Monday, August 2, 2010

The Fallacy of Higher Education: Yin Yang Economics Part 6

It used to be that getting a college degree was that of a privileged few, but nowadays a college degree is a dime a dozen and doesn't mean much anymore to potential employers.   In this tough economy, it's becoming more about who you know that gets you the job not your degree.  Networking has always been very important in landing a job, but now this is true more than ever before.  I would say even more important than a degree from Harvard in some cases.  How did I arrive at this conclusion?
Well, what I just wrote above is nothing new and it's something that we all know to be true, but somehow in our mad rush to be successful we have forgotten this fact and feel compelled that everyone should go for higher education  if they want to increase their chances of landing a job.  After all, doesn't it seem like no matter where you go, employers are asking if you got a college degree regardless if you actually know anything relevant to the job you're applying for?

What I've noticed is that the people who are considered by most people to be really successful got to where they are now because they first did what they loved.  The first "job" they did was not done for the money, but because they just wanted to. Money was just a side bonus. Depending on how well they did what they liked and how many friends knew him and liked him, that person usually ended up getting paid for what they liked to do in the first place!  This is precisely what Robert Kiyosaki mentioned in his Rich Dad Poor Dad book and it's a pattern that I've noticed too the more people I talked to.

Besides, majority of the leaders today such as Bill Gates and Steve Jobs said that while they attended college they were actually drop outs.  Ironically enough, only after they became wildly successful and wealthy beyond measure ivy league schools, like Yale,  were falling over themselves trying to hand these two guys degrees from their schools for free! Bill Gates for example dropped out of Harvard.  It wasn't until he became a billionaire that Harvard came back and gave him a diploma for free which he then didn't need anymore.

So if you want a degree from Harvard for free, then just do what you love first, become a filthy rich and famous billionaire in the process and Harvard will give you a degree, but of course by then you won't need it anymore and better off selling your Harvard degree on Ebay as a wall decoration.

But seriously, in the future I definitely see a move towards apparenticeship and tradeschools.  It's the only thing that makes sense seeing how student loans are drying up, jobs are drying up, and no one is spending anything.  Nowadays competition for jobs is so fierce now, employers have their cream of the crop and if you are their friend first then most likely they will hire you over some stranger with the same skill set.  So what should you do in this depressing economy?

Go and hang out with your friends, eat, drink, and be merry, but most importantly have fun.

No comments:

Post a Comment