If you invest $40,000, $50,000 or even twice that, plus 4 to 5 years of your time, into a college degree, people say, “good job!” In fact, everyone from the president on down encourages people to do that. The theory is that this will prepare you for a brighter future.
While this college degree doesn’t guarantee you a four-bedroom home in the suburbs, the average college graduate earns significantly more than the average person with only a high school diploma. Everyone recognizes that a few years of sacrifice has the potential to bring big returns in the future. We do many things that don’t pay now in the hopes that they will pay off eventually.
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