All the talk about "A college degree -- is it worth it?"

May 13, 2013

There is a buzz around related to the expense of a college degree versus the costs associated with it. Here's my two cents:

If planned well, the college experience is well worth the time and money.
If planned poorly . . . well, anything poorly planned is a disappointment.
A young adult with a college diploma seeking employment will retain an edge over the one who lacks that diploma -- that's not going to change during the lifetimes of our children.
Skill-set and work experience, mid-career will count for a lot. Nevertheless, if the promotion or new hire comes down to a choice between two, otherwise well-qualified candidates, would you pick the one lacking a diploma over the one who earned a diploma?
Entrepreneurship is a completely different issue. In that case perhaps the costs associated with a college diploma may be re-directed profitably into business start-up costs.
Do not send your young adult off to college "to find himself/herself." It's waaaay too expensive for that. For that young man or young woman fulltime employment following high school, or military service are practical and valuable options.

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