> It is impossible to predict value of degree

Surely a stem degree and an opportunity to get a post graduate stem degree in a blazing hot tech market is worth more than $30.

Do you really think GP and a venezuelan asylee have same amount of privilege because they both came over with $30 in their pockets. Yet that was the logic GP used to justify his lack of privilege.

All im saying is that you are probably giving degree too much value

You guys over there seem to be treating degree like the only way to better life

Read it over again Magoo: the subject is a specific kind of degree and how it opens doors for a specific industry in the Bay Area. A specific industry known for being insanely competitive and requiring almost comical qualifications to get in. Put the pieces together.

I still stand with my point

Degree is not worth this much.

A degree gets you in the door at all and starts you off with a higher salary (I would say significantly so) than someone with no comparable education. Those two things are a huge advantage, both in terms of money and in terms of the odds that you will be able to start making it at all.

Thats what i wrote - degree makes your start easier, but with years of exp. it becomes less and less relevant

So the biggest salary gap is at the beginning and later everything is up to the skill

If you want fancy jobs like Jane Street then "just" degree from random school may not be enough

Your opinion is contradicted by reality.

https://www.forbes.com/sites/michaeltnietzel/2021/10/11/new-...

Correlation =/= causation

People with degrees, especially in stem are small (in compare to all ppl) group of people who are willing to put multi year, intense effort studying non trivial things

So yea, just those traits make them more likely to earn more

Go ahead and give degree to somebody without skills in good paying jobs and see whether that person will be milions ahead too