Warren Buffett: College Is An Extremely Expensive Waste Of Time

Famed equity investor Warren Buffett is not a fan of higher education in its current format, as he explores in further detail in this video.

[talisforstmanis]

Do not look for a job, look for an income.

[cavaleermountaineer]

College COULD be a fantastic, worthwhile, valuable experience/investment but the current state of academia/curriculae is largely atrocious.

[bluegtturbo]

I can confirm that most of my high-school classmates who didn't go to university were far more successful than I who spent 7 years studying at 3rd level🤣

[peezy-wheezy]

I think the real reason so many people go to college is because most businesses would have excluded them from the hiring process if they didn't go to some form of college. You always see that question on the application "level of education". If you don't say you have a degree, you are immediately eliminated from the hiring process. I just feel bad for the younger generation that was forced to go through college for employment opportunities that could have been learned on the job. What's worse is how jobs like physical therapy now require a DPT degree, but the job only pays 90k. That's a perfect example of colleges raising education requirements for jobs that are in high demand.

[Victor-tldk]

and he's not completely wrong.

70% of college students would be better off if they just had one year of someone holding their hand and "networking."

(This by the way is what schools like Harvard do, they always check on their students, make sure they have all they need, hear them, help them, respect them, etc. etc.)

[robbie_]

He means for business. If you want to be an engineer, for example, it's not a waste of time.

[tech]

If corporate HR departments weren't so close-minded and butt covering. So many jobs you don't even get considered without a degree.

[Heavy_Distortion]

I went to college, hated it. Had a few lackey professors resting-and-vesting. Many podcasts are more useful than most professors.

[theman-lhhk]

I never went to college, I bought a lot of real estate properties still in my 20s, (worked/saved/bought/ Refinanced/bought more/refinanced more)If I would go to college I would still be there going in circles from 1 jab to another and would have to pay my student loans till my late 40s

[RowdyLpx]

The irony being that both of these men are incredibly well educated and met their mentors during their time in university.

[hammerfist]

Except for doctors and lawyers and engineers and...

[sewnsew]

Both of those guys went to top notch colleges

[RandalColling]

Youth today would be FAR SMARTER to get a high demand trade. Electrician, AC tech, plumber, mechanic. The world really DOESNT need a kid with a degree in "gender studies" LOL

[goldwinger]

Most people today don't go to college to get an education, they go to get a piece of paper because they believe that the piece of paper is their key to a good job. Out of college they find that their piece of paper is of little help because they can't string together coherent sentences, they can't solve problems, and they have little understanding of simple principles of econ, business, communications, etc. For those people, college is a waste of money.

[draneym]

Except for that little problem of corporate employers requiring degrees to get no experience jobs. If I didn't need the piece of paper, I wouldn't have gotten it. But they conveniently leave that fact out, because then the blame for degree inflation would be on them not some kid.

[andres]

Okay let me apply to Berkshire without having gone to college looool

[Smoot]

Lucky for me, the company I work for paid for my bachelor's ad master's degree. But I agree with the title, my degrees are pretty much worthless.

[keciaaskew]

I attend Grand Canyon University for my masters degree in early childhood education. I’m struggling mentally, and emotionally. College is just a waste of time and money. And I’m dealing with student debt.

[Skeptik]

Good call guys! If you want to be successful, study success. If you want to be an employee or have nothing better to do with your time and money go to college. Half my time spent in a classroom was wasted.

[pagosabob]

There are jobs, like being a school teacher, that require an BA degree. Now getting a BA in Education is a cake walk, but necessary. Other jobs also require a BS or BA, but so many do not and I have friends more educated than most college grads, but they educated themselves with reading and mentors, etc.