Another Opinion on College ROI- Matt Walsh Blog

Getting a college degree using loans  without knowing that the degree will cover the cost to  pay back those loans is not career planning- it is financial suicide.”– Speaking of Precision

Matt Walsh asks some unexpected questions about the value of getting a college degree for the sake of getting a college degree.

Matt Walsh crop

You can read his blog here.

In my teaching at the university, I help my students learn that critical thinking is “recognizing and challenging assumptions.”

Matt sure does a good job of this in this post. Excerpts:

“I recently had a conversation with a friend who’d been laid off at his job. The guy is just barely 27 and he already has about a decade of full time work experience under his belt. He’s incredibly competent and skilled, yet he’s finding it extremely difficult to land a new job because he doesn’t have a college degree.

“The guy even got passed over for retail management gigs due to the lack of a college education, even though he has 7 years of retail experience and there is no conceivable reason why college ought to be a prerequisite for a retail chain.

Like I said, not a shocking story. But at what point do we, as a society, put an end to this madness? At what point do we stop arbitrarily requiring a massively expensive 4 year degree as a entry ticket for jobs that have NOTHING to do with whatever you learned in college?”

Speaking of Precision: I teach in a university as an adjunct professor. Two of my children have earned their college degrees. Their degrees have already paid off their cost to aquire. Our family had a plan that assured they would get ROI (Return On Investment) from our investment in college education.

Getting a college degree using loans  without knowing that the degree will cover the cost to get it is not career planning- it is financial suicide.

Here is Matt again:

Outside of a few specific professions, your ability to succeed in the vast majority of occupational fields should not depend on your liberal arts degree. Should not. But it does, because that’s how it is. Why is it this way? Because. Just because.

Throughout the past several decades, our country has developed a system. That system, I’m informed, requires virtually every 18-year-old to purchase a 70 thousand dollar education and spend four years playing beer pong in their friend’s off campus apartment, before entering the working world without any practical experience doing anything productive or valuable. We give out massive loans to kids who don’t have jobs, let alone financial assets of any kind, and celebrate while millions of young people begin their adult lives drowning in a river of booze and debt.

If you know what you want to do, go do it. Maybe you should look into a trade school first, or maybe you should just dive in.

“If you don’t know what you want to do, get a job doing something until you figure it out. Only a reckless person would spend money on an expensive college education when they haven’t the faintest clue what they’ll even do with it.

“You learn what you are meant to do by doing things.

“So go do things.”
Read  Matt’s full post at  My Fellow Americans

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This entry was posted in Credentials not debt, Info you can use, Learn as you earn, Manufacturing Careers and tagged , , , , , , , , , . Bookmark the permalink.

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