You don't really need a four-year college degree to be successful. Vocational education does pay off better for many of those who have lost jobs or are seeking entry-level positions in trades.
Even lower-level electricians today make on average $48,000 a year. Plumbers make $47,000. That's much more than the average American earns. And those jobs may be more plentiful.
According to a Wall Street Journal 2010 survey, accountants and engineers thought that the schools played an important role in employer consideration but the numbers were not that overwhelming. For business and marketing majors, the survey appeared to show that the schools were not that important, especially when cost was considered.
That going-to-college myth is slowly shrinking with the Great Recession.
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