I make 4% more now than I did 10 years ago. I’ve even added a Bachelor’s Degree to my resume. Had I decided to not spend 4 years in college, I would have been making at least 19% more. Almost every day I wonder why I wasted the time in college for a piece of paper.
The only hope I have is that by 50, I will be making more than I would have made without a degree. My initial goal was to walk to a Porsche dealer with enough money to buy a Porsche 911 Turbo with cash at 40. Now, I’ll be lucky to buy used at 50.
The upside is that I work in an industry which is acutely tuned to market change and we’re busier than we can handle. Most markets are on the upswing, but it does appear to be more a function of depreciation/worn-out-s417 than an uptick in the economy. People are replacing their worn out stuff because they have to, to survive, rather than replacing it because times are good.
I was referring to the general population, not the few who are making more now than they were 10 years ago...
Hopefully, you won’t find yourself out of work before you can buy that Porsche...BTW, you’ll need a second job for the insurance.
Cheers..
“Had I decided to not spend 4 years in college, I would have been making at least 19% more.”
Are you behind because you did not work for the 4 years you were in college? Are you burdened by college loans thus significantly impacting your take home pay?
I have heard of earning degrees with no impact on advancing one’s income potential. But I have not heard of earning a degree that resulted in making less money than not having a degree - unless you are talking about the money that was not earned while one was in college. Maybe there is something new for me to learn today?
So, we'll have to put you in that category (huge, BTW) that believes higher education is for the sole purpose of making more money? Pity that you missed the point.