Let’s say a year of college costs $30k for tuition. Let’s also say after year 1 you could make $35k/yr in a very entry level job, and that goes up $15k/yr. The true cost of the final 3 years of your degree is $90k tuition + $150k lost wages + 3 yrs work experience + interest.
-
Show this thread
-
Replying to @AustenAllred @Cernovich
Your analysis is wrong on multiple levels. The most egregious is not factoring in future earning power of a degree over the next 35-40 years. It’s the only analysis that matters: the cumulative earning power, not some 4 year stretch.
2 replies 0 retweets 1 like -
Replying to @mhop1027 @Cernovich
That’s implied in saying “the cost of the degree.” Will you make enough to offset that? Depends on what a degree is worth. I don’t have one and no one cares at all.
2 replies 0 retweets 2 likes -
Replying to @AustenAllred @Cernovich
You founded your company, got lucky (yes, luck, 90% of businesses fail in 5 years or less) and want to claim that not having a degree didn’t matter to get your current job. You are the exception, not the norm. You’re beating your chest based on your singular experience.
2 replies 0 retweets 0 likes -
Replying to @mhop1027 @Cernovich
I worked at high salaries for years before founding a company
1 reply 0 retweets 5 likes -
Replying to @AustenAllred @Cernovich
Next you’re going to tell me your employees get $15k raises every year.
1 reply 0 retweets 4 likes -
Replying to @mhop1027 @Cernovich
I see people hired literally every day at high salaries with no degree
1 reply 0 retweets 2 likes -
Replying to @AustenAllred @Cernovich
That’s not the point you were making. The avg worker with a degree makes $59124 where those with a hs diploma make $38376. Math tells me you’re wrong, by a lot, and the fact that you make this claim means you stand to benefit from pushing it
2 replies 0 retweets 0 likes -
Replying to @mhop1027 @Cernovich
On a society where most competent people go to college of course that’s true. But is it because of the degree or massive selection bias?
3 replies 0 retweets 6 likes
Or what if a degree consisted of one year of study and three years of tuition-free work study?
-
-
Why be stuck in the assumption that four years has any validity? It’s arbitrary.
0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.