How many multimillionaires achieved success without having finished college or even attending in the first place? The answer to this question is that there are countless. The number of non-colleges today educated individuals achieving success today is incredibly astounding. In an article, “Is College Worth It? Clearly, New Data Say” (Leonhardt, David), the author suggested that by not attending college, the average person would be leaving behind about half of a million dollars over their lifetime. This might have been true in generations prior, but with the invention of the internet, and the cost of a college degree today, this is no longer necessary as information is more readily available and relatively free to access. As a result, there are more time and cost-efficient ways of achieving success without obtaining a college degree. Hence, attending college is an enormous waste of time and money.
Take, for instance, Bill Gates who is one of the wealthiest persons alive today did not graduate from college but instead, he dropped out and dedicated his time and effort to doing what he loved. Gates believe that it was the best decision for him at the time because he wanted to be a part of the personal computer revolution. He isn’t the only person who found success as a college dropout either. Facebook’s co-founder and CEO Mark Zuckerberg, and the brains behind the iPhone and iPad, Steve Jobs were college dropouts as well. These successful men are three examples of people who have proved that spending time and money on a college degree is not necessary to become successful.
With that being said, take a look at the average cost of attending college where it ranges anywhere from $26,590 and $53,980 a year depending on whether it’s a public or private university (“What’s the Price tag for a College Education?” 2019). With numbers like those, the average student could be looking at a price tag of upwards of $100,000-$200,000 over a four years period. What’s bad about this is that students are not guaranteed to be placed in jobs that pay well. However, what is guaranteed is that money that is most often borrowed will have to be paid back with interest. As a result, students leaving college will be starting life already at a deficit.
A better option being in the 21st-century is that anyone can utilize the Internet to create more wealth and success than what might be attainable with just have a college degree. A lot of times this requires capital to begin with. Think about what $100,000 could do. With a little bit of research and the right mindset, $100,000 can be multiplied many times over in a relatively short amount of time.
As can be seen, success does not require a college degree. Therefore, it is not necessary to take on debt that must be repaid-with interest. In fact, taking on such debt coupled with the time spent sitting in a classroom is an enormous waste of both time and money. Others have done it before having dropped out of college. Their success is a blueprint that proves there are alternatives to a high-cost college education that most often leave students in financial ruins for years upon graduating.
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