Monday, November 09, 2009

John Stossel asks "Is college worth it?"

John Stossel asks is the cost of going to college worth the hope for return?

Too many students graduate from college with tens of thousands of dollars in debt.

I've blogged in the past about the problem of rising cost of a college education.

If a tuition was a thousand dollars a year then a Bachelors degree could be worth it. If tuition was a million dollars a year, then there is no economic justification for going to college.

Our society is moving more and more to a point where the cost of college is too much for too many adults.

John Stossel reviews some of the other options.Our society is too quick to encourage everyone go off to college.

Janine and I do plan for our children to go to college, but we'll try to do it on the cheap. Our goal is for them to do a number of classes in the local Junior colleges.

(Hat tip: via the HSC mailing list)

Technorati tags: college, cost, education


Robert M. Lindsey said...

Luckily, I work at a university and my kids get to come here tuition free. Even with that, I'm not sure they will all go to college.

kat said...

I so agree! I have a 5 year degree that took 6 years to fit in and worked in that field for 2 years. Then I got a Masters and didn't even get a real job before starting our family. The only good thing is that we were so poor that I qualified for lots of free money and didn't have much debt.
At the same time I feel sorry for these folks, what were they thinking? I heard on Dave Ramsey one poor shlub who owed $50,000 from getting a degree in Spanish! Muy stupido.