I guess it may depend on what you want to do. I am an electrical engineering student, so even if I graduate with 40k debt, it still will be worth it when I make 60-70k. I understand when you ask if all the expense is really worth it. There is a possibility of going to a state school and with tuition, room & board, books...and only coming out making 30-40k with almost that much debt. That to me is not worth it. If you really want to go to school and can't afford it, there are some solutions. My brother-in-law just graduated from College of the Ozarks in Missouri with no debt. If you look it up on the web, it is a work-study school. You work to pay your room & board and also if you work the summer, it will take care of the tuition. Theorhetically you can garduate with a four year degree with no debt. There are more work-study schools if you search for them. Anyway, thats just my 2 cents worth.
2007-05-28 18:50:41
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answer #1
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answered by PurduePete 2
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This is a very good question! Many people will come back with a quick YES!
BUT the reality is, if you don't get a degree that will earn you enough money to pay back the loans, then you have a problem.
In some situations it is better to go through a vocational training program, rather then get a traditional degree.
It really depends on what you want in life. I have a college degree, but my sister (who quit college) earns 3X's what I do!!!!
A lot of people say that "most employers don't care what you have a degree in, as long as you have a BA in something!"
That is not always true! It is safe to assume that an employer will hire someone with tons of experience LONG before they will give you a place to display your hard-earned diploma.
It is NEVER a bad thing to have a BA...but I just don't think things are so cut and dry anymore.
You need to make some decisions about what type of career you want, if money is a decided factor, and what you want to accomplish with your life.
Good Luck:)
2007-05-28 18:30:28
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answer #2
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answered by starrzfan 4
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Statistically, yes, a college degree holder earns much more in lifetime income. In that regard, it is a worthwhile investment.
It can be argued whether that effect comes as a direct result of the degree, or if that person (by the simple fact that they could earn a degree) would be just as successful without it.
There are plenty of other reasons to get a degree. College is fun. It's a great time to meet new people, learn a lot of interesting stuff, be challenged mentally (because face it, after college, most jobs are pretty mindless), and have a chance to try new stuff (travel, sports, adventures, etc.). You also get to network with a lot of people. You get the opportunity to get better jobs. Recruiters come looking for you. You get to network with alumni and can get job leads that aren't available otherwise.
Plus, companies want college educated employees. It's a great top-level discriminator of people who have intelligence, motivation, time management, people-skills, culture, and lots of other skills that you would expect from college grads.
2007-05-28 18:27:36
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answer #3
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answered by aedesign 3
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It relatively relies upon on what you want to do. in case you want to be a physician or a criminal expert then needless to say you want education up the chain. What you come across is that allot of folk relatively have no concept what they want to do as a occupation and that they circulate to college and do some thing large customary, like a business business enterprise degree, or in England the place i'm from, allot of folk look to do activities Psychology and then get nowhere in it, by using fact anybody has an identical degree. If I have been you identity basically be sure what i had to do then circulate do it, it could propose a level it could no longer. yet do no longer spend all that element and money doing some thing in basic terms for the sake of doing it you comprehend ? in case you relatively have no concept what you want to do once you end severe college then i could get a job, in basic terms a extensive-unfold schmuck job that pays nicely and return and forth, experience life and take it uncomplicated to in basic terms determine it out, it's going to come and there is not any rush to get all of it finished as rapid as a possibility so dont sweat it. :)
2016-11-23 13:18:17
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answer #4
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answered by Anonymous
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College is not only worth the investment but it is a solid investment for your future! Your commitment to college will quite likely determine how successful and economically sound the rest of your life will be.
> 49 out of the 50 highest paying jobs require a college degree
> the highest salary is over $70,000 for jobs requiring a 2 or 4 year degree.
Hope this helps.......Good Luck
2007-05-28 18:40:55
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answer #5
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answered by nashvillekat 6
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On average, college graduates with a bachelor's degree will make $1,000,000 more over their lifetime than the average person with only a high school diploma.
2007-05-28 18:25:31
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answer #6
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answered by jellybeanchick 7
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yes... lots of cash in the long run...
2007-05-28 18:20:57
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answer #7
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answered by Anonymous
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