Why I dropped out of college?
I graduated from high school in 2020. Some people are aware of the fact that I am not currently enrolled in any colleges or universities, but some are not. There are several reasons why I chose not to continue my education after high school. Let’s be real, college is not for everyone, and not everyone wants to go to college.
Growing up, my parents always told me that I have to stay in school and study hard to get a good job and make a lot of money. At the time, I did not have the slightest knowledge about money and finances, so I’ve always thought that was a good idea. By the end of my junior year in high school, I began to think about what I want to pursue as a career, and I thought, “well, I’ve always had business in mind. So maybe I’ll do that.” I didn’t know much about how the business cycle works, and I’ve always thought that I needed a college degree to start a business, which is not true at all. This thought held me back. However, going into my senior year, I began reading books on businesses and finances. A key secret unveiled as I read Rich Dad, Poor Dad, by Robert Kiyosaki. The book taught me many things, but one that is probably the most important thing that I’ve learned from reading this book was that school conditions you to get a 9–5 job and work for someone. The school system was established to teach you professions so that you can work for the government, and that’s exactly what I want to stay away from. I hate to think that I have to work for someone for the rest of my life and have little to no freedom to operate. I believe there are many people out there who are very talented but earn little money. The lack of financial education is what’s keeping them in the rat race. The school system doesn’t teach them these things. I must say school has failed me significantly. In my 12 years of education, I’ve learned nothing but how to get a job. School is failing entrepreneurs every day because it’s not built for entrepreneurship; it’s built for workers.
Now, some of you might not agree with me, but you’re going to school to get debt, and the job you’re going to get after school is not going to pay you enough money to pay back the loan unless you starve. I’m not saying college is categorically a bad thing and that you should not go, but if this is the way I perceive it, then why should I go? I know someone who makes $150k-$300k a year and still hasn’t been able to pay off their student loan.
Why? It’s because of the lack of financial education that the school system doesn’t teach them.