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Colten Powell
  • Real Estate Agent
  • Charleston, SC
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30
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Opportunity cost of college

Colten Powell
  • Real Estate Agent
  • Charleston, SC
Posted Nov 19 2019, 10:39

I am 21 years old and currently taking online classes at a tech school to earn an associates in business/leadership. At the same time I am working full-time and I pay all the bills, while my fiancé uses her income towards savings. I will be finished with this degree in May and considering going to school in August to obtain a bachelors in finance. I wanted some different viewpoints/opinions on my dilemma. If I go to school in August I will not be able to work full time anymore and we would most likely dip into the savings and possibly school debt. In the long run I would be earning a higher salary, so I could potentially invest more, but I would also be starting over/later. If I do not go to school then I could potentially buy my first rental next year and be on track to owning a portfolio of rentals. The only problem is that my salary isn’t very high ($45k), so the process would be a slow one. Do I go to college, or do I start investing?

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