May 2007

An interesting article, How College Costs Could Lead to a Market Crash, argues that the increase of college debt (for undergrads, but could also be applied to graduates), coupled with the large supply of college educated folks compared to the demand for such workers, could slow the growth of the US economy and lead to all kinds of social ills – including delaying marriage, kids, and home purchases, and stunting the growth of entrepreneurism, social security, volunteerism, and the arts and humanities.

Pretty doom and gloom stuff, but the man does make a point. It is pretty tough to get ahead with your newly earned college degree when you have the equivalent of a new Lexus in personal debt (or in some cases, a house), and you still need to buy a car to get to your low-paying first job to pay off that debt. And don’t even get me started on those of us who’ve chosen to change careers midstream… We’re starting from scratch.

Yet another example of how the rich stay rich, the poor stay poor, and the middle class grows to extinction.


I’m always looking for the meaning of life in articles about how to change/manage/find my career, and I just read a good one on Guy Kawasaki’s blog.

Trunk’s advice on advanced degrees is interesting, because it is my (short) experience that an MBA helps you if you want to move up in your current company, gives you the courage and knowledge to start your own business (if you needed any to begin with), etc. In terms of changing jobs, though, you’re just another person in the world with an MBA competing with all the other MBAs for the same small pool of positions. It’s a “check the box” move, not a career path in and of itself (unless you specialize in Accounting or some other such thing).

One of the many reasons I picked Law was that it gives one credentials to perform in the Legal field – similar to the way that an Engineering degree allows one to be an engineer. You can’t have a career in it without the education. A Business degree, on the other hand, is different. Anyone with enough guts, smarts, or savvy can open their own business, and some do extraordinarily well. But not all have or need an MBA to do it. An MBA may help to further your current path, but it is difficult to change course altogether with just an MBA.

I’m glad I went back to get it, though I may never actually use it, mostly because of the ego boost it gave me. I was able to prove to myself on my own terms that I was just as smart as other MBAs. The stigma of getting that first “advanced degree” dissipated and opened my mind to other possibilities I had long since wrote off. All in all, a very good thing.

I’ve been thinking a lot about old friends, lately. All of the people that I have lost touch with for a multitude of reasons – moving homes, moving jobs, going to back to school, leaving school, going back to school again – have influenced my life (mostly) for the better, and I miss them, but I am crap at keeping in touch.

So, now that I am starting yet another phase of my life, I am starting this blog in the hopes that I can communicate with you more regularly, and give you a way to chat with me when the mood strikes you. Be a voyuer. Be an active participant. It’s your choice.

Due to a few crazies out there that have been harassing public female bloggers in the past few months, I am keeping this blog off of the search robots for now. So, bookmark this site or keep the e-mail with the address and check in every once in a while and let me know what you are up to!