This is the college I graduated from. Scary, huh? Yes, I lived in a building that is considered to be one of the most haunted places in the United States. In a nutshell, I didn't see or hear sh*t. Personally, I think it's a load of crock, but that's how I feel about all ghost stories ...
Although I loved my experiences at college, one fact remains: It did little to nothing for my career. On the other hand, if I would have double majored I would have been better off. At the time, double majoring sounded like a sentence to the great inferno of hell. Boy, was I wrong. Unfortunately, for many college graduates, "the old college try" is not nearly enough to land them a job that pays well after graduation. Welcome to our economy!
Most former college students these days are Mal-Employed, a term coined in the 1970's for students who could not find jobs that required the degree they held. So, if you have a masters degree and are working as a waitress, receptionist, clerk, or janitor, you are Mal-Employed, my friend.
Simmer down now ...
Don't get me wrong, I am not saying that all college graduates cannot hold jobs in their field of study. Do not lose hope!
"It could be, for example, that teenagers who are bright, hard-working, and ambitious tend to go to college. And then later in life they make more money because they are bright, hard-working, and ambitious adults. I am not saying that this is the whole story, but you’ve got to admit it qualifies as plausible."- BadMoneyAdvice.com
Furthermore, keep in mind that over the past 20 years, tuition and fees at state universities have jumped nearly 130%. In great contrast, the income of the middle class has been lowering. The latest figures show the median income in the U.S. is $400 lower than it was in 1988. Come on people, we are talking the 80's here! In 1988, Gas cost 91 cents a gallon, postage stamps were 24 cents, and buying a brand-new home was around $91,600.00.
What do you think? Is a college degree a waste of time these days?