Why earn more degrees, just learn a language for more earnings power and a richer life

In the States its very trendy to accumulate more degrees and initials behind your name. It is education inflation.  Our fathers need a colleage degree now we need a masters and really some extra designations beyond that. Although it looks good on your CV, rarely will you use what you learn in ‘B’ school in real life, other than having an abstract conceptual model of the way markets work.  However, if you would rather focus on something that will pay and be useful in ways you will never expect, learn a language.
I do not have the statistics at my finger tips, however, in my opinion learning a language like Spanish is worth more than any MBA.  I am not impressed if someone tells me they are an MBA or a PhD, however, if they can speak Russian for example, then I am impressed. Schools are a business and turn out diplomas like a factory produces widgets. I know, because I have spent a fortune on education. However, my energies would have been better spend learning languages. Languages you can use your who life. The latest theories on derivatives models and inverse floaters (Wall street speak) you will not use when you are 84 years old. But you could use Spanish or Russian. With Russian you could become the entrepreneur that the business schools write about.

If you want to have a richer life, focus on language learning. Learning Polish changed my life more than any of my top University degrees.

Tags: earnings, language, learn, learn a language, money, Polish, russian, salary, Spanish