Why Does College Cost So Much?
In my last blog I addressed the phenomenal growth of people attending college. In 1940 only around 5% of Americans held a college degree. Now, the figure is over 35%, and around two-thirds of Americans have attended college at some point. Along the way has come an even more dramatic increase in the cost of […]
Is Your Student Loan Debt Affected by Where You Live?
Location, location, location. If the real estate industry has taught us anything over the years, it’s that one’s location is the most important of housing considerations. And as it turns out, location might also play a factor in your ability to pay off student loan debt. Student loan debt is working its way into the […]
Why Do So Many People Go To College?
Many social pressures compel people to go to college whether they want to or not, whether they can afford to or not. This wasn’t always the case. Prior to World War II, less than 5% of American adults held a college degree. Only jobs at the highest professional levels required one. A big change occurred […]
What’s In It For Them?
In my last blog, I pointed out that in many cases no experience is necessary for people looking at a trade career. Many employers, trade service firms in particular, place a higher value on personality than past experience. As long as you have a mechanical aptitude, they can train you in a relatively short time […]
College vs A Trade: You Can Do Both
Many people in the trades express admiration for the trade apprenticeship programs in Germany and some other European countries. As this article points out, whereas in Germany some 60% of young people train as apprentices in various skilled trades, the comparable number in America is only 5%. That’s a stark difference, yet upon closer examination […]
Digging Deeper Into The Real Costs Of A College Education
Is it possible that your salary after college graduation will be enough to allow you to live comfortably while still paying off your student loans? Many young people are asking that as they think about what to do about college costs. A four-year liberal arts degree from a public college can cost more than $93,000. […]
Top Five College Majors
For the last 35 years, the Princeton Review has been in business to help high school students get into their dream colleges. It’s safe to say that they have insight into the most popular college majors their high school-age clients are choosing. What’s interesting is that the Princeton Review points out that choosing one of […]
Is There A Trade School Trade-Off? Yes, But Only Benefits!
It’s college’s “ugly stepsister.” Many students don’t even consider trade schools as a next-step after high school. Even parents register concerns due to completely misplaced ideas and stereotypes about career opportunities after completion. The truth is that trade schools are ideal for some students – especially when the career path they choose to follow includes […]
You Can Benefit From Trade School Philanthropy
In case you’re not familiar with the term, “philanthropy” is a fancy word for charitable giving, especially by ultra-wealthy people. Many billionaires and mega-millionaires contribute sizable sums of money to their favorite charitable causes, which often includes schools and universities they attended. Prestigious universities like Harvard, Yale, Stanford and MIT have collected billions of dollars […]
Is College Really the Only Way to Do It?
Who’s right and who’s wrong? Do a quick search online and you find ample arguments on both sides about the value of a college education. Some say college is overrated and not necessary. Others say you’re unlikely to succeed without a college degree. College is not a guarantee of anything. Ultimately, your success in life […]