Your college degree is WORTHLESS!

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  • Опубликовано: 11 сен 2024

Комментарии • 98

  • @johng2636
    @johng2636 26 дней назад +11

    my degree - accounting - did get me a reasonably solid, dependable career. Nothing glamourous and never high paying, but it has been at least stable. Also accounting programs tend to have a pipeline that get you into a first position through 'Meet the Firm' events. Plus adding a CPA license helps. Not sure if this will hold true in the future, but I've found it's one of the best bang for buck degrees out there.

    • @JoshtheFifith
      @JoshtheFifith 23 дня назад +1

      there is a undersupply of accountants and a oversupply of programmers also I never heard a CPA being outsourced to Bangladesh

    • @LaborGains
      @LaborGains  22 дня назад

      Thanks for sharing. That's great that your degree has worked out well for you. Thanks for the comment.

  • @kinomotosakura9550
    @kinomotosakura9550 24 дня назад +4

    I never worked a day in my life before becoming a teacher. I've had a career for 6 years now, and am not so "young" compared to other people anymore. Before that time, when I was a kid, I tried applying for many different minimum wage positions, but I got demoralized because I just couldn't seem to get a job. The first job interview I succeeded was the first interview I had after I had a college degree and a professional license, but the field was also highly in demand in my locale. I still think there are some trades or professions where success is possible with a degree, but I think that prospect is ever-decreasing.
    I have so much concern for people who are children now. It's the norm that where I work, the kids are several years behind on reading and writing skills, and you can't so easily catch up. It's even worse when they lack problem solving skills or the determination to try and solve problems independently. What they aren't able to fully comprehend is if they are so far behind, the jobs they will be able to perform will soon be automated. I think people don't realize that RIGHT NOW, the students leaving high school are going to have to be more qualified than anyone else at the same age at any other point in time if they want to enter the labor pool, and the skills they will need to succeed will continue to become more and more complex, but I think the American style of education ill-prepares young people for this reality as well.
    My implication is that while it can be an opportunity behind a paywall for some, the demands of employers have changed, and young people will bear the burden of pressure unlike any generation has seen before, and it's not exactly healthy. We have to overhaul our education system and the way that people acquire skills, or we're going to have a lot of rightfully resentful people who can't do much of anything at all, and that's not good for anyone.

    • @LaborGains
      @LaborGains  22 дня назад

      Incredible analysis. I agree completely. Thank you for the comment.

  • @nycsim-r8t
    @nycsim-r8t 26 дней назад +14

    US College grads are competing with the rest of the world where multinational corporations can find equally or better qualified and significantly cheaper labor. You can get three qualified Chinese engineers for the price of one US engineer. In animation, companies can get even cheaper and qualified labor outside of the US. This is why the animation industry is dead in the US. Much of the animation is outsourced to China and South Korea where it is then outsourced to North Korea.

    • @kieragard
      @kieragard 25 дней назад +4

      lol, there's nothing outsourced to North Korea, what medication are you on?

    • @LaborGains
      @LaborGains  22 дня назад

      It's certainly difficult for the US worker to compete with foreign labor who can do the job the same or better and at a much lower salary. Thanks for the comment.

  • @kenjiro310
    @kenjiro310 25 дней назад +4

    The problem is you get the degree then you need the experience or vice versa....I worked in IT for 10 years while going to school for a computer science degree..... companies want unrealistic expectations experience wise but there is no pathway to job to learn the skills you need.

    • @dollarbar1
      @dollarbar1 25 дней назад +1

      Yea, to be competitive you need side projects. Even then, it's all about being likeable. CS you can get away with being a mild autist, though.

    • @LaborGains
      @LaborGains  22 дня назад

      Yes, you definitely need both. Thanks for the comment.

  • @Ukrainian-woman-of-your-dreams
    @Ukrainian-woman-of-your-dreams 26 дней назад +6

    I wish that I just have an associate's degree and high school diploma.

    • @neanam
      @neanam 25 дней назад +3

      I went to seek some knowledge at the local community college.....I dropped out midway through the 2nd semester because I couldn't pass remedial math.

    • @Ukrainian-woman-of-your-dreams
      @Ukrainian-woman-of-your-dreams 25 дней назад

      @@neanam Well, it is not too late. I have no plans in going back to college. But, I am teaching myself financial education so that I can make more money and invest in the stock market.
      If you are interested in making extra money, consider investing in company stocks, exchange-traded funds (ETFs), bonds, real estate investment trusts (REITs), and other assets.

    • @obconoby7395
      @obconoby7395 25 дней назад +3

      @@neanam might be a blessing. I went to a private college called Remington. I graduated with their so called "Associates Degree" and I never got a job from it. I was on the hook for the student loans though.

    • @LaborGains
      @LaborGains  23 дня назад +3

      Thanks for sharing. I have a BS is Finance. But all my experience is in IT Project Management. All employers really wanted was a degree is SOMETHING. So why did I need a degree at all since Finace studies didn't prepare me at all for IT?

  • @teddy90636
    @teddy90636 25 дней назад +4

    At the end of the day I think colleges have a responsibility to be more honest about what jobs certain programs get you. You can't place the blame on the students when universities tell you that a communications degree will open up job opportunities in sectors like business, tech, law enforcement, education, politics, law, etc.

    • @universaltruths-l9j
      @universaltruths-l9j 24 дня назад

      Colleges will never tell you the truth. They are in the business of “selling” education…or what might be left of it. They will never tell you the truth…and they will sell you dreams.

    • @LaborGains
      @LaborGains  22 дня назад +1

      I agree that colleges should take more responsibility. Thanks for the comment.

    • @LilyGazou
      @LilyGazou 20 дней назад

      Colleges are businesses. They aren’t going to tell students the truth about careers.
      It’s easy to use the het to research careers for yourself, look up blogs, for example. This is why I knew law was not worth studying anymore unless you were going to a top tier college for it.

  • @camgere
    @camgere 17 дней назад +2

    Employers like low salaries like you like 50% off sales.

  • @Indrid__Cold
    @Indrid__Cold 26 дней назад +4

    The educational system, particularly at the collegiate level, faces challenges in adapting to the evolving demands of society. Employers seek individuals with skills and knowledge that extend beyond the rudimentary understanding of a career as it existed several decades ago. Regrettably, the emphasis on academic publications and the absence of rigorous accountability post-tenure have resulted in a learning environment that closely resembles secondary education rather than higher education.

    • @LaborGains
      @LaborGains  23 дня назад

      All very true. And at a low cost for the company. Thank you for the comment.

  • @Ukrainian-woman-of-your-dreams
    @Ukrainian-woman-of-your-dreams 26 дней назад +5

    A college degree may be worth nothing. But, the skills, knowledge, characteristics, etc. that you have on the inside can help us achieve our goals.

    • @dollarbar1
      @dollarbar1 25 дней назад

      Employers are complaining about a skills gap with graduates. This happened to me when I graduated in finance. Employers said my skills didn't fit although finance skills are cake. People skills are developed by parents in my opinion, not college. Bunch of mentally ill people in college drinking the DEI juice.

    • @LaborGains
      @LaborGains  22 дня назад +2

      Very true. For me I gained most of the skills I have from working in jobs, my during college. Thank you for the comment.

    • @Ukrainian-woman-of-your-dreams
      @Ukrainian-woman-of-your-dreams 22 дня назад

      @@LaborGains I can reassure anyone, based on my experiences, that you can learn so much necessary information, make better decisions, and achieve your goals from teaching yourself.
      More people really need to stop depending on others to give them what they need/want.

  • @Indrid__Cold
    @Indrid__Cold 26 дней назад +3

    My parents absolutely REFUSED to pay for a degree in what I call the "basketweaving" curriculum (aka, art, theater, and music). Today, for my own kids, I would add anything that anything that is remotely associated with "fun" or glamour is a no. So no sociology, art history, english, psychology, ethnic studies, women's studies, etc. In fact, if I have never personally hired someone to do what you want to learn about in, I'm probably not going to underwrite that field of study. If you want to pursue any of those things without the benefit of college, I'll provide four years of room and board. Have at it. I'll even provide some startup money for a business if you provide a formal business plan. Just know that at age 21, you’ll be paying room and board based on local going rates minus a 25% "family discount."

    • @LaborGains
      @LaborGains  23 дня назад

      Excellent parenting. Thank you for sharing!

  • @origamikatakana
    @origamikatakana 17 дней назад

    My problem is I graduated college but I've never had a "desired field"

  • @JaceFalcon
    @JaceFalcon 24 дня назад +1

    In the old world college was necessary. Now ur paying overpaid, narc administration and prof. Nothing more.

  • @Indrid__Cold
    @Indrid__Cold 26 дней назад +2

    22:51 For any college to be expected to highlight the career ramifications of taking a particular course of study runs completely counter to the higher education business model. I do believe they should make some effort to keep the curriculum career relevant. However, today's business environment changes too rapidly for any school to keep up with employment trends. What needs to change is the entire thought paradigm surrounding career choice and opportunity. I could make a very good argument that ANY degree has some level of exposure to a failed career launch.

    • @LaborGains
      @LaborGains  23 дня назад

      Fair enough. Thanks for the comment.

  • @pathoflight1156
    @pathoflight1156 24 дня назад +1

    So I use my degree (Teaching)but I regret going to college. I wish I had actually thought about it and gone to trade school. I wish I had been popular in school so the guidance counselors paid attention to me.

    • @LaborGains
      @LaborGains  22 дня назад

      It's so tough to figure out "what you want to do for the rest of your life" at such a young age. It would be ideal to be able to try out a few industries as an adult, get paid a living wage, and then go to school "to earn the big bucks." But that is not how the system works. Thanks for the comment.

  • @ChrisAthanas
    @ChrisAthanas 19 дней назад

    The thing is, those 22:25 17 year old kids are the ones paying for the tiny minority that are supposed to be there on their merit alone
    Most people do not need to be in college

  • @tarawhite4419
    @tarawhite4419 25 дней назад +1

    I just saw another video and the title was never quit quitting

    • @LaborGains
      @LaborGains  22 дня назад +1

      Nice. Thanks for the comment.

  • @milesdyson
    @milesdyson 25 дней назад +5

    I graduated in 2008 with a degree in graphic design. It was at the end of the Photoshop boom, but just in time for Bush's recession, and Obama's pathetic "recovery." That was when degrees became truly worthless. The entire landscape of employment changed in a matter of months. Entry level jobs vanished, and if you didn't have 5 years of experience doing even the slightest, most menial task/process in your field of study, you simply didn't exist. Experience is now everything and a degree is just laughable. I have never had a single job in my field of study. Going back for certifications has proven to be ineffective as I have no professional experience in my field. My only experience is in shitty and unskilled work as I was so desperate for $ just to get by. I sincerely regret my college degree and I have passionate disrespect for baby boomers.

    • @GoatZilla
      @GoatZilla 24 дня назад

      Lol graphic design

    • @milesdyson
      @milesdyson 24 дня назад

      @@GoatZilla lol ignorant RUclips punks with little brains and false egos

    • @milesdyson
      @milesdyson 24 дня назад

      @@GoatZilla lol gamers

    • @GoatZilla
      @GoatZilla 23 дня назад

      @@milesdyson instead of blaming Bush and Obama, and generalizing to all degrees, is it possible that you simply made a bad degree choice?

    • @milesdyson
      @milesdyson 23 дня назад

      @@GoatZilla no, because just about everyone who graduated at the time had almost the exact same problem. And when buddy obama announced the ACA was coming, the work week was shortened to 29.5 hours, and it took years for that to turn around for the average person. You're clearly too young to have insight on this.

  • @Indrid__Cold
    @Indrid__Cold 26 дней назад +3

    The urgency to **fill** a job today is far, FAR less than the urgency to get a job. For one thing, many employers are waiting for their AI projects, which promise to produce the same amount and quality of work with 40% fewer people, to bear fruit. If you're a manager looking to be **recognized for** their cost containment, you are already arming your team with AI tools and challenging them to "find ways" of increasing their output. Once you've identified the team members who are truly using AI to its maximum potential, you can look at **rightsizing** your team to match the new working environment. This is really going to be brutal for the average performers because they will be very easy to offload. A college degree is becoming less of an indicator of employee productivity, but when an employee shows the ability to master and creatively utilize AI tools, they display clear and present value.

    • @marcvslicinivscrassvs7536
      @marcvslicinivscrassvs7536 26 дней назад +1

      🎯

    • @FTX4816
      @FTX4816 25 дней назад +2

      Education in itself is incredibly valuable. What do you want society full of stupid people?

    • @Dulc3B00kbyBrant0n
      @Dulc3B00kbyBrant0n 24 дня назад

      feeling unsafe yet?

    • @LaborGains
      @LaborGains  23 дня назад +1

      Great assessment of what is going on. Thank you for your comment.

  • @karimbennett5651
    @karimbennett5651 25 дней назад +2

    Mine helped me get a six-figure job.

  • @flashoflight8160
    @flashoflight8160 24 дня назад

    If colleges and universities were on the hook for a 50% loss sharing agreement with the US Dept of Education until the first 24 months of student loan payments of greater than $100 are made, the useless majors would be cash only. The income based payments of less than $100 would not count towards the removal of the loss sharing.

  • @JaceFalcon
    @JaceFalcon 24 дня назад

    Gald theyre cutting salaries for jobs where u pretend to work half the day. Give to ppl who work hard/life saving jobs

  • @frankcastle2876
    @frankcastle2876 12 дней назад

    Two entire generations sold on 'HOPE' and 'BE THE CHANGE' crap. Thanks for keeping the false prophets in business. Not a single semester of college between my wife and I and we both retired at 50. Comfortably. Good Luck... ...you're going to need it.

  • @kolyxix
    @kolyxix 15 дней назад

    Colleges alone can not solve the probem, private sectoe needs to do more

  • @OwnNothingBeHappy519
    @OwnNothingBeHappy519 24 дня назад

    I completely agree, for example my dentist doesn't have a degree since it was so expensive and she just learned on the job. Although she pulled some of my teeth and now my teeth are messed up and I have to find a new dentist, I don't think a degree would have helped her that much.

  • @sunnohh
    @sunnohh 20 дней назад

    My econ degree has paid off handsomly

    • @LaborGains
      @LaborGains  12 дней назад

      Thanks for the comment! Glad to hear.

  • @brianwhite1189
    @brianwhite1189 25 дней назад +2

    You shouldn't equate number of graduates with number of job openings. College isn't job training, it's education, and education gives you the tools to manage your time, think analytically or creatively, solve problems, understand opposing or competing ideas and opinions, draw from history, complete tasks, work as a team, and many others. A college education should be free so that everyone has this experience and these tools. This is why employers have long required a college degree, it builds better employees. You're not your job, you are your skill set.

    • @johng2636
      @johng2636 23 дня назад +2

      @@brianwhite1189 it's a noble thought and workable when that education doesn't require thousands of dollars of debt. If you don't have the privilege of having come from money, you have to worry more about ROI on these degrees. Otherwise, free education for the sake of learning is available for the cost of a library card.

    • @brianwhite1189
      @brianwhite1189 23 дня назад

      ​@@johng2636Good point. Higher taxes and free or almost free college education will never fly in the US as people can't get past anything that resembles socialism.

    • @LaborGains
      @LaborGains  22 дня назад

      Great points. Thanks for the comment.

  • @robotpainter7159
    @robotpainter7159 25 дней назад

    I got an MA Degree. And that is a requirement to start my phd. A degree is not a vehicle, more like an anker point. It says I reached a level of the highest mental state at one point. At that article what you read are they writing something about if you everywhere in the world they will ask what schools you got? My answer is MA university. What is yours a story? That you read something about when you were young blablablabla

    • @LilyGazou
      @LilyGazou 20 дней назад

      You got a MA???