I think that % wise those with a useful college degree make more money than those without a college degree or at least the opportunity is there.
There are always examples of those who dont have a degree but are doing great financially. Many have a great idea and get lucky, others work really hard and get noticed but most have the financial support of their family. They have some one to give/lend them money to get started. However, most people do not fall under those categories and end up at a dead end job or have to work crazy hours or schedule in order to make money.
My younger brother has no degree but makes way more money than I do about $1,000 per day! (welder)
But to do this he has to travel to places far from his family and live out of a travel trailer or crappy hotel room.
Work crazy hours and have an unstable work place
I went to college, got an engineering degree, met my wife in college and now combined our salaries are about $200K. We each have 401K, IRA, insurance and hardly work 40 hours a week. We are home every evening and get to see hour kids grow up. I have the oppourtunity to work anywhere in the world and make way more money but I do not because I am happy where I am. The degree just gives me the opportunity to do so if I ever choose to.
All my friends that started working after high school make about the same as I do but they have to bust their but and work weekends and nights to make up for their lack of education. They have a wealth of experience in their one field but they are stuck doing that one job for ever. Putting in those long hard hours might not be difficult now at age 30 but their pay has topped out and the days are only going to get tougher as they get older.
The majority of time, college is the way to go.
and yes I have horrible grammar and spelling
well said Sabino...
Day in and day out a degree will create opportunities and open doors for you but then it is up to you to keep the job and get the promotions...quite a few times the lack of that paper won't even get you past the application process...