The problem is that even if your parents home school you, they're generally not allowed to just not pay millage.
On average, skipping college and investing tuition costs nets a higher return
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Re: On average, skipping college and investing tuition costs nets a higher return
#72Re: On average, skipping college and investing tuition costs nets a higher return
#73As a culture, we really need to stop telling 17 year olds to not worry about money, go to college, and figure something out. There is always someone ready with a romantic appeal to a classical education, and it is so frustrating for me. Wasting four years is a huge cost. Years, decades of debt is a huge cost. Going to college with no plan about money? The costs are assured. Plus, the degrees people are actually getti…
What about... offering college for free like the rest of the modern world? Then you would only have to worry about living costs and those loans are pretty small. I could pay off mine in like 4-5 years if I really wanted to. Plus, then people still could get an education even if their parents didn't save up for you. What about as a society/culture you start telling people that the country should offer education for fr…
The German system is nearly comparable. Only 10% of Germans are accepted to Gymnasiums followed by Universitat. If you test highly enough to qualify there, your college is free. Other students get free trade school.
Perhaps America should expand scholarships to more students instead of eliminating them along with other cuts? We seem to have far too much money for sports programs and war while cutting everything else. I've never seen any highly-placed leaders propose that war plans involve a cost-benefit analysis or that cuts should go to the men's football team.
Re: On average, skipping college and investing tuition costs nets a higher return
#74Earlier quoted context omitted.
Education in America is cheap, the problem is people don't go to their local school, they see college as an experience where they travel halfway across the country and stay in student housing.
No, education in America is expensive. If tuition was free or cheap, you could work part-time to pay living expenses and take more time to finish your degree as many students in Europe do.
Re: On average, skipping college and investing tuition costs nets a higher return
#75Earlier quoted context omitted.
Actually, from the student's perspective, there would be a 0 investment, so ROI becomes infinite.
I don't understand what you mean by this. Say a grandparent left a grandchild 50k for college. It's the grandchild's money. The grandchild could choose to invest in college or the market. This may not be a common scenario but that's what I meant.
Well if somebody gives you money for X it's not really your money since you are not at liberty to spend it however you want. Only X is technically yours.
Re: On average, skipping college and investing tuition costs nets a higher return
#76Earlier quoted context omitted.
Education in America is cheap, the problem is people don't go to their local school, they see college as an experience where they travel halfway across the country and stay in student housing.
No, education in America is expensive. If tuition was free or cheap, you could work part-time to pay living expenses and take more time to finish your degree as many students in Europe do.
Because community college was so cheap, I was able to use that other funding to pay for a graduate degree and part of my PhD program.
It's not expensive, people just have goofy ideas about what being educated means.
Re: On average, skipping college and investing tuition costs nets a higher return
#77This article doesn't explain why we should believe that stockmarket performance, going forward, will be anything like the S&P's performance from 1993 to now. It's also not clear why we should believe the Payscale College ROI figures. I clicked around a bunch and couldn't find any description of their actual methodology for computing it. In particular, before we can take it seriously we need to know how well they've d…
> This article doesn't explain why we should believe that stockmarket performance, going forward, will be anything like the S&P's performance from 1993 to now. Nor why we should believe that a college degree's wage premium will be anything like its performance from 1993 to now.
Re: On average, skipping college and investing tuition costs nets a higher return
#78Earlier quoted context omitted.
Education in America is cheap, the problem is people don't go to their local school, they see college as an experience where they travel halfway across the country and stay in student housing.
No, education in America is expensive. If tuition was free or cheap, you could work part-time to pay living expenses and take more time to finish your degree as many students in Europe do.
Re: On average, skipping college and investing tuition costs nets a higher return
#79Earlier quoted context omitted.
What about... offering college for free like the rest of the modern world? Then you would only have to worry about living costs and those loans are pretty small. I could pay off mine in like 4-5 years if I really wanted to. Plus, then people still could get an education even if their parents didn't save up for you. What about as a society/culture you start telling people that the country should offer education for fr…
On the other hand, one should wonder why college is so expensive in the US in the first place. Even without any subsidies, non-American tuition is a fraction of the cost of the big universities in the US. Why? Why are book so expensive here? Why is so much money spent on buildings, stadiums and hiring football coaches? The highest paid public employee in 39 states in the US is a college sports coach! [1] Throwing mor…
Re: On average, skipping college and investing tuition costs nets a higher return
#80Earlier quoted context omitted.
What about... offering college for free like the rest of the modern world? Then you would only have to worry about living costs and those loans are pretty small. I could pay off mine in like 4-5 years if I really wanted to. Plus, then people still could get an education even if their parents didn't save up for you. What about as a society/culture you start telling people that the country should offer education for fr…
On the other hand, one should wonder why college is so expensive in the US in the first place. Even without any subsidies, non-American tuition is a fraction of the cost of the big universities in the US. Why? Why are book so expensive here? Why is so much money spent on buildings, stadiums and hiring football coaches? The highest paid public employee in 39 states in the US is a college sports coach! [1] Throwing mor…
https://www.seccountry.com/alabama/alabama-football-reported...