News for hackers. Stuff that matters.
Re:Gov Parson pushes to prosecute reporter who found securit... by jcims on Thursday October 21, 2021 @01:41PM (#28948120)
$120k sitting in a fund earning 5% a year for 30 years will be worth $518k.
Re:Gov Parson pushes to prosecute reporter who found securit... by rndgermandude on Thursday October 21, 2021 @01:49PM (#28948264)
Sure, and taking out loans for the $100K - $200K you need for college will also cost you more in the end, once you consider interest.

The thing tho is that people who do not go to college quite often do not have $120K just laying around to invest for 30+ years. In fact a lot of people who go to college (or their parents) do not have that kind of money lying around either.

And let's not forget that the people who do go to college and get that additional $500K can invest that additional $500K as well. Not as a lump sum either, of course.