I recently saw an article that asked this question: What if students were able to invest their student loan payments towards retirement, instead of paying off the loans with that money?
But a college loan is supposed to be an investment.
Articles tagged as
student loans
Are We Rewarding Behavior That Should Be Discouraged?
Are we rewarding behavior that should be discouraged? Mike Rowe is on a book tour. His new book is “The Way I Heard It”. Recently he made an appearance on Fox Business. There he took a question from the host about his thoughts on federal student loan debt. Being the person he is, this is … Read more
Beware the Educational Industrial Complex
President Dwight Eisenhower’s 1961 Farewell Address remains consequential. A five-star general, Ike warned of the dangers of the Military-Industrial Complex—an informal alliance between our military and business establishments.
“Want fries with that?” is not in the working vocab for these graduates.
From Business Insider (via BroBible) comes this list of what some college BA / BS grads can expect:
| Median | ||
| Position | Starting Salary | Mid-career Salary |
| Statistics | $49,300 | $99,500 |
| Computer Science | $58,400 | $100,000 |
| Applied Mathematics | $50,800 | $102,000 |
| Computer Engineering | $62,700 | $100,500 |
| Electrical Engineering | $63,400 | $106,000 |
| Nuclear Engineering | $66,800 | $107,000 |
| Chemical Engineering | $67,500 | $111,000 |
| 3. Actuarial Mathematics | $56,100 | $112,000 |
| 2. Aerospace Engineering | $62,500 | $118,000 |
| 1. Petroleum Engineering | $98,000 | $163,000 |
All depend on mathematics and engineering skills (STEM) – arcane “studies” grads are not going to get these types of compensatory rewards. Unless you are a genius, you will work hard, often very hard, to get that degree. But you will have a marketable skill. On the other hand…