Comments on: How College Cost Me $1.6 Million

By: Investing & Passive

Investing & Passive — Mon, 17 Mar 2008 01:49:57 +0000

I think spending 70k on an education in the 80s was incredibly expensive. probably worth 150k today.

I’m sure you could’ve spent only 35k and still had $800k today!

By: Deborah

Deborah — Thu, 28 Feb 2008 05:10:26 +0000

I was in my last year of high school had about $25-30k for losing something money can’t replace as well….

By: DR

DR — Wed, 23 Jan 2008 03:00:56 +0000

Sofee, I don’t regret going to college at all. But there is a cost, and education isn’t priceless (as important as it is). Good luck!

By: Ivan

Ivan — Tue, 22 Jan 2008 17:50:50 +0000

The author couldn’t have known in 1979 that the S&P 500 was going to return 12% yearly. The S&P 500 could have very well returned 3% yearly, barely making up for inflation. In 1979, the future did not look that bright.

Education, on the other hand, is a sure thing (although some people, rather few, manage to blow it even with a college degree).

By: Sofee

Sofee — Tue, 22 Jan 2008 14:52:32 +0000

This questions interests me as I am soon to be knee high in school debt. I am 24, a receptionist and have 2 years of college. I am going to go back to school full time, and don’t want to stop until I have a masters in Speech Pathology. It is my pleasure to get in debt for this purpose. I’ll get back to you in 20 years, my tune may have changed. But what am I to do!

By: josoft

josoft — Tue, 22 Jan 2008 04:47:56 +0000

With the many ways to finance a college education, such military service, scholarships, and grants, why is everyone getting into debt?

By: Carnival of Money Stories Edition 23/24 « Carnival of Money Stories - Read About Personal Finance

Wed, 05 Sep 2007 14:03:08 +0000

[...] Dough Roller shares How College Cost Him $1.6 Million. [...]

By: Matt

Matt — Thu, 23 Aug 2007 20:35:13 +0000

I’m $30k in debt from my college education but I believe it’s been worth it – more from the point of view of the extra-curricular activities I got involved in, the friends I’ve made and the experiences I’ve had as opposed to the actual education itself.

By: plonkee

plonkee — Thu, 23 Aug 2007 11:11:48 +0000

My education was worth the money I spent on it. I’m not cut out to be an entrepreneur and I like the job that I do, which requires a degree.

If I hadn’t gone to university, I think that I wouldn’t be as happy now, and that’s important to me.