Is too many degrees a bad thing?

Discussion in 'General Distance Learning Discussions' started by potpourri, Mar 7, 2010.

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  1. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    lol.......
     
  2. RFValve

    RFValve Well-Known Member

    You are the most educated person in this forum.

    I also think that the more degrees you have, the easier it gets to earn a new one. A dissertation in one topic, might lead to another dissertation in another field and so on.
     
  3. Rich Douglas

    Rich Douglas Well-Known Member

    Unless he goes to Harvard. Twice. (Oh, sorry. That would be a man with too many grandmothers. My bad.)
     
  4. Randell1234

    Randell1234 Moderator

    I would agree but I think I am done for now.
     
  5. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    lol.......
     
  6. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    ??????????
     
  7. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    Damn! I wish that the American educational system would make history a priority area. After all, he who is ignorant of history is doomed to repeat it!
     
  8. selini

    selini New Member

    too many degrees will not change your luck, or chance to find a better job.
    i have 4 degrees, but i was not able to find a job in my home country because..and i quote what i was told from various hr people or managers 'you are the child of one of our customers, and we only hire them'
    'your degrees have nothing to do with the banking industry' (i have 2 MScs in economics, and one MBA)
    'we prefer graduates from technical schools'
    'we hire people we know'
     
  9. RFValve

    RFValve Well-Known Member


    Actually, the more degrees the less employable you become. A BS in a technical subject with an MBA is more than enough for practical purposes. If you get an MBA, get it from a good school and at least 5 years after you get your BS.

    With online education, it is common to see people with 4, 5 or plus degrees. Most people do a new degree because they change careers over time and the new degree helps to get into a new industry but I don't think it helps to get a better salary unless your new degree is from a top school like Harvard.
     
  10. selini

    selini New Member

    true.it also depends on the industry.i am in the banking industry and what counts, at least where i am working at, is how many degrees you have. the more you have, the biggest salary you get. doesnt matter if its from harvard or anyrandomcollege, but i guess it does matter when it comes to bonus or promotion.
    it also depends on the country. i am from cyprus, and the industry could not care less about your university. all it matters is if you know people.
     
  11. Rich Douglas

    Rich Douglas Well-Known Member

    But unemployment statistics belie this. The higher your degrees, the less likely you are to be unemployed.
     
  12. selini

    selini New Member

    depends. i live outside US, i do not know how things work in US. but for me, it did not work like that. in my country, you gotta know people to get a job. it doesnt matter if you finished a 2yr college, you will land a job with a top firm if you know the right people. and you might have graduated from an ivy league university, but if you are not the son of someone well known, or you do not know people, youre unemployed.
     
  13. Kizmet

    Kizmet Moderator

    Some of that happens everywhere. The celebration of mediocrity.
     
  14. selini

    selini New Member

    it took me 4 degrees to beat this logic and get a job. abroad, ofcourse.
     
  15. Petedude

    Petedude New Member

    Awfully tough to teach history if the kids can't read the history texts or write decent answers to test questions.
     
  16. Rich Douglas

    Rich Douglas Well-Known Member

    Which country has an inverse relationship between higher educational attainment and employment? I'd really like to see that.
     
  17. selini

    selini New Member

    no brainer. cyprus and greece
     
  18. Rich Douglas

    Rich Douglas Well-Known Member

    Would you please provide a source (like a url, perhaps) that supports this?
     
  19. Rich Douglas

    Rich Douglas Well-Known Member

    From Cyprus - unemployment with secondary education :

    "Unemployment with secondary education (% of total unemployment) in Cyprus was 42.10 as of 2008"

    "Unemployment with tertiary education (% of total unemployment) in Cyprus was 29.70 as of 2008"

    Perhaps it has changed?
     
  20. CalDog

    CalDog New Member

    In general, more education = higher employment rate and higher salary. However, this not universally true. In many fields, for example, the PhD now provides little to no advantage in terms of employability or salary over the master's. The Economist puts it like this:

    Furthermore, the PhD takes longer to get than the master's, so the PhD candidate foregoes years of income relative to someone who leaves school with a masters. In other words, the opportunity costs for the PhD are significantly greater. If you include the opportunity costs, even that 3% premium may disappear.
     
    Last edited by a moderator: Feb 24, 2013

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