This, but in a more subtle way. People seem obsessed with the economics of having a university degree: how much money you make, the cost of it all. But we're putting an economic microscope on something which is inherently hard to value in dollars.
How much are your friendships worth? Your outlook on life? Your confidence and optimism in human nature? Your expectations of what is achievable?
These are all things that college will mold and shape, yet are impossible to value from raw dollars. Yeah, so maybe if you were just looking at pay, getting a Harvard degree isn't the best investment. But having a few years to indulge in the best faculty, stunning facilities, and intimidatingly intelligent peers changes things for a person at a very core level. Maybe it's worth the debt.
Degrees are not commodities, even in some instances they are treated as such. Your education is not a financial investment, even if some people people will treat it as such. If you're worried about the payback on schooling, you're doing it wrong. And that comes from a guy with a significant amount of it.
How much are your friendships worth? Your outlook on life? Your confidence and optimism in human nature? Your expectations of what is achievable?
These are all things that college will mold and shape, yet are impossible to value from raw dollars. Yeah, so maybe if you were just looking at pay, getting a Harvard degree isn't the best investment. But having a few years to indulge in the best faculty, stunning facilities, and intimidatingly intelligent peers changes things for a person at a very core level. Maybe it's worth the debt.
Degrees are not commodities, even in some instances they are treated as such. Your education is not a financial investment, even if some people people will treat it as such. If you're worried about the payback on schooling, you're doing it wrong. And that comes from a guy with a significant amount of it.