The Saving Advice Forums - A classic personal finance community.

Forget College, Working For UPS is Where It's At!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #31
    Originally posted by 97guns View Post
    im not talking averages
    Why not?

    never said that and govt provided numbers mean little to me.
    I kinda figured that from your other posts.

    i know 2 individuals in real life that have student loans south out 175k, one of them just refinanced
    You use two anecdotes and from there generalize to a 323,000,000 person, continent-spanning nation.

    That's bad.

    Comment


    • #32
      Originally posted by Singuy View Post
      I agree

      However, in order to make 6 figures like this UPS driving job, one will most likely will need grad school and accumulate 100-200k worth of student loan debt. Most of my students have 6 figure loan debt and will make no more than this UPS driver..and will not get his sweet pension as well. But hey at least it's a desk job.
      MOST?

      I beg to differ. There are many who go to top rated state schools, get scholarships, come from wealthy families, etc.....

      I am going to tell you that I know only a very small handful of people who have owed anything more than $100K, even including grad school, medical school, etc....

      Statistics show that the average student loan graduating college is $37K. That is a far cry from $175K.

      I can't seem to find any statistics specifically on those who make over $100K and have a different loan amount.

      Can you?

      Comment


      • #33
        Originally posted by Fishindude77 View Post
        Just because a job involves a little physical work, doesn't mean it will break down your body. In reality, many such jobs are better for you than camping out indoors at a desk day in, day out.
        I sit at a desk all day, and I get a lot of joint/muscle pain. I know it is caused by sitting at the desk, because when I am on vacation walking around all day, my pain is gone.

        Comment


        • #34
          Originally posted by moneybags View Post
          I sit at a desk all day, and I get a lot of joint/muscle pain. I know it is caused by sitting at the desk, because when I am on vacation walking around all day, my pain is gone.
          Agree with this and fishindude... the human body is not designed to sit at a desk for 40+ hours a week.

          Some employers are giving people stand up working stations... I also read online a while ago that some stations even come with a treadmill so they can walk (slow pace) while they work.

          I would love that.

          Comment


          • #35
            Originally posted by Jluke View Post
            Agree with this and fishindude... the human body is not designed to sit at a desk for 40+ hours a week.

            Some employers are giving people stand up working stations... I also read online a while ago that some stations even come with a treadmill so they can walk (slow pace) while they work.

            I would love that.
            Some employers even allow for naps, which studies show can improve an employee's overall productivity.

            Sadly, my employer has not bought into any of those things yet. Heck, for "security reasons," they won't even allow us to use the stairwells instead of the elevators.

            Comment


            • #36
              I think the bigger question concerning traditional 4 year college isn't necessarily the student loan debt itself but the value of certain degrees in comparison to the cost of the degree and the amount of debt incurred. There are many worthwhile programs in college that will prepare an individual for entry into a decent earning to eventually a lucrative career. There are also many rubbish programs offered by colleges that are not worth the paper they are printed on. For the folks that go into these programs and graduate with worthless degrees even $37,000 in student loans would be a considerable financial drain.

              I just think too many students and their parents blindly put their faith in college as the best choice. For some it is for others that really have no direction or understanding of what they want to do for a living its not. Parents need to sit down with their kids and explore all other options rather than just sending them to college and hoping they figure out what they want to do in 4+ years.

              Comment


              • #37
                Originally posted by dawnwes View Post
                MOST?

                I beg to differ. There are many who go to top rated state schools, get scholarships, come from wealthy families, etc.....

                I am going to tell you that I know only a very small handful of people who have owed anything more than $100K, even including grad school, medical school, etc....

                Statistics show that the average student loan graduating college is $37K. That is a far cry from $175K.

                I can't seem to find any statistics specifically on those who make over $100K and have a different loan amount.

                Can you?
                Always making me do work Dawnwes

                The median income for someone with a professional degree is $86,580

                The median income for someone with a Doctorate degree is $80,652



                Average debt for PH.Ds (non-education..whatever this means) 62k
                Average debt for Professional practice PHD: 97k
                Average debt for health science Doctoral: 131k



                Lastly, 70% of students with a professional degree/PHD have more than 80k worth of student loans..while 54% have over 120k

                This report details how much financial aid students get to help them pay for college, where that aid comes from, and how that has changed over time.


                So when I said MOST..I mean most! These numbers are not even from 2016..which I am sure is more ridiculous today than 2012.

                From where I am standing...if you are willing to do some physical labor that is probably good for your health anyways...and if you are not school material..this UPS job looks awfully good making that of a professional degree recipient. Just the pension plus free healthcare for life is worth between 3-5 million depending how you invest. Also you can start young and have no debt! Maybe it'll bore you to death, but some people get a sense of joy delivering packages to people..especially for a child who has been waiting by the window all day for the package..you are pretty much a real life Santa.
                Last edited by Singuy; 06-10-2016, 10:07 AM.

                Comment


                • #38
                  We had a student in my MBA class 17 years ago worked as UPS driver, making $55-60K a year. He told me, he love working for UPS because of the Pay & Benefit with no degree. He moved from sorting eventually to a driver after 20 years. Those same pay I would assume now would equate close to 100K a year as a driver.
                  Got debt?
                  www.mo-moneyman.com

                  Comment

                  Working...
                  X