An employee that begins work at Mcdonalds at 17 years old can easily become a manager by 20/21..with hard work.
Mcdonalds general manager
$48,000 average with cash incentive program - $50,000.
Medical and dental benefits.
401k
Life insurance.
Mcdonalds also has a stock option plan to lock in a set stock price.
A child could work as a general manager at Mcdonalds from 19 to 26, parents agree to let him live at home as this being his college and grad school. Parents have no colege tuition, no room and board, books,etc. Child has own medical and dental.
Child spends $10,000 a year on living expenses, clothes,etc. Puts $40,000 in block stock options of Mcdonalds per year along with a few higher risk/yield stocks. At 26 years old, with average growth of Mcdonalds stock and conservative tech, at 26 years old should have over $500,000, no debt, full medical and dental and a billion dollar company international managerial position on his resume. 6 years living at home ready to enter the world
College
Average cost with room and board, books, misc per year -$60,000
Same time sending same kid to college will COST parents over $300,000.
With liberal arts major at end of college student has no skills, no resume, moves back home with parents after college or rooms with buddies. NOT ready to enter world.