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Determine the Value of a Degree

How To Find Work for the Rest of Your Life

Dr. Chaz Austin, Ed.D., is pleased to present an excerpt from his recently published book entitled, "How to Find Work for the Rest of Your Life."

Dr. Chaz Austin, Ed.D.ย has worked as a career trainer for clients all over the world for the past 20 years. He has been a guest on over 25 podcasts in the past year, has over 35,000 followers on LinkedIn, and wrote and teaches a series of three courses for LinkedIn Learning:

The courses have been viewed by hundreds of thousands of people, and each one has a rating of 4.7 (out of 5.0) based on over 3700 reviews.

He is also a TEDx speaker who said, โ€œWhen I work with my clients, we always start at the end: whatโ€™s your goal? And my personal goal is to find a university willing to do a pilot study of my program, which involves training college students on the business side, in how market themselves and monetize their education. It consists of a MANDATORY series of courses, beginning freshman year, thatโ€™s embedded into a traditional college curriculum. I know from experience that my program works. And then, my LONG TERM GOAL is to have it adopted by every college and university in the United States.โ€

Dr. Austin has presented papers to: the National Association of Women MBAs, the Association for Business Communication, the National Council for Workforce Education, the Society of Educators and Scholars, the International College Teaching and Learning Conference, and the Global Conference on Leadership and Management, among others.

He holds a Doctorate in Organizational Leadership from Pepperdine University, and has been a college professor for over 20 years.

Dr. Austin has authored three books on self-marketing, treating yourself like a business and behaving like an entrepreneur. His latest book, from which the following is excerpted, isย โ€œHow To Find Work for the Rest of Your Life,โ€ and can be purchased on Amazon

 

Book cover with large text How to FIND WORK for the Rest of Your Life. A person walks up a striped path toward an orange sky. Author: Charles Michael Austin, Ed.D. The design uses navy, cream, and orange colors.

Determine the Value of a Degree

In the 20th century, a degree was the primary, default marketing tool needed to find work. In whatโ€™s become a freelance workplace in the 21st century, degrees are sometimes necessary, but are now insufficient. A degree guarantees nothing, but in some fields, you need to have one to get to the starting line. If they work or want to work in an industry where a degree is useful, my students and clients often ask me whether they should pursue yet an- other degree. Usually my answer is yes. In certain fields (like education), the more degrees you have, the more options you have. But if youโ€™re on a career track where degrees are useful and/or required, youโ€™ll need to choose whether that particular degree is worth the time and money youโ€™ll invest to earn it. And unfortunately, there may not be a direct correlation between your investment and the results.

When you buy a car, you know what youโ€™re getting. You can choose the options you want and know ahead of time what it will feel like to drive it and how it will perform. The results of an education are more indirect. I paid approximately $70,000 for my doctorate. I canโ€™t actually measure the return on that investment, however, because itโ€™s indirect. Was it worth it?

Absolutely. Can I tell you the specific results? Not exactly. I can say that since earning my doctorate, I have more intellectual rigor, am paid better for my work, and have enjoyed teaching and publishing opportunities that I would not have had without it. Have those new opportunities paid back the $70,000? Yes. But โ€“ those opportunities were only partially a result of my becoming DOCTOR Austin. The relationships Iโ€™ve developed, the experiences Iโ€™ve gained, and the accomplishments Iโ€™ve achieved during the many years before I earned my doctorate, how I leveraged them, and my ability to market myself have all contributedโ€” and continue to contributeโ€”to my success. I canโ€™t tell someone who is thinking of getting a law degreeโ€”and with it, a debt load of perhaps $100,000โ€”whether itโ€™s going to be โ€œworth it.โ€ What I can advise is that before you enroll in a degree program, you should decide if this degree will help you to manifest your passion in the world. In other words, donโ€™t get a law degree just because you can make more money if you have one. Donโ€™t have it be a default step because youโ€™ve hit a wall in your career of choice (say, acting) and youโ€™ve heard and/or read that lawyers make a lot of money, even though youโ€™re not particularly interested in the law. Instead, do your research. Talk to people who already work in the field and find out from them whether they think it would be worth your time and money. If youโ€™re just graduating college and donโ€™t want or are afraid to get into the workforce, donโ€™t get a masterโ€™s degree just because you donโ€™t know exactly what you want to do. Instead, get to work. Find some kind of a job and give it a few years. You may find that you didnโ€™t need an M.B.A. after all. You might discover that you like working in art restoration, so the degree you need is an M.F.A. Or maybe youโ€™ll learn that you didnโ€™t need a degree at all.

And if youโ€™re graduating high school and want to be an auto mechanic, getting a bachelorโ€™s degree doesnโ€™t make a lot of sense. Repair shops hiring mechanics donโ€™t value them. What youโ€™ll want to pursue is your ASE certification. If youโ€™re a carpenter, youโ€™re guided by the mantra, โ€œmeasure twice, cut once.โ€ You can use this idea whenever you consider furthering your education. Research as thoroughly as possible before you commit your time or money to a certificate/degree/license, so you can determine if it will provide a reasonable return on your investment.

โ€œHow To Find Work for the Rest of Your Life,โ€ย and can be purchased here:ย https://shorturl.at/XXWMY

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  • : Author

    Dr. Chaz Austin, Ed.D. holds a Doctorate in Organizational Leadership from Pepperdine University. He has been a college professor for over 20 years, teaching a wide range of courses in business, leadership, and communication.
    ย 
    He has authored three books on self-marketing, treating yourself like a business, and behaving like an entrepreneur, the latest of which is "How to Find Work for the Rest of Your Life" https://shorturl.at/XXWMY.ย 
    ย 
    He wrote and teaches a series of three courses for LinkedIn Learning: "Creating a Career Plan" https://goo.gl/IFMDCj, "Succeeding in a New Job" https://goo.gl/lYxRSH, and "Transitioning Out of Your Job" https://bit.ly/40NvegV
    ย 
    His TEDx Talk can be found here.
    ย 
    Contact Chaz at chaz@chazaustin.com for more resources.

    View all posts
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