As I sat on the number two train during my daily commute to Adelphi University, counting the change I had left in my wallet for a cup of noodle soup, my cell phone rang.
It was another incessant call from Sallie Mae that I choose to ignore. I knew what they wanted.
But as an unemployed Junior at Adelphi, questioning the decision on the necessity of a college education, I had nothing to offer my loan sharks.
I am not the first nor will I be the last student who has second guessed the worth of a college degree.
In the past three years I have only seen the cost of tuition steadily climb. Although grants, scholarships, and financial assistance are available, seeking alternative loans (private loans) have become a burdensome necessity.
Sure parents and educators will wave the banner stating 'education pays', but I advise anyone thinking about a four year college education to be wary and cautious.
"The problem is that the conventional wisdom - a college education will pay off - isn't a guarantee in an economy with high unemployment and starting salaries that are insufficient to service the monthly student loan payments many people are taking on." Washington Post
Before venturing into the unknown, do your research on the exact cost of college you wish to attend and how much you or/and your parent will be able to afford.
Question whether the major you are choosing now will be rewarding in the future.
These small steps may save you and your wallet.
