We choose (or let a child choose) a college for all of the wrong reasons. We don't look at it as the financial decision it really is. We or our children choose a college based on soft issues such as, my friends are going there (i.e. I have people I know to drink with), it is a pretty campus (it will be fun to play tag football on the Quad), they have a great sports program (not that I play sports, I just want to go to the football or basketball games), or they offer a program I want to take (different than a program I can use to get a job).
We spend more time researching a big screen t.v., car, or a house. We wouldn't make any of those purchases without first deciding if we could afford it. Then, we want to see how we can get the most for our buck. We look for a sale, discount or a rebate with these purchase, why don't we do the same for college?
The bottom line is, selecting a college and a major is a financial decision. Can I get a good return on my investment? Will I have a better job, with better income potential with my education. If I have to borrow to get the education, will I be able to pay back the loan?
I believe that in todays world, you need some advanced training or skill to get a good job, but not necessarily a college education. If you want a career that requires a college education, look for ways to get a good education without spending a fortune. Community colleges and state schools can be a great place to start.
It depends on the student. If the student is willing to attend classes and put in the time and effort to learn, then definitely yes. But for others, a better investment might involve learning a trade.
by globaltechsource 2 years ago
Average tuition at four-year public colleges in the U.S. climbed 6.5 percent, or $429, to $7,020 this fall as schools apologetically passed on much of their own financial problems, according to an annual report from the College Board, released Tuesday. At private colleges, tuition rose 4.4 percent,...
by InfoFinder 6 years ago
What are the benefits of attending college - is it worth it anymore?
by Emayordomo 3 years ago
What's a Bachelor's degree really worth these days?
by professorjeff 5 years ago
There's a lot of talk about education. Get a college degree and you've saved the day. It's the end-all and cure-all. A formal education is critical to your sustained achievement. But is the bachelor's so super, man? Not a lot of surveys going out to grads asking critical questions about degree...
by Agathe L 13 months ago
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by alexandriaruthk 5 years ago
Is college education still worth these days?With rising cost of education and the shift in the new job openings, there seems to be a mismatched of the number of graduates in a certain specialization and the demand for the particular job.The new graduate needs to pay a student loan and then trying...
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