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If you had the money, would you go to college and get the degree of your choice or buy a condo in a location you desire?
If I had alot of money, I would get the condo. At least I can run a home based business. What can you get with a college degree? Maybe a piece of paper which you can blow your nose with. There are lots of people that have degrees but they are out of work and having trouble getting a job.
There is no way to answer this question in a vacuum. In fact, I have lots of follow-up questions.
Do you mean get your first college degree, or go back and get a second one in a field that interests you? And what do you mean by "had the money"? Is that all the money you have, or do you have a bunch of other assets? What are they? Why can't you run a home based business out of an apartment? What's the unemployment rate of college degree holders vs non-degree holders? Why are you treating all degrees the same? And so on and so on....
College degree, even in a fantasy scenario where a condo costs the same. A degree qualifies me to obtain higher qualifications (CPA) in my field (accounting/tax). Condo would limit my mobility and requires costs in the form of HOA fees, property taxes, and maintenance.
If you had the money, would you go to college and get the degree of your choice or buy a condo in a location you desire?
If I had alot of money, I would get the condo. At least I can run a home based business. What can you get with a college degree? Maybe a piece of paper which you can blow your nose with. There are lots of people that have degrees but they are out of work and having trouble getting a job.
If someone wants to be a lawyer, doctor, teacher... of course college degree.
If you hate learning and have zero interest in academic stuff, it may be good to start a business soon.
If you had the money, would you go to college and get the degree of your choice or buy a condo in a location you desire?
If I had alot of money, I would get the condo. At least I can run a home based business. What can you get with a college degree? Maybe a piece of paper which you can blow your nose with. There are lots of people that have degrees but they are out of work and having trouble getting a job.
Depends..how old are you? in your 20s or in your 60s?
Good point about age. Assuming you're not at or near the point of retirement (where a degree could be fun, but isn't going to pay off from a financial point of view), then the degree is going to give you a whole lot more earning power in your future.
That said, no reason to spend a fortune on a degree. And if you hate or are terrible at school maybe focus on options other than the traditional four-year degree route.
I'd have no interest in owning a CON-DO aka glorified apartment.
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