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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 October 16, 2018

How to Quit Your Job That You Hate and Start Doing What You Love

How to Quit Your Job That You Hate and Start Doing What You Love

Everyone of us has a plan in our head that was taken over by family responsibilities, social pressure or sheep mentality. This made us a slave to instant gratification and started killing our plan and dreams.

There is a way to revive your plans and dreams and live a happier life. No amount of salary can exceed your desire to do something that you are really passionate about.

If you hate your job and have thought about leaving your job, here’s how to quit your job and start doing what you love:

1. Identify if you really want to quit to follow your passion

There could be many possible reasons to figure out why you are discouraged to go to work and start thinking about how to quitting your job. Figure out the reasons or signs that make you feel that you should really quit your job.

If these reasons are not related to your office environment or your ultimate goal is to pay your bills from your job, you should consider getting a new job in the same field. It’s better to be an experienced receptionist than to live a dream that is not yours.

2. Start with the side hustle and keep it going

Work after you get back home and build up your product or service enough to gain confidence to quit your job.

Build the website, write down the business plan, design your product, make marketing collaterals or do whatever it takes for you to start working full time on your new venture before quitting your current job.

You could also consider part-time working opportunities if your current job sucks a lot of your energy. This way you could save your energy and dedicate more time to your side hustle.

Ensure that you don’t quit until your new venture really demands your full time dedication. You might lose interest in your new venture if you fall short of survival money.

3. Save enough to pay your bills

If you need to pursue your passion, you need your monthly bills to be taken care of, without any worries. You must cut down on unnecessary expenses and squeeze in those extra bucks on your savings while you are at your current job. You should forget those weekend parties and social outings unless they’re meant for networking.

It makes no sense to quit your job without having any savings. Your new venture will not start paying you immediately. Starting a recurring deposit account is a good idea to start off with. Put aside a considerable amount every month as soon as you get your paycheque and forget about that money until you quit your job.

4. Write down your goals

It is important to have visual proof and a daily reminder of why you quit your job and started a new hustle.

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Write down your goals and read them at least once a week. If you are a forgetful person, create cell phone or desktop wallpapers of your goals and set them until you achieve them. Visual proof keeps you on track.

These goals are the bigger picture of what you wish to achieve in your pursuit to doing what you love.

For example, if you are wish to design the best dresses in the whole state, write it down. If you wish to fly to Mars, write it down. If you really wish to give up your career for something, it better be worth remembering everyday. Show it to yourself daily.

5. Make a plan

Write down a plan of action for the next 12 months. It’s like writing down an elaborate execution plan in your calendar. This could be a daily, weekly or monthly to-do list of your tasks to achieve your goals.

Learn how to make a plan if that’s not your area of expertise. Ensure that you know what you’re going to do next and not run like a headless chicken after two months of working for yourself.

Review the plan time and again to track your progress. This will give you a clear picture of your performance and your shortcomings.

Also, have a backup plan. Even great planners and strategists fail before achieving success. Ensure that you have a second plan if your first one does not work out as you predicted.

6. Get professional advice

Talk to experienced people in the field you want to venture out. Go to networking events and connect with people in your industry. Most people will help you out with good advice and good contacts.

Get professional courses in part time colleges. It could be great to network and the teachers can be of great help to understand more about the industry. They will help you analyse your plan and connect you to influential people.

7. Prepare yourself to put a resignation

Prepare yourself mentally to quit your job after you’ve realized the potential and prepared yourself to take a deep dive into your new profession.

Leave on a friendly note. Don’t make enemies with your bosses. These connections could help you further in your profession.

Don’t burn the bridges. It’s better to have a face-to-face conversation with your boss or reporting manager than sending a surprise mail.

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Tell them sincerely about your new venture and why it is important for you. Serve the notice period completely and work till the last day. Complete all your tasks as you would on a regular day. This will maintain your respect and keep your relationships intact.

8. Be prepared to get your hands dirty

As an entrepreneur, you have to do everything that’s needed to keep your work going.

You have to perform all the tasks needed to keep your new venture going. You have to be a janitor, an administrator, an accountant, a designer or a salesperson all at once.

There would be a point of time where you will have to perform tasks that aren’t your favourite. Be ready to perform such tasks without cringing.

9. Have no baggage

Don’t have a debt! Clear all your loans, debts and pending commitments before starting off. You want to fully concentrate on your new activity and not be bent down by loading your shoulders with any burden.

You would want to enjoy your freedom to work incessantly. No distractions whatsoever are allowed to come close to you when you are fully involved in the rhythm of development. Shun away materialism!

10. Don’t be in two minds

It’s good to analyze the best and the worst possibilities in your head, but it’s not at all good to doubt yourself.

Move ahead with confidence. It’s your life, your plan and your rules. Nothing and nobody can stop you from doing what you wish to do.

The more you start getting noticed, the more people will point fingers at you. Don’t let them affect you and create doubts in your head. As William Shakespeare said,

“Our doubts are traitors, and make us lose the good we oft might win, by fearing to attempt.”

11. Learn to handle failure

You are going to be a loser and it’s a good thing! If you fail and lose, you will learn to not repeat your mistakes and make yourself stronger with every punch you throw out.

It takes time till you start losing. The key is to not be demotivated by failure. The more the failure, the more closer you are to success.

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12. Try your hands at investing in stock market or cryptocurrency

It’s a good way to keep your side income rolling in. While you are busy building your dream project, you could invest your money in the stock market or cryptocurrency and let it grow while you sleep.

As Warren Buffet famously quoted,

“If you don’t find a way to make money while you sleep, you will work until you die.”

Find a good stock broker who has enough experience to not lose your money. Stop immediately if you are losing a lot of money. Don’t burn away your money.

13. Keep a healthy routine

It’s easy to forget about your health when you are working on something that you’re really passionate about. Set reminders about your health routine.

Exercise! Most successful people start their day early and take time out to exercise at least thrice a week. It helps you give more energy and time to your work.

Always remember that you started your new venture to be happier. Bad health will not let you enjoy your success.

Join yoga classes or learn meditation from youtube. Avoid sitting too long at one place for more than 15 minutes at a stretch, take breaks. take a walk, especially up-down the staircase as much as you can to skip age related joint pains and muscle atrophies.[1]

14. Enjoy your days off

Taking a break helps your creativity and clears your mind from clutter. You need your days off to come back afresh and take on your tasks. You can’t be working 24/7.

Remember that being able to take your days off is one of the beneficial quirks of an entrepreneurial journey. You can have a routine designed by yourself, for yourself.

Take your days off when you are too stressed and can’t think straight. Self-discipline might sound simple but practice takes ages. Schedule down time for yourself.

15. Take these steps to quit your job without burning bridges

Resume.io has this infographic about the steps you should take after you’ve decided to quit your job:[2]

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    16. Remember why you quit your job

    Lastly, remember why you quit your job and started doing what you love. There would be bad days that will make you regret your decision, but don’t let them dominate the reason why you took the plunge.

    Your soul wasn’t happy with what you were doing. Your new venture is what you always wanted to do.

    Never forget that.

    If nothing works out, you could still go back to any job you want, but at least, you’d be spared from regrets and constantly arriving “What if?” question in your head.

    So, start now and live without any regrets.

    Execution matters more than thought. Turn your dream into a reality starting today. Start small and grow big.

    Besides, it’s never too late to do what you want to do. Here’s the proof:

    How to Start Over and Reboot Your Life When It Seems Too Late

    Featured photo credit: Pexels via pexels.com

    Reference

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