A Better Investment Than A College Degree - How Money Works

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Title	:	A Better Investment Than A College Degree - How Money Works
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Comment from : How Money Works

I invest in myself I increase my life bar, upgrade my weapons, increase my skill levels, and do what it takes to earn the means to do so I also do the same for my crew members
Comment from : Princess Marlena

bro forgot to factor in tax and food
Comment from : Edmund Tan

The flaw of this video, is the $150,000 investment If person A didn't go to college and person B goes to college To have $150k to invest in the stock market one must have money to invest Person A will make booger income even after being in the workforce for as long as their peers time in college between 4-10 years In order to have a net savings to invest The person have to come out of the gates with a money oriented mindset But most will blow the excess cash enjoying life or hanging out with their friends while living paycheck by paycheck While person B may have accrued a massive student debt it won't make them pay all at once, even though the interest on that debt is compounding But if they are also not money oriented they also fall behind after landing a good job Of course there is always trade school which is the most under appreciated and under capitalized by youths and parents alike Their pay outstrips white collar jobs
Comment from : ButternutStorm

The lesson is straightforward - be #contrarian! 😂
Comment from : Kaushik Venkatasubramaniyan

Another problem is most jobs require a degree Sure we can invest in other things or educate us through different methods, but we still need the stupid piece of paper Why??? Cause the system says so!
Comment from : Nathan Pellow

The earlier everyone starts and invests and builds on entrepreneurship, the better it is for all of us I just left medical school and am making $22,000 a week trading bitcoins
Comment from : Sarah Rafeal

I'm glad I got a discount for being smart But I'm also glad I was smart enough not to attend a four year the second time, opting instead for a techical degree
Comment from : Will A Ham

I was not the typical student I think this video is a bit more pessimistic but not wrong
Comment from : Kean4711 DUB

Good job introducing nuance into what has increasingly become a nonsensical religious belief system forced on young people The idea that everybody should go to college is both insane and false, we are all different and society needs people to do every task
Comment from : Peter Mangano

What about the EU where uni is pretty much free?
Comment from : AlgoGeminus

Let's spill the teabrThe fields that could be a good investment from an average college:brEngineering brNursing specialties such as practitioners and crnabrAccountingbrIT brThe fields that are a great investment from a top college:brPretty much any of them with the most op being finance, law, and computer sciencebrFields that people believe are good options for money while they're not:brMedicine (high dept)brArchitecture (high unemployment rate)brComputer science (high unemployment rate) unless you're from a good college, it's gonna be really hard to land a junior job
Comment from : Gamera

Community College, in state bachelors, part time job Never ever room and board, ever Only politicians care about harvard or even your GPA Do your life a favor and get a bachelors
Comment from : Kim Jong Il

As a person who worked as a paramedic, sitting all day is not healthy either
Comment from : Johnnystiletto

Certificates and Portfolios are now much better than degrees as they show you have the actual skills for a job
Comment from : Vopadeva

I'm curious, l like these videos but he never mentions joining the military, at least not in the ones I've seen Including myself, I know so many dudes going to college for free
Comment from : Hiram Elder

A degree is for sure worth it The debate only comes into play when ppl get nonsense degrees YouTube University will be a much better education when it comes to literature, art, history, ect ect
Comment from : John Ma

2:07 Heeey I go to this shopping centre all the time (it's not the best but it has the best gym in the city)
Comment from : Ubeogesh

But the ammount of money you get from the student loan for your tuitions, you wouldnt get all at once to put into investement no? I think that should have been mentioned
Comment from : Jennifer Gyan

in 2012 i took my loans and grants and used them to live i only passed the classes i felt like going to i was in flint mi and went to mcc
Comment from : The YouTube Mechanic

Wow 150K? no wonder why american kids are choosing to studying abroad
Comment from : batanai chimuka

or you live in Austria and receive your degrees for free 😅
Comment from : Hyp3rdream

Smart strategy for my American friends: study in Europe It costs less, it provides you a wealth of experiences, friends, and understanding of other cultures (and languages), providing a clear differentiation from your peers who stay home and drown in debt
Comment from : Andrea Valeri

I think some people also focus on degrees too much Two design students can pursue the same bachelors degree, take similar classes, and one may end up making 30k a year while the other makes 6 figures It depends a lot on a ton of other stuff like what opportunities interest you after you get your degree, your luck in the job market, your willingness to change career direction, etc
Comment from : Frogturtle

Another thing you failed to take into account is that the college graduate may choose to invest the extra earnings over a non college graduate If they earn an average of $15k more per year, and that money does into investing, they can end up with somewhere around 7 million dollars by retirement, closing the gap between the method of investing $150k at the start
Comment from : Eggys Old Account

Remember when higher learning was for people seeking knowledge in order for them to pursue their dreams Now it's seen as a prerequisite to get a job
Comment from : Erwin Tan

Honestly average video for this channel Basically, it’s nuanced Of course a 35 return is low and market trends show the money for tuition could have done better in the market But people don’t think like that People are built different from one another, have aspirations, want to explore themselves and the world after living with their parents for 18 years, want to start a family immediately, want to make the world a better place, want to buy a boat It’s wildly different for everyone and it’s unfair to put any blame on an 18 yo for having all these thoughts Not everyone everyone has the patience, knowledge, or even care at that age to critically think about the numbers over a 40 year span but I do think it is a very important lesson to teach kids
Comment from : Ryan Ulrich

You know what's more important than money? Health This money talk is a first world problem Many people have bigger problems like malnutrition and food insecurity, kidney failure etc
Comment from : Robert Wilson III

The US has managed to make a system that punishes lower classes for going to college
Comment from : Mister Chispa

The problem is almost no one has $150,000 to just set aside for 40 years They instead can get a $150,000 loan from banks but only to spend on a college degree
Comment from : Austin Joseph

Keep in mind: university was created for those who doesn't need to care about moneybrMiddle Age: MonksbrModern Age: RoyaltybrNowadays: Bourgeoisie
Comment from : Ícaro Alencar

Well, this is what happens when you reduce the value of an education to a certificate, and build the education system into a business to extract maximum revenues from it
Comment from : kardy12

I’m glad I went to college When I had a car accident and ended up in a walker my work wasn’t affected My money maker is my brain Whereas if I stayed a store manager I would be on disability
Comment from : MegALosing

I spent a grand total of 11 thousand dollars out of pocket to get my management information systems degree a with combination of starting at a community college and internships I was able to graduate with no debt pretty easily so I'm hoping it provides a pretty good ROI
Comment from : Bread

2:53 But just like you don't have to pay 150k USD upfront in year 1 of your studies, you can't invest 150k USD in the same year, but you have to distribute it over the years How would that change the result?
Comment from : alittA X

I'm glad I live in a country where I don't have to worry about student loans!
Comment from : Shibasu

This assumes that the extra 650,000 won't be invested at all, if it is it will earn more
Comment from : Andrew Nell

Your numbers are pretty dishonest because you consider compounding interest, but NOT compounding inflation This is going to mislead peoplebrbrYour $150K -> $93MM figure in 40 years is only possible if you are using historical return rates between 10-11, which do not consider inflation Adjusted for inflation, you might expect 7 from the S&P, and suddenly your $93MM figure looks a lot more like $225MM Still good, but not even close in absolute terms
Comment from : Stephen Lee

That figure of the $150,000 investment growing to $92 million in 40 years — how did he get to that number? How frequently does he assume it’s compounding? Even 10 annualized returns only leads to $68 million
Comment from : Riled Mouse

i live in canada and the numbers the for people living in the usa pay is bull shit
Comment from : binedstudios total game

"$X more in earnings for those who finished their degree" is the definition of a bad, misleading statisticbrbrPeople who finished their degrees are people who were generally more motivated to be financially successful in the first place So by default, of course that number is going to be higher If you compare two equally motivated people for which one chose a route other than collage, it actually may turn out that the one saddled with loan debts does worsebrbrI have a friend in real life who dropped out after 1 semester because he thought he'd be better off financially not wasting money on a degree He went into software sales and is now a VP of Partnerships making $300K+/yr way, way, waaaay more than any of my other friends who graduated college
Comment from : ReprovedCandy

What college tuition fund?? I was on scholarship As someone from a poor family, college was the most direct path out of poverty
Comment from : Mamma Jamma

650 in total? But how much will it be if college graduate invest the monthly difference in general market?
Comment from : Sergii Goncharov

Join the military and invest all the bonuses in an investment portfolio or use them to buy a house and use the housing expense to pay the mortgage
Comment from : tabatha terry

Comparing 93 million to 650000 is stupid Cos the 650000 is throughout the 40 years and 93 million is at the endbrI’d say 100,000 when I’m 20 is worth way more to me than 1 million when I’m 60
Comment from : Vedraj rm

most confusing video I've ever watched So, take your student loan and put it in an investment portfolio No, there's problems with that Go to college Don't go to college At no point talking about a "better investment" Like seriously, Did an AI make this video?
Comment from : dedik8SKB

The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government Especially with the current economic crisis around the word This is still a good time to invest in various stocks, Gold, silver and digital currencies
Comment from : Susan Nico

yo what beats are you using???
Comment from : Sipping Coffee

Tired of listening to these idiots cry about their loans Stfu!!! You knew it had to be paid back when you signed up for the loan Stfu and quit cryin I have zero sympathy for stupid behavior
Comment from : Misleader Unknown

I'm not in any event kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term
Comment from : Charlie Hunnam

Good video Throughout my working life, every year I spent 10 of my earnings in my education It kept me abreast of latest developments Hope it helps
Comment from : blackbox330

Go to college in a reputable uni in a cheaper country? That's how my alma mater is buying up expensive city blocks: exchange students They charge 'em hell lot more than they charge locals but it's still way cheaper than getting a degree in the US for example
Comment from : E Chan

0:41 who shorty
Comment from : MUSA K

I’m 62 a month away from retirement I was never good in school but I learned a trade I went to a 2 year program to become a licensed aircraft tech Even the most expensive program is way less than a 4 year degree Today the airlines are desparate for more techs My airline is currently starting at 40/hr with a 75k signing bonus Top scale is currently 60 plus/hr depending on classification I’m not super smart but I turned out ok
Comment from : xlasvegan7x

There are two main problems with this analysis (1) there are a lot of junk i___/i Studies degrees with no economic value that skew the average (2) The 80/20 rule: 80 of the outcomes (financial return) comes from 20 of the graduates Put differently, students at the top of the class take most of the returns
Comment from : DrD

@10:25brNo u go off what youtubers say
Comment from : PsxPro

AI reduces the value of degrees possibly
Comment from : ΙΩΑΝΝΗΣ-ΠΑΥΛΟΣ ΚΩΝΣΤΑΝΤΑΚΑΤΟΣ

Who the hell is spending 150k on a college education Only ivy league private schools cost that much
Comment from : TC IronBear

Like the ending suggested, bDON’T GET A LIBERAL ARTS or BUSSINESS DEGREE/b Get a degree like engineering or computer science A degree that practically guarantees a high paying job
Comment from : Darkpaw1

Meanwhile, In Europe "wait, is that a free lunch?"
Comment from : Kenzo Vts

If I could go back in time I would do a trade If you don't know what you want to do in life skip college Figure it out first At least if you do a trade you learn something useful that will make you money
Comment from : Clinton

Well education costs too much, so just self-study if you can
Comment from : Jim Mcneal

I invested in myself but the operation turned out to be a scam
Comment from : Nom Chomsley

The problem in America is that our college programs are just flat out dumb Barely any of them include actual industry collaborations or hands-on skills If college degrees were taught the way that trades are, it would be different Unfortunately, the majority of college graduates are essentially useless to employers when they graduate This is simply because they've never actually worked in their field My dad, who is a partner at an architecture firm, often cynically laughs at the fact that A MASTERS degree is now the standard for architecture He became an architect by simply passing the certification test, yet he has a "degree" in illustration This method of becoming an architect no longer exists, because a degree is now legally required Yet, my dad, who does not have an architecture degree, is the most successful partner in the company; he brings in 2-3 times the amount of revenue as the other partnersbrbr Degrees are not required to be a successful worker; all you need is motivation, intelligence, and an understanding of the basic laws/methodology that apply to your career The students fresh out of architecture school often have little to no practical project management and client relations experience, so they might as well be useless until they pick up those skills This intentional hamstringing of college students is not the norm everywhere Germany, for example, includes a year or two internship as PART of its degrees, so that, ya know, people actually know how to do their jobsbrbr Some people are fortunate enough to land internships, participate in school projects, or work in college labs at US schools However, the competition for these positions is so high, that they're a basically unattainable boon for the average student who already has a crappy college job and is taking 40hrs/week worth of classes
Comment from : VanillaBryce

There are three kinds of college degrees:brbrGood investments (stem, business)brbrBad investments that are still important (arts, most humanities)brbrWorthless fart sniffing circle jerks of academics pointlessly memorising each others’ hunches and aiming for nothing more than teaching the course to each other / the next crop (I’m sure everyone can put together their own list)
Comment from : Chris Diboll

Wondering if someone has figured out controlling for intelligence and ambition what the difference is between people who go to college and those who do not
Comment from : Ben Donahower

Having a higher salary could help in the long run in giving you a higher stable income You have more funds that you can spend on car payments (so you don't get stuck using an old beet up money suck vehicle,) mortgage payments, (so your rent money builds an asset,) and you have more security if you're hit with unexpected expenses
Comment from : Jordan McHighlander

I'm Australian and most people go to universities near home and live at home How come so many Americans go live at college instead of studying next to home? I'm sure there's something I'm missing I just don't know
Comment from : Marcel R

Having experienced a decent amount of the market's unfavorable side in ignorance, I'd advise it's preferable to get professional assistance in order to develop tactics that are tailored to your own long-term objectives Also make sure to verify licenses
Comment from : Matt J Damon

I still don't understand how people go above 30k in debt to get a college degree I really don't understand those who pick liberal arts or degrees that don't pay well not all degrees are good
Comment from : MrSmiles

The price of college doesn't make me nearly as mad as the fact that basic personal finance isn't a necessity in every single highschool in Americabrbr How tf are kids expected to figure out if college is worth the tuition if they don't have an inkling of an idea as to how money works
Comment from : TheKrustyChub

College is an investment in life It changes your perspective as you go through it
Comment from : Micheal Westfall

Lol that you would die sooner from physical labor is just retarded Most of the hard labor is done by equipment cranes, pumps, and the labor is skilled in operating the equipment
Comment from : Yves

I went the skilled trades route, joined the IBEW and I'm making more than a lot of college grads, better benefits, and no loan debt
Comment from : SpidermansSymbiote

If I had invested the money I spent on college into bitcoin the way my friend did I'd also have a million untouched dollars in my bank account the way he does
Comment from : Doors067

Great video! I really do have a question For someone with less than $3,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally What's your take on this approach ?
Comment from : Mercy Williams

The manufacturer they need workers from prior learn to work With government help these people look for extra earning jobs that the reason they attend in higher or continue to learn If manufacturers at home no demand why should they go to learn do the skill jobs
Comment from : NHAN HA

The higher education from government programs the more people attend If no government help The higher education few peoples attending
Comment from : NHAN HA

You drive buses and the trucks and Ubers and Door dash and work at from that relate trade and own stock and bond You lost monies all the time You responsible your education
Comment from : NHAN HA

It is make sense Why are you complain
Comment from : NHAN HA

That the reason Biden wipe off their debts
Comment from : NHAN HA

If they learn job from industries they must have that jobs In order to pay back debts Since they chose the jobs that relate to what they learn and no job for them look for at home how they find that job
Comment from : NHAN HA

You want those college learn something different the market offer so the foreigners to run our industries without any connections of what they learn
Comment from : NHAN HA

This video makes the assumption that every 18-year-old has 200k to put into the stock market
Comment from : Lewis

This is an awful argument You can’t just get a 150k loan to invest in stocks like you can in student loans, and if you did the interest would be way higher And if you put that extra 650k you would make into the stock market each month over 40 years, you’d make a higher return than the 150k investment
Comment from : Anthony