Do you foresee the bachelor degree requirement ever going away

[cpursley]

More college dropouts will become appraisers.

That's fine, college is expensive and for many degree programs, overrated to useless. There's nothing an appraiser does that can't be learned outside of the college track for someone with enough motivation. I have he real estate degree but am self-taught software guy - that was at least as hard if not harder than the real estate stuff. So my lesson there was, it's possible if you want it. And at the end of day, everyone has to take the same tests. There's even still a state or two that lets attorneys skip the degree if they can pass the bar.

 

[glenn walker]

My degree in History and Sociology is worth about a cup of cheap coffee in the real estate world. My partner had a degree from Dallas Theological Seminary like that helped his appraisal career.

 

[Fernando]

The last year my daughter was at Stanford I paid tuition, housing, etc about $70,000 or something like that.
Did she learned $70,000 in knowledge. No.
But it helped her in getting a good job and met her husband doctor. So it was worthed it.

 

[Digger88]

Licensed appraiser requirement is currently no college credits and 1,000 experience hours over a minimum 6 months., down from 2,000 hours over a minimum of 12 months.

the problem is no one will give you work as a licensed appraiser save some lowly AMCs and the VA which never open up. I'm training a friend who could work here easily but she has no college experience

 

[shrubberyvaluation]

I personally thing college requirements in general are bad, I prefer targeted proficiency for a profession. With the internet most things you learn in college you can just look up online. I think it would be better to have more focused schooling for occupations like doctor or a lawyer.

I have a Bachelors in Finance. It is pretty worthless IMO. I wouldn't of gotten it if I didn't start community college instead of finishing high school and then having the bank I worked at having tuition reimbursement.

Sure maybe some do better learning in such an environment, but making that the only way while racking up debt seems bad to me.

 

[Terrel L. Shields]

Sure maybe some do better learning in such an environment, but making that the only way while racking up debt seems bad to me.

Back when you could work 20 hours and survive, and tuition at a state college was $200 a seamster, it made sense to get a degree, or at least, it wasn't something you got deep in depth with. I left college without owing anyone a dime. I paid my own way in grad school. Few without parental support to the max or scholarships can leave college without being fairly deep in depth. A job delivering pizzas 5 nights a week will not pay the bills like it did in college.

My roomie was a clerk in a grocery store, another drove a school bus, and my ex was flipping burgers at the local burger joint. After we married she was proofreader at a local paper while finishing college. All were paying their own way for the most part with parents paying the $200 tuition and maybe a few bucks along to buy gas and snacks. It didn't break anyone's bank. A parent shelling out $100k for even a scholarship student is financially hurt as well as seeing their child deep in debt.

 

[WestMichiganCG]

Back when you could work 20 hours and survive, and tuition at a state college was $200 a seamster, it made sense to get a degree, or at least, it wasn't something you got deep in depth with. I left college without owing anyone a dime. I paid my own way in grad school. Few without parental support to the max or scholarships can leave college without being fairly deep in depth. A job delivering pizzas 5 nights a week will not pay the bills like it did in college.

My roomie was a clerk in a grocery store, another drove a school bus, and my ex was flipping burgers at the local burger joint. After we married she was proofreader at a local paper while finishing college. All were paying their own way for the most part with parents paying the $200 tuition and maybe a few bucks along to buy gas and snacks. It didn't break anyone's bank. A parent shelling out $100k for even a scholarship student is financially hurt as well as seeing their child deep in debt.

This one got me, $430,000 in student loan debt and didn't pass his boards.

 

[Terrel L. Shields]

I would think you are living pretty rich if you have to borrow $400k plus to go to college for 4 years, or even 6 years.

 

[ucbruin]

Back when you could work 20 hours and survive, and tuition at a state college was $200 a seamster, it made sense to get a degree, or at least, it wasn't something you got deep in depth with. I left college without owing anyone a dime. I paid my own way in grad school. Few without parental support to the max or scholarships can leave college without being fairly deep in depth. A job delivering pizzas 5 nights a week will not pay the bills like it did in college.

My roomie was a clerk in a grocery store, another drove a school bus, and my ex was flipping burgers at the local burger joint. After we married she was proofreader at a local paper while finishing college. All were paying their own way for the most part with parents paying the $200 tuition and maybe a few bucks along to buy gas and snacks. It didn't break anyone's bank. A parent shelling out $100k for even a scholarship student is financially hurt as well as seeing their child deep in debt.

Only because you didn't do any drugs....

 

[George Hatch]

In 2025 people can earn college credits online, without moving to a college town or attending live classes. Heck, if they can read a college text they can CLEP all or almost all of the courses they need for an appraisal license - for cheap. Exams cost $95/course.

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