Best college degree?

Best college degree?

Austin, TX · Member since 2017 · 5 posts · 1 vote

As a student who is actively studying passive income through rental income properties and ETFs, a student who currently holds an AA degree and some extra courses following a science major, and a student who has an affinity for numbers, what do you think is the best bachelor's degree to pursue and why?

I always picture myself running my own company. I catch myself tweaking my own personal finances to make it more sound. I am rebellious enough to withdraw from my university classes until I am able to settle on what exactly do I need in order to achieve early retirement before I am 40, thereby questioning the idea that is carrying an extra $20,000 on top of already owed student loans for a BS the best investment right now? Or is clearing debt while it's still manageable and working on constantly developing more self-knowledge through several mediums( books, articles, mentors, etc) and achieve financial independence sound more fitting?

Every day recently I have gone back and forth ping-pong style on the pros and cons on acquiring a BS degree as soon as possible, even if loans will grow more than two-fold. Understand that I have been showing interest in a financial, accounting and entrepreneurship degree so far. 

So, what do you think is the best degree for me? Thanks for the input.

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Shawn AckermanPro Member
Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
9y

@Jasiel Burgos Truthfully you don't need a degree to get you where you want to be in real estate.  Pursue a specific degree/science because your passionate about that subject but acquiring a degree for becoming a real estate investor, totally unrequired. I hate to say but we have been conditioned to think a college degree is important but it's really not. 

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11 Replies

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  • Austin, TX · Member since 2017 · 5 posts · 1 vote
    9y

    bump

  • Regina, Saskatchewan · Member since 2017 · 5 posts · 0 votes
    9y

    Sorry, I can't help you in this.

  • Chicago, IL · Member since 2015 · 414 posts · 94 votes
    9y

    None. I regret going.

  • Chicago, IL · Member since 2015 · 414 posts · 94 votes
    9y

    whoops double post

  • Shawn AckermanPro Member
    Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
    9y

    @Jasiel Burgos Truthfully you don't need a degree to get you where you want to be in real estate.  Pursue a specific degree/science because your passionate about that subject but acquiring a degree for becoming a real estate investor, totally unrequired. I hate to say but we have been conditioned to think a college degree is important but it's really not. 

  • Rental Property Investor · Broken Arrow, OK · Member since 2016 · 1k+ posts · 1k+ votes
    9y

    I have a PhD in Business from Real Life U and Google Search, a MBA in Marketing from Bing Search, and a BS in General Studies from Yahoo Search... #Educated :-)

    If you want a corporate job building someone else's dream and a lot of student loan debt, go for it!! But if you want to work for yourself and build your dreams, its not necessary. It can definitely help you, and open some doors, but there are many, many very successful entrepreneurs who do not have MBAs or any degree for that matter. Here's a few you may be familiar with: Steve Jobs (Apple), Steve Wozniak (Apple), Larry Ellison (Oracle), Michael Dell (Dell), Richard Branson (Virgin), Charles Culpeper (CocaCola), David Geffen (Geffen Records), David Oreck (Oreck), there's many more.

  • Investor/Realtor · Hoover, AL · Member since 2010 · 1k+ posts · 459 votes
    9y

    @Jasiel Burgos...A degree is not necessary in RE, but hard work, YES!  On the job training is the best experience.  I'm a college graduate and it was OJB too.  How to complete projects, research, deal with different personality types, perseverance,computer, etc...No one  gets exactly the same benefits..GL

  • Real Estate Investor · Memphis, TN · Member since 2016 · 940 posts · 695 votes
    9y

    Here's the rub:  if you ever want to work for someone else, most likely they will require a degree (or at least thatbis what we found when my husband started looking for a job after selling his business).  Personally, I think it is a silly requirement.  

    If you do decide to finish, form an LLC and write off your schooling as an education expense.

     I also wrote a blog post about how to save time and money in college. PM me your email and I'll send it.  My husband graduated in 5 semesters with little debt and running a full-time business. Just gotta work the system! ;-)

  • Austin, TX · Member since 2017 · 5 posts · 1 vote
    9y

    @Elizabeth Wilson I think it's a silly requirement too, and I also think what I have taught my self has impacted me directly in my life twenty fold than the subject material learned throughout college. For example, I used to read many articles on Mens Health/Fitness online as well as through their magazines and I have learned and implemented their many suggestions on what to eat, variations on known workouts and correcting my form. But in school I took nutrition therapy and by then I had already known most of the material. Difference? Freely educated versus hundreds of dollars spent just to say on paper I've taken a nutrition pre-req.

    @Rolanda Eldridge Thats what I want! on the job training is what I want, or even just assisting flippers or landlords or remodelers.

    @Jeff Filali Very true. These people are set and stone examples of proof you don't need a fancy degree to be successful.

  • Austin, TX · Member since 2017 · 5 posts · 1 vote
    9y

    Thanks all for the input. I love hearing other people's opinions.

  • Ontario, Toronto · Member since 2017 · 5 posts · 0 votes
    9y

    This helped me too. Hoping to get more replies. 

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