my search for the "good" life

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11.1.12

Education Improves Your Chances (and other myths of our generation)

Anonymous said...

This is yet another reason to avoid law school. If you are a 22 year old with zero debt, you have the dignity that comes from knowing you don't owe anyone anything.

Why ruin that by taking on a bunch of debt?
JANUARY 10, 2012 4:09 PM
 Anonymous said...
22 year olds don't think that way.....they are constantly sold the education improves your chances myth.
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      Anonymous said...
REALIST:

As an undergrad engineering major, I interned at a industrial research lab. My boss had a PhD and grumbled that all of the decisions about what he got to research were made by his boss, who had a MBA. That insight led me to earn my own MBA after engineering school.

While I was in my MBA program, our economics professor was explaining to us the concept of opportunity cost. He mentioned that those students who pursued a PhD in economics would never make the same money as the MBA students. Which prompted me to ask in class, "So the Economic PhD's actually failed to understand economics". My comment did not endear me to him.

Many of us working in industry have MS or MBA's that lead to well paying jobs across a wide assortment of careers. If you're not happy in your graduate program, take a look around you and see what opportunities may be awaiting you.

I still enjoy hitting my public library weekly to read up on my interests in history, culture, politics, science, etc. It's more fun, because it's unrelated to my job.

I now have a daughter in college, and what I told her was "If it's fun to do, they're not going to pay you much to do it."


I recently rethought our North American obsession with credentials when I saw this video about tribal people learning how to do dentistry in under two weeks.

http://itecusa.org/i-dent-video.html

Some people just have a natural ability to do things. Some countries don't seem to be so obsessed with the sheepskin on the wall.


This reason points to a reality that is lost on most middle-class people with academic aspirations. 

It's hard for them to wrap their brains around the fact that their high school math teachers who eat tuna sandwiches in the teacher's lounge and drive beat-up cars to work every day could possibly be living more comfortably than someone with "professor" in their job title.

It does not compute.

In their minds, professors are in the upper middle class, drive European cars, live in the nice part of town, hobnob with other people who "matter," vacation abroad, have season tickets to the ballet, etc.

Even grad students buried up to their eyeballs in their dissertations cling to this idea. They almost have to believe it to keep them going.

When reality sets in, and you find yourself envying your old teachers with their tuna sandwiches (on whom you once looked with a certain measure of contempt), you realize how hoodwinked you've been.

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