<p>It seems there is far too much emphasis on the absolute need for a college education. I have seen interviews with kids who have received a degree, but find themselves happy working as hair stylists or carpenters.</p>
<p>Several schools have now passed the $50k mark in annual tuition and fees. That happens to be the approximate median income of the average U.S. household. Add another $10k annually for room and board. When it costs $250k for a 4 year degree, can the fabled lifetime earnings gap of $1 million for those earning college vs. high school degrees remain valid?</p>
<p>Parents would do well to guide their kids to happiness and prosperity, which is not an automatic guarantee with a college degree.</p>
<p>Bill</p>
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