How come a college drop out get the same or maybe higher position than a college graduate?

I've noticed a changed in corperate america. I have a buddy who is a college drop out and a buddy who doesnt even go to college and just go straight to work out of HS. They worked in a Mortgage company. One of them become an Escrow Office making really good money. I saw a guy in my company who got a college degree and just got hired for loan processing. If you dont know what loan processing is, it's just no brainer job sorting documents. A college drop out having a better job then a college graduate? Amazing. A guy can go straight out of highschool and work for a Mortgage company going through temp agencies. So does it mean a college degree is irrelevant?

Asked By: epicwolf - 6/1/2006
Best Answer - Chosen by Asker
An escrow officer IS a type of loan processor/loan officer. It's a glorified clerk position and it pays well because it's boring and repetitive with high turnover because smart people can't stand doing it. Anyone can work for a mortgage company - all you need are basic math skills... More
Answered By: ann_other18 - 6/1/2006
Additional Answers (3)
Well, to some degree experience can be more valuable than a degree. Your friend worked his way up to a different position, but the one with a degree can do this as well and eventually work up to a higher position in a few years... More
Answered By: QuestionWyrm - 6/1/2006
What's the rest of the information? What degree did this guy get? Maybe it had nothing to do with the job he's working at. There is more important things to look at than just a degree. If you were looking to hire someone for a position in your company and you had one applicant with experience, an impressive resume... More
Answered By: MELISSA B - 6/1/2006
it depends on a person. I have a simple answer, you don't have to be a college or bachelor degree holder if you don't have a brain; that makes a lot different don't you think? Smart people who knows their way around in corporate America, you are something!
Answered By: Bureya - 6/1/2006
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