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62 votes
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How can a high school student value a possible degree?

college is valuable even if we don't get a high income Absolutely! Any education is valuable in some way. Not all are valuable economically, though. A degree in sociology that enables you to work in ...
D Stanley's user avatar
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31 votes
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What are things to think about when paying for/taking out a loan for graduate school?

This is primarily opinion based but will answer some factual parts of your question. Aren't there always risks with debt/spending money? Of course. People plan all types of contingencies but ...
Pete B.'s user avatar
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18 votes

How can a high school student value a possible degree?

Great question. The first thing one needs to realize is that college education and high student loans are independent of one another. One can obtain a degree with little or no debt (and no help from ...
Pete B.'s user avatar
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12 votes
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Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.?

Money is a means to an end. If your goal is to live a happy life, then investing in things that make you happy in the long term is a good investment. But that long term is relevant. Buying nice food ...
amon's user avatar
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11 votes

How can a high school student value a possible degree?

"It depends" would be an understatement, because "It really, really depends." We all know people that never went to college that are very financially successful and we also all know people that went ...
TTT's user avatar
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9 votes
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Can you claim books as a business expense?

Assuming you are in the US, based on some things you have said. If you were self-employed, then expensing books related to your business is a no-brainer and would not cause you any problems with the ...
farnsy's user avatar
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9 votes

Is an academic career financially feasible for me?

This is a difficult question to answer. To address the specific points of your question: I'm a nontraditional student interested in pursuing an academic career in the humanities. If you were already ...
0xFEE1DEAD's user avatar
  • 8,498
9 votes

Should I follow Robert Kiyosaki's advice and drop out of college?

Dropping out of school may or may not be the right move for you, but don’t base your decision solely on on a tweet, or even a book. Robert Kiyosaki likes to make points by saying shocking things and ...
Ben Miller's user avatar
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8 votes
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Is Rich Dad Cashflow 202 the new version of Rich Dad Cashflow 101?

Cashflow is a board game developed by Robert Kiyosaki designed to teach people how to become rich based on the advice in his Rich Dad, Poor Dad books. Cashflow 101 is the original game. Cashflow 202 ...
Ben Miller's user avatar
  • 116k
7 votes

How can a high school student value a possible degree?

I think there are a number of good answers to this already, and they make some good points. But I think you are also asking a question that does not have a single answer and cannot be directly ...
Nicholas's user avatar
  • 2,871
7 votes

Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.?

No. Investing in education and a sustainable life is not a good alternative to investing in financial assets. A key maxim of investing is "don't put all your eggs in one basket". Formally, ...
Chris W. Rea's user avatar
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6 votes

What are things to think about when paying for/taking out a loan for graduate school?

People always say it's worth it to spend $/take out a loan for an education because it's invaluable or will pay off in the end. You are right to be skeptical of this advice. But isn't this kind ...
quid's user avatar
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5 votes

Am I a dependent or can I claim an exemption for myself?

Sounds like your parents can claim you as a dependent. The test isn't if they provided 50% of your support, but that you didn't provide more than 50% of your own support. The instructions for Form ...
Hart CO's user avatar
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4 votes

What are things to think about when paying for/taking out a loan for graduate school?

If you're paying for (out of savings or via a loan) a graduate degree in math or a related subject, rather than getting paid to do it, you're being conned. The norm for these kinds of programs (always ...
R.. GitHub STOP HELPING ICE's user avatar
4 votes

How can a high school student value a possible degree?

I've always heard that student loans were justifiable debt, yet a few of these replies state otherwise. Only a Sith deals in absolutes. Nothing is guaranteed by taking out a student loan. You ...
Christopher's user avatar
4 votes

Is a technical Masters degree in a high-paying employable field worth it?

Rule of thumb: in the USA, a student who's qualified doesn't pay (other than time and effort) to receive a graduate level degree. (This does not consider "professional" degrees such as JD, MD, OD, ...
Ben Voigt's user avatar
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3 votes

How can a high school student value a possible degree?

It depends on when you achieve that 75k income also. Are you graduating with a bachelor's into a field where ~75k jobs are reasonably available to new grads? Or is that 75k job after 10+ years of ...
red_squiggly_line's user avatar
3 votes

Does the proposed tax reform make it so that you have to pay taxes on scholarships?

The article you sited has been highly edited (though it isn't clear if the edits occurred before or after your question was posted). The general consensus is: No, scholarships would be not be ...
TTT's user avatar
  • 47.2k
3 votes

Are the education credits given on your taxes based on the amount of your expense, or is it a base amount of credit no matter your expenses?

In the united states qualified institutions of higher education should give the student a 1098-t. This form breaks down all money received/billed and for tuition and scholarships. It would not ...
mhoran_psprep's user avatar
3 votes
Accepted

Is a technical Masters degree in a high-paying employable field worth it?

You are ignoring that a degree opens the door to significantly higher salary, interesting jobs, international travel, etc. Money is not the only consideration, some people would find it boring to ...
Aganju's user avatar
  • 37.7k
3 votes

Is it possible to refund semester fees via income tax return in Germany?

Disclaimer: I am not a tax consultant, so I can not provide any personal tax advise. So this is a layman interpretation which might not be factually accurate or which glosses over details which might ...
Philipp's user avatar
  • 24k
3 votes

Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.?

Those things related to economics are integral to humanity. Ignore it at your peril. Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.? (...
RonJohn's user avatar
  • 50.7k
3 votes

Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.?

There are some basic misconceptions here. First, gold is not an investment, it is at best a storehouse of value (against your currency inflating, or political events destroying its worth). At worst, ...
jamesqf's user avatar
  • 11.1k
3 votes

Is investing in education and a sustainable life a good alternative to investing in stocks, gold, land etc.?

I felt like you did for a long time in terms of focusing on my education, profession, and not having much interest in financial markets, etc. Soon I learned that I need to expand the definition of my ...
Y. Eman's user avatar
  • 25
3 votes

Is an academic career financially feasible for me?

As was pointed out on your question on Academia SE, regardless of financial considerations, if you are unwilling to relocate it is going to be difficult to pursue an academic career, period. ...
BrenBarn's user avatar
  • 24k
3 votes

Should I follow Robert Kiyosaki's advice and drop out of college?

According to the Bureau of Labor Statistics, Americans with college degrees earn more than 50% more than those without and have healthier lifestyles. Now if you're somehow clever enough to buck those ...
Bob Baerker's user avatar
  • 76.8k
3 votes

Should I follow Robert Kiyosaki's advice and drop out of college?

MOST college degrees are utterly, totally, completely, laughably, fully, worthless. If you spend four years and major in "history" or "psychology" with minors in clichés like set ...
Fattie's user avatar
  • 13.8k
3 votes

Is it legal for a college to ask for your 12-month bank transaction history?

To get the lower in-state rates you need to prove residence in that state. The reason why the state requires this level of proof, is that the state government sends the difference between out-of-state ...
mhoran_psprep's user avatar
3 votes

What does the FAFSA mean by academic year?

I took a look at the Free Application for Federal Student Aid pdf for 2022-2023 #29. What will your college grade level be when you begin the 2022-2023 school year? Never attended college and 1st ...
mhoran_psprep's user avatar

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