With the economic recession and the sluggish job market, it is becoming more and more difficult for people with bachelor's degrees to find work in their chosen field. Add college loan debt to that and the picture gets bleaker. According to the National College Board, the average cost of tuition at a public four year college is $28,080. At a private University, the figure is higher with an average of $105,092. It has long been conventional wisdom that parents should send their children to college after they complete high school but is it always a wise investment?
The answer is some of the time. For students that were marginally successful in high school, they might do better to attend a technical school, get an associates degree and work in their field for a few years. Then they could consider returning to complete a bachelor's degree or enter a medical assisting job path and eventually attend nursing school. To many parents, the idea of NOT sending their child to college can seem like a parenting failure. It may be time to rethink the idea of success.
The people at Online Colleges and Universities have published this info-graph about the cost of college in America. Over the next few weeks, we will look at the pros and cons of college after high school.
By Melissa Kennedy
Melissa Kennedy is a freelance writer, volunteer, parent and jobseeker
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