There's nothing US-centric about what you quoted; the 3x$60k figure (and it could end up being 5x) comes from the opportunity cost of going to school instead of working. That can be lessened with part time work and full-time during summers, but it's still there.
Sorry, I misread. But I still think the point stands. Tuition fee is not an issue in many other countries. Besides that, in most areas, a post-university income will likely be higher than working for four years after high school.
Then there's also the social factor. University allows you to network with peers, some of which will be very successful and may give you good leads. It's also a good place to meet a life partner and have a good time.
Comments
There's nothing US-centric about what you quoted; the 3x$60k figure (and it could end up being 5x) comes from the opportunity cost of going to school instead of working. That can be lessened with part time work and full-time during summers, but it's still there.
Sorry, I misread. But I still think the point stands. Tuition fee is not an issue in many other countries. Besides that, in most areas, a post-university income will likely be higher than working for four years after high school.
Then there's also the social factor. University allows you to network with peers, some of which will be very successful and may give you good leads. It's also a good place to meet a life partner and have a good time.