ABC 20/20: Bachelors Degrees May Not Be Worth the Money???

[bobaloo000]

My story is similiar to Lindagerr.

I have been working in the Financial industry without a degree since 1985. I have moved up the ladder in those years and I am now a seasoned executive. Two years ago I decided it was time for me to move on when I made a shocking discovery. The resume filters employed by companies were discarding my resume because I did not have a degree. In the past the experience on my resume always got me into the door and the face to face interview would seal the deal, now I could no longer get past that first step.

Even though I was more than qualified for these positions I was applying for, and I am recognized as an expert in my field (I speak at conferences, sit on industry boards, publish articles in trade magazines), it was all for naught. No degree, no interview. Heck, I doubt anyone even read the resume and cover letters I was sending.

So my feeling is that, yes a degree is worth getting. However, you can get a degree without going into debt.

btw - The first poster on this board stated that billionares with degrees skew the results. Don't billionares without degrees (Bill Gates, Michael Dell to name two) balance that out? I don't agree with the numbers either, but don't blame the super rich. Leave that for our new president.