Colleges have certainly come under fresh attack lately. With tuition always rising, the state of the economy, and numerous critics questioning the value of higher education, is it any wonder?
I can understand the criticisms. College is not for everyone nor is it always timely. Tuitions bills have approached the size of a mortgage. Plenty of unemployed or underemployed college graduates exist.
Nevertheless, the long-term, unrelenting statistics do not lie. No matter how you look at it, the more education you acquire, the better your odds at being gainfully employed making good money. As Derek Thompson entitled his recent analysis of the matter, Whats more expensive than college? Not going to college.
College is like anything else in life: one size does not fit all. You have to research your options, do your homework (pun intended?), figure out the financing, compose a plan, and time its execution. The decision that works for me may be a disaster for you and vice versa.
Yes, educating people costs money. Not educating people also costs money. Which scenario passes the cost/benefit analysis? Thats one question you dont even have to go to college to answer!
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