College Is A Waste Of Time For ~98% Of Students - David Jaffee
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college is a waste of time

College is a Waste of Time for ~98% of Students

Have you ever heard someone say that college is a waste of time and money?

Are you curious why many successful people do not have a college degree yet they are still rich and famous?

Should you force your kids to go to college or instead have them focus on learning valuable skills that they can monetize (such as online stock trading)?

I believe that universities are hurting America's future and ruining our children's minds.

As an Ivy League University graduate with a ~1500 SAT score, I think that universities do not prepare students for the real world.

I also believe that spending years in college is an enormous waste of time.

Personally, I spent so much time and energy to earn good grades (graduating when I was 20 years old so that I could begin work as an investment banker) yet I believe that my time would have been much better spent (and I'd be a lot wealthier) had I never gone to college.

As a college student, you're concerned about your social status / dating, memorizing information and comparing yourself to others.

Furthermore, the learning style in college is extremely passive!

You're sitting in class and memorizing facts from a book (both are passive consumption of information)

In the real world, active creators and industrious people are successful; passive consumers of information are not successful.

College does not teach you how to be an active creator.

Why College is a Waste of Time (Key Points)

  • In universities, you are being told what you should and should not do.
  • Universities do not instill positive habits and self-love, which I believe are the most important attributes that people need in order to be successful.
  • The knowledge that schools teach are outdated. There is nothing that a teacher knows that you can't find by searching Google or YouTube.
  • In college, you compete with your peers while in the real world, you should not compete against anyone else except yourself.

Universities are TOO Scripted

In universities, you are told what you should and should NOT do.

Professors give you homework and provide a due date.

As a student, you're reactive; a professor says something, and you then have to do it.

College teaches you how to be a robot employee, not a successful entrepreneur.

In the real world, you have more freedom.

You can sit around all day, eat unhealthy foods, or choose to spend your time efficiently. 

The primary reasons why universities are ruining their students' minds are:

Universities do not instill positive habits and self-love, which I believe are the most important attributes that people need in order to be successful.

Universities do not teach people how to use their time efficiently and actively create valuable products.

Colleges DO NOT Instill Positive Habits

By building positive habits, you can live a great life without wasting your time and money on useless things.


Positive habits also allow you to love yourself and stop comparing yourself to other people.

If you have positive habits, you won't react in a negative manner to stressful situations.

You will be able to avoid depression and anxiety.

You will learn to deal with your emotions and you'll have a high likelihood of being successful.

Receiving a degree from a prominent school is not the determining factor between successful and unsuccessful people.

Instead, one of the most important determining factors is: what you do in your spare time when no one else is watching (your productivity and industriousness).

This will have a big impact as to whether you will become successful.

Building positive habits does not require you to sign up for online courses (or going to a Tony Robbins event).

These forms of external validation, stimulation and motivation are fleeting and rarely bring about lasting change.

Since college does not encourage positive habits that will serve you as an adult, I believe ‚Äčthat college is a waste of time.

"Universities do not instill positive habits and self-love, which I believe are the most important attributes that people need in order to be successful." - David Jaffee, BestStockStrategy.com

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Universities are Pointless (for most)

Unless you need a college degree for graduate school (lawyer, doctor, etc.) then college is probably not only a waste of time, but...it probably does more harm than good.

Young students make decisions to pursue careers that oftentimes require a 5 - 10 year commitment (doctors and lawyers), only to find out that they hate their jobs.

Unfortunately for them, they can't get that time (or money) back!

Universities do NOT teach people how to love themselves; and many young students go to college just because they don't want to be judged negatively when graduating high school.

Instead, universities create competition among cohorts that lead to insecurity which carries forward into adulthood.

There is a lot of segregation and stereotyping inside these schools.

Furthermore, universities carry large disadvantages to children from low-income families (oftentimes requiring those families to fall into debt to pay tuition).

The reality is that college is a waste of time and money because the schools are outdated.

There is nothing that a teacher knows that you can't find by searching Google or YouTube.

There are better teachers on YouTube (and YouTube is free).

Additionally, memorizing information for an exam, only to forget it later, is completely worthless.

Learning calculus in University is worthless.

Can you remember the last time you used calculus in real life?

I haven't applied anything that I learned in school besides reading, writing, and arithmetic.

Even as an investment banker and options trader, all of the skills that I learned were taught on-the-job.

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