For the full episode click here:
In today’s episode Grant and Elena weigh in on college and ask is it worth it? Although their girls are young, Grant says he’s only paying if they go to Harvard, Yale, MIT, Stamford, or Princeton so they can connect with blue blood. They speak to Emma Johnson who recently wrote an article for Forbes magazine on the subject of the value of college. Emma questions the return on the investment and doesn’t feel the debt matches the earning potential. Post college jobs aren’t guaranteed. Emma explains if a person has drive and hustle they’ll thrive with or without college.
Grant and Elena share starling statistics about college costs, completion rates with Grant thinking college is the next bubble to burst. He explains he won’t invest in real estate in college towns because he feels people will stop going to college.
Is College Worth It?
1. Only go to top schools to connect to influential people.
2. Consider the trap of loans and debt.
3. Know what you want to do. It may not require college.
4. Consider apprenticeships where you work for someone in Power to learn.
5. Consider a trade school.