Just look at lottery winners, professional sports players and others who receive large amounts of income and then file for bankruptcy. Its not about income, its about controlling expenses and investing for the future.
Below is a story about 10 lottery winners who lost it all.
http://www.businessinsider.com/10-lottery-winners-who-lost-it-all-2010-5
As a Morehouse student, you are practicing delayed gratification by investing in your education. All the data shows that the higher your education level the higher your income potential. There is an even stronger relationship between the two variables in this new information-based economy.
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| From the US Bureau of Labor Stats http://www.bls.gov/emp/ep_chart_001.htm |
This makes feel a little bit better about choosing to go to college
ReplyDeleteThis shows me that we need to help are communities and influence them in to going to school and making something for themselves and their families
ReplyDeleteHigher education is essential , not only attending but graduating. I know because in the enviorment I work in most of the employes don't have a college degree. Some have very little college while others just finish high school. There education dictates there income. Meanwhile the managers in the owners have at least a bachelors degree.
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