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Again now we've talked a lot on this program about high education and as the price of -- -- just keeps on going up it always goes up you know.
Our next guest says it's not always worth the investment it's just -- -- man himself -- jumped.
It's often not worth the -- aggregate Hillary Clinton's fond of citing that statistic lots of people site.
If you go to college to an average over your lifetime you'll make a million bucks more.
And that's true with from census data -- think about it it doesn't control for the kind of people who go to college.
If you go to college are already more ambitious more self discipline.
Most people would have probably made a million dollars -- over the lifetime anyway.
It's a stupid comparison -- and today more people are going to college and we're shoving them in college with government funds.
And a lot of them hated in almost half drop out in this lousy for them laws for the taxpayer.
-- for everybody but the colleges to get the money but you know it's your speaking contrary to the American dream the American -- -- -- -- it as an immigrant is you've got to go to college no matter what it -- matter what it take you go to college majority immigrant -- children will go to college to make life better for you and for them as well that's America.
-- talking contrary to that whole outlook that whole world view on -- While the country period but yes that's what I'm doing and a lot of people go and they hate and look.
Peter Jennings had a successful career he never went to college Richard Branson time -- Henry for John.
He could have a good life without college.
Look you know I mean at the end of the day I think -- -- -- -- consequences of the rise in prices of a college education.
Discounting inflation since 1982.
It's like the housing market.
You know every auto prices go up and if that frightening thing the shocking thing -- talk about drop out rates and high school right everybody focuses on it.
But dropout rates and college.
More than 50% won't get a degree in six years not yeah.
Are they drop out before they get a degree.
A when they drop out a lot of them will be saddled with a launch student huge -- 30000 dollars on average is that right and he didn't even graduate.
And you didn't anger but you -- -- round -- that's like having a tragedy so Joseph.
I'm -- you that's why those people shouldn't be portion of the going to college and B and feeling lousy about themselves and being stuck with that data.
You touched on that on the price increase this is the one that movement inflation over the past 25 years it's been about.
Medical costs which we are complain about double -- -- 18%.
College 400 some percent.
-- -- just no market to.
To have competition everybody wants that degree from the best places that -- -- -- credentials it -- been very quiet taking notes they can recognize but I'd I'd bet that you say your children.
You're gonna make him go to college and a push it through college no metal -- On chip none none though not necessarily because at some point as a young adult they get to make of their own minds what they wanna do and how they want to achieve the but I do believe that we need to have a greater focus on knowledge in this country -- that's really college.
But knowledge I feel like as -- knowledge driven society were falling apart here.
And I'm worried about how our kids compete in it in the in the in the years to come.
On the -- and -- we have a.
Guy who's paying students a 100000 dollars each to drop out of college to something that but people found it online and Gloria story it has its people -- -- -- -- -- bubble rethink this thing.
And -- do you that he it's not a business that he has that -- -- he just as the witness chair.
Just to make people rethink this that's on your show tonight yes let me give a promo for the time -- please do I will stocks just -- -- 10 PM eastern time right here in -- Fox Business Network Stossel is the name of the show and it's on tonight.
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