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re: Is undergrad college worth it?
Posted on 8/13/21 at 7:24 pm to supadave3
Posted on 8/13/21 at 7:24 pm to supadave3
I expected this response and it’s funny. Finances do play a part in this thought process but not the full part. We are adequately saving for all of them but I feel a better return on that money for them would not be old school college.
Posted on 8/13/21 at 7:59 pm to Nephropidae
quote:
I expected this response and it’s funny. Finances do play a part in this thought process but not the full part. We are adequately saving for all of them but I feel a better return on that money for them would not be old school college.
Imagine if that college savings went to get them a down payment in their first piece of real estate. Say a 3 bedroom house they could rent out 2 of the bedrooms to friends they’d be rooming with anyway in college. Only this way they’re building equity and living for free or maybe making a profit. With the money saved from the house hack, they could get I to other real estate and keep expanding. Or other investing. On the path to financial freedom at a young age.
Their age peers in contrast are not getting experience in the job market and most won’t even use what they learn in class. To say nothing of paying money to go to college and not making money in the marketplace.
In before all the “college experience “ people. They can get experience elsewhere. Also when I was at LSU one guy dropped out pretty early on went I to sales. He still hung out with everyone, went to the parties, etc. Only difference was he was making money instead of wasting time in class.
All of that said if they have a specific plan of how they want to go to college and be on a specific career path, then fine. Make a good plan and execute it. Don’t just go because it’s the thing to do.
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