Is it prudent to invest heavily in education?

1. 59

   Anjiliposted 13 years ago

   Is it prudent to invest heavily in education?

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2. 0

   msorenssonposted 13 years ago

   If you meant for yourself and for your children, yes.
   
   If you meant an institutional investor investing in stocks of companies that focus on enhancing education, I will have to do more research on what the companies do in order to answer

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3. 71

   Melindas Mindposted 13 years ago

   Yes, but not just money-wise. You should be sure to invest time in educating yourself and your children. You only get back what you put into an investment, and if you want a really well educated family, you have to do more than just pay the bill.

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4. 0

   paxwillposted 13 years ago

   In the matter of your own education, I think the answer is "yes" if you can justify the expense and you know that you can make a better life with your new knowledge and skills.
   
   But as far as heavily investing in your children's education, you have to realize that you have no control over what they do with their lives.  Plenty of parents have spent tens of thousands (sometimes hundreds of thousands) of dollars on premium education for their kids, only to have their kids drop out or waste their lives. A woman I work with spent tons of money sending her kids to private elementary schools and high schools but her adult kids all work min wage jobs. She paid for one of them to go to college (the only one who got accepted) but that child dropped out after one year. 
   
   If you you can't afford to gamble your retirement savings on your children's education, then you should be very cautious about how much you invest in their education.  Of course, if they are academically gifted and emotionally stable, it's probably worth it.

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5. 60

   paul otienoposted 13 years ago

   Definitely! Investing in Education is the best decision one could ever make as it guarantees full returns.Trust me,getting an education will pay lifelong dividends.Therefore, do not be withheld in your desire for a quality education no matter the cost.Just remember this:If you think education is too expensive then try ignorance ,also, don't forget that cheap is expensive.

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