12 October 2011

Education Debt Monster Grows Huge and Ravenous

Higher Education Bubble
From: The Best Colleges
Imagine acquiring all that debt, then having to leave college without a degree. 45% of college students will do exactly that. Not the best way to start one's adult life in a turbulent Obama-conomy -- where existing jobs are going away, and government rules make it harder and harder to create new jobs.

Investment guru Jim Rogers used to advise prospective business students to put the money they would have spent on college into starting their own business. The money would be better spent by giving the young person actual business experience, rather than sitting around listening to professors who had no practical knowledge of running a business. Imagine how much more of a waste of time and money many other college departments offer!

Labels: ,

Bookmark and Share


Blogger Whirlwind22 said...

I have a degree in history and political science. I beginning to wonder if my degree is useless as I graduated this May and dont have a job still. The problem is I dont have the natural born talent to be an engineer ie math. Dont have that much debt in comparison to others as I commuted to college while living at home.

Wednesday, 12 October, 2011  
Blogger al fin said...

Most degrees are useless, but that doesn't mean that you have to be. A large part of finding your potential as an adult is outgrowing the indoctrination you were given as a child and in school.

In other words, everything you think you know, just ain't so.

If your upbringing and training helped put you in a place to question everything you think you know, then you may be better off than most engineering graduates -- most of whose knowledge will grow obsolete very quickly.

If people can't get into a state of innovative and generative thinking -- no matter what their emphasis in college -- they are likely to face serious problems in the future.

Thursday, 13 October, 2011  

Post a Comment

“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

<< Home

Newer Posts Older Posts