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Is society's definition of "success" too closely tied to receiving a college degree? And has that exacerbated America's student debt crisis? Social Finance, Inc. CEO Tracy Palandjian sat down with LinkedIn's Devin Banerjee, CFA to discuss alternatives to four-year degrees as well as new ways to pay for higher education, including the rise of income-share agreements. Watch the full conversation from the Milken Institute Global Conference below, and add your own take in the comments. #LinkedInFinance #LinkedInVideo #MIGlobal

John C. Shuey

Homo sum humani a me nihil alienum puto.

4y

The typical American college grad is weak in math and has been required to know absolutely nothing about economics, business, government, foreign cultures/languages or even history. Others have gone on to grad school and learned a lot, but graduate locked into a narrow band of careers that may not fulfill them indefinitely.    Personally, I have always been wary of conventional wisdom. I don't think you should make big life choices to please your parents nor to impress your contemporaries. And if your goal is to be rich as hell, I am almost certain you will die disappointed - even if you succeed. "The underemployment rate for recent college graduates is higher today than it was in the early 2000s. More people are working in jobs they’re overqualified for in order to make ends meet, taking jobs that don’t require a college degree. That’s despite a decade of low unemployment and economic growth and stock market highs." https://www.yahoo.com/finance/news/underemployment-for-recent-grads-worse-today-than-in-early-2000-s-180429491.html

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