So one thing I have been reading about lately are all the college graduates who cannot find jobs, and who are now facing a mountain of student loan debt while only being able to get a job that they could have gotten without a college degree in the first place. There seems to be a lot being written about how it has turned out be a myth that a college degree was your ticket to a good future, that college graduates make significantly more money than high school graduates.
Well, there are two things I want to point out to prospective college students. You might already know these, but just in case you don't, here goes:
1) MAJOR IN SOMETHING THAT IS NEEDED. Seriously, a lot of people seem to major in what are ultimately worthless majors. If you major in something like Art History or Sociology, well yes we need people who know this stuff, but what exactly is the demand for it in the work world? Try to major in something that will be in demand. Now this can be tricky as well, as you might major in something and then find it that while it was in demand when you first went into it, that it is no longer in demand or is now a crowded field when you are graduating. Try to take all of this into consideration when you are choosing your major.
2) Consider how much you are paying for your education. By this I mean, if you are going to go to a super-expensive university, try to major in something that will let you pay off the debt. Look at your education as a form of investment for your future, basically a sum of money that you are going to spend to acquire a skill or a set of skills that will hopefully pay off in the long-term. DO NOT just blindly go to some ultra-expensive university and major in something that definitely will not provide you with the income to pay off the loans. That's gambling (and bad gambling at that!). Otherwise you will graduate with a worthless degree and a mountain of student loan debt. In general, try to go to the cheapest respectable school you can. I'm not saying if you have a choice between a great, but very expensive school, or a super-cheap, but not at all respectable school, to go to the cheap one, but I mean take cost into consideration.
Some schools, the extra cost is necessary. For example, if you are going to major in something like engineering, you want a school that has good engineering facilities and labs. Such a school will cost money. Luckily, engineers tend to have good demand, so provided you pick the right major, an expensive engineering school will probably have a better chance of paying for itself as opposed to an expensive liberal arts school.
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