Feb 18, 2010
Reasons Why College Might Not Be Worth It
It used to be that college was the right choice for anyone that could get in. However, with the continued escalation of those costs to astronomical highs, one has to wonder whether college always is the best choice. Parents now have to look ahead and wonder how they are going to pay for their childrens education and it is worrisome for many.
With so many students needing loans to get them through college, they need a job to help them pay off those loans while they go to school. Usually, a part time job college job is only good enough to tread water and pay off the interest on the loans and not the principle. With more and more colleges costing upwards of $10,000 per year, these students will most likely graduate being deep in debt. College is supposed to be a fun time where you learn, grow up, and have funnot a place where you end up heavily in debt.
Is it wise to have college students graduating with a mound of debt needing to be paid off? At that young age, people should be enjoying life and not have to feel the daily pressure of needing a job just to tread water with their debt. Finding a job now is hard enough and when you add in the debt load many of these graduates are carrying, it makes one wonder whether college was really worth it?
A degree is not a guarantee of a job anymore and many college graduates end up never using their degree. There are many instances where people end up working in areas that have nothing to do with what they majored in at college and this also makes one wonder whether a college degree is really work the hefty price right now?
In the end, college is not a requirement to do well in life and it seems for many middle of the road students who dont have clear career goals, college might be more of a financial drain than it is worth. Starting your adult life in debt is not good and it can take many years for them to get out from under that debt. Perhaps a better choice would be to get a job right out of high school, avoid the debt, start saving, and begin working your way up the corporate ladder. Classes can always be taken at night or on the side if needed.