Inspired by a surprising moment, today’s show is all about the value offered by that advanced degree, both from a traditional institution and by a for-profit diploma mill. It asks the question: Is that 100K Masters and PhD really worth it even if it comes from a place that hands them out as long as you can pay the bill?
Posted by Mike Peluso
Mike Peluso writes about the things he's passionate about. See his work about the Cruise and Travel Industry at www.ssgbnu.com See his work on the collision between between the business / professional world and life at www.pelusopresents.com From Mike: I spend hundreds of hours working on these articles every year with no compensation other than support I get through donations. You can support with a tip below: One time tips: www.paypal.me/pelusopresents https://venmo.com/pelusopresents
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So very true / buying a degree does not typically follow the path of study , research , collaboration with peers , etc. I have seen individuals good at leading people or organizations not eligible for certain positions because they lacked a PH.D and lack of time to invest in a “real” program of educational study . The individual was drawn to the pay for hire degree as a means to achieving a position they were already qualified for and perhaps already performing . Others were drawn to the degrees after not being able to find a job — unfortunately the result was a lot of debt and still no job and defaulting on student loans etc .
I earned my MBA one or two classes at a time at a traditional University (Campbell) and paid as I registered for each class . I found the benefits tremendous and learned far more than in my undergraduate years . The value for me was significant personally ; although I later choose a career in service which didn’t require this level of education , I never felt I had wasted my time .
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It’s great to hear from you. I’m always shocked when people I know, or honestly people I don’t know, read / listen to my stuff. Thank you!
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Mike , I often listen to your podcasts and find them informative . Hope everyone is well. Elaine
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