Summary
This article talks about how the times have changed since the year 2000 and going to university may not necessarily end you where you want. In addition, this article presents a rather interesting idea of instead of going to university you can go to a specific skills institute where you pay less and possibly learn more for your specific job. The article presented an example that even if you just learn how to be a truck driver you can make a lot of money. Another problem this article touches on is what advice should the seniors provide to the students? Back in the day, the advices of your mother or grandmother would have always been go to college, get a degree, and earn a successful living. Can that same advice be given in the modern day world?
Connection
This article is directly related with one of Chapter One's topic; opportunity cost. Both the book and the article suggests that as time changes, so does education. Is it guaranteed that you'd make a good living right after you obtain your degree? Do people still worry about prestige? The article states that we should have a broader view and look beyond the regular career path. As presented by the author, another route could be to learn at a truck driver school which costs considerably less but at the same time offering a guaranteed above average payment. Similar to the article, the book implies that by having a full time job you may actually make a lot more than you'd expect. You could even possibly invest the money you work for and multiply it by the time one would have gotten a degree. The main theme connected between chapter one and the article is opportunity costs and looking at a broader spectrum of careers.
Reflection
I believe that this topic is very controversial. Whether you would have a successful career (presuming your goal is money) depends on what faculty you are in and what connections you have. If you want to be an accountant and you have friends who's relatives own a bank then you might just be lucky. If you major in architectural engineering and your city is building a new museum then you may make a lot of money. University is a place to learn, what you decide to learn paves the road of your career. You have to be smart and understand demand and supply. What does the world need right now? Accountants, Actuaries or Cosmologists? What type of life do you want to live? If an above average life style is all your interested in then perhaps start looking at the other million possibilities such as; specific institutes of technology, specific training programs, retail manager. Personally, I am going to go through university, get a degree, and take the risk. The worst that can happen is that I've spent 4 years taking in knowledge that not many in this world have.
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