AllBusiness. comIs a college degree necessary to start a business? Whether entrepreneurs need college degrees to succeed, or whether the time spent earning that diploma is better spent actually launching a business, has been an ongoing debate as long as I can remember. But with college costs and student debt skyrocketing, there’s a new consideration in the debate: Is student debt preventing would-be entrepreneurs from starting businesses?There’s more than a grain of truth to the idea. A person who graduates with $30,000 in student loans is 11% less likely to start a business than a person who graduates with no student debt, reports The Hidden Cost of Financing Education: Can Student Debt Hinder Entrepreneurship?, a study by Karthik Krishnan, an associate professor of finance at Northeastern University.
AllBusiness.com
Is a college degree necessary to start a business? Whether entrepreneurs need college degrees to succeed, or whether the time spent earning that diploma is better spent actually launching a business, has been an ongoing debate as long as I can remember. But with college costs and student debt skyrocketing, there’s a new consideration in the debate: Is student debt preventing would-be entrepreneurs from starting businesses?
There’s more than a grain of truth to the idea. Continue reading “Do You Need A College Degree To Start A Business?”