Re:College May Not Be Worth It Anymore
by VikingCoder on Thursday May 17, 2018 @01:58PM
(#17093711)
I don't think most college grads know what it's like to be born to parents who aren't well off.
I'm leaning heavily on "most" here.
I don't think $100k in S&P 500 at 18 provides you with enough income at 22 and on. If you $100k in S&P 500 at birth or sooner, maybe.
Also, yes, if everyone in the country owned enough S&P 500 to get by, then... No, that wouldn't really work, would it? :)
Are you sure? $100k in college vs. $100k in S&P 500 ..I think the it's about the same. The grad starts with a -100k deficit (i'm assuming graduate school is included). The Aristocracy perpetuates itself through inheritance. I don't think most college grads, even with the wage premium, feel like aristocrats.