RE: is college worth it anymore
March 16, 2014 at 3:53 pm
(This post was last modified: March 16, 2014 at 3:53 pm by Tonus.)
(March 15, 2014 at 2:03 pm)futilethewinds Wrote: Typically, the difference between a college education and a high school one is about $500,000 over a person's lifetime, so I would have to say yes.That's an average, and is dependent on a lot of different factors. In the USA the claim used to be that the difference was up to $1 million over the course of a person's working life. But given that so many of today's college graduates start their working life in five or six-figure debt, that number is probably not as high anymore.
I get the impression that a college education is still highly sought after in the USA, for no other reason than that you "must" get one. It has become an end unto itself for many people (witness the number of successful and highly-paid athletes who make it a point to complete a degree that they are almost guaranteed not to use) and therefore planning beyond it is almost nonexistent. Entering into $20,000 to $200,000 of debt before you even begin a career is not something that should be done as lightly as it seems to be here.
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