Comment Re:Prospects (Score 1) 485
I wouldn't trust those stats. Using my experience as an example, I was a uni dropout in the 90s. I still managed to have a solid career. A policy change by the employer meant that those without a degree are grandfathered at their classification, but no promotions were possible without a degree. The employer supported any employee who wanted to attend university and since I was only a few courses short, I took them up on that. I was making $70K before returning to uni. I was making $70K and had a job upon graduation and was promoted and earning $90K within two months of receiving the red envelope with a piece of paper saying I'm part of the graduate club.
I am grateful that I was able to return and finish, dropping out was a big regret. Out of context, these are stories that universities love. It's not realistic for a 22 year-old to expect a degree in economics would land them a $90K job. It was a cororate policy changed that triggered the completion of the degree which then allowed for career development. University education does increase incomes for graduates generally and reduces the likelihood of unemployment and poverty, but they oversell it.