The case against college.

Hey Bespoke, are those government statistics?

I remember watching the BBC and some twat beuracrat was claiming that the reason that prices and loans were so high was because of the earning potential students have. But you'll actually find that companies are hardly going to pay a ton of money for a masters degree student fresh out of the boat with bugger all experience unless you can point me to a source that says otherwise.

It's a scam, pure and simple I hardly ever see even the most normal of jobs kicking students for degrees, they just ask for specific skills.

If I could turn back and get something useful that would actually help me get a job then I probably would have. The only problem was the education system pretty much dumbed me down on that aspect of life until I got seriously angry and started looking up all this stuff on the internet. I even pretty much told the new folks looking at this course straight to go for programming or something because otherwise they were screwed. In case you were wondering, I couldn't drop it because they have a law in the UK for some stupid reason that says you can't drop the course if you enter it below the age of 18 and my parents were even bigger assholes on the matter.
 
^do you think the people at Goldman Sachs got in without degrees or just vocational school? You can't even work institutional sales anymore unless you went to an Ivy league or equivalent school. They don't give a fuck how much experience you have unless you have the pedigree.

I DIDN'T go to an Ivy league school because I fucked around. But make no mistake, the ROI of an ivy degree is higher than any other asset class...hell its higher than the best traders if you look at kids who preselect into high earning occupations...

Even a top public college provides a much higher ROI than any asset class.

So strange that traders don't get the time value of money....

Also, it's not about what you learn in undergrad. It's about signaling that you're smart enough to learn what you need to...
 
Pointing out Goldman Sachs is possibly one of the worst examples you could ever give to me for wanting an Ivy League degree lmao! That's a dead institute, as soon as the Government stops giving it money and the Federal Reserve stops printing it will die before it even hits the ground.

Yeah, lol! That Ivy League education sure helped them! LOL :D
 
Quote from Lethn:

Pointing out Goldman Sachs is possibly one of the worst examples you could ever give to me for wanting an Ivy League degree lmao! That's a dead institute, as soon as the Government stops giving it money and the Federal Reserve stops printing it will die before it even hits the ground.

Yeah, lol! That Ivy League education sure helped them! LOL :D
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Funny thing is, the average annual bonus those worthless "ivy leaguers" at GS was 700,000 this year. Do you think you can even make that much in 20 years total?

Get real and stop hatin.
 
Did you know that the majority of those bonuses were paid out through government tax money which was also printed or borrowed?

Get real yourself.
 
I work in sales right now. There are about twenty reps in my office. Four of the reps have an MBA from top 20 schools and one rep has a PHD from a top 10 school.

I have a college degree from a top 50 university. What's the point of getting an MBA or PHD when these guys are doing what I'm doing.

The owner of my company is a college dropout that's worth about 400 millon....I can't figure anything out anymore.

My landlord never graduated high school. He got involved in real estate when he was young...he's 59. He's worth 15 million.

There's no easy road to anything anymore. There's nothing like good old hard work

A friend of mine from college dropped out and started a dotcom he's worth about 10-20 million.

If you really want to make money and enjoy freedom start your own company. You may not become rich but you may make more money than someone with an MBA
 
If you really want to make money and enjoy freedom start your own company.
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Make sure it is a cash business or at least a fair portion of your business can be done in cash.

Secondly, explore a way to hedge your business against a downturn.

Your business should own a piece of real estate.

Every customer is an asset and if they can't pony up a referral, caveat emptor. For example, having one or two large corporate customers will not bring referrals, they own you.
 
Quote from Lethn:

Hey Bespoke, are those government statistics?

I remember watching the BBC .
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your posts evidence the lack of education you proudly proclaim...

Seriously, doesn't it bother you to drool and slobber in public?
 
Quote from lasner:

I work in sales right now. There are about twenty reps in my office. Four of the reps have an MBA from top 20 schools and one rep has a PHD from a top 10 school.

I have a college degree from a top 50 university. What's the point of getting an MBA or PHD when these guys are doing what I'm doing.

The owner of my company is a college dropout that's worth about 400 millon....I can't figure anything out anymore.

My landlord never graduated high school. He got involved in real estate when he was young...he's 59. He's worth 15 million.
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College graduates should probably have a much better grasp on the difference between "averages" as Bespoke said above vs. "cherry picked examples" as you are attempting to use here.

Seriousy "I know a person who" is a terrible argument for proving anything.

There have been a few big lottery winners. But does that make it a better career or retirement choice or pure dumb luck? Or perhaps "be born to wealthy parents"
 
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