I’m going to start by warning you –
The myth of college partying is a big tangled mess of conflict of interest. There are a lot of people hoping that you fall for it because that’s going to make them a whole mess of money for them to swim in like Scrooge McDuck after a big score.
This is something that absolutely every prospective college student needs to understand because their are millions of millennials that were fooled into believing these lies…
And you know what it cost them…
Literally decades of their lives working jobs they hate because they’re desperate to pay off their constantly growing mounds of student death. I mean… debt.
Note: I’m going to have an expert on student loans offering a guest post in the middle of January 2019 to help you navigate the details of student loans. But for now, let’s demolish this college partying myth once and for all.
How To Avoid The Hell Of Never-Ending Student Loan Debt Servitude
Do you understand how compound interest works?
Einstein once called compound interest the eighth wonder of the world but really…
Most students only ever end up wondering how they got caught up paying it for decades when they can barely scrape up enough food for dinner.
Compound interest can work for you or against you.
When you take out student loans, even subsidized ones, compound interest in working against you.
Compound interest turns a little bit of money into a whole big heaping pile of money over time. And, essentially, taking out excessive student loans is way you can generously donate your hard earned income to a millionaire CEO’s bonus paycheck so he can afford a few more payments on his private jet. (And I’m sure he really appreciates that generosity.)
Want a good story on how a post office employee can become a millionaire using nothing but compound interest?
That can show you the power of compound interest working in your favor…
But student loans…
They’re the opposite.
Here is the real question…
Why Are We Never Taught How Dangerous Student Loans Are? – Hint: You’re Making These People Filthy Rich
You’ve probably been taught the same BS story about people involved in academic institutions.
At least, I’m betting someone has tried to tell you this story before…
You know, all employees in schools are pretty much super heroes dedicated to “educating the future,” or some other broad gobbledygook.
And heck… down at the basic employee level… this idea has a little bit of truth to it.
But at the top…
College has become one of the biggest for-profit industries in the world.
At the same time, they’re increasing prices dramatically faster than virtually every other industry in the world.
Profits are just increasing for the people in charge.
Bankers are making huge amounts of government guaranteed money of student loans.
That means, bankers want as much of these loans as possible.
Of course, that means colleges are strongly encouraged to increase costs (and prices) because:
1. Bankers will give unlimited student loans to students because the government backs these loans up (in multiple different ways, some direct, some indirect.) So… no price is too high for a college to charge.
2. These schools need to compete to get more and more students by giving bigger and better perks to them. (Oh… a pool!)
And You’re The Lucky One That Gets Stuck With The Bill
And, of course, this industry branches off into every direction.
College towns have an influx of more people meaning more money for them. College textbook publishers can charge an arm and a leg to get the latest edition of their textbook (and not that dramatically cheaper “international edition” that they’re still making a huge profit off of.) In fact, the college partying myth itself has created an entertainment industry that makes millions off it.
What Is The College Party Myth Anyway?
By any chance…
Have you ever gotten the impression college partying is going to be one of the best times in your life?
If no, I suspect you haven’t watched many movies in your life…
The Millenials were inundated with all kinds of these fun, entertaining, (mostly dumb) and completely manipulative movies.
But it’s a myth that’s been building up momentum for decades now.
College parties are not like this. And the only people that think college parties are like this were so drunk that they really can’t be trusted. (And when they got that drunk, all their friends were thinking they were an asshole the whole damn time.)
The reality is…
College isn’t about drinking. It isn’t about partying.
You’ll have some fun.
You might even go to a few good parties that for a few seconds that remind you of the great college movies you’ve watched in life.
But… there is a reason almost every single college movie you’ll ever watch shows college in this way…
How To Make College A Fun, Fulfilling, And Not-Fictional Experience
You can’t go into college expecting the college party myth to have any basis in reality.
It’s a lie that was designed to encourage you to sign your life away to bankers while they take real vacations in paradise.
The more you try to make college like this imaginary conception of college, the more miserable your experience is going to be.
College, done right, is an investment in your future.
College, done wrong, is a ball and chain you’ll be dragging around for the rest of your life.
I’ve watched friends of mine try to create this fictional reality.
I’ve watched those friends go down a very bad road (subsidized by taxpayers.) They drank themselves into a stupor. They made fools of themselves. They made the wrong kind of “friends.” (The kind that encourage them to become dumber and dumber because they find it funny.)
One got kicked out of college. (Of course… he still owed the money.)
One got a job in fast food. (Living with mum…)
One ended up on disability based on his decisions…
This isn’t a rare occurrence.
This is what happens to people that refuse to see the world as it is.
Please… just be careful. College partying isn’t everything.
It’s not HOW MUCH you study.
It’s HOW you study.
The human brain has billions of neurons perfectly structured to store and transmit data about the world around you.
Any idiot can bang around with a textbook for dozens of hours to score high…
Let me show you the better way.