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There are myriad ways to pay for an education. Walk into any Barnes & Noble or Borders bookstore and you’ll find book after book about how to save for college. If you are reeling from the reality of all this and you’re too dizzy to drive, simply go online. You’ll find some worthwhile sites to assist you.

Head still swimming from the costs involved in a college education? Keep this in mind, Scrooge. According to people who do this number-crunching for a living, on average, people with a Bachelor’s degree earn more than 62 percent than those with a high school diploma. According to people who do this number-crunching for a living, on average, people with a Bachelor’s degree earn at least 62 percent more than those with a high school diploma. That’s right: one million dollars. Is it worth it? You tell me.

Higher education is aptly named because that’s exactly where the costs keep going: higher. But you’ll be in good shape if you do your due diligence, contribute regularly, and give yourself plenty of time.

On second thought, maybe you should call your financial advisor from the delivery room.

c. 2007, David George
From Good Dad, Bad Dad: Do’s and Don’ts from the Trenches, Alpha Books, published by the Penguin Group

Author of Good Dad, Bad Dad: Do’s and Don’ts from the Trenches, David George is an award-winning advertising copywriter who lives in The O.C. with his wife, Maureen and their two boys, Cain and Abel – er – Zachary and Alex.


   
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Wednesday, January 7, 2009