If you are a underachiever in your studies, maybe you ought to skip college and become a plumber instead.

Well at least that is what billionaire and New York City Mayor Michael Bloomberg advised ‘so-so’ students to do in order to avoid expensive college fees.

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Daily Mail:

New Yorkers are used to Mayor Bloomberg trying to nanny them with laws about soda sizes and smoking but now the billionaire has taken to dishing out career advice.

Speaking on his weekly radio show on Friday, Bloomberg suggested that ‘so-so’ students might want to consider going to trade school and becoming a plumber as a better economic bet than obtaining an expensive undergraduate degree.

‘The people who are going to have the biggest problem are college graduates who aren’t rocket scientists, if you will, not at the top of their class,’ he said.

‘Compare a plumber to going to Harvard College – being a plumber, actually for the average person, probably would be a better deal.’

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Mayor Bloomberg has a point. Who wants to stack up on student loan debt when you can pick up a trade like plumbing or a position in the department store industry?

The average amount of student loan debt for the Class of 2011 was $26,600, and the median expected salary for a typical plumber position in the United States is around $40,00–give or take things like location and experience.

So installing and repairing your own waste disposal system to keep the house tidy is not too shabby over having Sallie Mae as a long-term pimp after graduation, right?