/biz/ - Business & Finance

>>15592855
>This is a misunderstanding of statistics.
You haven't used a single statistic in your post just made stuff up.

>First of all you aren't applying the cost of college and loans (which is the bad part) compared to earnings and opportunity cost in money you could spend on investments that instead get routed to your loan payment + interest.
It's median lifetime so obviously considers lost earnings. The average loan is 30k, unless you put it in bitcoin it isn't going to come remotely close to the $1 mil difference
https://www.cnbc.com/2019/05/20/how-much-the-average-student-loan-borrower-owes-when-they-graduate.html

>Second of all, it's true that most stupid or useless people don't get a college degree, but that doesn't mean that not getting a college degree is stupid or useless.
Projection, although obviously true for middle class white people who would have been strongly encouraged to go.
>Someone with work ethic and foresight is better served going for a trade or CC rather than 50% of degrees at universities that offer no upside whatsoever (like Art, History, Music, etc.).
Trades pay fuck all you can see it on the census. Even the best ones like plumbing pay less than teachers, and teaching doesn't fuck you health up.

>Also, as I said, it has gotten WAY more expensive in the past 30 years

It really doesn't matter, wow it almost costs the same as a 3 series instead of a corolla what a huge amount.

>Your stats include graduates from 30+ years ago who were actually unique and marketable in their day.
Yeah and the difference in earnings is getting larger, pic related. The market isn't "saturated" that's you making shit up without checking the reality. The difference in earnings is increasing and there is absolutely zero reason to expect this to stop/reverse.

>Most of my friends who did so are underemployed and paying out the ass for student loans.
Ancedotal and meaningless compared to statistics

>>15272944
Not true at all. Lifetime earnings with a basic bachelor's is approx double and the difference is getting larger (pic related)

>>15272941
Go to college and get a completely mediocre office job. Even if you're thick as shit this is easily possible, you'll just have to work much harder. If you're so dumb hard work legitimately won't work then as mentioned earlier you should be on disability.

>>15272976
In all seriousness this is the exact same situation with democratic and republican states. Cali and co pay a huge amount of tax, republican ones require loads of support to stay functioning. Don't see anyone complaining about this.

>>13208120
The difference is actually getting bigger. Of course, if it wasn't there is absolutely zero reason to expect significant change in the past 10 years. All your doing is making stuff up hoping it's true, when the facts are you're completely wrong.

>>13197214
The difference is getting bigger

And of course if you couldn't just Google it, there is absolutely zero reason to suscept anything has changed in the last 10 years

How many of these memers would have actually been accepted into a good one and graduated?

>>12592121
The difference in earnings is actually getting larger lol

>>12526843
>80s anymore
If any of you retards bothered looking it up, college has got more important, not less since the boomer days

>>12268397
> hurr durr college is bad

Can someone explain why this is so popular on biz? When I was at hs there was pretty much only one reason you didn't go, you weren't smart enough.

Now at 27 there is a very, very clear difference in success between the people who went and those which didn't. There are a few "successful" people who didn't go, but it's 10 percent tops Vs 50 percent for the college grads.

Data on the internet agrees. So why does /biz/ shit on it so much?

>>12243955
Are drumps in touch with reality at all?

The income thing is probably due to boomers instead of republicans simply being more successful. In fairness Dems bring more educated is likely due to college being more popular now then with boomers

What percentage of this is true, what percentage is dropout cope?

>>12033878
>realization that this shit is an absolute scam
Nothing about it is a scam. pic related

If you cant cope drop out but this will be by far the costliest mistake you make in your life. On average throwing away well over 1 million dollars

Give me ONE, I repeat ONE piece of evidence justifying this view.

This meme is said to much on 4chan and needs to be shown for what it is, dumb shit said by coping dropouts/brainlets who couldn't get in