Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Educated is always better
If it's free.
The question is the education you get there vs $$$ of debt.
If you are rich enough to be careless, you can pass.
It is common sense that English/Dance/Philosophy/etc majors are lower pay than STEM majors. As such a person should especially attend a college they can afford if this is what they plan to major in. The world needs these majors, we need Education majors, we need art history majors. What we don't need is people planning to major in that taking loans of $100K+ to get that degree and then asking for loan forgiveness.
I tell my kids they can major in whatever they want, to follow their passion in life. But to be realistic and know what type of lifestyle will be afforded by that major choice. If you really want a luxury car, a trip to Hawaii/Europe yearly, to eat out 5 nights a week/etc, then being an education major or philosophy major may not be your best choice because it would be hard to support that lifestyle with that degree. If however you are passionate about being a philosophy major or English major, then go for it. But plan accordingly, as you need to work a bit harder to find a job. There are not tons of jobs applications that say "English major wanted" like there is with CS/Engineering. So you have to plan a bit more what you actually want to do with your degree. Also, know what your expecting starting salary will be and don't take more loans than you can afford with that (unless parents are going to help you pay off the loans). Go to a state school that's only $25K/year (or private school that offers you merit so that it's only $25K/year) and work summers and breaks and PT during college to minimize your loan needs. But do not take out $25K of loans each year for a degree that only gives you $25-30K as a starting salary---you will struggle to keep up with payments and actually afford to live.
So you are basically telling them what to do. This is just a passive aggressive way to control what they do, nothing more.
No---I'm not controlling my kids. I just presented them with reality starting at a young age. My kids know how to budget and what living on their own will cost. They are lucky and know we can and will actually pay for whatever degree they want (sending one off to a $80K/year university and let them turn down 2nd choice which was same price but they had a $40K/year merit award---so yes, my kid turned down $160K of merit awards at a university that was nearly similar level to where they are going---because their choice is a much better fit/choice for them--yes they recongnize they are privileged). None of my kids wanted to pursue any of those degrees anyhow--they are following their areas of interest and strengths. I've got a premed major and an engineer and both were geared that way naturally themselves from a young age (especially the engineer---math whizz from a young age and wasn't a fan of English class despite taking AP English).
My kids also know the reality of being a theater/dance/music major. How challenging it is to actually get a job you want (many in those fields end up doing other things or parts of their area that they don't really want to do just to make ends meet). They've watched friends debate these paths; they've watched their teachers live this path. They know most dancers end up teaching even if they just want to be a performer, so if you pick that route, you better enjoy teaching kids, because you are likely to need to do that at some point, as well as what if you get injured or the fact that there are not many 35 yo professional dancer, many are done with their performing careers by that point because it is so hard on your body physically. We would have supported my kid if they wanted to take this path as well, but they smartly (for them---they are good but not that good to have a career in dance) decided to just do dance on the side/maybe minor for the fun of it.
My goal as a parent is to educate my kids about everything in life. That includes preparing them to be a fully self functioning adult. While I can afford to help my kids with life (and will happily do it as needed), it is really much better for their self esteem if they are able to finish college and be able to function fully on their own. Just like I read to my kid when they were little and played with them and held conversation (age appropriate developmental activities), as they got older, I realized its my job to also teach them all about life, including the not so pleasant parts like all the bills and realities of being a fully functioning adult entails.
However, I did present my kids with the realities of budgeting in life, the costs of college, what student loans mean (despite the fact we wont require our kids to take any), what starting salaries are so they can see that their career choice does determine what "extras" they can have in life. It's called reality. If my kid wants to be a theater major or dance major or art history major they can choose that path. But I want them to go in knowing reality and what that means for their future. If you are only making $35K/year, it's difficult to afford a new car payment and insurance, a nicer apartment without a roommate, to save for a house downpayment, to save for retirement, to pay for daycare, kids activities, etc. If more parents looked at reality and had discussions with their kids, perhaps we wouldn't have so many people with over $100K in student loans and a job that only pays them $35K/year complaining they can't afford their loans. If they had stepped back, taken off the rose colored glasses and researched just a little bit, they would have realized that they can still do what they want in life, but it would be much easier on them if they had attended an instate school or taken the CC route and then onto 2 years to finish their degree.