Does College Still Pay? Seven New Rules For Making A Good College Choice

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In the last post in this series, Tom Vander Ark provides advice to learners and identifies seven new rules for choosing college (or not).

College is more expensive than it’s ever been. It’s a catastrophic mistake to take on thousands of dollars of debt and drop out without earning a degree. But it’s a frequent problem—almost a third of all college graduates are underemployed and one in three college students drop out without obtaining a degree.

Horn and Moesta ask young people to step back and think about their why and then find a pathway that makes sense for them rather than just assume they should follow the crowd and take"the next logical step." They urge young people without a clear sense of purpose to consider a gap year.said, “35 years ago, it made sense to make that investment to grow and learn about oneself at college, but at the current cost of a university degree, that no longer makes sense.

If and when you decide to go to college, do it with a clear pathway to employment, a timeline and a financial plan.says were in the early days of the “ faster + cheaper revolution that will upend the traditional college route as America falls out of love with the bachelor’s degrees, particularly from non-selective colleges.

to advance “the universal right to realized potential.” Their mission is, “Completion With a Purpose.” Their advice is to get a good job after high school or find a certificate or degree program that is a direct path to a good job. Look for “flexible, direct, cost-effective learning pathways that keep up with the emergent demands of the workforce.”With the big increase in cost, college is a huge financial commitment—it’s a big life decision on par with buying a house. Get good advice.

 

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If you know what you want to do for a career when you graduate from high school, trade school is a great choice. It's not demeaning or a 'poor you' choice. Go for it and enjoy doing what you love!

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