It's puzzling why young people would take out loans surpassing $100k+ for degrees that might not offer practical benefits. The fiat system is designed to keep you in slavery !
Discussion
Because they dont's see any other path and they've been told for years that in order to get anywhere in life you have to go to college or end up working at mcdonalds.
He said "for degrees that might not offer practical benefits."
Because they are lost and nobody is guiding them otherwise. This was the case for me. I had no idea what I wanted to do so I just did what I thought might be a productive use of time. of course it wasnt, because I didn't figure out what I wanted to do until much later.
Unfortunately, where I am from in many cases parents decide whom their kids will be in the future, I wasn’t exemption. So, here I’m with Master’s degree in law doing bitcoin stuff 😁🫡
Welcome to bitcoin, where degrees don't matter and nobody cares about credentials 😂
This is the future I care for
I have a BANKING AND FINANCE degree
LMAO
My favorite feature. 🙏🏻
degrees are unimportant
Masters degree in electrical engineering & information technology .. just doing "stuff" 😅
Used to be free here. And the previous generation even received grants to study for a degree. World’s gone mad now. Now only arguably worth it for the strictly vocational or highly specialised degrees IMO.
education should be free!
Education is free. You just need to know where to look.
Now “approved” and “accredited” education you’re talking about.
Institutional education should be fairly priced.
Mass removal of Administrative glut.
Removal of moral hazard that is rubber stamp loans. If you know you’re going to get paid anyway, wouldn’t you just jack up the price?
Well I come from a country were education is completely free up to a degree with honors level. And, most degrees also pay students a small monthly stipend as an incentive to continue studying.
So to me, I really find it wired that anyone would get into so much debt just to get accredited education.
The thing is that even with such great conditions, the educational system here is still fundamentally broken as it does not help students develop the skills needed to thrive in life, but at least it does not burden them with huge student loans
I don’t know what country you are from and therefore don’t know the social and cultural context.
I would say that maybe college doesn’t need to be free but just worth what it provides.
Nothing is free and maybe that money could be put to better use by productive people. Especially if nothing is really learned overall.
Here in the US it shouldn’t also need to be seen as compulsive. Most of my peers found their initial majors too hard and opted to go for easier degrees to get the piece of paper.
I agree 100%
Could not have said it better myself
Because lazy HR and hiring departments believe that the best way to demonstrate you can read, write, and reason for a job is to have partied for 4 years like they did.
I’ve seen a lot of BA psychology degrees for the Office Manager class.
Well you see the average grad starts at +50k a year so if it's applied over 10+yrs you will make more as inflation chews through your soul and you get depressed working a job you though could afford a modest home
I feel like we need to dispense with the horribly wasteful university system and focus on vocational education / apprenticeships