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This topic contains 3 replies, has 4 voices, and was last updated by Jan Sobieski 4 years, 1 month ago.
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I was unsure whether to proceed with studies, and some of my best ideas have been found at the bottom of bottles, so I partook and ran some numbers and came to the conclusion that bumming around is more prudent than going in to electrical engineering.
The average starting salary for an EE in the States is about $55k. After the Feds get their hands on it, we are left with $41,2k, or $3,4k / mo.
Right now, I pay nothing for shelter, and we will assume that the storage unit + shower facilities are a wash compared with utilities at a house or apartment. I estimate that in a medium-sized city with engineering jobs, it will take $1,2k in rent or mortgage to avoid hearing rap or mariachi music at night. This is not West Virginia where the rent is half a pittance and the worst one hears is an occasional re-enactment of the Jerry Springer show.
As income is being declared, student loans will enter repayment, so that is another $570 / mo. One is left with a princely $1’630 in pocket money, not accounting for after-tax expenditures such as the clown suits professional men are expected to wear, the cost of transportation, mobile telephone, &c.
Yours truly is grifting $1,2k from various sources with very little trouble, so let us consider that the opportunity cost.
Now hours…the 40hr work week is over; I would wager that the average is 60hr when one accounts for the work one takes home.
To find the additional amount per hour I would be making —- (1’630 – 1’200) / (60 * 4) = $1,79 / hr which is rubbish.
It is funny how we went from large, irrelevant numbers, such as $55k, but the number that counts is so much smaller i.e. the amount of money one actually sees after one hour’s work. I recall the much-ballyhooed figure of $500k that was cited as the average increase of one’s lifetime earnings as a result of obtaining a 4yr diploma, yet even a simplistic analysis reveals that average data is deceptive. A room with a millionaire and nine vagrants has an average net worth of at least $100k. Just as foolish is to aggregate everyone who got a 4yr diploma or higher and average their salary, and do the same for everyone else; this is the same faulty analysis that begot the oft-cited “77c for every $1 a man earns” figure.
I wonder if people knew the bare basics of statistics and labour market analysis whether we would see men busting their humps for four years to vie at the chance to augment their hourly earnings by less than the minimum wage in Chile.
The average starting salary for an EE in the States is about $55k. After the Feds get their hands on it, we are left with $41,2k, or $3,4k / mo.
That is in the same bracket as a long haul truck driver, and it is considerably below what a mechanic at a car dealer. Neither of these men have crushing student loans; don’t leave out the EE’s student loans.
Society asks MGTOWs: Why are you not making more tax-slaves?
Anonymous18Well.
How many opportunities would you have without a post secondary degree? 5 years from now? At a different location, with a new company?
Can you just pick up and leave after climbing the ladder for 10 years and then getting laid off…. Only to have a high school diploma and some kind words on reference letter?
That EE degree will follow you and open doors otherwise not possible.
You forgot the lifelong bitch slapping that comes from ‘higher ups’ who have bachelor or master degrees as they’d likely be your boss. Only very few markets (truck drivers being one of them) allow autonomy to an extent an ‘educated’ person takes for granted.
It’s not all about numbers. A 6th year neurosurgery resident (14 years of being a full time student AFTER high school) makes less than $15/hr (salary/hours ratio).
Numbers aren’t the end game.
I still see more well-to-do professionals with degrees than I do college drop outs or high school diploma owners.
Career and lifestyle. The closer the two meet, the better it is.
If you mean electrical engineering. I vote the degree. It is a soft desk job and you’ll prefer it when you are 60 years old.
Love is just alimony waiting to happen. Visit mgtow.com.
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