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College and University Discussion
Reply to "Is getting a college degree just a huge scam?"
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[quote=Anonymous]My college degree (from a public university, in-state, with a scholarship so I graduated totally debt free) was not a scam. It was great. My law degree was 100% a scam. Still paying it off almost 20 years later. It boosted my salary earning but has not offset the financial investment plus opportunity costs. Law school meant I didn't really start earning money until my late 20s. And I didn't get a gig in Big Law, so those first few years, I really wasn't saving a lot. My income ramped up in my 30s, but I also had to scale back a bit when my kids were born for a few years (yes, had to -- I had medical issues related to my pregnancies, plus PPD). It wasn't this consistent trajectory. Also, while I used my degree to get my current job, I don't actually practice law anymore and could definitely do my job without the law degree. The skills I used most now are management/leadership skills (which I received zero training for in law school) and research and writing skills that I learned in college (I don't do legal writing). When I make my loan payment these days, it feels like just throwing money away.[/quote]
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