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Using college loans
Using college loans
Now I have a great investment opportunity for you, you give me 100,000 dollars and the next 4 to 6 years of your life and I'll give you well a sheet of paper that says you can learn things. No I'm not a guru selling you a program about how you can start selling on amazon today and get rich overnight I'm actually college. Now in this video I will be going over whether or not college is worth it in my opinion.
1. Millions of high school students make this deal every single year! After high school you have a huge life decision to make do you go to a 4 year university or community college or a trade school or do you skip school entirely. We know that everyone is different and depending on who you ask they have some very differing opinions this subject.
2. Now the most important factor when it comes to deciding on whether or not to go to college is how exactly are you going to pay for it. Every single year college becomes more and more expensive with the average cost of a private college being over 35,000 a year and public college being over 9,000 a year if you are in state. College grads also aren't making more money than they where in 1950.
3. So what are the two major cons of going to college well it is really expensive and most people who have to go into debt to graduate. It takes the average person over 20 years to actually pay off all of their student loan debt and paying on this debt can really hurt your financial picture when it comes to saving money to buy a house start a family or invest for retirement.
4. Now what that we have talked about some of the cons what are the pros when it comes to going to college. The value of a college degree is petty clear because 9 out of 10 new jobs created in the last year have gone to college graduates and college graduates earn on average a million dollars more than high school graduates over their life time. College also gives you access to career resources like internships.
5. Now in my opinion I really felt that going to college was expected of me as both of my parents had gone to college and spoke about how important it was. Also every friend that I had was planning to go to college so I really felt that if I didn’t go to college I was basically throwing my life away. Now I think college is a great opportunity if you are able to go and graduate with little to no college dept. As the experiences and people I have meant in college have really changed the person that I am today. However I don’t feel that college is right for everyone.
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