Another Book on the Topic: “Is College Worth It?”

Yet another book is out about the cost and value of a college education.  This one is from former Secretary of Education William Bennett.  Unfortunately, this book, like so many publications before focuses on universities and public education funding issues.  These are important, but they do not help you make better choices about your own future.  You need specific guidance on how to invest in your own future.  Under every scenario, learning is key to that future.  Buzz Today Source:  Washington Times book review – “Is College Worth It?”    College has simply become too expensive… A bachelor of arts degree in political science at a price of more than $150,000 now seems like a bad choice…It is a horrible return on investment to spend four years and six figures on a degree in women’s studies and a minor in religion.

I want to add a few observations to this “Is College Worth It?’ conversation.  I think it is the wrong question.

It is true that in the twentieth century, earning just about any college degree vastly increased the odds of getting a well paying job and a secure future.  The world has changed.  Two important things have happened since these simpler days of old.  First, the world has not only changed it is changing at an ever faster pace.  This makes it more difficult to select a career that make your future more predictable.  Today, every choice involves greater uncertainty.

The other thing that has changed is the cost of education.  A college degree has become very expensive.  This is one of the main complaints of authors like those in the BUZZ Today reference.  It is important to not mix cost with value.  Is it valuable to learn?   The answer without a doubt is yes!  Is it more difficult to decide what to learn?   Again Yes!   Because it is more expensive to take the traditional route of a college degree should you avoid learning?  Absolutely not.

What has not changed, and is important to you, is that the best route to a more prosperous and fulfilling future for you is still through learning.  It is simple to say don’t go to college.  Unfortunately this leaves you with the challenge of deciding how to get to your better future.

One of my strong reactions to the points in BUZZ Today is that it is not for me or anyone else to tell you what choices you should make about your future.  The BUZZ Today authors can help you with facts and data about investments and returns.  Financial costs and returns are appropriate for you to consider in your decision.  What I think is not appropriate is for me or anyone else to tell you that you should not study for a college degree in women’s studies and religion.  If these are subjects that you want to be a part of your future – go for it.  But in the end you have to make choices like this.  No one else can make them for you.

My advice is that your choices involve your journey to your future.  The key elements that I have you focus on are specific choices that make your personal road map from “who you are” to what “you will be doing” in the future.  Help on these important issues are outlined in detail in Your Future is Calling.

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