Why do you often encourage people to drop out of school, when you graduated from a good college with a respectable degree?

Why do you often encourage people to drop out of school, when you graduated from a good college with a respectable degree? –@oliverg12

Obviously this is a hostile question. I’ve written many times about the value of college. My assumption is that the real statement this person is making is: you don’t want other people to accrue the other benefits you’ve accrued. You want to keep people down.

So, several answers:

A)     I went to college so that gives me experience on what college is really about. Would you rather have someone who didn’t go to college tell kids not to go to college? In which case, there are also many examples.

B)      College now is different than when I was a kid. The most important difference: student loan debt is now so high that it exceeds credit card debt for the first time ever. Inflation has gone up 3-fold in the past 40 years, healthcare costs have gone up 5-fold, and tuition for college have gone up 10-fold. How is this fair?

C)      People say, well, college students make more money than non-college students. This statement suffers from selection bias. The “type of people” who went to college twenty years ago certainly make more than the type of people who chose not to go to college twenty year ago. That’s a completely different statement and more correct.

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