Episode 8

A College Conversation (Part 1)

Should you go to College or Not? Is College worth the Financial Investment?

 

Timeline: 

01:28 - Introducing the guest speaker- Zach.

02:09 - Zach’s High School - College experience and why he dropped out.

06:13 - Top 10 Highest-paying & Lowest-paying degrees and their average salaries.

07:02 - Before spending a lot of money on a degree, consider if the Return of Investment (ROI) is worth it.

08:40 - The Student-Loan-Debt problem.

11:13 - The Pros and Cons; College is an option, but it’s not the only option.

12:45 - Use statistical data to estimate the VALUE of your DEGREE before investing in it.

25:00 - College is not designed for everybody.

25:50 - Average earnings for workers based on educational attainment.

29:00 - Don’t pursue worthless degrees and huge volumes of student loan debt for no justifiable reason.

Keywords:

College, Degree, Student Loan Debt, Return on Investment.


Key Takeaways:


“A lot of people are spending a lot of money for college degrees but the return on investment isn’t that much”

“If you find a better opportunity to pursue something that gives you a better return on investment, … take advantage of it.”

“A college degree does not guarantee you are employable”.


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Music By: Lakely Inspired

The Success Code Podcast: https://www.podbean.com/ei/pb-kdac6-e60515



References:

The Most Valuable College Majors, Ranked: https://www.bankrate.com/career/most-valuable-college-majors/ 


Student Loan Debt Statistics:

https://educationdata.org/student-loan-debt-statistics/


Educational Attainment in the United States (Salary, Demographics, Statistics):

https://statisticalatlas.com/United-States/Educational-Attainment


About the Podcast

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Corners and Conversations
Corners and Conversations is an approach to discussing a wide variety of topics, perspectives, and ways for youth to look at things. More information at www.jcsupport.org.