How Much is Your College Degree Worth? Not as Much as You Think

July 21, 2008 - 12:30 pm , By J - NYU

When I was in high school, my parents always told me that the only way I was ever going to do anything in life is if I went to college. NOT going wasn’t even discussed. You had to go to college if you wanted a job. If you wanted to work at McDonald’s or Wal-Mart forever, then fine, you could skip out on college - but everyone knows (at least according to my parents back then) that working at Wal-Mart wasn’t really a job as much as it was a sentence to the worst life ever.

Well, I went to college, and I even did my parents one better and went to graduate school. Armed with both a BA and MFA, I was certain I could pretty much get any job I applied for, and would get paid 35K at the minimum.

Ha. Ha. Ha. And I’m not alone. Not only have most of my friends with MFAs scrambled to find anything to pay the bills post graduation (working at Borders, in a file room…with freaking MFAs!!), but it seems like degrees in general are losing the battle to inflation. Read More »

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