The average cost of college is $27,560 per year in the United States. Add another approximate $11,000 for housing and food costs if you’re living on-campus. It makes sense that more people are asking themselves if college is worth it anymore.
Traditionally, Americans have considered higher education has been considered a must for young people to succeed. As a result, America is one of the most educated countries in the world.
On the other hand, we have also accumulated $1.61 trillion in student loan debt at the time of the writing of this article.
So, does attending college pay off?
I’m going to be straightforward here. I don’t think that is always the case.
These are some points to consider before you take on that student loan debt.
Is there an opportunity?
When considering whether college is worth it, you have to look at the opportunities available there. College is not always the place where you have the chance to fulfill your dreams.
First, have a definite goal and purpose. That’s the only way you can really evaluate what higher education can provide for you.
Colleges will not teach you how to sell things or talk to people.
So, if you are interested in a career where that is necessary, you may want to jump right into the workforce.
However, a person whose goal is to help people as a doctor would definitely consider college worthwhile.
There is also the opportunity to network with high-quality people at colleges. That in and of itself may make it worth it to you. But that is a very expensive way to go about it.
Final thoughts on whether college is worth it
My final opinion on if college is worth it anymore in 2022 is simple. You should not feel obligated to go, nor is it a key element to success.
College is only worth it if there is an opportunity to reach your highest potential there.
What makes people successful is commitment and persistence.
You don’t need to delay years or get in crippling debt to have those qualities.
I you want to learn more in 4 hours than you ever could in 4 years of college, get your FREE ticket to my 10X Business Summit while you can. I’ll be interviewing celebrity entrepreneurs like Shaquille O’Neal and Robert Herjavec, and you’ll get some massive business strategies that you can apply ASAP.
Disclosure: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.
We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.