I see nothing wrong with price as a consideration when comparing colleges or choosing a profession. That's where mom & dad hopefully come in with guidance and sage advice.
But at 17 or 18, it's a hard decision to make wisely. Lots of kids go off to college without even knowing what they want to do with their life. I knew many who changed their majors after the 1st or 2nd year.
Of course there is risk involved in every decision. Just because you study medicine or law doesn't mean you'll automatically get rich. Far from it - there are lots of poor lawyers out there (I mean, not rich
).
But as Steve has pointed out, even doctoring isn't a sure thing and is a substantial investment. But there is hope for a payoff - you can calculate out a way. But to spend $100k+ to be an English teacher? When it can be done for $25k?
There was a thread a while back about a couple deciding to send her back for an MBA. They were trying to make the decision, with the lost income and expenses, if it was worth it. The advice was mixed on "worth it". But what I thought amazing is that they were actually running the calculation and considering it from an investment perspective. I think that is admirable.
But at 17 or 18, it's a hard decision to make wisely. Lots of kids go off to college without even knowing what they want to do with their life. I knew many who changed their majors after the 1st or 2nd year.
Of course there is risk involved in every decision. Just because you study medicine or law doesn't mean you'll automatically get rich. Far from it - there are lots of poor lawyers out there (I mean, not rich

But as Steve has pointed out, even doctoring isn't a sure thing and is a substantial investment. But there is hope for a payoff - you can calculate out a way. But to spend $100k+ to be an English teacher? When it can be done for $25k?
There was a thread a while back about a couple deciding to send her back for an MBA. They were trying to make the decision, with the lost income and expenses, if it was worth it. The advice was mixed on "worth it". But what I thought amazing is that they were actually running the calculation and considering it from an investment perspective. I think that is admirable.
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