WILL A COLLEGE DEGREE PAY OFF?

#colleges #universities #CollegeDegrees #jobs #JobPromotions #CollegeDebt
“I was a human resources professional for 20 years. But, I reached a ceiling.”
That quote, from a lady in a TV ad for the University of Maryland Global Campus, tells the story of how she has been able to pursue a good career until recently, when, apparently, she no longer qualified for advancement without a college degree.
So, the ad says, she went to UMGC to get her degree, and it is paying off.
When you couple that story with a column by George Will of the Washington Post talking about the declining value of college degrees, as well as other ads about paper ceilings, it paints an interesting picture of today’s world.
As Will points out, some jobs today that don’t appear to require a college degree suddenly require them.
Will’s column was also published Aug. 31, 2025, in The Atlanta Journal-Constitution.
In the past few decades, we were all told that a college degree was essential to getting a good job – or, at least, one that would be more likely to put you in an office than outside doing hard physical labor.
But, over time, college degrees have become unaffordable for many – so much so that many students had to incur debt that they may spend a lifetime trying to pay.
If you are fortunate to go to law or medical school, you are more likely to be able to pay off that debt in a relatively short time, presuming you are successful in either of those professions.
But, the job market for other degrees can be a bit unpredictable. If you need debt to finish college, you had better have reasonable assurance of a good income afterward to pay it off.
The need for people in the trades, like plumbers or electricians, is much more acute in many places.
Those jobs do not require a four-year degree, but they do require trade school, certifications, licenses etc., that are much less costly than college.
And, of course, those jobs require sometimes hard physical labor.
But, if you are good at your trade and you are reliable to your customers, you can make a better living than a lot of people with four-year degrees.
When college degrees were rare among young people, companies hired those with degrees, regardless of what the degree was in, then trained them for the job(s) they wanted them to do.
But, on-the-job training is harder – and more costly – for companies these days. They expect their workers to know what they are doing on Day 1.
The lady in the UMGC ad probably was very capable of doing the job she was striving for without a college degree. But not having a degree made it much easier for the hiring manager to reject her for that job.
Also, colleges pride themselves on their “elite” status in society and community. In today’s milieu, politicians want to cut out that elite status colleges have by threatening their government grants. That’s way too extreme a reaction.
It may be best to let colleges and universities conduct business as usual by giving them their research grants etc. They perform a great function in society by doing that work.
But, the average student is getting priced out of the college market. The colleges will have to do something to find the balance between teaching and research.
The average student may want to rethink his or her life options as he or she decides how to make a living, and what he or she has to do to get there.
Peter

STUDENTS’ FEELINGS AT FOREFRONT OF DIFFERENT CIRCUMSTANCES

#StudentAchievement #MeritCommendations #schools #education #competition
Thomas Jefferson High School in Fairfax County, Va., favors student “equity.”
As a result, TJHS and other secondary schools in that county chose not to promptly disclose that students had won Merit Commendation awards from the National Merit Scholarship Corp.
There were 230 affected students in total, who did not get the news in time to include it on college applications.
Why? Most of the commended students were Asian-American. Other non-commended students’ feelings might be hurt.
Washington Post columnist George Will discussed the Fairfax case in a column that was also published Jan. 22, 2023, in The Atlanta Journal-Constitution.
In other school districts, some books are being banned and certain historical facts are not being properly taught, or even disclosed, because the majority white students might feel ashamed to be white.
The first instance is a matter of competition. There are some winners. Others should not feel like losers, but, to put it bluntly, they didn’t make the grade.
It may not make them any less smart, but they didn’t make it. As Will points out, do school track meets not declare winners because it might make the other competitors feel bad?
Students will learn, either in school or outside, that they will have to compete for things, such as jobs, college admissions etc. They may not always win. They may as well learn that lesson sooner rather than later.
It’s tough to see “equity” in not telling students that they won something legitimately. Most of the winners’ schoolmates are likely to congratulate them, even if they may be disappointed that they didn’t win themselves.
The second instance is a matter of deprivation of learning. Students should know about the behavior of their forebears, even if it may not have been pleasant, or commendable.
Rather than make them feel bad that they are white (and privileged), it might make them think about how they treat others. It might make them more empathetic to schoolmates whose upbringing may have been filled with discrimination and lack of privilege.
In either instance, schools should do the right thing, regardless of how it might make some children feel. Most children are resilient. They will get over temporary feelings. Schools do a disservice depriving students of information that they deserve to know.
Another lesson here is that if Asian-American students do so well on Merit tests, find out why that is. Perhaps their parents and their culture make educational achievement a top priority. There is certainly nothing wrong with that.
There could be an argument here that book education by itself doesn’t always create the best people. The A students often end up working for the C students, as the adage goes.
It is also argued that certain cultures put too much pressure on students at too young an age.
More likely, the students put the pressure on themselves, since parents can’t MAKE them succeed.
Make no mistake. History has shown cavernous opportunity and achievement gaps among students of certain races and backgrounds. If we want to correct those, we should find ways to close the gaps by helping the underachievers, without depriving achievers of their rewards.
We can also learn that the U.S. is a multicultural society that includes people of many races, backgrounds and circumstances. In that milieu, students, sooner or later, will learn that not everyone is like them. They will either adapt to that, or try to disrupt that in some fashion.
Such disruptions will help no one and hurt many. Do you really want your child to become that sort of disrupter?
Peter

TRANSACTIONS AND ACCOMPANYING FEELINGS

Parting with money is difficult in most circumstances.
But if we trade money for something we really want, it can bring a certain amount of pleasure.
Washington Post columnist George Will once talked of “consensual transactions,” to differentiate between those in the private sector and taxes, which no one likes.
But there are many different feelings we can have when parting with our money. Not all “consensual transactions” are made with pleasure.
Hated transactions in the extreme are forced transactions, like taxes and fines. When someone robs you, and forces you to give him money, that’s another forced transaction.
Other transactions that displease to a lesser degree. If one’s car or refrigerator breaks down, the transaction to repair or replace it is not necessarily forced, but they are less than “consensual.” One would have difficulty living without refrigeration or transportation, so one must do what one must do. They can leave the consumer vulnerable, because circumstances dictate a purchase, at almost any cost.
Other transactions give you something you need, but anger you because of the cost. Gasoline, utilities and the like can cost you too much. Again, it’s difficult to live without those services. These are the expenses you look to minimize. Paying less for necessities can bring a certain amount of pleasure.
Consensual transactions in earnest might be the cup of coffee you buy each morning, or the decadent pastry you might buy with it. You don’t think about the cost, only the pleasure you’ll receive after consumption. These costs, though, don’t seem much at the time, but can really add up over time. Making your own coffee at home, or buying pastry in a grocery store — if you must eat pastry — can give you just as much short-term pleasure at a lower cost.
Real pleasure transactions might be that dream vacation you want to take. They might be that big-screen TV or other gadget that you’d always wanted. Sometimes, you want things so badly it doesn’t matter what they cost.
But these pleasure transactions can lull you into paying more than you should, or can lull you into buying something you really don’t need, or can’t afford. Make sure that purchases in this realm fit well into your income. Also, don’t scrimp on things like saving for retirement to buy a big-screen TV or take a dream vacation. You’ll pay dearly for that down the road, if you do.
It boils down to looking for value in every transaction. It also comes down to behavior and choices. Good behavior and smart choices can keep more of your money in your hands. Don’t go without affordable pleasures, but don’t overdo them either.
We all would like to earn more, and spend less. For one of the best ways to do that, visit www.bign.com/pbilodeau. Pleasure abounds when more money comes, and stays, in your hands.
So not every “consensual transaction,” as Will might define it, is desired or pleasant. If you are in business, you would love people to find pleasure in giving you their money. Make sure if you have to work with less-pleasant transactions that you minimize the displeasure. If you work with pleasurable transactions, take advantage with care. People don’t want to feel ripped off, no matter what they are buying. Learn to take “no” for an answer, and don’t try to sell someone upgrades they don’t need or want.
If you collect taxes or fines, ease the payer’s discomfort as much as possible.
Not all transactions are consensual. Let’s make sure yours are, at least, sensible.

Peter