John Stossel - Is College A Rip-off?

Naomi Schaefer Riley and Richard Vedder join John to discuss the value of a college education. http://www.LibertyPen.com

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[Panpiper]

College is great if you can succeed at it (don't flunk out or drop out), if you can avoid going into too much debt, AND, very importantly, get a degree in something that actually matters. Art history, sociology, English lit., basket weaving, etc., and all the myriad of degrees that so many get are absolutely useless and ARE a waste of time and money. Go for engineering, business, etc., something that is actually in demand in the economy.

[dreicemoney]

i know people who earn $90,000 a year without degrees

[UltraProle21]

college is a rip off aside from a few degrees. they need to be specialized. the 4 year institution neeeds to be cleansed of idiotic liberal arts requirements that have nothing to do with someone's program. if you get a chemical engineering degree, it should take two or three years tops.

[scrambledpenis]

@ryanspeed I double majored in english and history. ouch :(

[scrambledpenis]

@HCGurl23 thank you very much for your time.

[HCGurl23]

@scrambledpenis It's in demand, because it's not an ideal area for teaching. A lot of people don't want to work with special needs children or deal with the multitude of challenges that special ed students can bring, so there are many jobs available, and it usually pays higher than core subject areas for the above reasons.

[ryanspeed]

@scrambledpenis I got mine in aviation maintenance but there's also several other good paying tech fields to go in to. I currently hold an A&P (airframe and powerplant) certificate where I can work on anything military or commercial. That field is not just limited to aircraft maintenance only. Over time you can work your way up to management and make the big bucks. What did you get your degree in?

[scrambledpenis]

@HCGurl23 I thought about going in for special education. How do you know there is a demand?

[scrambledpenis]

@ryanspeed I just graduated colege and realized my mistake. What tech degree did you get?

[ryanspeed]

@dreicemoney My friend I know people without degrees that make a $1/4 million or better!

One of the worst mistakes I ever made in my life was to go to college. I got a business degree with a 3.7 GPA that (pardon my launguage) hasn't done me jack shit!  I went back and got a tech degree...now I make 60-70K a year. Only degrees that still pay well are engineering, nursing, law or medicine. Pursue anything else nowadays and you're just pissing in the wind.

[ElJefer]

@Panpiper If you're going into debt, that's different, then I agree.