College Student Earns 4.0 GPA, Then Drops Out: "You Are Being Scammed!"

Tyler Durden's picture

Submitted by Lance Schuttler via TheMindUnleashed.com,

Billy Williams just finished his first college semester and did so with the all-impressive 4.0 GPA. Instead of celebrating his accomplishments with friends and family, he decided to drop out of college entirely.

willson

Billy made a facebook post that is now going viral in which he explains his reasoning for dropping out:

“Now that I’ve finished my first semester I think it’s safe to say… FUCK COLLEGE. Now before all you of you go batshit crazy… I have a few points to make.

 

1. Yes I have dropped out after finishing my first semester (with a 4.0 GPA). And it’s one of the best choices I’ve ever made. Not because I am averse to learning, but actually the exact opposite.

 

2. YOU ARE BEING SCAMMED. You may not see it today or tomorrow, but you will see it some day. Heck you may have already seen it if you’ve been through college. You are being put thousands into debt to learn things you will never even use. Wasting 4 years of your life to be stuck at a paycheck that grows slower than the rate of inflation. Paying $200 for a $6 textbook. Being taught by teacher’s who have never done what they’re teaching. Average income has increased 5x over the last 40 years while cost of college has increased 18x. You’re spending thousands of dollars to learn information you won’t ever even use just to get a piece of paper. I once even had an engineer tell me “I learned more in my first 30 days working than in my 5 years of college.” What does that tell you about this system? There are about a million more ways you’re being scammed into this.. just watch the video i’m gonna comment if you want to see more.

 

3. Colleges are REQUIRING people to spend money taking gen. ed. courses to learn about the quadratic formula (and other shit they will never use) when they could be giving classes on MARRIAGE and HOW TO DO YOUR TAXES.

 

4. Gosh there are so many more reasons I could add, but just comment if you disagree or have reasons to add. I’d love to add to the discussion. TAG a friend in college, Tag your parents, share this if you agree, disagree. Let’s just talk about it. Heck post a picture of yourself flipping off something you think is unjust in our society.”

Billy is right too that the price of college continues to soar.

Ray Franke, a professor of Education at the University of Massachusetts, Boston said:

“If you look at the long-term trend of college tuition, it has been rising almost six percent above the rate of inflation. That’s brought immense pressure from the media and general public, asking whether college is still worth it.

In 2015, Harvard’s annual tuition and fees (not including room and board) would cost a person $45,278, which is more than 17 times the 1971-72 cost. If annual increases of tuition had simply tracked the inflation rate since 1971, 2016’s tuition would be just $15,189.

According to CNBC, college enrollment peaked in 2011, and has been decreasing ever since. This is no doubt in part to a family’s ability to pay the tuition, room and board and other related expenses. For example, in order to pay for a year of college at Harvard today would take the median household income nearly one year of paychecks. Back in 1971, it would have taken about 13 weeks of paychecks per the household median income.

Today the student debt is over $1.26 trillion dollars with over 44 million Americans in debt from student loans. 2016’s graduates on average are over $36,000 dollars in debt, which is up 6% from just one year ago.  

What can be done to alleviate this situation? Why do banks get bailed out (2008 Lehman crisis) for cheating the world, while students must continue to pay a debt? Why is a private institution (The Federal Reserve) in charge of this nation’s money and finances? How will students continue to be able to go to college when the price continues to skyrocket as the federal minimum wage stays stuck at $7.25 an hour? At some point soon, the masses won’t take it anymore from the banking cartel. The education system is in for some major changes very soon.

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This Might Hurt's picture

Here’s a better economic education then any indoctrination you'll receive in any university…

http://www.themonetaryreset.com/search/label/How%20We%20Got%20Here

wee-weed up's picture

 

 

Regardless of his message, why is he important?...

4.0 GPAs are a dime a dozen...

Especially in today's lax institutions.

theDiomed's picture

Well if he dropped out with a failing grade, it wouldn't be news would it?

ACP's picture

Quadratic equation? Aren't you supposed to learn that in 7th grade?

What do they learn geometry in grad school?

Manthong's picture

OK I want to adopt him..

Or.. I want him to father the children of my non-blood related yutes.

Or.. just thank you for being smarter than the idiot  teachers you encountered.

 

froze25's picture

He is right, it's not what you know it's who you know. Be social find experienced business people and let them teach you. Most employers want someone that understands self accountability, shows up on time, knows how to ask for support when they won't make a deadline before the deadline, is willing and able to learn from mistakes and will put the time in. It's easy most people are lazy so it's easy to out work the competition.  Volunteer work and their organizations are great places to meet mentors and get experience. They are free! Libraries are full of information, they are also free, the internet is basically free. Learning marketable skills just takes time not money.

jusman's picture

A little bit off topic.  I am an electrical engineer currently working as a project manager preparing large (mutli-million) tenders for an electrical multinational.  I have always enjoyed my work, and the salary was good and paid the bills.  I seem to be one of the lucky ones in that regard, in that I didn't feel I HAD to work to pay the bills - I love my work - and the bills get paid with what I earn.  It really saddens me that I now understand that may be rare.

But the opposite shocks me.  People who work with the sole intention of making money.  Which certainly includes the whole (crooked) banking/investment busines.  And who constantly try to find a way to con people to part with their cash.  Crooked businesses.  It seems (unfortunately) to be the American Way these days.  Not doing what you love, but rather finding a way to scam someone else to get money, money money.  

How sad.  Even the education system evidently has been hijacked by this same attitude.  It has become a money making machine for many.  And does little for those shelling out the dough.  And the government supports it by making it impossible to declare bankruptcy on a student load (d'ya think there was a little lobbying that took place, and a few nice payoffs to get that changed years ago?)

 

So sad....

NoDebt's picture

I graduated from Villanova in 1990 Magna Cum Laude (3.9 GPA).  Degree in economics, not basket weaving.  I should have kept running my landscaping business from high school, quite frankly.  I'd probaby be in a better position financially than I am now, net net.

Back then Villanova was $14K/year (up from $9K/year when I started in 1986).  Now it's $62K a year.  No, I'm not fucking shitting you.

Do the math.

If I had it to do all over again I'd be an underwater welder.  Or maybe a toll booth collector.

Again, no, I am not fucking shitting you.

 

FuckJanetYellen's picture

Dumb Nova Fag,   Econ us the equivalent of basket weaving.  You should have gone to St. Joe's

 

jbvtme's picture

the local brainwashing clinic up the road costs $75k per. mama's boys, snowflakes and iphones everywhere. recently, the validictorian who addressed the graduation crowd earned a degree in geography. wtf, i thought. i can buy a gps at wally world for peanuts. who needs that goat to tell me how to get around. ten years ago i said to the missus that the campus (swimming pool, hockey rink, theater, dorms...all impeccably designed and landscaped)  would be better suited for an assisted living facility. "shall we put our names on the waiting list"? she asked.  sharp girl

Multi's picture

Some one who doesn't want to live in a container.

AVmaster's picture

Yea....

I went to college to get my bachelors computer science...

 

But employers don't want that piece of paper, they want the certifications that say you can safely work on windows or networks or not blow up the computer...

 

And you can go get the certifications on your own, no school needed....

Manthong's picture

I have said many times …

“Spare the tire iron and spoil the child”…

Well, gee, I do really not want to smack a kid bloody with a steel rod , but a little smack on the fanny did not hurt me in my yute,..

..and I think the snowflakes need a bit of a jolt.


 

mtl4's picture

Let's just say that bubbles in government and higher education tend to coincide.........pretty soon the bell will toll for them both.

 

That kid is definitely smarter than most (ironically university is designed to crush free thinking), I'd hire him for sure.

spastic_colon's picture

it appears that Billy is a white male......too bad he is not an africanamericanindianillegalasianmexicanilliteratefemaletrannyhomopoorlowerclasssnowflake or it would all be free.

The Saint's picture
The Saint (not verified) spastic_colon Dec 22, 2016 10:24 AM

To the real point of the story, my freshman year 1st semester tuition to my state's major university was $167.  By the time I left it was $267.  LOL  I don't know what it is today but I'm sure it is rediculously high.

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) The Saint Dec 22, 2016 11:05 AM

Ridiculously. English 101.

Sorry. I couldn't help myself.

Yes, I'm a jerk... [sigh...]

crazzziecanuck's picture

I think governments are dragged into bubbles.  They're always the lagging indicator.  Why do I think that?

Because governments of the last thirty years only take orders from the donor and ownership classes, aka capitalists.  And I use that term rather loosely as most capitalists are just socialists in capitalist clothing who believe their religously-based market fundamentalism only applies to everyone else but themselves.  Governments have been told that policies they create must come into line with the needs of "the market", as defined by these false capitalists.  What this actually means is to get governments to make THEIR lives easier; to transfer the wealth from those that have little to those that have the most.  To turn education into vocational job training for them (and the obsession with the high managerial arts known as math and science), giving them tax breaks and loopholes, providing heavily subsidized infrastructure, expanding intellectual property laws and curbing government power so the rentier capitalist classes can make money without having to do a goddamn thing.  Even exempt whole industries from laws that others have to follow (how the medical industry is exempt from the Sherman antitrust act).  That, and get "progressives" like Obama to make permanent tax cuts for the rich or to push for destructive "trade deals" like TPP, NAFTA or TISA. The examples are endless.

Even "welfare" programs are glorified corporate welfare.  All that money does is make a momentary stop in people's pockets who then turn around and give it right back to the ownership class when they buy products at the chain supermarket or the local bodega.  Eventually, it filters right back up to the rich.

Governments reall are just Robin Hood in reverse.  Steal from the poor and give to the rich.  Ralph Nader also referred to government as "corporate occupied territory", and he's 100% correct in that assessment.  You don't even need that Ivy League study to show our society is an oligarchy where the government only responds to the needs of the donor and ownership class.

So, government is part of the problem, but it's not the central part of the problem.  The real problem is the lack of ethics and morality shown by those at the top, especially within the donor and ownership class.  A fish rots from the head down and one cannot blame the lower orders for bad behaviour when bad behaviour is the only thing the people at the top know of.  They wish to return to a more feudal society, which is unsurprising giving how they've gutted liberal arts in favour of programming people on "how" to do things instead of whether or not they "should" do these things.  This lack of historical knowledge is a blind spot that could very well lead them all to the guillotine, which is, sadly, what it may all have to come down to.

SmackDaddy's picture

Basket weaving is a useful skill.  Joo pseudo-science not so much.....

Speaking of joos, how about them Jesuits.....

Ward no. 6's picture

i believe you

the costs of college are out of hand compared to what they were 15 years ago

Withdrawn Sanction's picture

I went to a good state university in the 70s for just a skosh more than $1000/semester, all in (tuition, R&B).  Today, a grand would barely cover your textbook tab.  

Anytime, anywhere government gets involved, it distorts things and prices go up.  Look at health care.  G got involved in a big way during WW-II when it froze wages...but not benefits, incl. employer-paid health insurance.  That unleashed demand by separating the payer from the recipient of health svcs.  There were other factors to be sure, but govt interference was/is a big contributor.

Same deal w/post-secondary education.  The GI-bill, Pell grants, underwriting university research, etc. etc. has channelled billions into universities that would otherwise not have gone there.  And you see the result:  6 figure salaries for professors who teach a class or 2 (most undergrad teaching is done by TAs and adjuncts who make essentially minimum wage), dorms and campus dining (not cafeterias or dining halls) that are bordering on lavish, football teams that harvest the talents of their players to bring in more dollars to the university so they can....attract more students and get more money...

Now we have a society that believes (wrongly) that college is the only path to a successful career.  Sadly, the more people fall for this, the more careers calling for a degree will see their salaries drop as the supply of degrees rises.  At the same time, the salaries of talented non-degreed professions (plumbing, electrical work, car repair, etc.) rise as the willingness of people to pursue these jobs drops. 

In my view, the most important thing kids can do is figure out what they'd like to do w/their lives FIRST.  I realize that's hard when you're 17 or 18, but in truth, it's hard at any age.  It requires a lot of introspection and honest assessment.  If, after that, they figure out their life path needs a college degree (to be an MD, say), then fine, pursue your degree; but if not, there is no shame in being a good auto mechanic or carpenter or seamstress or painter.   Because if you pursue what you enjoy, chances are, the pay and other rewards will follow naturally. 

crazzziecanuck's picture

"At the same time, the salaries of talented non-degreed professions (plumbing, electrical work, car repair, etc.) rise as the willingness of people to pursue these jobs drops."

Households just don't have money.  And when households don't have money, they don't call the local plumber to fix things but instead choose to go down to Home Depot and do the repairs themselves.

I'm also not entirely sure if one can blame plumbers for pricing themselves out of the market, either.

When people have less and less money, they have less and less money to spend on services.  And like a local plumber friend I know said to me, he has a hard time charging people full rates because he can see that people have no real money to spare.  So as things like ACA, childcare, ARM mortgates, and other unrelenting bills suck up ever more of disposable income, there's less to spend on plumbers or car repair.  In a sense, my friend's margins are being sucked away to Wall Street.  And for what?

fortune114's picture

Even households who have money are incentivized to DIY.  We needed a cement board and trim replaced on the eave of our house.  The only guy we could find wanted $400 plus materials.  OK, that's worth me having a close look and nipping around Home Depot a bit.  So easy, took me an hour, and the replacement board was $13.

ThisIsMadness's picture

Well, when college loans are subsidized by the government, why wouldn't you raise the cost? It's like throwing away free money. 

My favorite part about his article, because it's true, is that many teachers who teach have NEVER worked in the industry. I know because work in the IT industry and teach at a University part-time. I meet many PHD's that are dumber than a 5th grader,

any_mouse's picture

EZ Pass collects tolls.

Underwater welding. Robots are not there, yet.

Landscaping business. Work for yourself. Get business deductions denied to wage slaves.

College - Business or STEM, anything else is just extended child care with ashtrays and beer. Or intellectual masturbation.

Manthong's picture

 

 

 I should have kept running my landscaping business from high school,”

 

and... you could probably speak fluent Spanish now.

..vacations in Malaga would be moar fun.

 

It’s a trend… tell your  kids…..

Deliver value at the micro level …stash cash.

Leave the macro to the maroons .

 

 

CNONC's picture

Yeah, me too.  Masters in Econ, but I have never earned a dime as an economist.  I design and build industrial process heat machines.  At least the math was useful.  The rest was just fraud.

Graph's picture

Economics, landscaping, underwater bwelding, toll booth collecting.

You are all over the place and missing jusman's point.

DrBrown's picture

Ah actually that's not correct. Annual tuition at Villanova is $48,610. Room $6946/year. Meal plan roughly $6120/year. Add in incidentals the school estimates it to cost a freshman $62,373 for one fucking year!! That is bullshit! I worked as a statistician at a state university for 34 years starting in 1976. Higher education has gone through an enourmous change starting in the late 1980's. It is now a racket thanks to the federal government showering the universities with endless loan guarantees. It's now a fraud and nothing but a degree mill. They let in anyone with a check book. We had one student admitted who had a 13 ACT composite! Sounds a lot like the subprime loan scam of 2007-08. This is going to end badly.

Bastiat's picture

Yep, subprime student loans - easy money pushing cost inflation.

Jonas Parker's picture

It took me several decades to realize that my college education was useless. I've used only two subjects worth of information through my entire life - Logic and Army ROTC.

MissCellany's picture

Fascinating how many upvotes you got and how few downvotes. Gotta wonder how many of us have been secretly feeling this way for a long time.

(Hoya here, same year, different major. Costs were somewhat higher -- more like $20k/yr all told. Got burnt out from working 40 hours a week to get by -- work study job plus off-campus supplemental gig. Said no effing way to grad school after that.)

halfasleep's picture

I wish he would've mentioned federal reserve policies that have enabled the predatory lending scheme that is now higher ed.

HRH Feant's picture
HRH Feant (not verified) jusman Dec 22, 2016 12:33 AM

Oh fuck off asshole. If you want to work for free for the benefit of humanity no one is stopping you. Feel free to donate every penny you earn to whatever group you want. Again, no one is stopping you.

general ambivalent's picture

Don't think the economy could support 40 million bikini inspectors.

TwelveOhOne's picture

I remember that change, and thinking "this isn't right, this will have severe consequences."

While I mostly applaud the kid, there is a typo in his output.  In addition, I agree with his choice of "teach a marriage class" but a much better class than "how to do your taxes" would be "why to do your taxes" -- teach students about the US tax code, and how it explains that you elected to be treated as a taxpayer when you filed your first form, and that you can revoke that election.

CNONC's picture

While I agree that college costs have risen beyond the paractical value of the degree, somehow I think this kid is misguided.  He specifically mentions a foundational concept in mathematics as a bit of knowledge unrelated to real life, while demanding he be taught the skills to manage his personal life.  I think maybe he misses the point of college.  What academic discipline requires that you know how to stay married or pay your taxes?  But basic ability to solve simple algebraic equations seems to me to be as necessary to responsible citizenship as the ability to read and comprehend a newspaper.  Maybe the world is better off without him occupying a seat in a college classroom.

 

 

SgtShaftoe's picture

Yes, I thought solving quadratic equasions was for junior high schoolers.  It certainly was taught in my 7th grade class.  High school was for calculus and trig. 

nmewn's picture

I have never ascribed to the premise that money is the root of all evil, in fact I hold the opposite view, that is, that money allows for an individuals freedom & independence. It is when individuals (or groups) conspire to extract money from you that they have become the evil you see, by taking from you not just "the money" but that freedom and independence that comes by having it.

Inanimate objects can't be evil.

Ghordius's picture

+1 true

but is it... money? I see the US Student Debt as an excess. of credit (and the cause for the rise of costs)

and another excess. that of... collateral. I see the problem in the very laws that make the very life of a young person... valid collateral

one of the freedoms, pardon me, personal liberties for which the US was famous was the liberty to default (and that without stigma)

this is being denied to US Students accepting credit for their education. now, that makes them debt serfs

treating people as collateral is only one step removed from slavery, where you treat them as things, hence the lesser term for bondage, serfdom

there, imho, lies the evil

nmewn's picture

Yes, correct.

That is exactly my point, only cognizant, thinking beings can be evil and evil can take on many forms. It can come disguised as trusted advisers, politicians, bankers, friends, family under the premise that something is good for you. This is not to say that they are all intentionally evil themselves, they could have very well been "tricked" into thinking it is good, thus have become part of it.

Handful of Dust's picture

This is a very bad attitude. Who is going to support all those school administrators' fat pensions if kids study and learn on their own and don't borrow $200,000 for college?

Herd Redirection Committee's picture

Money never was the root of all evil.

It was... The LOVE OF MONEY, that is the root of all evil.

nmewn's picture

That is exactly correct.

It is the LOVE of money that is the distinguishing factor.

I can only upvote you once though   ;-)