On average, skipping college and investing tuition costs nets a higher return

Re:On average, skipping college and investing tuition costs ... by bluGill on Monday June 05, 2017 @11:18AM (#14488196)

I think the degree should be security for the loan. You can discharge your degree in bankruptcy, but you also lose the degree. Your resume legally has to show a blank spot that you cannot explain as anything other than wasting your time. (or possibly working part time if you had a job).

Want a new degree, your credits won't transfer so you start over as a freshman. (if you can get in - school is competitive and the bankruptcy is sitting there on your record)

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Re:On average, skipping college and investing tuition costs ... by prostoalex on Monday June 05, 2017 @12:56PM (#14489131)

A very significant portion of college entrants do not receive a degree.

https://nces.ed.gov/fastfacts/display.asp?id=40

"The 6-year graduation rate was 58 percent at public institutions, 65 percent at private nonprofit institutions, and 27 percent at private for-profit institutions."

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