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College is a waste of time and money for kids

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Re: College is a waste of time and money for kids

#42
post #16

Earlier quoted context omitted.

$50,000 per year is not actually that high in the grand scheme of things as a total cost to attend a private college, since most undergrads depend heavily on their parents for financial support. If you subtract a base tuition of $35,000 from that, you're left with $15,000 per year as total living expenses. That's barely over $1200, and has to cover not only rent and food, but textbooks, computers, and other costs of…

Yea, but that would assume a base tuition of 35,000, which there is no reason to spend. Go to a state school if the money is an issue, out of state to Penn State, considered one of the more expensive state schools, is 24,000 a year. That leaves 26,000 a year for living expenses. In state is even less. At my school it is 18,000 out of state and 7,000 in state and we're top 25 nationwide in both of my majors. My apartm…

Going to a small, private college is also a completely different experience than attending a large state school. The entire pedagogical style is difference: small (I'm not saying that private schools make sense a strict cost/benefit level; if you read my other posts in this thread, you'll see that I'm nearly as dubious as the author of the original article about the real economic benefits of a four-year degree. I just don't think that $200k is an unusually high total cost for four years of college.

Re: College is a waste of time and money for kids

#43
post #33
post #23

Earlier quoted context omitted.

it amuses me that people advocate the importance of college -- supposedly an educational institution -- based in part on parties and sex. and in part based on avoiding work. if you can pay for college, you could pay less to not work or go to college. and still party and have sex, if that's what you care about.

It amuses me how some people say that college is not worth their time and money. Maybe you stop taking easy clases? Get the challenging ones? Don't overpay for school? Nobody is measuring the importance of school, on how much fun you have with it, but what I am saying is that you can learn a lot, and yet have a great time, and yes even fun. Unless you are sociophobe, scrooge, or something, most humans want some fun o…

i didn't say college is a waste of time, i pointed out one way the pro-college arguments are flawed. repeating myself in different words: some arguments advocate a lifestyle (college) in part for certain benefits, that are easily available from rival lifestyles. so they are not an advantage over college's rivals. so they should be left out of the discussion.

Re: College is a waste of time and money for kids

#44
post #36
post #8

Earlier quoted context omitted.

I'm sorry but I disagree. Traveling is certainly something that is worthwhile, but it's hardly the determining factor in one's personal development that you're making it out to be. I've been to a lot of places, and I still value things like the books that I've read, personal relationships, real experience etc etc a lot more. Sometimes all travel contributes to is pretentiousness.

sorry, but taking a cruise to bahamas,or a two weeks trip to europe doesn't make one a "well traveled" being. Living in a different country for a while, it will open you a whole world of differnt perspective, and experience things that you just don't when visiting a place for a few days. yes, just the fact of knowing a foreign language, (well), tells a lot about a person.

Agreed. It really depends on the kind of travel. Watching other people commute is not mind expanding. That said moving somewhere totally different and working there for a year is.

Re: College is a waste of time and money for kids

#46
post #24

I was with him right until he say not to travel. Travel is the single biggest step in developing a proper perspective of life in this world, and what part you'll choose to play in the future. At 25, you can tell if someone has traveled or not by having a 15 minute conversation with them. The traveled ones are always much more rational in thought, and open in mind, and aware of the possibilities. Non traveled folk ten…

the internet has made travel obsolete :)

come travel and downmod me to my face ;)

Re: College is a waste of time and money for kids

#47

Hes off the mark by a long shot. Is college right for everyone? No, and on both sides of the equation. A very small group of people are too smart for it, get too constrained by it, etc. There is a much larger group of people who are not smart enough for it, or don't work hard enough to get there. For everyone else, it makes sense. To say that you won't make up the money (and he says 200,000 - 400,000, that is a 50,00…

Agreed--the finances claim is outrageous.

What people don't understand is that there is SO, SO MUCH MONEY out there!!! You just have to find it!!! There are scholarship, grants, loans, work study, tuition waivers, in all shapes, sizes or flavors. If you really, truly want to go to college, then money should NOT be your impediment.

Re: College is a waste of time and money for kids

#48

I was with him right until he say not to travel. Travel is the single biggest step in developing a proper perspective of life in this world, and what part you'll choose to play in the future. At 25, you can tell if someone has traveled or not by having a 15 minute conversation with them. The traveled ones are always much more rational in thought, and open in mind, and aware of the possibilities. Non traveled folk ten…

It's pretty easy to traipse through Europe and not learn jack shit if you're poorly read. I've met a lot of total ignoramus ex-pats who've been living overseas for years.

I don't even think spending time overseas in the industrialized west is much of an eye-opener. Appalachia would probably be just as much of an experience for a lot of people.

Re: College is a waste of time and money for kids

#49
He says, "I can’t remember anything good coming from my freshman year – other than starting a business with a few of my classmates, which inspired me for subsequent businesses."

So, he found his calling in College? A waste of time? Could he have started this first business without attending college?

Re: College is a waste of time and money for kids

#50

I could, and did, write a book ( http://www.aarongreenspan.com/authoritas.html ) about this subject, namely, why the American educational system is broken. I found college to be particularly difficult, but even so, I still think that James Altucher is wrong. Not only is his analysis wrong, but his facts are wrong. Unbelievably expensive though it may be, I know of no college that costs $400,000 over four years. Stude…

I am repeatedly amazed at what kinds of people leave comments here.
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