Tag Archives: Degrees

The Most Expensive Degree Ever

48%

The Most Expensive Degree

Do you know what the most expensive degree you can get is? I’ll give you a hint, it isn’t medicine. No, it isn’t law either. Fine, I’ll give you another hint; it’s one of the most common degrees in America; in fact, 48% of all college graduates have this type of degree.

Give up?

Okay here it is. The most expensive degree is…

(Drumroll please)

…the degree you don’t use.

That’s right; the degree you don’t use is the just about the most expensive degree you can get.  I recently read an article on Forbes that stated that 48% of bachelor level college grads in the U.S. are working in jobs that don’t even require a four year degree. That’s almost half of all college graduates that went to college and got a degree only to ignore it completely.

It makes sense though.

At 18, high school students are being ushered into the higher education system with very unclear plans for their future. Honestly, how much time do you think most students get to spend with their guidance counselor?

How much did you spend with one?

Have a Plan

A lot of young adults are getting ready to head off to college without knowing what they want to do.  They are going because it’s the path of least resistance or maybe they are going because they’ve been told it’s the key to success. They are kind of right. A degree is important, but it’s not the key to success it’s a key to success, and it’s only a key to success if it aligns with your passions and your talents and if you have thought of a feasible way to make money using the degree after you get it.

You don’t want to be one of the 48% of graduates who spent 4 years and a boat load of money on a degree you aren’t going to use.  Have a plan in place. Identify your passions and talents. Choose a degree that is necessary to get you to where you want to be. Spend some time thinking about what you want to be doing with your life before you start filling out college apps.

There’s no such thing as too early to start planning for your future.

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You Can’t Go Further

I was driving to the store the other day to return a Redbox movie and saw this sign on a massive billboard down town. “You Can’t Go Further Without A Degree.”

You Can't

I drove past it and thought to myself, “Wow. That is a really bold and really depressing statement.” I returned the movie and drove back the way I came, but this time I stopped. The billboard was in the parking lot of a fairly busy Little Caesar’s Pizza place and a video rental store. I got out of the car and stood their looking at the sign. I took my picture and thought of all those poor people who are trapped and can’t go further without a degree. Then I thought about all those poor people who have a degree and work at Starbucks. Then I smiled, got back in my car, and went home.

The really sad thing is that there are actually people that believe this sign. They believe that if only they could get a degree they could be successful. It doesn’t matter what the degree is. Somehow if I get that piece of paper, businesses will flock to me and throw job offers at my feet. I’ll be rich and famous and run faster and look better if only I had a degree.  The fact is; degrees aren’t holding you back.  You are the only thing that can hold you back. Don’t be a victim. You can be successful without a degree. You just have to have a plan and be intentionally about it. If your idea of success is lots of money; I have a lot of friends without degrees who are making way more than those with them.  If you think success is job security and freedom, I also have a lot of friends with degrees who have been waiting for years to find a job that actually uses their degree.

I’m not trying to discourage you from going to college at all. It is a very important part of a lot of people’s plans for success. What I’m trying to say is that it is not essential in everybody’s plan for success.

The point is, you need to have a plan and you need to know what success means to you.  The sign would be more accurate if it said “You Can’t Go Further Without A Plan.”

Remember:

Identify your passions, understand your talents, and create a profitable economic model that serves others. Do this and you can’t go wrong.

I would love to hear from you. What do you think about this sign? Is it true? Leave a comment and tell me what you think.

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