If you’re considering going to college, you probably think that you’re going to earn more money over a longer period of time than a person without a degree. That’s true. But remember this is over your entire career, and you aren’t going to feel the effects immediately.
Degrees are expensive. Most people that go to college end up saddled in debt, and sometimes, a monstrous amount. How much of your future, higher income will be dedicated to paying off your student loans? What could you have accomplished during those 6 years of study (54% of people graduate after 6 years. 46% graduate after 10)?
Before blindly jumping at that degree, just because you’ve been preached about it since you were a little kid. Think about it. Do you want to have $20,000 in debt, a low paying job in the beginning, and absolutely no job experience, when you could have a job from the beginning, work experience, and no debt without a degree?
Finally, professional degrees, such as a Ph.D. tend to earn more money in health care professions, just because the government is highly invested in there, with ginormous organizations (that are underfunded!) such as Medicare and Medicaid.
Leave a comment