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Thread: If you have kids, send them to college?

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    Default If you have kids, send them to college?

    NO DAMN WAY! College is a joke of a return nowadays and honestly you shouldn't have to answer to anyone but yourself and god anyway.

    If I ever have kids.... which I don't know if I will. I will set aside money for them to buy a franchise with. Any one they like! Not for going to college. This way they can get a tried and true business plan, and an entrepreneurial education.

    On top of that, just in case they want to work for someone... what is more impressive on a resume, ownership of a successful franchise or a 4 year degree? You tell me LOL. Everyone has a degree, there is no differentiation.

    College is too damn expensive for what you get. Government threw money at anyone who wanted it and schools were like "hell yes! I get to charge more" then the government threw out more money and so on.

    It wont be long before the services of a plumber will cost you more than a trip to a dentist office.
    A hardcore Texan in the commercial energy business.

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    Cool...

    My kids are going to do what they love, regardless of what I want. Your life is your life, you should enjoy it in the ways that make you happy.

    Id rather be open minded and close to my kids than closed minded and have them resent me.
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    A couple years ago I probably would have agreed with this, but reflecting back I grew a lot as a person having gone to college for even just the year I went. Education wise, I could have dedicated that time on my own and learned a lot more. Having said that though I went through high school as the shy\quiet kid the 'adventures of college', definitely helped alleviate that.

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    I would give them the choice between what you mentioned (dependent on the maturity level of the kid) and college.

    Granted, college is pretty much a 4-year party (or 5 or 6) but honestly, I feel I learned a lot about myself during that time that I would not change for ANYTHING! Without college, I would not be nearly as mature as I am both mentally and financially. This may not be the case for others, but is probably for some!

    I also think that giving them a business opportunity would be great, however, at that age I was only worried about getting "intoxicated" and having a good time. In result that cash or business would be non-existent within a year or 2!

    BUT thats just my 2c!

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    There is no one size fits all and not everyone is going to be an entrepreneur. IMHO college is not that expensive if done correctly. College can't be approached from a consumer point of view. There are scholarships that can be earned. There are business tax strategies that can mitigate some costs. Working part time through college teaches you what you like and don't like. College allows young people to meet people of all kinds.

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    Now... I can see sending them to college if they want to be an engineering major or for something medical if they are interested in that kind of thing. But as I have learned first hand, running a business is worlds better expirence than getting a business degree.

    My kids will have access to alcohol while in my home from the point they are old enough to make that decision for themselves. I do not want it to have a novelty factor. My dad did that for me and I've been drunk only 3-4 times in my life.
    A hardcore Texan in the commercial energy business.

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    Quote Originally Posted by Kak View Post
    Now... I can see sending them to college if they want to be an engineering major or for something medical if they are interested in that kind of thing. But as I have learned first hand, running a business is worlds better expirence than getting a business degree.

    My kids will have access to alcohol while in my home from the point they are old enough to make that decision for themselves. I do not want it to have a novelty factor. My dad did that for me and I've been drunk only 3-4 times in my life.
    Again, the alcohol thing is no one size fits all.

    Kak you remind me of myself when I was your age. Everything was black/white. I have now raised a kid not much younger than you. I have also ran through about 800 students. Kids are all different. Some could handle a strict environment with no alcohol and be fine later in life. Some will go on drunk benders when they go to college no matter what their background. Your parenting and home skills do have an effect. But you cannot discount the bend of the kid or the influence of peer pressure.

    The more you learn the more you see shades of gray.

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    Yeah you are probably right. Ya know it sometimes bothers me to think that no everyone can do what we do here. In fact most people think its childish to forgo a stable job in search of something more out of life.

    I hope my kids do pick up on the fact that there is a lot more out there for them than college and 40 years of a paycheck that goes up with the consumer price index.

    Anyway it was just a thought. Y'all have a good night!
    A hardcore Texan in the commercial energy business.

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    It depends on the parent's ability to identify their child's gifts and the parent's ability to manage their ego to differentiate between what they want compared with what their child wants.

    Some individuals aren't able to be entrepreneurs despite their parent's convictions. Vice versa.
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    One thing I need to emphasize is the utmost importance of having a well balanced CRITICAL mind & knowledge. Either through self education or community college, I truly believe that one should put forth effort to gain much knowledge within the subjects of: at least some basic mathematics & science, oral/written/critical think skills(aka college level English), history, art, literature, philosophy, humanities (poly-sci/social/anthro/psych/econ/foreign), and self/life development & understanding along with the ability to problem solve. Additionally, it would be of some value to gain basic business & financial understanding. Knowledge within any of these subjects can be obtained via online and books. Best online textbook sites: Top Discount Textbooks Sites

    Obviously, when it comes to studies like medical, most kinds of engineering, and law, attending college and receiving a degree would be essential. No way around it, because quite literally people's lives would be on the line. However, only speaking for my line of work (digital media & e-commerce) I can't justify the cost of attending school, nor the time. EVERYTHING I've learned and continue to learn are all ONLINE via the web! As a matter of fact I know far more than the student that spent $30k plus and 6 years (comparing to few real life people I personally know). I've only started 2 years ago! THINK ABOUT that!

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    I have 2 kids. not college aged yet. that being said, If my kids want to go to college they will have to make it happen for themselves. I will continue to provide a place to live and food when they graduate high school for a reeasonable amount of time. If they want to go they will have to work it out on their own, either thru financial aid or loans or scholorships.

    My daughter wants to go to college. right now she wants to be a vet. I am sure that will change 100 times before shes done.

    My son wants to join the military and have them help pay for college he wants to be a mechanic like his dad tho so I dont get that one... lol.

    my daughter is only 11 and my son is 8. I honestly doubt if either of them end up with a college degree. I will support them (emotionally)in anything they choose to do!
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    Thought I would toss this out there too. Kids will do what they want once they are 18. reguardless of what the parents want.

    My neice had college handed to her on a silver platter. paid for for however long she decided to go. they were going to buy her a car and pay for her housing for any college of her choosing. and give her money to live on so she didnt have to work.

    that said, she walked away and turned her parents down. they were livid. still are 2 yrs later. you cant make people do what they dont want to do. even if you did give birth to them. which is why I will let my kids choose what their lives will be and they will be responsible for their lives themselves with a little guidance from me.
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    NO DAMN WAY! College is a joke of a return nowadays and honestly you shouldn't have to answer to anyone but yourself and god anyway.
    College changed my life. It changed my perspective on the the world and the people around me. Do you need it? It just depends on what you want do in life. Not everyone wants to own a business. Teachers, doctors, and scientists need some sort of education after high school.

    I think the problem is that the cost of higher education is way too high. The economics of a higher education don't really seem to make sense right now. That is a major problem that will have to be fixed. I have structured my entire business model around this problem.

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    It's somewhat naive to believe that one can simply tell their college-aged children what they can or cannot do.

    How often do these people do what their own parents tell them to do?
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    I will encourage my children to go to college. Obviously the number one priority is what they want, because without desire, the rest is moot. But given the opportunity I would not trade my college years for anything. Remember, when it comes down to it, life is about experiences not money. You earn money to create more experiences to live a fuller life. I wouldn't want to deprive my children of a life experience.

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    College is a business. I am not a big fan of college but ultimately it will my be by kid's choice what they want to do in life. There are careers such as in the medical industry that you need a college degree for. It is my responsibility as a parent to show my kids that there are other alternatives and opportunities in the world besides college. I think a lot of young people out of high school don't know any better, and feel as if there is no alternative other than going to college. There are so many ways to educate yourself, and experiences that can only be learned in the real world. Most of the academic stuff you learn in college, you will never use! In my house I give my kids the ability to learn and express themselves through all sorts of things. We do so many projects, arts, crafts, music, weekly field trips to different museums/parks/factories to learn and explore about the world. My son is 5 and he is such a curious kid, wants to know everything! Already I talk to him about money and business. He is very good at saving money, and chooses what he wants to buy wisely. His grandma gave him $20 and we were at the store, he was a movie that he wanted... I told him to could buy it with his $20. He said "no, I will let daddy buy it for me later, why spend my own money when I can get someone else to buy it for me?" When kids want to know about something or learn something new, let them, provide them with opportunities and an environment to learn and to express themselves instead of telling them you're too young, you will find out when you get older, I don't have time for you right now, we can't afford to do this or that.... it seems parent's really know how to kill a child's dreams and the desire to learn. My son loves to explore and take photos, so I bought him a nikon camera for $60 brand new! He takes photos of all his little adventures that we go on and then we put them in his scrapbook. He loves music and is fascinated with the drums and has been taking lessons for some time now. He has been learning Spanish from watching Dora and wants to know more. He asks me almost every day about what I do on online and how he can learn. It brings me so much joy to see him so passionate about learning and it's hilarious the things he says sometime. My daughter on the other hand is almost 2 and she loves to color the whole house with crayons and dress up.

    With all that being said if they choose to go the college route that will be their decision, but it is my job to teach them about other opportunities/alternatives, let them explore the world... and if they choose to go to college they will not be able to tell me that they didn't know there was more out there.

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    So... at 18 years old, you want them to have the full responsibilities of running a business, where if they fail they no longer have an education, credit, and few friends, and be working 60+ hours per week?

    Or, go to college and network, build lasting relationships, party, and get a degree that will at a minimum allow them to fall back on a 50k+ job?

    Pardon my ignorance, but I feel like college THEN entrepreneurship is the best way to do it.

    It's the path I took, so I am bias, but it has opened so many doors. your odds of success are much greater when you email a business owner saying "i currently am studying at your alma matter and saw you were successful..." Rather than saying "i just graduated from HS and my parents gave me funding to start a Franchise.."

    To me, one has a lot more credibility than the other..

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    I'm in college and it's awesome.

    But I'm also in the start-up phase of my business.

    I will be sending my kids to college. I won't forbid them to do what I'm doing, nor would I discourage it... but I sure as hell wouldn't encourage it. I would rather my kid go to school and get a liberal arts associates degree than not go at all. But here's the thing: when my kids are old enough, I'm going to be able to pay their full tuition without having them have to chip in. Will I force them to graduate? No, but I'll tell them that they should graduate with high honors. As far as what my kids do in life, I wouldn't care as long as they were happy doing it and were able to support themselves financially. If I have a Slowlane kid, so be it. If he/she is happy being Slowlane, I won't criticize.

    I'm not having Sidewalker kids, though.

    College is awesome, and if I have to go early because of my business, so be it. But I would not miss this experience for the world, and I'm only done my first semester.

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    Quote Originally Posted by Kak View Post

    On top of that, just in case they want to work for someone... what is more impressive on a resume, ownership of a successful franchise or a 4 year degree? You tell me LOL. Everyone has a degree, there is no differentiation.
    I agree that college isn't all it's cracked up to be, and that when schools begin handing out degrees like candy then they don't amount to much, but isn't owning a franchise the epitome of working for someone else? I'd rather work for someone else in a job situation where I at least have some modicum of control (I can quit, and I don't have any skin in the game) than own a franchise where I have no control and am at the mercy of corporate decisions that can dramatically alter my bottom line. Just playing devil's advocate here.
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    Quote Originally Posted by MNentre View Post
    your odds of success are much greater when you email a business owner saying "i currently am studying at your alma matter and saw you were successful..." Rather than saying "i just graduated from HS and my parents gave me funding to start a Franchise.."

    To me, one has a lot more credibility than the other..
    as one of the parents who responded I think you misunderstood. I will not be handing my kids funding to do anything. college, franchise, a $200 pair of jeans none of it. they will have to learn and earn and work their way into whatever they want to be...

    My kids would email something to the effect of. "I am currently looking into the possibility of entering your industry and saw you were successful, So I was wondering if you would take the time to chat with me(in person or otherwise) to answer some questions. "
    "brick walls are there for a reason...they let us prove how badly we want things." Randy Pausch

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