When I graduated from high school I was determined to be good with my money, to avoid unnecessary debt. I was NOT going to get a credit card and planned to work to get myself through college. Unfortunately I graduated from college 5 years later with about $45,000 of student loans and 6,000. It wasn’t…
The cost of a college education has skyrocketed from the last generation to the current one. According to the National Center for Education Statistics, in 1985, the average cost to finish school at a 4-year college, including tuition, fees, and room and board expenses, was $12,274 (adjusted for inflation; the actual average cost then was…
Several years ago when my wife and I were preparing for our oldest child to go to school, we handpicked a nice K-12 private school that provided a great learning environment where moral and religious values aligned with ours were instilled right alongside a solid secular education. So that we’d have better access to the…
The average debt load for a graduating medical student coming out of medical school is about $200,000. That number comes from a report submitted by the Association of American Medical Colleges (AAMC) to Congress in June, 2019. That report, entitled, The Doctor is Out. Rising Student Loan Debt and the Decline of the Small Medical…
Prosperopedia.com’s mission is to provide resources and guidance to our visitors that will help them make good educational and financial decisions. In keeping with that mission, this article about Udacity introduces their Nanodegree opportunities as a way to improve earning potential through “nano”-sized learning models that are the future of technology education. Education is changing….
Nearly two decades ago I visited my wife’s family in Texas to propose to her. The vetting process for her family involved finding out about my plans for college and career. I remember staying up until four o’clock in the morning debating with her grandpa this question: Is college necessary? His argument was unequivocally this:…