Hey, what's up, everyone. So, taking a break, from work, so I wanted to go out for a walk. But anyway, I don't want to hold you guys up, but wanted to get into the topic of college, so I was reading an article, and I've seen this a lot, about whether college is a scam or not. So wanted to get out here kind of and give my thoughts on the whole subject So, first of all, let me say this, I'll talk about my experience with college. Me growing up, it was instilled in me pretty early that I was going to go to college and didn't have a choice whether or not I was going or not. It was the path, you know. You go to school, make good grades so you can get a college education, and that's what I was raised on, raised to do by my parents, and that's what they worked hard for me to do. There wasn't a whole lot of talk about what it would take. I mean, there were talks about scholarships and stuff like that, you know, “Get good grades so you can get scholarships,” but there wasn't a big detailed talk around the cost of going into college, or that wasn't looked into. It was kinda, you go, and if you can't afford it there's financial aid, and there are student loans that you can take out to go. So when I went, I got some scholarships, a little bit of scholarships and some financial aid, and took out student loans. But my tuition wasn't that expensive for me, so I didn't need to take out loans, but I did it. I did it because that's what everyone did and didn't educate myself on it. Not blaming anyone else, totally my fault should have looked into it, I should have understood it, but again, I was young. I didn't realize money. The reason I say that and tell my backstory, is I think I ended up taking out a total of, during my time at school, almost around $70,000 of student loans. I think if you add up the actual cost of tuition, I was there for four and a half semesters, and let's say it averaged around $3000 … It increased while I was there, so when I started out there at school, I think it was, for a full course load, it was right around $1500, $1600, something like that. It was under two grand. By the time I left, though, it had crept over $3000, close to $3500. So if you can do the math there, tuition increased a lot while I was there. I didn't need $70,000. It didn't cost me if you add up costs, it didn't cost me that much to go to college. Housing was very affordable, and I worked during that time anyway. So I definitely could have handled my money a little bit better and budgeted. But the reason I get into it is that people say that college is a scam, and if I had to do it all over again, for me, I probably wouldn't do the college route for what I need because I don't need it. I'm not applying what I learned in college to my day-to-day life or my job. So I probably wouldn't do it. I mean, for me, I think the system could be better because I think a lot of people get into the situation that I was in. And luckily I was able to get my debt paid off. If you've been following me for a while, know that I paid off all of my debt last year, so I don't have the student loans.But a lot of people get out, and they're not as fortunate, or they don't know their options or don't put any effort to get them paid off, so they're stuck with them. And I get it. It's hard. It's hard to pay those loans off. I mean, when you first get out, you got six months to get a job, you borrowed that much money, and there are bills. Real bills are coming in, and that's like the first real bills that most people have, getting out of school, and it's hard. All of a sudden you're taking care of your housing, you're taking care of your food, taking care of transportation if you have that, and then on top of that, you got all these student loans. And with student loans, the thing that kills, the reason people question and whether they say college is scamming is because there are not any regulations on the cost that it costs a semester. This is back in 2008 when I graduated, so I can only imagine the tuition, I haven't looked. I don't want to look. I can just imagine the tuition is crazy, the interest rates are probably ridiculous as well. </span></p><p><span> So people go, and they get an education, they get a degree, but is it worth the return on investment? Are you getting back what you put in? You don't get this money back, and the reason I bring it up is 'cause I'm self-employed, I'm an entrepreneur, and a lot of people in entrepreneur space, like I saw an article where they talked about, “Imagine if, as an entrepreneur, I sold you a product that was gonna cost $50,000-100,000. There was no guarantee, no refund possible that you could get back. If you did not pass, you have nothing to show for it, and if you are lucky enough, you can pay me again, give me more money, to try to go and get your degree.” So imagine if an entrepreneur or I ran my business like that if I didn't … Yeah, imagine if I ran my business like that. I mean, there would be so many angry people. I'd be shut down if I ran my business like that. So my whole point, to wrap it all up, is if I had to do it all over again, I don't know if I'd pay, because this is the thing: unless you're going to school and you're getting a specialized degree, you're a scientist, you're an engineer, you're a doctor, those things, they need school, and they need training. You have to know how to do all those things. But if you're getting a degree in business, do you need to pay all that money? Because there are so many resources out there that are up-to-date. Things are currently changing always. Do you have to pay all that money to get an education? And if you do, should they … where's the justification for all the cost that you're paying? Because people are paying these things, they're getting jobs that are paying them … and I think the average income here in Austin is around $55,000 for the household income last I checked. So you're spending all that money, you owe all that money, and your household is making $55,000 … I think the average college graduate, when last I saw, is like $36,000, correct me if I'm wrong, but you owe $50,000-100,000 in student loan debt, and you're only making $30,000. Even if you only owe $30,000 and you make $30,000, not to include the other expenses you have to pay, and the high interest you're spending on these loans, I think it's just … I don't know. I think something needs to change. I don't know, just what are your thoughts? Do you believe it's a scam? A dog is barking at me over there, guess one of the neighbors'. How do you feel about it? I mean, I think again, there are specialized degrees where I feel like you need it, but I think there's something that needs to be changed, and there should be more people fighting about it and doing more things about it. I saw an article yesterday or the day before where there are people … I think there's like 19 states where if you get behind on your student loans, you know, make them … you'll lose your job, or you can't work. So, again, I never quite understand that. How are you supposed to pay it back if you can't work? So, that doesn't solve anything. Makes the situation even worse. So I just wanted to get on here to kind of get you guys' thought, college yes, college no? You feel like it was worth it? If you're currently paying off loans, what's your experience? How do you feel about it? Anyway, leave your comments below. Thank you guys for watching. Just wanted to jump in and chime in on this subject. Hope you guys have a great day. 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I specialize in helping people buried in debt create a plan and implement the same strategies I used to pay of nearly $80,000 of debt in less than a year.