The Broken University System in America
Episode description
America's university system is falling apart at the seams! Tuition costs continue to rise, the quality of education is falling, accreditation from the university system has become worthless, and standardized testing has lost its mind. In this episode I invited Louis a great friend of mine and ex-colleague to discuss these topics and provide some possible solutions. Both of us work in an industry that requires a master's degree at minimum and is highly technical (quantitative finance). I have started to wonder if a college degree is even worth it for the majority of people. I guess the real question is who is a college degree best for, what sort of degrees are worth it, and where should you go to avoid over paying?
Louis went to college for his undergrad at McGill University in Canada where he saved a ton of money. He then went on for an MBA at Baruch College where he again saved money by not going to a highly priced school. On the other hand I went to a cheap state university by going to Washington State University but decided I needed an advanced degree with a big name and decided to pay a ton of money to go to the University of Michigan. The decision of where to go and how much to spend can have a huge impact on your career opportunities. Other important lessons such as knowing yourself will be discussed as a college degree is not right for everyone.
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