The insanity derives from and is caused by the fact that at the point in life when everyone makes these decisions, we are incredibly ill-equipped to make them and are loaded up with horrendous advice.
“Do what you love, and you’ll never work a day in your life!”
Yeah well maybe I love broadcasting, but hate having a shitty boss who treats me like I’m worthless. Maybe I love what I do, but I also like having a roof over my head and food on the table and the jobs in my industry pay shit.
Or, big brain moment here, maybe it’s way smarter to bank massive amounts of money doing something I am meh on or hate for a decade, so I can retire in my fucking 30’s and spend the rest of my life doing whatever the fuck I want whenever the fuck I want and loving it.
“You can be anything you want to be!”
No you fucking can’t. There was a kid in my broadcasting class paying $42,000 a year in 2004-2008 money to the #1 broadcasting school in the country who couldn’t string together three sentences without stumbling all over his words, panicking, and melting down - and this on a broadcast airing to like 30 kids in our class. Over four years, one professor - senior year no less - had the stones to sit him down and say, “Hey, sorry, this isn’t going to work out for you.”
Kid or his parents flushed 168K down the drain so he could spend several years wallowing in unemployment before giving up and going into sales or something. Poor guy worked his ass off in school and trying to make it, too.
“Money isn’t everything, or the most important thing!”
Well, sure, I agree. But what is? Family? OK, what lets you spend more time with family? Help family members in need? Do fun/memorable things with family?
Love? Absolutely! Good luck in the dating process if you’re flat broke!
Freedom? Damn right! Throw a financial on the front of that, though, if you really want to be free.
And on and on. The fact that we make kids make those decisions at 17 or 18, and the opportunity to change course without significant penalties ends around 20 is a travesty.
A ridiculously high percentage of kids would be better off having someone throw the entire tuition amount in the S&P for them, screwing around for a few years, then figuring it out. Obviously most people don’t have it in cash up front to do that with, though, and scholarships make a difference.
But it’s also stupid that the financial information on different career paths tends to be laid out in terms of entry level salary. We should be telling kids what the average net worth is of someone in that career path at 30, 40, 50, 60 years old, along with the 25th and 75th percentiles, what the average work week really is, what the average retirement age is, and where the jobs are.