6 Free Financial Modeling Lessons...and More.

(Monkey, 59

Points)

on 4/15/12 at 9:53pm

This has been going on for years. A bachelor degree is almost meaningless unless 4.0 engineer from HYSP. It has become so ubiquitous it has lost it signaling power to employers. It is like a HS degree from the 60's.

F117 wrote: This has been

Comp_Banker (not verified)

(Chimp, 0

Points)

on 4/15/12 at 9:59pm

F117:

I can't agree more

I would say that about half

BTbanker

(Senior Neanderthal, 5,336

Points)

on 4/15/12 at 10:19pm

I would say that about half of the people in college shouldn't even be there. So many kids put 0 effort into their education and are only there because of either family pressure or the fact that the government is paying for them. People think that a college diploma automatically gets them a job, but like what F117 said, ugrad degrees seem useless unless it's a 4.0 from HYPS.

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

All this article says is if

BigBucks

(Gorilla, 509

Points)

on 4/15/12 at 11:12pm

All this article says is if you can graduate from a solid college with a solid major (engr/acct mentioned here) then you will probably get a good return on your education. I don't need an article to tell me that not graduating college after attending is not going to help that much, that is a duh statement. I don't need an article to tell me majoring in art is probably not going to get me that sweet 100k/yr. corporate job, that is a duh statement. I don't need an article to tell me that going to South Dakota State University A&M is probably not a good investment, that is a duh statement.

Comp_Banker wrote: F117

swagon

(Neanderthal, 2,970

Points)

on 4/15/12 at 10:36pm

Comp_Banker:

F117:

I can't agree more

that's why I'm getting my phd in english

People who attend

BTbanker

(Senior Neanderthal, 5,336

Points)

on 4/15/12 at 10:43pm

People who attend universities outside the top 300 (ie University of Phoenix) are expecting to make $100k just because they have a degree. HS grads in their 40's that go back to school for a degree in Art History expect to get a job afterwards. If you can't get into a decent state school, you probably shouldn't even go to college.

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

Okay college isn't for

IamObama

(Gorilla, 621

Points)

on 4/15/12 at 10:45pm

Okay college isn't for everyone but to suggest to all lower high school performers to seek alternatives path is retarded. I messed around too much in high school and graduated with below a 2.5 from a shitty high school. I attended a shitty four year university for one year, got a great GPA and transferred to a decent state school. I'm now starting off in the industry this year making close to 70K, well ahead of where I would be if I followed this guys advice and sought alternative training because of my HS performance. I would probably stuck on 40k salary or lower for the next few years.

Yes, my story is not of the typical HS graduate with less than a 2.5 but if they don't try they won't end up anywhere anyway. So to suggest to all that if you are from a low quality high school with a below par GPA is retarded.

Just another example of how

JeffSkilling

(King Kong, 1,911

Points)

on 4/15/12 at 11:04pm

Just another example of how the government can so royally fuck shit up. Wayy too many kids go to college, especially the ones that get bullshit degrees in sociology and whatnot. All thanks to the fact that the government is there to give any kid on the street a $200,000 loan to study art history. If we stopped all Federal student loan programs tuitions would plummet and those that still couldn't afford it would be forced to actually go get a real job.

F117 wrote: This has been

wolverine19x89

(King Kong, 1,845

Points)

on 4/15/12 at 11:18pm

F117:

This has been going on for years. A bachelor degree is almost meaningless unless 4.0 engineer from HYSP.

I think you're exaggerating just a tad here.

If your dreams don't scare you, then they are not big enough.

"There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.

I think many low performing

(King Kong, 1,334

Points)

on 4/15/12 at 11:19pm

I think many low performing hs kids need time to develop outside of school. Many of my friends at my school are European and older (22 as a freshman). They are extremely focused and come into school knowing what they want to study and how to do it. They have had jobs after hs and have the time to decide if they're okay working a blue collar/admin job or if they want to pursue professional career or even trade school.

On that note, trade schools are undervalued in the US and I think alot of kids would find those degrees more practical and interesting to what they want to do. A lot of kids come to school and get a History degree with no fucking clue what to do with it when they should've gotten a trade degree at a 2yr school as an electrician or plumber (who actually make decent money and are a value adding member of society).

"History doesn't repeat itself, but it does rhyme."

streetwannabe wrote: I think

Binary_Bankster

(Monkey, 35

Points)

on 4/15/12 at 11:21pm

streetwannabe:

THIS!

I'm gonna get that bish some binary
Bishes love binary
---------
Kind Regards,

Bin_Ban

-4

Connor that's a huge

JDawg

(Gorilla, 518

Points)

on 4/16/12 at 12:40am

Connor that's a huge exaggeration. A 3.8 STEM degree at a decent state school can definitely get you a job.

I haven't done much research on the topic, but I like Germany's education system from what I've heard about it. Basically after 4th grade, you have a choice of enrolling at either the traditional liberal education style school (called Gymnasium) or the shorter and more practically-oriented schools (Hauptschule or Realschule). The former prepares you for college. The latter is shorter in duration (graduate after 9th or 10th grade) and leads to vocational schooling and apprenticeships until the age of 18.

Rather than force the less academically-oriented students to waste their time with the traditional liberal arts secondary education + 4 years of partying in college, why not allow them to attend vocational schooling early on? There's a reason German cars are so famous (BMW, Mercedes, Audi, Porsche, Maybach, Volkswagen)...

Also, binary_banster your pics never cease to impress me.

It's obvious that too many

harvardgrad08

(Gorilla, 606

Points)

on 4/16/12 at 12:13am

It's obvious that too many people are going to college...

Personally, I think the model that certain European countries have is what should be implemented in the U.S. That said, it will never happen because Americans are all about freedom of choice, etc. Which is great and all but ends up leading to the current situation.

In a few European countries, by the time you are in h.s. you basically get put into tracks...a kid that doesn't have the perceived academic aptitude to pursue a college degree and go into the world of law, medicine, etc. gets put on an apprenticeship track where they go to a trade school and work under a master of a certain profession - whether it's an accountant, electrician, plumber, etc. These schools are still publically funded and at the end of the day you don't end up with millions of students working on bullshit art history degrees at Wichita State. But like I said above this would never happen in the U.S. because it goes against so many of the country's core values and culture. So not sure what can be done to overturn the current situation.

Edit: Basically what JDawg said. :)

It may be tough for a kid in

(King Kong, 1,334

Points)

on 4/16/12 at 12:40am

It may be tough for a kid in 5th grade to decide whether or not they want to go to college ( I wanted to play professional soccer ), so I'm not totally on board with that perspective of the European system, even though it seems to work for them. I think American culture has effectively screwed up the way kids look at school (being smart is not cool, nerds, losers, etc.) while nearly all the foreign exchange students that came to my shit school were great in math and chemistry and physics while they seem to believe that they are average in their respective country.

In the end though, I really don't care. Nearly all my friends think I'm a loser bc I obsess over IB internships and jobs and market news and finance, but in the end, I'll be the one with the job (hypothetically and hopefully, who knows anymore) while they're working as an insurance salesman for Aflac or worse.

I think in short, college is over-attended. My parents never pressured me or my brother. I am in college and hoping to break into IB while he only obtained his GED and is working as a cook at various resorts in Montana and Alaska and getting by, but he likes it so who cares. Better than going to college and taking on debt, only to drop out after 2 years and end up doing what he's doing now anyways.

"History doesn't repeat itself, but it does rhyme."

streetwannabe wrote: It may

(Senior Baboon, 192

Points)

on 4/16/12 at 12:47am

streetwannabe:

"Filling our young people with false hopes and unrealistic goals will end up being far more damaging to their self-esteem. We should encourage kids to explore their individual talents and develop those gifts into their future vocation." Michael Franzese, retired mob boss.

tiger90 wrote: streetwannabe

(King Kong, 1,334

Points)

on 4/16/12 at 12:52am

"History doesn't repeat itself, but it does rhyme."

The opinion is a bit extreme

(Human, 10,347

Points)

on 4/16/12 at 12:54am

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

I think in the US people

(Senior Baboon, 192

Points)

on 4/16/12 at 12:56am

^^ I agree with you. I think

(King Kong, 1,334

Points)

on 4/16/12 at 1:02am

"History doesn't repeat itself, but it does rhyme."

streetwannabe wrote: ^^ I

(King Kong, 1,334

Points)

on 4/16/12 at 1:03am

"History doesn't repeat itself, but it does rhyme."

I don't agree, I think

(Senior Baboon, 192

Points)

on 4/16/12 at 1:04am

I still question how this

(King Kong, 1,334

Points)

on 4/16/12 at 1:05am

"History doesn't repeat itself, but it does rhyme."

My uncle was a hs dropout,

(Senior Baboon, 192

Points)

on 4/16/12 at 1:20am

tiger90 wrote: I don't agree,

aempirei

(Gorilla, 726

Points)

on 4/16/12 at 1:33am

My name is Nicky, but you can call me Dre.

aempirei wrote: What? Grammar

(Senior Baboon, 192

Points)

on 4/16/12 at 1:34am

tiger90 wrote: aempirei

aempirei

(Gorilla, 726

Points)

on 4/16/12 at 1:41am

My name is Nicky, but you can call me Dre.

Go Sharks!

(Senior Baboon, 192

Points)

on 4/16/12 at 1:47am

Grades are based off who can

blastoise

(Senior Neanderthal, 4,380

Points)

on 4/16/12 at 1:47am

Example: Pre-med bitches

blastoise

(Senior Neanderthal, 4,380

Points)

on 4/16/12 at 1:48am

Interesting a thread where I

Binary_Bankster

(Monkey, 35

Points)

on 4/16/12 at 1:49am

I'm gonna get that bish some binary
Bishes love binary
---------
Kind Regards,

Bin_Ban

-3

Two things. Of course you

(Senior Baboon, 192

Points)

on 4/16/12 at 1:51am

No one hates you, binary

(Human, 10,347

Points)

on 4/16/12 at 7:43am

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

In general, 90% of what you

Cola Coca

(Orangutan, 321

Points)

on 4/16/12 at 8:46am

streetwannabe wrote: =while

ChrisHansen

(Gorilla, 533

Points)

on 4/16/12 at 10:30am

"I'm the luckiest guy in the world, and when I die I want to come back as me."
-Mark Cuban

I did research with a stats

(Monkey, 59

Points)

on 4/16/12 at 1:00pm

F117 wrote: But then that

(Human, 10,347

Points)

on 4/16/12 at 1:43pm

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

I agree UFO with cost rising

(Monkey, 59

Points)

on 4/16/12 at 1:53pm

My own grammar above makes my

(Monkey, 59

Points)

on 4/16/12 at 1:55pm

I've seen a couple of jobs

Cola Coca

(Orangutan, 321

Points)

on 4/16/12 at 1:56pm

F117 wrote: I used the GI