Is College Worth It? Some estimates place a four-year college degree at the cost of $200K or more and a 2-year degree at nearly $100K. This begs the answer to the question, “Is it worth the cost and the investment of time required? Of course, the answer depends on your field of study and the reasons that you are choosing to pursue this additional education. It also depends on whether or not you have the drive to make a successful career in something that does not require a college degree. Entrepreneurial fields tend to be better served through mentorship than college. That is not to say that college is not beneficial, but it may be less necessary. As it were, there seem to be more instances now where college is proving to cost more in time, money, and energy than it is worth. In fact, it is creating incredible Debts that are impacting the lives of multiple generations of families financially.
Is College Worth it Compared to Learning a Trade?
One of the things that everyone is noticing is the fact that the cost of education is going up! When I was growing up, I heard people say, “Learn a trade, and you will never have to go without.” I know that there are a lot of variations for that saying, but they are all similar. It means that you will always be able to make a living with the skills you learned. The truth is, as time has progressed, the areas in which skilled expertise is more of an asset than a college education have increased. You can go to college for many years and gain book knowledge, but nothing is as beneficial as real-world application and hands-on learning. I have learned that there are a whole lot of areas that you can apply this to. Trades do not usually require a college education but are usually more valuable in today’s society.
Is College Worth It? A recent assessment of the American College scene found some disturbing results.
Students who attended a Four-Year Institution reported a program completion rate of only 78%. With only 76% paid more than a High School graduate. Even after five years of employment and steady payments on their school loans, they still owed 90% of the principal of their loans.
Students who attended a Two-Year Institution reported a program completion rate of only 42%. With only 59% paid more than a High School graduate. Even after five years of employment and steady payments on their school loans, they still owed 102% of the principal of their loans.
Students who attended a Four-Year Institution reported a program completion rate of only 54%. With only 48% paid more than a High School graduate. Even after five years of employment and steady payments on their school loans, they still owed 97% of the principal of their loans.
Does college really give you the opportunity to make more money at your job? I was taught, Yes. In reality, my college degree was not a benefit to me when it came to affecting my income. I always heard that you should learn a trade. That way, you will always have a way to make money. In fact, if you want to make more money, you need to get a college degree. As life progressed and I met more people, I learned something different. Education provides you with some tools that are useful in your pursuits. However, it does not generally give you the real-world experience needed to succeed. American Schools do not teach about money and finances in a practical, real-world way. Instead, they skim over the rules, teaching only the basics. Then, they send people out into the cruel world. Then, the students fall on their faces because of a lack of knowledge. The sad reality is that 45 percent of students don’t even demonstrate improved competency following college. CLEARLY College is not making People Smarter.
The American Educational System does not spend enough time on the basics of the learning process. Most students don’t know how to learn. Rather, students are thrust into classes and must start to pick up the information thrown at them. In fact, many have never really learned how to study. Some studies also show that American students spend, on average, a little over 2 1/2 hours studying daily during their educational process. As a result, many American College Graduates fall below average in Cognitive Tasks. (Such as calculating the costs of food in a Grocery Store).
Is College worth it, or is A Mentor Better?
The question then becomes, is there a viable alternative to college? In fact, we know that there is an opportunity to marry the benefits of taking courses through the traditional educational system and mentoring. There are a lot of people seeking mentors today, but they are not traditionally seeking them. The younger generation uses apps and programs to connect with others in the name of mentoring. They connect with people they will never meet. All the while expecting them to fill in a role that was never intended to be a distance process. In order to be successful, you need to find someone who is successful at what you want to do. Hang around with them and learn from them. You must glean from them what is necessary to achieve your dreams. When you reach their level, you may need to find another mentor.
We have an online community in which you can be mentored by people who are succeeding at Link Post Blogging. Learn from and with each other and are mentored by people who have been in the industry for many years. Check it out here!
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