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College and University Discussion
Reply to "Is getting a college degree just a huge scam?"
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[quote=Anonymous]My masters immediately tripled my salary compared to my bachelors. Both from state flagships (different states). 7 years later and my salary has tripled from that first post-grad job and I work about half as hard. Flagship school #1 was $12k/year and my scholarships brought it down to about $4k. I worked to pay for rent and living expenses. My dad was able to contribute about $12k over the 4 years, leaving me with $4k in loans. I paid that off in the 3 years after graduation, before starting grad school. I finished grad school with no debt because I had an assistantship and paid the fees in cash each semester. I am one of the few millennials I know that was relatively free of student debt, but only because I prioritized making that a reality for myself. I hope my kids go to trade school and get started in their careers years before I did. I’ve had to play catch up in getting retirement savings started since I was in school until I was 26. My first company did not match for 401(k) and second company offers no retirement planning at all, so it’s been something I’m actively managing and working on. [/quote]
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