Information and Links
Join the fray by commenting, tracking what others have to say, or linking to it from your blog.
Don’t Send Your Kids To College?
There is actually a hedge-fund manager and author, James Altucher that wrote a book called just that. So what is his logic behind this? It’s that with the unstable job market, rising education cost and the fact that kids tend to spend most of their time dropping out and partying while in four-year institutes, that parent’s and kid’s are just wasting their time and money. His philosophy is that if you have any money and they have the time, give it to them to travel or start their own business. And while the general public may be weary of calling our educational system a “scam”, he does make some valid points that we need to wake up to. If nothing else, it makes me feel a little better about my own educational path in life.
I went to college not to get a four-year degree to put on my wall, meet people that I would probably never see again or even to find a husband, but I went with the intentions on owing the least amount of money possible, spending the least amount of time as possible, being highly likely to find a job in something that I enjoyed doing. I accomplished all those things with a business college that offered a $17,000 one year program that had a 90% job placement rate. Right out of college I lucked out in getting a job in graphics that lasted almost 8 years. I had the job long enough to see me through paying back the student loan, buying a house and raising some of a kid, lol. So in my mind, my risk paid off.
However, many people are not feeling so lucky and equally I have had no luck in finding another job in graphics since that wanted to pay enough to live off of. Actually most of what I have heard, is that many of the jobs have been sent to India, although I still see programs and schools pushing their graphics programs all the time. And what makes it even worse is that what I did and learned in college, isn’t too shy of what I can learn now on my own with the power of the great and almighty internet and a few office tools. So does it usually take a degree to be hired by someone with a degree? Yes, this still rings true in corporate America. Although it does seem to be making less and less CENTS these days. Power to the people! 
Thank you for providing a precised and compact delivery of your article. I am impressed on your distinguished way of delivering an interesting topic about the book written by James Altucher.