ABC 20/20 - College is a Rip Off

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This is part of the reason I chose to go to a technical college for the first 2 years. These people need to choose better majors, from the sounds of it.
 


People who say going to college "is a scam" are fucking retarded. Going to college in itself isn't going to make you successful, that is pretty much up to you.
 
I think a lot of it has to do with how stupid a lot of kids are too. There's a lot of kids at my school who are just going to college for the sake of going, or because they think it's cool.

That girl in the news clip spent 85K majoring in Human Development? WTF? Did she at least research occupational fields and trends before choosing that as a major? Because that sounds like a large part of the problem to me.

It's true that college is overrated. But you also need to have a plan for where you're going, and you need to do research to make sure your chosen future profession is one that is growing and adding jobs. You can check out tons of stats at the BLS site. So I don't necessarily agree totally with the premise of that video.

I think as long as you make a smart decision and know what you're getting into, you'll be fine. But that girl in the video sounded like a total moron, and a bitch at that. She was blaming everyone else for 'leading her on', and bitching about how college was a total 'scam'. Hello? She's the one that fucking chose to do it. She's a big girl. WTF is with people not taking responsibility for their decisions?
 
That is one dumb bitch.... college isn't a rip off if you go for the right degree. There are a lot of degrees at my college that you can't do shit with, and if you do chances are you won't be making good money. However there are plenty of really good jobs out there that you need a degree for and you will earn money.

Plus, too many of Americas students are idiots upon graduating High School. I'm from Romania but now live in Ohio where there are probably over 100+ colleges. Most of the colleges are Liberal Arts schools which cost 30k a year in tuition alone, and most of the degrees that you get from these schools don't even have jobs that you can associate with them. I graduated High School with a 2.7 cumulative and my guidance counselor told me I was only smarter then 20% of my class. Nothing special right? I disagree I now make more money then the other 80% that was smarter then me. If getting good grades in High School is about getting into a good college and going to college is about getting a good job and getting a good job is about making good money then I think I took a shortcut.
 
Heh.....

I was required by the state to go to college for my Real Estate classes.

$1350 for the whole shabang and $100 for the license....

I laugh at people spending 4+ years for a job that pays less than mine.
 
Hello friends,

It true some degree. It irony that some who go and graduate college come out to work for those who no go to college.

College no teach you how be entrepreneur. College just learn how to follow order of professor and work under system established.

Good luck bros
 
@stefanie So in short, going to the right college is worth it for the networking opportunities, and the implied credibility. No thanks.

That pretty much sums it up, yes. If the networking and implied credibility are important for what you plan to do, it's a heck of a lot easier to let a degree tell someone you're smart than having to prove it up front every time you meet new people.
 
American Education is overrated and HIGHLY overpriced. In the Caribbean, get have local colleges and universities that affiliated with UK, Canadian and American Universities.

We get your degrees for and pay 80 - 90% less. Come study over here.

I never understood why someone who go $125,000 in debt to earn $3000 US a month.
 
How srsly are they going to take you back in the states with a degree from the University of St. Barts?

American Education is overrated and HIGHLY overpriced. In the Caribbean, get have local colleges and universities that affiliated with UK, Canadian and American Universities.

We get your degrees for and pay 80 - 90% less. Come study over here.

I never understood why someone who go $125,000 in debt to earn $3000 US a month.
 
The problem isn't college itself (it can serve as a great networking opportunity). The real problem is sense of entitlement that the typical graduate develops. Too often, graduates think that as soon as they are done with college, businesses will be knocking down their doors to offer them six-figure incomes. In fact, many graduates come out of school with a debt equal to two-times (or more) the average salary for their field.

(I did not attend college and instead learned the ropes of web development working for a local hosting company while getting paid $700 per week. Several years later I started my own business.)
 
How srsly are they going to take you back in the states with a degree from the University of St. Barts?


You see. If St. Barts is affiliated with the University of Chicago your final degree will be issued by the University of Chicago. So in the end, you might study in St. Barts and get a degree from the University of Chicago.

But since the American consumer is willing to pay big bucks for a degree, the universities say why not...

BTW, some Americans do their electives in the Caribbean where the college credits are much cheaper, and go back home to do the core courses and graduate.
 
In that case, I would like to subscribe to your newsletter.

You see. If St. Barts is affiliated with the University of Chicago your final degree will be issued by the University of Chicago. So in the end, you might study in St. Barts and get a degree from the University of Chicago.

But since the American consumer is willing to pay big bucks for a degree, the universities say why not...

BTW, some Americans do their electives in the Caribbean where the college credits are much cheaper, and go back home to do the core courses and graduate.
 
Luckily I will not be graduating with any debt, I really think the experience is worth it anyways. I think the truly smart people don't bother with college and go on straight to making money, working with themselves but it is nice to have a backup plan, not to put all of your eggs in one basket.

True dat.

Even if its a cheap community college degree, you need something to fall back on.
 
college is good for things like math and science. it's hard to conduct laboratory experiments in your basement... safely. however i saw an article the other day about some self-taught people doing genetic experiments at home which was interesting.
 
College is worth it if it is worth it. It's not objective. Yeah, fairly primitive way to see it but looking at it any other way is kind of pointless.

For me, it was worth it.
 
That pretty much sums it up, yes. If the networking and implied credibility are important for what you plan to do, it's a heck of a lot easier to let a degree tell someone you're smart than having to prove it up front every time you meet new people.

I have never taken a piece of paper as assurance of someone's capabilities. And I don't have much time for people who do. That degree might tell people you're smart for a while, but after a certain point your own achievements need to tell people you're worth your time. I have never once been in a situation where not having a degree held me back one bit. But that's because I have my shit together, and it shows.

I think the OP's video addressed this, actually. There was a comment that the people who go to college and go on to do well in life would have done so even without the degree.

In short, don't depend on that piece of paper to prop you up for very long. Unless you plan on hiding an inability to produce results behind the charity of fellow alumni.
 
Going to an *elite college* for a working class kid is probably the college education that pays off most. That said, it's not what you will learn you are basically paying 6 figures to extend your linkedin/social profile. A poor kid from Iowa, Wyoming, New York City or Inner city LA is not going to have access to the kind of inner circles he can have access to at a top 25 school. This is just a fact. Most people socialize within their social circle and as much as we Americans like to believe that is not the case, it just isn't so....

Of course a poor guy/girl can marry into that social class but outside of love, they need to have a helluva lot of money. That's why most working class men who strike it big go for old money women. If you downloaded the list of self-made bilionaires from Forbes.com and did an analysis of the background of most of those men's wives you will see what I mean.

If you don't believe, go ahead and put it to the test...
 
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