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Is the cost of a high ranking university worth it in todays job market

Some Universities will cost families over 200,000. Loans based on this could take 10-20 years to repay. yet many students come out of college without great opportunities.

#expensive
#college-admissions #college #job-market


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Taylor’s Answer

Hi Nicolas, thanks for submitting a question! This is not an easy question to answer, but I've found some articles that will hopefully help you decide if it's worth it for you:

https://www.investopedia.com/articles/personal-finance/112815/ivy-league-degree-worth-it.asp


Make sure to read all the way down to the results and bottom line sections. Even though this article may say it's not worth it, this is just one opinion. Here's another article that has a different perspective:

https://www.forbes.com/sites/moiraforbes/2013/08/15/does-an-ivy-league-diploma-still-matter/#6b74c2c8744c


In the end, I think it's dependent on your major and what your dream job is. I'd research on LinkedIn some of the jobs you're interested in and see where some of them went to school. This is a hard decision to make, but in the end, if you go to college, develop your skills, and learn your field, I think you'll be able to get a job wherever you desire.


Hope this helps and best of luck to you!


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Sarah’s Answer

Hi there! It is a great question - I would say try to find the best education option that costs the least. If you are dedicated and work hard, you can excel in your career having gone to any undergraduate program. However - if you are looking to go in to a highly specialized field, then you may need to consider which schools have the best outcomes for their students in terms of job placement and decide based on costs from there. You can ask that question to the admissions officers, and they should be able to tell you what their rates of student employment are post graduation. Also - don't be afraid to work part-time jobs to help cover costs while you are in school - I recently saw a study that suggested students with a few hours a week job in college actually did better academically than those who did not have one. I hope that helps - you can do this!


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