Having a degree does not guarantee wealth.. do you agree or disagree?

Question

someone told me that having a degree does not guarantee wealth... There are plenty of folks with degrees in foreclosure right now..... is that even possible? oh my God >.<

Answer 1

ABSOLUTELY!!! I&#039;ve got an advanced degree and I&#039;m nowhere near wealthy!

As for the foreclosure thing, many of them bought way beyond their ability to pay for it. They financed with a 2% adjustable rate mortgage. Adjustable means it will move and anyone who actually thought the banks would adjust it down, wasn&#039;t thinking! Having a degree doesn&#039;t guarantee the making of good decisions, either. We knew that once we were married and had children, I would stay at home with them, so we didn&#039;t include my income when we went for a mortgage. We could have qualified for a half million dollars, but we knew we couldn&#039;t pay for it once I wasn&#039;t working. If we had, we&#039;d be in foreclosure, too.

A degree makes it possible to go get a good job that you can work hard at, make money, and save and invest it to make more money. That&#039;s the road to wealth. (I don&#039;t think Donald Trump has a degree.)

Answer 2

Ask any English degree holders as well (me). I&#039;m going back to school next semester.  Degrees do not guarantee wealth. I&#039;ve known doctors and lawyers that still struggled paying bills (while driving 10 year old cars) because of their student loans and professional membership fees and such.

Answer 3

heheh... ask any graduate that holds a bachelors degree in Art that question.  They don&#039;t call them starving artists for nothing.  :-)