Originally Posted by
Itsajob
I think that society places too much emphasis on a college degree. If you’re going to into law, engineering, or medical school, it provides an essential foundation for more advanced training. If you are going into sales, service, or any of the trades it just isn’t worth the money. Vocational schools provide excellent training. The legacy carriers still think that it’s a big deal though, so if you want to work for them, use this down time to make sure that you can check that box. None of them will be hiring for several years now anyway, so you have the time.
Yea I mean, I’d argue that money spent on college could be better spent on investment real estate or other ventures. The downturn we’re about to experience will bring a lot of opportunity for those of us that are ready for it. Just like it’s done the past couple times. I’m looking at investment properties and businesses opportunities in the next 12-18 months. Plus, I’m personally not even sure I want to work for a legacy...
The legacy business model is heavily reliant on corporate travel and international travel. I think in the short term that international travel is obviously going to take a hit and long-term there will be far less businesses sending their employees traveling. Every 10 years something seems to happen to the legacies. Maybe they pay the most because they are much more prone to the boom and bust. I’d rather have a job making less every year but with a business model that is less susceptible to the whims of wall street or some guy in China eating a bat for lunch.