10 reasons why college should be abolished
TRANSCRIPT
10 Reasons Why College
Should be Abolished
Are You Paying Attention?
The sacred institution of college has ruined an entire
generation of Millennials. Many of whom are pushing
30, are still underemployed, loaded with student loan
debt and will never earn enough money to justify their
over-priced pieces of paper.
Do we really want to push this system on to the next
generation?
This system no longer works and it’s not fixable. I
repeat. It is not fixable and we must stop pretending
like it is.
Here’s 10 reasons why college should be abolished.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
1.) It Provides No Greater Access
to What You Don’t Already
Possess
Thanks to technology and the evolution of progress,
textbooks, libraries, computer labs and course
curriculums are now completely worthless. Did you
know that back in the day, the major draw to attending
college was access to the school’s resources? Since
the Internet and personal computers didn’t exist 30
years ago, many people had to attend college so they
could get access to emerging technology and books.
Here’s the problem we face in 2014. Now that
everyone has a personal computer, smartphone and
tablet, why do they need a college university to teach
them and expose them to things that they already have
access to?
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
2.) It’s Out of Touch
The college system has become shamelessly arrogant.
For decades they’ve held an almost God-like power,
whereby people hung on every word and belief
universities stated. Most of all, people believed and
continue to believe that the college system can
somehow predict the future of employment. Since the
world moves at such a rapid pace and changes
direction so swiftly, the college system will never be
able to accurately predict emerging job markets as it
once did and they most certainly won’t be able to
predict how long industries will last. They used to be
able to, back when an industry lasted 20+ years, but
those days are over. Now that the Great and Powerful
Wizard of Oz has shown himself to be nothing more
than a mere mortal, what do you need him for? He can
no better predict your ability to get and maintain a job
as a Meteorologist can accurately predict the weather.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
3.) It Cost Too Much
College used to be affordable. In 1978, a student who
worked a minimum wage job all summer could pay for
one year of tuition and fees at a 4-year public
university, with enough money left over to cover 50% of
room and board. Today, a student would have to work
another 4 ½ months at minimum wage just to cover
tuition and fees (source: #raisethewage)
Are you really willing to spend the amount of money
equivalent to paying off two luxury cars or half the cost
of a home on a college degree that will likely not
prepare you for the real world, not prepare you for a job
and not get you a job?
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
4.) It Won’t Get You The Job it
Claims it Will
Job placement for recent college graduates is at a
historic low, but how can that be when Millennial’s are
the most highly educated generation in human history?
College has been masquerading as an institution built
on its primary purpose being to educate people so that
they’re smarter and more intelligent. That notion is built
on a lie. It’s a marketing gimmick that’s worked for
decades because it sounds sexy to say you’re smart.
The real truth is that people go to college expecting to
get a job. College doesn’t teach skills necessary for
today’s rapidly evolving job market, so why on Earth
would you pay tens of thousands of dollars to learn
stuff? Have you heard of the Internet? Learn stuff there
if you want to be smarter. It’s free.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
5.) It’s a New Dawn and a New Day
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
We’re living through The Age of Experts. Employers
need people who are experts in their fields. This is very
different from the last generation of paper pushers and
project managers.
PP’s and PM’s are slowly but surely losing their jobs to
downsizing and computer programs that do their jobs
much faster, more efficiently and much cheaper.
The issue of college comes into play when realizing
that these institutions are still pushing people to pursue
worthless degrees in marketing and business that lead
to a job as a paper pusher or project manager, where
they’ll eventually be laid off annually hoping they find a
new job before the lights get turned off.
6.) Being Smart No Longer Matters
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
Remember being a kid when everyone would tell you
how smart you were? As you got older, you heard it
less and less. Not because you got dumber as you got
older, but because everyone else eventually rose to the
same level. As the clone machine did it’s work, by the
time high school graduation came around, it eventually
stamped out enough carbon copies, making you no
smarter than the person to the right or left of you.
College fools people into believing that being smart
advances you in the job market. So what do people
do? They get degrees in Eastern Philosophy,
Psychology, Art History or some other intellectual
“smart guy/gal” degree that has zero value to an
employer. This is an outright scam, and it’s continuing
to be propelled by the notion that being smart still
matters. What a joke.
7.) It’s a Waste of Time. Literally.
A Bachelor’s degree takes most people half a decade
or longer to complete. In this day and age, the world
changes too rapidly to waste time pursuing something
you sought out to accomplish half a decade prior. By
the time you graduate with your Bachelor’s degree,
there’s a high probability that
A.) The career/profession you sought 4 - 6 years prior
no longer exists or has been completely disrupted or
B.) The information you learned for the past 4 - 6 years
is now completely obsolete.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
8.) Too Much Supply.
Not Enough Demand
America loves to brag that Millennial’s are the most
highly educated generation in human history. What
they won’t tell you is that Millennial’s are also the most
underemployed generation in human history. This is a
result of the carbon-copy attributes they each posses.
Since an overwhelming majority of college pursuits
only teach you how to be smarter, which as I
referenced earlier is now worthless, there are millions
of kids with the same zero skills and zero experience
competing for the same very limited jobs. To make
matters worse, they’re not just competing with people
in their local areas. They’re competing with the entire
planet. Employers would prefer to farm-out work
overseas or higher off-site contractors than pay you a
salary with benefits and a pension.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
9.) It Kills Creativity
Your youth is the most formative years of your life. The
ages of 18 - 25 are particularly important as your brain
is beginning to fully form it’s ideals, beliefs and
thoughts about yourself, the world, and where you fit
inside.
When you waste these years spending them following
direction, being told how to sit in your seat, shut up and
do what you’re told, you become even more of a clone
than you were during your adolescence.
Creativity is all that matters now. Employers want
people who can think outside the box and create
things, because creating things of value makes money,
and businesses like money. So go to college. Stifle
your creativity and you’ll never live a life of prosperity
or security.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
10.) You Can Teach Yourself
Thanks to The Internet you can teach yourself just
about anything for free or maybe $20 bucks for a book
or online course.
Education has become open source. The institutions of
higher learning hate this, because those gatekeepers
who previously held a choke hold on knowledge no
longer own the keys to the kingdom.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
So Now What?
By now you’re probably thinking…
“If college is to be abolished how will I make a living or
get a job?”
I’m not going to pretend to provide a blanket one-sized
fits all answer to this question. Unlike college, I don’t
believe I’m a God and can predict your future. What I
will say is that you should not attend college by default.
This is what happened to The Millennials. Everyone
went to college and didn’t pay attention to any of the
pertinent details such as how much it would cost, job
placement percentages or the evolution of the job
market and the role technology would play. Think.
That’s what you need to do. Use your brain, find your
own path and blaze a trail.
Michael Price
Author: What Next? The Millennial’s Guide to Surviving
and Thriving in the Real World
Interested in Learning More?
Checkout my book.
Topics covered:
- High school- Higher education- Career- Entrepreneurship- Financial literacy- Message for parents
www.whatnextquest.com
“If you’re a Millennial wondering ‘what next’ in your life,this book is for you. Michael Price has been there and done that and offers his advice in a no-nonsense style readers will love.”
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