Mathematically, College Is A Waste of Time

Just like my high school history teacher told us, skipping college and getting a damn job instead is the smartest economic thing you could possibly do. Someone has proven it, using mathematics!

One day in 11th grade, Mr. Romaine got up and sketched out, on the chalkboard, the average expected debts and earnings of two theoretical people: One, who left high school and went to work immediately as, say, a plumber or something; and another who went to college, and started earning only after they graduated and paid off their loans. And hey, a SmartMoney editor (not Mr. Romaine) did the same thing in a New York Post editorial today, proving that college is a huge scam.

Check out the math here!