Posts Tagged “Stanford”

As I have listened to and read the seemingly endless news stories about the cost of a college education today, the problems of obtaining loans and grants for tuition, the amount of debt many students are burdened with after graduation, and the extent of defaults on student loans, I have changed my attitude about the importance of a college education.

I have a college degree, and my career has been largely based on my education. After dropping out of college and a long delay in returning, I did not graduate until I was in my 30s, then entered public accounting and quickly went into practice on my own. For the past 50 years, almost everything I have accomplished in business has been based on or greatly influenced by my education and professional training. So, for me, a college education proved to be a major asset and the foundation of my livelihood.

However, I now believe we place too much emphasis on a college education and, what’s more, the particular college or university our young people attend, such as the “Ivy League” schools. It has become far too important to many parents that their children not only attend college but one with a prestigious reputation, such as Harvard, Yale, Princeton, Brown, Stanford, MIT, or Cal Tech, etc.

Although my career has been based on my education, the particular school I went to didn’t matter one bit. Throughout my long business and professional career, no one ever asked me what school I attended or what my grade point average was. It didn’t matter, and they didn’t care. People only care that you can perform. If you can’t do that, a degree from the most prestigious university in the world won’t help.

I have concluded that teaching our Continue Reading

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