PBD Podcast Education Is A SCAM w/ Zuby | PBD Podcast | Ep. 176
Aug 4, 2022
This conversation tackles the controversial nature of modern education, questioning the value of college degrees and advocating for practical skill development. The guests discuss the staggering rise of student debt and its implications for the future. Also on the table is Tiger Woods' shocking rejection of an $800 million offer from LIV Golf, which opens a dialogue about ethics in sports funding. Additionally, the podcast examines California's contentious safe injection sites and GEICO's departure from the state, highlighting broader social and economic challenges.
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Episode notes
PBD's Credit Card Debt
- Patrick Bet-David was $49,000 in credit card debt in his early twenties.
- He eventually paid it off, but it wasn't easy, highlighting the dangers of accumulating credit card debt.
Unsustainable University System
- Zuby observes that the university system seems unsustainable.
- He predicts a revolution in higher education in our lifetime, driven by changing perceptions of value.
Banks Don't Finance Education
- Patrick Bet-David points out that banks don't typically finance college education.
- He suggests this indicates a lack of confidence in the return on investment, unlike business loans.
