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I'm not going to pile on college, or defend it for that matter, but I will make a couple observations.

First, if you just spent many years of your life and tens of thousands of dollars on something, it's going to be a great thing. This is "mountain climber" syndrome, which says that after you spend all that time and pain climbing the mountain, it's going to be the best experience ever.

Second, if the cost of college is rising faster than the cost of inflation, the question isn't is college worth it, the question is is college worth it so far. Because at some point it's not going to be worth it. The only question is when.

I'm a huge fan of education. Personally I wish that everybody had the equivalent of a 4-year degree in liberal arts before even starting on the rest of their education careers. But I think it's painfully obvious that the idea of college as being a simple ticket out of anywhere has gotten a lot more complex than it used to be. Lots of factors to weigh. Hard-working people who self-educate do well with or without college. Other folks may be thinking that college is giving them something that it isn't.

Not only is the cost an issue, but technology is moving so quickly that having a little stamp of approval isn't going to hold weight like it did even back forty years ago. If you're in the technology field and your degree is more than ten years old? You've got an ancient history degree, sadly.




I'm a huge fan of education, but spending 4 years on a liberal art degree is a huge waste of time. It will not land you a job.

If you actually want to learn something, go online. Most of the information is out there.


everybody had the equivalent of a 4-year degree in liberal arts

nobody is saying spend 4 years in liberal arts. The point is that a 4-year degree that would give you a wide cultural background (and no, I'm not talking talking-to-trees, I mean things like classics, history, art, etc) and allow you to enjoy life more. Doesn't have to take any extra time. You can do it anytime you like. I just think that there is a great benefit to the things offered under the title "liberal arts" -- much more than we analytical people like to admit.

Yes, short-term, get something that works for you. These short-term, long-term value decisions is exactly why it's such a difficult conversation to have.

Sadly, we've created a system of higher education that I think has developed a system of courseware with a very high impedance mismatch with the criteria use to decide. That just makes figuring out the usefulness of college tougher on everybody.




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