Personal Development for Smart People Forums - View Single Post - Post-college debt?

Nicketas · 12-13-2006, 07:30 PM

1] There's no such thing as good debt, only good wealth.

2] It's only worth going into debt if you KNOW what you want to do with your life and you KNOW you are ***REQUIRED*** to have a degree in order to do it.
Otherwise? Save your cash, get a job and an inexpensive apartment and spend your spare time building an internet business doing something you love. Trust me on this....

College can be awesome, but if you don't know what degree you want or if it's anything OTHER THAN med school, engineering/IT, computer science, or intensive art training, don't bother because you will regret all of the debt you rake up. Use that money to buy a program like wealth beyond reason or six figure streams (google them) which are all less than a fraction of the cost of a SINGLE college course.

You'll always get richer (and have more FUN)working for yourself if you take responsibility for it. Always.

Ask yourself these NECESSARY questions:

What are you getting for your 30 grand?
Will it really make you wealthy?
Is it really the golden ticket it is supposed to be?
Is it REALLY necessary in order to do what you want with your life, or are you able to do what you want at home and still make a living off of it? Be honest and more importantly VASTLY OPEN MINDED about this.

It's YOUR LIFE.

P.S. You need to keep in mind that this is coming from someone who absolutely loved his college experience. I owe a big portion of my personal growth to college, and it was arguably the best time of my life.... but also the most financially stressful. In hindsight, I could have had similar experiences but without all of the debt.

If you can have your cake and eat it to, and you know its what you want, go for it. Just keep my notes above in mind, as this p.s. does not invalidate them...

12-13-2006, 07:30 PM	#21 (permalink)
Nicketas Senior Member Join Date: Dec 2006 Posts: 157	1] There's no such thing as good debt, only good wealth. 2] It's only worth going into debt if you KNOW what you want to do with your life and you KNOW you are *REQUIRED* to have a degree in order to do it. Otherwise? Save your cash, get a job and an inexpensive apartment and spend your spare time building an internet business doing something you love. Trust me on this.... College can be awesome, but if you don't know what degree you want or if it's anything OTHER THAN med school, engineering/IT, computer science, or intensive art training, don't bother because you will regret all of the debt you rake up. Use that money to buy a program like wealth beyond reason or six figure streams (google them) which are all less than a fraction of the cost of a SINGLE college course. You'll always get richer (and have more FUN)working for yourself if you take responsibility for it. Always. Ask yourself these NECESSARY questions: What are you getting for your 30 grand? Will it really make you wealthy? Is it really the golden ticket it is supposed to be? Is it REALLY necessary in order to do what you want with your life, or are you able to do what you want at home and still make a living off of it? Be honest and more importantly VASTLY OPEN MINDED about this. It's YOUR LIFE. P.S. You need to keep in mind that this is coming from someone who absolutely loved his college experience. I owe a big portion of my personal growth to college, and it was arguably the best time of my life.... but also the most financially stressful. In hindsight, I could have had similar experiences but without all of the debt. If you can have your cake and eat it to, and you know its what you want, go for it. Just keep my notes above in mind, as this p.s. does not invalidate them... Last edited by Nicketas; 12-13-2006 at 07:36 PM.