Answer this question based on the write up given
Spending long years at colleges for a degree does not look attractive to many as there are innumerable other ways that make youngsters find their living easier.
• Do you think it is not good to spend some years at college?
• How good is it to depend on oneself when it comes to profession?
Is College A Big Waste Of Time?
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Bangalore: Getting a college degree is a very important thing in these days and it says that those who go to college make more money and have more opportunities than those who don't. Earning a college degree, taking an entry-level job, and working for the promotion ladder has always considered as the safest path to success, says Kimberly Palmer, in Business Insider. But despite the fact that research repeatedly shows that people with college degrees earn more and face lower unemployment rates compared to people without college degrees, more people are questioning the value of the degree, reports U.S. News.
There are many businessmen, philanthropist, authors, popular bloggers and academics are increasingly urging about a 'more do-it-yourself' approach and more young people appear to be following their controversial advice.
Michael Ellsberg, author of the new book The Education of Millionaires, argues that many young people would be better off skipping college altogether and going into business for themselves. He says "for the typical kid who isn't really sure what they want to do, and who just wants a general introduction to becoming an adult, $50,000 a year is a very expensive price to pay for that." He also mentioned that his own degree from Brown University proved useless in the real world.
In fact he says his experience there made him a worse writer. He also argues that it's not a good idea to pay tens of thousands of dollars in tuition, and says studies showing that unemployment rates are much higher for those without a college degree are misleading. However, Ellsberg urges people to educate themselves to learn how to market themselves. He acknowledges that in certain training-intense fields, such as medicine or law, a college degree is necessary, but for many young people, who plan to go into the business, art, or technology, there are better and cheaper ways to learn the necessary skills.
Peter Thiel, businessman and philanthropist, offers young people fellowships to start their own businesses instead of going to college; one of the first recipients is Dale Stephens, founder of the website uncollege.org.
Richard Vedder, the American Enterprise Institute has argued that colleges are failing to educate students while getting more and more expensive. An Econoimics Professor, Andrew Sum, at Northeastern University, has pointed out that many young college graduates, age 25 and younger, are forced to take jobs in customer service and retail that don't make use of their college degrees, while these students are still paying very much for them.
Well, though there are many arguments regarding the importance of college degree, but at the same time we cannot deny the fact that in our society college degree is still very important. What do you think about today's degree? Are they really useful? If you know any examples of alternatives to college that are working well, please let us know.
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