Shocking Truth About The College Monopoly System
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- čas přidán 23. 08. 2022
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In this video, Patrick Bet-David details the future of education and the college monopoly system. Check out Pat's Top Udemy Courses here: bit.ly/3Aic5Yz
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In this video, Patrick Bet-David details the future of education and the college monopoly system. Check out Pat's Top Udemy Courses here: bit.ly/3Aic5Yz
You got yo mama yo bro yo mama yo yo
Yeah put you in debt in exchange for brainwashing you with relativism. 🤣
Still have to go to university to become a doctor, lawyer, etc
@@jeffk464 you shouldn’t have to goto college to be a lawyer. They have a BAR for a reason.
Thanks for the great breakdown of education and it's true value w/ options to best move forward. Have a great day Patrick.
My college professor told me that all college is about is remembering stuff long enough to pass the test. He was right because I have forgotten 99% of what I learned in college.
Yeah, true, but I remember things that mattered to me.
Sorry to hear that. Too bad you weren't smart enough to drop out before you wasted your time graduating.
@@JohnVKaravitis well, if the student has the determination to succeed then college is worth it.
In part a poor choice of curriculums to pursue. Engineering for example, nothing to do with pointless memorization, all about understanding concepts and developing analytical skills. All for doing that on one's own if they are capable, I don't think I'd realistically have learned higher math and physics without deadlines and external applied stress.
Yep
College student here. Pat is absolutely right in the fact that you learn no tangible skills other than memorization in college. It is all just part of a major system. I am graduating early and can’t wait to be done. Also shameful that young men and women spend their physical prime consuming loads of alcohol and hooking up with each other. Net negative!
Amen!
Not true for all majors. Qualify your comments. You can't say an engineer, doctor, software developer wasted time in college.
@@nanaofosubudu5039 well yeah but what percentage of a college campuses’ students are on a path like that?
Consuming loads of alcohol and hooking up with chicks was the best part of my life !!!!!
@@user-360johnn There are also some cases where it is in the best interest of society to cover the cost. For instance a social worker does not get highly compensated and may never be able to pay off the student loans. However that value they hold in society is enormous. Consider how many at risk youths, foster kids, people with disabilities, they impact on a daily. Crippling student debt would easily discourage this profession. But they are extremely needed in society.
The part where learning can be on CZcams instead of college hits hard.. couldn't be more true. There's a sea of information on every topic you can think of taught in so many different styles.. it is the future
CZcams and Google killed College unless you want to work in critical sectors like being a Surgeon etc. I don't see why you can't study on CZcams. All courses are available for free. . The future is here today.
The problem now is that “Learned on CZcams” will not replace “Degree of Engineering from Duke University” because ultimately the college junkies (Gen X and Millennials) will uphold the degree requirements for a few more decades
@@ImLure Upholding the degree requirements means nothing or even having a degree means nothing. Success means everything. It doesn't matter where the learning was done. I know people who graduated from IVY league schools and still depend on their parents for everything. Execution of your plan and the knowledge you have will always be better than where the knowledge was obtained. A degree just makes it easier for an employer to know what you are capable of. If you're not looking for employment, then a degree is truly worthless as you can learn what you need to know from other free sources.
That is non sense. You cant become a doctor, engineer, accountants simply by learning from CZcams. Yes it will be so much better if college fees can be greatly reduced but to say you can learn everything from CZcams, is stupid. In most countries colleges hardly cost anything more than 10-20k for business courses. In America its 40-50k, some top universities charges 60-80k which is ridiculous. Some country even provide free education. College shouldn't be overwhelmingly private. It should be the other way around.
@@marilynlucas5128 That is non sense. Yes there is courses that can be put in the trash department. I would say just banned all courses related to gender studies, social science, sociology, etc. But if you have a Degree in Engineering, IT, Finamce from a college like Harvard. You will get paid crazy money.
As far as graduates reliant on their parents. You are taking a small percentage of the graduate population and jumping to your conclusion based on this small sample size. It's not like people who don't have a college degree is living a fulfilling life anyway. The majority of the losers who are drug addicts, criminals, thugs, lazy people who doesn't want to work, welfare queens are all people with no higher education. I can make the same argument and pick n choose the data. I can highlight the 2% of these losers and jump into my own conclusion that without a college degree you will end up like this, when the reality is completely the opposite and I am cherry picking the data.
Also what jobs are we talking about that is highly paid but dont need a degree? Plumbing? Yeah for now its high paying. But if everybody decides to drop off college and work as a plumber. Pretty soon, plumbing salaries will become less competitive because you have a stiffer competition. Majority of jobs which do not require a college degree job are very low paying jobs whether you want to admit it or not. Like clerical jobs, receptionist, etc. You dont need a lot of experience or learn a lot of skills to work in this field. You get pathetic salary increment and your experiences are not valuable to industries. You will get stuck at one company and your salary will hardly increase. I have seen it already. Unless you are one damn good worker that you can outshine everybody else, then you can move up the career ladder and become a manager or something. However he majority of them will get stuck at the bottom. That's the truth about the working world. Stop spreading lies to young people over how the world works.
My father went to school to become an engineer. (Currently 87 years old) I asked him in my twenties, how much college did he use in the real world. His answer “about 10 percent.” It confirmed to me that I made the right decision to start my own business and skip college.
Where did you get the money to start your own business? You had Capital to purchase or rent land / space / building / equipment, what about other over head? Starting your own business is not an occupation title, what was the business, and where did you get the capital to start? I don’t know anyone who has started with revenue to invest into their company without working for somebody else first, and having a college degree can get you in the doors of a higher paying job and start with that money as apposed to minimum wage lunch money. Again, being an entrepreneur isn’t an actual job title, why do people like you never say “my own mechanic business” “started my own lawn business” “started my own clothing line” no it’s always “I just started my own business” pfffft
@@greg9069
Started a building maintenance company In high school. Six cleaning contracts before graduated high school.
Low overhead and no employees to start with.
Although looking back, knowing what I know now. It’s better to work for someone in the industry you desire to start a business in first. You can learn on their nickel, gain experience and develop contacts in the industry. Either way, starting your own business is very difficult. Although if you stick with it develop a clear business plan to follow and grow with a committed team. It’s much better than working for someone your entire life.
I went through 9 years and about $300K of college and became a doctor. While I have been successful and paid back my student loans a while back, I have many friends and colleagues that have been making all their student loan payments and are in even more debt than when they graduated. School gave me a good vocabulary, but I don't actually use anything that I learned in school today to help people and run my business. I only want my children going to college if they are passionate about going into a career that depends upon a degree (lawyer, doctor, etc). But I hope to help them find a great career without college.
If you had to study again today and not become an MD, what would you study? I am about to start college, but have zero idea about what is good or bad.
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@@jimj2683 well thats where community college or online college comes in play as this is your opportunity to figure out what you like and dont like, getting new experiences, learning your passions and exploring hobbies. just try a little bit of everything until you can narrow down what your truly want to do. the world is an oyster. id say 15-25 are the most important yrs because what decisions you make in these yrs will impact the rest of your life.
@Kas Dbm Worse…he spent 9 years in college and $300,000 to become a chiropractor!
@@jimj2683 He’s a chiropractor. Not an MD.
My son graduated HS during the start of shit down, got robbed of his prom, 4th yr letter in track/field and barely had a commencement in July '20... He decided to skip college as he's interested in Business 🥰I thanked him for making this bold decision and have been supporting his growth as an entrepreneur! BTW, he has had his own 2 bedroom Apt and I've never had to pay his rent. Amen Patrick
Beast!
My son graduated '20 also. The educations system showed their hand when the last three months of his senior year had no learning and the whole senior class graduated without any finals or testing. I knew the public school system would take at least the next year off as it was easy to see and immediately started homeschooling my younger children. My 16 year old today is now in the local trade school, his choice, and working on his HVAC. The oldest who graduated decided to take a year off until the cough moved on and has chosen computer science and electrical engineering majors. Both boys live together and have part times jobs with an electrician all by their choice. I saved money for college funds and is always there for them but they demand to do this on their own. COVID was the best thing to happen for many people in my opinion.
I was feeling so bad for the 2021 seniors having no state track results. That blows.
Kudos to your Son!! It probably was the best decision ever. But think about it, some professions need formal college education like Doctors, engineers, scientists. God forbid, if you ever fell seriously ill and needed a surgery, would you trust a guy who did online education or learned via youtube? Not everything that comes out of Patrick Bet-David is right. He know how to make money, and thats great. But he shouldn’t be preaching about how college does nothing. This video is a hogwash.
Good for him! 👍👍
All I can say is, I never went to college. I dropped out senior year and took my GED. And I make well over 6 figures. I never needed college to keep employed. I can say, in life it's what value can you add, and how good are your people skills. Who you know helps as well.
You make over 6 figures? So you make 7 figures? More than a million $ per year?
@buddyrevell511 over six figures meaning over 100k not to the 7 figure mark other wise I would say over 7
how?????
@@tr0llpatr0l86 I'm in the IT field. I work with large databases and write programs to support them. I have been doing this for 24 years. I started in the field back when Microsoft Windows 2000 had an MCSE certification. I use SQL and C# daily. I maintain some very large datasets and help developers use them when needed.
they gatekeeping @@tr0llpatr0l86
I was a college professor for 33 years, and I couldn't agree with you more.
Education in this country is about money and not about education.
And indoctrination. Sad when kids dont know how many states there are.
And they get recruited
Especially when it comes to student athletes as well.
College degree is the most useless and overrated worthless piece of paper.
Everything in this country is about money. Everything
As a teacher myself, I can't agree more with the memorisation part. I am constantly reminding my students that tests that can be answered with the click of a button are no education at all. After a while they forget the contents of a book but if you teach them the methodics, they remember them all the way and their gratitude is visible. Again, great video!
The thing about forgeting is that if it was useful, you'd care enough to remember.
Although i do agree it takes less time to remember when you're used to it, yet the fact that most things you are thaught at school have absolutely nothing to do with real life and/or the career you want to pursue doesn't help things.
Also mandatory attendance in school is BS, so long as you pass the exams never coming to class shouldn't affect your grade.
most of the stuff taught in school no one really uses in the real world teach them skills things that they will be using in the real world like how to mange money how to cook a healthy meal how to have a active life style i don't remember the last time i made a project at home.. unless it was for my kids for school. if i want to learn something quick i just go on youtube so much has changed but the school system still teaches the same way........
@@AmanSS890 truth
@@AmanSS890 because teachers are in on the scam. They are just preparing the youth to be 9-5 workers. It’s not really about education.
When I first got into University in 2010, the impression I got of it was that I was attending some sort of postmodern simulacra of a college; that actual colleges of the type that produced meaningful knowledge for society had pretty much ceased to exist years ago; and that what our modern colleges have become is just a sort of Rumspringa-esque vacation that upper-middle class kids are expected to go through where you'd never actually learn a thing from all the distractions and inanity.
Being unable to declare bankruptcy on supposedly “underwritten” student-loans really messes with your head. It follows you until death. (A judge can allow a bankruptcy that includes student-loan debt, but only under “special” circumstances, & it’s exceedingly rare to encounter anyone who has had that work out.) We-as a society-need to address the concept of life-long debt. I started university relatively late in life due to “sticker shock,” and based on the average life-span of an American male, it’s implausible-perhaps impossible-for me to pay off my student-debt before the finish of this lifetime.
You had me at "inanity".
After 2 degrees at a doctorate and master level, I can tell you that it was somewhat worthy to spend the money and time doing it. I am 53, in my time there was no choice. I don’t think college is that valuable these days. Learn online, get involved in the field and be the best at it. Best time to dropout imo if you have a solid plan. All the best luck!
I disagree even back when you went to school still not worth it. The amount it has increased show it’s completely detached from reality. The old saying follow the money. College is about making payments and the prestige gets more the more you pay. No basis in reality at all. There are more efficient ways to learn. Not to mention the way you learn they treat you like a machine. It’s not that you forgot what you learn you in fact learned little that had any value. University is like those CZcams videos where presenter shows you they knows a lot about a topic. But after you done watching you are left with nothing of value.😢😂😅
I've been saying for years that college is overrated. Unless your going to be a doctor, lawyer, or something at that level, you really don't need to waste money on college. Also, companies are a big problem when they ask for a Bachelor's for jobs that typically never required a degree i.e. sales rep, secretary, store manager, etc. If I had a kid who was 18, I would encourage them to go into the trades. We are going to be severely disadvantaged in years to come without skilled tradesmen/women. I commend the kid who does landscaping in my neighborhood. He skipped college and started his own business and at 20 years old is making more money than most people.
So he should perhaps say some part of college is dead...like low risk fields like computer science or music or sociology. But you sure do not want a self taught surgeon or judge, or self taught economist as fed chair, or self taught psychologists as your psychologist.
@@emmanuelameyaw9735 The issue with the Fed Chair is not the education. The issue is politics. Whomever is President will find the “brightest star, credentials and accolades” to speak “intelligently” to help get them re-elected if possible but more importantly to be a member of the club. Economics isn’t complicated. A self taught economist would be all that you need. The reason JPowell and Yellen are there are because they do complicated schemes for their friends and help kick the can farther before the house of cards collapse while they are there. If anything, they are so educated that they do dumb actions that the average person can’t see because they are the “expert”. The rest of us that understand economies are built by production can always see the obvious hand tricks. We are all paying for their schemes right now, and that cost is due from inflation. The government creates inflation. Inflation is impossible unless the unit you trade in is being expanded. Prices are function of supply and demand, it has nothing to do with currency. Always use first principals.
@@emmanuelameyaw9735 Computer science isn't really low risk. The amount of money invested is software development is huge and requires coders with decent skills and need to be coded with security in mind. It in no way compares to music or sociology. Things like computer science and engineering will always need professional paths and training.
Can't take the bar exam unless you've successfully completed lawschool 🤣 Otherwise you wouldn't need college to become a lawyer. The only profession in the world that should require a post secondary higher education w/ an apprenticeship is a Medical Doctor...period.
@@emmanuelameyaw9735 That's what I said.
"College administrators have figured out how to pick the pockets of young college students." -Jordan Peterson
Thank you PBD for working hard to stay educated on these important topics. You're lifting the veil off the masses one video at a time.
Jordan Peterson is college educated
@@richardmyers7847 he’s also like a thousand years old when they weren’t as corrupt
@@richardmyers7847 yeah well hes talking about the money grabbing schemes that they employ on young adults.
Wow
He's also someone trying to tackle this problem actively with what he's been doing lately
I think that the main thing I got out of college was the ability to LEARN. I learned how to pick up a book and teach myself anything that I wanted to know. I graduated in 1982 and paid for my college myself while working at night full time. It took me 6 years to get that 4 year degree from Georgia State, but it was a proud day indeed. Would I do it again today - not at the cost they are asking. I 100% agree with your video, and appreciate that you have added a voice to what I have been thinking for the past decade.
Times are different you can get all the information online for free or much cheaper then what colleges are charging
I wanted to attend a trade school but wound up going to college just to please Mom and a number of "You should go to college" people. Biggest mistake of my life. My response to the "You should have children" was the precise opposite. Happily married and childfree.
“Formal education makes you a living. Self education will make you a fortune.”
- Jim Rohn
This was absolutely amazing!!! I have been saying this for over 40 years but they always told me that I was against studying. I went to Sorbonne and other universities as well and graduated in Economics but I can tell that was a TOTAL waste of time. In France universities are free and in Canada are much cheaper than in the U.S. All my colleagues in the U.S. were saving their money for their children's universities or mortgaging their houses. Completely messed-up system. I agree with you if you want to be a surgeon and a lawyer you will need to graduate from a university. Universities are NOT in synch with what the market is looking for. I remember at least supply= demand and maybe the only thing that will stay with you is if you have a degree in Economics which I call a basket-waving degree like philosophy and political science. I learned more shadowing my father in his meetings when I was a kid than in university for real life. You can learn by doing it and not by reading it. You will be better off learning a trade like an electrician or a plumber than going for 4 years in order to get a piece of paper that nobody really will ask to see but your parents will feel good about it but go broke or pay for it for the next 20 years. If you study Computer Science and you are looking for a job, the market will ask for real experience and or certificates in technologies from Microsoft, Google, and Cisco. The bottom line, even a degree in Computer Science will not get you a job. A young self-made Hacker has more chances to get a job than a computer graduate.
Education in Canada may be cheaper but pays are MUCH less in Canada for same level of skills/experience
Well trades are great but they can really break your body down. It's also about thinking "when I'm 50 what job will I rather have" I think it's best to have as many cards and tricks up your sleeve as you can. And also a good thing to think as well, If you lose it all and had to start from scratch what degree would help you best. Would it be easier to rebuild your life as computer programmer or doctor at 50 or an electrician? . Idk, I just like to always have a plan lol
Well said.
You forget that NOTHING is free. In countries where the student does not pay university fees, the taxpayer picks up the bill. Taxpayers are now paying for people to study Women's Studies and Lesbian Dance and History of the Penis. The best system is the old US system, where top students got a free ride, poor students got at least a partial ride + work on campus, and the wealthy parents picked up the tab for it all.
What high school graduates really need to focus on today is work ethic and negotiation. A kid with good negotiating skills can talk himself into a job. One year at _any_ job is better than a diploma in most cases.
Ruby, where's those lesbian dances classes?
I genuinely regret not finishing my BA. First impact is lack of decent income (I've gone a few a days without food before to drive this.) and the second is that BA/BS degrees have become a standard which companies do not commonly pay well. Uuuuusually this is because many jobs don't actually require a BA/BS degree to understand. But it simply helps weed out other applicants in search for a well paying job. I know I'm stating the obvious here. But Lord is it frustrating.
Regarding point #6, I don't really agree with this. I know it CAN happen. But more often than not, companies have a tendency to hire outside the company or move laterally rather than take someone from the bottom end and move them up. This is just my personal experience, but I do remember a GM telling me I was not qualified for a position despite doing incredibly well in sales and my tech support skills in the building. She cited that I did not carry a college degree and thus was not eligible for the position.
So true!
100% right, I went to college 20 years ago, I remember maybe 5% of what I learned there. I never used it, ended up starting from the ground up in a trade. Started as an Apprentice, now I'm a Forman.
Something that makes no sense is how colleges require you to take the prerequisites before you actually start learning about your actual degree. Why would you waste all that time paying an arm and a leg to relearn high school subjects when you could go straight into learning what you need for your field. 🤷🏻♀️ 🙄
You only do pre-reqs if you don't have mastery with the high school level courses. That's part of what the entrance exams test for, but you can actually test out of most pre-reqs and some of your basics with alittle study.
More ways to make money.
College should be 2 years at most 3 if its Engineering.
Greed
Greed again because no one should attend school for 12 years and can’t go right into their chosen field. Some 5th graders can pass a college entrance exam.
The moment you realize youtube teaches more things than School.
I enlisted and served us army so I could earn and save to help get through college. Business and Engineering Master’s. I studied hard, absorbed, and interned. It ultimately opened doors for interviews, but really, the knowledge and strategic thinking skills I picked up really helped me throughout all 35 years of my career and I now own my own business. Looking back, I wouldn’t change a thing about my path, however, i see so many of today’s youth getting by without degrees and I am just in awe of how fun, smart, innovative, collaborative , respectful and energized they are. Both paths work fine. Just be a cool person and a sponge for knowledge, set your course and enjoy the ride.
The problem are employers who can’t get passed that “needed” degree and won’t hire you without it. That is even if you prove you can do the job through self made projects and self thought courses.
Yeah. It's very stupid!
As someone who decided not to go the college route to learn on my own. I find there is still a struggle to break into the jobs that I may be qualified for if not more than a college grad because I learned from building things in the real world and not just learning the theory. It's like they have built a monopoly that you have to play by their rules to gain access to the "club" or suffer the consequences of being the outsider.
What is it that you taught yourself, if you don't mind my asking?
Self-employment is likely a better avenue.
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@@guitarista666 Web Development
Sounds like high school 🫤
I’ve been practicing the art of self teaching since 14 (started by learning German).
I’ve always found it difficult to justify college because I am more efficient by myself.
especially when they force you to learn things you do not need and also forcing you to come to class even when that's hurting your progress
But you won’t have that piece of paper that’s says “hey look I know all this stuff” and so I’m not gonna hire you 😂😂
Und, wie ist es mit Deiner autodidaktischen Art Deutsch zu lernen vorangekommen?
I too am an auto-didact. I taught myself music theory and harmony. I have like 300 hundred unfinished works. Some are symphonic, other are just short pieces that explore different genres and forms. I wanted to become a film composer. But its just a thing I enjoyed trying to understand. Studied the book Bach, Bethoven and Mozart learned from. Josepf Fux counterpoint. Taught myself piano, guitar and drums also. Also, storytelling, and script writing. Now I am learning UX, and saw that I could learn in about 1-2 months. Started working on my portfolio within my first week. Experience is hard to come by though, but developing skills is no problem for me. Per my creative endeavors, I just need to apply myself more and put my work out there. No point for college these days. Its all there in book and in online tutorials.
@esjel9804 Definety don't go then esp if you have the work ethic as it seems you have a affinity to music. I'm in the same boat as you except in video editing but I got into a good colege for very cheap so I went for the sake of the possibility of crossing a opprutunity, but as soon as money starts to pick up I won't mind dropping out
I did a degree in economics, and having an interest in mathematics I filled up my electives with as much calculus and statistics as I could fit in. I ended up being much more ‘qualified’ in mathematics than the average economist, but not on an equal footing with a dedicated math major. So, I started following MIT Online right here on CZcams doing advanced statistics. I bought the recommended textbooks, took notes in the lectures, and tackled the problems in the books. Even though I don’t have the piece of paper with ‘MIT’ on the top, I got an MIT education for the price of four or five books.
There many professions that still need a college degree: nursing, mental health counselors, psychologists, medical x-ray technicians, school teachers , certified public accountants and certified financial planners, those are a few.
I learned very young that I wanted to work right away, watching my single mother struggle raising 3 kids I knew that money was needed to get by so I wanted a job as soon as I was allowed to work & I knew the cost of college was way too much for me & one thing I’ve always feared since the 6th grade was debt so I never really buy anything I can’t afford. I’ve gained more knowledge from CZcams than I ever did from school & most people I knew that went to college are struggling now. It sucks that many people are still in that mindset that you need college to make something of yourself.
I spent years on the left and absorbed the usual stuff about taxing the rich and taxing corporations. It never occurred to me till I moved to the right that it's odd that leftists aren't interested in taxing colleges and universities. Nor did it occur to me that academia is filled with people who want to redistribute money, but none of them ever suggest that maybe Harvard should redistribute some of its wealth to community colleges.
Anyway, going to college is a rip-off these days. Too many useless administrators have been added, whose salaries drive up tuition.
I personally know some administrators/ bureaucrats like that and they do almost nothing at their job, but they rake in $100-250k a year anyway.
As someone who’s more left leaning, many of us are in favor of taxing educational scams lol trust me. We’ve complained about it over and over
@@jimj2683 My neighbor is the principal at the high school and is making $ $240.000 a year. The so called "teachers" AKA indoctrinators, in the district ALWAYS complain about being under paid and over worked bla, bla, bla. The AVERAGE income is $ 80.000 a year with 2.5 months off for summer break and let us not forget all of the paid hollidays, government retirement WHICH THEY DO NOT CONTRIBUTE A PENNY TO, medical paid for.
And these are not very bright people in the "TEACHER" positions. I have met quite a few of them and unimpressive is an under statement.
And they all sound alike when conversing with them with closed minded and really FULL of themselves.
Maybe some of these colleges can use their billions and billions of piled up cash from endowments to pay for their student's school.🤔 I dont see why the taxpayer has to foot the bill when Billy Bob decided to get a sociology degree from Harvard at a 6 figure costs and is now bartending and cannot afford the repayments. We need universities to share the risk and have some foot in the game when it comes to student loans. If they believe all these degree programs they are offering are worth while then they shouldn't have a problem loaning money or paying for these students to attend don't you think? 🤔🤫
@@jim-ce5kt Perhaps you should qualify your degrading statements by first stating which state you reside in. I'm a teacher in TX, where new teachers are paid around $35,000, depending on the district. High school principals must be paid $1.00 more than their Athletic Director, so again, it depends on the district. If they have an amazing football program, then they probably are paid well. WE DO NOT get off 2.5 months in the summer. Out of the 2 months we're out of school, we must do at least 4 days of training (many teachers do more), & administrators only get off 2 weeks. Many teachers also spend a week before school training days getting their room ready, doing lesson plans, etc.
I personally never complain about my salary; I'm very grateful for it. But I do spend a lot of outside time lesson planning, grading, contacting parents about failing students, etc. I also feel very strongly about teaching students to think critically, even though they resist it greatly. I'm very conservative, but I don't indoctrinate my students, & I never tell them how I vote. I don't believe that is my proper role. Many students have terrible home lives, and they make difficult students, usually but not always. I care very much about the success of all my students. For parents, the best way to know what your children are being taught is to get to know their teachers!! Even if the curriculum is acceptable, teachers can and do bend it to fit their purposes, but that's mainly left leaning teachers.
IF FAMILIES ARE BROKEN, THEN THE EDUCATION SYSTEM WILL ALSO BE BROKEN!!
I went back to school to complete a PhD and become a credentialed clinical researcher. After undergrad, I had to teach myself almost everything in order to research extremely narrow topics. The only reason I did a PhD was to get the credential. I still have mixed feelings about doing a PhD. Anyway, I bolted out of academia as soon as possible. R1 universities are something between a giant investment bank and a Ponzi scheme that masquerades as a cult. The endowment & economic impact of some Ivies is larger than the GDP of some countries.
Right now I am enrolled in my community college for engineering AS two-year degree, and I am really satisfied with the courses I am taking because the knowledge I have learned is the same and I am 0% In debt. It's a good community college and getting a Two-year degree I can transfer if I want for finishing my bachelor's meanwhile I work to get experience. Also, I have a part-time job and can save money for my future investments. As an immigrant in America who wants to be an engineer, get a better job and improve his economic status, going to a community college has been one of the smartest decisions I could ever take. Maybe some people don't like CC but the "status" a degree can give you, in my opinion, doesn't really matter at least here in America. I know people without university degrees that earn above 50k a year. (In my home country that would be impossible). If the system doesn't want you to get financial freedom you have to hack the system to obtain the most possible ways to get it, and being in debt isn't the correct way to get it.
Would u say it is about as useful as an ivy league?
@@quinnard9750 in my opinion it’s more useful if to be in Ivy League I have to be in debt, if I could go to Ivy League without debt or 100% scholarship it would be more worth it
I went to a top LAC as a Gen Xer and have some thoughts on the matter (I think the current all-in cost of attendance of said institution is currently around $80k with most students, *still*, not receiving any financial aid whatsoever).
So I went to a lower middle class and then an upper middle/ upper class public high school. I know many people that went on to the regional state universities. In college, I ended up writing literally hundreds of papers and reading at least as many books; my compatriots from high school that went to the local state school only wrote a few papers and read a few books during their entire time at college.
I had a good friend that went to a regionally respected state college and majored in "golf" before getting kicked out. He literally took all PE courses. He currently is a tugboat employee.
I went to said university to get a job on Wall Street. I got a job on Wall Street as a direct result of an alumni connection and then realized that I did not want anything to do with Wall Street and quickly quit. If I put in my time at the company, I could have easily ended up in the 1%, but I don't regret my choice.
As it is now, some years I am 1%. Other years, I make like $20k. I am transitioning into a more stable and lucrative career field, but I feel my college affiliation adds exactly 0 to my situation currently - it is what it is.
Somewhat random thoughts on the future of college:
The internet killed collegiate elitism. It may take a couple of generations for this reality to manifest. Right now, elite colleges are riding on fumes.
In the past, scholars needed to be in a physical community and close proximity to one another. Student teaching was always a gimmick at the large research institutions; the emphasis was always research. With the internet, the word's best scholars no longer need to be physically close.
Well stated.💯
Know thyself.
My kids all took off after high school to find themselves. One daughter was told to go to college for social worker but I told her to get out there and find out what you're good at first. She just finished college at 27 and landed a high paying job in what she excells in. The others evcentually went for higher education and now my 28 year old is studying to become a lawyer after completing a bachelors in communication. My oldest daughter took a simple 2 year Microsort course and is now changing for a much better paying job in the government. My son is a tradesman and makes a descent wage like his father.
Pat is 100% correct. I didn't go to college, was completely self-taught via CZcams and Udemy, and do very well. The key is finding a career or develop skills that are in demand. If you do that, you will never not have a job and will make a good salary.
Same for me MS Power App Developer, Robotic Process Automation, and Six sigma process improvement for a mail order pharmacy. Started out as retail pharmacy tech.
Udemy?
@@xneutralgodx oh yeah. There are a ton of courses you can take on finance or SQL developer or just straight up business courses. They even offer certifications.
@@satx9684 Udemy is the actual name . I never heard of it was curious
Udemy is great, as is Coursera. Certifications are the way to go nowadays especially for tech jobs.
Education just proves you can learn.. Training/Udemy courses help you process work/job situations... Education takes 4 years.. Training takes 30-90 days.. our schools are failing our kids at Writing/Reading skills.. Thank You
College degree are useless for most jobs. That whole industry needs to be overhaul.
Eye opening and informative as usual. I went to school for 23 years and got a bachelors degree, two master’s degrees (one from USC) and a Ph.D. from USC. But what I learned at work is by far superior to what I learned at schools! Thanks for putting these videos together. Dr. Kay Sobhe, Certified Rug Specialist, Certified Rug Appraiser
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Love learning! It's my passion. Have plenty of initials behind my name to substantiate my addiction. It was a requirement in my parent's home that all kids got a 4-year college education. However, when mentoring young people, including all my own kids, a college education just doesn't have the same value, safety and impact anymore. Yet today, I am half a century plus old, and still making a student loan payment with a $29K loan balance. Note that during the season of C19, felt like I earned my PhD on CZcams. There's a better way to do this going forward.
This is a video every high school student and parent should watch. Great content as always Patrick
Thanks Pat! As a vet, I hear you. Didn't know what to do after High School & joined the Navy. Eventually separated after the Northridge quake which created a demand of my NEC/MOS & got the chance to experience corporate culture. Now back doing civil service taking care of vets. My son just joined the Army & didn't wanna got back to school after graduating. Got offered a great MOS & will be going to AIT in Monterey. He saw me change to several jobs because after realizing its advancement opportunities were grim, without hesitation & thinking I had to suck it up just for the healthcare benefits: no way! See ya later, horrible boss!
In healthcare, especially, I've seen the cut-throat environment where the bigger fish are gobbling up the small independent ones. Loyalty to vested employees are out the door. It used to be great if anybody can land a job with USPS, gov't service or any of the older fortune 500 corporation, you're set for life! That no longer applies though. Probably one of the effects why we're dependent of foreign supply & manufacturing like Taiwan/China.
It's sad that the gov't & politicians are pushing for college debt relief to those who didn't even serve their country.
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Great content Patrick. I have an undergraduate degree and 3 masters degrees, which have served me well in my career. I needed that additional education to go from being a top shelf technical guy to a top shelf business guy. But I think the game is changing. My best project manager does not have a degree, but he's a gun world class agile practitioner. There IS value in tertiary education, as you point out, but the American system is desperately broken. If you want as good, and possibly better education than the American system, try the Australian system. That said, I am an MBA honors alumni from Deakin University, graduating in 2000. It was tough, demanding and extremely satisfying. Fast forward to today and i witnessed 2 close friends recently complete their MBA from Deakin and I felt the course content was dumbed down and the assessment rigor below the standard I experienced - sad but true. Life long learning is important but now there are options well beyond universities.
We are right in that window of deciding a direction for after high school graduation. This video offers quite a bit to contemplate. Here's an interesting new option in our area that we’re considering: Hildegard College in Southern Cal. It’s $16k per year and only 1 major based on classic great books and all areas of entrepreneurship, taught seminar style. It’s a bit more like a standard college, but with a twist. I appreciate the 7 options you shared. I never really considered military for this child…but it’s an intriguing idea - and he’s watched his cousin who's currently completing the 4th of her 5 years of service with the US Navy. Tough decisions ahead and sussing out the right path.
Once you graduate, you realize that certain conversations are worth more than all of your college classes combined. Being in the company of people like Patrick Bet-David and learning from them can have a greater effect on your life than memorizing facts enough to pass a test.
I wouldn't say degrees are totally useless but education still has a long way to go from hypotheticals to practical real-life skills that can actually make you successful.
I would have gone to college in 2002. Within reason, I could have been accepted just about anywhere I wanted to go. ..but I could see that it was a scam and that the internet made a lot of “higher education” free.
Unless you’re going into a very specific field that _requires_ a college education, it’s a waste of time and money.
Student Debt | czcams.com/video/Y3BxziFr-vI/video.html ? vdsa43asfa
facts
College has been a ripoff for 40 years. After one semester, I said goodbye and have never regretted it
I am trying to become a CPA, and one of the requirements for sitting for the CPA exam is that the state requires me to have a bachelors degree and 150 college units. I wish there was a second option. Hopefully, there will be a different, more affordable path to becoming a CPA in the future.
Only a man who started with nothing can really emphasise the point here. Well done pat. Continue to grow and we'll done for your success.
PBD is at his best when doing this types of analysis of current issues.
yep only come back for these and the interviews
I totally agree with this and Ive been saying this to all my patients. If they want health care to pricing to go down, tell colleges to stop charging 75000 a year on tuition x4 years at 7-8% interest.
You’ve taught me so much with this video. My adult son said this three to four years ago and I was hesitant about what he was sharing.
Certifications are starting to be accepted more and more logically because anything you learn in college can now be learned on the internet. The internet will eventually kill college imo
Nah
Good thought, I think so too.
58years, retiered german Dipl.phys.Ing.
Regards from germany
Nah and you wanna know the main reason why college won't die? Really think about it
@@flelite3994I’m not gonna guess so you might as well enlighten me
@@fokyewtoob8835 *College sports guys think specifically football and basketball they make too much money*
Arguably one of the best videos you’ve ever made Patrick. Amazing content.
I'VE BEEN SEEING POST EVERYWHERE ABOUT FOREX TRADING AND CRYPTO CURRENCY, A LOT OF PEOPLE KEEP SAYING THINGS ABOUT THIS TRADING PLATFORMS PLEASE CAN SOMEONE LINK ME TO SOMEBODY WHO CAN PUT ME THROUGH..?
All you need is a professional trader to avoid
making losses
As a beginner who don't understand how
Bitcoin trade really works and you really want
to make profit from it. I will advise you to first
start working with a professional
Because my portfolio has been going down the drain while I try trading, I just don't know what I do wrong!
@Howard Martinez Have a target profile on Bitcoin
Keep investing Keep holding 90% of millionaires right now are investors in the crypto market
Investing in crypto is a plan for the future so
it's high time people understand the
importance of investment.
Pat, Thank you for sharing the resource in the beginning of your research, because I dropped out of School in West Los Angeles at the age of 13 due getting pregnant, however I'm earning credits for my high school diploma thanks to The Pioneer Library I'm blessed with a scholarship, I have 11 more subjects to go , I 'm furthering my education because I want to know and learn everything about having, and running a business. I'm so thankful for all the vital information you share with us. I cant wait to sign up with Udemy after I finish watching and hearing your class, video etc. May You and your family always be blessed
So much truth and value in this video! I’ve literally beat out college educated people from jobs simply because of my communication skills and experience. College degree don’t mean much these days. Companies are more interested in you being a “culture fit” and most of the stuff you can learn on the job itself.
Thanks Pat, for this one, it’s important to expose this stuff so more people don’t continue falling for it.
What type of job do you do?
Ya I’m curious your screen name is funny (kinda lame but I chucked)
I'm with these guys, I would be very interested in learning about what job, field and what they were paying you.
@@Somegirl811 I'm a designing technician, I literally took a 9 month designing certificate, payed it up front and earn just as much as some of the engineers I work with. How I manage to get good jobs is I do a lot of side projects, use the best of them as my portfolio when I reach out to companies. Some companies would literally make a position for you even if they are not hiring, just because they are impressed with what you can do.
@@simba8665 how cool. Thanks for sharing!
90% of college is just learning how to follow the rules
Yep...just like in High shcool
Is that a good thing or a bad thing?
That’s why I never went to college. As a teenager, the idea was always off to me. I couldn’t explain why it felt off, it was a gut instinct.
You can learn so much on CZcams. College dispenses knowledge slowly. I feel like it's the old way and new ways are better.
Both my kids have done just fine without going to university, and they are balanced, hardworking and not indoctrinated by loopy left ideologies…. They have kids, homes, have traveled and finding satisfaction in their careers.
And what about loopy right ideoligies? Or are you fine with those? lol
@@GreenEnvy. well I’m not for extreme of anything , but currently our educational system has been infiltrated by loopy left ideologies… kids especially those studying the human sciences have been indoctrinated….
@@thereselarfield7177 I think you've mistaken loopy left for greedy people. And greedy people come in all political parties.
@@GreenEnvy. What about them? Where are they taught? I had to learn them but couldn't find a place where I'd pay someone to indoctrinate me.
@@GreenEnvy. I’m fine with them, they are also known as common sense
You do a great job breaking things down and explaining. Love your channel
I love stuff like this. Thank you man. We need this kind of information.
Hey Patrick, thanks for the confirmation and encouragement. Much appreciated 🙏
Because of my real world work experience I ended up in an executive position with no degree.
While gaining experience I had Fortune 500 companies, once they worked with me, wanted to hire me, but once they found out I didn’t have a degree couldn’t even interview me.
So dumb how they see you can get them results but don't wanna hire you just over a degree that you won't use in the job. Kinda crazy commenting under an executive's comment tho ngl. How long did it take for you to get to that executive position?
Ridiculous!!!
@@hamsenur first supervisor position in 2 year, manager, 4, director 5 and top level 6 years. I was youngest to reach that level in the companies history.
It is how they filter wealth away from certain people.
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If you can't pay your house, you lose the house. Can't pay the car note, you lose the car. But for college, I feel you should be able to claim bankruptcy on the student loan. BUT you should also have to give the degree back. Otherwise, claiming bankruptcy would result in free college loans.
If people could "buy" a house, and then claim bankruptcy and the bank just ate it, everybody would buy a free house and keep the house. And that just isn't going to work out.
Bill Maher said it best. Less jobs should require college degrees. Most of the jobs that require them don't need them. Real world experience is easily as good as a piece of paper that shows you memorized stuff in the past. We can see this because a degree in "anything" is good enough to get hired for jobs, whether it's related or not to the job at hand. Problem solving is super important. But I don't see that as a reason to require a degree.
College would teach "just in time" ordering to minimize overhead. But with supply chain issues these last few years, that goes out the window. You can't sell a product or use a product if the product is backordered. The ones that were double and triple ordering were the ones who came out ahead. They could ride it out when the first batch of product gets there.
I give credit to Patrick Bet-David for being one of very few who've brought up the question why are we subsidizing overly expensive education after the fact? Why not attack it on the front end before the student gets there.
I see the $10,000 student loan dismissal came out today. I want to know who decided that $125,000/year in income was a good cut off. That should have been about $60,000. Maybe as high as $70,000. But $125K? If you're making $60/hr at your job after college, you don't need to have your tuition written off.
You videos are so informative. Thank you.
Wow I love a lot of your content but this one is bang on. Watching this tonight with the kids to see there reactions.
My kids are …
1) Is business focused already at 15
2) Is in the fashion business at 12
3) Is innovations and creativity
Definitely not finding any added value in school for any of them 🤦🏻♂️
Networking was the best part of college. It was a blast and I’m thankful for the experiences. But like Pat said, I could maybe have a list of 10 or less things I can remember from classes. Wouldn’t recommend against going to college, but weigh your options and do what you think is best for you!
Student Debt | czcams.com/video/Y3BxziFr-vI/video.html ? vdsafdsa
Until businesses actually DON'T require degrees for jobs that really don't need it - nothing will change. It's a whole ecosystem tied to colleges and degrees that would have to be dismantled to actually fix anything as a whole.
Most free market profit driven businesses don't really care; it's the government that cares or companies that contract with the government. Same with the vaccine mandates.
@@happycakes1946 agreed. I’m a contract recruiter for over 40 companies and only 2 care about degrees. Both government affiliates.
Wrong. Until the federal government gets out of the business of making loans, nothing will change. What happens when people don’t have loans to go to college? Colleges have to lower their prices :)
Your right that employers are part of the problem. With that said a parallel economy is forming with conservatives and they understand the power of hiring someone with drive and don't see college degrees as important.
Exactly, lets stop telling the young folks who have no desire to do the jobs available to people with no degrees not to go to college. These cases where people got into careers that usually require degrees on experience are rare...
Thank you for exposing this Pat, very much appreciate you!
I heard these truths elsewhere, great to hear others are willing to speak the truth about what a scam college has become. Very sad. I chose a career field that required a college degree, and I completed my three degrees (Associates, Bachelors, Masters) in ten years in the 80's by going to community college and state schools, and paid as I went, and worked the whole time I was in school to pay my bills, I never chased scholarships and no one helped me in any way, but I was able to do it. I am retired now, and very glad I did what I did, but going back to the 80's, if I had gone into the building trades which is native to me and what I have been doing since I retired I could have done MUCH better through life financially.
Sir, you’re one of the opinions I have been looking to for guidance lately. Thank you for your time.
The only thing my Bachelors Degree did for me was get me an interview. That’s it. It’s in Education and Training
Personally, I encouraged all my seven children to go to vocational school prior to getting their college education and made it imperative that they work their way through college so that they would for the most part graduate with the skills they need to make better career choices and higher pay quicker. So far so good. I did this myself and have been self employed and have trained hundreds of others to become self sufficient over the last 40 years. My kids come out of college nearly debt free!
Everyone should learn a trade before worrying about any high falutin liberal arts nonsense. And the best way to do that is to enlist for 3 years in the military, preferably the navy or the coast guard, where you can at the very least become a cook with a merchant mariner’s document upon discharge so you can go ship out with the merchant marine with unlimited overtime as the chief cook, so called because he’s the only cook feeding a crew of 20 on a freighter or oil tanker or whatever. Then you can get your silly degree in anthropology or whatever. Scotty Kilmer, the famous CZcams auto mechanic, has an MA in Anthropology which is probably why he’s a professional auto mechanic. When was the last time you hired an anthropologist?
PBD is catching fire 🔥…keep up the good stuff!
College is worth it for the select majors. I went to an average public university, cost was $40k, but first year out of college was $85k/year job (mechanical engineering). My younger brother will probably spend around $60k (+another $60k on room and board), expected salary is $150k/year (he is CS and already got internships from Meta and goes to Princeton). With the right major, college is worth it
Exactly, it all depends on what you’re going to do.
Do you use the stuff you learned in courses for your job
@@jaleesa00 You practically can't get a job as a mechanical engineer without a degree.
@@winniepooh4630 i see
Please let us know how that works out.
I went to a career/trade college in the ghetto that literally shared a parking lot with a strip club. I new exactly the job that I was going to school for. I was trained well I worked hard landed a job and was making almost double than the average Harvard grad and went to school for a fraction of the time and cost. People should look at college as a tool to accomplish a specific task and not get lost in the 'experience' or 'prestige' of a schools name.
what was the job ?
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I am so glad I subscribed to you about 2 years ago the first time I ever heard you. The info you provide is valuable and entertaining. I guess I just figured out how you came up with your name without trying. I wondered ya know. So good.
I definitely like having a backup plan and encourage my kids to as well. That plan is centered around learning an in demand skill. Getting a CDL license, electricians license, plumbing license construction certs/licensing etc. Live below your means while you get that skill and save money. Then start a business, buy real estate, invest in the markets, or find other ways to build additional revenue streams.
Brilliant and thought provoking lesson. Bravo Patrick!!
Thank you for your teachings!
Great video! Ultimately agree that you can learn pretty much anything online. College is only worth it if your going to be a doctor, pa, lawyer, engineer, nurse, accountant or in some form of business.
Thank you very much PBD.. The alternatives were very useful
Watched almost all your videos... been using youtube for past 3 years... and this is the very first time i am commenting because this content is truly amazing.. glad your in states otherwise you would be arrested in some countries just because of this content. These are huge business with major monopoly AND you stepped on there tail. i bet they are hurting.... Love you and your content as always. Bless you and your family.
This may be the most valuable video anyone has had the guts to upload to CZcams. I hope they don't take it down!
They should have no reason to take it down. he speaks the truth
Finally someone with influence exposing this ridiculousness. Thank you so much Pat, LEGEND
I really enjoy your videos. As a self made millionaire in the mechanical service industry, I find your information extremely valuable for the next generation. Keep up the great work, you have a loyal follower here. P.S. I began listening to you previously and found it ironic that I came across this video at the time my company is working on expanding our training services to a privately owned State approved career college for vocational education.
What kind of mechanical service are you offering or producing? I am a mechanical engineer and I want to create something in my field.
Thanks Patrick from sarasota.well spoken bro.speaks to any level of education
This is well said. Instead of forgiving debt, we need to force Universities to slash prices. Andrew Yang was large into this. Issue for most kids is that jobs still care if you have a degree or not..
We wouldnt need to "force" colleges to slash prices. If gov didnt guarantee the loan no banks would lend on worthless degree, causing demand to implode = college drop prices. The free market fixes most things when the gov stays out of the way
Yang is a little wannabe dictator who thinks money grows on trees. Just stop funding colleges. There are already alternatives via Udemy (mentioned in the video), Coursera, Great Courses, etc.
Thats because the CEO's of these companies all went where?
What colour is your Bugatti?
Both can take place
Patrick you're right the mark on with that. I've been saying that for years and begging my son not to take out student loans. It's just a big racket. But I also think we should tax the churches. The Mormon church has billions that they're sitting on top of. They may be one of the wealthier churches, but there's a lot of money in the churches in this country and you can't tell me that they don't act politically. Tax the schools, tax the churches! Enough of this picking and choosing who gets to pay taxes and who doesn't. Harvard and MIT are the biggest property owners in the greater Boston area. And I'm not talking about school buildings, I'm talking about rental properties, commercial real estate, etc. You wonder how many schools would stay in the business if they couldn't be raking in the big bucks. Their mission to educate has been superseded by a mission to stay profitable
Student Debt | czcams.com/video/Y3BxziFr-vI/video.html ? vdsafdfdsa
Excellent video…….very true and relevant.
Valuable information to think about. Thanks.
This story needs to be brought to the masses. Thank you for your voice.
I went to community college three times and always dropped out bc college just wasn’t for me. Now i work as a union lineman and I’ll make 215k this year with no education. Wish I would have joined the trade right outside of high school! A kid in my line school was 19 and was making six figures within 18 months. No he’s 24 with a nice house, pole barn, pool and a bass bout and separate fishing boat! People join the trades work hard then invest in a real-estate or a biz
Hands Down The BEST & Zeitgeist Video you've put out Pat!
Alleluia & THANK YOU, THANK YOU!
Trouble is though, HOW do we convince in an immediate term The Traditional Parents to take a leap?...is where I think the focus should be going forward & I see it VERY doable showing proof of concept getting the kids through an alternative pathway & off to a good start vs "I'll move to the basement Mommy.....w/my useless diploma"
It’s incredible the information given by PBD and Valuetainment. Glad to follow this channel.
If you're not cut-out for the physical demands of a trade, don't forget every trade needs estimators, project engineers, salesmen, etc. These positions have been the hardest to fill for at least a decade. Most field workers don't transition well to office work and everyone else overlooks these jobs. Talented people in these positions with a few years of experience can easily make over 100K without a college degree.
More in mining…
those industries kinda racist, only hire white people
How are you going to become an engineer without schooling? Genuinely curious
@@sethdanielw In the construction industry, a project engineer is not an engineer. They assist in managing a project, ordering materials, making schedules, coordinating with other trades, creating change orders, etc.
They work in general contractor and sub-contractor companies and not part of engineering firms.
@@paulsinkovits ahh ok gotcha. That makes a lot of sense.
Hey Valuetainment. Just a heads up that Udemy has a sale going on right now that actually lists the courses lower than the discounts from your referral links do. Might be worth reaching out to Udemy about that. Thanks for the video!
Wow! Right on video!!!!! Thank you for sharing!!!
Love this video, puts things into perspective! Dayum!