In my experience, education and economics are not related. I’m glad I have education, I’ll hopefully put it towards making the world a better place, but there’s another trait the street hustler has over me.
I now see there are two worlds. The educated (aspirational types) “we could do this and it would be awesome” and the businessmen (realist types) “if it doesn’t make dollars, it doesn’t make sense.” Both have valid points. The truth is somewhere in the middle.
Our country is slowly coming to the realization that there are two worlds and we need to work together. Our political feuds stem from not recognizing our necessary symbiotic relationship.
I’m thankful I had the experience I did (attending college, getting in debt, working to pay it off, getting laid off, a year of unemployment, depression, and recovery). I would likely not spend on education what I did knowing what I know now, but if I hadn’t, I wouldn’t know what I know now. It goes in a circle.
Some things you can’t put a price tag on. Some things transcend economic reasoning. Things like love, the pursuit of happiness, forward progress for all humankind… numbers just don’t mix well with love. But if you love someone or something enough, money is no object and people buy what they love.
So while young people are learning the hard way to save and buy only what they need, we (every tight spender) need to leave a little room in hearts for frivolous things that make us feel warm and fuzzy on the inside (impulsive decisions based on irrational emotions) and give people employment.
These experiences have given me something truly profound to reflect on. Love vs. Logic, one cannot fully defeat the other.