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Degrees of Separation: Your College Major Matters More Than Ever

People with associate's degrees can out-earn bachelor's degree holders, if they pick the right major.

Even though there's plenty of debate nowadays over whether a college degree is worth the money, it's still conventional wisdom that the more education you have, the more money you'll make. But, according to the latest report (PDF) from Geogetown University's Center on Education and the Workforce, what major you choose, and the access it gives you to particular occupations, is actually the most powerful factor in lifetime earning potential, trumping degree level.

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Ninety-Nine-Year-Old Sets World Record, Proves It's Never Too Late to Finish College

Oregon resident Leo Plass dropped out of school in 1932, but now he finally has his college degree.

Did you drop out of college? Ninety-nine year-old Oregon resident Leo Plass is proof that it's never too late to get your degree. Plass dropped out of school in 1932 when he was 20 years old, but after receiving an associates degree from Eastern Oregon University, he's set a world record by becoming the oldest person to graduate from college.

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PayPal Billionaire Peter Thiel Should Stop Telling College Students to Drop Out

Thiel's program to turn dropouts into tech entrepreneurs isn't just hypocritical, it's also irresponsible.


We've survived the tech bubble and the housing bubble, but according to Peter Thiel, one of the co-founders of PayPal, we're in the grips of a brand new bubble: higher education. Thiel, who is not a dropout—he attended Stanford for both his undergraduate and law degree—is challenging the idea that you need a degree to succeed in life through a new venture, his "20 Under 20" project. Instead of hiring graduates from the nation's most elite schools, he's paying 20 of them $100,000 to drop out of college, run with their entrepreneurial spirit, and start companies.

Thiel told TechCrunch that, "A true bubble is when something is over-valued and intensely believed," noting that, "Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It’s like telling the world there’s no Santa Claus."

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