is college worth it reddit


There are plenty of ways to carve your own path in life without a degree - my personal belief, however unpopular it may be, is that no college education will trump firsthand, real world work experience.

Get a career aptitude test and do some reading on different careers before you get balls deep in this. I learned how to write professionally in college. But before you assume that’s a lot of millennials who are still living at home, that proportion remains relatively consistent across most age groups. The key is to pick a degree that will pay enough to repay your loans in the standard 10 year period.

This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). In my first year of working full time I made more then DOUBLE of how much my entire college cost me. I think there’s going to need to be a drastic change in how these universities work. ", Tens of thousands of dollars later, most college grads say the degree was worth it. Depends on the college, the student, and the assessment of thinking. Just don't be an asshole about it.

Had I not gone to college, I probably would have spent those 4 years either waiting tables for ~$30k/yr, or in entry level jobs making about the same.

If you go to a college that costs $50k a year and end up with a $15 an hour job after going six figures into debt, it was definitely not worth it. A $50k investment that pays $55k each year for your working life is a fantastic investment. Ugh my god, time for the fucking tradespeople to come out of the woods. By using our Services or clicking I agree, you agree to our use of cookies. Here’s another way of looking at this from JP Morgan which includes income data: While student loan charts look increasingly scary…. There are many successful people who didn’t and many career paths that don’t require higher education.

Exactly, I went to community college (which was part of a state university) for 3.5 years (graduated early) and I paid $22,000 for my whole degree. Once again, that could be a reflection of just how dramatically the cost of college has risen, meaning younger generations are making greater sacrifices to make their college degree a reality.

While a recent graduate working an entry-level job in their early 20s might not think their massive loans were worth it, they might feel differently with the added perspective of just how far they were able to go in their field over time. That’s why GOBankingRates conducted a survey on whether or not Americans have regrets about going to college. You can not apply that logic to a Science/Tech/Engineering degree. I am assuming those fields are probably in high demand everywhere but it seems especially prevalent here with Microsoft, Boeing, and Amazon being headquartered here.

Survey was run between March 25 and April 8, 2019. (7) How much student loan debt did you accumulate throughout your undergraduate college career? Things change.

I used to excel at school without the need to study much.

I'm majoring in sciences.

Also. Find Out: 20 Worst Jobs That Aren’t Worth the Price of a DegreeÂ. EDIT: Forgot to add that I will receive $6,000 per year for academic scholarship. Pay down their debt every month?

So, I went to state school, I got a BS, double majoring in Electrical Engineering and Economics. How do you think western countries that are not the US are able to have affordable college education? I think i pay somewhere around 15k/year in tuition at my university.

College doesn’t really matter that much in the grand scheme of things in terms of what you learned for most professions. Do you want to be able to retire with a healthy body that's not beaten to fuck from manual labor? In many ways, much like personal finance, people are mostly on their own when it comes to figuring these things out, which is a shame. Not everyone has to go to college. They werent for.

Total cost of tuition was about $20k over four years.

Most students aren’t given enough guidance in terms of how their preferred area of study will lead to actual employment or how much that employment will pay. I hate to stereotype, but most of my acquaintances who didn't go to college seem to proudly endorse pseudo-intellectualism. I also lived at home with my parents and worked 2 jobs while in school. But the results are all the more intriguing when placed in the context of just how much debt people said they had due to college costs. Also, can we really expect most young people to turn down the opportunity to have what could be four of the most fun years of their life? People who say its a good investment are not wrong but it doesn't mean there isn't a better investment. Smith-Barrow says the experts she's talked with say college is a sound investment. EDIT: I realize I sound dumb & like a liar without listing what my major is.

Select all that apply. About one in five women selected each of those options, compared to just 15.6% of men saying they wish they had picked a different major and just 13.8% saying they wish they had done more outside of classes. We know you didn't study finance.

Entrepreneurs (and this one can be argued either way). I'm looking at about a $30k pay raise upon graduating. For me, I knew I wanted to do something science-related and probably start my own business.

Definitely check out the print version of the occupational outlook handbook. Yes, there's student loan debt. Now, as someone with a liberal arts degree, I have had to live with the cold hard truth that simply having a bachelors degree isnt enough anymore, you still need to build some work experience, and get creative about how you market yourself, and be careful with the job opportunities that you take. As a freshman in college, i can wholeheartedly tell you that college has been the best experience in my life. Press question mark to learn the rest of the keyboard shortcuts. Your priorities are different at age 18 than they are at age 36. Technically speaking, it's not. By using our Services or clicking I agree, you agree to our use of cookies. Western society's economy will collapse from this. I manage portfolios for institutions and individuals at Ritholtz Wealth Management LLC.

I learned that spending $40 a day of coffee/lunch/cigarettes is a bad idea. Few things illustrate the fact that college-educated Americans have very strong, positive views about college overall than a question that focused on the specifics of what people regret. For most students, college is worth it.

Women are also more likely to wish they had chosen a different major.

Community college is an excellent way to knock out a an associates and transfer to a local university to finish.

Successful entrepreneurs must understand they’re the minority. Most Americans feel that a four-year college degree is worth the cost.

A Large Percentage of Americans Say No. There are great technological and political shifts happening right now in the world that could change the paradigms between employer and employee and bring into question whatever education and skills you're likely to gain in a 4 year university. Does it make sense that having a college degree is a requirement for many jobs? Tldr; the rat race demands college. Yes, college tuition is rising.

You won't get that credential, but if you're good, it might not even matter. I know so many people who spent years in college and are working basic jobs. And, turning that around, it would also mean that of those people who did graduate with debt, three out of four ultimately felt that college wasn’t worth the cost. What is the median entry level income for a graduate with that degree? Depending on your field, that is, at this point in time, it probably makes sense to go. Everybody in my office has a graduate degree of some sort. If you're under 30 years old and went to college in the U.S., chances are you took on debt to do it. Explain your thoughts. The total amount of student loan debt in America clears $1.5 trillion across nearly 45 million people, and borrowers in the class of 2017 are facing an average student loan debt of $28,650.

A good college is either a top university or a good state school. Also, consider where you want to live.

(16) By what age do you think you will fully pay off your student loan debt? If you're going to college, get a degree thats worth it. Good degrees are easy to find, the universities will usually have statistics of who is getting hired on their websites. And I also think we’ve lambasted the trades for way too long. Press J to jump to the feed.

"The people who often struggle the most with student loans are the ones who do not finish," she says. " The unemployment rate for those with a college degree is always much lower than for those who didn’t get a degree. This is much less expensive but you still earn that degree from the state school. Yeah until you realize that no matter how intellectual you think you are and no matter how many facts you try to present, you still can't hope to change some people's minds about anything. So that would make it $21,000/year and $84,000 after 4 years. A recent survey from the APM Research Lab found most Americans think college is worth the cost. Tuition will be about $27,000 / year so $108,000 after 4 years. This. But really only you can decide if it is worth it for you or not.

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There is no way to gain the experience first hand without prior education. I'm a speech language pathology & Audiology major.

A Large Percentage of Americans Say No. My wife and I have discussed how there’s no way we would have such a large, expensive wedding with so many guests if we had to do it all over again. More about me here.

I get what Ohanian is trying to say here. (1= very not valuable, 5 = very valuable); (13) If or when you have children, do you want them to receive their bachelor’s degree? But alternatives to four-year schools are on the rise. In many cases it is like getting a double digit percentage yearly return on your money. Go to a cheaper school. For a STEM related field, this tends to be true. That's if you get a degree.

Saves lots of money especially if you find your self jumping in and out of a couple classes to find your calling. Do you maybe want to do research?

That would mean almost two-thirds of the people who did select one or more of the responses felt that they wish they had chosen a different field of study. It all depends on where you are & what you want out of the school. Edit: finishing the post, I hit the submit button too soon on accident. More than one in four respondents feel that their student debt is preventing them from achieving financial independence. And then there’s the fact that it’s a tad ridiculous that so many employers require a college degree to even be considered for a position in the first place. Lots of time off.

However, it could also reflect people at the end of their career who have a long-term perspective on what it’s meant. but I couldn't put it into words.

NOW, with all of that being said.

New comments cannot be posted and votes cannot be cast. If anyone tells you whether or not college will be worth it for you specifically, with any kind of certainty, they are lying to you. Pay hundreds instead of thousands of dollars to figure that out.

THANK YOU! Now for the numbers. You're absolutely correct, but the fact that you learned it helped you with future education because it teaches you how to solve problems. Prestige only really matters if you're looking at ivy league; if not, go to a local state school and save yourself some money. Press J to jump to the feed.

That's exactly what I entered this thread to say! As long as you don't blow all of that money on a useless degree, it's definitely worth it. But, I had some good times, and perhaps more importantly, somewhere along the way, I learned how to be an adult. But, math and science certainly arent for everyone. Click to Read: The Average Student Loan Debt in Every State.

It might not be worth it, depending on your field... or one school could be a much better deal than another. Ideally get good grades too.

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