y are you applying for MBA again?

we are the first generation to not make more than our parents.  we are that generation where the world has shrunken due to technology and the US has fallen as a superpower.  academia is not an even playing field with everyone going to college and graduate programs are flooded with unemployed applicants trying to bring more to the table.  it's a purging of the system.  because of global dynamics, the cost of higher education doesn't justify it's eventual netback.  3 years of graduate schooling equate to minimal 150k debt and the typical salary growth with a higher degree is maybe 20% higher than without the degree.  your increased network is what you make of it, but when it costs 150k couldn't you just use that money to do it yourself without a forced medium of schooling?

if you worked in a union and steadily accrued 100k without a college education what would that net you over the course of time for typical ambition?

today's world its language.  it's bringing continents together.  it's about speed.  it's about putting the pieces of cultural idiosyncrasies together.  information has already gone global, now it's how to bridge the cultural nuances between the information to create a value added.  that's where the money is.  that's what i do.  that's what you should think about. stop wasting your time here.

 

http://finance.yahoo.com/tech-ticker/rethinking-college-as-student-loan-burdens-rise-434365.html?tickers=^GSPC,spy,COCO,APOL,DV,ESI,^DJI

Rising debt is one key reason why our guest James Altucher, a hedge-fund manager and author, argues: Don't send your kids to college!

"There's a lot of evidence to suggest that motivated kids are going to make money whether or not they go to college," says Altucher, managing partner at Formula Capital. "So teach your kids how to be motivated. Teach your kids how to sell a product, build a network of connections. That's going to be far more valuable." 

http://www.usatoday.com/money/economy/2010-04-23-1Ageny23_CV_N.htm

They're called "Generation Y" — teens and twentysomethings known stereotypically for their coddled upbringing, confidence, opinionated dialogue, free-spending habits and openness to change.

Ultimately, however, the more than 50 million members may be best remembered for whether they can overcome the dire financial straits that plague many of them.

Even before the recession, those in Generation Y — the latest products of a get-it-now, pay-for-it-later mind-set that has permeated the nation's economy — faced a range of financial pitfalls as they embraced expensive high-tech gadgets and added credit card debt onto student loans.

Now, stagnant wages, job insecurity, the decline in employer-sponsored health insurance and retirement benefits, the rapid increase in basic expenses, soaring debt and minimal savings have jeopardized the economic security of the entire generation, according to a recent report by Demos, a public policy research and advocacy think tank.