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re: Erasing student debt
Posted on 4/12/22 at 4:35 pm to Jake88
Posted on 4/12/22 at 4:35 pm to Jake88
quote:
I don't want my children going to college even though I did since it's no longer economically rewarding
This is dumb. Are you suggesting engineers, accountants, doctors, etc. don't get economically rewarded?
My OP was long enough so I shortened the argument here. My oldest child is 3. So I'm projecting the trend. Same goes for doctors - I didn't want to make my post longer with all the caveats. I hope that would be implied in my argument that this can't work for every profession, but it can for most.
Right now - it's still fairly rewarding but the ROI is not what it used to be. We should all find this unacceptable how college costs skyrocketed past the inflation curve the last 20 years.
But also right now the trades to supervisor or engineer path while earning a degree online is financially superior as long as you move into the latter in a decent amount of time. Plus - it forces a kid to become an adult earlier compared to their colleagues going to adult day care at the U.
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