Young and in debt

It’s articles like this that make me wonder how kids are making ends meet these days, especially here in the Bay Area where housing is so expensive. I saw something else which said a mortgage on a median house here would cost about %70 of a median salary. That’s crazy.

I hope I can provide Lucas a cushion so that he can through college and then some. But I honestly wonder whether college is worth it anymore. Spending $100-200k+ to go to college if you want to be a writer making $50k/year just doesn’t seem that valuable. It feels like you’d be better off saving that money and honing your skills elsewhere. The more technical professions benefit a bit more from a traditional 4 year degree. I think the only career where you have to go to college is if you want to stay in academics.

The technical colleges and for-profit schools have a pretty bright future, I suspect. Maybe I’ll buy some University of Phoenix stock.

1 Comment »

  1. Tim Chen Said,

    March 14, 2007 @ 3:49 am

    2 words Habuchan:

    Home School

Leave a Comment