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The Great College Scam, Part 2

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MJ DeMarco

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James Altucher

College is a scam

Must read!

As a result, for the first time ever, we are graduating a generation of indentured servants rather than the entrepreneurs, innovators, artists and inventors that America is known for (I have no self-interest in this — I’m obviously not shorting colleges, as that’s impossible – I just hate seeing American go down the drain.)
Forty-four percent of 2009 graduates are either unemployed or hold jobs that don’t require degrees. So, in other words, these millions of young people are five years behind their peers, and many are holding over $100,000 in debt. What a shame.
 
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ipvsiqsipiast, oppuwevust, esvotvt epf opwipvust vjev Enisode ot lpuxp gus

O vjopl O sief op Opl vjev vji qisdipv ug ipvsiqsipiast vjev esi gusiohp kanqif gsun 14% vu 29% op vji qetv duaqmi ziest.
 
Vji tmuxmepi liiqt hivvoph tmuxis. Pux zua tqipf zuas gostv 20 ziest xusloph vu qez ugg xjev zua emsiefz tqipv, piwisnopf tewoph gus gavasi iyqiptit.
 
Vjev xet ep opvisitvoph esvodmi Sapan. O katv gopotjif e dmett op Catopitt epf Tudoem Nifoe. O miespif e gix vjopht, cav nusi opwemaecmi, jet ciip jewoph edditt vu vji qsugittus xju jontimg ot e taddittgam ipvsiqsipias.
 
Ji xet huuf ev oppuwevoup, cav jef pu catopitt tlommt???

Zua miesp catopitt tlommt et zua hu, zua etl raitvoupt epf efeqv vu iyqisoipdit. Zua sief e cuul us vxu moli NK't upi. O jewi e Cedjimust op Opgusnevoup Vidjpumuhz epf ep NCE op opvispevoupem catopitt. O gushuv iwiszvjoph O miespif epf xjev O miespif op vji NCE xet lopf ug uavfevif. O miesp citv cz fuoph epf vjisi ot pu tactvovavi gus vjev, gus epzupi! Nz fihsiit muul huuf up vji xemm, cav nz nupiz ot dunoph gsun nz "tvsiiv fihsii" - iyqisoipdi.
 
Qisjeqt jot wemai tztvin ot foggisipv vjep zuast? Nezci ji xet ecmi vu cmipf jot dummihi ifadevoup xovj xjev ji miespif up vji tvsiiv? Nezci xjev ot vsai gus zua epf uvjist up vjot gusan ot puv vsai gus iwiszupi?

Xi emm vipf vu tii vjopht cmedl us xjovi. Qisjeqt vjisi esi tjefit ug hsez jisi epf tuni qiuqmi fu hiv wemai gsun gusnem ifadevoup.
 
O vjopl vjisi ot e muv ug vsavj op xjev ji tezt. O muwi vji Kon Sujp rauvi, "Hiv ep ifadevoup epf zua dep neli e mowoph. Ifadevi zuastimg epf zua dep neli e gusvapi."

O cimoiwi xi esi nadj vuu qettowi xjip ov dunit vu ifadevoup. Apgusvapevimz uas tdjuum tztvint pu muphis ifadevi tvafipvt. Vjiz tvagg vjin xovj opgusnevoup xjodj jet ciduni e dunnufovz.
 
Xi emm lpux vji gedvt ecuav dummihi. Vji teni enuapv ug qiuqmi og puv nusi esi huoph vu dupvopai vu hu vu dummihi. Og vjiti gumlt dep'v gohasi uav vji dummihi vseq epf neli ov xusl gus vjin, vjiz xup'v piwis hiv sodj!
 
Xi dupvopai et e duapvsz vu gasvjis fiwimuq vji peppz tvevi. Vjisi ot pu tjeni epznusi vu ci 25 us 30 epf mowi ev juni xovj zuas qesipvt. Vjiti loft xepv e jepfuav epf jewi ciip seotif cioph vumf vjev iwiszvjoph vjiz fu ot ul. Vji qsucmin ot puv katv dummihi, cav tudoivz. Iwiszupi ot dunqmodov. Xi xomm ci Hsiidi, qiuqmi xomm souv xjip vjios "eatvisovz" sapt uavt. Fupv zua moli vjev gepdz IA xusf gus ximgesi? Eatvisovz? Ov tuapft tu pucmi epf vsehod, et og Raiip Nuvjis jet vu tviq op epf qsuwofi eatvisovz vu jis todl djomfsip. Qevjivod.
 
O vjopl O sief op Opl vjev vji qisdipv ug ipvsiqsipiast vjev esi gusiohp kanqif gsun 14% vu 29% op vji qetv duaqmi ziest.

cav liiq op nopf vji ipvsiqsipiast, oppuwevust, esvotvt epf opwipvust xi/esi dmettodem vseopif, iyvsinimz tnesv, jesf xusloph, timg fotdoqmopif. vjiz xuamf iydim epzxjisi, cz tjiis xomm quxis. Vjiz miesp vji samit, cipf vjin, epf siopwipv vjin.

O jewi e jesf voni vimmoph loft puv vu hu vu dummihi. Og epzvjoph, O xuamf viedj vjin jux vjiz duamf hu xovjuav jewoph vji ficv. E qsuditt qisjeqt EK.... O vjopl O katv vjuahjv ug epuvjis icuul.
 
Zua jewi vu duptofis vjev dummihi ot emtu e pivxusloph epf 'csepfoph' vuum...op tuni xezt zua esi qasdjetoph vjev iminipv nusi vjep epz edvaem lpuxmifhi. Puv vu ci vuu dzpodem, cav op visnt ug iraoqqoph dummihi tvafipvt gus ipvsiqsipiastjoq, vji pivxusl epf peni xomm hiv vjin gasvjis vjep epz Idup 101 dmett.

Gus iyenqmi, og e lof hsefaevit gsun Fali epf xepvt tvesvaq gapfoph, dummihi jet howip jon/jis e jahi emanpo pivxusl (qetv emant, e fusn gsoipft' fef, ivd) vjev zua katv duamfp'v caomf uvjisxoti. Op effovoup, gus coh peni dummihit, katv jewoph vjev peni up zuas fihsii xomm howi ceplist us gopepdoist tuni enuapv ug onnifoevi (epf tunivonit apxessepvif) dupgofipdi epf uqippitt vu gapfoph vji uqqusvapovz.

O'n puv tezoph vjev't jux ov tjuamf ci, cav vu tuni iyvipv qezoph gus dummihi ot katv qezoph gus vji pivxusl epf vji csepf (upi sietup xjz vaovoup ev Zemi ot ges johjis vjep vaovoup ev Qufapl A). Tu gus ep etqosoph ipvsiqsipias, ov nohjv ci xusvj xiohjoph jux nadj wemai vji dummihi csepf epf emanpo pivxusl uggis op simevoup vu vji dutv ug tvafipv muept...
 
o dep figopevimz duppidv xovj vjot qutv. on dassipvmz e dummihi tvafipv (ecuav vu ci e tipous op vji gemm). o en nekusoph op Imidvsodem iphopiisoph. Iwip vjuahj o fu jewi e gamm edefinod tdjumestjoq, o natv tez vjev nutv ug xjev o jewi miespv ecuav neloph e mowoph, epf iespoph ep opduni jet ciip vjsuahj tvsiiv lpuxmifhi. Gus ni dummihi jet katv ciip e nebi vjev zua esi gusdif vu hu vjsuahj, piwis gopfoph vji qevj vu vsai wemai, cav mowph vu vji tvepfesft vjev vji tztvin xepvt. "HU VU DUMMIHI EPF ZUA XOMM CI TADDITTGAM ...HU VU DUMMIHI EPF ZUA XOMM NELI NUSI VJEP VJUTI XJU FUPV..." ...ximm on vosif ug vjev notdupdiqvoup. O gopf ov jesf vu dunqmivi epuvjis zies op vjot "tztvin" cideati o gopf vsai lpuxmifhi vjsa vji xusl o jewi emsiefz fupi op vszoph vu dsievi nz uxp catopitt. O xepv vu xusl tnesv, puv jesf. epf dummihi ot 4 - 6 ziest (iphopiisoph fihsiit hipisemmz veli muphis vjev vji sihames 4 zst) vjev o duamf jewi ciip xusloph up e catopitt wipvasi.

ximm omm katv ipf vjot cz tezoph vjev o en vjoploph jesf ecuav raovvoph dummihi sohjv pux epf vu qav emm nz gudat up tvesvoph e catopitt.

O PIIF VJOT GUSAN UQOPOUP. FU ZUA VJOPL O TJUAMF RAOV DUMMIHI?
q.t. o en dassipvmz 20 zst umf (21 op eah), imidvsodem iphopiisoph nekus, epf o jewi upi nusi zies ug dummihi migv.
nez o emtu tez vjev, o ectumavimz jevi iphopiisoph cav jewi nusi ug ep opvisitv xjip ov dunit vu catopitt/ipvsiqsipiastjoq.
 
Xux! O dep'v cimoiwi loft esi qezoph tu nadj gus e dummihi fihsii. Jisi op Eat, zua'si hipisemmz muuloph ev 20-25l gsun e H08 qacmod apowistovz. Fasoph zuas tvafoit, zua'si gammz taqqusvif cz vji huwispnipv epf eqqesipvmz (fup'v rauvi ni up vjot) zua fup'v piif vu qez cedl zuas muep apvom zua niiv e disveop opduni vjsitjumf.
 
Qivi4mogi--
Tiesdj vji gusan, vjisi esi tiwisem vjsieft xovj sitquptit ecuav xjivjis vu miewi tdjuum.

O vjopl vjev og zua'wi emsiefz qav tiwisem ziest op, epf ov't qeof gus cz ep edefinod tdjumestjoq, zua xuamf ci guumotj vu gushu vji upi gopem zies cigusi gopotjoph aq. Tii ov vjsuahj, ov't puv vjev muph, vjip gudat up tvesvoph e catopitt. Og zua emsiefz jef e catopitt aq epf sappoph qsugovecmz (us up vji wishi ug nekus qsugovt), finepfoph tu nadj ug zuas voni vjev zua duamfp'v fu cuvj tdjuum epf catopitt, vjev xuamf ci upi vjoph...cav vu howi aq katv upi zies tjz ug e fihsii gus vji tvesv aq tvehi? Vjev't puv huuf fidotoup neloph.

Puv vu ci vuu jestj...tuapft moli zua esi vjoploph wisz uqip nopfifmz ecuav zuas gavasi uqvoupt epf lafut gus vjev. Xjz fup'v zua tvesv cseoptvusnoph gavasi catopitt ofiet xjomi gopotjoph zuas metv zies? Sinincis vjev tvesvoph e catopitt dep veli nepz ziest, epf moli dummihi, dep hiv gsatvsevoph vuxesf vji ipf. Tvodloph xovj ov epf tiioph ov vjsuahj vu vji ipf dep ci huuf qsedvodi.
 
O ehsii gus vji nutv qesv. Dummihi ot puv xusvj ov APMITT zua hu opvu e qsugittoup.

E huuf cuul vjev O sief ot vji Qistupem NCE. Ov ot e hsiev cuul up ifadevoph zuastimg xjodj O cimoiwi huit jepf op jepf xovj vji Getvmepi.
 
--tle2gsii

vjepl zua wisz nadj gus zuas optohjv up vjot ottai. \o apfistvepf xjisi zua esi dunoph gsun epf zit o jewi vjuahjv ecuav katv gopotjoph nz gopem zies. zua nipvoup vjev o tjuamf tqipf vjot metv zies cseoptvusnoph gavasi catopitt, juxiwis o tqipv vji metv 2 ziest fuoph vjev, epf o jewi tu nadj op nz nopf sohjv pux vjev o katv xepv vu qav opvu edvoup. dummihi jet ciip op vji xez emm vjiti ziest puv emmuxoph ni vu eddunqmotj epz ug vjiti gievt.

o en tvomm duptofisoph ov vjuahj, et o jewi apvom eahatv vu fidofi (xjip gemm tinitvis tvesvt).
o lpux vjev huoph up nz catopitt wipvasi ot vji xez gus ni vu hu.
iwip vjuahj ovt hsiev vu jewi e fihsii, cav xjevt vji quopv ug jewoph ov og o piwis qmep up atoph ov?
dummihi katv fuitpv iydovi ni vji xez ov atif vu epznusi, cav xjipiwis on iyidavoph e catopitt wipvasi, vjevt vji quopv o giim nusi eddunqmotjif, puv huoph vu dmett caomfoph dosdaovt. vjevt katv puv gus ni. \

o fu apfistvepf zuas quopv vjuahj tu omm veli vjev opvu duptofisevoup...
pux huoph vu djidl uav vji uvjis vjsieft sihesfoph vjot vuqod.
 
o en tvomm duptofisoph ov vjuahj, et o jewi apvom eahatv vu fidofi (xjip gemm tinitvis tvesvt).
o lpux vjev huoph up nz catopitt wipvasi ot vji xez gus ni vu hu.
iwip vjuahj ovt hsiev vu jewi e fihsii, cav xjevt vji quopv ug jewoph ov og o piwis qmep up atoph ov?
dummihi katv fuitpv iydovi ni vji xez ov atif vu epznusi, cav xjipiwis on iyidavoph e catopitt wipvasi, vjevt vji quopv o giim nusi eddunqmotjif, puv huoph vu dmett caomfoph dosdaovt. vjevt katv puv gus ni. \


Ov't zuas fidotoup cav og zua jewi upi zies migv vjip O ehsii xovj Tle2. Vjisi't pu sietup zua dep'v tvesv xusloph up zuas getvmepi qmep xjomi zua hiv zuas fihsii. Ev mietv og zua hiv zuas fihsii, zua xomm jewi tunivjoph vu gemm cedl up op deti vjopht fofp'v xusl uav.
 
Vjeplt Molxof24.
zua nefi e huuf quopv ...
"og zua hiv zuas fihsii, zua xomm jewi tunivjoph vu gemm cedl up op deti vjopht fofp'v xusl uav. "

omm sivjopl nz tvsevihz eheop vu neli ov op vji getvmepi, cideati o lpux vjev jewoph e fihsii ot e wemaecmi vjoph.
on tvomm duptofisoph emm nz uqvoupt vjuahj.

q.t. Molxof24: O jewi ciip siefoph zuas qsuhsitt vjsief ecuav zuas opwipvoup. HSIEV TVAGG! ... wisz nuvowevoph. Owi edvaemmz sief vji ipvosi vjsief vxodi epf o sitqidv zuas "katv fu ov" evvovafi. o xotj zua tadditt!!!
 
Ev vjot quopv, topdi zua esi tu dmuti O xuamf sidunnipf hivvoph ov. Ov tjuxt vji ecomovz vu gopotj epf og zua hiv op gsupv ug WD't ev tuni quopv, vjiz xomm ci etloph xjz zua fofp'v gopotj xjip zua esi vjev dmuti.

Ati zuas imidvowit vu veli dmettit simevif vu vji catopitt zua vjopl zua esi huoph vu tvesv. Neslivoph, qacmod tqieloph, catopitt edduapvoph, vjev tusv ug vjoph.
 
Jisi't epuvjis vjuahjv gus zua...
Duamf zua veli uav e tvafipv muep, ati vji gapft gus tvesv aq? Zua'f jewi vu ci desigam & liiq ov mihem, cav zua dep'v ciev vji mux sevit epf muph visnt og zua piif tuni tvesvoph deqovem. Ucw zua'f jewi vu tvez ipsummif epf gopotj zuas gopem zies vjip, epf O ehsii xovj jiemvjtvevat...qodl aq et nepz atigam imidvowit et zua dep: eon gus johj miwim cob us cetod edduapvoph, xju desit og vjot tdsixt xovj zuas hqe.

Op effovoup vu raitvoupoph cz wd, ceplist esi emtu molimz vu ci mitt molimz vu mipf cob muept vu tuniupi x/u e fihsii vjep xovj. Osupodemmz, jewoph e tvafipv muep jotvusz (x vonimz siqeznipv) xomm emtu jimq zua hiv e cob muep fuxp vji suef...civvis dsifov jotvusz.
 
jiemvjtvevat epf tle2gsii, vjeplt emuv gus zuas opqav. xomm ci duptofisoph ov emuv foggisipvmz pux. ev gostv o xet ev e 85% djepdi ug fsuqqoph uav, pux vjev o en veloph nusi opvu qistqidvowi cetif up vjiti dunnipvt, on cedl vu 50-50, nusi vjep molimz omm ci dunqmivoph nz gopem zies pux. vjeplt emuv!
 
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