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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 December 10, 2019

7 Strategies to Keep Employee Motivation High

7 Strategies to Keep Employee Motivation High

Highly motivated employees are essential to the success of any business. Most people spend a third of their lives at work.[1] That’s a significant amount of time away from home, apart from the people who make us happy and the things we love to do. So keeping employee motivation high is essential for creating an office environment that gets the best out of our people.

But do you know what motivates your people?

It’s simple:

  • Is their work stimulating?
  • Does it challenge them?
  • Is there room to grow, a promotion perhaps?
  • Do you encourage creativity?
  • Can they speak openly and honestly with you?
  • Do you praise them?
  • Do you trust your staff to take ownership of their work?
  • Do they feel safe in their work environment?
  • And more importantly, do you pay them properly?

Every one of these factors contributes to the general happiness of your employees. It’s what motivates them to come into the office each day and work hard, hit goals, and get results.

In contrast, an unmotivated employee is typically unhappy. They take more sick days, they’re not invested in seeing your business succeed, and they’re always on the lookout for something better.

Stats show that 81 percent of employees would consider leaving their jobs today if the right opportunity presented itself.[2] So it’s up to you to set aside time and energy to create a work environment that benefits every one of your employees.

These seven strategies will help you motivate your people to consistently deliver quality work and, more importantly, to stick around for the long term.

1. Be Someone They Can Rely On

You rely on your people to turn up to work each day, to come to you when they have a problem they can’t solve, to be honest, and to always engage professionally with customers.

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But this is not a one-way street. You, too, need to be someone your team can rely on. They trust you to have their backs when a client is unreasonable, to know that the decisions they make are in your best interest, and to make good on your promises.

If you say you’ll attend an important meeting, be there. If your company makes a profit and you’ve said you’ll pay a bonus, pay it. The goodwill of your people is something you never want to test, let alone lose.

Be reliable; it’s astounding how much this motivates your people.

2. Create an Awesome Company Culture

There’s no denying that company culture trickles down from the top. Your leadership and attitude massively influences the attitudes, work ethic, and happiness of your staff. If you’re always stressed-out, overly demanding, and unreasonable, it’ll create tension in your office which will adversely affect your employees’ motivation levels.

In fact, the HAYS “US What People Want Survey” found that 47 percent of staff who are actively looking for a new job, pinpoint company culture as the driving force behind their reason to leave.

So if you have high staff turnover, you need to determine whether your company culture might be the motivating factor behind your churn rate.

Here are four ways to build a culture that keeps your employees highly motivated.

  • Be conscious of the image you present. Your body language and attitude can positively or negatively impact your employees. So come to work energized. Be optimistic, friendly, and engaging—this enthusiasm will spill over to your people and motivate them to be more productive and efficient.
  • Appreciate your people and be reasonable. Celebrate your team’s achievements. If they’re doing a good job, tell them. Encourage them to challenge themselves and try new things. And reward when deserved. If they’re struggling, help them. Work together to find solutions and be a sounding board for their ideas.
  • Be flexible. Give your people opportunities to work remotely—this is highly motivating to staff, particularly millennials. They don’t want to be battling traffic each day on their way to work. They don’t want to miss their kids’ baseball games or ballet rehearsals. Stats show that companies that offer flextime and the ability to work from home or a coffee shop have happier and more productive employees.
  • Create employee-friendly work environments. These are spaces that inspire and ignite the imagination. Have you ever been to Google’s offices? No headquarter is the same. From indoor slides and food trucks, to hammocks, and funky work pods on the wall, gaming rooms, and tranquil interior gardens, there’s something for everyone. It’s a space where people want to be, catering to their need for creativity, quiet, or team building; you name it.

So take a look at your company culture and ask yourself, Is my business an attractive workplace for talented professionals? Does it inspire commitment and motivate my people? What could I do to improve my company culture?

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3. Touch Base with Your Team Weekly

Make time for your people, whether you run a remote business or work in an office, set aside time each week to talk to your people one-on-one. It’s non-negotiable.

When there’s an open line of communication between staff members, work gets done. Don’t believe me? A study by Gallup found that 26 percent of employees said feedback from their leaders helps them to do a better job.[3]

Your people want to feel trusted. They want to take ownership of their work, but they also need to know that when they have a question, they can reach out and get answers. If you’re unwilling to make yourself available, your team will quickly become unmotivated, work will stagnate, and your business will stop growing.

So block off time on your calendar each week to touch base with your people, even if only to let them know that what they’re working on matters.

4. Give Them the Tools They Need to Do Their Jobs Well

Imagine trying to run your business without electricity. How would you contact your clients? What would happen when your phone or computer battery died?

Technology is super critical to the success of your businesses. It allows you to work more efficiently, to be more productive, and to handle matters on-the-go. That’s why you need to give your people tools that will make their jobs easier.

Make sure their equipment is in good working condition. There’s nothing more frustrating than a laptop that takes ages to boot up. It’s got to go. Replace outdated software with new software. Don’t make your designer work in Coreldraw; give them access to the most up-to-date version of Adobe Creative Suite. Take it a step further and buy them a subscription to Shutterstock or Getty Images.

Make working for you a pleasure, not a pain; and watch your employees’ motivation levels rise.

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5. Provide Opportunities to Learn and Upskill

Would you believe me if I told you that 33 percent of people cite boredom and a need for new challenges as the top reason for leaving their job?[4] If you want to retain your talent, you need to upskill.

Thanks to technology, we live in a rapidly evolving world that demands we change with it. A copywriter is no longer just a writer; they now need to be experts in SEO, Google Adwords, CRMs, and so much more.

A pastry chef needs to be a food stylist, photographer, and social media manager. An entrepreneur needs to be a marketer—or at least take ownership of the marketing message for their business—if they hope to scale.

Technology makes all of this possible. No matter your location, your people can continuously expand their knowledge and gain new skill sets—something that’s highly motivating to employees. They want to know that there are opportunities to grow and develop themselves.

If you won’t invest in your people, then your business becomes just another job to tide them over until they find where they truly belong. So be the company that sees value in developing its people.

6. Monitor Their Workload

Overworked employees tend to be unproductive and unhappy. Your people cannot be at full capacity every day, month to month. Something’s got to give. They’ll become deflated and their work will eventually suffer, which will negatively impact your business.

What I like to do is implement a traffic light system. It helps me to keep a finger on the pulse of my business. So there’s red, yellow, and green:

  • Red means they’re fully loaded.
  • Yellow means they’re busy, but they can potentially take on more.
  • Green means they haven’t got enough to do.

I use this traffic light system because I don’t want my team members to be stressed out of their brains all the time. If they are, they won’t make good decisions and they won’t do good work.

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If my people are regularly overloaded, I have things to think about. Perhaps I need to hire a new person to help ease the load or take a closer look at what projects are good to go, and which can take a back seat.

And this is why #3 is essential. If I’m regularly engaging with my people, I’ll know that while they’re coping with their workload, it is impacting their performance and health, and I’ll take action.

7. Don’t Mess Around with Your Employees’ Pay

Never mess around with your people’s salary. As a business owner or high-level manager, it’s easy to forget that most people live from paycheck to paycheck. Delayed compensation can mean a missed bill payment, which could result in costly penalties they can’t afford or hits to their credit score.

So it’s your job to ensure that you pay your people on time.

The Bottom Line

A motivated team is an asset to any business. These people never give up. They get excited about coming to work each day and can’t wait to test a new theory or tackle a particularly tricky challenge. They’re proud of the work they do. And more importantly, they have no reason to leave.

Wouldn’t you rather be part of their success story than the business that drove them away?

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Featured photo credit: Emma Dau via unsplash.com

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