Should You Go To College? Is A Good College Degree Enough?

Should you go to college? good college degree
Should you go to college? good college degree

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Ten years ago, no one would have asked this question of “should you go to college?,” the idea of not getting a college education seemed ludicrous. But recently, many disadvantages of going to college have come to light and it has everyone questioning, “is it really necessary? And a good college degree worth the money?”

I graduated high school in 2007, when prosperity was flowing and the economy booming. As young high school graduates we were all excited to start our college careers. My last year of high school was devoted to college applications, college tours and college nights where we would be courted by local universities. It all seemed so exciting. Here I was, about to embark on this new adventure. I imagined that my college would literally hand me a job after and that I’d be pretty much set for life after that. Honestly, I don’t know why I made that assumption, maybe it was all the statistics the colleges threw at me, but I really did believe that.

And I think a majority of us believed it, 90% of my class went on to get a higher education and the rest either joined the military or picked up a trade.

I didn’t have much debt after undergrad, it was law school that put me WAYY under. It was the one year I took but couldn’t finish. But we all make mistakes. Whether you go to college or not is a personal and financial decision that only YOU can consider and answer.

Here are my thoughts on why you should go to college:

Your parents are footing a majority of the bill. Or you have a scholarship equal to 50% or more.

College is freaking expensive. A lot of private universities cost $30K annually or more, not including housing, food and books. Certain schools will give really good scholarships if you’re in the top 20% of your class. If you were blessed enough to get a partial (50% or better) or full scholarship, I’d say that the benefits of the college degree beats the cost. If your parents are able to cover at least 50% of the costs then I’d say go for it as well.

Most white collar jobs want a college graduate and even if you get a degree in basketweaving, most basic positions require a degree. And if you’re able to get a degree cheap from either your parent’s support or from a scholarship, I’d say the risk is minimized enough to guarantee reward.

You got into a really good college program

At my university there were certain programs that were really competitive. It was the pharmacy and physician’s assistant programs but at some universities it might be nursing, finance or mathematics.

If you get into a reputable program in a high paying field it might be worth taking on the loans as long as you have a plan to pay it back. Don’t go taking out huge loans for a degree in the arts or humanitarian sciences. That’s just a joke.

You plan to make sacrifices to pay for your schooling

It’s not for everyone but even a high cost school can be manageable if you make some lifestyle changes.

I read somewhere that there was this guy that was able to come out of his Ivy League university education with only 10K in debt. You know what he did? He made a home out of his van and lived there, then he showered at the school gym. He also worked weekends to make ends meet.

Now most likely you don’t have to go so far, but little changes like going to a community college and then transferring out to a better school or living with your parents from 18-22 years of age can really save you a lot of money.

Here are reasons you should not go to college

You Just Want To Party

Some people from my high school went to party schools. They studied humanities or liberal arts but what they really majored in was how to party. I don’t know about you but $30K annually is a LOT of money to just party. I actually partied a bit during my college years but I also took my education seriously. There were some friends of mine who took their party hard college career very seriously.

A lot of people believe that the sorority/fraternity party experience is an essential part of college. Puking on the lawn, wild sexy nights with hot students, and drugs and alcohol are a huge part of that culture. I remember being brainwashed about the importance of partying in college. Movies like Van Wilder, American Pie and Road Trip were some of my favorite movies that supported that belief, but some of us took the college partying lifestyle to heart. The truth is, $30K is WAYYYYY too much to spend to just get wasted. And if you think you can drink like a rockstar AND get good grades, you’re just kidding yourself.

You don’t want to go or don’t know what you want to do with your life

I always thought it was crazy and kind of sick that our society expects 18 year olds to decide what they want to do with the rest of their lives. I remember being in my junior and senior year of high school and everyone asking me, “What are you going to major in?” It’s like how the hell am I supposed to know? How am I supposed to decide on a major when I have literally NO real life experience? At times it felt like I was taking a stab in the dark. One month I’d be sold on psychology, next journalism, then legal studies.

My advice to young adults graduating high school today is if you don’t know what you want to do and have no clue, take a year off. Don’t go to college. Try your hand at different industries. Figure it out.

You don’t have to go to college right away. You can take a year to decipher your interests. That would be better than taking another year at college because you can’t decide on a major and finding yourself wasting money on prerequisites that you didn’t need for a major that you thought you wanted.

I had an old roommate, she graduated in teaching and then decided to transfer to another private school in the city ($$$) and dorm in the city ($$$$) for another degree in liberal arts (????). Well guess what! Now she has two low paying degrees and tons and tons of loans tied to her. She’s a slave to her degrees now.

So think about what you want to do, don’t just float around taking loans hoping against the odds you can pay them off easily with lackluster degrees.

You aren’t good at school

The truth is that there are a lot of people who just aren’t good at school. Like, it’s just not for them for whatever reason, whether it’s not having the motivation to study, not knowing what you’re supposed to do or not wanting to get into debt.

That’s totally fine. I don’t think our society values people who choose not to get a college degree enough. Actually there a ton of things you can do without a college degree.

-Join the military: here you can learn different trades or build a military career that is equivalent or better than a college degree

-learn a trade: plumbing, cosmetology, cooking, electrician, bookkeeping, hvac technician, mechanic etc. A lot of these are really well paying and if you’re able to get a jump on a trade early and without debt, chances are you’ll be just as well off as someone who went to college.

You’re a hustler

Become an entrepreneur. If you think of how much in loans you need to take out for college as well as the high interest rate and then you put that money towards a business endeavor and put as many hours into it as you would college, I guarantee you’ll have a successful
business at the end of 4 years.

Of course this isn’t for everyone but if you have a motivated and competitive personality, college isn’t the only option for you. Most people consider a business as a gamble, since it can fail, but isn’t college a gamble too? Especially since you’re not guaranteed a great job at the end… think about that.
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So there you have it, all the reasons you should or shouldn’t go to college. Hopefully you can take my advice to heart. I wish I had someone in my life who could kind of shake me and help me make these kind of decisions about my education, career and finances, because going to college on a loan is a big deal.

Unfortunately my guidance counselor didn’t do shit for me at the time. They were more motivated to get as many kids into college, since that determined the school’s success rate, than finding the right path for students. And my parents were just as brainwashed as me into believing that college was worth it no matter what the cost.

So hopefully you can take this advice and use it to better yourself, figure out your path and make the best financial decision about your career, happiness and life.

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