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Old 10-17-2016, 06:26 PM   #21
Thinks s/he gets paid by the post
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Location: Florence, AL/Helen, GA
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Originally Posted by krotoole View Post
Not to toss gasoline on a fire, but also consider that your kids may need a masters to compete in their chosen field. My oldest is now considering a pharmacy degree. Great track, huge financial rewards, and she's wired to be great at it ... but a very pricey 6 year journey to get there. We're fortunate and have planned since she was born to be able to swing big on college educations, but that will even stretch our position.
They've done away with the old style pharmacist's degree and gone to Doctor of Pharmacy programs where they have to do residencies in hospitals, etc. working with M.D.'s. It's a great field, however the graduates so often come out with substantial student loans. Starting salaries in chain pharmacies are $100K with the managers making $120K--working long hours including weekends. Congratulations on having a motivated student/daughter.

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Old 10-17-2016, 06:32 PM   #22
Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: Florence, AL/Helen, GA
Posts: 3,175
My father ran the electrician, steamfitter, boilermaker, lineman and other apprenticeship programs for our giant power company.

The costs of universities in the future is almost enough for our children to go the skilled trades where they start you out in year one making $33K and getting a raises yearly for 6 years--without any student loans.

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