Degrees of savings
| Posted by Chill on 30 Jun 2009 at 12:12 am |
If (and it is a big if) a person has the willpower to save 5% of their income a year from the time they start working, they will out-earn someone with a college degree, given the ridiculous amounts charged for tuition these days.
Also, there is the lost 4-6 years of earnings caused by college matriculation, and the concomitant lost experience.
Don’t be bullied or beguiled into going to college; go because you want to. It’s no longer the path to sure financial success, and in many circumstances (hello, $50,000 in student loans), often quite the opposite.