Is college worth the high cost?
It's estimated that on average college grads tend to make about 80% more per year in salary than those without a degree. That's a pretty significant and motivating number, especially when you take into consideration the higher unemployment numbers for those without a college degree. But if you've got loans - some of that has to go to paying them off. And for grad students it's even worse.
Faced with a difficult job market and high student debts, many folks with a B.A. duck back into graduate school to forestall repayments they can't afford. But as you can imagine - that just leads to more debt.
My question to you: Is a college education worth the high cost? How about a masters degree?
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Replies to This Discussion
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Permalink Reply by Mark Huckabee on -
Absolutely unequivocally worth it! I have NEVER seen any study that did not show that a college education pays off big time over your life.
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Permalink Reply by Mark Huckabee on
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BTW I can speak from experience here because I pay those high bills. My wife and I payed out well over $100,000 for our older son's college and are just about to start paying for the second child. I expect the second one will cost us at least $150,000. That's a LOT of money out of our pockets no matter how you look at it. I feel though that it is totally worth it.
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Permalink Reply by Charles on -
Yes. And yes. Unless you're in sales or entertainment industry where your experience + contacts can help usher you into a that field. Maybe what people should like to know is what they can do for a living that doesn't require a degree.
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Permalink Reply by sAm on -
Yes and yes and yes. College is absolutely worth the debt. Not only is the education important but the experiences you go through in college helps get you ready for life once you graduate.
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Permalink Reply by Dom Bones on -
I'm going to have $50K in debt. TIMES 4! I'm not even in graduate school yet. My parents aren't really helping me pay...
and I'm starting to wonder if I should transfer to a cheaper state school. The education quality would definitely not be as high, but I would very likely be able to get some scholarship dough.
What do yall think?
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