I wouldn’t say it’s scam. But if you wanna get rich then college won’t get you rich. College will give you a middle class or upper middle class lifestyle. Only ways to get rich is being an entrepreneur, athlete, media, or celebrity.

@Dayz3O6

Жыл бұрын

nah those debt can easily make you poor. most undergrads end up in starbucks and macdonal.

@emssasukeisunderrated7946

Жыл бұрын

He's saying the business of college (jacking up inflation rates, most college tuition isn't fixed either so each year it increases for everyone, and not having to pay taxes all while if we talk about the NCAA not allowing those to profit off their likeness until recently). I also disagree with your last two sentences. It's what you do that decides whether you'll become poor, rich, upper middle class, etc. I know many people who are college educated and are rich while doing what they went to school for (they do other things as well) while paying off their debt. I know people who are deep in debt and aren't even using their college degree. It's honestly up to you from the college you pick, the loans you take out, any money like grants/scholarships you get, etc. So I don't buy that

@moviegeek1111

Жыл бұрын

Yes and no, just with anything colleges give you something to fall back on: a stability. But if you wanna become the next big billionaire or whatever, college degrees and the connections you make there certainly don't hurt

@Hiltonliveparanormalnews79

Жыл бұрын

Middle class don't exist college teach you to be a slave to a company run a rat race and never get ahead. Learn a skill , start your own company , various ways to make money most college grads work low end jobs!

@jonathannaranjo5105

Ай бұрын

College won’t get you rich except 99% of rich people are college graduates lol

I'd say the worst thing to happen to college was KZread

some fields worth attending college for at the BS level: engineering, nursing, computer science, finance (get a CPA). Can't go wrong with any of those fields

@infini.tesimo

Жыл бұрын

That's if you actually end up doing it, stay focused to do it, and actually find a job that pays well enough to pay down the debt for it.*

@bakeboy78

Жыл бұрын

STEM fields otherwise - military or start a business

@bakeboy78

Жыл бұрын

Maybe get a company to pay for school..

@AMJ564

Жыл бұрын

You can always start a youtube channel if nothing works 😂

@rick6582CNCMedicalParts

Жыл бұрын

4- Yr apprenticeship cnc machinist / toolmaker trade tech school 83 company payed & sponsored my education aerospace & medical implants field - & over 40 yrs never out of work 100k job-now retired early & work part time still ! Good channel & videos

Fantastic and meaningful conversation. As a former student who came out of pocket for my doctorate, I can tell everyone that they must shop for their schooling! I spent a year at Harvard as it happens, and left to seek out a degree that I could pay off along side a mortgage, and raising kids. It's time for Americans to push back with practical decision making.

@deadinside8781

Жыл бұрын

How did you split up your studies so you could manage this?

@msykes19

Жыл бұрын

@@deadinside8781 There's no easy answer outside of budgeting time, and rigidly prioritizing. I went to school and babysat during the day, and worked at night as a server.

@mistypedhi

Жыл бұрын

@@msykes19 When did you sleep ?

@msykes19

Жыл бұрын

@@mistypedhi It's really not as bad as it sounds. If you're looking to get more accomplished, you definitely don't have to sacrifice rest, I never did. You just need to be productive during the hours that everyone else is watching tv, or messing around on social media.

It's a scam to the taxpayer. Get rid of loans being federally backed and start taxing colleges again...

@stachowi

Жыл бұрын

They’re going to forgive loans very soon

@deadinside8781

Жыл бұрын

Considering my professor in the past made us read a book a week and discuss amongst ourselves with ZERO input...tax the goddamn institutions! Have meaningful discussions? Sure, we'll do our best. But we never read that book before! You did, you studied it, maybe we missed an idea, say something!!!!

@valuecalc

Жыл бұрын

DAP, the political controversies that college loans produce have become too crazy!

@wepid3426

17 күн бұрын

​@@stachowi😂😂

The problem is that anyone with a pulse can start taking out 40k loans with no collateral and no way to pay it back. If you stop the easy money the cost of college would drop to affordable levels. Also colleges should take more responsibility with job placement if they market a shitty degree in the college, then they should bear some of the responsibility if that student can not get a job. Otherwise stop marketing college as the only route to "good" employment.

@bigshoots1181

Жыл бұрын

Exactly, same with healthcare, if you got rid of insurance companies, hospital wouldn't be able to charge 50g for a child birth cause competition among doctors for affordable prices and treatments would occur. Idk shit about birthing a child but I'd be willing to learn midwife for like 2g a delivery.

@tsaka784

Жыл бұрын

@@bigshoots1181 As someone who paid 7k for a childbirth this year I totally agree 😅

@bigshoots1181

Жыл бұрын

@@tsaka784 lol, was that with insurance too?

@tsaka784

Жыл бұрын

@@bigshoots1181 its great insurance so I have been told...🙃

@bigshoots1181

Жыл бұрын

@@tsaka784 haha ya that's ridiculous, the solution is to get rid of these insurance companies completely, competition for affordable pricing then happens, then you pay me 1g to hook the baby up to a tractor and pull er out, done deal!

Trade skills will always be needed but yet aren’t glorified as much as it should.

@smokeybeartribute

Жыл бұрын

Right on Brother! I've been in skilled trades for over 15 years, after 4 years in I've been making 100k+ every year and my career isn't going anywhere. Especially when I have to work around "college" people who don't have a clue what I do but look down on my profession bc they think I wasn't smart enough for college.

@ericjudge5810

Жыл бұрын

@@smokeybeartribute I’m looking to learn a trades skill as a side to my current job but not sure which one. Im trying to take advantage of free courses in my local area.

@OnlyChillVibesAndMotivation

Жыл бұрын

@@smokeybeartribute what do you do?

Back in the 90's I went to University in the Bay Area for computer science. Half way through I remember being recruited to join a tech firm, I dropped out, and I remember everyone there was a college dropout as well. Everyone was young, felt like a college frat made up of geeks, those were good times.

@Anthony-dj4nd

Жыл бұрын

Congrats

another thing i don't understand about college is why do they make you take random general ed classes before taking your real major specific classes your junior and senior year?

@Texan4lifee

Жыл бұрын

Because they want us to be more all around intelligent because they know people will say f everything else and focus on what they want to

@RichardDong68

3 ай бұрын

More money for them.

You can now get a computer science bachelors degree on Coursera for 10k now. Things are changing

@moozerk1264

7 ай бұрын

Hopefully this will occur with other majors as well

To all the kids out there no one cares in the real world where you went to college. I have a degree in computer science and I routinely see people with computer science degrees from top colleges and they don't get hired at any better rate than anyone else.

Government is the reason why college and healthcare is expensive. Price goes up, quality goes down - EVERY. SINGLE. TIME.

@bullmoosevelt4495

Жыл бұрын

Quantity over Quality. If everyone gets a college education, no one does.

I'm an Independent Latino. This is why Patrick you are KING!!! Regarding a topic: It's amazing how you decipher with details on a subject 🤯!!! Thank you for have Awesome Zuby!!

@veshaw.

3 күн бұрын

No you not sir stop lying 🤥🤥

My son is at college because my husband gave him his GI Bill, we would NOT have encouraged him to take out loans for it. It is an ENORMOUS ripoff especially in the covid era. 30 grand a year for zoom classes

my thoughts with Mcdonald's and Starbucks are that even though they have less money in the bank, I feel the thousands of stores at their disposal give them a huge value of assets Harvard doesn't have. Maybe it's an apple-to-orange comparison. Also, I hope online learning disrupts the education system. Colleges do offer online learning (can't say if it's better or worse) and supposedly they charge similar to if you went to the class in person. Having online resources (Udemy, Pluralsight, Coursera, and so many more) could help people learn new skills and transition to a new field or promote themselves in their current field without having to apply for a loan to achieve the same thing.

Sick perspectives, I fully agree.

Appreciate PBD being friendly to libertarians

@moonlightreveries1459

Жыл бұрын

Why would he not be? He’s nice to everyone..

@supersam1914

Жыл бұрын

@@moonlightreveries1459 many platforms aren’t

Great content Pat

Health, Law, Business, Engineering, and Computer science/programming. Unless your planning on majoring in any of those, don’t bother going to college. For people who want to go to college to study acting don’t bother. Most even good ones fail. And even the few who do amazing are crazy. A certain actor who slaps a certain comedian is living proof of that

Only the STEM/Medical/Law degrees are marketable professions that will get you the best paycheck out of college. Otherwise, learn a trade and use your hands. But you’re going to have to get out of your comfort zone regardless

@daudimasinde6280

Жыл бұрын

Ummmm, business (finance, accounting, marketing)

@douglasclare5106

Жыл бұрын

@@daudimasinde6280 that too.

@DougieG7130

Жыл бұрын

@@daudimasinde6280 I highly disagree with business, marketing, finance, a lot of those courses are outdated and will constantly be outdated because of the rapid change. You can learn all of those things and not go to school. 2/3rd of all career paths can be learned within 6-18 months of education and apprenticeships. There's vary few things that going to college is worth it for.

@rayray7244

Жыл бұрын

That's it! Even law degrees are becoming obsolete. What does a lawyer do? He looks up case law to prove his point. You can get AI to do that so you'll need less lawyers in the future. It's crazy!

@wreckim

Жыл бұрын

There are literally hundreds of other degrees that will get you pretty far. Speech therapy being an example of one that almost no one thinks about. A licensed speech pathologist in California pretty much picks the school district she want to work at; some don't even want to sign a contract with the district because they want to move next year, and will take a bigger pay now to forgo the pay scale benefits. Some of them open their own office, and treat hospital patients etc.. It's a very difficult degree to finish, and licensing has to be maintained. Building science and such can get you pretty far in the building industry. A nurse with a 4 year degree gets paid quite a bit more etc..

I like it when you breaks it down 💯

good clip

Yes. Too often it is a scam. Why endure all the expenses if we really cannot handle them? There is so much that we can learn for so much less. Online courses are readily available, and many can be taken for little or no cost.

I’m a mature age student studying and my university in Australia, since covid has taken majority of its courses online, I’m not sure how they will run their business models now or if they will return to having students back on campus. I looked at what the international student fees for universities here for my niece from Thailand and it’s $20000 a year and you could complete it in 3 years. End of the day it’s a scam, I wish I’d done a apprenticeship, worse thing that they did was take jobs like Nursing from hospitals to university, I imagine that because universities one day won’t want competition so they will eventually force trade schools to join them or they will buy them or force them to merge, my university did that with what we call tafe (mainly where you do trade training).

Wow, very insightful

I studied veterinary medicine in MX for next to nothing. The level isn't as high, of course, but you finish in 5 years, you can jump straight in from High School, and not having a massive loan looming for years and years is a great tradeoff.

There's a private college who wanted to charge my fiancee 60k a year to attend zoom calls. Luckily when your "poor" financial aid helps. 6k for zoom meetings still sounds like a lot.

@deadinside8781

Жыл бұрын

You got that much?! I got $600 total. Household income was 23k.

College is not predatory in the least bit. I’d probably be homeless today had I not spent $1200 on my gender theory elective

Research what's the avg ROI for each major degree from 1980 till now. Hard to say but % wise in terms of income vs inflation what's your end goal? College is either a starting point, or a reason to learn/master skills on your own seek real world experience early.

It all starts with gov't backed, un-bankruptable loans

College is good for Finance, Tech, Medical, Science, Engineers, Maths, Quants. Etc. Sure, if you have very wealthy parents you can just stay in College and build up all those skills to have or maintain good grades. To get into investment banking etc.

Some corporations dont have much cash reserves because they pay out their earnings to their shareholders

Great question about big banks, Much Love PBD

PBD spot on

Student loans should be collateralized by a college's endowment.

@StardustX24

Жыл бұрын

BINGO!

As student loan limits increase, tuition will increase accordingly. Scam? Yes, the first 2 years of college (general requirements) could be provided by decent public education. Other countries provide such public education. A rational solution, colleges let you start out taking courses essential to your planned career (e.g. engineering related courses) so you can graduate ready to work in 2 to 3 years with student debt reduced accordingly.

If health insurance can negotiate prices with providers, why cant government or banks negotiate tuition prices?

Salute and be blessed

Parent's failed their kids, that how we got here. This whole go to college no matter what attitude they have. Where were the parent's when their child took out 80k in loans to get an education for a job/career that in 99% of the cases they have never even so much as dipped a toe into? Where's the parents when kids want to go to some party school 6 states away to get a degree they can get half of at a local college for half the price? Where's the parents when kids consider deferring their student loans? When the kid finally realizes the bachelors degree they financed is worthless, where are the parents to talk some sanity into them, when they decide to "go back to school" a second time? They might be over 18 and legally able to make their own decisions, bur they never truly "grew up". Not in the sense that people did even a generation ago. Parents failed their children. Now we all have to pay. Not all parents obviously, but a majority...

@kevinmersini3562

Жыл бұрын

Parents needed to raise them right to make proper decisions

@EmeraldGamingNewz

Жыл бұрын

True, but you got to understand, as a parent you only want the best for your kid. 20 years ago people only saw work a dead end job or get a career through college. It’s only now we’ve opened our eyes a bit more because of the internet, but if you were a parent with a child 10-20 years ago you’re going want to send them to college

@kevinmersini3562

Жыл бұрын

@@EmeraldGamingNewz wrong those people dont want teach their kids to work hard and spoil them, thats not true that college was only way out but parents didnt want their kids work hard so they taught them wrong way

@kevinmersini3562

Жыл бұрын

@@EmeraldGamingNewz get 2-3 jobs and by property or open a business, but guess what shitty parents dont teach their kids to work hard but rather to live ther life through their kids

@jacoblynch9862

Жыл бұрын

@@EmeraldGamingNewz agree with you too and stand but then make your child go to an end State College and not way over pay certificate. Now you have whiny little kids that wanna go all the way over to the other side of the country and pay 3 tons as much for the same degree as a parent you should stop that and explain to them very carefully why they need to pay as little as possible for that degree and then going to a mo cy dis college is not going to guarantee you and better job that is a load of shit

Pat you've actually got this backwards. Banks DID finance college education until the 2010 law that made all loans Direct Loans for the Dept of Ed. The reason they did is because it was low risk since student debt is the only debt that is not discharged by bankruptcy. Your conclusion is still correct that the way college is financed makes it easier to raise tuition but it's not because financial institutions deem it not valuable but because the debt is low risk for the creditor.

Remember colleges they receive donations from businesses that the businesses can use as a write off. People are literally handing college cash. Businesses carry less cash on books as they use it to reinvest and not pay taxes.

@christians131

Жыл бұрын

Are you suggesting that colleges not paying taxes is a net positive for the general population?

College isn't a scam. But it made more sense during the industrial age. School/College just teach us how to be functioning members of society. If you want to be an employee and work like a dog until retirement then go to school. Times have changed. Unless your studying to become a doctor/engineer or some high level skill position. School isn't worth it. If your degree doesn't pay you at least $100k, college isn't worth it!

@stachowi

Жыл бұрын

So it’s a scam bc what percentage of college degrees pay $100k

@PeterParker-wj3cr

Жыл бұрын

@@stachowi Wouldn't call it a scam. But its antiquated! The educational system is stuck in the past...

@dave1T

Жыл бұрын

At the end of day the sad reality is that companies want to see your degree bro. They are complicit In this bubble. Just get the degree and be socially validated. Add relevant in demand skills to your resume and actually know how to execute them. Sure it may not be 100k per year but you could start small then transition to higher positions over time..

@PeterParker-wj3cr

Жыл бұрын

@@dave1T Ur absolutely correct! But i look at it differently now. LIke i said going to school and getting a degree worked 100 years ago. I think we all can agree that no job will make you rich or wealthy. That's not the point of a job. So working a job puts us into the rat race. Which is probably why so many people are in the 99% camp! We all have been brainwashed. You can't pass a job down to your child when you die. They're is no legacy to leave behind. It now makes sense to me why they don't teach financial literacy in school ( or at least during my time in school ) If ur ok with living chq to chq then by all means go get an education and join the work force!

@WorshipDaKing

Жыл бұрын

@@dave1T yea bro, i like being 40k in debt and then my job gets outsourced to india bro, haha yea bro

college is not a scam but its not the end all be all. people go to college but have no idea why. they take out loans for degrees they will never use just to say they have a degree. society does shame/look down on people who don't have a degree which is ridiculous. the scam part is that everyone was convinced they NEED to go to college when they don't. there are so many other options.

@kevinsouza7744

Жыл бұрын

There really isn't so many other options, there is a few and most of them come with a tradeoff. (Ruining your body overtime) The scam is how much it cost, you don't see countries with universal education calling college a scam, it's all "just learn a trade" until we have a shortage of doctors nurses lawyers teachers and so on.

Those numbers sound wrong to me. A doubling of price would be an increase of 100%, because you take the whole and add it. +217% would be over triple. Maybe you meant something else, I don't know. I think we're getting addition and multiplication confused here.

As a college graduate, I say a bachelor's degree does not hold its weight as it used to; it does not matter the field/subject, they are over saturated but a masters degree or Phd is worth the "squeeze". My bachelors degree hurt me more than my graduate degree financially speaking.

@kahmengsoh7196

Жыл бұрын

Because everyone has a bachelor nowadays lmao, and most of the good job requirements raise to have master/PhD too.

@Yandel21ableify

Жыл бұрын

A bachelor has become the new High school diploma

@alexmoore5970

Жыл бұрын

@@kahmengsoh7196 agreed

@alexmoore5970

Жыл бұрын

@@Yandel21ableify you are not wrong. I found out why most companies added the college degree requirement. Before requiring college degrees, businesses had aptitude test but minory groups kept complaining that these test were racially biased, causing companies to remove the test ub favor of a college degree.

@Yandel21ableify

Жыл бұрын

@@alexmoore5970 Really an aptitude was required to get a job?

That helps explain why there are colleges EVERYWHERE compared to 20-30 years ago

The only useful degrees are Law, Medical, Engineering, Economics or any finance related field. Anything else is useless.

@kahmengsoh7196

Жыл бұрын

I doubt Economics/Finance/Business.

@iironhide6209

Жыл бұрын

Stats, CS

@TheMasterOfShadows

Жыл бұрын

With the advent of AI and automation all the degrees you stated could be handled by way less people. One person using an AI could do the work of 20+ people. This is our future that no one is preparing for. Imagine a doctor sitting at their desk while the ai does the imaging, the consultation, all the paperwork. Only thing for him/her to do is write the prescription and maybe over sight of the AI. The whole office is run by AI, no other people but doctor, patient and maybe 1 nurse.

@azuresage1067

Жыл бұрын

@@TheMasterOfShadows we’re not there yet though. Most of the country is scared of that type of tech. The rollout for that tech will be very slow

@iironhide6209

Жыл бұрын

@@TheMasterOfShadows I disagree. Automation leads to more jobs than it destroys which tend to be higher paying. The issue is upskilling the workforce both technically and softly

Trade skills are ok. They’re not the best. You get dirty and hurt your body for money.

@kevinflaherty1

Жыл бұрын

You only hurt your body if you’re irresponsible and don’t take care of your self. Use proper posture and stay physically fit and you’ll be just fine. Also, skilled trades and are a lot more than “ok” depending on the trade. Electricians and plumbers can make six figures, but it’s a lot of overtime unless you find a good job that pays really well

Kind of. You have to very slowly and meticulously choose the right program and career path and then only get a bachelor's quickly so you can make at least $70k a year and not live near the poverty line.

That's a good idea about traveling while doing an online degree. The student would have a much better experience doing that for four years than living in a college dorm.

Exactly

Inflation is to make the rich richer

When your right Andrew... If you can get ur degree while working in Madrid and learning Spanish you've developed more than doing it in a dorm room in Boston

People who are logical already know this, you can make a great life without a college degree, I know a lot of people who are doing well off owning a house and their dream car from working as a tradie

Endowments are not there to be spent like water though. Cemeteries have endowments; to keep the place well-kept and are usually very restricted on how that money is used. McDonald's has no such obligations.

I started college to make a career out of my passion for cars. I finished it because other people wanted me to have a college education and would not take "no" for an answer.

@azuresage1067

Жыл бұрын

It’s family that gets you in these positions sometimes. They want the best, but they don’t understand what it takes to make the most of it or how to leverage it.

@EricZAchille

Жыл бұрын

What did you major in?

is college a "scam?" isn't that subjective? depending on what you major in, after getting your degree, your social and economic mobility increases.

@erikhopkins9488

Жыл бұрын

@@anthonylopez5 which is why I say the term "scam" is subjective.

@christophershanklin112

Жыл бұрын

That’s true, when you get into college you have a lot of resources around you.

PBD you already said it, it is all about taxes. Corporations and schools are not in the same tax category. Companies dont need cash or want to keep all that on the books. Schools are tax exempt for many things. We sell to FIU and they dont pay any sales tax.

That’s not necessarily true though. Banks will definitely finance college depending on what your path is and how good yours/your parents credit is. I get messages all the time from Wells Fargo as a college student asking if I want to take out loans through them, because of a lower interest rate or something like that.

@TheMasterOfShadows

Жыл бұрын

That's because it's designed to benefit the wealthy. Imagine how many calls or loans you would get if you had no credit and you where poor. I hate to break this to you, but there are more kids with no credit then kids with access to good credit. The system is broken.

All this video proves is just how good McDonald’s is at avoiding paying tax, that’s all

Wow amazing facts… how do we make a change?

Harvard has so much money in their endowment, they could offer tuition for free for every student for 200 years and still not run out of money

@TheMasterOfShadows

Жыл бұрын

The true issue with making it free. Then people find out there are only so many jobs to go around and that the payment structure is to suppress how many people actually get degrees. It's a great balancing act in which wealthy people get first dibs. If anyone thinks there are unlimited jobs for every degree I have swamp land in Florida i'd like to sell :^)

This so true how are corporations worth less than universities

Great video. The Mafia is jealous.

College is worth it for the right field and if you know what you want.. however I would recommend high school grads not to go right away.

@christophershanklin112

Жыл бұрын

I agree, kids that young don’t make the most appropriate decisions.

Endowments are investment portfolios, not cash & equivalents though…

someone who made their money selling what is basically a pyramid scheme should not be throwing the word scam around so easily.

NO! The Appreciation of Cinema and my pottery class made me the man I am today!!!

Facts

Answer: It can be.

If you can get an MBA from an Ivy League university (and that’s a big if because you would need a high GMAT score to get in which is not easy at all and never mind the high tuition fees) you can pay back the debt from jobs you get after the degree within 2-3 years, so it’s a good investment

@WorshipDaKing

Жыл бұрын

a good investment for the top 10%

@SamiAljundi

Жыл бұрын

@@WorshipDaKing Anyone with a college degree can get an MBA if he can score high on the GMAT

Typical conflated higher education arguments: Yes - university degrees are still worth it for: STEM (engineering disciplines specifically), medicine, law (depends on career track and debt incurred after four year degree - private practice vs state job), finance (depends on specific industry [e.g. investment banking] and access to exclusive Ivy League institutions). Other degrees like Computer Programming | Science strongly depend on the hiring company reqs, recent Tech Industry trends lean towards experience equity not just degrees; there are also boot camps however you may get low balled without having a four year degree. Trades and apprenticeships are great (electrician, plumbing) but you still need access to reputable training institutions, obtain state endorsed certifications for insurance purposes plus fully own your own truck, tools and scheduling to maximize profits. All other university degrees are shit, also taking out student loans is a horrible idea for most ppl b/c of rampant abuse, most max out borrowing limits to overdraft cash returns for paying rent, cars, utility, cellphones, etc. Even worse is a large percentage of borrows quit before graduating; fun fact, women own most of the national student loan debt and employ the largest percentage of non-tech related useless university degrees.

You attend college you become employee your salary is capped . Majority employees don’t have financial literacy by the time they understand it they end up working because they have to. 🤷🏻‍♀️

Considering all my friends are now 26-30 and still have $60000 Debt and dont work at jobs they went to school for. No degree here and just started working, currently make $137k a year.

@tonekagrigsby-green769

Жыл бұрын

What do you do

@kevinflaherty1

Жыл бұрын

@@tonekagrigsby-green769 Probably a skilled trade

@christophershanklin112

Жыл бұрын

What were there degrees?

I know the answer... Pat for President!!

This is all without even considering that actual “product” of higher education. (Which , IMO, is frivelous and even dangerous). For example, my 22 yr old just graduated a big 10 school and came out with 18k in the bank and no college debt. (Academic scholarships). While im proud of my daughter, the level of her indoctrination was not worth it, not only not being in debt, but even her getting paid to go to college was, in the end, a net negative. (IMO)

Depends on the school you attend (Quality of professors and degree program) and what you study (STEM, medical - good ROI, Liberal Arts - not good ROI). The ROI considers how much of the tuition you have to pay (Do you have the GI Bill or scholarships?), what are your career prospects in your given field of study, and potential earnings in the field.

You don't have to take 40K loans to go to college go to Junior college and then go to a four-year State college.

@christophershanklin112

Жыл бұрын

Bingo! Notice how everyone who calls college a scam are the ones trying to go to a D-1 or private school pulling loans from out of state tuition.

Yes

The word ‘educated’ I think is dense and derogatory. For an example, what if someone self taught themselves maths to a higher knowledge or extent that someone learned in university. To the brainless society, that person is not ‘educated’. This mindset, is the exact one I despise and has brainwashed my own family and friends.

what you want to do in life is what determines if college is a scam. If you want to be a supreme court justice or a consultant for McKinsey then yea, you'd better have rich parents or fork up whatever's necessary to go to an Ivy league. If you don't have such a niche ambition then maybe you don't need college

Its wealth redistribution..keep poor in debt trap...

I would say most of it is.

ZHERMS NEED A PLACE TO FEEL SMART.

Going into my final year and will graduate with an engineering degree with less than 50k in debt

I just think in my life this kind of information comes to me via a hand phone computer

1.business 2.computer science 3.engineering

It’s crazy cause people will get a 4 year degree and come out and get a job at the mall or a super market or something because there’s really no jobs in what they major in

@christophershanklin112

Жыл бұрын

Ask them if they did any internships while they were in college

Is the problem not that the Universities charge these fees? Not that the government aren't wiping off Student debt

I understand what he is saying but it’s important to look at the complete picture. Maybe those big corporation spend most of their money on assets since they know the value of cash is bad. It’s possible the schools do it also but it’s more then just looking at the cash reserves of these institutions.

Shit most college students don't know how to balance their check books let alone their lives. My kids went to private school from grades K-12 and they started off at the state university level but it was too much bullshit. Now my daughter is a veterinarian assistant making $75k per year and happy and my son got his CPA making the same and we have no college debt to pay back and they're only 23 and 25 years old.

Private loans= banks giving financial aid= banks finance

The Iranian lad is skewing the argument here. You actually can blame the corporations just as much. He’s leaving out the deal between the two fields of banking and corporations but he would do that he’s afraid of the taxes which is understandable.

The endowments aren't in cash

It's a HUUUUGGE SCAM!!

I don't mind college at all problem becomes just the sheer cost of it baby boomers and gen X's didn't have to face hundreds of thousands of dollars of student loan debt the only reason why people are saying it's a scam is because millennials and Gen Z years are the first generations to face huge cost for college and in some instances the return on investment is not all that much

College IS a scam! Biggest waist of time in my life! I took my fancy diploma that I had sitting on my bookshelf, wrapped it in a plastic bag and put in under my bed

@AB-fq4mr

Жыл бұрын

Yup same thing with my science masters degree. Took my bs and ms diplomas and burned it in my backyard. I have a lot of friends that did the same thing, we were lied to that we were gonna get these fancy jobs but turned out only 10% of the people actually get it. So glad I dropped out of my PhD only a few months in once I realized how wrecked the lives were of those that were ahead of me. Opened a business and three years later started making six figures. Now when anyone asks me if I have a degree. I just say no. I let them think I have a high school diploma.!Best decision ever.

Yes college is a scam. Nobody needs your skills. I have a college degree with over a decade of experience in life sciences and living paycheck to paycheck. Pay is ok but jobs are located in expensive area. Expensive housing and living cost cancel out any benefits.

Government should never have started financing college

College is ok, but learn how to invest buying puts or calls in the market. Find other ways to get Rich I’ve seen some day-traders become wealthy off Trading. There’s a way to everything. College is ok, but you get maxed out at or around $60K for most jobs.