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To: DesScorp

I’ve been saying that for a long time, and often get accused of being elitist because of my opinion. But unless you are going to college for the life experience and for the sake of the education, the return on the investment these days is minimal without a technical degree or specialized MS degree. My niece is paying $30,000 per year at a private school so she can be a teacher, but also says she wants to stay at home after she has kids. How long will it take at a teacher’s salary to recoup that investment (or repay the loans?) compared to if she had just worked as a waitress making $15 per hour in tips. That’s like $30000 per year, and you can do that right out of high school. Even if she could make $60000 per year teaching, it’ll take 8 years to break even. She probably won’t even work that long.


5 posted on 09/13/2007 1:39:15 PM PDT by JTHomes
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To: JTHomes

Well, except she wants to be a teacher and not a waitress, at least in the brief time before she quits to have babies—although both teaching and waitressing are good jobs to return to when the kids are older! The real problem was picking the $30K private college when there are excellent public colleges in the U.S. that are much cheaper.


10 posted on 09/13/2007 2:09:30 PM PDT by olivia3boys
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To: JTHomes
I went to law school and practiced a relatively (in lawyers’ terms) short time before staying at home with children. I, too, attended a private institution, and I took a second mortgage on my home to finance my education. I do not regret one iota my education. It may have not given me a huge financial return on my monetary investment, but the wisdom I developed from an advanced degree can never be taken from me.

Women should not be poo-poo’d desiring a good education just because they do their family and this country a great service by staying home with children. Wise women raise wise members of the next generation.

12 posted on 09/13/2007 2:26:58 PM PDT by keepitreal
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