- Thread starter
- #14
I think you guys are missing the point.
The conversation in this thread is using statistics from 40 years ago to calculate whether college is worth it. Senators, Congressman, CEO's, Forbes powerful men... the average person on that list went to college 40 years ago.
The main takeaway I got from the video is that college is no longer worth it. It's a financial decision and today it's not worth investing in.
The cost of college has more than tripled in that time. Doesn't sound like a lot, but it adds a lot of debt:
And earnings haven't really increased:
Back in the old days, people could work in the summers and pay off their college tuitions:
Now, you're pretty much F*cked.
The reason I shared the video is because I thought it provided a good thought pattern on why college is not worth it anymore as an investment TODAY. Yeah, it might have been worth it 40 years ago, but today the numbers have changed completely.
The conversation in this thread is using statistics from 40 years ago to calculate whether college is worth it. Senators, Congressman, CEO's, Forbes powerful men... the average person on that list went to college 40 years ago.
The main takeaway I got from the video is that college is no longer worth it. It's a financial decision and today it's not worth investing in.
The cost of college has more than tripled in that time. Doesn't sound like a lot, but it adds a lot of debt:
And earnings haven't really increased:
Back in the old days, people could work in the summers and pay off their college tuitions:
Now, you're pretty much F*cked.
The reason I shared the video is because I thought it provided a good thought pattern on why college is not worth it anymore as an investment TODAY. Yeah, it might have been worth it 40 years ago, but today the numbers have changed completely.