Colleges you need to avoid...

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These videos are for entertainment purposes only and they are just Shane's opinion based off of his own life experience and the research that he's done. Shane is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid. Some offers mentioned may no longer be available or they have been changed. Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, don't just trust the opinion of a stranger on the internet and always make sure to do your own research and enjoy this family friendly content.

Sources and further readings for jobs and college degrees:
payscale(provides information on jobs and degrees)

[ShaneHummus]

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[anniek]

The over priced liberal arts and private universities are the schools that gave huge scholarships. They ended being the lowest cost. So if you're a top student DO apply to those!

[hezcsor]

This video was basically like:

“Colleges you need to avoid: bad colleges”

[first]

Correction to the private vs public schools point: private colleges often offer generous financial aid that can make it cheaper to attend than a state school. State schools offer offer almost no institutional aid since they don't have the large endowments of private and are already offering such a reduced tuition to begin with. If you are interested in a non profit accredited private college then go ahead and apply and see how much fin aid they offer you and what the conditions to receive it are. Don't write off private colleges as "too expensive" just by looking at the sticker price of cost of attendance because almost nobody besides the super rich actually pay that amount.

[jjsfzr]

My daughter applied to 6 or 7 colleges and universities. I assumed the state schools would be cheaper. I was incorrect. The private college gave my daughter a competitive scholarship based on her top 5% achievements in high school. Still insanely expensive but the college has a solid internship program which I believe is very important.

[malcorub]

Back in 2004 at age 24 University of Phoenix got me for three classes before I realized I could get the same education at a community college for a fraction of the price.

[mattleofric]

1. Avoid for profit schools.
2. Avoid private schools.
3. Go to a community college for two years then transfer.
4. Go to a local public university.

These four steps will save you A TON of money.

[fordrobertson]

I agree with everything Shane is saying. There are really some schools out there that are focused more on earning rather than to educate and give value to what they can equip their graduates with.

[bridgecross]

The point about finding a college that supports you is spot on. Not just for finding a career afterward, but guiding you through your academics for the time you're attending. Ask current students; how is your academic advisor? Are they proactive in catching problems before they get too bad? Regular scheduled meetings during the school year? Is there tutoring and essay writing assistance located in the library? Some schools just leave you to fend for yourself; they graduate students who swim and discard those who sink.

[halesbellss]

This video was pointless because I don't know which colleges to avoid.

[thequintanashow]

Thumb: Avoid THESE colleges
Narrator: I ain’t gonna name names

SMH 🙄🙄🙄

[warwick]

I think we can just agree that the best course of action is a community College transfer to state university for us who do not have absurd amounts of money saved

[fraternoe]

Let’s be honest, you found this video by searching the name of your school.

[drmadjdsadjadi]

College graduation rates (especially the four-year graduation rate) should be compared against peer institutions and not examined in isolation. For example, colleges that enroll a lot of part-time students who have a lot of financial need should be compared to one another and not against a school that enrolls mostly full-time students from wealthy families since graduation rates often critically depend on student status and family background, neither of which are actually under the control or influence of the university itself. I would be very suspicious of a private university that enrolled mostly upper-income students that had a graduation rate of 70% but I would not be concerned at all if I saw a public university known for having a lot of part-time low-income students that had a graduation rate of 40%, especially if it had a much higher 6-year graduation rate than the 4-year graduation rate.

[thespiderexterminator]

I would say this is my 2nd favorite Shane video after the "Useless degrees" one. lol No sugarcoating just straight up facts about these colleges. We need to completely avoid them!

[BrookePainter]

I'm 26 years old and will be attending a private university in Austin, Texas this fall semester! (I'm really excited after returning back to my home city from new student orientation). I avoided college until mainly because I lacked the structure from not understanding what I'd like to do as a career. Honestly I wasn't aware of the way private universities work (or at least the school where I'm a student at). I just avoided private schools due to the cost. It blows my mind about how opposite my personal case worked out! Summary: 50, 000 a year. I received federal grants, 3 school grants, then applied for the 2 small loans my fafsa could offer. My total per semester as a full time on campus student with meal plan is five thousand a semester. That's it. I can more than work with only 10K a year if it means I get to be a part of that campus I've already found my belonging with. My lack of research could have made this happen years earlier ago for me, but once admissions got into contact with me I've gained many big new insights. That is how I found this video because I'm so interesting in learning more about this new concept in my life lol

[thereccher]

The one about schools with 'bad reputations' is a little bit sketchy. Often schools that aren't well liked only become unpopular through tribalism politics or rumors that grew too large for the truth to be heard. Speaking from personal experience, I ended up going to a school that was thought of as a school for the slower students because many people chastised it for a) offering dumb degrees and b) having a high acceptance rate. When I did some digging I found out that the employment rate for my degree was high, that students went on to do their Masters in good schools and that the actual difficulty of the degree was no different than any other degree in my country. The school did offer a few off shoot wonky degrees, and while the acceptance rate was fairly above average, it wasn't as high as its reputation implied. The drop out rate was considerably high for first year STEM students though.

Reputations are often misleading.

[peytonharmon]

I went to a private college and I am PROUD I did. I got a full-tuition scholarship to go there and I had the best experience ever!

[juanba]

I am Puerto Rican so all universities tuition, whether they are public or private, cost more than 30, 000 for four years, and the benefit of private ones is that they offer way more scholarship than a public ones

[melissaclemons]

Good advice. I took up to 19 units once (I wasn't allowed to do more) because I realized I was paying by semester and why wouldn't I take advantage of that and get the most out my school. That also meant I was qualified to graduate a semester early if I wanted (but decided to use the last semester to study abroad). Another point to think about is that sometimes a more "respected" school will have a better alumni network and more resources. I didn't qualify for any government aid because I worked through community college. I got into all the state schools I applied to but was offered either loans only or a little scholarship money. However, the one school that would have been the most "respectable" (at the time) covered my whole tuition and enough for books. (I only borrowed a little for living expenses). This was mainly because they had more donors and could help more students. Apply everywhere and often the financial aid package comes with or shortly after the acceptance letter, it can help you make your choice sometimes.