I have a degree, the kind that people tell me is almost as useful as dropping out of college: an English degree. And now I work in a body shop, in the office of the place where you get your car ding boo-boos kissed.
I know I wimped out on my potential career as a teacher (as if there is anything else to do with a liberal arts degree; that's how I ended up in New Orleans. But, I question just how much better off we are when we have been graced with a degree.
I may be smarter, but I feel more burdened than anything.
Consider how life is outside the high-tech company world. Think you can get a good job at UN, or CEE or ISO or even teaching CS101 in the suckiest Italian university without a formal degree ? Think twice.
Basically education widens your opportunities, formally recognized education more so.
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