The Money Podcast

Is University a Scam?


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Is university a scam? Rob talks about why he thinks university is at best outdated and at worst a scam in this episode. He shares why many people would be far better off not going to university at all, the alternatives to further education and the potential ulterior motives the government have for wanting as many people as possible to get a degree.

 

KEY TAKEAWAYS

  • The average student leaves with 45k in debt, to earn 30k when they leave.
  • Students are sold a future that isn’t the reality. Most students will leave university with huge debt and in some cases a worse salary than if they hadn’t gone.
  • You can’t get the education you need at university about newer technology and online spaces such as AI and content creation.
  • There is still a need for universities for more practical courses, such as medicine.
  • Going to university is good for the system, it means you are in debt, pay them interest and pay them taxes. You don’t then have the freedom to create your own business.
  • Think about the ulterior motive for universities and colleges, especially when you consider education for things like medicine should be free as they serve the public.
  • It's not just a cost to students to attend university but frequently their family and parents too.

 

BEST MOMENTS

 "In creative arts, people earn more than if they didn’t go to uni”

“No ones really done it long enough for the information to trickle down to university, if you do marketing they don’t really touch on social media at all”

“There’s nothing in podcasting at university at all”

“The system wants you for debt, interest and taxes”

“It can take 30 years to repay a student loan”

“Why should we have to get in debt for the rest of our lives to be a doctor?”

 "It benefits them for you to be in more debt" 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

See omnystudio.com/listener for privacy information.

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