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College is a Rip Off

Updated on December 12, 2011

The Harsh Truth

College just isn't what it used to be. Today most college kids get out of college with about $40,000 in debt and no job to help them pay it off. It is a constant cycle of abuse that is perpetuated by the banks by loaning an incredibly large amount of money to college kids that have little to no credit history and have no way of proving that they can even pay it back. I am actually graduating this semester and must say that it was almost a complete waste of time. I am forced to make a job rather that get a job and hubpages has help me do just that.

This economy doesn't care how qualified you are because there just aren't enough jobs to go around. There are very few degrees that are worth going to college for and they are the ones that are over saturated. Many law students are finishing law school with over $200,000 in student loan debt and have no job to make the payments. This drives to people to be almost like slaves, where they work whatever minimum wage job that they can find just so they can barely scrape by. Most people are better off if they just stay away from college unless you have a full scholarship. College has become a trap for some people. They are in a huge amount of debt with no way of ever getting out of it.

Hopefully this isn't you, but I know a lot of people in this boat, including myself. I truly see college as a disadvantage because of the time that it takes and also the money. The cost of tuition has risen, but the salary of the jobs that college degree helps you to acquire hasn't. The college degree isn't worth it anymore because everybody has one. In the end a college degree only helps you to get a job, but you will still be working for someone else and doing what they say.

I would rather be my own boss and have no limit on what my pay check possibly could be. I would like to work my own hours and set my own rules and that is what I strive to do. I would like to encourage you to do the same and don't make working for someone else your life goal. I am sure that every writer on this site has their own unique ideas that are capable of sustaining an independent income without the college experience.


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    • chuckbl profile image


      7 years ago from Scotland

      I agree, I think unless you go to a good college it almost isn't worth it for that amount of money. Although if you can get into a good college then you have such an advantage when looking for a job. If you can't, then maybe there is no point going to uni in the first place - in the old days only really clever people went! Nice hub :)

    • profile image


      7 years ago

      I'm not a college student, but I just put my daughter through college and we are both in debt. I agree with you that it's almost not worth it these days to go to college if you're going to end up with monstrous debt and no job to earn the income to pay it off or a job that doesn't pay what you what your worth. The Internet offers so much information that one can almost educate oneself, without the expense or for a good deal less money. And as you state, it also offers a means of self-employment.

      Good luck in your goal of being your own boss. That also takes a lot of dedication, discipline, and perseverance, and it looks like you're off to a great start. Rated this hub up and interesting.

    • msshandriaball profile image

      Shandria Ball 

      7 years ago from Anniston

      I am a college student as well who graduates in May.Going back to college was the best thing I could have done for myself.I have no debt yet and just got a scholarship for my last semester.I also took most of my classes a junior college.College degrees may not help you get a job but it teaches you to stick through things until completion.It seems like it is getting harder to find a job the more experience I get.I will probably end up working for myself because no one is hiring.

    • rebeccamealey profile image

      Rebecca Mealey 

      7 years ago from Northeastern Georgia, USA

      I feel your frustrations. Good topic to write on. College costs have just gotten ridiculous.Good luck to you!


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