The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

The Risk of College

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

MTEE1985

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jun 12, 2018
656
2,662
652
Arizona
Thought you folks would find this interesting: Calculating the Risk of College

TL;DR (or no WSJ subscription):

For every 100 students: 42 graduate in 4 years, 18 in 6 years.

Of the 60 that graduate, 42 will have student loan debt. They owe, on average, twice as much as they did 20 years ago.

5 of the 42 will default on the loans by age 33.

After 10 years, 32% of grads will have jobs that don’t require a college degree.

What about the 40 students who don’t graduate you ask?

28 will still have student loans to pay. 10 of the 28 will default.

As the article says, this isn’t anti-college, but for those of you in school and those with kids, pick a worthwhile major and FINISH.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Sponsored Offers

  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2020
Price is going up to $3,000 on Jan 1st. We went through the cost of running it over the last...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
If you read the last message then you know I'm removing my courses from Udemy next month. You...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
PS. what do you think about the idea of setting up live Busking experiences on Air BNB? I could...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Hi Mj, I just bought it. And reading it. I think is a great idea to write using the stories to...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Just got off the phone with @LightHouse. Having just a 45 minute conversation with him has...
  • Sticky
MARKETPLACE Kill Bigger Incubator
@Kak Thanks for the reply. Whats interesting is that I have an idea that's been cooking which...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom