The stats are clear, on average, a college degree means more money. So, if you plan on being average, college is by far your best path.
I've wrestled with this issue as I considered guidance for my 17 year old step-daughter. Being a serial entrepreneur, my instincts are to tell her not to waste a single second of her time on college and to jump right into business. This drove her mother crazy.
I have since tempered my advice; I now recommend she get a two year degree in business administration and then decide if she wants to continue with her education. During the two years she will be working 20 hours a week with me. She's actually been working in the business since she was 11, but now she's going to take a more active role.
I think this is a good compromise that will allow her to put eggs into two separate baskets - securing her a level no lower than average.
What finally changed my mind?
Read entire article:
http://businessgarage.com/blog/2007/05/ ... th-it.html
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