It’s all about ROI. That’s Return on Investment, for those of you not financially minded. The question seems to boil down to: Will I get a positive return on the time and money I put into a college education?
I saw an interesting article about this. Why College Isn’t Always A Good Financial Investment makes a challenging statement: “Given that fewer than 60% of college students obtain a degree in six years, some people may be throwing money away — and piling on student loan debt.” Ah, there’s the rub. The four-year college degree is NOT a given. The reportat the core of this article comes from the Brookings Institution: Should Everyone Go To College? It contains this dramatic proclamation: