Comments on: Wise Up! Skip College. Buy a Franchise!

By: Joel Libava

Joel Libava — Tue, 31 Mar 2009 15:04:01 +0000

Sean,
Not sure how important this not so well known fact is, but:

I lasted three-fourths of a year in college. It wasn’t the right fit.

But I DID stay at a Hot Pillow Inn.

The Franchise King
Joel Libava

By: Rob

Rob — Mon, 12 Jan 2009 14:35:57 +0000

Great post! One thing that you neglected to point out: the INTEREST on those student loans! If a student finances their entire education (as more and more do), they’ll be paying it off well into their 30s or 40s, and by the time they’re done, they will have paid way, WAY more than the sticker price for that degree. The “magic” of compounding interest worked against them, and sapped their ability to generate wealth over the most productive years of their lives. What a giant scam.

By: Sachin Nair

Sachin Nair — Sat, 27 Dec 2008 23:17:04 +0000

Your franchise idea is good but please be realistic with your article. Sure there might be some instances when someone with a Phd is a clerk and someone with an MBA cleans your floor but that is a very small percentage of the total number of graduates. Most graduates do get decent jobs and most people who don’t go to college usually do have lower paying jobs than graduates. You could have used this article as a way of introducing a new path after high school. However your discussion of graduates and undergraduates is just ridiculous and sadly your preposterous statements undermines and takes the audience away from the actual point, which is to start a franchise. Think before you right, ok? Cheerio.

By: Marlon

Marlon — Tue, 04 Sep 2007 21:59:26 +0000

I’ve got a Bachelor’s and a Master’s both in business and I would have done better getting both of them from a diploma mill b/c that’s about what they’ve been worth to me. I’ve never made anymore than $28,000/yr since I graduated from undergrad and less with my Master’s. I am looking to start a business or get into a franchise situation with a partner since my credit is riddled with student loans. They convince you coming in that student loans are counted as good debt…..LOL. Tell the bank that when you are trying to buy a house. universities are big business and they are in bed with the government, the elite Ivy leaguers usually already have money get great jobs b/c of who they and their parents know. Same can’t be said for the rest of us stiff from Anywhere University. Business ownership is the only way. Maybe one day we can all get together and burn our useless degrees!!!!!!

By: sean

sean — Sat, 18 Aug 2007 12:16:55 +0000

Jay:
I think that’s a great way to go. You not only save on tuition, but think of the hangovers you’ll avoid!
I was going to delete your obvious “ad disguised as a comment” with the link to your site, but decided to leave it up with this tip to budding slacker conmen:
Now you can get a fake diploma for free! Go to Jay’s site, right click on a sample diploma and save it to your computer. Use a freeware watermark-erasing program to remove Jay’s URL from the image, and there’s your diploma! The only catch: You’ll have to tell people you graduated from the University of Your Name Here.

By: Jay

Jay — Sat, 18 Aug 2007 12:02:12 +0000

Diploma mills seem to be blossoming these days I have lost count on the number of emails I have received from these fake colleges and universities and the other aspect are the vendors who sell fake diplomas also a concerning development.

By: sean

sean — Wed, 25 Jul 2007 23:26:35 +0000

Looks like this post has gotten Ben's panties in a bunch over at Education & Careers. Unfortunately, like so many others who have the affliction we call "the liberal arts," Ben missed the point.
He who is fond of pointing out logical fallacies missed his own: "College graduates earn $30K per year more than non-graduates. Therefore, going to college provides an additional $30K yearly to an individual's income."
This would only be a valid conclusion if you studied two equal groups of individuals, and sent one group to college and one straight into the work force, then compared their incomes. Ben's argument disregards the fact that many of the people in a position to go to college - white, middle & upper class, better educated - are those who would also be earning more if they didn't go to college. Although one of the benefits in going to college is they turn you on to cool textbooks, like "How to Lie With Statistics."

By: Wise Up … Look At The Facts! | Education & Careers

Wise Up … Look At The Facts! | Education & Careers — Wed, 25 Jul 2007 18:58:25 +0000

[...] few weeks ago, I responded to a provocative blog entitled, “Wise Up! Skip College. Buy a Franchise!” The primary thrust of the blog was, essentially, that college is “a waste of time, money, and [...]

By: Is College a Scam? Should you buy a franchise instead? at PIGASYS

Is College a Scam? Should you buy a franchise instead? at PIGASYS — Fri, 13 Jul 2007 15:59:38 +0000

[...] is the entire article. Write Sean and leave him your thoughts. My post Wise Up! Skip College. Buy a Franchise! provoked some strong reactions, most notably from those whose meager livelihood depends on the [...]

By: sean

sean — Tue, 10 Jul 2007 15:37:17 +0000

Michael Webster said: ” Most individuals go to college too soon for it to be of any use to them.

But it would make more sense, rather than buying a franchise, to work for 6 months at various franchises to learn something of value.”

Michael: That’s a good point (as is your contention elsewhere that prospective franchise owners should work in a franchise unit before investing).

The good news is that they will get at least 6 months experience working in fast food franchises as soon as they graduate. Liberal Arts majors will probably get a few years.