Originally Posted by
acs020
I strategicly went into 55k worth of college debt. I did so for the time value of money argument..I made my decision so I would appear more attractive to my future employer sooner. I'm 10 years younger than the average new hire and have already paid that debt off with and will have a massive return on that initial investment. (That ten year gap will garner well over 1.5 million before interest and tax free retirement savings and before profit sharing).That's the way students of any degree concerned about making money should approach financing college. What is the average/potential ROI on this investment (my education)...maybe the recruiters see a quality in an applicant for forward thinking manifesting itself in investing wisely in oneself...just a guess....I don't really know
You did it to work in the system. That doesn't mean the system is right.
Another thing it did was subtract 4 years you could have been working for whatever airline you are working for.
In the past I get it that it was a way to separate candidates. But the cost of both book learning school and flight school have got so out of hand it's crazy.
Not to sound to "old school" but back in my day I got a college degree and a multi commercial for a fraction of the cost of what it cost today even adjusted for inflation. I'm not talking the 1970's either. It is just so out of hand requiring both is crazy.
But hey what do I know.