From the course: Evaluating College as an Investment
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Evaluating the investment
From the course: Evaluating College as an Investment
Evaluating the investment
- Alright, so let's get into some action steps. First look up the career you're interested in and try to find the average salary. So if you want to become a software engineer, look up the average salary in software engineering. You can Google this, like Glassdoor is an awesome resource for this, so go check that out. Once you figure out that average salary, I want you to look up the college you're interested in attending and really see if those two numbers make sense. So if the average salary of a teacher, let's say, is $40,000, and it's going to cost you $80,000 to go to college, the next question you need to ask yourself is, is it worth it? Is it worth it for me to spend $80,000 to end up with a $40,000 job? How long do I think it's going to take me to pay that off? If you go back to that first module, you can download that student loan calculator again and see what your monthly payment would be based on how much you…
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