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How come a college drop out get the same or maybe higher position than a college graduate? |
I've noticed a changed in corperate america. I have a buddy who is a college drop out and a buddy who doesnt even go to college and just go straight to work out of HS. They worked in a Mortgage company. One of them become an Escrow Office making really good money. I saw a guy in my company who got a college degree and just got hired for loan processing. If you dont know what loan processing is, it's just no brainer job sorting documents. A college drop out having a better job then a college graduate? Amazing. An escrow officer IS a type of loan processor/loan officer. It's a glorified clerk position and it pays well because it's boring and repetitive with high turnover because smart people can't stand doing it. Anyone can work for a mortgage company - all you need are basic math skills. There's no "change" in corporate America - this job and many others like it have existed for decades. There are jobs like this that pay well where corporate America does NOT want college graduates. Why? Because college graduates tend to think for themselves, want to advance to more challenging work, and have something bigger in mind than just making money. Microbiologists, statisticians, teachers, anthropologists, and many others with 4 or 6-year degrees can make less money than mortgage brokers. How much you make doesn't mean a thing unless you compare that to longterm job advancement, satisfaction, and earning power. By the way, 60 years ago, right after World War II, the vast, vast majority of business people (mostly men) did not have college degrees. Source(s): http://www.realestateagent.com/faq/real-... An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They are a neutral third-party, responsible for overseeing the escrow process. They typically perform the title searches, prepare final paperwork, witness the document signings as well as ensure that the transaction is executed properly and legally. Well, to some degree experience can be more valuable than a degree. Your friend worked his way up to a different position, but the one with a degree can do this as well and eventually work up to a higher position in a few years. A college degree allows you to get work in a field of your choosing instead of a job "wherever you can" and can be a path to higher success than experience alone. Remember too that ambition can work wonders. If your friend with the degree is complacent and never tries to advance, he will not advance no matter what his background! What's the rest of the information? What degree did this guy get? Maybe it had nothing to do with the job he's working at. There is more important things to look at than just a degree. If you were looking to hire someone for a position in your company and you had one applicant with experience, an impressive resume, good skills and references, but no degree, would you still choose someone with no experience, possibly a poor job history just because they earned a college degree? it depends on a person. I have a simple answer, you don't have to be a college or bachelor degree holder if you don't have a brain; that makes a lot different don't you think? Smart people who knows their way around in corporate America, you are something! Modified 11 months ago |
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