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If I Were 18 Again, Here's What I Would Do: College or No College?

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English
Variant 1
Posted on:
Video by: Alex Hormozi
Explore the decision of going to college or not as per the insights shared in this video. Find out the data behind the choice and get honest advice. Dive into the comparison between college and non-college graduates to make an informed decision for your future.
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Video Transcript

0:00
to go to college or not go to college
0:03
that is the question in the game of life
0:05
and I'm going to show you the data so
0:08
that you can make your own decision and
0:10
at the very end I'll give you my honest
0:13
advice and so let's talk about
0:16
playing the game of one of zero every
0:19
time I make a point for college I'm
0:21
going to move my college graduate
0:22
forward one point and every time I make
0:25
a point for my non- college graduate
0:28
I'll move him forward in his career one
0:29
point let's see who wins in the end this
0:32
chart shows you how much the cost of
0:35
going to college has gone up compared to
0:38
the starting salaries now you might be
0:40
like wow okay there is a big difference
0:42
here to put this tuition increase in
0:45
context this has doubled in just the
0:48
last few decades whereas the median
0:50
starting salary has more or less stayed
0:52
the same so you pay twice as much for
0:55
the same thing let me show you what the
0:57
result of this has been this is national
0:59
student loan debt and you're like oh
1:01
it's measured in dollarss that's in
1:03
trillions
1:05
1.76 trillion is more GDP than every
1:09
country in the world besides maybe the
1:11
top 10 so that means that our College
1:14
days kids young adults are taking on
1:17
more debt than entire nations produce
1:20
and so at some point you have to think
1:22
are they going to be able to make that
1:24
up and if you're a parent or loving
1:26
relative that a young person who's
1:28
making this decision is sent to I want
1:30
to talk to you specifically I went to
1:32
Vanderbilt which is a very good school
1:33
right now I think it's ranked 13 that's
1:35
tied with brown as a pseudo ivu League
1:37
school I graduated in three years magnet
1:38
klow I was president of my fraternity I
1:41
was vice president of the powerlifting
1:42
team and I did it in three then I went
1:44
into a white collar job management
1:46
consulting for two years and then while
1:47
I was at that job I studied very hard
1:49
and got above Harvard Business school's
1:51
GMAT midore and so that was my plan
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