Senior year of College. It's my senior year and I have managed to get through over 3 years of jaded professors, bureaucracy, and the politics of getting a business degree in America today.
THE COST (COLLEGE DEBT):
Up until now, my overall debt minus interest is a whopping $7,900 dollars. And I have two more semesters left of college before I receive a degree in Business Finance. It is becoming increasingly harder for me to stay the course with school knowing that there's the internet, online courses, and so many ways to start businesses and study online. It seems like college is now a glorified scam built for a lost generation stolen by the internet and a new online economy.
BITCOIN (SAVED MY LIFE):
In 2016 I heard about Bitcoin. I bought $50 worth on an exchange and saw what UNREGULATED supply and demand can do for an investor. In America, the government has started to crack down on cryptocurrencies, but it still is more accessible and easier to navigate crypto than the overregulated investment channels of the past: i.e. Stock/Bond markets, FOREX markets, Channels of fiat currency, etc.
These traditional channels of wealth building can still be utilized and learned about without college, and the internet makes it easier than ever.
Fast forward to Today, Crypto has helped me pay bills, and actually invest in the future. It has allowed for investment in start-up companies that the average person would never have access to in the regulated world of investment banking outside of the internet.
That is why I am seriously contemplating whether staying college is worth the extra cost or if I should Invest my time and money into Crypto and internet education sources instead.
COMMENTS ARE APPRECIATED:
Please comment below this post about any stories, advice, or just general thoughts on this topic about dropping out of college and trading crypto/ investing in the internet.
Thanks for reading! Hope you all have an amazing day, and I wish you a life full of abundance, joy, and fulfillment.
My name is Jake, I am the founder of the dating Youtube Channel "Spirit Dating", and a sporadic blogger on all things involving living a better life through creating wealth online, improving your dating life, and working towards your ultimate lifestyle. (I'll post about anything half interesting and some spiritual stuff as well- keeping an open mind to all subjects here on Steemit)
If you resonate with these topics or just consider yourself a person who is gung-ho about living your ideal life- FOLLOW ME and let's take the path of discovery together through Steemit.
Hey,
As a Finance major, I would say the most important thing is to make up your mind about how much risk you are willing to take on and how much you are willing to work
I am a pretty risk-averse person, which is what have kept me out of things such as entrepreneur ism or day trading, which has the possibility of quick and sizeable profits, but also the opposite. I stuck it out through graduate school, which gave me the opportunity to focus my career on optimizing my effective hourly wage, e.g. getting relatively well-paid compared to how much I work. I don't know your major, but if it is something that is even marginally translatable to a job that isn't McDonald's, a debt of USD 10K is something you can live with and it will give you some opportunities that people without a degree don't have
As Mike Rowe said, the problem with the corporate world today is credentialism - that is, even if you acquire the skills that are comparable with any Ivy League finance major for free though Khan Academy, you will have a hard time convincing most major corporate players of that unless you have a stamped piece of paper with a university's name on top of it. It is luckily becoming less and less true, especially for start-ups, but having skills but no degree is risky.
That said, it is not impossible - we have all heard the stories of both Steve Jobbs and Bill Gates being college drop-outs, but it took hard work nonetheless. I have an acquaintance who made billions (yes, billions) through bitcoin, but he had some significant early starter advantages (he started back in 2007) and worked insanely hard to establish a bitcoin trading company, so it will take some work even if your ambitions are significantly less grand.
In short, weigh the risks and rewards of your possible paths, and choose the one which seems most suited to you
Whatever you choose, I wish you the best of luck in your future endavours!
Congratulations @jrhhewett! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!