Why College is a Waste of Time | Student Loans Debt Crisis | The Business Newsroom Episode 7

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Why College is a Waste of Time | The Business Newsroom Episode 8
Are you wondering if you should go to college? Are you worried that you didn't go to college? After seeing a video of Gary Vaynerchuk's College Rant, Neil and Greg Winteregg decided to discuss why college is a waste of time.
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Опубликовано:

27 фев 2019

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Комментарии : 97

@martinnhantran 3 года назад

"college education is only valuable if you're learning something that actually translates into enough income"

@user-lu6yg3vk9z 3 года назад

Those jobs are headed to be replaced or see a massive reduction in jobs.

@jaiden97 2 года назад

Not only that you learn the same staff in high school in college

@qwertyuioppoiqwe 2 года назад

And the average college grad has a degree in nonsense.

@dishappywithlife2556 4 года назад

So I was college in the 90’s when college was affordable. Now I decided to go back to college last year to upgrade so I could get into my program. Two weeks ago after assessing the price and the debt that I would occur I said forget it and dropped out!!! Best decision I ever made; all the things I need to learn, I can get from the internet for free. I will be starting my own design business and to hell with college!

@MatterhornBusinessDevelopment 4 года назад

Good call. Keep following us for help with your new business!

@alexcholagh8330 3 года назад

25 to 30 years ago college was worth it now it's worthless

@israelruelas5756 2 года назад

Shit, even STEM degrees do not guarantee a good job/income these days. And if you owe 400k after graduation and make 120-140k a year, that still isn’t shit, you would have to live very very very tight to pay that back within 5 years, and that just doesn’t happen. People have bills, kids, rent, have to eat, etc… I regret going to uni.

@wendallparker8420 4 года назад

I got out of college without debt. And I’m just happy to be out of it. After college, I read a ton of books, made connections, worked with valuable companies, and built skill sets. I do great now. But it’s definitely not because of my degree. All a degree is simply societal accreditation.Either don’t go to college or choose a school that won’t put you in a ton of debt.

@spacesinger7002 5 лет назад

The problem is that when everybody has a Master's then a Master's degree becomes meaningless. To give you an idea of the saturation crisis, the front desk attendant/secretary at my work has a Master's! lol

@MatterhornBusinessDevelopment 5 лет назад

That is why job qualification and degrees need to be more reliant on capability of the person and their application of what they learned to produce results. A degree doesnt actually tell you how capable someone is.

@dishappywithlife2556 4 года назад

Theodore Frazier agree!!

@user-lu6yg3vk9z 4 года назад

“A degree doesn’t actually tell you how capable someone is”. I have to disagree with this statement. Degrees show how someone can waste money and time.

@gbantock 4 года назад

Depends. I worked for a M.L.S., to be a librarian. To be a professional in a music library then, and now, requires that degree. It was worth it. Still is. However, that varies depending on one's job or profession. I enjoyed university and excelled in music (for my B.A.) and in library service (the M.L.S.). However, if one's studies do not integrate like that into labour that follows, university may not work out in one's work life.

@veryinterested4518 3 года назад

Could just be a stripper

@JTDyer21 5 лет назад

So in a nutshell, you can pay cash for a roll of toilet paper and get more value with less risk than a college degree.

@MatterhornBusinessDevelopment 5 лет назад

Hahaha exactly

@neilwinteregg881 5 лет назад

Lol. It depends. There are some careers that make sense but it depends on where you go. The quality of the education is very important and to be honest that has been dropping considerably

@JTDyer21 5 лет назад

@@neilwinteregg881, well it might depend on the situation, but I can always depend on my Charmin toilet paper, no matter what. I've never had to borrow money on it because it's affordable and I always get the value I paid for in the first place. Never once has the Charmin company stopped me from using the product because I lack experience.

@user-lu6yg3vk9z 4 года назад

RU-vid these videos 1,000,000 student loan host is Dave Ramsey, Peter Schiff College, # Outstudentdebt

@user-lu6yg3vk9z 4 года назад

Let me get your thoughts on the videos.

@thekeepinitrealpodcast4946 2 года назад

Agree, the price and quality of education just doesn’t add up!! Great opinions too

@Jhihmoac 5 лет назад

"I have you know I have a Master's Degree!" - said the burger flipper...

@MatterhornBusinessDevelopment 5 лет назад

😁

@nikkistahr7105 3 года назад

That's about right!

@gaston4269 2 года назад

"you signed the loan, it's ok to take it out of your check" you forget it was a 16-17 year old who signed the loan. That's the most fucked up part.

@certifiedlover2748 3 года назад

College is just overflowed with people who are not going to make much money when they graduate.

@magdalenasantos8734 4 года назад

I think its stupid seeing fast food companies requiring a high school diploma on their application 🤦‍♀️

@bigiecheese919 3 года назад

Why its free

@user-lu6yg3vk9z 3 года назад

Bigie Cheese not free , but I get what your trying to say.

@danielcarrillo1057 3 года назад

My friend from high school, who flunked all of his classes, told me that he's becoming either a mechanic or a construction worker, and not go to a 4 year institution. He said, "What is a college text book gonna teach him?" In other words, he does not need 4 years of wasted time.

@drop_messages6226 3 года назад

If you want a job, go to trade school if you want a social life, make friends through sports or clubs if you want to learn something, you can learn it online These 3 things, you can do for free or little money (or well under $1000) if you go to a traditional, state college, the tuition is what now a days? $40,000 and up?

@Andy-im3kj Год назад

You're better off investing in tangible products rather than that piece of paper. Some colleges want to charge the cost of a new Tesla Model 3, why not just buy a Tesla and hope to make a return off of it in the future (which is more than likely possible) vs. getting student loan debt and not being guaranteed to get a return. This shit is such a scam and how people don't see it is beyond me.

@MrNoahsamen 3 года назад

College is “selling” education not teaching. Simple

@cdcVintage 5 лет назад

Do you want student loans with racking interest rates for the next 25 years? Apparently a lot of people do.

@Vortexnicholas 3 года назад

The problem is university ( at least non science , engineering or law degrees.) doesn’t teach you much practical skills it teaches you too much what is ( theory) and not how to apply ( practical) what you learn to a work environment. As long as you have these high school / family mentalities of going to university is waay better than any other option and the end all be all, there’ll be a over inflation of degrees. Plus you’ll continue have millions of students graduating and ending up doing jobs that have nothing to do with what they learned in university. It’s graduating and then realizing that it’s a uncertainty to get a job.

@thawdani 4 года назад

"id like to apply to this mcdonalds position" "that'll be minimum 2 phd's or 1 phd and a minimum of 2 master's"

@JohnSmith-ps7hf 2 года назад

My ex has an MBA and no job offer. She's gonna take her huge huge student debts to her grave. I went to a cheap community college instead. I made 150k annually.

@europec2082 2 года назад

imagine going to a restaurant and buying a meal that should cost $10 but costs $100.

@socialmoth4974 4 года назад

I did the college route, but I was already employed in my field and took as many credits as possible at our community college. But, I still feel like it was a waste of time.

@Bobxchen333 4 года назад

The problem is that there are a lot of HR managers who filter out your resume if you don't have a college degree. There are a lot HR managers who are very narrow minded and would NOT give you a chance for interview if you don't have a college degree.

@alicea5 4 года назад

Let’s just be straight. If you have the talent, quit school and start your own business. If you don’t have what it takes to be a business owner, suck it up and go to college. Isn’t that what they’re saying?? Cause you see, it is a pattern in their discussion. Person A created a business selling Product A. Person B started a business during college; and make so much that this person and those involved dropped out of college. They wouldn’t be talking about these people if these people dropped out of college and worked housekeeping or at some factory. Illusions after illusions. If you’re the average Joe, you have more hoops to go over. An HR manager usually have an HR degree, so of course they’ll evaluate you depending on your degree even if you have a series of experiences that would make you the perfect the candidate to be taught for their open position.

@catvapecult5876 4 года назад

I rather own the buiness

@alicea5 4 года назад

Theodore Frazier Sometimes, it is not Hr. It is the rule made by the boss and hand down to Hr. I work in Hr, and my boss once told me I was hired because my position doesn’t require me to “major in hr.” I have a degree and some experience that they decide were good quality for this job. My boss was willing to invest in my education toward a Hr degree, however, that is long gone. My company is moving out of town, so my temp goal is flushed down the drain. I think the hr manager does whatever the company decides on. You know the big boss, CEO, etc. Hr’s job is to be the watch dog for the big boss. We can’t always blame Hr.

@alicea5 4 года назад

nadege innocent what’s your degree? Are you searching outside of your area?

@msteach3082 3 года назад

I don’t think it’s narrow mindedness, but rather a narrowing process. If HR gets 600 applications for one job it’s not feasible to screen for potential by going through each and every resume/application.

@Andy-im3kj Год назад

I can tell you from personal experience college is a scam IF you're not going for a job in the medical, STEM field OR one of the few in-between majors that actually land you a decent paying job (ex: Accounting, etc.). Eventually when the market is oversaturated with degree holder (doesn't matter what kind) your degree eventually will be worthless and you'll have to fight over every little skill you have with hundreds of applicants who have similar experience. The way colleges are setting up the system is going to make things so cut-throat that new grads will have their heads spinning with how much of a fight they'll have to put up just to stay afloat. And of course, the fact that you can't declare bankruptcy over student loans is another major reason why it's a scam. What makes me angry is that these colleges are willing to bring the entire country's education down with them for the sake of a few peoples profitability. How more people aren't angry over this is insane.

@nauj92 4 года назад

I'm just realizing this in my junior year and I'm so anxious about student loans and my future.

@dishappywithlife2556 4 года назад

Naujia Godwin get out before it’s to late

@xcen1 4 года назад

Don't get in debt. I hear to get out of debt people just move to another country. Like say you go work in Germany or Uk after you graduate. But the only problem is certain euro countries make it hard for you to be a citizen. And if you move back to usa for retirement well you didn't paid any SS taxes so no SS retirement.

@user-lu6yg3vk9z 4 года назад

Don’t go into until u find exactly u know what u want 2 do. Check all avenues look into trades. Make sure you know all the cost and how much you will make.

@dargm818 5 лет назад

It really fucking sucks when the college guidence councilor tells you to switch your passion because 9 million other people are majoring in that same exact passion, so you have to pick something that makes you miserable.....

@MatterhornBusinessDevelopment 5 лет назад

Don't listen to what the guidance counselor thinks. You'll end up working in a University or work somewhere hating your job. Not all counsellors are bad but too many people handing out advice are people who gave up themselves of ever doing anything different

@y1e2t34i 4 года назад

I don' think college is for everyone and if you have strong spatial skills or the gift of gab, there are probably better ways to spend your time. I'd argue, however, that this is not true for most people. The college degree is really an insurance policy; during the last recession we saw unemployment rates for people with college degrees to be roughly half that for those without BAs/BSs. I don't disagree that inherently there is no true need for a college degree in most cases. The problem, though, is twofold: 1). A large number of companies simply use software that will exclude those without college degrees for a large number of high paying jobs 2). Companies have externalized the cost of training onto colleges and universities. In a perfect world, companies would not use college (or graduate) degrees to determine the value of an employee. However, it is a wicked world we live in.

@computer-training-for-seniors 3 месяца назад

As a small business owner the only person I would not hire is a college graduate.

@computer-training-for-seniors 6 месяцев назад

Calvin Coolidge - “Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race.”

@KaiserInGilroy2K 2 года назад

I Graduated community college in 2004 and I’ve been working at the same company for nearly 18 years. Also, ZERO student debt. I make more a month than a Gender Studies grad.

@ReflexRL 4 года назад

5:54 Well said.

@MatterhornBusinessDevelopment 4 года назад

Thanks!

@camilabaxter2543 4 года назад

You can’t do certain jobs without college, my sister wants to be an engineer but she can’t be an engineer if she doesn’t go to college. College is an investment, not a privilege. Also it depends on what you study. Of course you will be payed more if you are a doctor than if you are an artist, so you can pay off you loan

@SA-xt1gd 5 лет назад

Financial Aid paid for my community college and university and im going to get my bachelors. I kinda wish i can go back and study dental hygienists in community college 2 years and easy money

@MatterhornBusinessDevelopment 5 лет назад

Hygiene school is a great investment because hygienists are in high demand right now and make over $35/hour. There are plenty of opportunities like this where a two year degree can really pay off. Find a field you like and go for it!

@user-lu6yg3vk9z 4 года назад

RU-vid 1,000,000 student debt host is Dave Ramsey. Let me get your thoughts.

@MisterTutor2010 4 года назад

Occupation: Biochemist, Cancer Research PhD Completion: 2015 Salary: $52,000 per year May 2016 Balance: $51,000 May 2020 Balance: $504 Earliest Zero Balance Date: June 1, 2020

@slimbravo8778 3 года назад

Today’s date 2021

@europec2082 2 года назад

Universities should get rid of sports programs

@kynchan3332 2 года назад

It is increasing important to learn relevant information and then to apply it as quickly as possible. The world of work is increasingly changing, faster is one change. Colleges usually teach topics of questionable value, set by academics and not by industry. The curriculum is usually broad with very little that is relevant. Spending 3 or 4 years learning mostly irrelevant topics is very risky for the student. Even worse, it costs plenty to take on the risk. The degree is perhaps 5% relevant and costs a lot and a trade is 95% relevant and the apprentice is paid it seems obvious what to choose.

@Andy-im3kj Год назад

I agree. Even if it's not a trade anything at this point that gets your foot in the door of some industry is better than sacrificing 4 years of your life in the hopes that the field you're studying in is still around and profitable by the time you graduate. These students don't add that to their equation when adding up their debts. Most I'm afraid don't think critically of their situation and thus why they're dead set on regurgitating information to pass exams. I also blame the K-12 education system, too, because without them we wouldn't have the loads of people who blindly believe that without college you won't make it anywhere.

@xcen1 4 года назад

I'll bet one day new colleges are going to come up from fortune 500 companies. Like microsoft U, apple U. Because besides going into debt if you take liberal arts in college these young people are being indoctrinated by far leftist marxist teachers. They learn things like toxic masculinity, hate speech etc... Unless you're smart enough to adapt and do the job you're told to do. Coporations will be sick of unqualified college graduates. Also there's talk of many colleges already closing their doors. Since people are having less kids, there are simply less customers.

@MatterhornBusinessDevelopment 4 года назад

That’s a cool idea!

@jaiden97 2 года назад

What the point of college your basic you learn the same staff in high schools in college I know this because I am in college learning how to be effective writer when I already learn my freshman and Sophomore year in high school

@alicea5 4 года назад

We go to school to get “high paying job.” That’s what we were always taught. Statistically, people with higher education get pays more when they are working in their field of study. The government wants everyone to be educated, but there aren’t job markets for college majors or the pay for some major is less than the degree itself. Education is now a product, students are consumers. Education is being used and has always been used as a way to distribute goods and resources. Our system is set up this way: the big boss, the middle boss, and then the tiny ants. With AI coming in, We will see the things we see in movies come true.

@xcen1 4 года назад

Besides that have you looked into the college graduation rate in america? Its only 52% of people who start a 4 year college graduate. There lies the problem you have only half of people going into college belong there. I dropped out myself.

@zamorjanerson768 3 года назад

900$k 💀 for a surgeon 💀

@CarlosMartinez-fv7dk 2 года назад

Apprenticeships, Apprenticeships, Apprenticeships, Apprenticeships, Apprenticeships,!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@007thematrix007 2 года назад

quarter of a mil. bucks debt for dental school?! 😳 ..... ehhgaaaddddd

@Mikebuddy2229 3 года назад

Here is what should be done: The Federal Government need to stop insuring student loans. The Student Loan Program is a failure. Colleges/Universities need to compete with one another and the cost will decrease. Whenever the government gets involved, costs almost always rise.

@computer-training-for-seniors 3 месяца назад

2 trillion dollars of student debt.

@raisa_cherry33 2 года назад

Everyone got skeletons, who cares 😂😂😂😂😂😂😂😂 couldn't agree more!

@tommyeli88 4 года назад

Join the military for 3-5 years get experience and a free college degree.

@amazinglats6020 3 года назад

I’m in the military and don’t even want to spend the time on college there’s so many productive things I could be doing instead

@tommyeli88 3 года назад

@Alpha Omega lol I can tell you never been in the military before. Going on 15 years in the military and deployed twice. Guess how many were in in a actual deployed environment like Afghanistan? Stop looking at the news with these lies. I’ll have a better chance dying in the streets of America than been deployed in hostile environment