DAVE RAMSEY

Dave Ramsey says: The idea is well-meaning but misguided

Mar 12, 2024, 1:00 PM

Working during college isn't for everyone, but that being said, those who choose to do it should ha...

Working during college isn't for everyone, but that being said, those who choose to do it should have more than enough support. (Pexels File Photo)

(Pexels File Photo)

Dear Dave,

Our son will be graduating from high school in May, and then heading off to college in August. He will also be working during the summer to save up money for school. When classes begin, do you think he should continue working a part-time job, or would it be better for him to focus solely on his studies?

— Brenda


Dear Brenda,

There’s really nothing wrong with either approach, especially during a kid’s first semester in college. As a parent, though, I’d urge you not to fall into the trap of thinking his grades will go down if he holds a job while in school. Research actually shows that, on average, kids who work while in college carry higher grade point averages than those who don’t.

The reasons for this differ, depending on who you ask, but I think a lot of it has to do with them having to learn to manage their time—and their lives—more effectively. Lots of kids could pay their way through school, and not have to worry about student loans, if they just used some of the time they spend watching television and on social activities at a job.

We never required our kids to work during the school year, but they were self-starters. And when they came home for the summer, there was no such thing as just lying around the house all day. They had jobs, and they made money. Of course, some of it went toward having a little fun during their time off. But we made sure they set some aside for the next school year, too.

Long story short, the philosophy of not wanting kids at college to work so they can spend all their time studying is well-meaning, but 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.

I hope this helps, Brenda!

— Dave

ENDORSEMENTS

Dave Ramsey

(Pexels File Photo)...

Dave Ramsey

Dave Ramsey says: Should you hang around for benefits?

Dave Ramsey responds to a letter from a fan who is currently in the military but isn't sure to leave and try new things or stay due to the benefits.

1 day ago

consumer debt financial dispute Arizona money tips...

Dave Ramsey

Dave Ramsey says: Imitate successful behaviors and navigating financial disputes

This latest column from Dave Ramsey dives into two big financial issues two readers are facing: consumer debt and a marital financial dispute.

6 days ago

Living on a budget: Lessons for 13- and 14-year-olds...

Dave Ramsey

Dave Ramsey says: Can they handle it?

Want to teach your kids about living on a budget? It's a good way to set them up for a successful financial future, according to Dave Ramsey.

13 days ago

Financial wellness journey Dave Ramsey...

Dave Ramsey

Dave Ramsey says: Can you spend for fun when beginning your financial wellness journey?

Can you spend for fun when beginning your financial wellness journey? Dave Ramsey answers in this week's column.

20 days ago

honeymoon married job loss financial advice...

Dave Ramsey

Dave Ramsey says: Should you go on a honeymoon right after you lose your job?

So you're about to get married. You have your honeymoon planned. But right before all the fun begins, you lose your job. What should you do next?

27 days ago

financial irresponsibility mom bad with money...

Dave Ramsey

Dave Ramsey says: What do you do when mom won’t behave with money?

Dave Ramsey advises a husband who is concerned about his mother-in-law's perceived financial irresponsibility and wonders what to do.

1 month ago

Sponsored Articles

...

Collins Comfort Masters

Collins Comfort Masters: Leading the Way in HVAC and Plumbing Services in Arizona

Tempe, AZ – Since its inception in 1985, Collins Comfort Masters has been a cornerstone in the HVAC and plumbing industry in Phoenix and the surrounding Valley.

...

Bright Wealth Management

Here’s how to save money on retirement planning

PHOENIX -- With inflation still going on, people planning on retiring still face many issues on when they can retire and how much money they need to achieve it.

...

Day & Night Air Conditioning, Heating and Plumbing

It wouldn’t hurt to get your AC checked after Arizona’s excruciating heat wave

A well-maintained air conditioning unit is vital to living a comfortable life inside, away from triple-digit heat in Arizona.

Dave Ramsey says: The idea is well-meaning but misguided