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Urban Culture

College: is it a good or bad investment?

college blog 1

Universities nowadays are becoming the ultimate money making institutions through insanely expensive tuition fees. When applying to college a lot of questions impose themselves on any student such as: “can I afford it”? and the other great mysterious question: “is it worth it”?

You see, selecting a college is like an investment; one must assess its risks, identify opportunities and try to estimate the return on investment. For that reason, selecting whether to go to college or not is tough especially when you recognize the fact that many successful business men such Mark Zuckerberg the creator of Facebook, Bill Gates the CEO of Microsoft, the visionary Steve Jobs founder of Apple Inc dropped out of college and became successful, wealthy and influential public figures.

Ever heard of the Theory of relativity? Yes the one that the genius Albert Einstein pioneered which revolutionized physics. Well, Albert Einstein dropped out of school when he was 15 years old and when he tried to go back he failed his entrance exam. Teachers used to tell his mom that he will fail in life just like he did in school but surprise! Surprise! Albert Einstein became one of the greatest persons the world has ever seen. Even today many schools and universities care about grades only ignoring the real needs of students and continuously try to push them as hard as possible to get better grades ignoring its negative psychological effects. As you can see it’s another bad point for our educational system!

Here in Lebanon, the average undergraduate student tuition ranges between $20,000 and $30,000. Students have the choice to work and pay, rely on their parent or apply to an educational loan. Thinking about what you owe for college education is depressing because of what you could actually buy with that hefty sum.

The crazy list includes:

  • Two 2013/14 Kia Picanto
  • Renting a Ferrari 458 Italia for 30 days
  • 9,000 Nutella jars!!!
  • 43 iPhone 5
  • 170,000 feet of bubble wraps
  • 45,000 packets of noodles
  • 30 above the ground swimming pools
  • 15,000 Red Bull cans
  • A down payment for a house
  • And last but not least one can get married

Well I can go on forever giving examples but the decision of whether to invest or not in education is yours.


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