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Completely random obscure thought but the traditional education pathway to University is beyond financially crippling, it’s genuinely toxic and with the exception of a few, runs at a huge net loss.
I have a 1st class degree in a horridly generalised area from a substandard university, however the fact I’ve not been asked for it with the exception of one (successful) job interview, it’s the knock on outside of the paperwork that hits hardest.
I was watching @mattdavella video on personal finance. Something I’ve got considerably better at managing over the last 18 months while still making some obvious mistakes. However if I zoom out, I still owe SLE c. £38k.
In its simplest form, the ROI of that experience, aside from great friends and without measuring based on income comparison, is incredibly poor. More importantly though, it’s the fact that no matter how frugal I am, or how well I manage, I’m in a considerable amount of debt.
And this is m maybe in my control through restructuring pay, but one of the biggest problems with it is the blasé nature of cash dropping out of my monthly pay the same way Tax and NI does. The BIG difference is Tax/NI are public conts. I have to make, Uni was/is private.
And having worked for a few years now and gained some experience, one thing is abundantly clear to me at least, anything I contribute towards privately must have some sort of positive ROI, education directly opposes this rule.
