Re: ANNOUNCE: Vacant Job Positions
Posted in 1996
Topics: General Discussion
In article <DMqsLo.9z1@nsc.nsc.com>, Paul Dito <cpcdsc@tevm2.nsc.com> wrote: >>But consider this, how smart is someone who just spent 4 to 6 years of their >>life and their own money studing something when they have probably could have >>gotten a two year degree technical degree for a lot less money, gone to work >>for a company, and then had the company pay for their degree?? Or could have >>gone into the armed services for 4 years and had Uncle Sam pay for it?? >> > >I just gotta jump in here because I in the process of doing the above: >four years with Uncle Sam, two years for a technical degree (with the GI >Bill picking up the tab), now with a company paying to further my >education...I tell you, it works. > > So after eight years you will be getting the salary you could have been getting four years ago. Assume it costs $10K/year to attend a public college or a tech school, the US Army pays enlisted men $20K, tech school grads earn $30K, and new college grads earn $40K. Assume that good young employees receive an average of an 8% raise per year. After eight years the college boy has earned $10K + $40K + $43K + $46K + $51K = $194K and spent $40K for a net of $154K. G. I. Joe has earned 4 x $20K + $30K + $32K or $140K. He is already $14K behind, and is losing ground every year. Also, G.I. Joe has spent four years in the armed forces instead of four years in college. I think most people would prefer the freedom of campus life. If college boy lived at home while getting his degree, then college boy is even farther ahead because his total expenses would go down to about $5K / year. A technical degree at a public university is the bargain of the century. -- Kevin Cline