⌛ Analysis: Is College Worth The Struggle?

Saturday, November 27, 2021 9:08:48 PM

Analysis: Is College Worth The Struggle?

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Brad Cunningham. Download App. San Diego State vs. Arizona Odds. Odds via DraftKings. Get up-to-the-minute college football odds here. San Diego State Aztecs. Arizona Wildcats. How would you rate this article? Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports. Betting Education. Casino Gaming. Top Stories. Rushing Success. Passing Success. Your first step should be to ask yourself what you want to do with your life. When you picture your career, what do you see? Your answer should lead you to your potential college major.

Many students go to college without knowing what they want to do and without a major to claim. While taking college courses is one way to figure out what you want to do with your life, it is arguably the costliest method to make that discovery. Spend enough time waffling around trying to figure out your major, and you will add extra years onto your college bill—leaving you with a bigger investment and more debt to overcome. Research your interest and find associated jobs and majors. Try to figure out how competitive the field is and how much money you might be able to make right out of college. In that comparison, would you be in a good position to pay off your loans quickly and start actually building wealth?

Or would you be more likely to struggle financially and pay off your loans slowly? Another consideration worth adding to the equation is graduate school. Is your preferred field of study one that would require additional schooling, training, or certification after four years in college? While some post-graduate programs can yield excellent job prospects, high salaries, and a lot of respect medical school, for instance , they can also add hundreds of thousands of dollars to your personal education bill.

You will need to ask yourself whether you want to invest the time and money that will be necessary to go through those extra steps. Finally, consider the value of your time. Take another look at the skills and interests that you have. Do you have a skill that you could potentially build a career around right now—without college? For instance, if you are computer savvy, you might be able to amass computer programming skills and find a good job in the tech industry with no college degree. Alternatively, you could stay at the job you worked in at high school especially if there is room for advancement or consider trade school options if your skills and interests tilt in that direction.

No matter your decision, the important thing to remember is that college, while a popular path, is not the only path. A college degree is no guarantee of success. Recent graduates face an unemployment rate of 5. Click here to read more about assessing the value of a college degree. Louis, I was helping my family prepare and cook meals by the time I was Learning to turn fresh, basic ingredients into delicious appetizers and meals with or without recipes sparked a desire to experience as much of food and life as possible, and I soon found myself touring Europe. But what about all those alarming stories you hear about indebted, jobless college graduates? The anecdotes may be real, yet the conventional wisdom often exaggerates the problem.

My own student debt, as it happens, was almost identical to this figure, in inflation-adjusted terms. That is important, too. We also need to find other means for lifting living standards — not to mention ways to provide good jobs for people without college degrees. Those who question the value of college tend to be those with the luxury of knowing their own children will be able to attend it. Not so many decades ago, high school was considered the frontier of education. Some people even argued that it was a waste to encourage Americans from humble backgrounds to spend four years of life attending high school.

Today, obviously, the notion that everyone should attend 13 years of school is indisputable. But there is nothing magical about 13 years of education.

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