camperdave
northern, California
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I went to college. Mechanical Engineering. I worked in that field for about 10 years, then I didn't. My job now (that I've had for the last 7 years and will probably stay in till I retire in 10 years) requires no college education. You never know where life will take you. That said, I learned so much more in college than Engineering. It was my first exposure to a world outside my bubble, and literally changed my life.
Both of my girls are in college right now. Neither knows what they want to do, but that's not important imo. They will graduate mostly debt free, cause I'm paying for it lol.
I'm no fan of inflation or the impending recession. We'll be more or less fine cause we've got a lot of financial backups in place. If the housing market truly crashes, I'll try to buy another rental home or two. Real estate (buy, hold, and rent, not flip) has by FAR been our best move in the last 20 years, and the main reason I will most likely be able to retire someday.
I'm sure not counting on my 401k, social security, or my non-existent pension!
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time2roll
Southern California
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Housing prices are adjusting to the new and more realistic interest rates.
When there is a housing price drop due to large increase in foreclosures and related bad loans.... that is time to call recession. Right now I don't see it. Don't see it unfolding next year either. Time will tell.
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time2roll
Southern California
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spoon059 wrote:After high school I went to college and a guy I knew became a plumber. 4 years later I ran into that guy and he was making more money than me as a plumber. 22 years later he's probably STILL making more money than me. In college we are supposed to learn how to own the plumbing company more than become a plumber. If you are good there will be 25+ plumbers working for you and paying for your kids college.
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spoon059
Just north of D.C.
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time2roll wrote:In college we are supposed to learn how to own the plumbing company more than become a plumber. If you are good there will be 25+ plumbers working for you and paying for your kids college.
Yea, lets be honest. A LOT of the people in college right now are working on their Genders degree, or psychology degree, or underwater basketweaving degree.
My wife's cousin went to a very prestigous private school in Upstate New York. She spent one semester learning abroad in Europe, studying Transgender issues in Shakesperean Culture. She absorbed a massive amount of debt. She could have gone to school in the State system for free, because her conservative father worked for the college down where they live... but she and her Women's Liberation Movement mother thought it wouldn't give her the experiences that a Lib college in a Lib state would.
Now she's a quarter million in debt with a degree that is mostly worthless and she is miserable with her life decisions... but she won't admit that the Liberal system that encouraged her to do these dumb things is to blame. She makes minimum wage working at a liberal non-profit somewhere and lives back with her mommy now.
Mommy divorced her husband and survives on alimony and her own dead end job. They sold their nice house in Southern Maryland and split the profits. The dad used his money and bought a nice house in NC. The mom blew through her money making poor decisions and lives in a lower end rental somewhere in southern PA.
There are a LOT of people out there just like this. Its ironic, the cousin is a vegetarian, but will most likely end up working at McDonalds...
None of them are owning the plumbing company...
And by the way, the guy that I was talking about, his father or uncle own the plumbing company. They aren't a college grad, they are lifetime plumbers that knew what needed to be done to run the company. Sometimes life experience is enough.
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shelbyfv
TN
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Let's be honest.... Despite all the recent disparagement of education, the stats are clear. College grads make more money than HS grads. About $30K a year more, depending where you look. Another source shows $900K more lifetime earnings for men, $630K for women. So all sorts of numbers but more is more, right? Yes the neighbor's cousin's plumber friend may be an exception and as they say "exceptions prove the rule." That's not to say every kid should go to college. There are other ways to come by a satisfying career, as posters here have shown. My wife started at a Jr college when she was in her 30s. She turned out to be an exceptionally good student (who knew?) and was recruited for a co-op program. Semesters of class work alternating with work work (paycheck!) and she ended up with a non traditional job that she really liked. FWIW, I'm old enough to remember when (pre-1980s?) the entire political spectrum respected and valued education. Folks ought to wonder why one end of it now prefers their followers to be less informed.
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spoon059
Just north of D.C.
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shelbyfv wrote:FWIW, I'm old enough to remember when (pre-1980s?) the entire political spectrum respected and valued education. Folks ought to wonder why one end of it now prefers their followers to be less informed.
Informed about what, exactly?
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shelbyfv
TN
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![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/wink.gif "wink") Haha-pretty much anything that involves facts. BTW, your wife's cousin's daughter seems to be taking up lots of space in your head. ![[emoticon]](http://www.coastresorts.com/sharedcontent/cfb/images/scratchead.gif "scratchead")
* This post was
edited 11/18/22 07:27pm by shelbyfv *
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JRscooby
Indepmo
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The last year I went to school one teacher was always telling me I would be good for nothing but digging ditches if I did not pay more attention in his class, spend time I could (would?) not spare doing homework.
About 20 years later, he called a plumbing co. for stopped up drain. They found collapsed pipe out in yard. All the company equipment was busy, so I was called, to dig up the line. When the locaters truck left, he saw the name on the door of truck pulling the back-hoe.
BTW, a lot of guys my age went so college, not for education, but to avoid the draft
Many post about if you make a promise, you should keep it, like pay back what you barrowed for your education. Yes, I can see that pretty well. But what I also see is we, as a society, promised them study hard for 16+ years, and you will get a job that will support a middle class lifestyle and pay back the loans. For very many, society has broke that promise. When you see ads where the employer expects a certain level of education in the form of a degree, and is offering less pay than what I paid for a driver in the same year I can see trouble coming.
Sure, collage might teach you to run the plumbing company, let you hire 50 plumbers. But doesn't that mean that somebody must decide what 2% of the 17-18 YOs get to run the world?
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way2roll
Wilmington NC
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What in the world does the last few pages of this thread have to do with vehicles on dealer's lots? Somehow it has turned into whether or not to get a college degree and which degree to get.
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JRscooby
Indepmo
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spoon059 wrote:shelbyfv wrote:FWIW, I'm old enough to remember when (pre-1980s?) the entire political spectrum respected and valued education. Folks ought to wonder why one end of it now prefers their followers to be less informed.
Informed about what, exactly?
History? Science? Logic?
I'm sure a moderator will decide a history lesson is political, but I will try to keep it "clean".
One past President, while introducing somebody declared "We have a lot in common. You wrote a book in collage, and I read one"
Another while campaigning often declared "I love the poorly educated"
Many want to not just control what books their kids read, but also what all kids can read. Does anybody have any idea what other government, past and present, ban books?
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