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1- College can be good. Patio11 makes some very valuable points and there are plenty of other ways and reasons to make or conclude that it's valuable.

2- Social License - The first paragraph of Patio11s response, subsidy, is incredibly important. For the time and cost of attending college it is possible to take a huge number of alternatives . Buy & run a Jakuzzi installation business, start & run a preschool in a developing country. I have a feeling this is the line of thinking inspiring your question.

The problem is that you (and the vast majority of other people) probably won't do that. That's mostly because of this social license. Only an extremely radical parent would give their child a hard earned $100k and 4 years room & board to go buy a Jacuzzi business that will most likely go bust but amount to a tremendous learning opportunity. Everyone would think that they're nuts. Nevermind financial support, you are unlikely to find moral support. Not from society. Not anywhere near the support you receive for bumming through the most meaningless of University degrees.

I'm not advocating the easiest option. I actually think there is no excuse not to learn a lot at University. I'm also not advocating going where social norms dictate. Far from it. Just pick you battles and be realistic about opportunity costs. Most of the people who don't do the incredible things that you could be doing instead of College aren't not doing them because they went to college instead.




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