As Ganbare notes, the college experience can be very valuable from a personal growth perspective. HOWEVER the loans many have to take out go a long way towards dispelling the myth that it's a good financial investment. Inflation has ruined the value of a degree, yet we have a system that looks down on those who don't get one. It's a way of "paying into the system", and most pay dearly. My feeling is that in the somewhat near future many students are going to default on their debts. We're headed towards the same kind of thing we've seen with the housing market. There just aren't enough high paying jobs around to make the debt for a college degree worth it.
Bottom line, college is great if you can afford it. But is it worth selling your future freedom in the form of massive debt?
__________________
"Reality is that which, when you stop believing in it, doesn't go away" - Philip K. Dick
Last edited by missing : 05-07-2008 at 08:42 PM.
|