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by lev99 3046 days ago
I strongly disagree. If you judge an education by three factors you can see there are opportunities to receive great ROIs from a college degree.

1) Which degree you receive.

2) Which institution you receive it from.

3) Your total out of pocket expenses for four years. (Tuition + Fees + Living Expenses + Interest - Scholarships - Salaries)

My $55,000 out of pocket degree payed for itself and all opportunity costs in 5 years, and I fully enjoyed my college experience.

3 comments

I'm glad it worked out for you. Didn't for me. Going to college is probably the worst decision I ever made.
Going to college is more then just being at a place.
I know what going to college is. Save your platitudes.
Parent didn't define college that way, you did.
When did you get your degree ? I recently looked at some college prices out of curiosity my alma matter is now 50,000 per year with 16,000 in other expenses.

I would never have gone there if I had to pay those prices.

Don't look too closely at sticker prices, almost no one pays that.
If you're a high earner, your kids may well pay full sticker price. The whole point of price discrimination is to let poor kids in for less while soaking as much as possible from rich kids.
After doing research I am finding that grants and scholarships are less common than I originally believed.

I did not go to the most prestigious school I was accepted to. I went to a less prestigious school that offered a much better deal. I suspect many students can receive merit based aid by selecting a lower tier school.

What degree did you get? Were there any other things that made you attractive to employers? (Extra-curricular activities, previous experience, leadership ability?)
A science degree. I had an internship my senior year.
What were some of the tasks you did during your internship?
Engineering tasks.