College is way over rated and way over promoted by the educational staff in our schools systems. They all have degrees, so they think all of their students should. If you pick up good reading, writing and mathematics skills sometime before getting out of HS, you have the basis to learn anything you want.
I went to work straight out of HS and was making good income while many counterparts were blowing their parents money at college and broke. That gave me a 4+ year head start. Bought first house in my early 20's, owned a business by 25 and have now comfortably retired at 57.
I have several friends who have operated similarly and have done very well. I do have a few college educated friends that have done well also, but on average I don't see a huge financial advantage with my college educated friends vs those with HS degrees. I do live in a somewhat rural low cost of living area which probably makes a difference. Seems like many that went to college moved off to bigger metro areas chasing the dollars.
When I sold the company last year we had 13 employees making salaries in excess of $75K and 2-3 of those were over $100K. About half of those folks have degrees. Meanwhile a 10 year teacher in this area that pushes college so hard is lucky to make $50K.
If I had a kid that was unsure today, last thing I would point them towards is college. I'd direct them towards a skilled trade of some type. Huge demand, the employer educates and trains you at no cost, you learn skills you can use the rest of your life, working conditions have never been better, and the pay is good and getting better every day due to a labor shortage.
This business of spending 4-6 years in college for some so-so degree and living under mom & dad's roof just puts off growing up. Most would be better served to just go to work somewhere.
I went to work straight out of HS and was making good income while many counterparts were blowing their parents money at college and broke. That gave me a 4+ year head start. Bought first house in my early 20's, owned a business by 25 and have now comfortably retired at 57.
I have several friends who have operated similarly and have done very well. I do have a few college educated friends that have done well also, but on average I don't see a huge financial advantage with my college educated friends vs those with HS degrees. I do live in a somewhat rural low cost of living area which probably makes a difference. Seems like many that went to college moved off to bigger metro areas chasing the dollars.
When I sold the company last year we had 13 employees making salaries in excess of $75K and 2-3 of those were over $100K. About half of those folks have degrees. Meanwhile a 10 year teacher in this area that pushes college so hard is lucky to make $50K.
If I had a kid that was unsure today, last thing I would point them towards is college. I'd direct them towards a skilled trade of some type. Huge demand, the employer educates and trains you at no cost, you learn skills you can use the rest of your life, working conditions have never been better, and the pay is good and getting better every day due to a labor shortage.
This business of spending 4-6 years in college for some so-so degree and living under mom & dad's roof just puts off growing up. Most would be better served to just go to work somewhere.
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