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• Life after school: Advice for new graduates

  Posted May 26 2008, 06:45 AM by Karen Datko
  Filed under: College, Saving, Get Rich Slowly, Employment
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  This post comes from J.D. Roth at partner blog Get Rich Slowly.

  I recently gave my first-ever presentation about personal finance. I spoke to a group of about 70 graduating seniors from a nearby university. I was the fourth and final speaker of the evening. Before I talked about personal finance, the audience listened to three outstanding descriptions of life after college.

  Brian Reick

  The first speaker was Brian Reick, who described his experience of moving from job to job. He began knocking on doors right out of school and eventually found work. But the job wasn't perfect, and neither was he. He was fired after only two years. This experience taught him a couple things:   Read More...

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• The value of a college education

  Posted Feb 04 2008, 05:32 AM by Karen Datko
  Filed under: College, Debt, Spending, Get Rich Slowly

  This post comes from J.D. Roth at partner blog Get Rich Slowly.

  I've been thinking lately about the value of a college education. I earned a B.A. in psychology from Willamette University in 1991 (with a minor in English literature, and almost another minor in speech communications). What have I done with this degree? Almost nothing. Yet I do not regret the money and years I spent working to earn it.

  Does earning a college degree make a difference in your future? Absolutely. The facts are striking. On average, those who have a college degree earn almost twice as much as those who do not. According to the U.S. Census Bureau: 

  Adults with advanced degrees earn four times more than those with less than a high school diploma. Workers 18 and older with a master's, professional or doctoral degree earned an average of $82,320 in 2006, while those with less than a high school diploma earned $20,873.   Read More...

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