Get a world-class university degree for less than the cost of a bus pass Vilnius, Lithuania August 5, 2015 Conventional wisdom tells you that a university degree is the best investment you can make for your career. Invest the time and money now, they say, and you'll make heaps more in the future. The thing is, that's not really happening anymore. Tuition costs have skyrocketed, meaning a far higher initial investment, while potential returns have slumped. From baristas to janitors, some 43% of graduates don't even need a degree for the jobs they have. This basically means that they are four years behind and $50,000-$100,000 worse off than if they'd just gotten that job straight out of high school. There are better uses of one's time and money than getting a university degree. But, if you feel like you absolutely HAVE to have a university degree, at least do it smartly. Treat education like an investment. Think about both the capital and opportunity costs, and calculate the expected returns. The costs are the time and money that could be... More