Initially I dropped out of college to work on internet startups in the 90s. I didn’t make a billion but I learned skills and made a good living and was definitely the highest earner out of all my college friends for at least 10-20 years.
But I went to night school and got an undergrad and masters and now work in a field with a lot of very educated people phd/md in a non-bullshit way. And I wouldn’t have had that opportunity without my degrees, even know I had the same skills and knowledge.
Is it right that I was filtered out by degree and not by capability? No, it’s not right, but it happened.
Practically, I’m not sure what to advise my kids. I’m leaning toward college because taking out loans and having 60% of the money go to admin staff and mega gyms is just overhead to opening more opportunity.
And I think the college route has a higher median outcome as I wrestle with was I lucky or will everyone with skill and obsession in an area be able to support their families.