I'm a financial planner and I often advise my clients to reconsider college — here's why - Business Insider

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'I'm a financial planner and I often advise my clients to reconsider college — here's why'

to teach skills for in-demand jobs. These types of programs are a fraction of the time and cost of a four-year college degree. They also prepare students to find work in high-paying, high-growth careers immediately.

Understand how going to college will affect you financially by researching the costs ahead of time. What are the income potential and potential career paths for your major? Will your income potential outweigh the potential student loan debt you take on? Try to limit the amount of student loan debt you incur. Exhaust all scholarship and

If your chosen career path requires a college degree — or if you're considering going back to school for an advanced degree — speak with a qualified college planning or student loan professional. They can help you estimate the degree's total cost and how much you can expect to make upon graduation. They can also help you find ways to cover some of the costs so you graduate with less student loan debt.

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