Is college a waste of money?
I know many of you out there are considering college. Maybe your kid is about to graduate or just graduated and you have had to have that talk with them about their future. It really is nerve wrecking for both sides to consider these life questions. I also know that some of you out there may have not given your child an option and you expect them to attend college after graduation. I am here to play the devil’s advocate on this post. Maybe some of what I am about to say is not something you agree with or even find appropriate to recommend for your child, but hear me out.
Why college may be a waste of money:
*This of course only applies to some fields of study. If you want to be a doctor; then college is not an option!
- College is definitely not for everyone:
- Some people truly do not thrive in the school setting. They may not be good at taking tests, and lets face it; being good at taking tests is a big part of success in college. If someone is expressing their concerns about thriving in college (university), then hear them out. There may be other paths for them.
Ex: training school, vocational schools, on the job training, hands-on learning, self-education
- Financial aid does not last for ever:
- In my case, financial aid and scholarships were not enough to pay a private school tuition, and after four years, I was left with great debt. Most average college students will take longer than four years to finish a bachelors degree in a four year university. Financial aid will only cover a certain amount of years, which may not be enough for every student’s goals.
- You do not always get what you pay for:
- Although we all wish and hope that we will find a job right after college; that is sadly not always the case. Many students like myself had trouble finding a job in their field. I had to find something that allowed me to start paying off my student loans ASAP.
- Going to a good school does not always guarantee you a job in your field. Competition is definitely real and when you graduate there are also millions of others graduating as well.
- Graduating in a particular field of study does not dictate your career:
- Sometimes life happens, and things change. We may get married; have kids, get divorced, go through a hardship, etc. and we are forced to work in what we can. This may change our career path.
- I know many people that graduated alongside me (including me) that are not using their degree. I have friends with criminal law degrees who are selling insurance, and business majors that are working at a grocery store bagging.
- Life definitely changes without our permission, our approval, and despite our plans.
- College does not always equal success:
- everyone has a different definition of what success is. To some success is simply doing something you love. To others it is having financial freedom, but this is not always dependent on higher education.
- I can count the many of friends and relatives that have made a great living whom do not have a college education. They have started their own businesses, became CEO’s of a company, and here I am with two bachelors, a Masters degree, and high honors; and I have yet to use them fully.
- College may prolong our main goals:
- Some people attend college or universities because they feel pressured.
- Some use college to “find” themselves.
- The truth is some of our talents and goals can be fostered without an expensive college education.
- If your goal is to become a business man, then of course you must know about business; but maybe five years and a degree later may only leave you in debt and knowing as much as someone who simply educated themselves with books!
Thank you all for reading. I truly want this to be known;
- I do not regret going to college and getting an education, but I do regret not knowing the cons of spending 6 years of my life in college and then being left with possibly a lifetime of expenses after.
- College is a marvelous thing; but the sad part is that college is very expensive, and although they tell us to pursue it, we are often left alone to figure it out for ourselves after we graduate.
- If you or your child are considering college, make sure that they are also aware of the possible hardships after graduation; loans, job hunting etc.
- A degree can significantly change your chances of success in some fields and areas, but talent, passion, and knowledge are always synonymous.
- I want my child to know the benefits of higher education, but ultimately being successful is not always tied to a four year degree.
As always thank you all for reading and I am always open to suggestions and comments.