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5610 Ward Road, Suite 300 Arvada, CO 80002

9200 E. Mineral Avenue Centennial, CO 80112

 

Phone:  303-252-0852

 

Website: www.walshfinancialsolutions.com

March/April 2018

Is College Worth the Cost?

Is College Worth the Cost

That’s the question some people are asking as the cost of college — and college debt — continues to rise. The Consumer Financial Protection Bureau found that the percentage of borrowers with $20,000 or more in student debt doubled over the last decade.


College Graduates Make More


According to the Department of Labor’s Bureau of Labor Statistics Americans with only a high school education earn about half of what those with a bachelor’s degree make. College graduates also have half the unemployment rate of those with only a high school diploma.


Statistics, however, can drown out the exceptions. Understand that each person’s path to a future career is different. A licensed electrician may make more than a social worker with a college degree, and college debt differs widely from region to region. Know the numbers and talk it over with family before making any decision.


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Advisory Services offered through Walsh Financial Solutions or Vanderbilt Advisory Services. Securities offered through Vanderbilt Securities, LLC. Member FINRA, SIPC. Registered with MSRB. Walsh Financial Solutions and Vanderbilt Securities, LLC are separate and unaffiliated entities. Clearing agent: Fidelity Clearing & Custody Solutions. Insurance Services offered through Vanderbilt Insurance and other agencies. Supervising Office: 125 Froehlich Farm Blvd, Woodbury, NY 11797 631-845-5100
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