meta_pixel
Tapesearch Logo
Log in
Money Guy Show

Beware of THESE College Degrees! (Did YOU Mess Up?)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 1 February 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

With the cost of college and student debt at all-time highs, it’s more important than ever to make sure you have chosen the right degree. In this Q&A, we’ll discuss some of the college degrees job seekers end up regretting the MOST - and those they say were worth the most. Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Check out our course, Know Your Number! - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

But where? Are these college degrees? Did you mess up?

0:10.4

Brun, I am excited about this show because I love when we can share information that might be helpful

0:16.0

maybe to the next generation or maybe to the folks that are influencing the next generation to make

0:21.0

wise financial decisions that will have a huge impact on the rest of their life.

0:26.4

But I absolutely love education. I mean, there's a reason we run one of the largest digital platforms

0:32.6

for financial education in the world. However, I got to tell you for something that I love and

0:38.7

cherish so much, I feel like education is broken in some ways. And there's actually been some data

0:44.8

that just got released that is going to draw light to this. And I'm hoping that we can

0:49.6

share this information so hopefully you and your family can navigate this better or at least if

0:57.2

you can't navigate better, you can be the cautionary tell so you can pay it forward to the next

1:02.8

group that's coming through. Yeah, it's really interesting. We think about the personal financial

1:06.1

decisions in our life that we make. We often think about buying a house. It's a really big decision

1:11.2

for most folks. It's one of the most expensive decisions that they'll ever make. When you think about

1:15.2

automobiles, again, a very large decision that most folks will make. Well, now the landscape in

1:20.9

the world has changed that where the decision you make around education and the education that you

1:25.9

go acquire can be one of the most expensive financial decisions that you make. So you want to make

1:30.8

sure that you make it well and you understand the things you ought to know when you go into making

1:36.2

that decision. Well, let's go ahead and pull the curtain back, show them the data that's got a

1:41.2

little bit of a shock and aaw. So yeah, going on right now, I was surprised to hear that 44%

1:47.6

of job seekers with degrees regret their field of study. That's pretty close to half. It's

1:52.9

unbelievable. They say, I studied that, but I wish I would have done something different and get

1:57.1

this only 27% of graduates actually working their field of study. So I went to college. I took this

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.