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Good points by everyone.
If you go to school, just to go to school, and you have no objectives or ideas on what you want to do, you will end up wasting your time and money.
This is how so many people end up with useless bachelors of arts, and then we have a huge influx of people capable of doing only 1 thing; becoming teachers (just go look at the teacher striking thread in the general chat forum).
If you are going to go to school for business, and plan to start your own small business, or go for accounting and actually follow through with it and get a job in that field, there is no doubt in my mind that your education will have helped you.
Now will it have helped you as much as just having worked that 4 years and gaining experience, I think that's a different answer for everyone.
In terms of trades, or technical programs like engineering, I cannot stress the qualifications and quality education offered at BCIT. I am a BCIT grad myself, and I am currently still attending prep courses there myself as further education.
During my tenure there I had people in my program with engineering degrees from countless post secondary institutions including UBC, SFU, and UVIC. These people simply could not break into the industry, and they came to BCIT to gain the applied background so that someone would actually hire them.
I was hired in my desired field, after only about a month of searching for my job. During that period I was actually offered 2 other jobs which I turned down, because they were BS.
While in my program I thought it was BS, and all the crap they were teaching me was old fashioned and that I would never use the stuff. Fast forward to today, and I realize everything I learned at my work was simply an extension of the base skills I learned in school. Without that background knowledge, and base skill set I would have been completely useless to my employer. Instead I am an asset and thats because my schooling trained me in various different facets, stuff that wasn't even the main teaching points of my classes ends up coming back and helping me at my work daily.
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