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Tuition inflation & financial optionality

Tuition inflation & financial optionality

Despite the shortcomings above, going to college has been a smart choice for every generation prior to millennials. 

But over the past 15 years, two trends have made this decision a lot more questionable: the price increased, the value decreased.

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MORE IDEAS FROM THE SAME ARTICLE

While college tuition more than tripled over the past 30 years, the value of a college degree gradually fell due to credential inflation.

80% of the value of a college degree comes from what the degree signals to employers, not from the knowledge and experience gained whil...

The Internet economy is creating new professions at a pace too fast for universities to come up with degrees to match them. Many of these professions require two or three different skills, which aren’t taught in the same degree or even in the same faculty. To deeply understand Cryptocurrencies re...

You should go to college if the following conditions are met: 

  • You’re certain that you want to spend at least a decade of your life in the field that you’re studying. 
  • The only way to get into that field is by getting a college degree. 

  • Combine knowledge from multiple disciplines to create a powerful mix.
  • Keep your options open, stay location independent, and be debt-free.
  • Commit to a few months at a time, reevaluate using hands-on experience with your field.
  • Build your own curriculum and update it c...

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