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‘Wolf of Wall Street’ Says for Most Students, College is ‘a Complete Waste of Time’

‘Wolf of Wall Street’ Says for Most Students, College is ‘a Complete Waste of Time’

“unless you need it for your career, you want to be a professional, I’d avoid it like the plague”

This is absolutely true and most people used to know it.

FOX Business reports:

‘Wolf of Wall Street’ says college a ‘complete waste of time’ for most students: ‘Avoid it like the plague’

Famed former Wall Street broker Jordan Belfort commented on the diminishing value of a college education, after a new report found some college students learned less than high school graduates a decade after their enrollment.

College is a “complete waste of time” for most students, he believes.

“If you want to be a professional, a doctor, a lawyer, an accountant or something that really requires a degree then yes, you should go to college, and you should try to go to the best school you can and make the most of it,” Belfort said while on “Varney & Company” on Tuesday.

“But all of these other sort of softer subjects like gender studies and all this other stuff, what are you going to do with that stuff, honestly? So I think it’s a complete waste of time,” he added.

Aside from the financial impact, Belfort said he couldn’t even recommend that students attend for the social experience anymore, as college campuses have increasingly become hotbeds for far-left social agendas.

“So, unless you need it for your career, you want to be a professional, I’d avoid it like the plague,” he critiqued.

A new analysis from the HEA Group found that 1 in 4 students in higher education programs are earning less than the median annual income of $32,000 for high school graduates, CBS News reported.

“Over a thousand institutions (1,022) show the majority of their students failing to earn as much as a typical high school graduate 10 years after they’ve enrolled,” the college-based research agency which used data from the Department of Education to assess earnings outcomes of about five million students at 3,887 colleges across the nation said.

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Comments

Standarized tests like SAT eliminated, but personal essay about “overcoming adversity” which could be drafted by anybody? Over 80% students receive grade of “B” or higher, because teachers are told there must be “equity of outcomes”? Course titles like AfroChemistry with no final exam?

Why wouldn’t hiring employers be impressed?

destroycommunism | February 21, 2024 at 1:09 pm

college for the cradle to gravers is just another welfare scheme

thats why you have 30 years still in college

“Every age has its peculiar folly….

“[Human beings], it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.”

Charles Mackay (1841)

“Extraordinary Popular Delusions and the Madness of Crowds”

Perhaps you’ve heard — millions of Spanish speakers have entered the USA in the past few years.

These are your future coworkers and customers and clients and employers —->

As such, maybe just maybe
it would behoove you to become reasonably fluent in Spanish

Go spend a year or two in Puerto Rico (USA) and make it your mission to pass the DELE or SIELE exam Level B2 or C1.

That’ll give you more job security going forward than almost anything else you might do between 2024 and 2025

It also opens up educational opportunities throughout the Spanish speaking world. And employment opportunities. And social opportunities.

President George W Bush tried to get Spanish proficiency into the schools back in spring 2001. Before nine eleven.

Obama advised you to learn Spanish and apparently one or both of his daughters can speak reasonably proficient Spanish.

If I were a teenager in 2024, the first priority would be to learn Spanish. It takes a year or two, and then there’s maintenance. But it’s do-able. And it’s fun.

    Baxter in reply to Baxter. | February 21, 2024 at 2:29 pm

    College is not the place to learn a foreign language.

      The Gentle Grizzly in reply to Baxter. | February 21, 2024 at 3:00 pm

      Grantred, I am talking about German here, but a long-ago acquaintance started learning German by tuning in short wave broadcasts, and also reading German-language versions of common comic books, and even some of Karl May’s Western novels. For conversation practice, he went to an old-folks home where there were some elderly German speakers.

        I dabbled with learning conversational Korean from Netflix Korean rom-coms. When I realized that “yea” and “nay” both meant “yes,” I gave up.

        William Downey in reply to The Gentle Grizzly. | February 22, 2024 at 12:29 pm

        If someone desires to learn a foreign language, I would recommend talking and listening to native speakers if you can live in the country for a year.

        As an Army brat, I learned German while my father was stationed there. I took two years of German in college. The class was taught in high German, which is different from what most Germans speak.

        In high school, a foreign language was required for graduation. I chose Spanis. The class was taught in Castilian, which is not the same as Mexican or Puerto Rican.

A CEO of a large company told me that having a college degree in Afro or gender studies etc (grievance studies) affects your employment opportunities about the same as having a felony record.

Why would any employer want to hire someone who knows nothing useful, but has been indoctrinated into complaining about everything?

    The Gentle Grizzly in reply to OldProf2. | February 21, 2024 at 3:01 pm

    It’s not just the complaining. It is the question, what mindset does a person have to take a course of study like that in the first place?

      It’s systemic meme-ism.

      Our message to two generations of kids has been, “a college diploma guarantees you a better job with a higher salary.”

      Nowhere in there did anybody say, “a college diploma in a marketable field,” because the styrofoam studies hadn’t been invented yet.

      It’s like the other meme we absorbed, that Disney was a cinch bet for quality family entertainment.

Don’t Go To College
Authors: Michael J. Robillard, PhD, & Timothy Gordon, JD
Year: 2022

The College Scam
Author: Charlie Kirk
Year: 2022

Mike Rowe (2023) Three-minute appearance on Fox News laying out logic against four-year college right out of high school for most people
https://m.youtube.com/watch?v=RZilZVAULzo

Mike Rowe says four-year degrees no longer resonate with pride: They’re “shameful”
https://www.msn.com/en-us/tv/celebrity/mike-rowe-says-four-year-degrees-no-longer-resonate-with-pride-they-re-shameful/ar-BB1hfP1W
Author: Alicia Warren
Year: 2024

College Beyond the United States — European Schools that will Change your Life Without Breaking the Bank
Author: Jennifer Viemont
Year: 2018

= = =

Why Are You Still Sending Your Kids to School?: The Case for Helping Them Leave, Chart Their Own Paths, and Prepare for Adulthood
Author: Blake Boles
Year: 2020

The Case Against Education: Why the Education System Is a Waste of Time and Money
Author: Bryan Caplan
Year: 2018

The Teenage Liberation Handbook (Third Edition): How to Quit School and Get a Real Life and Education
Author: Grace Llewelyn
Year: 2021

Inside American Education: The Decline, The Deception, The Dogmas
Author: Thomas Sowell, PhD
Year: 1992

(Do you want to be educated? Or schooled.
h/t Mark Twain)

High school was mostly boring. Assembling HeathKits, KnightKits, and ArcherKits gave me a base to build on later. I had high hopes that a year in a local junior college would be more interesting (after all, it was “college,” right?) but it was just an extension of high school. At nineteen I enlisted in the Air Force because I was looking for a technical field that would be fun and would prepare me for a job after discharge. Six years later, after two years in avionics instruments and six years in F/FB-111 integrated avionics, I was hired after discharge by a huge international tech company. With that retirement for The Bride and me, along with a modest DOD retirement from my eight years RegAF and sixteen years in the Air National Guard, we aren’t hugely wealthy but we are doing okay.

All this to say that I did well without a four year degree and I never had a student loan to worry about. Mike Rowe is right: College isn’t for everyone.
.

This discussion is misdirected. I would think that highly educated people who are interested in legal issues might suggest positive solutions.

There are technical fields where specialized education is essential. You have to be able to count, for instance. There are fields that are political and subversive, such as all those springing from feminism and its spiritual mother, nihilism. Readers are talking about the second kind here, whose spiritual henchman marched around college campuses shouting, “Hey hey ho ho! Western Civ has got to go!”

Well, it has, and now you have your result.

True education flows from the unquenchable thirst for understanding. It is a human urge as basic as eating, sleeping, and procreating. College is where we have slaked that thirst. We continue that every day of our lives, just as we eat, sleep, and procreate. If college has been debased and demeaned, if it has been twisted against itself, it must be rescued and restored and untwisted again. That takes educated people.

Do you support classical studies? Do you read a book? Do you encourage people to learn for its own sake? Has a child or a student, or whoever you meet, taken inspiration from you? Then you are helping to solve the problem .

I was lucky insofar as I went to a unit of the City University of New York when it was still free tuition, then had my MA at a respectable Big 10 school covered by a fellowship, so I was never in debt for my education.

But my career was checkered by long periods of unemployment, and I never made it past the first rung of any organization with which I was “lucky to have a job”. My greatest regret in life is my college and grad school education. I was neither cognitively nor temperamentally suited for the professional world and its leftist and feminist domination. I’m long retired now, but I should have embraced my blue collar family roots, and would have had a much happier life.