Is there really any return on investment for college these days?

College tuition is so expensive these days and inflation going up, unemployment rising, the economy is diving, and more jobs are going overseas is there really any benefit to going into debt with a possibility of ending up with a job that only pays $30k-$40k a year. Grants and Loans help but the debt you will have when you walk away is overwhelming not mention that most people dont even end up going to a career in which they got a degree.

Asked By: Rugbyman00 - 8/20/2008
Best Answer - Chosen by Asker
A friend of mine went to a financial consultant when his son won a partial scholarship to Yale. He asked if it didn't make more sense to pick Cambridge, which offered a full scholarship. His consultant disagreed. More than the diploma, Yale offered life time career altering contacts. College is not just education. The... More
Answered By: topcat_TEC - 8/21/2008
Additional Answers (5)
Yes ~ short answer. and working at ways to not go into deep debt in the process is wise. Going to school is about teaching you "how" to think, not what to think (hopefully that is true of the university/college you choose to attend... More
Answered By: Brenda M - 8/20/2008
If money is your main concern, then you should DO YOUR RESEARCH on which degrees make the most money out of college, and which have the highest rates on finding a job out of school... More
Answered By: S B - 8/20/2008
returns can be negative too, so there is always a return... More
Answered By: つんく娘♂ - 8/20/2008
Absolutely. Choose the right major and you can't go wrong!
Answered By: Sooner - 8/20/2008
hey, the world needs broom-pushers, too i guess... More
Answered By: what? - 8/21/2008
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