{"id":1383,"date":"2017-11-24T14:29:08","date_gmt":"2017-11-24T19:29:08","guid":{"rendered":"http:\/\/bly.com\/blog\/?p=1383"},"modified":"2017-11-13T14:31:09","modified_gmt":"2017-11-13T19:31:09","slug":"is-going-to-college-a-waste-of-time-for-aspiring-entrepreneurs","status":"publish","type":"post","link":"https:\/\/www.bly.com\/blog\/general\/is-going-to-college-a-waste-of-time-for-aspiring-entrepreneurs\/","title":{"rendered":"Is going to college a waste of time for aspiring entrepreneurs?"},"content":{"rendered":"<p>There is a lot of debate today as to whether going to college is<br \/>\nstill worth the effort and investment &#8230; or is now a complete<br \/>\nwaste of time and money.<\/p>\n<p>For an accurate analysis, I believe the experience of college<br \/>\nlife as well as participation in extracurricular activities must<br \/>\nbe factored in along with the value of the classroom education<br \/>\nand degree obtained.<\/p>\n<p>An article in my alumni magazine Rochester Review (8\/17, p. 13)<br \/>\nstates:<\/p>\n<p>&#8220;[For] students who spend 4 years at elite, residential<br \/>\nuniversities, what they learn from immersion in activities<br \/>\noutside of the classroom can be as important as what happens in<br \/>\nit.&#8221;<\/p>\n<p>People who find college archaic, unnecessary, or indulgent may<br \/>\nlaugh at this claim.<\/p>\n<p>But for me, it was absolutely true.<\/p>\n<p>When I went to the University of Rochester in the 1970s, I got<br \/>\ntwo educations for the price of one.<\/p>\n<p>The first was my BS in chemical engineering.<\/p>\n<p>This is what I paid tuition for and spent 4 years of study at the<br \/>\nUniversity of Rochester (UR) to learn and earn.<\/p>\n<p>And having a STEM (science, engineering, technology, math) degree<br \/>\n&#8212; and the knowledge one acquired to get it &#8212; was then, as it is<br \/>\ntoday, a good investment.<\/p>\n<p>The second was the education I got as a writer.<\/p>\n<p>I was both the editor of the monthly college literary magazine<br \/>\nand the features editor of the daily college newspaper.<\/p>\n<p>When I entered the UR, I didn&#8217;t even know they had a campus<br \/>\nnewspaper, much less a daily one.<\/p>\n<p>Turns out, the paper was daily. Almost every other school in the<br \/>\nnation our size had a weekly paper if they had one at all.<\/p>\n<p>This worked out for me because, as a result of the paper and the<br \/>\nmagazine, I spent about 130 hours a semester writing stories and<br \/>\narticles for these publications.<\/p>\n<p>Mark Ford, Malcom Gladwell, and others say that to become<br \/>\ncompetent at a skill, you have to do it for about 1,000 hours.<\/p>\n<p>Because of my extra-curricular activities, by the time I<br \/>\ngraduated UR in May 1979, I had more than a thousand hours of<br \/>\nwriting practice.<\/p>\n<p>And even though I was a chemical engineering major, and not an<br \/>\nEnglish major, I had become &#8212; well, not a great writer &#8212; but a<br \/>\ncompetent writer.<\/p>\n<p>With that skill plus my BS in engineering, I quickly and easily<br \/>\nlanded multiple job offers in positions where the companies<br \/>\nwanted a writer with a good grasp of science and technology &#8212;<br \/>\npositions they told me they had real trouble filling.<\/p>\n<p>So I took one, got hired as a staff marketing and technical<br \/>\nwriter at Westinghouse, and my writing career began.<\/p>\n<p>I also know that getting a STEM degree allowed my youngest son to<br \/>\nmake six-figures immediately upon graduating college a couple of<br \/>\nyears ago.<\/p>\n<p>So I understand that not everybody is a fan of or needs a college<br \/>\neducation.<\/p>\n<p>But I wouldn&#8217;t universally knock it as it is so fashionable to do<br \/>\ntoday.<\/p>\n<p>One other thing&#8230;.<\/p>\n<p>When discussions of this nature pop up on Facebook, somebody<br \/>\ninvariably says, &#8220;Become an entrepreneur &#8212; you will make so much<br \/>\nmore money!&#8221;<\/p>\n<p>Maybe. But the reality is that the average small business owner<br \/>\nin the U.S. today has a respectable but nowhere near spectacular<br \/>\nincome:<\/p>\n<p><a href=\"http:\/\/smallbusiness.chron.com\/average-income-small-business-owners-5189.html\">http:\/\/smallbusiness.chron.com\/average-income-small-business-owners-5189.html<\/a><\/p>\n<p>A lot of people view living on campus as play time &#8212;<br \/>\nself-indulgence for spoiled rich kids.<\/p>\n<p>For me, it was a maturing experience.<\/p>\n<p>To pay for college, I took both students loans and a job washing<br \/>\ndishes in the school cafeteria for 15 hours a week.<\/p>\n<p>The debt, the job, the magazine, the daily paper, and the rigors<br \/>\nof STEM study made me more mature than I was when I entered &#8212;<br \/>\nalthough granted, I was an immature teen.<\/p>\n<p>So again, for me, it worked out, and I can&#8217;t knock it.<\/p>\n<p>Though I understand why some people, when they see videos of<br \/>\nSpring Break in Mexico or Florida (neither of which I ever did),<br \/>\nthink college kids are spoiled brats.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a lot of debate today as to whether going to college is still worth the effort and investment &#8230; or is now a complete waste of time and money. For an accurate analysis, I believe the experience of college life as well as participation in extracurricular activities must be factored in along with [&hellip;]<\/p>\n","protected":false},"author":1848,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1383","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/users\/1848"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/comments?post=1383"}],"version-history":[{"count":4,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1383\/revisions"}],"predecessor-version":[{"id":1388,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1383\/revisions\/1388"}],"wp:attachment":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/media?parent=1383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/categories?post=1383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/tags?post=1383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}