Nah, that advice is still correct. The 4-year degree provides a huge benefit over not having it.
It’s just that a lot of people don’t realize just how much shittier not having a degree in 2024 is compared to not having a degree in 1974.
So while the baseline has gotten worse, and the actual benefit of college has shrunk, it’s still easily worth the 4 year commitment and the tuition/opportunity cost.
Counter-point: not everyone is cut out for a four-year degree*. Some people are better suited for trade schools. My wife worked at a university and saw a number of students that were attending just because family wanted them to, but their heart wasn’t in it. Often they’d drop out with student debt and no degree to show for it.
Go to a four year college so you can get the best jobs.
Nah, that advice is still correct. The 4-year degree provides a huge benefit over not having it.
It’s just that a lot of people don’t realize just how much shittier not having a degree in 2024 is compared to not having a degree in 1974.
So while the baseline has gotten worse, and the actual benefit of college has shrunk, it’s still easily worth the 4 year commitment and the tuition/opportunity cost.
For average lifetime earnings.
So for some it may not provide a big help.
Counter-point: not everyone is cut out for a four-year degree*. Some people are better suited for trade schools. My wife worked at a university and saw a number of students that were attending just because family wanted them to, but their heart wasn’t in it. Often they’d drop out with student debt and no degree to show for it.
*or at least when they’re young
Oh wow that’s a good one! There was a time where it worked out great the vast majority of the time. Not so much now, definitely aged like milk
Skip the line with a blue badge at amazon (not financial advice)