Why College Isn’t Worth It: The Facts

Inspiring Interviews with Successful College Skippers

Shin is 21 Years Old and Dropped Out of College After Getting Her Job.

Karen Was 20 When We Did the Interview and She Got Her First Digital Marketing Paid Internship When She Was 19

(Kudzai was Only 19 When We Did This Interview Below)

Link to Seth’s Digital Marketing Course (More Testimonials)


Real College Statistics

Student Debt Visualization in Real World Terms – CNBC

Burning Glass Article on College Grad Underemployment

Only 77% College Grads Age 20-29 Employed – BLS Article

New York Fed Underemployment by College Major Chart

Credential Gap Study – People Working in Jobs Without BAs Despite Job Postings Saying “BA Required” 

64% of Hiring Managers Don’t Care About Degree – Millennial Branding Study

15 Companies That Don’t a Degree – CNBC (Includes Ernst & Young, Apple, Google, IBM)

After College Reality Checks

After College – See Hilarious Jobs a Degree Will Get You

Forbes – The Great College Hoax Article

ABC 20/20 Segment on College: The Big Lie

“Paid Off” – New Student Loan Game Show – NBC Article

If You or Someone You Know INSISTS On Going to College Make Sure They Read This Book “Worthless” by Aaron Clarey about What Major to Choose.

Worthless: Guide to Choosing a Major That Isn’t Worthless – Book by Aaron Clarey

Transcript of Videos:

Part 1

Hey, guys. This is Seth. This video is called Real World Reorientation: How to Delete 90% of School Stress and Free Yourself in an Instant. This course is for you if you’re questioning college and looking for a smarter way towards a better future of your own creation instead of what they’ve been feeding you in school. Clarity, freedom, power. This course will provide you with freedom, power, clarity you will not get in school. I’m going to show you how to have more money, more fun, and more control than people who go to college. I’m going to talk to you about stuff that actually matters.

I’m going to talk to you like an adult, and I encourage you to think for yourself and make your own conclusion. I’m going to show you how to survive and thrive in a world that wants to control you and fill your head with nonsense. I’m going to address this issue using statistics and factual realities from the marketplace providing practical and actionable advice, and we’re going to make it fucking fun because I hate boring lectures. This is going to be fun.

Now, you’ve been given an ass-backwards approach to your future. You spend 12 years studying a bunch of absolute nonsense so you can spend another four years studying even more nonsense. Your taught, I like I was, that this is somehow smart, responsible, and good. We have to address this insanity first. That’s what this whole video is about. Right now, you might be feeling confused like Mark Wahlberg in “The Happening.” You might be feeling angry like Mark Wahlberg in “The Departed.” You might be feeling persecuted and like a prisoner like Mark Wahlberg in “Shooter.” But by the time we’re done, I want you to feel like Mark Wahlberg in “Invincible,” like you’re number one. You’re on top of the world. You’re going to feel really good.

Now, I wanted to ask you this question. What if things were really easy? Seriously, guys. No stressing about grades or tests, no worrying about the future. You feel relaxed, confident, and happy, and you learned about the things that matter to you to help you create the life that you want. It’s very straightforward. This is for real. This isn’t a fantasy. I want you to imagine if that was possible. Keep that in the back of your mind because you’re not alone. There’s millions of other students who are concerned about their future intelligently questioning the pressure to blindly go to college. The point is this. You have a choice. It’s your life. It’s not your parents’ life. It’s not your teachers’ life. It’s your life.

This is [Sean O’Donaghue 00:02:33], a student of mine who took my digital marketing course. He’s 18 years old. He makes $60000 a year. Yes, $60000. He has two remote positions. He works from his computer, and together, $60000 a year. That’s more money than any 18-year-old you will ever meet. Often, some people twice his age don’t make that much money. Now, I want you to think of this as an inspiration because this is what is possible when you get good information at a young age. Now, this didn’t happen overnight. It took lots of learning, perseverance, and support, but he’s working a lot and he’s loving it and he’s putting all that youthful energy in the right direction as opposed to the wrong direction which is where everybody else is putting their energy.

This is Karen. She’s 21. She makes $40 an hour, $50000 a year, and Karen never got her Bachelor’s degree. Okay. This is 21st century success in my opinion. She has zero debt. She works 20 hours a week, works remotely from her laptop. She advises business owners two or three times her age. They respect her opinion. She’s able to support her family, spend time with her friends, and she has the skills and knowledge to support herself and do what she wants with her life. Isn’t that what it’s all about? Why aren’t they teaching this in school from the time you’re 10 years old? She found my sites and courses gave her the knowledge and confidence to go against her family and against her teachers and not pursue a Bachelor’s degree. Now, she’s making $40 an hour while her friends who went to college are making minimum wage. It’s always the case.

My background. I’m an online entrepreneur. I travel around the world. I post pics like this on Instagram. A little more to it than that, but basically I’m a digital marketer and I’m a teacher. That’s a picture of me on a beach in Palawan, Philippines which was an amazing trip. I’ve helped hundreds of people change their lives getting jobs and clients in digital marketing, many without degrees. Many who did have a degree had no idea how to support themselves after college until they took my training. I actually remember what it was like to be in school, the nightmarish hell scape of school, and I care about what students deal with today because when I graduated college, I struggled for years because nobody told me this kind of practical, no BS information.

20 years ago is when I graduated high school. In the ’90s, it was another world. Please do not judge my generation. Okay? I had the tie-dyed tee-shirts, the backwards hat, the hacky sack. Life was like this in the ’90s. That’s a picture of me with a fro. Now, everything in the entire planet has changed since I was in high school and I want to give you some historical perspective so that you can appreciate why college is outdated and it’s going to come in handy when we start talking about making money. Let’s take a little look at how things have changed since I was in high school.

Okay. Back when I was in high school if you wanted to get anything, you had to call all the stores in the area. If they didn’t have it, you were shit out of luck. If they did, you had to drive or walk there and pick it up like a peasant lugging a refrigerator up a mountain. Now, obviously you can have anything delivered with the click of a button which was unimaginable in the ’90s. You could even … Yes, I thought these were cute. A toilet bowl-shaped coffee mug and a nostril-shaped soap dispenser. I just wanted to use that as an example of the miracle of modern technology because isn’t that awesome?

Now, if you wanted entertainment back in the day, you had to go to the video store and you had to … Everyone would just spend an hour, “Oh, should we rent this? Should we rent that?” You had to actually rent the DVD, bring it home, put it in the DVD player, watch it, bring it back to the store like a schmo. Now, obviously you can stream movies, TV shows, music. Millions of options at your fingertips instantly including the Two-Headed Shark Attack or The Day My Butt Went Psycho which is an actual animated movie about a butt. Now, I don’t know who the butt’s agent is, but clearly they’re doing a good job because this movie got made.

Now, let’s say back in the day you wanted to find a local business. They actually had this thing called the Yellow Pages or the phone book. They would drop this huge 10-pound book on your doorstep, and for a full year, that was where you had to go to find out if you wanted to find a lawyer or a dentist or pizza place. It was all in this big ass book. That was it. That was it. If something changed in that period of time during that year, guess what? You didn’t find out about it. Now, obviously we have Google where you can find out everything about local businesses and also information like who would win in a fight between a grilled cheese and a taco. My money is on the taco because I think it’s probably got some more street smarts than the grilled cheese.

Now, let’s say you wanted to talk to your friends back in the ’90s. We didn’t have cellphones. There was one landline per house. Everybody shared one phone. It sounds so primitive now. If your mom was on the phone, you couldn’t use the phone. Your friends would either get a busy signal or your mom would say “They can’t talk right now.” You were so mad because you wanted to talk on the phone. Now, obviously it’s unimaginable. WhatsApp, SnapChat, Instagram, phone, Facebook Messenger, Twitter. You have so many ways of communicating with people, it is absolutely mind-blowing and you have your own damn phone which I’m so jealous of retroactively.

The point of all this, guys, is that this stuff isn’t just cool. It’s transformed the global economy. This is going to be very important when we talk about making money. It’s why it’s possible for 18-year-old Sean to be making $60000 a year. Okay. It’s not just cool because you can SnapChat pictures to your friends. Everything in the world has changed in the last 20 years. Everything except education. Education is the same. You are doing the same thing in school that I did 20 years ago, and that is crazy. It’s absolutely crazy. Okay?

Universities were founded in Western Europe in 1050. Lecturing has been the predominant form of teaching ever since. So this approach isn’t just 20 years old. It’s 1000 years old. That’s why it’s so terrible. 1000 years ago if you had hemorrhoids, they shoved a hot poker up your ass. Seriously. Now, we no longer use this cure for hemorrhoids. Why are we using the same approach to education? It’s a fair question.

Back in 20 years ago when I was in high school if I needed information, I had to walk to the library and try to find a book that might have some of the information I wanted. If the book was checked out, I had to wait two weeks for it to come back. Nowadays, obviously you can go on the internet. You can find out anything you want including a list of inventors killed by their own inventions which is ironic and kind of sad but also fascinating. But in all seriousness, guys, the internet has more information than any textbook. There are four billion pages on the web and we take it for granted because we use the internet for entertainment and communication, but you could learn almost everything you’re being taught in school in a week just if you started googling stuff. That is miraculous in my opinion.

The internet has made it possible to learn almost anything from anywhere. This is [Shin Park 00:09:52], one of my students. She’s 21. She has no college degree. She found my course.

I started at $36000 a year and I’m currently at $42000.

After two months of working at the job?

Yes, after two months.

21 years old, no college degree. She just learned stuff online and applied it in real life. That’s the kind of thing that is possible because college is slow. Four years of lost wages and savings, four years of lose life experience and learning in more modern ways outside of classrooms, lectures, tests, and grades.

Now, Karen saw this, but when Karen was in high school, she was a great student but she didn’t want to go to college. She figured there’s got to be a better, faster way to get ahead in my life. She went online to find out is college necessary or worth it. She saw a lot of videos, read a lot of articles, and really there was nothing conclusive. It was mostly a lot of polarizing opinions on both sides, nothing with facts or logic. So she said to herself “I should be able to have an intelligent conversation about this topic with my teachers and my parents,” but every time she brought the subject up to her parents or her teachers, it basically went like this. Karen would be like “Hey, do I really need to go to college?” Her parents or teacher would say “How about a nice big cup of shut the fuck up?” Basically she was told “Don’t ask questions. College is the only way.” She literally had a teacher say that to her, and clearly, it is not true at all.

Here’s the problem. You can’t see the future clearly because you’re fighting deeply held, outdated, inaccurate beliefs. It’s like brainwashing or hypnosis. Your parents and your teachers are like Wormtongue in Lord of the Rings. They’re whispering these lies into your ears, and you’re like the good king who’s very strong, but your mind has been poisoned. “You got to go to college. You got to go to college.” You want to resist. You want to resist, but it’s just too insidious and that’s why I want to give you this information.

How to adult, it should be simple. I should teach you, I could teach you how to make money on your own terms, a job or career working for yourself that’s fulfilling so you can support yourself, travel, do what you want with your life, how to network, socialize, have a balanced body, mind, spirit, i.e. be happy, i.e. stuff that actually matters, not the Pythagorean theorem. But even if you start asking questions like Karen, say “I don’t think I want to go to college,” you’re going to have to deal with everyone else being like a zombie, either not thinking or actively attacking your questions.

Your parents and teachers believe in college like a freaking religion. You shouldn’t have to believe in college. It either works or it doesn’t. It is not working. You’re going to see so much evidence for this in the next 20 minutes, it’s going to blow your mind. It’s like waking up out of a cult. Now, parents have their own self-esteem wrapped up in your attending college 90% of the time, and that’s their issue, not yours. I’ve seen some parents can’t imagine having a kid who doesn’t go to college with no concern if it’s the best thing for the kid or not. It’s not sensible. It’s not practical. It’s mass hysteria like in Ghostbusters.

Fire and brimstone coming down from the sky. Rivers and seas boiling.

40 years of darkness. Earthquakes, volcanoes.

The dead rising from the grave.

Human sacrifice, dogs and cats living together, mass hysteria.

Enough. I get the point.

Mass hysteria is a condition affecting a group of persons characterized by excitement or anxiety, irrational behavior or belief. Now, doesn’t that sound like college admission process? It’s like the college admission process is like Black Friday: frantic panicked students and parents desperately trying to get into college like a bunch of crazy people trying to get an LG TV for 30% off.

Human sacrifice, dogs and cats living together, mass hysteria.

Enough. I get the point.

You are sane. This is the point I want to make. They are insane. Okay. If you’re questioning all this crap, then you’re the sane one. Okay. Your parents or teachers in the society, they’re the Joker and you’re Batman. You’re the good guy. As soon as you start bringing up these questions about college, you’re going to get a lot of emotional reactions like “How are you going to get a job? Do you want to be a failure? College graduates make more money. There’s nothing more important than an education. You’re going to be banished into the phantom zone and cast into deep space if you don’t go to college.”

My point is you’re going to get a lot of emotional responses from your parents and your teachers and very few facts, guys. Very few facts. A lot of emotions. You might even hear people say “Well they can’t take an education from you” like there’s burglars who are going to break into your house and steal your freaking education. It’s absurd. I’ve actually heard people say “I went to college because an education is something that no one can ever take from me.” Who the hell is trying to take your stupid education? Nobody. It’s ridiculous. It’s impossible to make a rational, informed choice with all this nonsense going on in your head. So the whole point of this conversation here is I want to clear out all this crap from your head so you can think clearly.

I’m going to do that with facts, not beliefs or pressure. Here’s a fact. College degree doe snot lead to more money. It does not lead to more money no matter what you’ve been told. We’re going to investigate that. You can have a great career and make more money without a degree. You can network, have fun, make friends. I repeated network. Enjoy your life without college more so. You can have more freedom, power, financial stability without college, and you can be a well-rounded, respected, happy person without college and a stupid little diploma like I have with little calligraphy on it.

I hereby confer upon you the honorary degree of THD.

Oh, joy. Rapture. I’ve got a brain.

That’s what a diploma is. So critical thinking. Critical thinking is not reading an essay and regurgitating the main thesis in school. It’s questioning beliefs, assumptions, and ideas and not accepting or doing what you’re told, being a rebel. That’s critical thinking. This takes courage and intelligence. This is your teachers, parents, peers, society, and this is you. You’re Thor, Thor Ragnarok. You’re the god of thunder armed with facts and critical thinking. You have power.

Part 2

Speaker 1: So what should I major in? The answer is money. Money will dominate your life and the life of everyone you know from graduation to death. There are no exceptions. So if anybody ever asks you, what are you thinking of majoring in? You tell them, I’m majoring in money. I’m not majoring in history, or women’s studies or even business. I’m majoring in money, ’cause business majors are broke. Student loans, borrowers now graduate with an average of $37,000.00 in student loan debt. Now, you might have heard this, I wanted to make this real for you, that’s a down payment on a house, that is a car or a truck, a wedding, a swimming pool or a start up cost of a traditional business. An online business can be started up much cheaper, we’re gonna talk about that later but this is real … this is a lot of money guys. It’s not something to be taken lightly.

The problem is you’ve wrecked your finances before you’ve even started your life, if you start taking out these student loans. This is real life financial destruction. It’s just as real as Terminator 2, nuclear war, it is a freakin’ nuclear war on your finances and that’s why it drives me so crazy! You know, a $37,000.00 in debt it’s like a gambling debt, and once you pay off it with the interest, you would have paid off $50,000.00. You need to be making at least $50,000.00 a year to pay it off comfortable which no college graduate is making. That’s $428.00 a month guys, on top of all the other stuff you’re gonna have to pay for once you’re out of the house. Your rent, your clothes, your car insurance, your car payments, your gas, everything. It is, it decimates people’s lives, and this is something you need to be thinking about in the beginning.

Doesn’t college earn you a million dollars more in a lifetime? A lot of people will say this, and so well it’s worth … it’s worth all the debt and all the other crap that comes with it, but this is incredibly misleading, propaganda. There are a lot of aspects of selling education tinged with consumer fraud. This is from an article in Forbes magazine, “There’s a definite conspiracy to lead students down a primrose path. Statistics are used to paint a false image of student success and nobody looks deeper.” We’re gonna look, in this presentation, we’re gonna have so much more information than anybody you know from this presentation. This gets me really fired up guys, because they are basically lying to you with that million dollar figure.

Speaker 2: He’s one of many who say there are some ugly statistics the education establishment doesn’t like to talk about. Like the truth behind that million dollar bonus.

Speaker 3: there could be no more misleading statistic that I could possibly tell you about.

Speaker 2: Misleading them [inaudible 00:02:27] says because it includes super-earners, like these billionaires. They skew the average.

Speaker 1: So which is it also? When you talk to your teachers about this, some of them are going to sidestep the whole logical argument by saying, “Education isn’t about the money,” which is bullshit, obviously it is about the money. They also might flip it the other way and insist that going to college earns you more money and both of those things are lies, and that’s what the conversation states. Someone might say, “it’s worth it for you to ruin your finances when you’re 20 years old because education isn’t about the money,” and if someone is saying that to you, Hey! I’m paying for this, so it is about the damn money!

So what about doctors and engineers? Here’s another thing you might hear. They might say, “well are you saying doctors shouldn’t go to college?” Of course not! But there’s only 89,000 people a year that go to medical school. There are 16 million people who go to college, that’s 2% of the population goes to medical school, 5% of the population become engineers which is a degree that actually can earn you some money. I’m talking about this whole everyone has to go to college or they’re screwed and that’s a personal attitude that’s shoved down everyone’s throat, and I know if you’re watching this, you’re probably tired of that bullshit too. So let’s get into to some of these facts. One more thing, four years of fun or 40? You spend 12 years to blow your load on this four year summer camp, and is it fun? Sure! But it’s like the worst financial decision most people make. Many grads spend their entire lives cleaning up the mess, paying off their loans and struggling.

Here’s my point guys. You are smart. You don’t need to go $40,000.00 in debt to make friends and get drunk, or even to go to college parties, because I went to tons of college parties in college that weren’t at my school. I just go to visit my friends or go to a town that has a college and go to a party. You don’t have to go in debt to do that. So I want you to imagine, now you’re 22 years old, you’ve just finished college. The first day after college graduation is like the world’s biggest hangover. Here’s stress before graduation, good grades, midterms, APs, SATs, gotta worry about graduating. After graduation, how do I make money? What do I do with my life? And you haven’t addressed this for 16 years and it hits you like a ton of bricks. What the hell have you been doing and studying all that time?

So this is the conventional, or as I call it, ass-backwards approach to education that all your teachers and all the politicians says is smart, and it’s so stupid. College prep; so all of high school, from 15 to 18 is spent with college prep. You’re doing things just to get into college. You’re learning so much crap and forgetting it and doing the APs and all the extra curriculars and joining the math club and doing this, oh I gotta put a sport … I gotta go and join cross country so that looks good on my application. You put all this time and energy just to get into college. Once you get into college, you’re studying some nonsense, english, psychology or business which are some of the most popular majors, you have no ideas even why you’re studying it, but you’re building up debt while you do it and then when you’re 23 or 24 years old you get an entry level job, unrelated to the previous 16 years of your life that pays you so little that you could barely pay off the debt you have incurred. This is ridiculous!

There is no correlation between anything that you are studying in school, your degree and your future life as an adult in the working world. Let’s say you studied medieval history and you learned about jousting, what job will that knowledge be relevant to when you walk in and you’re like, I know a lot about jousting? Great, get to the fucking mail room. It’s like saying if you want to be a fighter pilot you should study jazz flute. That doesn’t make any sense, and I’m gonna prove this to you right now. First of all these are actual college courses, I did not make this up. So this is from Cornell University, someone is getting a liberal education they’re learning about Limits of the Humans, Alien Apes, Nature of the Universe, Swedish Massage, Ancient Egyptian Civilization, Gender, True Stories, History of Rock Music, and someone’s paying like $6,000.00 a semester for this, or a class for this.

So after college, this is a website where you can type in your major and see what kind of jobs are available. If you majored in history at New York University, what kind of jobs can you get? History? I’m a professional historian, no, automotive service manager, executive assistant, program coordinator, executive’s assistant and this is my favorite, service deli assistant, wow! Glad I got that history degree so I know the history of ham, the history of cold cuts. These are the types of jobs that college students are getting. Sales, this is the biggest one. This can mean a commission or selling position but most often it means retail. The other most popular among college grads, customer service, sitting at a call center office either answering phones all day. Sure look at the job category, 50% are sales the next biggest one is customer service and then the third one is administrative or an office job, which is 40 hours a week in a cubicle.

This is where most college grads go, customer service, retail, or food service also that’s a big one too and office jobs, and you know customer service reps in the U.S., the average salary is $12.00 an hour and it’s because they have no relevant skills. You haven’t learned anything remotely relevant to life while you were in school. So, you know, this guy then in the spring semester you’re learning about creative writing and literature and media in Japan, that’s so exciting, statistical theory and conversations about inequality, $6,000.00 a class and you’re gonna come out and get a job in customer service. So even if you majored in Psychology, the majority of the jobs available are in sales guys. Then the next biggest one is customer service and then mental health, which is this very small sliver here which I think is what you should have checked if you are not questioning this line of thinking, have your mental health checked.

Here’s another concept called underemployment. This is where somebody’s working a job that did not require the degree to get the job. It is over 50% for most majors, in fact, business has the highest unemployment rate 56%, history 51%, political science, english language and psychology and I point these out because these are some of the most popular majors. Let’s talk about unemployment rates, if you look at the way that they measure unemployment, it doesn’t include people going back to school who are not counted as actively looking, it’s a very narrow definition so when you look at these numbers you think, well this is very good. Look Bachelors degree only has 2.5% unemployment whereas the high school grads have twice that. Well college must be a good investment, even though this day for ages 25 and over were working full time, full time workers.

The reality is that from the Bureau of Labor and Statistics the government, for people age 20 to 29 who received a Bachelors degree, 77.6% are employed. Well, doesn’t that mean that 22% is unemployed? That is like numbers from the great depression! That was when the country was in turmoil and people were in bread lines. This is a more realistic picture of the unemployment rate in the United States for college graduates, plus there’s 1.5 trillion dollars in student loan debt. You can’t even comprehend how much money that is. How is that possible if grads are working and earning more money? If college graduates were actually earning back the money they invested in college, this would not be going up, up, up, up, up even as tuition is going up. Something is very wrong with these statistics in this equation and we’re gonna dig into that more in a minute.

Our common sense says, this is insane! Why would you put in 16 years worth of work to get a degree and get a job you could have gotten without the degree? Why would you decimate your finances to do it? This is very common, Ken Troy was a student of mine, he had two degrees, he sent out 100 applications after college and he got no interviews.

Ken Troy: Basically I went to college and got a degree in Philosophy, nothing came of it. So I went back to school and got a degree in exercise science and again, not a lot of jobs out there for that degree either so I was basically looking for about a whole year and not getting any call back with basically any jobs, and I applied to like over a hundred.

Speaker 1: This is a very common story. Just I would sometimes talk to a college graduate that you know. Just talk to one of them, see what it’s like. Are they living the good life? Are they out there making tons of money paying off their debt? They’re probably not. Ken thankfully took my course, he learned some relevant skills and now he’s in digital marketing and SCO specialist.

Ken Troy: It’s such a change of pace from when I graduated because when I graduated I was applying like as many marketing, just general marketing jobs not digital marketing and just pretty much any job I could, and I would be lucky if I would even get a response, but from that to actually getting requests from recruiters is a great change, right? Everyone wants to be wanted.

Speaker 1: So it doesn’t make you well rounded to get a degree, it doesn’t make you educated, it just makes you broke and maybe even a little bit better at trivia. For instance, if you’re watching Jeopardy, look college set literature, yeah! If college was such a good investment why is there a new game show where winners get their loans paid off? Is this more dignified than going through life with no degree? I mean seriously, do you have to be on a game show? Like you’re so desperate to pay off these loans, you can’t find work, the promise of higher pay was a lie and so you’re gonna go on a game show to pay off your student loan, it’s pathetic.

Now, there is one reason for this insanity okay and it’s something that’s happened over the last few decades. Employers do often add bachelors degree required for jobs like assistants or working at the deli or being a receptionist and it’s called credential inflation. So putting a degree in a job description that has nothing to do with the job that’s also another reason why realistically there’s so much underemployment, actually that was very close. There is actually a reason for this insanity. Employers do often add bachelors degree required on jobs like assistants or receptionists or working at the deli or some ridiculous things and it’s called credential inflation, it’s been happening more and more over the last few decades. It’s putting a degree in a job description that has nothing to do with the job, but if you look at the numbers … first of all here’s a survey of hiring managers, 64% said they’re gonna consider people without a degree regardless, and studies like this just don’t get any publicity. The publicity is always about how you need a degree which is not true.

Look at these actual factual concrete numbers about the percentage of job holders that have a bachelors degree versus the percentage of postings that say they require a degree. So this is the big thing to look at, it’s called the credential gap. So you can look at all these different fields, management, office jobs, business, computers, sales and you can see in this column over here like 68% of the job postings say you have to have a bachelors degree, you have to have a bachelors degree if you don’t have a bachelors degree we’re not even going to talk to you, and in reality only 42% of the people working in the field have a bachelors degree. Same thing with office, only 45% even say you need a bachelors degree and only 20% of the people have one. So there’s this huge gap, the only field where there’s no gap is healthcare with nurses. 33% of the postings say you need a bachelors degree and 33% of the job holders have one because to be a nurse is something that has licensure.

None of this other stuff has licensure. So, here’s what you need to take away from this. First of all nearly half of all job postings anyway don’t require a degree, so for office jobs like I said, in sales where most graduates are going into, only half say you need a degree and of those postings not even all of them require the degree. Do some searches on LinkedIn, you’re gonna see some postings say bachelor degree required, some say don’t. It’s not 100%, you’re not gonna be living in a van down by the river just ’cause you don’t have a stupid degree. This is how someone like Ash, who’s one of my students, he didn’t even get a high school degree. He has a GED, he got a $41,000.00 a year job and then he levels that up to a $50,000.00 a year job and he’s doing amazing because he learned skills that had nothing to do with his degree.

There’s another thing out there called temp agencies, and it’s like a talent agent. They actually help you get work because they get a percentage of your salary and they should be teaching this in high school because the temp agency, I’ve talked with people who hire there, and they say it’s always the same, half the candidates whether it’s an office job or an assistants job half the candidates have a degree and half don’t. It’s not required. So, with credential inflation this is the problem, there’s this idiotic advice from your parents and teachers as get the degree because employers have added it to the job postings. Oh my God! It says bachelors degree oh go get that degree! Spend five years in freakin’ go into debt to get this stupid degree.

A smarter idea is to understand … First of all it’s not necessary to have the degree and to find other ways to stand out. So which way makes more sense to you? I’d say if there’s even a 50% chance that you don’t need a degree, if there’s even a 20% chance you don’t need a degree, why would you kill yourself, go into debt, ruin your finances, waste four years of your life if you don’t need to?

Part 3

So, yay! You can get the same shitty shot as any graduate. And you really can, guys. You can get a sales job, you can get a customer service job, you can get an office job right out of high school. You can do that. You would have four years of work experience and be a supervisor to new college hires. It’d be great.

So, you’re 22, you’re the boss, and all these stupid college grads come and they’re like, “I’m … I’ve got a degree in history. I’m gonna take over the world.” And you’re like, “hey, kid, get over there and get my lunch, get my coffee. That’s how it works.

So, I’m not saying that you necessarily even want one of these crap jobs, but you can get one just like any other college graduate. And if someone says to you, “you can’t get a job without college,” you need to share all this information, share the numbers, and ask them to explain their position, and make them defend that statement in the face of facts and data. You will win that conversation every time because you have actual facts and data, and everybody else is just going off conjecture and a lot of crap that they heard.

So, we’re getting … we’re almost there. We are so close, and we’re almost ready for the good stuff. I want to just be able to get in tune to how do you build a life that you actually want. How do you make money? But, we have to deal with the last element of this stupid college conversation.

It’s like, the finale of any movie where there’s just one more big badass villain to overcome, and that’s this, and I will … oh, I want you to have the best defense/offense argument to absolutely shut up anyone who gives you trouble, okay? An airtight logical argument, or the equivalent of a gun from the future, and you, you got to be able to address this nonsense.

And that is this: you’re gonna hear that you still … you’re still gonna hear that a college degree earns you more money, and this is 100% organic, pure, grade A, top of the line bullshit. It is bullshit. And here’s why, okay, misleading statistics are widely promoted. If you Google “what do college graduates make?” the top result is gonna be from Time magazine which is normally a trusted resource, but if you look at where they’re getting this data it says $50,000. $50,000 a year?! Are you kidding me? Talk to any college graduate, they’re not making $50,000 a year.

This data comes from the National Association of College and Employers, okay? Do you think these guys are impartial? These guys are the “leading source of information and employment of college educated,” that’s what they say on their own website. The board of directors is comprised of former college career counselors. Guys, this is like asking Exon and Shell what is the best source of energy? Is it solar, is it wind, or is it gas? And then Shell and Exon say, “well, we think it’s gas.” It’s totally biased. Of course, these assholes who represent the colleges are gonna have statistics that make it look like college is a good investment, but they are lying. They are lying so badly.

How can the average salary for a college graduate be $50,000 a year when college underemployment is so high? When unemployment is so high? When customer service … most people are working in customer service, sales, and office jobs making $12 an hour, or maybe $14 an hour working at restaurants. How can they be making $50,000 a year?

First of all, the average doesn’t account for majors, so you’ve got engineers and software developers that actually do make some decent money, and they’re all lumped together. And if you look at how the NACE breaks down their, their numbers … look at this, this is basic statistics, you know. This is stuff from, from high school, or even middle school, okay? You got … they sample these number of salaries. I’m going to show you what these guys actually do. They sample their own people, first of all, it’s not a real scientific study. They actually voluntarily ask for information and they mess with the data.

So, they sample 3,000 or 4,000 engineers that are actually making $55,000 a year, and then they sample 149 english majors who are making 24,000, they’re making, like, $12 an hour, right? And then, you got to think of … you got to really think about … this is critical thinking, engineering degrees only, only account for 5% of Master’s Degrees awarded yearly, okay. It’s 98,000 engineering degrees out of 1.85 million. So, there should only by 5% of the, uh, salary sample should be engineering. But it’s not, it’s the most.

So, you got 58 foreign language people, you know, so, a few english language people, a few people doing leisure and fitness studies and philosophy, and 4,000 engineers. Don’t you think that’s going to throw the data off just a little bit? It does.

So, then they wrote up this BS report. Time magazine doesn’t think any deeper at all. They just throw it up there, and now some 17 year old Googles this and says, “oh, I’m gonna make $50,000 a year when I major in interpretive dance.” And that’s why you have $1.5 trillion dollars in student debt. If these guys were actually making $50,000 a year, guess what, that debt would be going down, or it wouldn’t be rising so astronomically.

So, they jumble all the salaries together. It’s very, very misleading. That’s the first problem. The second problem when it comes to the question of college grads earning more money is this earnings and unemployment rates by educational attainment. Now, this chart is Thanos, okay. This chart is so misleading and misrepresentative of reality that you really have to understand it to, to really get that this is why there’s, uh, $1.5 trillion in student debts, okay, in student debt.

First of all, this data is 20 years old, um, and it’s only employed people over the age of 25, but look at what it’s saying. It’s saying that the average bachelor’s degree holder is making $1,100 a week. That’s insane, guys. There would not be this student debt if that was true, and you have to think deeper, you have to use your critical thinking, okay?

So, it looks like the more education you get, the more money you make, the lower your unemployment is. Absolutely misleading because correlations are not conclusive. Now, you don’t even need to, um, know statistics to understand this. A correlation is just, like, circumstantial evidence in a trial. You know, you can’t, you can’t convict someone of murder based on circumstantial evidence, like, “oh, what, uh, the murdered was wearing a pink shirt, and Joe likes pink shirts so Joe must be the murderer.” That’s it, it, it, it’s, it’s, it’s not conclusive.

So, here’s what actually happens and why those numbers look the way they, they do, okay? College is pushed on everyone, so those who don’t go at this moment before skip colleges of, uh, skip college for success, people who don’t go to college aren’t the driven, bright people who are entrepreneurial like you guys. Most of the people who don’t go to college now are just not as driven. They’re not the brightest. The bright people go to college.

And, you know, this is starting to change, and that’s a … I want to, you know, affect that change, people going to a career path versus college. In 2016, 70% of people went to college, 2017, 67% percent went to college. So, it’s a 3% percent drop. Maybe next year it will be more, and more, and more. But, you know, most people go to college and what happens is a smart person goes to college, they wast four years, they incur debt, and 10 to 20 years later, they grow their career and they make more money than the person who didn’t.

And this is what happened with me, and almost everybody that I know, okay? I graduated in 1999 from NYU, I spent 10 years working, waiting tables, doing office work, telemarketing, doing bullshit jobs. I worked for … I worked at the Haleakala Crater in Hawaii. I did. I delivered pizzas for Pizza Hut. And 20 years after I graduated, I figured money out. I figured a lot of this stuff out, and I went from making 20 or $30,000 a year to making $100,000 a year.

I worked my ass off, but these assholes are gonna lump my earnings in with the BA, and they’re gonna use those statistics to tell you that I’m making six figures because of my degree, and that is a lie. It is an absolute falsehood.

Like the truth behind that million dollar bonus.

There could be no more misleading statistic that I could possibly tell you about.

Misleading, Nemko says because it includes super earners like these billionaires. They skew the average.

It is correlated information. So, don’t believe it. Don’t believe that information because you can correlate any two pieces of data, okay? You could correlate the people, uh, number of people who’ve drowned after falling out a of fishing boat with the marriage rate in Kentucky and you go, “oh, these, these … looks like one of these pieces of data’s affecting the other, hmm. Well, when that marriage rate goes up in Kentucky, I better not go fishing because I might drown.” It’s insane. With no control, the data is meaningless and hilarious.

So, same thing with this chart, Medium Lifetime Earning by Educational Level. It looks like the more education, the more money you make because of the degree, so, “oh, I should get a Master’s Degree, I’ll make more money. I should …” and this is the other thing these guys did that’s so misleading; they put PhD in with JD and MD. PhD, guys, my dad has a PhD, is when you spend … it’s like the ultimate intellectual masturbation, you are doing, you are getting the most hardcore useless degree there is. But, JD and MD, that’s a lawyer or a doctor, so they’re gonna lump the most useless degree, a PhD, in with the JD and MD, and that’s really misleading because there’s not P, PhD’s are not making $300,000 a year, alright?

So, you can correlate anything. You could correlate the divorce rate in Maine with per capita consumption of margarine. You can say, “well, well, when that divorce rate in Maine goes down, people stop eating margarine. We need to get that margarine consumption up, let’s have divorce rate go up.” It’s, it’s just data, and, and without a control, it doesn’t mean anything.

So, here’s what … I’m gonna explain what that means very simply. It’s very simple, guys. You know, just think of it this way, is this guy on the left gonna make less money because he doesn’t’ have a degree than the guy on the right? Okay. You got some asshole who’s not, you know, not very driven, and then you have some science nerd, and you lump them together. And if they lump good students, driven people, and people without aptitude or drive into one big pile, it’s totally nonconclusive.

So, here’s what would be statistically accurate. For a real study, you have to take a thousand college ready people, like you guys, who are smart and driven, and you send 500 to college, and you have 500 skip college, and it’s never been done before because all they’ll do is they’ll say, “oh, this …” you know, “this … the people who happen to go to college happen to make more money.” This is a control and a variable, okay, so if you take 500 college ready people, send them to college and the, um, mm …

So, this is a statistically accurate study. You take … you have to compare two similar groups. You take a thousand college ready people, you send 500 to college, and you have 500 skip college, and this has never been done. Never been done. There’s a control group, and a variable group. Guys, this is basic stuff when they test, when they test medicine to see if a medicine works, they have a placebo, they have a control group, so they’ll take 100 people and they give 50 of them the drug, and 50 they give a sugar pill because you have to have people who are similar doing different things to see what the difference is. And if you want to prove that college is the reason people make more money, you have to do it this way. It’s never been done.

The closest thing is what we’re doing now. I have so many students like Zach, and Shin, and Karen, and, and so many other people who are having such success in life without college. And these are people who would have been pressured to go to college, but because they didn’t go to college, they’re not sleeping in a ditch. They’re doing better. They’re doing better than the other people.

Many successful college kids would have been successful, whether they went to college or not.

You could take the pool of college bound students, and you could lock them in a closet for four years, and they’re gonna earn more money …

You could spend four years twiddling your thumbs, sitting in a closet, eating ice cream, playing video games, I don’t care what you do for four years if you do something other than college, you’re still gonna make more money, you’re still going to be successful in life. That’s my whole point of this whole, this whole thing. My whole, insane thing.

So, congratulations! You made it. You made it through the matrix. You’re still in school, but now you’ve taken a realistic trip into the future, and you’d examine things that most people never even look at.

So, I want you … my goal for you is to stop stressing and relax even though I’m about to have a hemorrhage here screaming about this. I want you to stop stressing about school and relax because you are in a … it’s like you’re in an asylum right now, and you’re the only sane person.

SATs, APs, grades they’re a waste of your time and your energy. It’s gonna lead you to the future that you’ve just seen where you wasted all this time and you don’t need to do it, so you can relax.

So, when you skip all that bullshit and you stop stressing about your college admissions, and your APs, and your grades, you can start focusing on creating a life that you want. Or you can at least take a breath, you know? Screw getting As, get Cs, no one cares. I’ve been an adult for 20 years and I can’t even think if anyone’s ever asked me what my grades in high school were like. It’s meaningless.

So, now you’re ready for the skip college for success approach. This is where from age 15 to 23 you focus on stuff that matters: making money, self-development, self-directed learning. Mostly making money because then by the time you’re 23, you’re 24, you have a foundation and you have the ability to do what you want with your life. Travel, you have a choice, you have freedom, you have power. You can do what you want. You’re not sitting in a mountain of debt, you know, freaking out about getting your first job at Starbucks or at some office somewhere.

So, let’s look at the typical $15 and hour customer rep job. Let’s say you’re 18 years old and you skipped college. You have no debt, you have a head start, and you’re on a stepping stone to your next project, you can support yourself, and save money, and actually enjoy this, you know, kind of, maybe boring job. But if you’re 22 and you have a degree, oh my God, it is hell. You have $400 a month in loans, you’re four years behind the 18 year old who skipped college, you have a wasted degree, it’s really hard to save and support yourself, and that doesn’t even take into the account the stress and just the internal, like, freakout of “what the frig did I just do with the last four years, or, you know, 16 years of my life?” Puts you in a much better position.

So, there’s resources telling the truth, and they exist, but they’re just not that well known. I have provided a lot of these resources in the resource section. There’s a book called Better Than College by Blake Boles that’s great, there’s a website called uncollege, a website called successful dropout, Hacking your Education by Dale Stevens, the Education of Millionaires, all these books are so awesome because they’re full of practical, common sense, empowering information that is completely different than everything you were taught in school.

And, by now, I hope you can see there’s no “didn’t go to college” monster that is going to eat you. In fact, you’re better off and you’re getting a head start, really. Really you are. Because conventional wisdom is usually stupid. It’s so stupid, you know, doctors used to endorse cigarettes. 20 years ago the things we thought were real, you know, and true, we no longer think that. Things are always changing. You are way ahead of the curve, guys, and if … don’t wait for conventional wisdom. That’s what I’m saying. If you wait until everybody catches on to this, then you’re gonna be in trouble, you know.

In 1951, Ronald Reagan was in a movie with a monkey. Who the hell knew that he was going to become President of the United States. I’m not gonna use Donald Trump as … you can say anything about Donald Trump. The point is, you don’t know what the future is gonna bring, and we always look back and kind of laugh at what we used to think. I’m 40 now, which is insane because I remember being 17, guys, it goes fast. I don’t care if you’re 13, or 17, you think, “oh, being a teenager sucks, I wanna grow up,” it’s gonna go fast.

Life moves pretty fast, you don’t stop and look around once in a while, you could miss it.

Once you hit 18, you are legally an adult, so it’s your life regardless of your age and you should start operating like that. Nobody can make you go to college, nobody can make you take out loans, it’s your signature on those forms, and you, you stand up to your teachers and your parents and say, “it’s my life, it’s not your life, you can’t make me do crap,” okay?

And now you have the facts to back that up, and a glorious fire will be lit under your ass as your mind is freed up and you learn what to do instead of the nonsense they’ve been teaching you in school.

So, again, this is the skip college for success approach. This is where we’re going to be getting into in the rest of the course. Making money, self development, self-directed learning, relevant to adult life after 22. Let’s set you up for 40 years of happiness instead of the four year load that you would normally blow in college, and we’re gonna get into that.

If you’re gonna pursue a piece of paper, this is the better option which leads us to the next section which will be after the next video called How to Actually … Make Money. There’s one more video in this section called It’s All About Self-Directed Learning. I want you to watch that video, and then we’re gonna get into how to actually … make money, and I’ll see you there.

Life moves pretty fast, you don’t stop and look around once in a while, you could miss it.