Dropping out of college

Stroudsburg, PA · Member since 2019 · 14 posts · 67 votes

I’m a 19 year old freshman in college studying architecture but I’m realizing I’m more interested in the business of buildings and not building them. There’s a real estate program here, but I’d be going 100+ thousand into student loan debt. I’m considering dropping out, getting a job or two, and getting my real estate license. My reasoning is that by the time everyone graduates with debt, id ideally be doing some form of a real estate career with no debt. Is this a good option? I’d also be more happy with this option.

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Jerryll Noorden

Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes

Dude, I would not drop out of college.

Thats just me though. I value education because it is more than just a piece of paper you get.

It is the ambition the discipline, it is aiming high, and your mind is like any other muscle. you need to exercise it for it to grow bigger and stronger.

Hell I am crushing it in my market BECAUSE I am a NASA caliber robotics scientist.

I became a master at SEO because I see numbers. I see patterns. I understand and see the reasons for something before I even know myself why it is.

I am not saying you NEED to go to school, but why drop out? Not only is it a waste, you are training your mind that giving up is an option.

You are young, and you have the energy to do both at the same time. Ask yourself if it is not just lazyness or a shortcut you are after, BECAUSE know this.

Most people fail doing REI. MOST as in 90%+

So many reasons why you shouldn't drop out of college.. but then a gain.. I am biased.

I am extremely educated....

so lets wait for the others before you take my advise too seriously.

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Jerry Lucker
Flipper/Rehabber · Seattle, WA · Member since 2015 · 333 posts · 459 votes
6y
@Jaden Adams
College takes years and $100K plus.
They teach you how to get a job.
You can invest less than $20K into learning real estate and in a year be making serious dollars plus you’ll be self employed and self sufficient.
5 Reply
Michael Bettencourt
Investor · Highland Park, IL · Member since 2015 · 68 posts · 18 votes
6y
@Jaden Adams do both, expect take in NO debt to do so. I would get as submersed in REI as possible and take classes as Junior college. 100k in debt is crazy!
3 Reply
Mary M.
Rental Property Investor · Portland OR · Member since 2018 · 2k+ posts · 3k+ votes
6y
I would switch schools and take classes that will be relevant for a career in RE - there is so much you could learn - business, economics, accounting, then there is construction, project management, etc etc.

do it at a local state school. Bang out a 2 year degree. College grads make money money and get hired much much more easily than those that dont have a degree. Just do the research.

2 years is nothing. And it will be an investment that will pay off your entire life.
Or, get a job at a RE company that pays for tuition. Have someone else pay for your education !
5 Reply
Bill F.
Investor · Boston, MA · Member since 2015 · 1k+ posts · 3k+ votes
6y
@Jaden Adams

Did you know that Mick Jagger dropped out of the London School of Economics to sing for the Rolling Stones? It was the right choice for hm because the costs of not dropping out were to high.

The cost on any action is the value of the best opportunity forsaken. You give up four years of wages(implicit cost) and going into debt (explicit cost) to get a degree. For Mick the implicit costs (forgone wages) were simply to great to continue getting a degree. Now you have to look at the implicit costs of getting a degree. Is it being the lead singer for a band that will sell more that 240 million records? If so, then dropping out is a no brainer!

Now say you do drop out, what is the cost? Its the value of the education you would have received.

Well, college grads make more money, have lower unemployment rates, are more likely to contribute to a 401k, have higher rates of home-ownership, marry at higher rates across age cohorts.

If we try and quantify the life time wage difference and assuming that you remain employed 100% (which has a lower probability of happening if you don't graduate college) we will see that graduating college has a NPV that 12% higher than going to but not graduating college.

That rough math all stats with the weekly wage data from the first article.

People with Some College (SC) earn $774/week or $38,700/yr (assuming a 50 week work yr). Those with a Bachelors (Grad) earn $1,173/week or $58,650/year. Now dropping out now gets you a three year head start on earnings and you won't have to pay $800/month in student loan payments for 15 years (Assuming 5.25% for interest and fees with a $120k balance)

So you grow the SC wage and Grad wage at 2% a year for inflation until you are 65, which gives you 46 working years for SC and 43 working years for Grad. For years 3-18 of grad you'd pay $9,646/yr in student loans, but even then you still make more per year than a someone with SC.

Discounting all those yearly wages back to the present day at 6% gives a NPV for Graduating of $901,220 and for SC: $802,612. Basic finance tells you to go with the option that has the higher NPV.

I'll cede that those are averages and you could very well be above average, but we need a starting point and on average, college graduates make more even accounting for their student debt payment and doesn't take into account the other benefits of graduating.

However, what will the future hold? For the population as a whole, I think 28-35% of people of at least an associates degree. For the millennial generation that number is over 40%. Your generation could very well be over 50%. Do you want to be in the non educated minority? I don't want to be because that means you'll be competing with more and more people who have degrees while you don't. And that is not just for jobs, that's for loans, business partners, spouses, ect.

About hard degrees that have lots of work; School is not supposed to always be enjoyable and anyone who told you it is did you a grave disservice. Discipline is a learned skill. The more you do hard things the more you push your personal limits and grow as a person. Just because you aren't seeing the fruits of your labor now, does not mean they won't bloom much later in life. Are you sure you'll the other paths you may choose will allow you to flex those muscles in a low threat environment?

Picking to stay in school is an individual choice, but you should at least look at as many facts as you can before you make your choice.

17 Reply
Denise Hill
Staten Island, NY · Member since 2019 · 13 posts · 6 votes
6y
I tell my 21 year old son, "never quit a job until the next one is lined up". If you have job opportunities open and ready to hire you now, then maybe proceed that way. You will be miserable if doors arent opening right away. You can get your license at the same time youre in college.

3 Reply
Bill Goodland
Rental Property Investor · Allentown PA, United States · Member since 2016 · 567 posts · 442 votes
6y
@Jaden Adams I say learn a trade, work on job sites for investors, learn from them and start buying property as soon as you can. Get your RE license and go from there. If you wanna work in RE you don’t need a college degree and avoiding debt is a big step in the right direction.
1 Reply
Bill Goodland
Rental Property Investor · Allentown PA, United States · Member since 2016 · 567 posts · 442 votes
6y
@Sarah Brown an associates isn’t really considered a degree anymore than a high school diploma is nowadays unless it’s in something highly specific
0 Reply
Bill Goodland
Rental Property Investor · Allentown PA, United States · Member since 2016 · 567 posts · 442 votes
6y
@Ron Fletcher what can a business degree teach you that books, podcasts and the internet can’t teach you for free?
2 Reply
Robert Damato
Rental Property Investor · Milwaukee, WI · Member since 2019 · 42 posts · 14 votes
6y
How's it going Jaden, I would say that if you are really passionate about real estate and dedicated to success then definitely follow your passion. Even if you have a job where you are making 15/20 dollars an hour while you are studying real estate and NOT racking up more debt from the business (college) you are going to, that is more progressive than going to school for something that you are not passionate or even interested in because its "going to make you a lot of money". Take note that even though you may be making say 80k a year and you have 100k in student loans, at a national average of 5.8% interest rate(nerdwallet.com) you will have a 705 dollar payment for the next 20 years, on top of your rent or mortgage, car payment etc... So I tell people "make sure you really... like really want AND NEED to go to college before you take on that loan for your education. Talking about me personally I did go to 1 year of college and just did general education classes that were required by the college in order for you to start your degrees program. I thought I wanted to do civil engineering but was not completely set on it. after the 1st year I decided to take a year off and figure out what I wanted to do. Then I found Bigger pockets... needless to say I never went back and I now have my first duplex via the BRRRR method. My investor already told me he wants to partner again so I will be rolling all that money into the next deal and so on and so fourth. I am by no means a highly successful investor but I am on my way, and that would have never happened If I had not "dropped out of college". I am also 22 years old so pretty close in age. hope this helps man, cheers.
3 Reply
Jerryll Noorden
Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
6y
Originally posted by @Jerry Lucker:
@Jaden Adams
College takes years and $100K plus.
They teach you how to get a job.
You can invest less than $20K into learning real estate and in a year be making serious dollars plus you’ll be self employed and self sufficient.

College doesn't teach you how to get a job my good feller.

There are so many people educated without a job. I didn't study for 13 year in University alone... to get a job.

My problem is, and I am sure many of you would agree... I suffer from a really odd disease, sickness even.

My brain is stuck on 12 years old...I never grew up. I still watch the smurfs, I geek out on cartoons... and I am more annoying than a 9 year old brat! I swipe my middle and index finger through my pits like a credit card, both hands at the same time, as if I was an armpit gun slinger through my stinky pits, and chase the daughters of ma baybee. Make weird monkey like weird sounds as loud as I can as I chase them. Watch them severely panic as I chase them with my stinky fingers till they almost cry yelling for Mom. And as they yell I yell back.. "What she gonna DO, she is more afraid of my stinky finger then you are". And they panick and ... it feeds my soul.. sigh..

Have you ever seen a 11 year old gurl run for her dear life? Doesn't know whether she should cry or laugh? Its great! Try it!

Ohh Ohh, or when you sleep next to your woman, or man...

And get really close to them in the middle of the night.

Lay at some really weird kinked and bent position almost if someone broke you in 3 pieces.. nd then open your eyes as WIDE as you can and smile really huge showing teeth as you stare DIRECTLY at her face, and then nudge her a bit so she wakes up then quickly assume kinked position smile with eyes REALLY wide open. And stay still, and watch her freak out.

Now this is really important. DO NOT MOVE DO NOT BLINK no matter what she does, cries or begs to stop it. You do not budge in the dark. Then after a minute or two start breathing REALLY heavily.

Man.. good times!

Do you want to know really why I studied what I did?

And you will laugh.

I wanted to explore the universe.

So I got myself a bunch of degrees and collected all the knowledge I needed to build myself a spaceship so I could leave this planet... for a few hours at least. I ended up with 5 degrees, and.. at NASA. I didn't quite make it on an other planet... yet..

But I figure, maybe if I take over this one, and force everyone to worship me, maybe.. just maybe this stinkin planet can be saved.

So now my plans of space exploration turned into world domination.

Now I am building my army or robotic minions and soon ... I will be your MSOOTKAUG!

Why am I tell you all this?

The best way to keep evil plans a secret, is to openly tell it. No one will believe it... till it is too late...
2 Reply
Sammy Lyon
Real Estate Broker · Los Angeles, CA · Member since 2018 · 193 posts · 346 votes
6y
@Jaden Adams
You could also think about “hacking” college — transfer to a more affordable place, get an AA or BA at a place where you won’t be in so much debt and can also work while you study. A degree in anything is better than nothing. Just because you’re on a high-debt college track doesn’t mean you have to stay on that track.
You could have your cake and eat it too — a degree will help you in the future for sure and also a different program could help you start doing the things you love while you finish school. My 2 cents!
1 Reply
Russell Holmes
Real Estate Broker · Apopka, FL · Member since 2017 · 492 posts · 528 votes
6y
@Jaden Adams I feel for your position.  I graduated high school (2004) in the top 5% of my class and had taken enough advanced placement classes in high school to enter college (University of Florida) with a year's worth of credits and a full-ride scholarship. I knew for a fact I wanted to be a mechanical engineer.  In high school I 'mechanically engineered things'.  I bought a Mig welder and a bunch of tools and suicided the doors on my Ford Ranger, shaved the door handles, sunk some different taillights into the back, ported the intake, custom built an exhaust, modified this, customized that. I built things, I designed things, I couldn't wait to be an engineer. I aced college level physics and chemistry and calculus 1 & 2 in High School. At 16 years old I had this crazy idea to buy a pressure washer and generator to put in the back of my 'modded' Ranger and start detailing cars for a side hustle since I knew I'd make $50+/hr after school and on weekends. My college educated parents said it would distract me from my studies, possibly derail me from my college path.  I listened and put that idea on the back burner. I strolled into college with my whole future planned out. I'd be an engineer for Ford's SVT department or some similar boutique wing of the 'big 3'.

Since I had knocked out much of the Gen Ed stuff in high school, my first semesters in college were diving right into the specific engineering type classes.  I was shocked, I absolutely hated it.  I wanted to build hot rods, not work out the schematics of a nut or bolt. I wanted to build things, not stress over the details of the 'unimportant' details. I talked to my college counselors and decided to switch up my degree to Marketing. I hated that. Then I switched to Entrepreneurship since it seemed to be right up my alley. The entrepreneurship program at UF was almost entirely geared around working for other people's businesses that they had started. Nothing about actually starting one myself.

So what did I ultimately do after wasting 2 years in college? I dropped out and worked in banking (2006-2007). Then the bottom fell out on the economy and the bank I worked for put out an indefinite advancement freeze.  Basically a "you're not fired, but you won't be advancing until this economy gets better".  So I quit...that was my last job.

I then started that "mobile detailing business thing" I thought of when I was welding and grinding on stuff in my parents garage 6 years prior. It cost me $8k to buy a little box trailer and fill it with equipment. I made $30k my first year (50% more than my entry level bank position) and by my third year I was making $50k+/yr, more than most of my peers who were graduating with degrees in things they never bothered to check if there was career demand for. I was kicking myself for having wasted all that time chasing the college path when deep down I had a passion for starting a business years earlier. I grew and ran that service business for over a decade and made hundreds of thousands of dollars in the process. I learned exponentially more about business from actually building one than I ever would have from the college professors who hadn't owned their own businesses and were teaching from textbooks.  I was in the trenches of small business and grew to the largest mobile detailer in my area. I had a waiting list weeks long and could turn down anyone who sounded like they'd be a pain. It eventually hit a glass ceiling and I was getting burned out. My wife ran a second truck and we were doing quite well, but that entrepreneurial feeling was gone, it had become a job. The marketing and growth I loved in the beginning was replaced with 60+ hour work weeks and the numbers didn't support expanding the business. I didn't want to work for someone else and had built up a passion for real estate.

I got my Real Estate license in early 2018 and did it as a side hustle for about a year until I had built a little momentum. We closed up shop with the service business for good this past summer after gradually cutting down on hours put into it and I've been a full time Realtor for about 6 months now. I haven't had a boss in almost 13 years and don't think I'll ever work for someone else again. So the threat that 'pro-college' folks toss around of me not being appealing to an employer due to my lack of degree is comical, I simply don't care. I don't want to be 'hired' anywhere, I want to be my own boss for the rest of my life. Do I regret not finishing my degree? Not at all, I regret wasting the time of thinking I needed one.

I've got a wife, two kids, three step kids, a house, and a life to pay for. Making the leap from my service business to real estate was a much bigger risk and bigger gamble for me than it would be for you at 19 to make a leap to Real Estate. I often wonder what would have happened had I started my detailing business at 16 instead of 21 years old. I likely would have built it just as big. I likely would have still hit a glass ceiling and made the leap to Real Estate, but likely years sooner. Not finishing college has never once been a hindrance to me, I wasn't ever cut out to be an employee.

I tried to find a degree that fit my passions instead of asking myself whether my passion required a degree.

My income today is mainly transactional real estate paying commissions because it pays the bills, but I'm doing JV deals with a cash partner as a 'side hustle' to get my feet wet there. Down the road I could see transitioning into doing my own deals full time and not selling houses for others.

Am I anti-college? Not at all.  My Mom was a very successful CPA who was the founding partner of a very successful local accounting firm until her retirement a few years ago. She loved her career, it was a passion of hers. She needed college for that path. Doctors, lawyers, engineers, architects....they all need college and we need them to have gone to college. Our kids get the BS 'go to school and get a degree' mantra from their teachers and our families all the time and they come home to ask my wife and I what we think about it. We don't knock college, but we tell them it is only one of many options. We encourage them to find passions and pursue them, some involve college, some involve trade school, some involve neither.

I pissed a lot of people off in my family when I dropped out of college. Even more so when I quit my banking job at 21 years old to start a business as the economy fell to pieces. They didn't 'get it'. My Aeronautical engineer turned Stock Broker grandfather said it was the biggest mistake of my life. My CPA Mom was freaking out. They thought I was taking the lazy route, giving up on myself, headed for a life of mediocrity.  I bought a 1900sf 4/2 brand new house at 24 years old for the less than the price my college educated Mom had 'invested' in a 2/2 condo for a few years before (which she just sold this year at a loss). I built my business bigger than they thought possible, and then I closed it to pursue Real Estate. Sometimes the 'college folk' just don't get that it isn't the only way. Don't be surprised if your college counselors don't get it, they are in the 'college business'. Dropping out of college is not always the lazy option, sometimes it's the right one....

6 Reply
Nigel Guisinger
Rental Property Investor · Member since 2019 · 93 posts · 110 votes
6y
I’m mixed on this because you e already started. If you figure in the 100k up front liability and that you gain four years of additional earning if invested right you actually make more not going to school. That’s due to starting out without debt. Why not do some of both? Take the real estate test and a light load for a term or two. At the end of that see where you are. You’d know if real estate is where you want to go or if it’s not for you. You’d still have the education so it’s a blend and may be a good transition. For me college was about making contacts more so than the education, so net work as go grow that real estate business. Surely some of the people at that school buy a house to live in and you could be the buyers rep.
2 Reply
Account Closed
Member since 2019 · 1k+ posts · 1k+ votes
6y
@Jaden Adams
2 degrees and some trades designations later I’m a few years from “retirement” before my 45th birthday ...because of my real estate holdings.
But I couldn’t have bought a darn thing without my day job(s). There’s a LOT you can do without $100k student loan debt. And even when you take a job/ career path, what you’re learning may be different than what they’re trying to teach you. Sometimes the skill you’re learning is perseverance, when what they’re trying to teach you is compliance. If you drop out, bust your arse to not give them a reason to say “I told you so”.
4 Reply
Elliott Beckstrom
Member since 2019 · 8 posts · 7 votes
6y
Jaden,

I have been in the same situation you're in right now and I understand the thoughts and feelings you are experiencing. Honestly, sticking with it or bailing could make you happy either way. It is true that accruing education debt is counterproductive to your real estate aspirations. However, with your interest in architecture and the scarcity of talent in that industry, the unique skill-set that degree mandates will make you valuable.

Surely you can count the student debt against your ability to invest in properties right now; however, we are at the top of a ripping economy where "deals" may show themselves but owners will likely see a sharp decline in equity soon. Equity is where massive gains happen. Cash flow is king but it is a sustainability factor with more linear gains than exponential ones.

To that point, an architecture education will expose you to a network of individuals who would otherwise be off your path. Many of those will include developers, financiers, and entrepreneurs with connections you will otherwise miss. Furthermore, if you are at a tightly networked school those connections will go even further for you.

Degrees check boxes these days; however, the connections they foster and the doors they open will make it worth it when you execute on the opportunity. If you can't, success will be difficult no matter what you do.

My .02 cents,

Elliott

3 Reply
Chris Purcell
Investor · Philadelphia, PA · Member since 2010 · 739 posts · 372 votes
6y
@Jaden Adams
You’re on the right track. Why not start investing and use your real estate money to fund your architecture degree?
Then you can graduate with less debt and a valuable asset to people who need your services
Just my $0.02, shoot me a message would love to collaborate
3 Reply
Brandon Leffler
Rental Property Investor · Stockton, CA · Member since 2019 · 4 posts · 3 votes
6y
@Jaden Adams
I wish I would have done the same thing. It’s ultimately up to you, go with your gut man, school will always be there.
I have $45,000 in loans and it’s taking away from my real estate aspirations ,but if I would have jumped in it out of high school I feel like I would have 10 properties today.
I have a business finance degree but I got a municipal utilities job for the city and I’m not even using my degree so it doesn’t always work out like it’s supposed to.
2 Reply
Account Closed
Rental Property Investor · Orlando, FL · Member since 2019 · 5 posts · 4 votes
6y
@Jaden Adams honestly if you're set on creating wealth through real estate investing, then I would not continue on with college. Instead put forth 110% into building assets for yourself. Immerse yourself in financial literacy, taxes, REI. You'll come out far more successful than the average joe salary. College is great for those who needs the education for their career ie doctors, lawyers, scientists etc.
Student debt is no joke and when you get ahead with real estate without having to pay back 100k plus will be huge for you.
It’s not as scary as you may think. Start small and build... over your life span you will be more successful in your field than others that have gone to college to get that job, but don’t have a secure retirement plan AND BUILDS WEALTH... REAL WEALTH.
- college drop out
3 Reply
Account Closed
Rental Property Investor · Brooke Park Drive · Member since 2018 · 1k+ posts · 2k+ votes
6y
Get a minimum wage job at the college (assuming employees get free school)
0 Reply
Kyler Cook
Rental Property Investor · Kalamazoo, MI · Member since 2018 · 117 posts · 235 votes
6y
@Jaden Adams
You’re right to quit the architecture. You need to get an education, but you need to find an inexpensive school to go to to do that. My recommendation is get a bachelors degree in business/finance from somewhere where the cost is 40/50k. Work your tail off. Buy and house hack your living space while you do it so you’re not paying rent. You seem motivated which is great, but motivation isn’t going to be a fallback in the event something unexpected happens in the next decade and you need a normal 9-5 to support your real estate business taking off. You’re trying to get into real estate sales at the same time the peak of the market is barely holding on. This is the time where 60% of real estate agents quit because they can’t make a living from selling.
Whatever you do, I’m sure you’ll be successful. But, if you listen to me the dark days might be a little less risky.
1 Reply
George M.
Rental Property Investor · Albany, NY · Member since 2018 · 55 posts · 65 votes
6y
Industry can’t get enough qualified tradespeople. A two year program in welding, machining, or HVAC can write their ticket. For people who want to work, 100% JOB PLACEMENT WHILE STILL IN SCHOOL BEFORE GRADUATION.
Or consider joining an apprenticeship at your local union hall. Get paid to learn. Need to change a service panel in your rental? If you’re a licensed electrician, no sweat...
High voltage lineman school? Two year program, make 100k out of school.
1 Reply
Bill F.
Investor · Boston, MA · Member since 2015 · 1k+ posts · 3k+ votes
6y
@Jaden Adams
This database may be helpful if you chose to switch institutions/Majors to save money and to figure out if your current college is a place you want to stay: A First Try at ROI: Ranking 4,500 Colleges
It compares the NPV of graduates from over 4000 colleges (two and four yr) and certificate programs at 10,15,20,30,& 40 years.
Their main takeaway is:
"bachelor’s degrees from private colleges, on average, have higher ROI than degrees from public colleges 40 years after enrollment. Community colleges and many certificate programs have the highest returns in the
short term, 10 years after enrollment, though returns from bachelor’s degrees eventually overtake those of most two-year credentials."

"...our findings buttress the idea that college is a worthwhile investment. Moreover, we take the position that college should be seen as a long-term investment. The median net present value for all colleges is $723,000 in the long term (40 years after enrollment), but only $107,000 in the short term (10 years after enrollment)"

3 Reply
Holly Williams
Rental Property Investor · New York City · Member since 2014 · 208 posts · 271 votes
6y
@Jaden Adams I am firmly in the get a degree camp, and there are ways to do it without accruing $100k of debt. Go to a less expensive school for the first two years and then transfer, apply for all the scholarships you can, and get creative on the living expenses. (House hack, renting rooms or units to fellow students, etc)
This life is about having options. When you have that degree, more doors are simply open to you.
I’ll ask the group. Of the millionaires on BP, how many of you DO NOT have a college degree? You may not think you “use it” but you do.
You can be super successful without a degree. I do think it’s a harder road though.
2 Reply
Orlando Perez
Real Estate Agent · Diamond Bar, CA · Member since 2016 · 112 posts · 29 votes
6y
@Jaden Adams
My dude! Such a great post and I can imagine the burden you might be experiencing right now! The reality is many careers and jobs do require some sort of college experience. If you pull the trigger right now on getting out, you might miss the opportunity of experiencing the college life. While, the college life might seem robotic and repetitive, your mindset should be exactly what you are looking for to build a business. Who knows where your path will take you. The greatest minds that have captured the most wealth in our world had some sort of college of education. You may find your future business partners in college. I'm not saying do all that without a sense of purpose. I'm just saying if you have a plan in mind, keep at that goal until you reach it. When you reach that goal hopefully you have enough self awareness to position yourself to get the most out of your college experience.
I wanted to become a Neurosurgeon.
If I were to goto college all over again. I would do the following. Figure out a away to purchase a multifamily 2 or 3 plex. So I could live rent free and generate some rental income. Would try to buy a property every year or maybe 2, while I was in school. But because my degree was so specialized, I needed to prepare for medical school. Now, that I am an educator and I plan on going back to medical school with the rental income that our portfolio generates for us, the financial pressures are much less. Life goes in so many directions, but the friends and experiences over made have had so many impacted moments on my life. Even with college educated parents I did not have the information I needed than.so NO one should tell you how to feel or what to do. Take all the posts and internalize them and reflect and make a decision. A book I read from Colin Powell, he referenced about indecisions about how much it cost american business, governments more than wrong decision. You heart and mind together will give you the direction you require. You got this!!
Rent out the rooms so
0 Reply
Sterling Chapman
Rental Property Investor · Baton Rouge, LA · Member since 2018 · 65 posts · 76 votes
6y
@Jaden Adams you seem to be positioning this as you only have two options, pay $120k for an architecture degree or drop out and do real estate. I assure those are not the only two options. You could change your major, you could go to a cheeper school, you could start pursuing real estate and go to school at the same time. Don’t limit yourself. I don’t think you have to have a collage degree to be successful in real estate but I also can’t imagine have a degree in finance or accounting or marketing would hurt you. I know a lot of people on here bash collage but I use my Degree and education all the time in my real estate investing business. Good luck!
1 Reply

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