So, you borrow over $100k for a college degree, only to land a job that barely covers your living expenses. Why would anyone make that choice?!
Discussion
The brainwashing.
Brain washing of generations. That's about it.
The dumbest move ever. Hope this will not be a thing anymore
It's mindblowing
It’s what the powers that be told us we should do, so we did it.
No more!
Good question.
Maybe because they made that as something completely normal and socially acceptable in the US.
Education should be free for all.
It's a similar story here in The UK. Absolute madness. Realistically, there's only about 5 degrees worth paying for. The rest are a false economy and are just for CV/Resume window dressing!
In my head, I thought it was easy to get $100k with a college degree in the US
Yes it’s easy to get that amount for your education but before to do that not too many think of consequences afterwards. You might not be able to pay it back and then you are just fucked up
I also thought 100k a year was quite possible in the us
got it … you mean the consequence of paying back over n years
I have a pretty good job in the US and make less than 100k
I do have a degree, but it is not related to my job 🙃
Ok, so it depends … maybe my imagination is just wrong about that.
i think it's crazy anyway that you have to pay so much money for your education.
I've got a (~30k 2000s Canuck Bucks) BaFa(fuck all) in poli science. Don't speak French and the govt job I was aiming for changed its requirements in my third year of 4.
I sling parts. after 5yrs I am making what I was promised as a first year graduate. I will never see 100k until my wage is inflated.
i can at least say that i didn't have to pay anything for my time at the university to get my degree 😅
yeah, definitely not easy to make over 100k unless you are well-connected.
i would imagine that's a similar characteristic in high-earners anywhere in the world
Median salary in U.S. is ~$60k a year. Half of Americans make less than $60k which makes the ROI of college not so compelling
They dumb?
Opportunity cost is a foreign concept to many people
unless it's a highly specialized field that requires formal training, paying 10Ks for college should be looked at as luxury
i borrowed a ton, and went to a really fun school. i wanted to party and go to big football games at 18yo tbh, never thought of the consequences for borrowing so much
thankfully my dad suggested i shoot for a well-paying job after graduating. i took his advice and worked in trad-fi for years.
not the most fun jobs, but they paid well & i was able to pay off my loans