My daughter graduated high school in 2015, college earlier this year. Her peers that attend 4 year colleges are entering their junior year and are now, on average, $30,000 in debt. That number will continue to increase at the same rate or faster over the next two years. My daughter has zero debt and supports herself with her first entry level position.
Do I sound a little snarky? Yes, yes I do. I received a LOT of criticism for encouraging her to obtain a professional certificate over a bachelor’s degree. A LOT. And it takes nothing away from those kids getting their bachelor’s to point out that she is already living and working in the adult world, accumulating skills for her next goal and beholden to NO loan holders. She can start building her credit from 0, rather than -30,000.
Are there kids out there trying to accomplish their dreams? Absolutely, and I wish them the best fortune possible. Are they, along with their less ambitious but no less educated peers, going to be in fierce competition for a level of employment that can’t accommodate them all? Also yes. Are a ridiculous number of them going to be working two or three entry-level jobs (that require no degree) at the same time just so they can make payments on their student loans? Also yes.
I am so sick of this pervasive and pernicious idea that dreams are ALL that matter. That one’s personal happiness rests entirely on the idea that they ONLY do what they love. I love to eat, and sleep under a roof. And not spend my days stressing about my credit score and how I’m going to pay for an emergency medical expense. There is more than one way to accomplish one’s dreams, and the idea that mortgaging your soul to a bank, or risking a basic standard of living to achieve them is… well, it’s just foolish and naive and downright harmful in some instances.
Not to mention the fact that my life fell apart in such a way that I would not have been able to help my kid in any way if she’d needed it during or after her last two years at college. And given the number of college graduates living at home, she definitely would have needed it. At this point, she’s the one helping me, who doesn’t have a choice but to incur student debt to achieve the same basic level of education that she was able to get for free, because we utilized the resources available to us at the right time.
So yeah, I’m feeling a bit snarky. And ridiculously proud.