The cost of an Ivy League undergrad degree next year….

[FlyerInHi]

If you don’t care what people think of you, then society breaks down.

I do care what my parents think of my wife. A prestigious or advance degree would help. If she were the same person but a hairdresser the opinion would be different.

[The-Shoveler]

IMO The only thing I think the PhD in engineering will get you is maybe you would get to work for SkunkWorks on the cool fusion project or maybe Boeing on the Laser ray gun LOL.

Or maybe even something cooler that we don’t know about yet.

But yea I don’t think the money will be more than a 4 year CS degree.

I don’t think Einstein gave a Sh#! about prestige after reading about him. anyway just my two cents.

[an]

[quote=flu]There comes a time when you get sufficiently old enough, you just don’t give a shit what other people think anymore.

I think that usually sets in when you’re 40 (at least it did for me). Because statistically, your life is already 1/2 over.[/quote]I came to that conclusion around 30. But I agree with you. I used to care, but after awhile, I ask myself why, and since I can’t seem to come up with a good answer for myself, I stopped caring what other people think.

[an]

Since, Bill Gates, Steve Jobs, Mark Zuckerberg are all college drop outs…

A piece of paper can’t feed you but the millions/billions in the bank can… for a very long time.

[flyer]

Agree, prestige is nice, and many people love it, but in this world, the real security basically boils down to seeing seven figures or more on that “bank statement.”

[scaredyclassic]

[quote=FlyerInHi]If you don’t care what people think of you, then society breaks down.

I do care what my parents think of my wife. A prestigious or advance degree would help. If she were the same person but a hairdresser the opinion would be different.[/quote]

lawyer acquaintance of mine had been a hairdresser previously. Went back to it ft. Made a lot more money in women’s hair.

women are definitely gonna pay for their dye job.

legal services maybe not

[Anonymous]

[quote=rockingtime]PhD in Engineering really won’t help you earn more money.
If one is passionate about research then it makes sense but from monetary stand point it does.
Even master’s in EE does not really make senses

Speaking from experience by observing few of my friends…[/quote]

PhD in any field leads to jobs in Academia if anything.

[scaredyclassic]

[quote=deadzone][quote=rockingtime]PhD in Engineering really won’t help you earn more money.
If one is passionate about research then it makes sense but from monetary stand point it does.
Even master’s in EE does not really make senses

Speaking from experience by observing few of my friends…[/quote]

PhD in any field leads to jobs in Academia if anything.[/quote]

a job in academia is like aspiring to professional sports. A nice dream but not practical 4 kids…

[Anonymous]

[quote=FlyerInHi]If you don’t care what people think of you, then society breaks down.

I do care what my parents think of my wife. A prestigious or advance degree would help. If she were the same person but a hairdresser the opinion would be different.[/quote]

All you seem to care about is how you, your wife, kids are perceived. I feel bad for you.

[Hobie]

Only school districts is where every degree equals an instant increase in salary.

[fun4vnay2]

I really don’t care what others think of me. I have my own mantra of living my life on my own term.
A lot of people think I am bit weird 🙂

[scaredyclassic]

When you don’t give a cap what people think you will immediately become more atractive

[joec]

[quote=AN][quote=flu]There comes a time when you get sufficiently old enough, you just don’t give a shit what other people think anymore.

I think that usually sets in when you’re 40 (at least it did for me). Because statistically, your life is already 1/2 over.[/quote]I came to that conclusion around 30. But I agree with you. I used to care, but after awhile, I ask myself why, and since I can’t seem to come up with a good answer for myself, I stopped caring what other people think.[/quote]

I think this is because at 30, I assume you had a stable g/f or were already married and your job was stable as well. For men, if you are married with kids, why do you need to care what other people think anymore? You don’t have a need or any reason to impress anyone anymore. Even if you get the hot girl now, will you toss your kids away and mess up your family? Guys really don’t care how you act and most guys don’t care about what other guys think. One reason why Al Bundy says “I’m married, with children!”

All your success was probably through savings and hard work, but for people who are single who don’t want to be, they care very much what other people think and spend money, act accordingly.

Also, I think most people would agree that a degree at an Ivy with a worthless degree and not really networking or anything is probably not going to be a great ROI, especially for men…but there are some jobs which require a Ph.D and I know some tech chip design and researchers who do have/need those degrees.

If you want to graduate and open a hot dog cart, yes, probably a law degree or any degree is not going to help and a waste of money.

Bottom line in all this is that it does depend on what you want to do with said degree or ivy or whatever. It’s not always a slam dunk and connections are worth a lot more, but it’s easy to see a few very wealthy business people and think biz owners are the way to go…if business was so easy, I think EVERYONE will do it since we talk to many people and everyone is ENVIOUS that we are self employed…I tell everyone to keep their day jobs and for the ones who do try, they eventually always go back to their day jobs as well. Not so easy for everyone.

I do know some biz folks myself who are just college grads, couldn’t find regular eng work and had some LUCK being in the right field/timing and made millions able to afford nice house, ferraris, etc…but I bet you will find more who didn’t make it. I also know some finance folks who had to shut down their firm and “work” for low pay at some banks because their “bizness” didn’t work.

People always look at the few successful people like Jobs, Zuck (wealthy parents I presume since both him and older sister got into Harvard), Gates (wealthy attorny dad), GoPro guy (UCSD, wealthy family) and think that it’s better without a college degree…but in reality, most people are better off having the basic degree since business is HARD and extremely cutthroat and more competitive than most jobs are. Get the best degree you can afford.

University is not that black and white and having a degree from a “better” or more highly rated university is a much safer bet in life in terms of earnings, success, married life, etc…

Is that ROI worth it? Again, it will depend…but I’d say for most people, having a Stanford or Harvard or MIT undergrad isn’t going to hurt you from getting hired while if you come out of SDSU, trying to get hired by top tech firms of the past would be easier…

[an]

joec, I never said it was easy. I just say it’s more likely to be making millions as a business owners than a W2-er. All the multi-millionaires I know are business owners. I know some well off W2-er but they’re not multi-millionaires. Of course, it requires a lot of hard work and a lot of luck and a lot of capital. But the ceiling is definitely much higher as a biz owner than a W2-er. I’m not even talking about billionaires like Bill Gates/Steve Jobs/etc. I’m talking about the people who own a bunch of T-Mobile/Sprint/etc. franchises, the people who own a small/medium size electronic manufacturing company, the people who own a successful restaurant and expand to 2-3 locations, etc.

Your assessment about when guy don’t care is pretty spot on. I was married with kids by 30.

I also agree that there are some degrees where ROI of Ivy is actually not bad. But I think the % of those degrees are minimal. So, if your kids are dead set on those fields and have the chop to succeed in it, then by all mean, go to Ivy. But for most, I would say, ROI is not there and only go for the prestige.

As for your tech comment, tell me, who would be more likely to be hired? A SDSU student who have a couple of apps/games that’s in the top 10 in the app store while graduating with Magna Cum Laude or a MIT graduate with a 2.5 GPA and have no work experience?

[FlyerInHi]

Guys do care. I was talking to my brother earlier (he’s divorced w/ kids). We do agree that we don’t want wives who’ve let go.

My 98yo old aunt puts on make up before going out of the house or receiving visitors. She get her hair in order and puts on decent clothes. Nothing fancy, but she looks respectable, much younger than her age.

As far as education goes, it’s not about ROI. It’s about the experience and how that shapes you as a person; so yes, your kids should get the best education you can afford.

I like families who put a lot of importance on education and expect their kids to excel academically, play the piano, violin… behave in a responsible. upstanding manner, and marry well into equally good families. Why not? I noticed Chinese and Jewish families are more like that.

[Author]

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