ALL THINGS EDUCATED!

Posts tagged degree

A SELLERS MARKET

Jun04
2012 Written by Educated

Not a Buyers’ Market…

 

Has the degree industry become like the real estate industry? (And yes, I did say degree industry on purpose) Are you upside down in the return on your investment?  Did you pay more for your degree yesterday than its’ worth today? Upside-down mortgage…does that sound familiar?

 

Or perhaps the purchase of a college degree is metaphorically more reflective of the purchase of a car. What is exactly the total cost of ownership of a 2012 model college degree? The moment your drove that shiny new degree off the university lot, did it depreciate in value? If you sold your degree back to the university would you be upside- down in that car note?

 

Just like there is sometimes a great time to buy, or a great time to sell, could there possibly also be a great time to get educated?

Posted in college, college crisis, crisis, debt, economy, educated, education, education crisis, education reform, education value, finance, graduate, graduates in crisis, job market, jobs, new graduate, no jobs, recent graduate, return on investment, salary, student loans, underemployment, unemployment, university, young debt - Tagged , , , , ,

EDUCATED, BUT CANT AFFORD TO EAT!

May20
2012 Written by Educated

A while back a special aired on Food Network about the Hunger Crisis in America and it featured a particular man and his family that could not help but touch your heart. He is raising his son by himself and doing custom furniture and upholstery in his garage just to try and keep them fed. Now go back a year or two and this man had a degree in Economics and a promising career in the mortgage industry. He bought a nice home and things were going well and his education was providing him with a nice life for his son. Now fast forward the to economy and mortgage industry tanking and this man is about to have his house auctioned off and struggles to even afford to feed himself and family. This is not the case of lazy person or someone who went down the wrong path. This was an educated gentleman who followed the system and worked to receive qualifications that were supposed to benefit him in life. Unfortunately, he is not alone and many have been failed by there education. Many worked tirelessly for degrees that now enable them to at best work a minimum wage job. Something is wrong here and needs to be fixed if we ever expect education to be restored to its former glory and value.

Posted in crisis, debt, economy, educated, education, education crisis, education reform, education value, finance, job market, jobs, minimum wage, no jobs, Uncategorized, unemployment - Tagged , , , ,

Zero Unemployment

May15
2012 Written by Educated

An interesting article came out recently about zero unemployment. It claimed that the unemployment rate of certain niche degrees was 0 percent. Now of course everyone would love to graduate and find a wonderful job right away, but that’s far from reality. However, their seems to be some fields that claim their are more jobs than workers right now…hard to believe considering the economy. Students majoring in Astrophysics,Actuary Science, Pharmacology and Geophysics are said to have job offers rolling in even before they graduate. This may be true for some schools and some areas, but is certainly not the norm. Not to mention those majors are difficult and not what your typical college student dreams of pursuing. Another tricky thing to consider in the concept of zero unemployment is the fact that it does not count those students who move onto graduate school as unemployed. That is a major glitch considering that the majority of those involved in these fields go onto obtain a masters degree or higher during their education.

The point is there is really no guarantee of which education niche will land you a job right away. Even professionals in these highly sought after fields claim the abundance of jobs will change soon just like every other field as more graduates enter the job market.  There may be some degrees that are safer bets than others, but the bottom line is a higher education should be worth more than it currently is no matter what the degree focus. If you are going to spend tens of thousands of dollars and dedicate four years of your life or more to specializing in something it should pay off in some way some how. That’s sadly not the case and degree is no longer a degree and education is going to have to change if we ever want to begin to fathom a zero unemployment rate.

Posted in college, college crisis, crisis, debt, economy, educated, education, education crisis, education reform, education value, finance, graduate, graduates in crisis, job application, job market, job opening, job search, jobs, new graduate, no jobs, recent graduate, return on investment, student loans, Uncategorized, unemployment, university - Tagged , , , , , , , ,

What’s the value of a college degree? | Reuters

Apr30
2012 Written by Educated

What’s the value of a college degree? By Lauren Young

via What’s the value of a college degree? | Reuters.

Posted in college, college crisis, debt, economy, educated, education, education crisis, education reform, education value, finance, graduate, graduates in crisis, job market, jobs, new graduate, recent graduate, recession, return on investment, salary, student loans, university, young debt - Tagged , ,

Value of College Degree Reignites Argument About Whether College is Worth the Price | Moneyland | TIME.com

Apr17
2012 Written by Educated

EDUCATIONAL FINANCING

Here We Go Again: Is College Worth It?

A new report shows that Americans are investing like crazy in college savings plans. But the financial value of a four-year degree remains difficult to assess and is often disappointing.

By DAN KADLEC | @dankadlec | April 17, 2012 |

via Value of College Degree Reignites Argument About Whether College is Worth the Price | Moneyland | TIME.com.

Posted in application, college, college crisis, crisis, debt, economy, educated, education, education crisis, education reform, education value, entrepreneur, finance, graduate, graduates in crisis, job market, job opening, job search, jobs, minimum wage, new graduate, no jobs, recent graduate, recession, return on investment, salary, student loans, unemployment, university - Tagged , , , , , , , ,

Higher education: worth the investment? – The Maneater

Apr17
2012 Written by Educated

Higher education: worth the investment?

Students should examine costs and benefits when making decisions about furthering their education.

By Katie Yaeger

Published April 17, 2012

via Higher education: worth the investment? – The Maneater.

Posted in application, college, college crisis, crisis, debt, economy, educated, education, education crisis, education reform, education value, finance, graduate, graduates in crisis, job market, job opening, job search, jobs, minimum wage, new graduate, no jobs, recent graduate, recession, return on investment, salary, student loans, unemployment, university, young debt - Tagged , , , , , ,

New Graduate? No Job? Become an Entrepreneur | wltx.com

Apr17
2012 Written by Educated

New Graduate? No Job? Become an Entrepreneur

8:59 AM, Apr 17, 2012   |   0  comments

Recent college graduates face a tough job market. (AP)

- A A A +

Written by

Derry London

FILED UNDER

On Your Side

via New Graduate? No Job? Become an Entrepreneur | wltx.com.

Posted in college, college crisis, crisis, debt, economy, educated, education, education crisis, education reform, education value, entrepreneur, finance, graduate, graduates in crisis, job market, job opening, job search, jobs, minimum wage, new graduate, no jobs, recent graduate, recession, return on investment, salary, student loans, unemployment, university, young debt - Tagged , , , , , ,

This is Not Why I went to School…

Apr16
2012 Written by Educated

As I sit here awaiting for an internal mental implosion the recurring theme that plays in my head as I make goo-goo eyes at my beautifully framed Maters Degree is, I did not go to school for this! You network, intern, work hard in school and even harder for our employers and at the end of the day you graduate underemployed or not employed at all.

Just a few years ago jobs where plentiful…but what does that really mean to us today? Really think about it…according to recent studies a young person drops out of high school every 26 seconds. Yet, how many people have completed their higher education journey and are still currently underemployed if employed at all? Does this directly correlate in any way shape or form to our drop out rate?

What is so amazing through my journey I have encountered so many people with the exact same parallel of issues despite gender, race, or socio economic background, degree of study, professional background or past work experience. Why are so many people singing the same song despite endless efforts, networking, trying to get your foot in the door, window, roof…whatever it takes, even getting to know someone on the inside of the organization who can help you. We even stoop to becoming the Human Resources department personal frustration outlet! All in the name of being able to pay our bills on time, we do all those things and even more..

Posted in application, college, debt, economy, educated, education, finance, graduate, job market, job opening, job search, jobs, minimum wage, recession, return on investment, salary, student loans, Uncategorized, unemployment, university - Tagged , , , , , , , , , , , , , , , , , , , , , ,

Great Article About the Current Education Crisis!

Apr14
2012 Written by Educated

Take a look at this very informative article from philly.com

Highly educated, deeply in debt

Highly educated, deeply in debt

Debilitating college loans could make millennials the first generation in the U.S. not to do better than their parents.

By Alfred Lubrano

INQUIRER STAFF WRITER

via Highly educated, deeply in debt.

Posted in application, college, debt, economy, educated, education, finance, graduate, job market, job opening, job search, jobs, minimum wage, recession, return on investment, salary, student loans, unemployment - Tagged , , , , ,

IS COLLEGE STILL A GOOD INVESTMENT???

Apr12
2012 Written by Educated

You have to pay back the schools and loan companies, but does your degree pay you back????

College costs are skyrocketing and in turn so are graduates debts. The way the system is supposed to logically work is you take out a loan to pay for college so that you can make a better life for yourself. It used to be a logical decision to take out at least some loans for school. Now many graduates are leaving school saddled with huge debt and finding little or no employment. As with any large investment especially a loan one must consider the return on their investment. So what is the return on investment for a college education? Let’s take a look at a hypothetical scenario….

Your average public four year university cost is roughly $100000 total. Now when you add a loan to that scenario it increases quite a bit depending on your interest rate. So let’s figure you leave college with around $100000 in debt. Now in a perfect world you find a job soon and lucky enough to make an average salary of $50000. Now of course this differs with different majors and careers, but for this example we will go with these numbers. So you pay off that debt within 30 years with sizable monthly payments. That seems possible. HOWEVER, let’s use that same loan amount and when you leave college you cannot find a job or at best find one that pays $12 per hour with little or no benefits. In fact most often that job won’t even need your degree or value it. So basically you will be paying that debt off ( if you even can) for a very very long time.

My point is can we continue to justify the high cost of college and student loan amounts in this changed economy? Does a degree still hold its value? Is it a wise investment? Are you accruing debt just tom settle form the same job you could have had without a degree? Something is wrong with this picture!

If someone came to you with the same numbers and outcomes and it was for a business venture or just a financial investment in general, would you slam the door on them???

What was your return on investment?

Our calculator page can help give you some numbers that are more specific to your situation.

Posted in application, college, debt, economy, educated, education, finance, graduate, job market, job opening, job search, jobs, minimum wage, recession, return on investment, salary, student loans, unemployment, university - Tagged , , , , , , , , , , ,
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