Most of us are told when we are young that we need to go college to make a better living. The say that on avarage after college a person can earn $1 million more in a life time than if you don’t. It’s a joke in my opinion if you ask me.
Not only our education system is so broken right now but by the time you graduate you are basically screwd. Don’t get me wrong, I am sure there are still some professions (like doctors for example) where the whole going to college thing still applies, but for majority of people it’s not a guaranteed solution to earn a better living anymore.
Everything is changing so fast nowadays that what they teach you in college is outdated by the time you are done with it. In today’s economy there is a huge need for specialized professions that didn’t even exist 5 years ago.
I know a lot of people that needed specialized training before getting hired and the job had nothing to do what they were studying in college. They didn’t even know these jobs existed. Now they are paying off loans that they can’t repay in time and the interest is eating them alive.
Anyway, I was watching a video on YouTube the other day from National Inflation Association. I don’t agree with everything said in the video but it does paint a true picture of our education system.
Check it out
It used to be much more affordable to go to college that’s why our parents told us that that’s the only way for better future. What they didn’t realize is that in today’s economy this kind of thinking is no longer valid. Inflation is huge and it gets worse and worse each year.
When you take a student loan you basically now sign your life away. By the time you graduate the interest on that loan will start kicking in and you will have a hard time keeping up with it.
If you manage to get a job and on top of that get a mortgage loan to buy a house, you will become a slave of the system. Trust me, you don’t want that.
I think nowadays it’s much better to learn specialized skills right after high school and start working on your own business instead.
You don’t want to look for jobs, you want to create them.
Of course, it’s easier said than done, and bills need to get paid so sometime getting a job is a must. But to be honest I would rather take a business loan and take a risk with that than getting a student loan and getting f***ed.
Some of my friends went to college and now are working jobs that anybody can get after high school. I mean it’s getting really bad out there.
Think about it, would you rather take a business loan and start something now that could provide you with financial stability for years to come or get a student loan and then basically hope that after 4 years of studying you will find a job?
In those 4 years you could be making money and have the business loan paid off many times over!
It’s not as easy to find a job anymore as they want you to believe and the competition is insane because everyone is getting a degree which no longer holds its value like it used to.
With the power of the internet you can now build your own brand and become free. Capital is still needed because it takes money to make money, but there are ways around it. Check out my post about how to get funds for a business I wrote a while a go.
I don’t recommend anyone going to college anymore because I don’t see how it’s going to help them make more money. Maybe I am wrong, but I know that millionaires are being made online and some of them are even high school dropouts lol
People need to open their eyes and realize that everything is heading in a different direction. Technology is advancing fast and new specialized jobs that don’t require college are being created that didn’t exist a week ago or even yesterday.
If you want to get a headstart then build your own online business. Internet is changing everything! Small time affiliates can earn a full time income with just 4-5 niche sites. Most of the time they earn more than most jobs out there pay and they don’t even have to leave the house.
I would be really scared right now if I was fresh out of college with a student loan to pay. Unless you are lucky and your family can support your education I wouldn’t waste 4 years of my life to learn stuff I won’t need to make money.