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Will college put you into debt?

Is college really worth it if people are still paying things off even when they’re in their 50s?

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renee’s Answer

I went to nursing college and graduated in 2009. It is now 2024 and it took me all those years to pay off my college loans. But it was extremely worth it! Why? Because now I am a nurse and I get to help people. I get to do the work that I went to college for. I wouldn't have changed a thing.
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Andrew’s Answer

Audrey,

I would say yes. Do some research on what jobs/degree you are interested in.

- Without a college degree, you have less earning potential and are less competitive when doing interviews. (College graduates earn an average of $78,000, a 75% wage premium over the average $45,000 annual earnings for workers with only a high school diploma.)
- At college, you are exposed to new ideas and it will help you learn more about your interests/potential job after graduating.
- Look for scholarships and/or take out loans as needed.
- You can consider trade schools such as beauty or nursing as a less expensive alternative.
- You can go to a community college first then transfer to a better college to save money.

Pros vs Cons article: https://college-education.procon.org/
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