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Should I Go to College? | Should I Dropout of College?

7.0K views
•
December 3, 2017
by
Financial Education
YouTube video player
Should I Go to College? | Should I Dropout of College?

TL;DR

College costs, time investment, industry necessity, and connections impact the decision to attend.

Transcript

the three most common questions I get day in and day out from people that send me emails is should I go to college should I drop out of college or should I send my kids to college these are three of the most common questions I get day in and day out all the time from people and it's such a complex issue people just want me to say yes or no and it's... Read More

Key Insights

  • 🍉 College attendance entails significant financial costs and potential long-term debt.
  • ⌛ Time spent in college limits opportunities for pursuing other ventures.
  • 🎓 Industry-specific education benefits vary, impacting job prospects and success.
  • 🥺 Networking and connections in college may lead to valuable career opportunities.
  • ⏳ Community College offers lower costs, potential transferable credits, and more time for skill development.
  • 🎓 Industry necessity dictates the need for college education in certain professions.
  • 👨‍💼 Rapidly changing sectors like business may benefit less from traditional education.

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Questions & Answers

Q: What are the primary costs associated with attending college?

The main costs include financial expenses, such as tuition and potential debt, as well as the time commitment required for education.

Q: How does college education impact career paths in different industries?

Certain professions, like medicine or law, necessitate a college degree, while rapidly changing sectors like business may benefit less from traditional education.

Q: What role do connections play in the college experience?

College allows for networking opportunities that can lead to valuable connections and potential career opportunities, especially at prestigious institutions.

Q: How does attending Community College compare to a traditional university?

Community College offers lower costs, potentially easier classes, transferable credits, and more time for additional skill development or entrepreneurship pursuits.

Summary & Key Takeaways

  • College entails significant financial costs, potentially leading to long-term debt.

  • Time invested in college may limit pursuing other opportunities during those years.

  • Industry-specific education benefits vary, impacting job prospects and success.


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