paying exorbitant fees for what will be low paying jobs. Now they're asking for student loan forgiveness. I worked my butt off attending a state school pursuing a degree that seemed to have a decent opportunity while working full time.

  • @JJRatko
    @JJRatko 9 дней назад +27

    Education is a great degree. Move to a state with decent pay and it is a very stable career path. Teachers work 187 days a year with paid vacations, make higher than the median salary, and can get their student loans forgiven in addition to their salary. Could find a job in any state or country no problem

    • @dsgaming57-p2c
      @dsgaming57-p2c 9 дней назад +3

      Teacher degree will not even pay bill if you live in California not in India

    • @JJRatko
      @JJRatko 9 дней назад +2

      @@dsgaming57-p2c somehow millions of teachers manage…
      25 years ago I knew several teachers making 6 figures

    • @Thelifeoflogic
      @Thelifeoflogic 7 дней назад

      25 years ago 😂​@@JJRatko

    • @gabc7858
      @gabc7858 3 дня назад

      Or be a personal tutor.

    • @skiddadle8245
      @skiddadle8245 2 дня назад

      So I'm a teacher and switching up. Teachers almost always live with someone else. If youre going to live by yourself, sometimes that's not possible- especially if you want to stay in your state and not move to a different one just to be an educator!

  • @vunu.
    @vunu. 8 дней назад +3

    yay i'm happy you're going back to college themed videos! 😊

  • @hettiegrubbs
    @hettiegrubbs 9 дней назад +5

    Very clear and accurate information. Wish I had seen this 20 years ago before starting college. I hope people watch this video and understand the positives and negatives of a university degree more clearly. 30 years of student debt is awful and I hope you save some students from repeating my mistakes, which, at the time, I was told was the “right” thing to do. I got a degree in religion, social sciences, and special education. Extreme high stress and very low pay. Trust me (I lived this) you can study religion at home and learn even more than in a college setting because literally all of my Bible teachers were super stressed and jaded because of the precarious financial situation they were in from choosing to be a religion teacher. Good luck to everyone who’s trying to figure out their path in life. My advice is to figure out what skills you need to be successful and fulfilled in life and then what is the best path to acquire them. College might be the answer to that question or it may not.

  • @chm9935
    @chm9935 9 дней назад +10

    Psychology was always a dead end. 304s majored in it

    • @sarahprice3070
      @sarahprice3070 9 дней назад +2

      Psychology was a bad choice, but I’m a virgin and I’m don’t with it so please don’t judge me also I did get a job with it but it’s only 50 k in a city so yeah don’t do it

    • @Seekerof2ruth
      @Seekerof2ruth 7 дней назад

      @@sarahprice3070industrial psychology is on the up.

    • @_Hollie_
      @_Hollie_ День назад +3

      I think psychology only works if youre using it to get into medicine, or something where you use it as a prerequisite. That being said there are usually better options, psychology tends to be a default for many. Really most end up in HR or some kind of admin role

    • @chm9935
      @chm9935 День назад

      @@_Hollie_ yup. HR : (

  • @jeffreysharp8526
    @jeffreysharp8526 9 дней назад +1

    Mr. Hummus, thank you for your video regarding low paying professional positions requiring college degrees. How I wish that information had been available to me fifty years ago. In 1980, I graduated with a BA in Religious studies and a minor in Philosophy. It's rare to find someone that understands what they are. Of course, they've been completely useless for making a living; however, they've given me a good basis to understand people in all walks of life. Thankfully, it only took me ten years to pay for the loans and the work study experience was more valuable for employers than the studies. Thanks again for your efforts.

  • @jakew8645
    @jakew8645 7 часов назад

    I paid off my student loans with my bachelor degree in biology. I look at bacteria colonies all night and do other tests. It is honest work.

  • @Mind.Body.Mosaic
    @Mind.Body.Mosaic 9 дней назад +10

    Human Services bachelors & a masters in Clinical Mental Health. No one informs you of the unpaid internship and unpaid practicum REQUIRED before you are even eligible for licensure. Starting salary for a LCAS in my area, $58,611 ($28 per hour) 🙄 I made more slinging drinks part-time in my 20s.
    Thank you for the content! The importance of information is extremely understated! Financial literacy and the ability to assign value to your time are not concepts you start learning as an adult.

    • @pisceanbeauty2503
      @pisceanbeauty2503 Час назад

      I think the problem is people thinking 60k starting salary is low. It’s silly that 20-somethings think it’s normal to make 6 figures right out of school.

  • @TokenTech
    @TokenTech 2 дня назад +1

    I agree that my student debt was not worth my degree, but I am happy to be a theology teacher in a catholic school and i get to teach the faith that means a lot to me. I make 62.5K and have a pension plan so it isn't so bad for me. I know others be struggling

  • @escapeplandad
    @escapeplandad 9 дней назад +1

    Exceptional content as always Shane! Having built major success through investing, e-commerce, and affiliate marketing over the years, it's refreshing to see creators like you sharing such valuable knowledge with the community. Your channel is helping this seasoned entrepreneur master the RUclips landscape. Keep inspiring! 💫

  • @roberthall6161
    @roberthall6161 4 дня назад +2

    Not being able to get a full time job equals lifetime debt.

  • @worldcitizenra
    @worldcitizenra 6 дней назад +3

    Other majors that are losers in the student debt vs earnings game based on what I've seen:
    Journalism
    Art History
    Graphic Design
    Photography
    Data Analytics, if a person ends up with a Data Analyst job, rather than a Data Science job.

    • @mentalish9417
      @mentalish9417 2 дня назад

      Yeah Data science is just data analytics but better

    • @worldcitizenra
      @worldcitizenra 2 дня назад

      @@mentalish9417 - In my experience, the only significant difference between data analytics and data science is the organizational function from which they originated. Data analytics generally originated out of finance and accounting for financial statement analysis and business planning. Data science originated out of IT and operations functions for business control tasks. Even when data analytics requires use of programming languages, instead of spreadsheets, it typically carries the stereotype of being just accountants overextending the use of Excel. Thus, lower pay and lower organizational status than data science.
      Also, data analytics hiring is trending to be more based on practical skills and knowledge, rather than academic degrees, while data science still seems to require an academic degree even when the work is based on practical IT skills that can be developed without academic study.

  • @chm9935
    @chm9935 9 дней назад +3

    Most diploma mills have degree programs that have no return on investment

  • @harveyts3
    @harveyts3 9 дней назад +1

    I have about 125 of 150 left. I do make a lot of money though and plan to have it paid off by the end of 2026.

  • @beanz8508
    @beanz8508 9 дней назад

    hey shane could make a video on degrees or majors for future digital nomads

  • @DR-cu2fl
    @DR-cu2fl 7 дней назад +4

    I wish I only had $40k in debt.

  • @Educlasses99
    @Educlasses99 9 дней назад +5

    I am chemistry teacher in icse/isc school my salary is $1 per period in india .

  • @revshejohnson
    @revshejohnson 9 дней назад +2

    Thank you!

  • @bigboy8.0
    @bigboy8.0 8 дней назад

    Can you make a video or maybe even just give a tip about sports management? Im very passionate about it but i know its extremely risky, so im double majoring in that and finance incanse of anything.

  • @Mvmo._
    @Mvmo._ 9 дней назад +1

    I need something abt architecture, is it worth the 5 years of your life? Is it actually demanding in abroad?

  • @Dalmenco
    @Dalmenco 9 дней назад

    My Dad had a bakery business and had a Culinary Education.

  • @JehuHo
    @JehuHo 8 дней назад +1

    Is there any difference in marketing and a business because I'm 15 and doing a assessment and need help to pick one

    • @gabc7858
      @gabc7858 3 дня назад

      Marketing is much more restricted than business......

    • @mentalish9417
      @mentalish9417 2 дня назад

      Honestly both are kinda bad but business is better

  • @El-Silver
    @El-Silver 4 часа назад

    I would add a caveat to the religious study if one wants to become a catholic priest its not a matter of you can get around the church expects you to get a degree on theology and such since they see priest as you need this for the job

  • @witchenie
    @witchenie 2 дня назад

    What about aviation?

  • @Seekerof2ruth
    @Seekerof2ruth 7 дней назад +1

    Just curious what Shane’s degree is in?

    • @Sebastian_Najmanovich
      @Sebastian_Najmanovich 5 дней назад

      Chemistry or Chemical Engineering if i remember well

    • @CristinaEB
      @CristinaEB 3 дня назад +2

      He was a pharmacist, but he mentioned a lot of his friends from school are still struggling to pay off their debt. He mentions it in the video about degrees that keep you poor.

  • @torinbaud9672
    @torinbaud9672 7 дней назад +1

    opinion on geography degree?

    • @Tanish6613
      @Tanish6613 5 дней назад

      And Also Economics degree

  • @JMSouchak
    @JMSouchak 3 дня назад +1

    13:45 The number of people that lie by saying they're passionate about X (while X is free in the public library) is really incredible. They really mean they want a title and a high paying job they've been tricked into thinking exists for doing something fun. 😂

  • @dancellana6002
    @dancellana6002 День назад

    There needs to be a college football team named the schemers

  • @Dalmenco
    @Dalmenco 9 дней назад

    Culinary Arts = Restaurant Owner

  • @JMSouchak
    @JMSouchak 3 дня назад +1

    12:00 "Honors" but too dumb to know what a useless degree is. 😂

  • @mw66683
    @mw66683 7 дней назад

    EDBA and DBA programs can set you back $60K -$120K, with no outcome gaurantee - these programs seem like bad deal.

  • @YareYareDuckz
    @YareYareDuckz 5 дней назад

    VR&E GI Bill 💸….

  • @AminAmine-in3ul
    @AminAmine-in3ul 9 дней назад +1

    Any thoughts about Applied Mathematics degree?

  • @automaton111
    @automaton111 8 дней назад +3

    Entering the later stages of fascist imperialist capitalism, there is practically no college degree that is worth it anymore. College is not a job training program. Companies used to train college graduates in well paid jobs. Now they provide zero training and expect you to have three years of experience doing five different jobs just to qualify for entry-level. The only reason to go to college is if you plan to enter a very high paying field that absolutely requires college in order to qualify usually for some kind of state license. What people should be learning instead is class based revolution. That will be the number one skill to have now.

    • @PaladinLeeroy42069
      @PaladinLeeroy42069 2 часа назад

      Did you just say preparing for war will be the number one skill? I guess that’s not wrong if there is a war

  • @seamon9732
    @seamon9732 9 дней назад +3

    Imagine EDUCATION being a degree that leaves one destitute for life...
    Capitalism has failed.

    • @miliba
      @miliba 9 дней назад

      Lets go back to feudalism

    • @guntcheck
      @guntcheck 9 дней назад

      ​​@@milibaNICE false dichotomy fallacy, classic: capitalism vs only garbage, as if capitalism is a flawless perfect system when compared😂

    • @f_gun204
      @f_gun204 7 дней назад +1

      Blaming something that you don't understand is why you're teachers failed you.

  • @keithconti6057
    @keithconti6057 9 дней назад +1

    avoid any I.T. field

  • @100nanay
    @100nanay 9 дней назад

    You forgot marketing

  • @JoshB-www1230
    @JoshB-www1230 9 дней назад +2

    W