Reply to Is getting a college degree just a huge scam?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Bill mahre was talking about this on his show saying that people are paying a fortune on degrees, than waiting tables anyway, because it’s hard to find work. He also said most people don’t even need degrees. What are your thoughts?[/quote]

"Top" US schools, full pay = scam.

Rest = depends.

[/quote]

Full pay for non T20-30 privates are a scam, big time.[/quote]

No one is really "full pay" at a nonprofit college; the endowment is helping to pay.

College rankings are something of a scam; a top-whatever school isn't generally that different from a school twenty points lower, and the lower-ranked school may be a better fit for a lot of kids. [/quote]

Yes, I concur. The quality of education isn't that different, but the outcomes can be significantly different. Even among the T20, the Ivies and Stanford+MIT place much better (per capita) in top professional schools, finance, consulting, tech (generally the most profitable industries) over similarly ranked non-ivies and opens more doors to elite jobs. Top hedge funds, quant trading firms, private equity recruit ivy leaguers straight out of undergrad without even the need for a MBA. [/quote]

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