Posted on 02/21/2024 12:35:22 PM PST by george76
New analysis finds 1 in 4 students in college programs earn less than high school graduates, ten years after enrollment
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Famed former Wall Street broker Jordan Belfort commented on the diminishing value of a college education, after a new report found some college students learned less than high school graduates a decade after their enrollment.
College is a "complete waste of time" for most students, ...
"If you want to be a professional, a doctor, a lawyer, an accountant or something that really requires a degree then yes, you should go to college
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"But all of these other sort of softer subjects like gender studies and all this other stuff, what are you going to do with that stuff, honestly? So I think it’s a complete waste of time," ..
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Aside from the financial impact, Belfort said he couldn't even recommend that students attend for the social experience anymore, as college campuses have increasingly become hotbeds for far-left social agendas.
"So, unless you need it for your career, you want to be a professional, I'd avoid it like the plague," .
A new analysis from the HEA Group found that 1 in 4 students in higher education programs are earning less than the median annual income of $32,000 for high school graduates,
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So many people I know are just overwhelmed and confused by anything about finance, banking, money management, but if you learn it at a very young age, along with your arithmetic tables, I think you'd be a lot better off," Belfort continued.
"The Wolf of Investing" author said financial literacy principles and subjects could be built upon as students get older so that by the time they are adults, managing their finances becomes "second nature."
(Excerpt) Read more at foxbusiness.com ...
NOW, you tell me!
I’ve been arguing for years that the guaranteed student loans should be guaranteed by the educational institution themselves. They would be incentivized to keep prices lower and give degrees that may lead to actual knowledge and skills. Instead, they charge six figures for useless degrees and have the taxpayers on the hook while they raked in the money.
But they get to wear a t-shirt that reads: I’m Glad I Are a College Student.”
But what will the woke do?!
Get the government out of student loan business and let the colleges deal with it. They’d have to charge less and offer real degrees since they’ll be on the hook on getting paid back.
Yes, for professionals, University is still the gatekeeper. I don’t know, maybe you can take the bar exam with out a degree, but I doubt you could ever be licensed as a doctor without one.
There is also a caveat for personality.
Some people are self starters/motivators, and they can learn better and faster without having to sit in a lecture hall and a lab several times per week.
Other people need the structure.
I’d rather hire the self motivator, personally, but I guess there’s a place for everyone.
Ah, Jordan Belfort. Exactly the sort of person we should be listening to when it comes to how to order society.
One used to be able to read for the bar. and study under a lawyer and in a firm
Same for medicine
I agree that some professions, like medicine and law, need some university time, but by and large, the workplace (and the real world) is the best place to learn.
Bring back apprenticeships for the trades!
Colleges Now a Breeding Ground for Mediocrity
https://www.newsweek.com/colleges-are-now-breeding-ground-mediocrity-not-meritocracy-opinion-1751997
I think the optimal path is part-time, while you are building a career....obviously focusing on the educational needs that will make you better, but not taking time off from working to do so....
there’s still value for a person in business to for example learn accounting....and it’s super valuable after/during you actually working in business - it all just makes sense
but the point being: the default position of devoting 4 years when you are young and able to work to college is wasteful
Why do you suppose that is?
What? The degree in vaginomics didn’t pan out?
That means their evil ideology will die, thankfully.
That’s a good idea.
Excellent suggestion on how to handle this issue, nationally.
A lot of college majors are a waste of time and money. And many colleges are way overpriced. But there are good reasons for kids going to college if they have defined goals and a plan to achieve them. You have to go to college to be a doctor or lawyer. Or to work in certain financial professions. But going to college and majoring in some liberal arts course with no plan, aim or goals is a recipe for disaster.
Yes, the part-time, as needed, approach makes the most sense. People often go to college just to get the credential, and not to learn anything in particular. They go because they have been told to go, and so it ends up being a very costly waste of time (besides being brainwashed with leftist propaganda). Get into the workplace after high-school and see what you are good at and enjoy. Then maybe take courses part-time, as needed, to enhance your career. The student then will be more mature, motivated and selective in taking any needed courses.
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