Money Mastermind Show: Personal Finance | Investing | Retirement | Entrepreneurship

Our second show sees the Money Mastermind crew head back to school.  We debate what the value is of a university/college education is in today’s modern economy.  Discussion takes us from trying to quantify the return on investment offered by many post-secondary education options, to how college/university has evolved over the past few decades. We also talk about a few alternatives. https://moneymastermindshow.com/episode2-is-getting-a-college-degree-worth-it/ Some important points made in this episode: Average debt of 2014 U.S.four-year grad $33,000, more than $1 trillion outstanding Average debt in Canada $26,000 The cost of university per student has risen by almost five times the rate of inflation since 1983, and graduate salaries have been flat for much of the past decade Do colleges and universities post scientifically accurate numbers when quoting earnings figures relative to other education levels? Is there an imbalance between theory-based educations (traditional 4-year degrees) and more skill-based