Why University is #1 Worst Regret of Most People’s Lifetime

Hey Thoughty2 here. The year is 1096, it will be 203 years until
the Ottoman empire will begin and start decorating many a living room with comfortable foot stools. In 334 years the Aztec empire will be founded
and begin sacrificing 20,000 humans a year, to keep themselves occupied. And it will be 487 years until the British
Empire start taking over the World by sticking flags in things and people. Yet in this year of 1096, what is today the
oldest university in the English-speaking world, Oxford university, will teach its very
first lesson. One hundred and thirteen years later Cambridge
university will be founded. Between them both these two powerhouses of
education, spanning back almost a millennium, have changed the world in more ways than one
can count and definitely for the better. These two research and education establishments
are responsible for world-altering inventions and discoveries such as the Theory of Evolution,
IVF, artificial intelligence, heart and lung transplants, stem cell research, gravity,
the discovery of electrons and nuclear fission, and last but not least, the internet. And those are just a small selection. So to try and argue that a University education
is a waste of time and money would be futile, wouldn’t it? Well all over the world education has changed
dramatically since the days when the inventor of the World Wide Web Tim Berners Lee studied
at Oxford University. And it has even changed over the past 15 years,
since Mark Zuckerberg learnt how to ruin the World Wide Web with Facebook at Harvard University. University or college education as our transatlantic
cousins call it, is today less relevant than ever before in history and for many young
people, attending university could be one of the most expensive and biggest mistakes
they ever make. Aside from pre-purchasing No Man’s Sky. All over the developed world we have it drilled
into our heads during our school days that higher education is the path to gold and riches. Get a college diploma they said, get a university
degree they insisted, and you too will be able to afford champagne, hot tubs and unlimited
naked women. We get told that so frequently by our elders
because when they attended university that was mostly true. Thirty years ago if you were lucky enough
to study at university you were pretty much guaranteed a job in your field of study. Engineering graduates would go on to work
for car and aircraft manufacturers, media students could get a job at a broadcasting
house and so on. Provided you got a decent grade your future
in a well-paid job was almost guaranteed. Today things have changed, on average, only
half of university and college graduates get a job in the years following graduation and
I’m not even talking about a job that has anything to do with what they studied. Statistics show that many of those 50% of
employed graduates are working in completely unrelated or menial jobs, because today less
than 30% of all university graduates go on to work in the field of their degree. Unless you took the The Underwater Basket
Weaving Degree, the demand for them things is off the charts. Yes that is a genuine course. The reason behind this has a lot to do with
numbers. In the 50s, 60s and 70s only the middle class
and affluent families could afford to send their little cretins to university. Even in the UK where university tuition fees
have only existed since 1998, it didn’t matter because to support the family, children
would have to go off to work at the age of 18 or younger, higher education was just never
an option. As a result, in 1950 a pitiful 3% of people
in the UK attended university. Today that has risen to 49%. That’s obviously a really good thing, as
a society we are all now more driven and more financially able to attend university and
educate ourselves in any field we choose. But the problem is, the number of jobs available
has hardly risen at all. With so many hundreds of thousands of graduates
each year in the UK and over 4.5 million new graduates each year in the US, the competition
for the specialised, high paying jobs is greater than ever before. And if you graduated in something more general
that isn’t so specialised, such as media or business studies, then good luck to you,
because you’ve a got an extremely tough journey ahead of you. If you currently are or have been in this
situation yourself you will know how horrible it feels, but if not, imagine spending two
to five years at university studying hard, sitting through countless lectures with a
hangover and living off nothing but the two important student food groups, instant noodles
and whatever you just found in the cupboard on toast. But finally, after the seemingly longest and
hardest years of your life so far, you have a moment of glory, you graduate, you throw
your cap into the air and you are filled with optimism for the fruitful career that awaits
you. Then six months later you’re working in
a call centre, still eating your typical student diet. Now imagine all that but you are also joyfully
over £50,000 in debt. And this exact situation is not just befallen
on a fringe group of graduates, the majority of university graduates, over 70% find themselves
in a career they never wanted, and almost 100% will be in debt for the next 30+ years. I’m not here to say whether Universities
should be free or not, because truthfully, there are incredibly strong arguments on both
sides of that fence. On one hand, charging tuition fees makes students
value and appreciate the opportunity more strongly and they tend to put more effort
in. Also, without having to rely on government
handouts universities can also offer a higher quality of education and more resources for
students. But conversely, if university fees are completely
abolished, a greater diversity of people are given an opportunity to better themselves
and in the long-term it actually pays off for the government and society, because a
generally better educated society are going to contribute more to the country’s economy
in the future through increased innovation and business. The Shittin’ Shake Weight didn’t invent
itself you know! University or college graduates are also statistically
far less likely to be involved in crime, reducing policing and prison costs and are less likely
to rely on social welfare during their lifetime. Just think about it, when was the last time
you saw a Doctor of Theoretical Physics having a custody battle with their sister on Jeremy
Kyle? Each year millions of young people graduate
from university but a poll recently conducted in the UK showed that one-third of university
graduates regret going to University in the first place. So what’s the issue here? Do students just regret how much money they
spent on instant noodles and booze? Probably, but that’s not the main issue. Whether you paid for your tuition or not,
the problem is what you’re actually getting in return for your hard spent time and money. When polled 49% of graduates said they could
have gotten the job they are currently doing without ever attending University. The problem isn’t just the sheer number
of university graduates out there and the huge competition. Over the years the true value of a university
degree has been eroded away to become increasingly worthless, just like Windows. Over recent years the percentage of university
graduates achieving a first or 1:1 has risen sharply. In the UK ministers have spoken out about
how they believe Universities are increasingly making it easier in sneaky ways, for their
students to achieve higher marks so that the establishment looks better on paper and they
can better compete in University league tables. And to make things worse, it’s believed
that in many universities across the globe corruption and abuse of funds is rife, if
the reports are to be believed then it’s particularly bad in US higher education. Surely the 50 thousand plus you borrowed to
attend university is put to good use? It’s spent on hiring the best teachers and
purchasing the best facilities for students, is it not? Well yes, a lot of it is, but many journalists
have uncovered a seedy underbelly in many top universities. Many higher up staff, such as University presidents
earn more than many CEOs of big corporations. Apart from day to day management, the primary
role of a University president is fundraising. This involves horrendously arduous tasks,
such as wining and dining international visitors, or even jet setting off to exotic locations
for days at a time for “meetings”. And of course, University funds are used to
pay for all of these activities. Universities have long been viewed as non-profit
establishments, but journalists believe that today many large American universities are
acting more like for-profit corporations. They are increasingly engaging in patenting
and licensing of ideas, concepts and innovations, which only opens up opportunities to profit
from an idea and is directly contradictory to providing open education for all. And this is just scratching the surface, Unesco
released a report called “Corrupt schools, corrupt universities: What can be done?”
after six years of investigation into schools and universities worldwide. The report claims that education at all levels
is corrupted with embezzlement, illegal registration fees and academic fraud, among other shady
practices. I’m not trying to put anyone off higher
education, for so many people it can absolutely be the right choice and the best thing they
will ever do. But if you are turning against the idea, then
what are your alternatives? Well, unfortunately if your dream is to be
a doctor, dentist or engineer I’m afraid you will have to attend university, since
they are strictly regulated, after all, would you want to operated on by a surgeon who got
their diploma from the university of YouTube? But those specific careers aside, the only
thing stopping you from achieving your dream job is your passion. The most important thing you can do in your
professional life is whatever makes you happy, if you’re about to start your career, you
may think that by opting for a well-paid but boring job you will have a happy life, but
I promise you the day will come when you will wish you followed your true passion. And if you’re already 30 years down the
line and you already realised this 20 years ago, then I’m truly sorry my friend, I think
it’s about time for your mid-life crisis, if you like I can just give you a list of
numbers for Porsche dealerships. But today, with the internet, the opportunities
to do what you love are limitless, and literally the only thing stopping you from doing what
you love, is your willingness to try and if you stick around until the end of this video,
I’ll tell you a story that will make you want to stop everything you’re doing and
follow your dreams, no matter how big they are. One of the absolute best places on the internet
to achieve your dreams and indulge your passion is SkillShare. Skillshare is an online learning community
with thousands of classes in design, business, technology and more. Premium Membership gives you unlimited access
to high quality classes on must-know topics, so you can improve your skills, unlock new
opportunities, and do the work you love. One Skillshare course I found absolutely essential
is “The Writer’s Toolkit: 6 Steps to a Successful Writing Habit”. Whether your dream is to be a novelist, journalist
or even write videos like me, this course teaches you how to express your ideas and
avoid writer’s block, it’s an absolute must. What’s so great about Skillshare is how
affordable it is, an annual subscription is less than $10 a month and for what you get,
that’s unbelievable value. I know I go on about Skillshare a lot, but
that’s only because I truly believe in what it offers and what everyone can get out of
it, I have yet to find a self-learning platform out there that rivals the professionalism,
and wealth of incredible knowledge you can find on Skillshare, whether you want to realise
a lifelong dream or simply start a new side project, Skillshare is a must have tool. And since Skillshare is sponsoring this video,
the first 500 people to use the promo link in the description will get their first 2
months for free. So about that story I promised you. There are hundreds of rags to riches stories,
each one is inspiring in its own way but there is one entrepreneur who has perhaps suffered
more than any other on his journey to success. Californian John Paul DeJoria is today worth
$4 billion, but not so long ago he was homeless. Let me tell you exactly how that happened. DeJoria grew up in a very poor household without
a father, at nine years old he started selling newspapers so his mother and brother could
eat. Eventually DeJoria was sent to a foster home
when his mother could no longer support him and his brother. In school his maths teacher told him “he
would never succeed at anything in life” and DeJoria says that ever since that moment
he was determined to change his life. An interesting side note, my maths teacher
once told me the exact same thing, seriously, what is wrong with maths teachers? Also, if you’re watching haha! But if only things were that simple for DeJoria,
because from here on out things only got worse for him. At 22 DeJoria’s wife abandoned him and their
two-year-old son, but not before she secretly drained every dime from his bank account and
took his only car. It’s not really my place to say, but wow,
what a grade A bitch! DeJoria was subsequently evicted from their
flat and forced to live on the streets with his infant son. He was homeless for some time and resorted
to rummaging through bins to find empty bottles. At this time you could trade in empty bottle
at grocery stores for a couple of cents. He did this for a while to make money to buy
food for his son. Eventually DeJoria got a job as a door to
door salesman. The job requirements must have listed “must
make a good stereotype” because he sold encyclopedias. One day DeJoria decided to start a hair care
company with his friend Paul Mitchell, who was also broke. Incredibly they managed to secure a $500,000
investment from a venture capitalist, but on the day they were supposed to launch the
company the only investor pulled out, leaving them with nothing. This forced DeJoria to become homeless once
again, he began living out of his car. So in one last ditch attempt to make his hair
care company a success, he and his business partner Paul Mitchell pooled all their money
together, and DeJoria asked his mum for a loan of $300. All of this added up to just $700. But it was just enough to produce their first
bottles of shampoo, they even had to print the packaging in black and white because they
couldn’t afford colour. According to DeJoria, during the first two
years they nearly went bankrupt almost every day, but eventually they managed to slowly
build up the business and their customer base of salons. After two years they were able to finally
pay their bills and focus on growing the business. Their brand John Paul Mitchell Systems became
a global success, selling in 150,000 salons all over the globe. John Paul DeJoria had everything taken from
him twice and was homeless twice, today the man is worth $4 billion. Off the back of his success in hair care also
started a premium Tequila company called Patron Spirits, which he just recently sold to Bacardi
for $5.1 billion. Now if DeJoria’s story doesn’t give you
the determination to stick to and pursue your dreams no matter what, then nothing will. At the end of the day, whether you’re university
educated or not, there’s only one person that can make you successful, you. And it won’t be your college or university
diploma that’s responsible, it will be your determination to make it happen. Thanks for watching.


@7:30 Correlation does not necessarily imply causation. An individual's tendency towards social cooperation and his ambition level may be underlying factors which drive him to both finish college, and also to avoid perpetrating criminal acts and needing welfare benefits.

"follow your passions." Is often terrible advice and is the exact reason people join over priced useless degree programs.

The key to wealth is NOT education. It's the combination of vision, focus, belief, goal setting, and working your butt off, which are all things NOT TAUGHT at university.

When education is a coorperation and business $$$ this what happen. When a brainless person beeing forced to study and get the degree eventhough they failed …this the most stupidity in human mandkinds.

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