@stefanie So in short, going to the right college is worth it for the networking opportunities, and the implied credibility. No thanks.
American Education is overrated and HIGHLY overpriced. In the Caribbean, get have local colleges and universities that affiliated with UK, Canadian and American Universities.
We get your degrees for and pay 80 - 90% less. Come study over here.
I never understood why someone who go $125,000 in debt to earn $3000 US a month.
You kind of missed the point.
Who you are matters more than where you go.
How srsly are they going to take you back in the states with a degree from the University of St. Barts?
You see. If St. Barts is affiliated with the University of Chicago your final degree will be issued by the University of Chicago. So in the end, you might study in St. Barts and get a degree from the University of Chicago.
But since the American consumer is willing to pay big bucks for a degree, the universities say why not...
BTW, some Americans do their electives in the Caribbean where the college credits are much cheaper, and go back home to do the core courses and graduate.
Luckily I will not be graduating with any debt, I really think the experience is worth it anyways. I think the truly smart people don't bother with college and go on straight to making money, working with themselves but it is nice to have a backup plan, not to put all of your eggs in one basket.
That pretty much sums it up, yes. If the networking and implied credibility are important for what you plan to do, it's a heck of a lot easier to let a degree tell someone you're smart than having to prove it up front every time you meet new people.