11-30-2015, 03:15 PM
I totally agree. I tell my kids this all the time. This is exactly why I refuse to take out one penny in student loans. Of course it's taking me years to complete my degree (after waking from the years I wasted). But when I'm done, I won't have to worry about being in debt.
On another note: college isn't over-rated but some degrees are. Parents and kids need to do their homework. Did they really think their kid could land a job as a writer in Hollywood? Hollywood, FLA? Writer for a news outlet, online magazine, or what? How many people today earn a living as a writer?
Universities need to do a better job of educating their students as well. I'm not talking academics here. I'm talking near worthless degrees like journalism and marine biology. The learning is valuable. But the jobs are few and far between. And when a job is landed, the pay is terrible - less than $30k. Who can feed themselves - not to mention a family on that and have $1 remaining to pay student loans. It's an atrocity!
On another note: college isn't over-rated but some degrees are. Parents and kids need to do their homework. Did they really think their kid could land a job as a writer in Hollywood? Hollywood, FLA? Writer for a news outlet, online magazine, or what? How many people today earn a living as a writer?
Universities need to do a better job of educating their students as well. I'm not talking academics here. I'm talking near worthless degrees like journalism and marine biology. The learning is valuable. But the jobs are few and far between. And when a job is landed, the pay is terrible - less than $30k. Who can feed themselves - not to mention a family on that and have $1 remaining to pay student loans. It's an atrocity!