All Posts Tagged With: "Communtiy Colleges"

College Is A Bad Investment

To the baby boom generation, a college degree was almost a mystical amulet, and just possessing it meant that your life would be improved in mystical ways. Thus, a college degree was something to be quested for, like a hero from Greek or Norse mythology.

Unfortunately, college is a horrible investment. Actually, I need to amend that; nothing is a horrible investment in-and-of itself. This is true for stocks and bonds, houses, and even college. Overpaying for these things – defined as paying more than is reasonable compared to the returns – makes them bad investments, and if you are attending a four-year college, you are almost certainly overpaying.

The United States has more unemployed college graduates right now than we have ever had before. …


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