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URL:  https://boards.fool.com/my-personal-college-regret-had-nothing-to-do-with-34237453.aspx

Subject:  Re: Regrets about college education Date:  6/26/2019  10:46 AM
Author:  PucksFool Number:  125992 of 128153

My personal college regret had nothing to do with my career choice. I wanted to be a teacher and had a 37 year career as one. I wish I had been a better student early in my college career. Once I became a good student even classes that I was not particularly enthralled with became fun.

The debt load students are burdened with is unconscionable. The average student debt load at a public university is more than two times my four years at a private college with no financial aid cost. How many students would be more satisfied with their majors if they weren't deep in debt.

https://www.forbes.com/sites/zackfriedman/2019/02/25/student...
Public Colleges: 66% of borrowers who graduated from public colleges have student loan debt. Average student loan debt at public colleges is $25,550, which is 25% higher today than it was in 2008.

Private Non-Profit Colleges: 75% of borrowers who graduated from private non-profit colleges have student loan debt. Average student loan debt at private non-profit colleges is $32,300, which is 15% higher today than it was in 2008.

For-Profit Colleges: 88% of borrowers who graduated from for-profit colleges have student loan debt. Average student loan debt at for-profit colleges is $39,950, which is 26% higher today than it was in 2008.


I wonder if those who attended for-profit college are the most regretful.

https://www.theatlantic.com/education/archive/2018/08/for-pr...
Research has shown that for-profit colleges disproportionately enroll black students, single parents, and older students. On its face, that seems like a good thing, since it means increased access to higher education. But for-profits tend to be more expensive, have lower six-year graduation rates, and lead students to take out more loans that they are more likely to default on.
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