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This article, published on Zerohedge on October 18, 2024, discusses the Return on Investment of college degrees, as reported by Miles Mathis. Engineering degrees reportedly offer the highest lifetime ROI at 477,000. Philosophy degrees are at the bottom with a 104,000. The author, Miles Mathis, argues that these figures, when divided by the average 47-year work year, reveal that most degrees offer minimal financial gain. He contends that the real standout is not the degree’s field but the institution, citing Harvard as an example. Mathis suggests that the higher ROI associated with prestigious institutions like Harvard is due to the socioeconomic background of admitted students rather than the intrinsic value of the education. He likens it to the ROI of marrying into wealth, where the perceived return is influenced by inherent privilege and connections, not necessarily the inherent worth of the choice itself. Mathis concludes by stating that he personally chose to avoid such environments, even at a significant financial cost, and considers this a wise investment for his own life path.
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