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Work, School, & Money Employment, education, and entrepreneurship, as well as investment and insurance

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Old 09-02-2007, 11:43 AM   #1
Wise Young
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Seven things to do in college

I don't know that they are deadly sins but they seem to be reasonable advice. Note that I teach at a University. I summarized them. I hesitated over the one that says take only what you must take. It is actually good advice if you are short of money.

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The 7 Deadly Sins of College Spending

Save money for college

Imagine saving tons of money each semester, buying whatever it is you really want, and being able to avoid the “poor college student” lifestyle. Avoid these deadly sins and you’re on your way.
http://ravivora.com/blog/the-7-deadl...llege-spending
  1. Buy books online. It is cheaper.
  2. Buy books after the first week, after you find out which ones are really needed.
  3. Don't drive in college. It costs a lot more than it is worth. Stay close. Ride a bike or walk.
  4. Take only what you have to take.
  5. Sign up early for all the classes you want.
  6. Sign up for as many classes as you can take. You can always drop them.
  7. Get a laptop.
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Old 09-02-2007, 04:10 PM   #2
NEWPARA
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Sounds real good for someone thats got a great paying job already ,but then why the hell would they need school???I mean come on this is unrealalistic to say the least.
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Old 09-02-2007, 04:13 PM   #3
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How does it not make sense? Worked for me.
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Old 09-02-2007, 09:13 PM   #4
Wise Young
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Quote:
Originally Posted by NEWPARA
Sounds real good for someone thats got a great paying job already ,but then why the hell would they need school???I mean come on this is unrealalistic to say the least.
College education increases your value and how much you can earn. On average, a person with a high school degree has a life-time earning potential of about a $1.2 million dollars, an associates degree about $1.6 million, and a bachelor's degree $2.1 million (Source). I think that these numbers are already out of date, since they were from 2002 but the difference between high school and college is similar... You basically earn twice as much as a high school graduate, about a million more dollars. The cost of college is about $50,000.

There are other benefits of college besides greater earning potential. First and foremost, you have greater freedom to choose what you want to do and where you want to do it. Second, colleage graduates have a higher quality of life by almost every measure, even excluding the influence of money. Third, people with disability particularly are better off with college education.

Finally, education itself improves cognitive and expressive skills. It is not just a piece of paper. Many studies have shown significant increases in scores of all types of achievement tests after 2 or 4 years of college, and these increases are maintained, compared to those that do not go to college.

College education is not only for you but for the society. You contribute more to the soceity, to productivity of the nation, and less reliance on governmental support. That is of course why governemnts and foundations all are supporting higher education.

College is, however, not for everybody. The education is most useful for highly motivated, hardworking, and intelligent students. Dropping out also appears to be deleterious the student. Students that drop out of 4-year colleges do not do as well as people who get an Associate's degree.

So, for those who don't think that they will do well in college, they should go to a 2-year college. if they do well and really like it, they can always go on to a 4-year college. For those who think that they will do well in a 4-year college, they should go.

Wise.
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Old 09-22-2007, 12:32 AM   #5
Sue Pendleton
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Wise, Numbers 4 and 6 cancel each other out.

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Courage doesn't always roar. Sometimes courage is the quiet voice at the end of the day saying, "I will try again tomorrow."

Disclaimer: Answers, suggestions, and/or comments do not constitute medical advice expressed or implied and are based solely on my experiences as a SCI patient. Please consult your attending physician for medical advise and treatment. In the event of a medical emergency please call 911.
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Old 09-22-2007, 04:23 AM   #6
Foolish Old
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Wise,

You make an excellent point that college is about more than preparation to be a higher wage earner. It is a time for young people to try on different coats and see which one they deem the best fit and style. It's a time to take risks, make mistakes, learn about life, sex, love, fraternity, politics, science, art, music, philosophy... and one's self. It's regrettable that some students go through college with blinders to anything that does not advance their career aspirations, and that some others rarely stop the party to open a book. Academic success and active participation in extra-curricular activities are not incompatible. I graduated with high honors - gave a commencement speech. Most nights I closed the funky soul bar across the street. I also aced all my early morning classes.

The increased earning power is only a number to plug into the spreadsheet that produces the $acred bottom line. Much of the true worth of college is difficult to quantify.
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Last edited by Foolish Old; 09-22-2007 at 04:33 AM.
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Old 09-22-2007, 04:47 AM   #7
cypresss
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Wise,

please tell us how do you manage information that you read over internet/books.

thx in advance
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