Is College Still Worth It? Ron Lieber's Advice for Parents Navigating Shifting Job Market
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Is College Still Worth It? Ron Lieber's Advice for Parents Navigating Shifting Job Market
"Part of your job, especially when they don't want to take your advice, you know, when they become adolescents is to be somebody that's just like the pop-ups that, you know, appear above people's heads like a light bulb, you know, when an idea sparks. You want to be an idea sparker."
"Even if they reject 97, 98, 99 out of 100 things you send to them, something's going to land and it can make a difference."
"Sparking ideas without putting earnings data in front of them leaves families making six-figure financial decisions on vibes."
The unemployment rate is around 4.3%, indicating a healthy labor market, yet concerns about college degrees, particularly in computer science, are rising. AI advancements and layoffs challenge the notion of job security in traditionally stable fields. Ron Lieber emphasizes the importance of parents acting as 'idea sparkers' for their children, encouraging exploration rather than dictating choices. However, he overlooks the necessity of presenting financial data, such as education ROI, to inform significant financial decisions regarding college education.
Read at 24/7 Wall St.
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