FYI: YES, EDUCATION is invaluable. But should young adults go to college to obtain a piece of paper that may mean little in the real world? Is the student debt we hear so much about really worth it? Could pushing college attendance for all be as misguided as pushing homeownership for all?
I’m not against formal education. I put four children through college. In fact, I believe parents are obligated to cover their children’s college costs, assuming they have the financial wherewithal to do so. That doesn’t mean they should pay college costs at the expense of retirement savings—but it may mean delaying the purchase of a new RV. Parents also have a duty to guide their 18-year-old’s college decision. I don’t see a child turning 18 as the signal that parents are done parenting.
Regards,
Ted
https://humbledollar.com/2019/08/matter-of-degree/
