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5 Reasons Why Your New Bachelor’s Degree Is Worthless

5 Reasons Why Your New Bachelor’s Degree Is Worthless

With the increasing cost of college tuition, student loan debt, job scarcity, and opportunities for entrepreneurship online, is it any wonder that grads are wondering: “was getting my degree worthwhile?”

Well, that’s up to you do to decide.

5 Reasons Why Your Bachelor’s Degree Is Worthless

1.) Academic Inflation

In 1970, only 26% of middle-class workers had education beyond high school. Today, almost 60% of all jobs in the US require a higher education. Your new bachelor’s degree is becoming increasingly worthless as more and more people graduate from college, as jobs that used to need only a bachelor’s degree now prefer master’s degrees.

If the excess of bachelor’s degrees wasn’t enough, now we have an increase in master’s degree students who have decided to stay in school to wait out the recession: not only have you gone to school to earn a commodity, it’s now a sub-standard commodity.

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It’s only a matter of time until you’ll need a bachelor’s degree and a certification to mow lawns—there go all the summer jobs for kids.

2.) The Illusion of Safety

What used to be a guarantee of safety and stability has recently turned into an exercise in musical chairs. There aren’t enough jobs for everyone, and you find yourself scrambling to not be the odd man out.

According to a CNN article, less than half of college graduates under the age of 25 are working at a job that requires a college degree. The same article mentions a 2012 study from Georgetown University’s Center on Education and the Workforce titled “Hard Times: Not All College Majors are Created Equal,” showing that bachelor degree grads have an unemployment rate of 8.9%.

3.) Drowning in Debt

On average, the cost for one year of attendance at four-year public college or university costs 40% of a family’s income, and on average, approximately 40% of students leave school with a debt of $22,000. If you’re from a family that earns between $40k and $50k, that number jumps to $28,000.

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Middle-class families will have more debt from student loans than their upper-class peers, who can pay for their education outright, and their lower class peers, who often qualify for grants and financial assistance. You might even end up being the one paying $1,000 a month for 20 years just for four years of school.

4.) The Source of Creativity

People seem to think that the simple act of attending college makes you more innovative and creative. That’s simply not true.

Creativity and innovation don’t come from what people teach you: new ideas come from your personal experiences, and your interaction with your environment.

5.) Your Professors Aren’t Concerned About Your Education

I know people who graduated with a degree in engineering who couldn’t do a derivative. I’m not joking.

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Many professors are far more interested in tenure and their research than they are about making sure you get the best education they can possible give you. They grade you on curves so you can’t possibly fail, and the curriculum never changes. In fact, one study showed that 45% of students  are no better at critical thinking, complex reasoning, and writing after their sophomore year than they were when they began.

5 Reasons Your New Bachelor’s Degree Was Worth The Effort

1.) You’ll Be Better Off With One Than Without One

Although getting a degree isn’t the golden ticket to success anymore, it’s still a rite of passage in America. If you do need to get a job, having a degree can only help you—not only will you have more options to choose from, but you’ll also get paid more. It’s estimated that a degree is worth $1.3 million in additional lifetime earnings.

2.) Head-Fake Learning

College is about more than book-learning: it also teaches you how to think. It’s about learning how to become a leader and how to make impossible deadlines work on 3 hours of sleep.

If you take advantage of everything higher education has to offer, it’s an opportunity to learn how to initiate change, negotiate and experiment in life without any dire consequences.

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3.) Experience

Going to college really is a once-in-a lifetime experience: living in a dorm room, having all-night study sessions…it’s not something that you can put off. Education you can get at any time, but this experience you can really only get once. Once you’re older, you mature too much to take the kinds of risks that are taken in college.

You fundamentally change as a person during the course of those four years. Anyone who’s gone to college and has friends who haven’t know what it’s like to go back home and realize that their old friends are exactly the same as they were four years ago. I’m not saying that people who haven’t changed are somehow worse off in life, I’m saying that if you want to experience that kind of world-view change, college is the best place to do it.

4.) Intellectual Stimulation

It’s not until after college that you realize how mentally stimulated you were every single day. You were learning new concepts from half a dozen different subjects every single day; you could pick what you wanted to learn about next semester using electives, and at any given point, you could meet someone on campus who could completely alter your world-view with a single conversation.

5.) It’s Really Fun

You have your entire life in which to work: even if you end up being self-employed, work is never going to be as carefree as college was.

A college degree doesn’t guarantee security,  just as not having a college degree doesn’t guarantee failure. When making the decision whether to attend or not, check the facts as they pertain to your individual situation. If you do go to college, it should be for more than just getting a good job and making money; that may not happen for you. It should be for the experience, intellectual stimulation, and all the things you learn in tandem with your classes. Don’t depend on a company to save you—save yourself by getting the most out of your four years at school.

Featured photo credit:  Students throwing graduation hats in the air celebrating via Shutterstock

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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