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Does a fancy degree really help you get a job? [Copy link] 中文

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Post time 2014-10-5 10:08:14 |Display all floors
While overseas study agencies are busy adding up the number of Chinese families that sent almost 500,000 children to study overseas by 2014, some observers have been taking a hard look at the real return on such hefty investments.
Jack Ma, a Chinese Internet entrepreneur who was named the Financial Times' 2013 Person of the Year, shared his views on education in a Dec 29 article entitled Chinese  ...

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Post time 2014-10-5 10:08:15 |Display all floors
"...and families with an annual income around 300,000 yuan who want to buy their children foreign degrees increased 2.6 percent over a record number in 2012."

BUY a degree? There is the fundamental misunderstanding Chinese have about how western education works -- you EARN a degree, you do not BUY it.

Even in the article, one of the FUERDAI admits he didn't study while in uni, and instead rented an apartment out that his daddy gave him for cash.

Buy and earn, different concepts. You cannot take Chinese Characteristics, such as buying qualifications for a stack of money, and export that to America.

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Post time 2014-10-5 10:37:13 |Display all floors
Education and degrees are tools. It depends on how one uses them that determines success in life. Buying a fancy tool is not always helpful or worth the price, unless one puts it to good use and recovers the investment. It is often more worthwhile investing in other tools than a fancy degree - same knowledge with a cheaper brandname and perhaps some capital to invest in one's business ideas that can fetch a better return and life.
My friend the Black Swan

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