New Castle News

Money: Dave Ramsey

June 15, 2012

Dave Ramsey-Your Money: Should college students work their way through school?

NEW CASTLE — Dear Dave: My son is a freshman in college. Do you think he should work during his first year in school or focus all his attention on his classes? — Ben

Dear Ben: I don’t think there’s anything wrong with either direction during their first year of college. But as a parent, I’d urge you not to fall into the trap of thinking that a kid’s grades will go down if they work while in school. Research shows that kids who work while in college carry higher grade point averages than those who don’t. To me, the reason for this is pretty simple. If you’re working and going to school at the same time, you have to learn how to manage your life and your time effectively. Lots of kids could pay their way through college, and not have to worry with student loans, if they just used the time they spend on social activities and watching television at a job. I never required my kids to work during the school year. But they all have good work ethics, and they’re definitely not bums. During the summer, though, there was no such thing as sitting around. They had jobs. My youngest just finished his sophomore year, and he’s already started a job. Being a vegetable for the entire summer is useless, and we don’t do useless in our family.

But the philosophy of not wanting a kid to work so they can spend all their time studying is misguided. For the most part, kids who work while they’re in school will make better grades and develop into more mature and well-rounded individuals. And besides, if they’re working they can’t waste all their time playing beer pong! — Dave

 

Dear Dave: I plan to move to Los Angeles to chase my dream of working in the television and film industry. I’m not married, have no kids, and I have $2,500 saved to live on until I can pick up a couple of jobs. I may have to finance a car, though. I’m not sure mine will survive the trip. Under these circumstances, how much of an emergency fund should I shoot for? — Cameron

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Milwaukee catcher Martin Maldonado has been suspended five games for sucker punching Pittsburgh’s Travis Snider during a bench clearing brawl on Sunday. You OK with that suspension?

Yes. Seems fair.
No. Baseball NEVER gets it right in these situations. Should have been at least 20 games for his sucker punch into a pile of players.
Not sure, but I’d love to see baseball be like hockey and allow two guys to fight for a while before breaking it up. Let’s see how tough Maldonado is then.
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