When college is treated as an investment, you can evaluate the return on that investment. In this video, learn how to calculate the return on your college 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 think you'll need in student loans …
This course was created by WealthFit. We are pleased to host this content in our library.
Skill Level Beginner
Recovering from a Financial Setbackwith Jane Barratt38m 11s Intermediate
Financial Basics Everyone Should Knowwith Michael McDonald1h 17m Intermediate
Why graduate debt free2m 8s
1. The Perfect Career for You
2. Interviewing Experts
3. Utilizing Scholarships
4. Becoming a Student Investor
- Mark as unwatched
- Mark all as unwatched
Are you sure you want to mark all the videos in this course as unwatched?
This will not affect your course history, your reports, or your certificates of completion for this course.Cancel
Take notes with your new membership!
Type in the entry box, then click Enter to save your note.
1:30Press on any video thumbnail to jump immediately to the timecode shown.
Notes are saved with you account but can also be exported as plain text, MS Word, PDF, Google Doc, or Evernote.