In the early days of this blog, I wrote how a key part of increasing your net worth was to maximize your income. One way to do this is to get a college education -- even beyond a 4-year degree if it suits your disposition. Why? Consider this from Money magazine:
The money you spend on a college degree still yields a sizable return on your investment. Over a working lifetime, the typical college graduate earns about 75% more than a high school grad does. On average, that difference totals $1 million more -- easily enough to re-pay those student loans and then some. The payoff from graduate school is even bigger: People with advanced degrees earn two to three times as much over their lifetimes as those without a college degree and increase their average total earnings by as much as $2 million.
Personally, I would be making a fraction of what I make today if I hadn't gotten my MBA. It opened the door to my first job (at a Fortune 500 company) that set my career on the right path.