A lot of it just simply has to do with the fact that the price of attaining adulthood has shot out of sight.
It used to be that a young man could get an entry level position job, straight out of high school, and work himself upwards and get the education and training along the way. Now, businesses demand a university diploma before they will even look at a resume and a master’s devree before they will consider you for a well-paying job. Consequently, even if a person has the drive and ambition to get that Master’s degree, straight out of high school, and attains it at about 23 years of ago, that person is starting out $100 grand in debt, or more. He now will have to spend the next 7 years, minimally, paying it off without being able to achieve any of the other adult goals. So this person will be about 30 years of age before he can really start to move ahead.
I say get the Associates if you are a hard charger.
Get in the door first, establish yourself and continue with your education as needed.
Get the company to pay for it if you can.
Hard Work U (No tuition)
http://www.moneysmartfamily.com/tips/type/college/hard-work
The G.I. Bill
http://gibill.va.gov/
Tuition Free Universities & Colleges Guide
http://tuitionfreecolleges.mtnhome.org/
Exactly so. Thank you. Well said.
I believe we and the Nation have to put more emphasis on having the educational system start at the high school level or such to have young people not only to know how to manage financial matters but how to look for and develop their own products that others want, can use and will spend money for instead of spending on rock concerts, making millionaires of sports athletes and movie stars and wishing to get rich quick at casinos, etc for other wasteful activities. I am not a prude or inexperienced in the ways of wasteful living but I see much of the spirit that enabled the USA economy to grow to world surpassing levels after WWII required much effort with honest labor. We of the ‘old’ generation had our fun and faults too but these were from our own doing but we kept looking to make a better USA not ‘milking’ It.