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by curiousHacker 4323 days ago
Delivery driver making $80k. Totally negates the value of a college degree. Embarrassing.
7 comments

Totally negates the monetary values of a college degree.

The idea behind science is not to study it because you'll make a lot of money off of it. Even less it is so for humanitities.

Paying in tangibles for intangibles is a very subjective thing and needs to be done wisely.
And vice versa, of course.
How much is enlightenment actually worth if it makes you a wage slave for the rest of your life? College degrees with no monetary value were fine... Until they started costing enough to put you below the poverty line for decades at a minimum wage job. Want to feed your soul? Make it so you never have to work in fast food.
$80K but you're probably 1099. So, no health insurance, no workers comp. coverage, and you have to be more diligent about all your taxes/withholdings.
Unlikely. I've worked as a delivery driver for a couple of different places and it was always W2. If you're scheduled to work and you deliver only for Instacart, the IRS will almost certainly view you as an employee.
Uber and Lyft both 1099 their drivers. I'm not sure specifically about Instacart but I imagine most "on-demand" companies that can get away with it, will do it.

If they're having you use your own vehicle and not forcing you to adhere to a specific schedule, they can probably do it.

Well if that's what you plan to make for the rest of your life, then sure. It's not about the starting package. It's about your growth. Would you be happy doing that for 10 years ? 80K is nearly not enough for most ambitious folks.

Sure, some people are very self motivated and don't need a degree to help them grow. But for most, it lends them more options and also more ammunition for future career growth. Most high end jobs or opportunities today are intellectual/knowledge skill based.

>Would you be happy doing that for 10 years? 80K is nearly not enough for most ambitious folks.

Most of the US population lives (and will die having lived with) making less than that annualy.

> for most ambitious folks.

He seemed to be targeting a specific group that's considered "ambitious." One could argue that everyone is ambitious but I'm sure his point was that those people who aren't satisfied with low-wage jobs and want to do something they see as important, would consider 80K "not enough."

Today's bachelor program is the high school of yesteryear. Not optional anymore - and it's the complexity of life which makes you study till you're 22 - when some century ago in 16 you not only learned all you need to learn by studying, you'd already have some serious experience.

Why now, in 2014, one with a B.S. makes about as much despite all that knowledge escapes me as well.

$80k in San Francisco (especially right now) is like $40k in many parts of the country.
And driving a leased M3? Better watch the mileage limits.
In 10 years, when there will be self-driving cars, he won't have a job.

So you have to take into account current value of a college degree and value based on future evolution.

In 10 years how much will employers care about what you learned in college compared with your expectation for higher wages, increased healthcare cost and decreased willingness to give them unpaid overtime relative to a fresh graduate?

Automating a delivery driver is actually a harder problem than it appears unless you can convince people to accept packages dropped on the curb. I would not lay odds on that being the next job to be automated out of existence.

> Totally negates the value of a college degree.

Totally negates the value of some college degrees. And to be frank, it's unclear why some of those degrees exist in the first place (beyond just bringing in easy tuition money to the university while making the students feel that they are following their dreams).