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In a dramatic shift, Americans no longer see four-year college degrees as worth the cost
(www.nbcnews.com)
this post was submitted on 28 Nov 2025
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My field requires a graduate degree and a board and fieldwork. I just paid it off at 38.
As someone absolutely killing themself to barely tread water with a fairly well paying job after getting a graduate degree, the kids are unfortunately correct.
I recall a podcast I listened to years ago talking about some schools trying out a new model that worked something like...
Instead of taking out a loan, you just enter into a contract with the school that x% of your paycheck for the first z years after graduation go to the school. Kinda like child support.
Get an unemployable degree and now your making burgers for minimum wage? Then you don't owe anything.
Get an amazing job that pays a ton? That degree is going to cost you.
Now it's in the school's best interest to A) offer degrees that are actually worth something instead of misleading students down a dead end path, and B) help students find and keep good positions after graduation.
It sounded awesome. But what I found infuriating were the people they interviewed that benefitted from the program, now had fantastic high salary jobs, and were whining about how much they were having to pay for the education and program that got them into that high paying job in the first place.
The issue with this is that knowledge should be it's own reward. Where I live college costs a pittance. If you want to study fine art, that course should be available and is.
What you're suggesting sounds great in a very practical respect but would only further benefit capitalism at the cost of wider knowledge. Many of the things that are worth learning in life to so many would immediately disappear from college curriculums.
The goal should be to make third level education cheap enough that anyone can do it without crippling themselves financially.
I proposed this to a boomer 15 years ago and man was he so angry at the thought of wages being garnished to pay loans for 10 years.
Like how does that change the situation if I have to pay regardless? If anything it might be great for me to reduce my taxable income.
Duh, civilized countries make education free because it;s a net win for the country. If your politics makes that a bad, dunno, sorry for your loss...
Spot on! Not only for academics, but most 1st World countries have superb apprenticeship programs for the trades.
I was going to make a similar point. More people with college degrees is a big win for any society. And lots of degree programs are incredibly valuable even if they aren’t training for a specific job. The problem is we’ve set it up as a direct profit choice for the individual.
25% of unemployed Americans have a 4 year degree
So 75% don’t?
It would be more interesting to see the comparison between unemployment rates among 4-year-degree-holders and unemployment rates among non-4-year-degree holders
2.5% for 4 year degree holders
4.2% for those with only a high school diploma and 6.2% for those without a high school diploma
Thanks!
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(1 replies)
Its 2025 are we seriously still taking "polls" as fact?
Well they made college and grad school cost upwards of 200k+ so no shit
"They" are the ones who want less education. Uneducated people are more easily controlled.
Someone tried telling me that "they" in parenthesis is antisemitic. Who invented this? I don't know. Probably "them" to get people to dismiss the discussion.
That's (((they))) or """they""" generally, as a not so subtle dogwhistle.
Just 'they' usually means, you know, like, uhh, The Man. TPTB. The Swamp, oligarchs, and sometimes for the Q klan, the globalists, which then bleeds over into anti-jewish rhetoric.
My friends and I talked way back in school about how further engineering education was negatively correlated (not exactly: see comment) with pay after a bachelors and was statistically a terrible deal.
EDIT: That's not to say it's worthless! But it ain't worth what they're charging. There isn't actually a negative correlation in the strict sense but rather there isn't clearly a premium for the degree in all markets. You can be taking a straight up financial loss. The original statement was inaccurate, but that's historically what we told each other.
An engineering Masters is worth more than zero, but probably not worth the tuition to go to Grad School in the first place. IMHO, nobody should go into debt for any grad school unless they are becoming a medical doctor or lawyer (and even then it's not a slam dunk.)
If a grad school gives you an assistantship so you can go there for little to no money out of pocket, that's fine. If you work for a company willing to pay for your grad degree, that's fine too (although it will take a lot longer than working full time). But it's a bad idea to pay your own way.
This is the way to do it. If you're paying for your whole PhD, you're doing it wrong.
It kind of depends on what you want to do. I worked almost 10 years at a consulting firm that specialized in failure analysis and they loved hiring PhD metalutgists and Masters grads in specific engineering disciplines.
This was partially because that specialization helps in niche cases and partially because it helps market smaller companies as competent if you can say "I have 4 phds on staff for X, Y, and Z, one is a professor at (technical university name here)"
The team leads or project leads were always older engineers who only had their bachelor's degrees (and experience) but would shit talk professors and advanced degrees when the "academics" weren't around though. It was a REALLY toxic situation and ultimately led to me leaving. (I'm a BS Mech btw)
Your a bullshit mechanic? Damn that's a useful skill in this day and age.
Lot of low effort bullshit going on. We could use something right and proper
Professionals have standards. I'm not sure there is an ISO standard for BS but N.I.S.T was probably working on one before the current administration gutted the funding for being woke.
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(10 replies)
And a bunch of us were still paying off loans when when raising the current high school kids.
I never did but I’m now middle aged and stuck in my career without one. I’m right now planning on finding a competency based program to try to speedrun, so I can stop working on implementing others peoples broken garbage.
I have bad news for you. You can get a PhD and you'll still be implementing other people's broken garbage.
I’m aware, but I’m stuck where I am and can’t climb any further. So, either stop trying or try something else.
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(4 replies)
It's an NBC news poll so I'm not sure it's easy to find much more info on the poll or its history.
Here's a chart showing previous responses:
My job has me on college campuses several times a month, and I often speak individually with over a thousand college students a month.
There is real fear among these students. Many have done everything right, planned a career, took the classes in order since middle school to get there, took out thousands in student loans, all knowing that it will be worth it to get a good job that will pay well for an entire career...
Only to find out halfway through college that corporations are replacing all their software developers with AI, and the career path they've been following since they were a kid, no longer exists.
But they still owe their student loans, even if their Plan B career, which they hadn't considered until they couldn't find a post-graduation job in their field, pays barely more than minimum wage.
Many north american GenXers had the same feelings in our 20's, even though it was a better situation then. Being in the voracious demographic wake of the boomers made scrambling up a tippy ladder seem pointless.
Much to the joy of GOP politicians everywhere.
I've been telling people this for years: Post-secondary educational institutions are no longer about education; they're a business. They do everything they can to maximize profits, and don't really care about the quality of education.
Exactly, see what things like rpkGroup (a particularly heinous example) are doing to colleges to get them running like for-profit businesses. “Restructuring” aka gutting the school and the purpose of a university, which is to give a rounded education.
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Very noticeable here in the US how much college has become unaffordable and out of reach
Shows in everyday life here from the conversations to just any day to day interaction
In the media all comes out like it is made for young school kids with the words getting smaller and simpler with less sentence structures
Even if voting was not rigged here can tell with way people see our elected officials as football team members to rally behind
Higher education becoming unattainable will lead a country to poorer health, more underpaid factory workers, less quality of life for everyone, less progress, more repeated failures from history, etcetera
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