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5 Bumps

With the Economy as it is, is a college education worth it?

With the economic decline the economy is at a point where there are less job opportunities degree or not. Seems like every day major companies are beginning to go under and with the demand for jobs exceeding the demand for workers is having a college education really worth the money and trouble?


Asked by Anonymous at 3:15 PM on Mar. 18, 2011 in Politics & Current Events

This question is closed.
Answers (29)
  • Considering many jobs won't even look at you without that degree? Yes. It's STILL worth it.

    Answer by gdiamante at 3:18 PM on Mar. 18, 2011

  • Very much so.

    Answer by Carpy at 3:31 PM on Mar. 18, 2011

  • Absolutely!! Unless one wants to follow a trade like: electrician, plumber, welder.. or the like.. Then one should really sign up to be an apprentice with a local organization.

    The reality is this. One of the main reasons businesses here in the US use to get the government to allow more and more H1B Visa recipients is that their claim is that there are not enough qualified/educated people here in the US to feel the positions they need filled. Though part of that rationale is bunk (reality is most on H1B's work for much less than their equally qualified American counterpart). There is a need in many areas for degreed persons.

    Also, many fields will not even look at someone without a degree of some sort. In some areas it will become hard in the next decade plus to even get a McJob without a degree because of globalization and the influx of workers from other parts of the world with degrees, outsourcing,offshoring ect..

    Answer by pixie_trix at 3:40 PM on Mar. 18, 2011

  • It's even more important now.

    Answer by itsmesteph11 at 3:28 PM on Mar. 18, 2011

  • It creates more opportunity than without it so I think yes. If there is a shortage of jobs wouldn't you want to qualify for as many as possible. Not only that but a lot of companies don't even necessarily care that your degree is relevant to the job just that you have one. I was a psych major and ended up in the business management field lol.

    Answer by kayslay at 3:32 PM on Mar. 18, 2011

  • It has been for me. Almost immediately upon completing Grad school i was offered a position that almost doubled my income. Without an M.S. I wouldn't have been eligible to apply for the position.

    Was school ridiculuously expensive, sure, but i'm going to be making more money doing a job that i love love love so I can't complain.

    Answer by UpSheRises at 3:54 PM on Mar. 18, 2011

  • More than ever - going forward there will be fewer and fewer manufacturing jobs, only service industry. The degree determines if the service you provide is waiting tables or if it's fixing engines or computers.

    Answer by NotPanicking at 3:55 PM on Mar. 18, 2011

  • NP used the key term "service Industry".. The greatest job growth in our nation for over a decade has been in "Service Industry" jobs. Service Industry jobs are traditionally: low wage (usually starting at Minimum or just above and not going much higher), low to no benies, more PT/Contract/Temp employees than full time benefit eligible employees, little to no advancement (especially if you do not have a degree.. unless of course one doesn't mind working 20 years just to make low level to middle management, and so on.

    That has been the biggest growth industry in our country since we have gone from a manufacturing based economy to a consumption based one. This is also one of the reasons for our economic decline, if people aren't making enough money to have spendable disposable income, there isn't money being pumped into an economy that is dependent on people spending money to keep going. It's a nasty spiral to be caught in

    Answer by pixie_trix at 4:02 PM on Mar. 18, 2011

  • The economy is the reason I am back in school. I think a degree is worth it.

    Answer by Orionsgirl at 3:22 PM on Mar. 18, 2011

  • Yes! Everything that you can add to your resume arsenal is a +- Especially if you want to be GLOBALLY competitive-


    Answer by Sisteract at 3:25 PM on Mar. 18, 2011