Comments on: It’s Not all Peaches http://thewildinvestor.com/its-not-all-peaches/ a money and investing blog Sat, 14 Apr 2012 20:55:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BallerBlogger http://thewildinvestor.com/its-not-all-peaches/comment-page-1/#comment-1386 BallerBlogger Wed, 19 Dec 2007 17:40:29 +0000 http://thewildinvestor.com/its-not-all-peaches/#comment-1386 Interesting post. I would think that with athletes it is generally a different decision though. If you are, say, a basketball player and can reasonably expect to be drafted in the first round, particularly the first half of the first round, I think it is a no brainer to go for it. Your contract is guaranteed for 2 years (or is it 3?). You will make a couple million at least. If things go south from there, you can go back to school, but if you stay in school and are injured or your stock drops, you might never make it to the NBA. The question is, does this apply to any non-athletic endeavor? In general, it is better to get that degree unless you will IMMEDIATELY make enough money so that you can go back to school if things do not work out, AND there is some chance that the money won't be there when you graduate if you elect to stay in school. Interesting post. I would think that with athletes it is generally a different decision though. If you are, say, a basketball player and can reasonably expect to be drafted in the first round, particularly the first half of the first round, I think it is a no brainer to go for it. Your contract is guaranteed for 2 years (or is it 3?). You will make a couple million at least. If things go south from there, you can go back to school, but if you stay in school and are injured or your stock drops, you might never make it to the NBA.

The question is, does this apply to any non-athletic endeavor? In general, it is better to get that degree unless you will IMMEDIATELY make enough money so that you can go back to school if things do not work out, AND there is some chance that the money won't be there when you graduate if you elect to stay in school.

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