It's Time To Admit College Is Driven By Speculation -- Not Investment

By Zachary Slayback - LinkedIn post

One of the most popular tropes among career advisors, guidance counselors, school officials, and college recruiters today is that going to college is an investment. As more and more options for work experience and education outside of the higher education cartel crop up, those pushing the college option on young people are forced to fall back on telling the young that, though it may look costly now, it will pay off in the future. Like their Housing Crisis predecessors, they urge young people to take on the seemingly-unimaginable cost with some statistics and graphics showing that, in the recent past, a college degree pays for itself over a lifetime.
It’s time that we admit that this isn’t the case.