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My Next College | Personal Finance for Students and Graduates

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Save Your money (or your parents money, you lazy bum)

Money Wasted

College is a waste of money.

Well, let me reword that. College is a monumental waste of money.

Don’t get me wrong, education is very important. I’m not going to sit here and tell you that life will be easy if you drop out in the 10th grade. But if you think it makes a difference whether you go to Yale or Wayne State, you’re wrong. All you’re buying is bragging rights. At the cost of an extra $100k, it’s just not worth it.

The fact of the matter is, employers are more concerned with your work experience and abilities, than they are in what school you went to. All a Harvard degree says about you is, you did your homework. It doesn’t mean you’re smarter than the next guy, it doesn’t mean you work harder than the next guy and it certainly doesn’t mean you’ll make a better employee than the next guy.

What it does mean to an employer is you’re more likely to be high maintenance, more likely to jump ship to a different employer and more likely to be resented in the workplace. All that, so you can tell people you went to Harvard? Or Princeton, Yale etc? It’s not worth it.

Now, if you’re paying your won way, or you have rich parents, or whatever, knock yourself out. But if you’re like most people, don’t stress about where you get your degree from. Definitely do the first two years at a community college. Do whatever it takes to save money on your education, because in reality, it’s not worth as much as you think.

As long as you get a degree from an accredited institution, and you are smart and hard-working you will go just as far as the next guy.

If you found the previous article informative, check out the following articles:

  • Scholarships, Your Ticket to College
  • Affordable Textbooks
  • Finding the Right College or Univeristy
  • Choosing a Major
  • Study Tips
  • College-Housing
  • College Social Life
  • Dealing With Professors
  • Deceptive Practices by Credit Card Companies on Campus
  • 18 of the Weirdest Scholarships for College
  • Bullshit Your Way to an “A”

You can also submit your articles for fame and fortune (without the fame or fortune) by contacting us with the form at the bottom of the page.

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