Defund Universities - Shocking Truth About The College Monopoly System
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 24 August 2022
⏱️ 22 minutes
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Summary
In this video, Patrick Bet-David details the future of education and the college monopoly system.
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Transcript
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| 0:00.0 | I want to share with you some disturbing data about a college education or college degree today |
| 0:04.0 | just to see how you react to it. Did you know the average price of a house in 1980 was $64,000 |
| 0:10.2 | and it's $336,000? That is an uptick of 425%. Did you know the average price of a car in 1980 was |
| 0:17.6 | 7 grand? Today it's $47,000. That's an increase of 571%. But did you know the average cost of college |
| 0:26.1 | from 1980 till today has increased? Ready? 1,200%. By the way, inflation from 1980 till today is 236% |
| 0:35.3 | cost of college tuition. 1,200%. Let me get to straight. Incomes only to 17 to 20. |
| 0:42.8 | Twishing for colleges, 1,200%, 1,000% more. How can the average American afford to send |
| 0:49.9 | their kids to college or the student to pay for it? We're going to talk about that today. |
| 0:57.1 | So before you get upset at the college you went to or you're going to write now. Let's ask a |
| 1:05.9 | few questions to see if it's really worth it. And then let's make a decision. But if you get value |
| 1:10.0 | out of this video, give it a thumbs up, subscribe and share it with others. 5 things we're going to |
| 1:14.0 | talk about in this video. Number 1, the cost increase. Number 2, is the actual investment, |
| 1:19.4 | meaning the 4 to 5 years and the money you spent into it, is the rate of return worth it. |
| 1:24.3 | Roll college plays. Does it carry the same weight before and how will it be disrupted? |
| 1:30.0 | What's going to happen to the future of college if they keep going the way they're going today? |
| 1:34.3 | So let's get right into it. Okay, so today's sponsor to the video is Yudami. And if you don't |
| 1:38.1 | know about Yudami, Yudami is the largest online education technology platform in the world. |
| 1:43.2 | They have 40 million students. They have 70,000 instructors, 157,000 courses in 65 languages and |
| 1:50.9 | 80% of Fortune 100 companies use Yudami to upskill their employees. And me, myself, there's three |
| 1:57.5 | courses I want to recommend to you. They've got an online MBA course. If you've never |
| 2:01.4 | take a highly recommended, there's an online programming for kids that my kids are going through it. |
| 2:06.0 | And last but not least, they have a great course for digital media. If you're a salesperson |
... |
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