It used to be that college was the right choice for anyone that could get in. However, with the continued escalation of those costs to astronomical highs, one has to wonder whether college always is the best choice. Parents now have to look ahead and wonder how they are going to pay for their childrens education and it is worrisome for many.
With university prices being so high, most students have to rely on student loans to get in and often they graduate with big loans that need to be repaid. While doctors and lawyers may be able to make enough to repay these loans in a timely manner, the average student with the average degree may not. College is ideally a place where students go to learn, have fun, and grow up and not a place where they go to become heavily in debt.
Is it wise to have college students graduating with a mound of debt needing to be paid off? At that young age, people should be enjoying life and not have to feel the daily pressure of needing a job just to tread water with their debt. Finding a job now is hard enough and when you add in the debt load many of these graduates are carrying, it makes one wonder whether college was really worth it?
Many recent college graduates are finding that, in this horrible economy, a college degree does not guarantee any kind of job. Additionally, many college graduates end up getting jobs in fields that are unrelated to what they studied in college or jobs that dont require a degree at all. This means many students may be wasting their degree and the money they spent to get it.
Students who havent chosen paths that will lead to high paying jobs and dont have specific career goals may in fact be better off getting a job straight out of high school. This will allow them to earn and save money right from the start rather than go in debt. While it is true that a college degree is beneficial to have, if it costs more than you will ever get back and puts you heavily in debt, a good case can be made that many students might be better off seeking jobs rather than seeking admissions to college.
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