Death and taxes are certain, and most professions require some form of higher education. You want to be a professional, right? Then plan to buy overpriced books from John Wiley & Sons Inc.
Dollars earmarked for buying stupid-expensive books are dolled out quarterly via the student loan program. Even if some college students are smart enough to find work-around tactics for floating through class sans book, they are in the stark minority. The stock is consolidating down into a nice support level and looks easy to manage here:
College is designed to suck as many dollars out of these loan programs as is possible. Yes, it is also a place where people learn and prepare to be a professional. But these days everything you need to know is online. We are democratizing information and I am a huge fan of this approach to learning, even if it does not carry the same credibility as a degree. Show them your worth by generating net worth.
Since we are on the topic of learning, for less money then you would spend on course materials for Intro To Biology, you can learn to trade for a living from our resident educator Jeff Kohler aka The Option Addict. Click here for the details.
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Always a hoot when you get to riff with the college folk.
I went one semester in grad school where I didn’t buy books for all but one of my classes (read the syllabus and everything was straight out of the book)- the assignments were either on-line or I borrowed a book (but that was difficult as my classmates hated me)
He must have got bored as he came at me yesterday because I opted for gains picking bio stocks rather than take it up the ass in $LABU.
Lol
Back in the Age of Pericles (when I went to college) we had to buy our books … but even then I found a way to get used books for at least part of them. The new books were crazy expensive even that long ago.
Textbooks are crazy. I’m enrolling my kid in the Kahn Academy.
I can’t speak for college. However, much of what is found on the Internet is incorrect, or misinformation at best. Curation of Internet sourced information is a task in and of itself. For example in acoustics, much of what you need to know is found in three or four old books. About 90 percent of what you read on the Internet about acoustics is B.S.
People who write serious works usually like to be paid for their work and for sharing intellectual property.
I realize the current Internet model is put it all out there for free, and make money from collateral response to your content. But that’s another comment…
Fair enough
I remember my university days, the amount I spent on books was crazy