Disclaimer: Good Day, Readers. The WealthBuildingPowers blog is a financial literacy and competency blog, and it does not provide specific investment recommendations. Prefer audio - click below. First Question The first question: Do you need to attend a four-year college? Many people complete college, and their job prospects are often similar to those of a high school graduate. Others drop out, saddled with tens of thousands of dollars in debt and nothing else to show for ...
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I worry about the younger generation facing mounting college loan debt. Many failed to earn a degree, or worse, graduated with an almost meaningless piece of paper that yields jobs paying less than Amazon warehouse employees..
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40% of those who start college don't finish and that 40% of the recent college graduates work in jobs not requiring a degree.
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NEW CARS VERSUS A HUGE JUMP IN YOUR NET-WORTH I often hear or read similar below comments: I have $80,000 in college loans that are killing me. Backbreaking DEBT! I cannot afford to contribute to my 401K.I will never be able to retire.Life is unfair!I just purchased a brand new Porsche! 718 Cayman Porsche - Is It Worth It? Wait one minute - did you just say, you owe $80,000 in college loans; contribute $0 ...
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