Is college a waste of money? You could use all that money as downpayment for a home instead.?

Question

Is college a waste of money? You could use all that money as downpayment for a home instead.?

Answer 1

College is only a waste of money if you waste your time there.  If you use it as you should you will end up with an education which will allow you to not only buy that house, but keep paying the mortgage for it.  It is highly unlikely you will be able to get a job which allows you to keep paying for the house and supporting your family with only a high school education.

Answer 2

Yes and NO

Depending on the person and the circumstances.

If you do not know what you want to do you may spend many years getting a degree which gives you no happiness.

Some people live better lives without ever having been to college, It depends on their personal ablities and desires.

If you know you want to be a Dr a Lawyer or any thing that requires a masters you need to go to college.

Answer 3

then where would you get the monet to pay mortgage, taxes, insurance ? just what ive been told a higher learning means a higher pay... unless you get lucky and score a great paying entry level job then go for it.

Answer 4

well think about it, the POINT of college is so you can get an education and a good job.. if you choose not to, feel free to use all that money as a down payment but your going to need a good job to continue to be able to provide the nessasities while still being able to afford your house..

good luck.

personally i wouldnt brush college off that lightly, its very important.

Answer 5

Nope. Look at me, 25 with a high school diploma and working c**p jobs, its very tough without a college degree to move up in the world. But you have to pick a useful major to get hired after college. I know some people can make it without college but they're sort of rare. I'm quitting my job to go to college full-time and get my 4 year degree.