|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Personal Finances / Living Below Your Means |
||
|
URL:
http://boards.fool.com/one-should-not-go-to-university-or-college-if-one-31138155.aspx
|
||
| Subject: Re: Don't do this.... | Date: 2/26/2014 9:58 AM | |
| Author: TMFSpeck | Number: 880482 of 899683 | |
|
One should not go to university or college if one needs to borrow in order to pay for it. I was a student from 1962 - 1967, and again from 1972-1976 without ever having to use student educational loans at all. The average, inflation-adjusted cost of tuition, fees, room and board for a public, four year school: 1973: $8,416 2013: $18,391 The median, inflation-adjusted US household income: 1973: $48,557 2013: ~$51,000 Everyone has their own calculation to make, but these days the reality is that college is a *much* more expensive proposition. To cite your personal 40-year-old experience a blanket statement about what "one" should do in 2014 just ignores the fact that much in the world has changed over that time. Speck |
||
| Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||