College makes no sense for the vast majority of the population. $61k is absurd and if you’re taking out loans to do it, sets you back years. I’ll continue to say that both my daughters will be welders or go open an HVAC company or something like that.
Not sure I agree on vast majority (That indicates 95% which is not correct, it's not even 80%). I work in an industry (wealth management) where over 90% of all employees have college degrees. 4 of the last 20 I hired did not have a degree, 1 made but she was unique in that she had 7 years of role specific experience. In my eyes that's worth far more than a masters in predicting a successful outcome. I even got push back on hiring her, and she's probably the best newhire in the past 2 years.
The US puts way too much emphasis on college and should put way more resources into apprenticeships. HVAC, Welder, Electrician, Elevator Mechanic/Installer, Aircraft mechanics, Boilermaker. It would nice if in highschool similar to Germany, you set kids on a path. Choice is needed but commitment is important too. Speciality training schools if a kid commits at 18 often are far more effective than traditional college.
My goal is to pay for whatever training or 4 year education my kid wants and go into with a plan. So total cost of TCU will now be 300K+. In 10 years it will be at least 400k with every low increases, likely higher.