How does Gen-Z view College?

<p>According to the U.S. Bureau of Labor Statistics, prices for college tuition and fees were 1,410.87% higher in 2020 versus 1977 (a $282,174.44 difference in value). &nbsp;</p> <p>At some point, we have to recognize that GenZ is not just a bunch of complainers. &nbsp;</p> <p>The cost of tuition has outpaced wage growth to the point that getting a college degree only makes sense if you do not have to acquire debt. An article from Forbes in Jul,y 2018 pointed out that the price of college has increased almost 8 times faster than wages. &nbsp;</p> <p>Among the Class of 2019, 69% of college students took out student loans, and they graduated with an average debt of $29,900, including both private and federal debt. Meanwhile, 14% of their parents took out an average of $37,200 in federal parent PLUS loans. &nbsp;</p> <p>The bottom line is that many graduates are coming into an economy where they are saddled with debt and with little opportunity to unburden themselves from it any time soon. &nbsp;</p> <p>This has created a debtors prison for almost all of the Millennial Generation. &nbsp;GenZ has also started down this path however, &nbsp;younger ones from this cohort are waking up to this reality and are rethinking everything. &nbsp;</p> <p>In this episode, Dylan Minter shares his perspective as a current college student and gives valuable insight regarding how this generation sees the future of education and everything else.</p>