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this post was submitted on 11 Feb 2024
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And those that spent 1 year getting a specialized certificate or two and entering into specialized markers that have low supply are even farther ahead.
Mind you, this isn't an option for many industries... but it is an option for some and extremely lucrative. (Welding, machining, tonnes of "confined space" jobs, anything in waste management...)
Spending 7 years on a degree to get a high supply low demand job though was and is a scam...
I feel really bad for folks who fell for it though, they trusted people who told them it was a good choice and ot sucks watching so many people suffer for it.
Literally all I did at 19 was crunch the numbers. "Average salary for that field is this, at min wage I would lose this much a year not working and going to school. After paying off my debt it'd cost this, I'd make this much more per year if I get the job asap... so it'd take.... thirty years for the investment to pay out? Wat?"
After comparing some costs vs others and contacting people in the fields, it became apparant that my dream field was actually a huge money sink, and my second best wasn't much better... but my third option was actually very low barrier of entry, growing demand, and paid less but cost almost nothing to get into.
So I went with that.