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Maybe not evidence exactly, but the stereotype of the barista with a fancy degree and lots of loans comes to mind. > Those Americans can mostly get loans to pa

Maybe not evidence exactly, but the stereotype of the barista with a fancy degree and lots of loans comes to mind. > Those Americans can mostly get loans to pay for college, then pay off their loans using all the extra money they make now that they're an engineer. The flaw in that kind of logic is: 1: Many people who enter college can't graduate, for many different reasons. 2: Many people who graduate are incapable of working in the field they studied for, again for many different reasons. In my experience, I went to an expensive school that had a high dropout rate. A lot of the dropouts were people who either had poor study habits, or simply weren't able to understand the material. Unfortunately, everyone who took out loans and then dropped out still had to pay back the loans.

sharemywin 3y ago
That's why all the smart people became home contractors and started their own business.
- gwbas1c 3y ago
  Well, that was some of the best advice I heard in high school. I went to a religious "prep" school, and one of the best teachers I had pointed out that fact to us. He basically said that, if you're planning on working in a field that does not need a college degree, it's not "worth it" to go to college. In 4 years, you'll be making more money then someone graduating, and have no debt, and have savings. It was "sacreligous" on his part because the school had a 99% college acceptance rate; but years later I bumped into an alumn from my class who went the contractor / no college route, and was doing well and very happy. Edit: > That's why all the smart people became home contractors That's not a job for everyone, which is why college is also needed. I'd really hate being a home contractor, for many, many reasons. College was the right path for me, but I'm under no illusion that it's the right path for everyone.

sharemywin 3y ago

That's why all the smart people became home contractors and started their own business.

gwbas1c 3y ago
Well, that was some of the best advice I heard in high school. I went to a religious "prep" school, and one of the best teachers I had pointed out that fact to us. He basically said that, if you're planning on working in a field that does not need a college degree, it's not "worth it" to go to college. In 4 years, you'll be making more money then someone graduating, and have no debt, and have savings. It was "sacreligous" on his part because the school had a 99% college acceptance rate; but years later I bumped into an alumn from my class who went the contractor / no college route, and was doing well and very happy. Edit: > That's why all the smart people became home contractors That's not a job for everyone, which is why college is also needed. I'd really hate being a home contractor, for many, many reasons. College was the right path for me, but I'm under no illusion that it's the right path for everyone.