

Throwback: College - To Go or Not To Go? | Ep 926
221 snips Jul 18, 2025
In a candid discussion, the host tackles the college vs. career dilemma, highlighting the burden of student debt and its long-term effects. He emphasizes the varying returns on investment in education across different fields and demographics, particularly for minority groups. The conversation challenges the notion that a degree guarantees success, advocating for real-world experience and alternative career paths. Additionally, a comprehensive Scaling Roadmap for business growth is introduced, offering insights into essential steps for success.
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Experience Beats Degree Example
- Alex Hormozi chose a sales candidate with four years of experience over a philosophy degree graduate for a sales job.
- Experience matters more than formal education for many positions today.
The College Debt Trap
- College debt in the U.S. surpasses the GDP of most countries, posing a huge financial risk.
- This debt can't be discharged in bankruptcy, making it a lifelong burden for many.
Earnings vs. Debt Timing
- Higher degrees statistically lead to higher lifetime earnings but also come with longer debt repayment and delayed income spikes.
- The financial benefit may not start until late 30s or early 40s after debt burden eases.