Gotta disagree Mr.Jitter.
I still believe an undergraduate degree at the least will give a guy an advantage in seeking employment. Now more than ever. You have to set yourself apart from those who are willing to take a security job or live out of a van.
The OP needs to get it done. For both his personal enhancement and his ablility to obtain worthwhile employment that actually has some potential financially. Once you obtain it, nobody can take that degree away from you. Getting same instills confidence which will bleed over into the workplace.
J.O.B. = JUST OVER BROKE
For every 1 guy that gets hired with a degree there are 100 others who don't. You think corporations give a sh1t about hiring american labor? There are 100,000's of grads from China/India/Phillipines coming out every year that will work on the cheap and instead you are promoting this young man get an expensive education with very little prospect of the future... everyone and their mother has a degree today, whilst almost no one has a TRADE. Most of those degree holders are working at dunkin donuts or sitting around unemployed and living off the system.
50,000 dollars spent and 4 years wasted (not earning income) for what? A trade will get you a job right away, an apprenticeship will pay you money. A house will give you a bit of rental income. There are more avenues to earning money than settling for college. First and foremost you should learn to manage your money and make small investments to get small returns.... you can do that even working at McDonalds if you lower your cost of living. My nick is LiveFree for a reason, I know how to live free of debt/montly costs. I'm at a point in my life where I can retire FOREVER with what I have in the bank. I have next to no stress in my life and I live very well in a country club just outside of the #1. richest city in China. I didn't get here because of college.
A few things I've learned about College:
1. University kids have terrible money management skills.
2. When they do get a job, they tend to blow all their money and then some by the end of the month. We have a ton of fresh uni kids here who are dropping thousands of dollars per month... on what? Luxury products, Starbucks coffees, the best housing, running A/C day/night.
3. They have a TERRIBLE work ethic and very little motivation to succeed and do what it takes to get by. I have run into tons of kids who refuse to take 'labour intensive' jobs at home because they feel it is 'below their station' and instead opt for Starbucks or some bs $10/hr academia research job.
4. 99% of people in the world refuse to travel or change their venue to obtain better employment.
If you know how to manage your money, you can become a landlord while working a minimum wage job. If you are smart, you won't go into debt to get education, wait till you have money in the bank and then use that to go to school with.
Let him live out of a car or a van for a year or two and simplify his life. He can bank a ton of money in 4 years and learn a lot more by himself than college will ever teach him. A college education? Pffft, unless he takes engineering, there isn't much of a future for him and even then the competition is fierce. If he converts a van into a 1 bedroom studio apartment he saves on rent every month and learns to live without luxury. Later when he gets a house of his own, he won't go bananas with his money. Lots of people do it, check out: Stealth Van Dwellers.
You guys and your college degrees... fvck man, at home the guys working on the oil rigs with next to no education are getting paid huge bucks... IF you know how to manage your money, you can goto work on an oil rig for a few years, buy a small house and retire for the rest of your life while all these other tools spend their next 20 years with stress, debt and a 9 to 5.
Americans though, you guys only know how to spend money.
I have a simple 'associates degree' that is very work specific and in no way pertains to my current employment, only cost me 10 years and 45,000 dollars of debt to find out that I could have had my present lifestyle a few years ago with money management skills and a good work ethic. I did NOT learn to manage money in College. 90% of what I learned came out of the financial section in my local library. The Millionaire Mind Book and Cardset will do more for you than a College degree ever will ($29.95 on Amazon)