If you are reading this you might be one of the ones that has decided NOT to go to college and to try to get a job instead. I am sure you have heard from many places (including your parents) how important a college degree is. But maybe after reading this article you will feel relieved at your decision to try to get a job rather than have to get a loan for school.
The next debt crises in America is going to be all the student debt that is being carried and it is no wonder with the absolutely outrageous cost of getting a college degree. How can anyone justify borrowing $10,000 to $50,000 a year for 4 years just to get a college degree?
For doctors and lawyers who might be able to make enough to pay it back maybe it is okay. But for the average student with an English major, Communications major, History major, or any other kind of major what kind of job are they going to get that will pay them enough to ever pay that much back? And now with the unemployment rate near 10%, no college graduate is guaranteed of getting a job at all anyway.
This is a SERIOUS problem for anyone who is 18 years old and trying to figure out what to do. On one hand they may want a college degree but on the other hand they don’t want to be in debt much of their lives just to get it. At some price, and we may already be at that price, a college degree is a BAD choice!
Jobs for 18 year olds are not easy to find and anyone who has been looking knows that. It is no secret that jobs for college graduates aren’t easy to get either and many of the people trying to get them are heavily in debt from all their college loans.
College is important only if you can afford it because even with a degree nothing is guaranteed. Many, many people have no degree and have been VERY successful in business and their jobs. So, it might be better to be looking for work with zero debt than already being buried in it just like so many college students and graduates are now days.
If you are 18 or 19 years old and looking for a job, keep looking and be glad you don’t have big loans to pay off. It might not be fun to be having so much rejection on the job front but at least you don’t have that pernicious debt to pay off!