3 ms·

I has been widely reported that college graduates are expected to make $1 million more in their career over someone without a degree. If you have a degree, and

I has been widely reported that college graduates are expected to make $1 million more in their career over someone without a degree. If you have a degree, and are willing to live like someone without a degree, the odds should be very good. I think the problem is that vast majority of the population like to spend rather than grow their wealth.

Jtsummers 13y ago
Very true, why many of my peers here are still relatively poor even though they make as much money as I do (more or less). Engineers get a 25% signing bonus, nearly every one of the engineers that started when I did had a brand new car. A wiser choice would have been to make their emergency fund and invest the rest - possibly in a house. Instead, like me, they were living in an apartment because they threw all that money away in their first week and took on unnecessary debt (for most of them, some may have needed a car but probably not the $30k one they bought). Most came in under an internship program so the starting pay wasn't really that great, but a huge pay raise each year for the first 3 years).