Is college a waste of time and money?
I was talking to a young man named Andrew at a Memorial Day barbecue on Monday. He told me that he had just finished college and that he was excited about starting his career as a fireman.
I congratulated Andrew and then we spoke about his career. Turns out he wanted to be a fireman since he was five years old. I have a lot of respect for people who pursue their dreams, and this young man had been pursuing his dream for 17 years. I give him a lot of credit. But then I started having a few doubts about the decisions this man and his family made.
I asked Andrew if a college education would be helpful in his career as a fireman, and he said he didn’t think so. I asked Andrew why he went to college and he said he enjoyed it.
You want to have fun…go to Disneyland…it’s a lot cheaper than buying an expensive college education. This kid just finished “having fun” with $150,000 of his parent’s money for crying out loud.
On top of that, he could have spent those four years at work saving lives, gaining experience and advancing his career.
I think Andy had no business going to college…what’s your opinion? Is college worth it no matter what?
Enough ranting for one day. On to the weekend reading assignments.
First, I participated in the following two carnivals. There are a number of interesting posts to read. Check them out.
Money Hacks Carnival – The Family Summer Vacation Edition
My Life ROI had a fantastic discussion about identity theft.
Bargaineering wrote about comparing refi offers.
How much is enough? See what Five Cent Nickel has to say on the matter.
Say “NO” to the kids by Frugal Dad.
Do something wonderful for yourself this weekend without spending money. Let me know what it is.