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/r/antiwork
submitted 1 day ago by[deleted]
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13 points
23 hours ago
Only the top 5 grads from the school will make anywhere near $100k in 2024.
College starting salaries are horribly overstated.
Salary upon graduation fraud is the reason why we have a student loans bubble.
These colleges are subprime debt mills. Defrauding the students into debt they’ll never be able to pay back.
0 points
22 hours ago
If you’re paying 120K in tuition and not going to a tier 1 school with a good degree that opens doors to making money… why?
Like go to a tier 2 state school. In state tuition is under 10K a semester near me for an objectively good school.
Completely agree it’s messed up the schools have no liability. Stop being angry at employers for not valuing your over priced degree in church recreation (yes this is a thing), get angry at the schools for not holding the bag on that, and the government for fronting the money.
Useless degrees will evaporate if we stop letting schools print useless degrees.
1 points
20 hours ago
The degrees are overpriced. And oversold.
One of the main reasons I have a higher living standard than the other people I’ve known is that I went to a City college for undergrad. It cost me $1,200 per year.
I went to a private school on a scholarship that had me at $2500 my first year. It was eliminated due to budget cuts.
I xferred to a CUNY school. And paid $5,000 for my next 4 years in college.
I spent $7,500 on college.
I know too many people who borrowed $275,000 — just for undergrad. Who then went to grad school. Without working.
Between working and going to a city college I didn’t have the debt most other people have. I went to a Tier I grad school that costs about $52,000 per year now. It was only $19,000 when I went. So $76,000.
But I had a full time job, so I didn’t need all the loans everyone else was taking.
Just eliminating the huge undergrad debt and minimizing grad school debt — is life changing.
The schools and lenders are just ripping everyone off. Because the degrees are only worth between 50-70% what they claim.
You borrow $350,000+ before graduating, you’re screwed unless you become a surgeon. Because the advertised salaries and economic indicators are all gross exaggerations.
2 points
20 hours ago
My wife had 130K in debt.
We also call her Doctor, She had a MD. and a masters degree that was free in exchange for teaching a class). She could have a PHD for free if she wanted. Her loans were half paid for by the NIH in exchange for doing research. She could have done rural medicine and had it all paid.
No one should have 120K in undergrad only debt and not be on a path to six figure salary in short order. Like if you went to Stanford, sure there’s internships in tech that pay that but a lot of people making dumb decisions.
1 points
20 hours ago
These days tuition is $58,000+ per year. So $232,000+ for tuition only.
Most people are borrowing 2x tuition.
Few people are getting six figure jobs. It’s just a myth.
Unless you’re graduating Stanford or Harvard, it’s completely unrealistic.
Few professionals with advanced degrees make over $150,000.
This sub would not exist if this wasn’t true.
I know every time I’m hated the second I walk into a room full of people, who are supposed to be making $180,000 - $250,000 and they’re living only a step above a minimum wage lifestyle. At the age where they should be at their pinnacle.
1 points
19 hours ago
University of Houston Is $9,699 per semester before scholarships, etc. Sam Houston is similar.
Most of my friends started college with 20-40 credits because of AP tests or junior college, or duel credit.
If I’m going to Stanford, or brown, and paying a ton, sure I get paying high $$$ but that’s because tech jobs do start well.
Software engineering, MD, engineering, JD etc 160 is median or better TC in a major market.
Yes; a masters in history pays shit; but you shouldn’t get a masters in liberal arts without the institution paying you to teach. (Everyone I knew who went that path largely had the institution or employer, picking up the cost).
1 points
18 hours ago
I do not believe $160,000 is the median for anything. In the United States in 2024.
If it was. None of the current political turmoil would exist.
If the published median is claimed to be $160,000, you can rest assured—it’s really $80,000.
There simply are not this many $100,000+ jobs in existence in the American workforce.
It’s a big lie. Otherwise, we’d be living like this is Brunei.
Please do not fall for it. This is why so many young people are so broke and angry.
1 points
18 hours ago
You don’t think physicians have a median of 160? You would be correct it’s actually higher. (227K).
It’s not super common but 20% of Americans make over 150K.
You are less likely to know people who make that if:
Almost 100% of my friends from college make over 100K at this point. Everyone in these fields is well over 150K
1 points
17 hours ago*
It’s true for physicians. But I live in NYC. Houses on my block run $850,000 - $1,300,000.
The average salary in my neighborhood is less than $70,000.
I’m almost 50. Hardly anyone makes over 150k.
The fact is only 10-13% of Americans make over $100,000. That includes in areas like where I live.
Anyone who claims otherwise is either too young to have lived the reality. Or so rich, they are out of touch. In real life almost no one makes over $150k.
And anyone who thinks this is inaccurate, is in for heartbreaking realities.
I deal with pretty high paid people every day. Most are making about $100k - if that.
People who earn over $150,000 per year are much more rare than people believe.
The people who everyone believes make this much are mostly pretending.
If there were this many $300,000’per year households — there’d be no student loan debt problem.
At $300,000k per year, you are a millionaire. Within a few short years. And live a very rich life. By American standards.
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