<p>As long as you have a few options that are sure things, then the rest is all gravy. If you daughter does graduate college with an engineering type degree, yes, it is highly likely that she will find a job that will let her be on her own and still pay off the debt, or if she finds something local in terms of work and lives at home, put a hefty dent in it. </p>
<p>The problem with these plans lie in the number of students who change their majors after they go to college. And the exodus from the STEM majors top the list. I already know a half dozen kids, all top students with the math and physics down pat who have switched out of engineering to psychology, philosophy or political science. And you know, the stats are not so good for kids with those majors getting high paying jobs after college. So you can’t count on this programs working out with any given kid. They are just 18 and to expect a commitment to such a discipline at that age is really asking too much. Counting on it is not a wise thing to do.</p>