I'm one of these men. Of course I chose nor to go at a time when the ratio was closer to 1:1. It's one of the best decisions I ever made, I stumbled into it and didn't even make a deliberate decision, I felt bad about it for a few years. A happy accident I guess.
And I've done well for myself. I hear college graduates earn more over their lifetimes but anecdotally I don't see it. Financially I'm doing better than almost every person I know that went, the vast majority of my peers who went have a negative net worth due to student debt and own no property, so the bar is low, but I'm doing fantastic. I think the truth is, when credentials aren't rare, how well you do is more based on your mind and some quality you have than on credentials.
Yeah, a lot of studies seem to report on average income of graduates with various degrees compared to those who didn't finish university, but don't account for socioeconomic status.
I'd be curious what the numbers looked like when controlling for all the other variables which influence someone's income.
And I've done well for myself. I hear college graduates earn more over their lifetimes but anecdotally I don't see it. Financially I'm doing better than almost every person I know that went, the vast majority of my peers who went have a negative net worth due to student debt and own no property, so the bar is low, but I'm doing fantastic. I think the truth is, when credentials aren't rare, how well you do is more based on your mind and some quality you have than on credentials.