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How to use storytelling to connect with others
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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 while acquiring it. The problem is that signaling is a zero-sum game; earning a college degree doesn’t send a strong signal if a lot of other people have degrees.
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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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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...
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You should go to college if the following conditions are met:
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College degrees can add significant wealth. The more education you have, the more you’ll earn and the less likely you are to be unemployed. And if you can keep debt low while getting the degree (and there are reliable ways of doing this), then it’s almost guaranteed that getting a college ...
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