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Do You Need A Degree From An Elite University To Have Success In Life?
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2019 Sep 15, 6:04am 3,685 views 57 comments
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53
KgK one
2019 Nov 3, 1:34pm
What shift jobs pay 165/210k ?
"And most of the guys I work with who make the same wage scale as I do have no degree and very little to no college. True they don’t understand the more technical aspects of my job like I do, but they make the same money, depending on overtime worked. Average is 165k/year for day shift and $210k/year for night. Oh and full benefits including a no out of pocket Cadillac health care plan and a very healthy pension. Hard to find any job to train for that offers better compensation."
"And most of the guys I work with who make the same wage scale as I do have no degree and very little to no college. True they don’t understand the more technical aspects of my job like I do, but they make the same money, depending on overtime worked. Average is 165k/year for day shift and $210k/year for night. Oh and full benefits including a no out of pocket Cadillac health care plan and a very healthy pension. Hard to find any job to train for that offers better compensation."
54
Shaman
2019 Nov 3, 2:18pm
Shaman
2019 Nov 3, 2:18pm
KgK one says
Blue collar union trade skill jobs. Electricians, plumbers, certain specialty technicians, some top iron workers, elevator mechanics, heavy equipment mechanics, crane mechanics, crane operators, and then you have the government jobs...
Best way to get shift work that’s compensated so highly is to get a skill or package of skills that few others have. If you’re indispensable enough, you’re worth more.
What shift jobs pay 165/210k ?
Blue collar union trade skill jobs. Electricians, plumbers, certain specialty technicians, some top iron workers, elevator mechanics, heavy equipment mechanics, crane mechanics, crane operators, and then you have the government jobs...
Best way to get shift work that’s compensated so highly is to get a skill or package of skills that few others have. If you’re indispensable enough, you’re worth more.
55
Rin
2019 Nov 3, 2:31pm
Rin
2019 Nov 3, 2:31pm
Quigley says
At least in Mass, if you want to break into the $120K+ "trades" territory, you need to pick up off-hour shifts like overnights, weekends, & holidays for time & half or double time depending upon the agreements in place.
Otherwise, the more comfortable positions with regular 7AM to 3PM daytime shifts tend to be in $65K-$75K zone but with full benefits (and holidays) and no on-call for anything. If I'd known this as a kid, I probably would have never gone to college. Fortunately, I won a full scholarship, starting 2nd year, so my entire loan overhead was $1K which I'd paid off during my 1st month of work.
Blue collar union trade skill jobs. Electricians, plumbers, certain specialty technicians, some top iron workers, elevator mechanics, heavy equipment mechanics, crane mechanics, crane operators, and then you have the government jobs...
Best way to get shift work that’s compensated so highly is to get a skill or package of skills that few others have. If you’re indispensable enough, you’re worth more.
At least in Mass, if you want to break into the $120K+ "trades" territory, you need to pick up off-hour shifts like overnights, weekends, & holidays for time & half or double time depending upon the agreements in place.
Otherwise, the more comfortable positions with regular 7AM to 3PM daytime shifts tend to be in $65K-$75K zone but with full benefits (and holidays) and no on-call for anything. If I'd known this as a kid, I probably would have never gone to college. Fortunately, I won a full scholarship, starting 2nd year, so my entire loan overhead was $1K which I'd paid off during my 1st month of work.
56
Patrick
2019 Nov 3, 5:31pm
Patrick
2019 Nov 3, 5:31pm
Booger says
BINGO!
Same thing for house prices, which are driven upward by government loan programs.
If you tax people to give everyone in the US a dollar to buy an orange, guess what will happen to the price of oranges? Yup, they will be the old price plus a dollar more.
Everyone loses except for two groups:
1. orange growers (who will lobby for that dollar in DC)
2. the people who get the subsidy first - they will get a deal, but as soon as the price goes up, all other buyers are right back where they were
And we all have to pay a tax which just goes through to orange growers.
The right way to deal with a shortage of education, or housing, or oranges is to increase supply, not to increase demand through subsidies.
BINGO!
Same thing for house prices, which are driven upward by government loan programs.
If you tax people to give everyone in the US a dollar to buy an orange, guess what will happen to the price of oranges? Yup, they will be the old price plus a dollar more.
Everyone loses except for two groups:
1. orange growers (who will lobby for that dollar in DC)
2. the people who get the subsidy first - they will get a deal, but as soon as the price goes up, all other buyers are right back where they were
And we all have to pay a tax which just goes through to orange growers.
The right way to deal with a shortage of education, or housing, or oranges is to increase supply, not to increase demand through subsidies.
57
Shaman
2019 Nov 3, 5:51pm
Shaman
2019 Nov 3, 5:51pm
Rin says
That’s definitely a part of those numbers. Figure on 55 hours a week. Not for everyone but does make it possible to support a family on one income.
At least in Mass, if you want to break into the $120K+ "trades" territory, you need to pick up off-hour shifts like overnights, weekends, & holidays for time & half or double time depending upon the agreements in place.
That’s definitely a part of those numbers. Figure on 55 hours a week. Not for everyone but does make it possible to support a family on one income.
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Madame President:
Your Sunday newspaper...I have many things to be proud of in you, Pedro, and Luah. All of you have incredible educational achievements. Of equal importance, all of you worked hard and earned your educations in a completely honest manner.
Right now there is a big scandal in this country about wealthy parents who paid large bribes to get their children into elite colleges like Stanford, Harvard, Yale, University of Southern California, UCLA, etc. The largest bribe was a stunning $6.2 million paid by the owner of a Chinese pharmaceutical company to get his daughter into Stanford. There is a long list including one actress who paid a $500,000 bribe to get two of her daughters into elite schools. One person who paid a $15,000 bribe already got 14 days in jail. Many other still face sentencing. If they had been honest, they could have made large contributions to these colleges. It would have helped their kids to get in honestly.
There is some question about the value of getting a degree from elite colleges. On one hand let us look at the educational institutions of our last few presidents as follows:
President Bush I BA Yale
President Bill Clinton: Yale Law School (Hillary Clinton also graduated from Yale Law School)
President Bush II: BA Yale and MBA Harvard
President Obama: Harvard Law School honors graduate (Michelle Obama also graduated from Harvard Law School)
President Trump: Attended Wharton Graduate School of Business
There is another side of this debate questioning the value of these elite schools. Only 23% of the Ivy League college graduates make it into the top 1% of wage earners in the US.
Let us look at the curious case of Elena E. Torello, MD. She graduated from the University of Buenos Aires Medical School. Elena spent most of her life speaking Spanish. Before coming to the US, Elena read English but could not speak it. When she arrived here and took the three tests for her US medical license, she scored in the top 5% of those medical school graduates taking the test. She was right up there with graduates of Harvard, Yale, and Stanford Medical Schools. She got accepted to the very competitive Kaiser San Francisco residency program. She did so well there that she was offered a job at Kaiser San Francisco when she graduated. Getting a job as a doctor at Kaiser is like getting accepted to the US Navy Top Gun fighter pilot's school. (Only 1% of the fighter pilots are selected.) Getting hired is not the last obstacle to having a career at Kaiser. After a probationary period, your fellow doctors must vote you in as a shareholder. When Elena started her career at Kaiser, her first office had previously been occupied by a Stanford Medical School graduate who had failed to be voted in.
A degree from an elite college is not an absolute necessity in life or an absolute guarantee of success.
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