College Degree - Do You Really Need It

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It has long been held that a college degree is the ticket to a more prosperous life, but the current economic malaise has many people rethinking that conventional wisdom. It has become a cultural clich to find humanities majors, some with top honors from top-flight institutions, slaving away manning coffee counters and the like, low-paying jobs in bookstores and other retail outlets traditionally reserved for students.

While many of these are in fact still students busy with grad school and even post-doc work, much more often than not they're recent and not-so-recent graduates with a Bachelor's degree that has not translated into any position of note. So the question is increasingly raised, what's the value of a college degree?

While every profession has its disgruntled workers, there seems to be a growing consensus that college, if not a complete waste, is not exactly the meal ticket it's long been touted as being. Many are the over educated who toil away for bosses with a lot less formal education but who know how to make money and run a business.

So are college grads truly doomed?

No, not at all. The truth is that a college degree merely pays for entry-level position into the workforce these days. It's no longer the proverbial meal ticket of yesteryear, but neither is it exactly dispensable. It's just the high school diploma of our times, the bare minimum requirement for many non-trades positions with a chance, however slimmer by the day, of advancement and meaningful pay raises.

Advanced degrees may not mean a whole lot now a days, however. The paradigm is shifting, and unless the education was in something technical and highly skilled, preferably having to do with science and technology, it is increasingly difficult to secure a great job as most of the others have been outsourced overseas.

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