Oh come on. I just feel like this is another in a series of "let's indict education" posts. I take issue with everything in here. $44,000 a year for tuition, why? Why did you choose that school if you had no intention of studying? You can teach yourself more in an afternoon than in a 10-week class? Really, let's prove it. I want to see it. You made basically all Fs but yet you can teach yourself more in an afternoon…
The autor is clearly talking of his own experience. He is not generalizing and trying to convince everybody to drop out of college. My experience is that after 5 years of professionnal activity college is not relevant anymore as long as one kept learning and gaining experience. It is what you've done and accomplished that will make the difference and get you closer to success. Beside 44k$/year + interests is far too…
Also, beside that point, this is thrice daily conversation, whether it's Peter Thiel, or KA, or whatever the "anti-college" hit of the day is.
As far as 5 years of experience ... It depends on what you spent 5 years doing.
The $44K/yr is a non-starter. Sure, it's a big waste of money if you get a .33 GPA, agreed. Big deal. That's so much higher than average that bringing this up is sort of a strawman; if that school is way outside of your budget and you're not just dead-set on that school, why go there. That's more than B.S. + PhD for many people. Give me a break!
As far as the idea of college being step closer to success being "plain wrong," this is just a naked assertion that is really generalized and kind of ridiculous.