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Speaker 1: Welcome to How the Money. I'm Joel and I'm Matt,

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Speaker 1: and today we're discussing is college worth it? It's college

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Speaker 1: worth it? Man? That is a controversial question, wouldn't you

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Speaker 1: say so? Yeah? I think in today's day and age,

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Speaker 1: so people are like college for some folks at the end,

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Speaker 1: all be y'all, it's necessary. How could you even think

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Speaker 1: about not going to college? But then we've also seen

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Speaker 1: what it's done to people. It's almost with mounting student

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Speaker 1: loans and stuff like that, and it's become a burden

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Speaker 1: on a lot of people's backs. At the same time,

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Speaker 1: I feel like it's almost the sacred cow where it's like,

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Speaker 1: don't you dare question college? Like you know that there's

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Speaker 1: benefit to it. And that's the thing. We're not gonna

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Speaker 1: say that there isn't a benefit with going to college, right,

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Speaker 1: But the question that we're going to try to answer

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Speaker 1: is is it actually worth it? Because there are some

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Speaker 1: drawbacks it comes to going to college, we're gonna cover

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Speaker 1: those and we're gonna mention some factors to consider when

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Speaker 1: you aren't trying to decide whether or not to go

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Speaker 1: to college, whether or not to pursue that higher degree

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Speaker 1: and we know that our audience is in all fifteen

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Speaker 1: and sixteen year old Matt, So this episode is going

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Speaker 1: to be applicable for people thinking about going back and

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Speaker 1: getting another degree, yeah, nba, yeah, getting some higher education, like,

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Speaker 1: well is that meaningful? Will that actually help me? Or

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Speaker 1: for parents of kids who are looking to steer their

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Speaker 1: kids towards an intelligent decision. I think a lot of

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Speaker 1: the stuff we're gonna cover here is gonna be good

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Speaker 1: food for thought as you're having those discussions, because that's

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Speaker 1: one thing that a lot of parents have a lot

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Speaker 1: of trouble doing, is starting that conversation with their kid

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Speaker 1: or letting them down when it comes to hey, actually

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Speaker 1: that's gonna cost too much and it's gonna be bad

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Speaker 1: for you in the end. But hold up, we're gonna

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Speaker 1: talk more about that actually later on too. Yes, yes,

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Speaker 1: all right, so but before we get to that, Matt,

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Speaker 1: I wanted you to see this thing I got in

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Speaker 1: the mail for my Niecean Leaf. It was just this

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Speaker 1: quick little mailer, and dude, it was kind of ridiculous.

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Speaker 1: This ominous looking mailer that is trying silly looking. It

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Speaker 1: kind of silly looking, and really, ultimately, what is trying

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Speaker 1: to do, is is trying to sell me an extended

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Speaker 1: warranty from my car, And it says, in this kind

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Speaker 1: of legally sort of type, this notice is to inform

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Speaker 1: you that your niece on leaf is in need of

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Speaker 1: vehicle protection in order to ensure it's continued safe operation.

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Speaker 1: It says, our records indicate that you have not contacted

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Speaker 1: us to have your auto warranty activated. By neglecting to

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Speaker 1: activate your coverage today, you assume responsibility for paying repairs

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Speaker 1: in full out of pocket. Call Now it's it's just hype,

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Speaker 1: and it would be enough to scare a lot of

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Speaker 1: people into calling the number, paying the money and getting

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Speaker 1: some sort of who knows whether it's even a good

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Speaker 1: car warranty. It could be some third party trying to

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Speaker 1: sudd me something that's complete trash. Almost guarantee it's to

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Speaker 1: not be a good policy based on their marketing tactics.

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Speaker 1: The way it's written, it almost makes it sound like

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Speaker 1: that literally, like the tires are gonna fall off from

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Speaker 1: car right if you don't mail that thing back to them. Yes,

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Speaker 1: safe operation of your vehicle isn't gonna happen if you

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Speaker 1: don't call us number, like your brakes might give out

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Speaker 1: if you don't send us back. Who knows. And I

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Speaker 1: know most of us are used to getting less and

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Speaker 1: less stuff in the mail and something like that. We

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Speaker 1: most of us see that and we kind of know

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Speaker 1: it's ridiculous. But that's the kind of stuff that's that's

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Speaker 1: the kind of over the top ways that people are

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Speaker 1: trying to sell you things these days, and in particular,

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Speaker 1: something that's completely unnecessary or potentially completely worthless. And we

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Speaker 1: haven't really talked about car warranties on the show before Matt,

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Speaker 1: and it's something that we should cover at some point,

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Speaker 1: but for the most part in particular, third party car

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Speaker 1: warranties are almost always worthless. Yeah, man, you know what

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Speaker 1: it makes me think of as well is private mortgage

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Speaker 1: life insurance. So if you've ever purchased a home, right

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Speaker 1: after you close on your home, no kidding, like a

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Speaker 1: week later, you'll start receiving these mailers and they'll have

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Speaker 1: the logo of your lender or the bank that you

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Speaker 1: went with, and you think, oh, this looks like something

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Speaker 1: I need to definitely look at, and they're basically trying

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Speaker 1: to sell you life insurance and it's crappy. Life insurance

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Speaker 1: is because it's life insurance that's typically way overpriced, and

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Speaker 1: it's a policy that directly goes towards the lender. Actually, yes, exactly,

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Speaker 1: bypasses your family and it just takes scare of the

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Speaker 1: bank so that your family, I guess they can in

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Speaker 1: the house because the home will be paid for at

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Speaker 1: that point. Right, but typically, but it's terrible. But basically

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Speaker 1: you are paying money every single month to ensure the lender,

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Speaker 1: not yourself, and it's I mean, it's just absurd insurance.

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Speaker 1: But you get all these the same thing. It's final notice,

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Speaker 1: and it's totally that fear marketing where they're praying on

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Speaker 1: you not knowing exactly what's going on, and you think, oh,

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Speaker 1: you know, maybe I can afford to pay a couple

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Speaker 1: hundred bucks a month just so I don't have to

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Speaker 1: worry about this thing anymore. Well, that's not something that

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Speaker 1: we would at all recommend. So make sure that you're

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Speaker 1: paying close attention to what's showing up in your mailbox. Yeah,

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Speaker 1: when in doubt, throw it out and just put it

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Speaker 1: in the trash recycling. Is that a saying okay, yeah,

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Speaker 1: I've heard of the round filing cabinet, right, like the

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Speaker 1: trash can. Oh yeah, it's like classic office talk. Let

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Speaker 1: me just file that in the round the color file there. Yeah,

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Speaker 1: circular file tells you how long it's been since I've

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Speaker 1: been in a corporate environment. You don't make those jokes

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Speaker 1: to yourself when you're working alone every day. Nope, not

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Speaker 1: at all. Kate's like, why is he giggling in there?

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Speaker 1: You must have told himself in the funny jokes. I

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Speaker 1: think Matt's at the water cooler by himself. All right,

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Speaker 1: let's mention the beer that we're having on the show today.

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Speaker 1: The kind folks at Saint Archer Brewing out of California

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Speaker 1: have sent us a couple of beers to have on

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Speaker 1: the show, and this one is their Mexican lagger. So

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Speaker 1: I'm excited to try this one. This is most definitely

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Speaker 1: a style that we've never had on the show before,

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Speaker 1: most associated with beers like Corona, right right. Yeah, But

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Speaker 1: there are some good Mexican loggers out there, man, And

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Speaker 1: if I had to think that some good ones, if

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Speaker 1: I had, if I had to pick my favorite right

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Speaker 1: off top of my head, Negro Modelo. That is such

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Speaker 1: a good Mexican logger. I'm a huge fan. But it's

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Speaker 1: just not something to be in the mood for it though, right, Yeah,

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Speaker 1: it's yeah, But yeah, I'm excited to have a Mexican

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Speaker 1: logger because it's not a style that we try often.

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Speaker 1: And you know what, you and I we've been getting

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Speaker 1: more and more into laggers, because that is true. They

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Speaker 1: do have a completely different feel on your palette. And

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Speaker 1: we're usually drinking just incredibly hopped up or fruited up

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Speaker 1: beers or bourbon merril aged. I was like, they're drinking

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Speaker 1: another hazy I p a right boy. Right, So you

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Speaker 1: know we're dialing back, going a little more chill today

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Speaker 1: with this beer variety. It's important. It's the spice of life,

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Speaker 1: That's what they say, all right, Joel, you want to

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Speaker 1: kick off the topic for this episode. Yeah, onto the

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Speaker 1: subject at Handmatt. We're talking about is college worth it?

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Speaker 1: The price of college has gotten steep and the return

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Speaker 1: on investment isn't as clear cut as it was decades ago,

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Speaker 1: So it does beg the question. I feel like we

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Speaker 1: have to discuss this topic. Is college worth it? Is

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Speaker 1: getting a degree from a traditional academic institution the best

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Speaker 1: course for high school kids going forward? Well, I think

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Speaker 1: there's a lot of nuance in the conversation, Matt that

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Speaker 1: needs to be had, Like we touched on at the

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Speaker 1: beginning of the show, and we'll touch on some of

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Speaker 1: those important things that you need to consider before you

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Speaker 1: decide to go back to school or as you have

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Speaker 1: that conversation with your high school or employers even see

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Speaker 1: how bad it is, Matt. I just saw an article

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Speaker 1: in the Wall Street Journal saying that in the last

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Speaker 1: couple of years, basically the number of employers offering student

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Speaker 1: loan assistance has doubled. Essentially, they see the problem that's

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Speaker 1: happening with their employees and it's affecting how they do

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Speaker 1: their jobs, even having higher levels of student loan debt.

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Speaker 1: And so employers are incentivizing their employees to pay down

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Speaker 1: their student loans by contributing more to their retirement accounts

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Speaker 1: if they will up the amount that they're paying towards

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Speaker 1: their student loans. There are cool ways that employers are

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Speaker 1: helping tackle this problem. But it is a problem, right

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Speaker 1: And if you just look at a simple inflation chart

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Speaker 1: over the past twenty or thirty years, you'll see so

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Speaker 1: many things have gone down in price in our country.

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Speaker 1: The price of groceries or the price of TVs and

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Speaker 1: stuff like that. Consumer goods have have fallen off a

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Speaker 1: cliff really in large part, but the cost of healthcare

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Speaker 1: in particular and college have risen just immensely and it's

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Speaker 1: almost become unaffordable for a lot of people. Yeah, man,

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Speaker 1: it is insane. And let me tell you another insane number.

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Speaker 1: The total outstanding student loan debt totals now over one

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Speaker 1: point six trillion dollars. Do you just think of the

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Speaker 1: staggering effect that this is having on our generation. Folks

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Speaker 1: are possibly delaying marriage or you know, buying a home

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Speaker 1: and even having kids. It's crazy to think of the

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Speaker 1: financial sort of ramifications that it's having on just sort

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Speaker 1: of our lifestyle. Yeah, it's had a massive cultural influence because, yeah,

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Speaker 1: the debt that people have taken on, it just basically

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Speaker 1: prolongs adolescence and moving into adulthood is something that will

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Speaker 1: lot of people want, right they want to own their

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Speaker 1: own home, or they want to start a family, or

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Speaker 1: they want to get married, but they feel like, because

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Speaker 1: of the student loan debt, that they're riddled with their

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Speaker 1: unable to do that. Yeah. Yeah, essentially it makes it

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Speaker 1: even more difficult to kind of move on to that

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Speaker 1: next stage in life. And as bad as that situation is,

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Speaker 1: let me tell you just like an even worse case scenario,

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Speaker 1: which is the student loans without a degree to show

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Speaker 1: for it. That can put you in a really difficult

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Speaker 1: position of having loan payments without that increased income possibilities.

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Speaker 1: So a quick word to the wise, make sure that

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Speaker 1: you are working hard while you're in school and don't

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Speaker 1: drop out. Yeah, yeah, that is literally when you look

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Speaker 1: at the biggest issues with student loans that people are having,

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Speaker 1: the people that are most affected by increased student loan

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Speaker 1: debt are the people that don't have a degree and

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Speaker 1: don't have increased income to go along with that, but

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Speaker 1: they do have the student loans, but they have the

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Speaker 1: student loan still, so they're still typically stuck making a

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Speaker 1: lower wage, but they're also saddled with more monthly debt payments.

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Speaker 1: So it's really tough. But let's get onto some good news, Matt.

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Speaker 1: The stats also show that college is worth it for

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Speaker 1: most people. A college degree will typically result in higher

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Speaker 1: lifetime earnings. The median income of someone with a high

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Speaker 1: school degree is only forty bucks, while it's seventy eight

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Speaker 1: thousand for someone with a college degree. So even with

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Speaker 1: these massive student loan debt payments, the discrepancy clearly means

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Speaker 1: that a college degree is helpful in your lifetime earning power,

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Speaker 1: and the more you earn, the more you can save

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Speaker 1: and invest. So I think that's something really important to note.

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Speaker 1: Is we're not going to be bashing college here, and

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Speaker 1: I think ultimately we're gonna come down somewhere in the middle.

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Speaker 1: But it's really important to note that if you do

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Speaker 1: complete the degree and it helps you find a better

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Speaker 1: paying job, that going to college can be worthwhile for

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Speaker 1: for lots of folks. Yeah, and another reason we're not

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Speaker 1: going to bash college is because you won't even have

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Speaker 1: a shot at many jobs without getting a college degree.

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Speaker 1: If you have hopes and dreams of a specific career,

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Speaker 1: make sure that you know what sort of education that

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Speaker 1: career requires, you know, if any, before taking expensive courses.

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Speaker 1: That being said, even with the planning, almost three out

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Speaker 1: of four graduates they work in a field completely unrelated

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Speaker 1: to their degree, and so in this case, you'll need

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Speaker 1: to decide for yourself if the sort of secondary benefits

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Speaker 1: of higher education are still going to be worth it

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Speaker 1: to you. You know, we'll get to some of those

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Speaker 1: intangible you know what we'd call like sort of bonus

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Speaker 1: benefits a little later on in the show. Ultimately, once

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Speaker 1: you know the career path you'd like to pursue, be

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Speaker 1: sure and keep that end goal in mind. If you

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Speaker 1: don't do well in school and you graduated at the

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Speaker 1: bottom of your class, that can make it more difficult

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Speaker 1: to get into grad school if that's your ultimate goal.

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Speaker 1: And even if it just takes you a little bit

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Speaker 1: longer to graduate, well, you're accruing more debt along the

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Speaker 1: way while you're in college, and then you're delaying the

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Speaker 1: benefits of having that degree at the same time. So

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Speaker 1: if it takes you five or six or seven years,

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Speaker 1: which is not uncommon these days, to graduate from college,

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Speaker 1: you're accruing more debt along the way, you're adding to

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Speaker 1: your student loan debt burden, and at the same time,

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Speaker 1: you're delaying the start of your career, which is the

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Speaker 1: time where you're gonna be able to start paying that

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Speaker 1: debt off. So it's important to stay focused while you're

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Speaker 1: in school because the quicker you can get that agreed,

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Speaker 1: that's gonna help get you on the road, get you

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Speaker 1: to that place of essentially starting a career. Well, that's

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Speaker 1: going to make a huge difference, because the longer you take,

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Speaker 1: the less it makes sense to actually go to school. Yeah,

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Speaker 1: and to prove that we're not hating on college completely, Joel,

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Speaker 1: let me ask you a question. Do you regret going

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Speaker 1: to college. I do not regret going to college. I'm

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Speaker 1: so I'm so glad I did proof, but I will

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Speaker 1: say I will say I might have a different spin

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Speaker 1: if I had a hundred thousand dollars and student loans

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Speaker 1: on my back, and I was I was fortunate. I

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Speaker 1: went to a private school for the first two years. Yeah,

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Speaker 1: and when you know, it wasn't a really great private school.

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Speaker 1: Pretty much anybody can get in there. But you know,

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Speaker 1: I racked up about thirteen dollars worth of student loan

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Speaker 1: debt there and I decided on purpose to come back

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Speaker 1: to my home state because there was In Georgia, we

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Speaker 1: have the Hope Scholarship, and other states have something similar.

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Speaker 1: You're out of state, Yeah, we talked. We talked about

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Speaker 1: this before Tennessee, New York. Other states have these awesome

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Speaker 1: benefits for for folks to get a college degree for free,

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Speaker 1: and the Hope scholarship still offered in the state of Georgia.

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Speaker 1: I think it's changed a little bit since I went,

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Speaker 1: But basically I could go to school for free, and

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Speaker 1: uh and so I came back and I decided that,

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Speaker 1: you know what, thirteen thousand dollars was all I was

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Speaker 1: going to accrue and got the rest of my education

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Speaker 1: for free. But I might feel different about my education

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Speaker 1: if I had a hundred thousand dollars in student loan

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Speaker 1: debtor or some or anywhere close to that. What about

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Speaker 1: you know, I don't regret it at all, man, Yeah,

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Speaker 1: totally worth it. This is the kind of thing where

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Speaker 1: maybe when I was younger, I would have said that, yeah,

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Speaker 1: I didn't need to go to college, Like in your youth,

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Speaker 1: you say things where you regret because you've gotten older

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Speaker 1: and wiser. Teenage ast yeah, well not teenage, but I

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Speaker 1: mean in your twenties, you know, like early twenties I was.

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Speaker 1: I've mentioned this before. I think I was kind of

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Speaker 1: brain damaged until I turned twenty three years old. But

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Speaker 1: even around twenty three and twenty six, I remember thinking, man,

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Speaker 1: I didn't need to go to college, like what I

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Speaker 1: am doing now. I didn't go to school four necessarily

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Speaker 1: it was somewhat related, but it was along a very

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Speaker 1: different path than what I had gone to school. Four,

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Speaker 1: Like we said earlier, three out of four graduates are

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Speaker 1: you know, working in the field completely unrelated to the

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Speaker 1: you know what they got their degree. And that's where

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Speaker 1: I was. I was in my mid twenties. I was

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Speaker 1: doing something that I felt I could have done actually

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Speaker 1: straight out of college. But with there being more time

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Speaker 1: between then and now, I've learned that there are a

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Speaker 1: lot of additional benefits, a lot of things that I learned,

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Speaker 1: a lot of things I gained through college other than

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Speaker 1: that specific bachelor's degree that I received. Yeah, you know, sometimes, Matt,

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Speaker 1: I feel like college acts as like one of those

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Speaker 1: gates that you pull your car up to. You gotta

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Speaker 1: insert the ticket, you gotta pay your money, the gate

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Speaker 1: opens up in your you can take your car out

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Speaker 1: of the parking garage. I feel like college is often

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Speaker 1: something kind of similar. It's it's not that you don't

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Speaker 1: learn useful skills, and it's not that you don't make

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Speaker 1: useful connections. That's certainly true in college. I I think

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Speaker 1: I learned useful things, But at times it can feel

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Speaker 1: like it's some of the things that I actually needed

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Speaker 1: to learn though to do my current job. I learned

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Speaker 1: upon my internship, like that was actually more of an

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Speaker 1: education for me than my college classes at times. And

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Speaker 1: so I think sometimes it can feel like it's just

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Speaker 1: that gate. You have to pay the money in order

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Speaker 1: to get through this hurdle so that you can apply

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Speaker 1: for certain jobs that are otherwise off limits to you.

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Speaker 1: So I think that's one aspect that needs to be

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Speaker 1: mentioned in regards to college, that sometimes it is like

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Speaker 1: just this barrier to entry and if you don't have

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Speaker 1: the degree, well you're not going to get into that

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Speaker 1: career that you're aspiring to. But really, Matt, the costs

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Speaker 1: are at the heart of this. That is a huge

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Speaker 1: part of it. The shows how the money we talk

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Speaker 1: about money and the costs associated with going to school

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Speaker 1: are a huge thing that needs to be considered in

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Speaker 1: this debate. Is college worth it? And we'll get to

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Speaker 1: that right after the break. All right, Joe, we are

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Speaker 1: back from the break, and we're asking the question is

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Speaker 1: college worth it? And e t s to the cost

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Speaker 1: of college? That is an important consideration. We're going to

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Speaker 1: talk about the money. Now, going to college doesn't mean

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Speaker 1: that you have to graduate up to your eyeballs in debt.

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Speaker 1: There are a lot of different options than taking on

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Speaker 1: massive amounts of student loan. You can go to a

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Speaker 1: community college for the first two years. You can scour

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Speaker 1: the web and apply for dozens of different scholarships and

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Speaker 1: even choosing a lower cost in state option. Uh. Those

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Speaker 1: can all be crucial in the college cost benefit analysis.

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Speaker 1: And you know what, don't forget about grants that are

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Speaker 1: up there as well. What you really need to do

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Speaker 1: is just look at you know what your state has

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Speaker 1: to offer. We talked about this a second ago, Joel.

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Speaker 1: You mentioned how Georgia, how you've got the Hope Scholarship.

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Speaker 1: Tennessee they offered two years of college for free to

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Speaker 1: all high school graduates. Right now. New York they have

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Speaker 1: a tuition free program that is available to lots of

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Speaker 1: people called the Excelsior Scholarship. There are a ton of

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Speaker 1: different tactics that you can sort of employ in order

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Speaker 1: to get the cost of college down. Joel. We're planning

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Speaker 1: a full episode on ways to do that, Ways to

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Speaker 1: minimize the cost of college coming up in the next

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Speaker 1: couple of months. But just know that the first step

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Speaker 1: that you can take to make college worth it is

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Speaker 1: to actually get a deal, try to try to get

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Speaker 1: the cost down. I completely agree. Yeah, I think if

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Speaker 1: you're spending too much, like I said, like, is my

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Speaker 1: degree worth it? Well, it depends on the number I

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Speaker 1: paid for it. And if the student loanedbt on my

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Speaker 1: back is a hundred thousand dollars, then no, my degree

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Speaker 1: wasn't worth it. It wasn't worth that. But if the

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Speaker 1: amount of debt on my back when I graduated was

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Speaker 1: thirteen dollars, then then yeah, it was a slam dunk.

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Speaker 1: It was a great deal. And so you mentioned cost

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Speaker 1: benefit analysis, man, I think that is such a key

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Speaker 1: thing to to think about in this debate, and it's

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Speaker 1: important to run the numbers. It's important to consider, Okay,

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Speaker 1: what are the costs and what are the benefits associated

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Speaker 1: with with getting this degree? And I think it's just

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Speaker 1: something that a lot of people, maybe it hasn't even

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Speaker 1: entered their brain, hadn't even entered their radar to to

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Speaker 1: do one of those with their kids or for themselves

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Speaker 1: when they're thinking about going back to school, because that

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Speaker 1: can be make or break, that can be the yes

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Speaker 1: or no, that can be the primary factor, right, the

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Speaker 1: actual costs associated with it in making a wise decision. Yeah,

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Speaker 1: it sounds a little heartless on us, right to be like,

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Speaker 1: all right, what's this gonna be worth? You know, like

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Speaker 1: how much of my putting in? How much am I

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Speaker 1: getting out? It's like a mechanism almost because college college

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Speaker 1: feels like hopes and dreams, you know, like it's like

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Speaker 1: I want to achieve this, but even still you have

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Speaker 1: to take this into account. Yeah, exactly. I think there's

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Speaker 1: a balance between finding ways to monetize college, right, like

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Speaker 1: you're actually looking at how much you're gonna be able

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Speaker 1: to make, but like finding a balance between that along

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Speaker 1: with like where do I really want to go to school?

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Speaker 1: Like wherever I had my dreams my hopes would have

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Speaker 1: said on you know, like if you only are thinking

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Speaker 1: about your hopes and dreams, well, shoot, you could end

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Speaker 1: up paying hundreds of thousands of dollars paying out the

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Speaker 1: nose going to you know, one of the ivys or

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Speaker 1: at the other end of the spectrum, if you're only

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Speaker 1: looking at the dollars and cents, well that's not at

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Speaker 1: all enjoyable. It kind of feels like, you know, like

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Speaker 1: I said, kind of heartless. I think there's a balance

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Speaker 1: that we can strike where we are being money conscious,

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Speaker 1: but we're also really excited about the school that we

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Speaker 1: have the opportunity to attend. Yeah, I completely agree. On

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Speaker 1: top of being thoughtful about the the actual specific university

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Speaker 1: we go to, I think it's really important to talk

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Speaker 1: about which degree we choose. All college degrees are not

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Speaker 1: created equal and Matt when we had Christie Shannon, I

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Speaker 1: believe that was episode one eighteen, and Christie mentioned her

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Speaker 1: her brilliant strategy for thinking about which degrees are worth

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Speaker 1: it or not, and she called it a pot score

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Speaker 1: or pot what you know what, whichever you prefer. But

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Speaker 1: it's like pay over tuition. Basically, she's creating like a score,

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Speaker 1: like a ratio in order to gauge the cost of

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Speaker 1: going to school versus what that degree is going to

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Speaker 1: end up paying. Yeah, it's so important to actually be

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Speaker 1: realistic about the potential salary you can earn based on

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Speaker 1: the degree that you're getting and also based on the

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Speaker 1: amount of debt and the amount of time that it's

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Speaker 1: going to take you to get that degree. And I

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Speaker 1: think one of the most interesting things in that particular

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Speaker 1: part of the conversation with Christie She was saying that

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Speaker 1: even like the jobs of doctors and lawyers, they don't

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Speaker 1: really rank highly on the pot score because they cost

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Speaker 1: so much and they take so much time to get

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Speaker 1: those degrees that you're better suited going in other directions

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Speaker 1: in order to kind of maximize your earning potential. That

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Speaker 1: that's not to say that like, if you really want

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Speaker 1: to be a lawyer, you can't do well, but it's

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Speaker 1: just something to keep in mind. And you have to

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Speaker 1: be even more conscious if you choose something like that

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Speaker 1: about the costs and about the debt that you're accruing

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Speaker 1: along the way while you're getting one of those degrees. Yeah,

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Speaker 1: you have to make sure that you're passionate about that, right,

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Speaker 1: because it's not all about the money, because if you

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Speaker 1: are only looking at the dollars and cents, well, that's

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Speaker 1: where the plumber and the electrician. The master electrician pot

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Speaker 1: score is, you know, better than that of a doctor.

430
00:18:49,480 --> 00:18:52,480
Speaker 1: And so if your passion happens to be being an electrician, well,

431
00:18:52,480 --> 00:18:54,639
Speaker 1: guess what, you're probably gonna make a pretty good living.

432
00:18:54,960 --> 00:18:56,680
Speaker 1: You're not gonna have a ton of debt. So that's

433
00:18:56,680 --> 00:18:59,399
Speaker 1: why a surprising number of trades actually score higher on

434
00:18:59,440 --> 00:19:02,320
Speaker 1: the pot score than lawyers and doctors. Another thing to

435
00:19:02,359 --> 00:19:05,359
Speaker 1: consider once you are actually in school is to make

436
00:19:05,400 --> 00:19:08,600
Speaker 1: sure that you don't forget about the extracurriculars. The other

437
00:19:08,640 --> 00:19:11,280
Speaker 1: things that you pursue while you're in college can make

438
00:19:11,359 --> 00:19:14,199
Speaker 1: you stand out in an interview situation and can make

439
00:19:14,200 --> 00:19:17,560
Speaker 1: your college experience incredibly worthwhile. Like my intense bad mitten

440
00:19:17,600 --> 00:19:21,040
Speaker 1: skills totally paid off worth it. I brought that up

441
00:19:21,040 --> 00:19:22,840
Speaker 1: in the interview and they were like, sold, you're hired

442
00:19:23,040 --> 00:19:25,800
Speaker 1: right now. Yeah, so, you know, maybe it wasn't bad mitton.

443
00:19:25,840 --> 00:19:28,240
Speaker 1: But if you were a president of the college association,

444
00:19:28,359 --> 00:19:30,080
Speaker 1: well that's gonna make you stand out. You know. Did

445
00:19:30,080 --> 00:19:32,640
Speaker 1: you take electives that were beneficial to your career path

446
00:19:33,119 --> 00:19:35,240
Speaker 1: or did you just take history of rock and roll,

447
00:19:35,359 --> 00:19:37,600
Speaker 1: which is what I did. And you know what, you

448
00:19:37,640 --> 00:19:39,680
Speaker 1: don't have to do that because there's podcasts for that. Now.

449
00:19:39,760 --> 00:19:41,400
Speaker 1: You can listen to the History of rock and Roll

450
00:19:41,680 --> 00:19:44,159
Speaker 1: in free podcast form. Don't take the class exactly, and

451
00:19:44,200 --> 00:19:46,439
Speaker 1: so and so I enjoyed it, but and maybe oh

452
00:19:46,440 --> 00:19:48,160
Speaker 1: I thought this was just an example. You actually took

453
00:19:48,160 --> 00:19:49,960
Speaker 1: this class? No, no no, yeah, I actually took the History

454
00:19:49,960 --> 00:19:53,760
Speaker 1: of rock and Roll at Georgia and you know, I

455
00:19:53,880 --> 00:19:56,119
Speaker 1: learned a lot and it was really interesting and I

456
00:19:56,119 --> 00:19:58,600
Speaker 1: think it's made me a more well rounded person. But

457
00:19:58,640 --> 00:20:01,320
Speaker 1: how much did that actually further my career or you know,

458
00:20:01,320 --> 00:20:02,840
Speaker 1: at least the career that I've been in the past

459
00:20:02,840 --> 00:20:05,920
Speaker 1: ten years, Like, how has that helped that? Uh? Maybe none,

460
00:20:06,840 --> 00:20:08,560
Speaker 1: but I'm sure it helped out at trivia night, you know,

461
00:20:08,640 --> 00:20:10,119
Speaker 1: here and there just maybe some of that rock and

462
00:20:10,200 --> 00:20:12,440
Speaker 1: roll history. And this isn't to say don't take any

463
00:20:12,440 --> 00:20:14,879
Speaker 1: fun classes at all while you're in school, but make

464
00:20:14,880 --> 00:20:17,600
Speaker 1: sure that you're taking a balanced approach between you know,

465
00:20:17,640 --> 00:20:21,560
Speaker 1: what we'd call maybe personal enrichment courses and courses that

466
00:20:21,600 --> 00:20:23,720
Speaker 1: are going to be more career path options for you.

467
00:20:23,920 --> 00:20:27,919
Speaker 1: Look beyond the bare minimum requirements though to get your degree, right, Like,

468
00:20:27,920 --> 00:20:31,119
Speaker 1: you can't just show up, take the basic classes, barely

469
00:20:31,160 --> 00:20:34,680
Speaker 1: get your degree and expect to graduate from college and

470
00:20:34,760 --> 00:20:37,320
Speaker 1: have a job just completely land in your lap. It

471
00:20:37,400 --> 00:20:39,520
Speaker 1: kind of goes back. It's I mean, it's economics essentially,

472
00:20:39,560 --> 00:20:41,879
Speaker 1: Like more and more folks are taking out loans in

473
00:20:41,960 --> 00:20:44,240
Speaker 1: order to go to school, and so there's this flood

474
00:20:44,320 --> 00:20:47,080
Speaker 1: of college graduates in the job market and that makes

475
00:20:47,119 --> 00:20:50,359
Speaker 1: that degree that much less valuable to folks, which is

476
00:20:50,359 --> 00:20:53,120
Speaker 1: why folks are pursuing even higher levels of education, right,

477
00:20:53,160 --> 00:20:56,240
Speaker 1: like higher degrees. But if you are making the most

478
00:20:56,320 --> 00:20:58,960
Speaker 1: of your college experience with extracurriculars, with the classes that

479
00:20:58,960 --> 00:21:01,320
Speaker 1: you're taking, maybe it's a liner ways to make you

480
00:21:01,359 --> 00:21:03,720
Speaker 1: stand out. Well, that's definitely gonna be a way to

481
00:21:03,760 --> 00:21:06,560
Speaker 1: make college worthwhile. Yeah, I agree. And another way to

482
00:21:06,680 --> 00:21:09,760
Speaker 1: really make yourself stand out on the application front, but

483
00:21:09,840 --> 00:21:12,919
Speaker 1: also help you as you're trying to figure out what

484
00:21:12,960 --> 00:21:14,960
Speaker 1: you want to do while you're in school is to

485
00:21:14,960 --> 00:21:18,080
Speaker 1: pick up relevant part time work or do an internship

486
00:21:18,160 --> 00:21:19,879
Speaker 1: over the summer in an industry that you want to

487
00:21:19,880 --> 00:21:22,199
Speaker 1: be a part of. Not only does that experience give

488
00:21:22,240 --> 00:21:23,840
Speaker 1: you a leg up when you're trying to land that

489
00:21:23,880 --> 00:21:26,920
Speaker 1: first job, right seeing work experience is one of those

490
00:21:26,920 --> 00:21:29,960
Speaker 1: crucial things that employers want. And so many people graduate

491
00:21:30,000 --> 00:21:32,720
Speaker 1: from college without any because they never did an internship

492
00:21:32,760 --> 00:21:34,720
Speaker 1: and never took part time work in the field. But

493
00:21:34,760 --> 00:21:36,280
Speaker 1: if you can do that, you've got a leg up

494
00:21:36,280 --> 00:21:38,879
Speaker 1: on most of the people that you're applying against. But also,

495
00:21:38,920 --> 00:21:40,440
Speaker 1: like I said, it allows you to get a fuel

496
00:21:40,480 --> 00:21:44,199
Speaker 1: for that industry before committing for complete years worth of

497
00:21:44,240 --> 00:21:46,879
Speaker 1: tuition towards that degree. How much better would it be

498
00:21:46,960 --> 00:21:49,080
Speaker 1: to realize that you don't really actually want to be

499
00:21:49,119 --> 00:21:52,320
Speaker 1: an industrial engineer right after just your freshman year because

500
00:21:52,320 --> 00:21:55,720
Speaker 1: you did an internship that summer after versus at the

501
00:21:55,800 --> 00:21:58,679
Speaker 1: end of four years of schooling. That is nice to

502
00:21:58,680 --> 00:22:01,040
Speaker 1: know ahead of time. And I know, Matt, for me

503
00:22:01,200 --> 00:22:04,320
Speaker 1: that my internship, I I credit my internship with so

504
00:22:04,400 --> 00:22:07,280
Speaker 1: much in where I'm at in my career. Literally, the

505
00:22:07,280 --> 00:22:09,399
Speaker 1: place where I interned is the place I still work

506
00:22:09,720 --> 00:22:12,400
Speaker 1: thirteen years later. You're a lifer, yeah, yeah, yeah, I've

507
00:22:12,400 --> 00:22:14,359
Speaker 1: been there a long long time now. And the gold

508
00:22:14,359 --> 00:22:17,240
Speaker 1: Watch yeah yeah. Well, and a lot of the skills,

509
00:22:17,400 --> 00:22:19,840
Speaker 1: like I said that I learned that that were necessary

510
00:22:19,880 --> 00:22:21,560
Speaker 1: I learned in the internship. And if I had just

511
00:22:21,800 --> 00:22:24,639
Speaker 1: graduated with a degree, without that history with the company

512
00:22:24,760 --> 00:22:27,520
Speaker 1: and without the skills I picked up during that internship, man,

513
00:22:27,520 --> 00:22:29,280
Speaker 1: I would have been a flop in the job market.

514
00:22:29,320 --> 00:22:31,560
Speaker 1: I really think. I mean that was that was crucial

515
00:22:31,640 --> 00:22:33,639
Speaker 1: for me, and it was completely unpaid. It's not like

516
00:22:33,680 --> 00:22:36,080
Speaker 1: I made any money, but it was still like the

517
00:22:36,119 --> 00:22:38,320
Speaker 1: most valuable thing I've ever done. Yeah, that's one thing

518
00:22:38,320 --> 00:22:40,719
Speaker 1: I'll credit certain tech schools with I went to U

519
00:22:40,720 --> 00:22:42,479
Speaker 1: g A, and so I don't want to credit Georgia

520
00:22:42,520 --> 00:22:46,080
Speaker 1: Tech with anything basically except for being bad football exactly.

521
00:22:46,520 --> 00:22:49,960
Speaker 1: But they their internship programs, like in Georgia Tech and

522
00:22:50,000 --> 00:22:52,679
Speaker 1: just the different technical schools like like Clemson. I know,

523
00:22:53,000 --> 00:22:54,679
Speaker 1: when you can go to school for a semester and

524
00:22:54,720 --> 00:22:57,200
Speaker 1: then intern for a semester. They've got that system where

525
00:22:57,200 --> 00:22:59,280
Speaker 1: you kind of bounced back and forth. That is so

526
00:22:59,400 --> 00:23:02,000
Speaker 1: stink and art man. I think that's just brilliant because

527
00:23:02,119 --> 00:23:04,360
Speaker 1: for all the reasons you said, it just gives students

528
00:23:04,560 --> 00:23:07,720
Speaker 1: an incredible wealth of knowledge and experience in the actual

529
00:23:07,760 --> 00:23:10,920
Speaker 1: field before graduating and before kind of being thrown out

530
00:23:11,040 --> 00:23:14,040
Speaker 1: into the wild, you know, expected to land yourself a job.

531
00:23:14,359 --> 00:23:16,399
Speaker 1: But Joe, I need to admit, while you had an

532
00:23:16,440 --> 00:23:19,880
Speaker 1: amazing internship experience right where you you know, you got

533
00:23:19,880 --> 00:23:21,919
Speaker 1: an internship and that landed you the job you know

534
00:23:21,960 --> 00:23:23,480
Speaker 1: that you've been at for the more than the past

535
00:23:23,520 --> 00:23:27,440
Speaker 1: ten years. I didn't intern and instead I did fun

536
00:23:27,520 --> 00:23:30,480
Speaker 1: things like work at summer camps up in the woods

537
00:23:30,480 --> 00:23:32,440
Speaker 1: of North Carolina. Because that was awesome at the time.

538
00:23:32,760 --> 00:23:35,000
Speaker 1: And here's the thing, I don't regret that at all. Well,

539
00:23:35,000 --> 00:23:38,479
Speaker 1: that's honestly, that's good stuff just for building yourself right

540
00:23:38,520 --> 00:23:41,400
Speaker 1: as you're pouring into other people, your your self enrichment

541
00:23:41,400 --> 00:23:43,679
Speaker 1: that we're kind of talking about earlier. If that stuff

542
00:23:43,720 --> 00:23:46,480
Speaker 1: is honestly is is just as good in so many ways.

543
00:23:46,520 --> 00:23:49,520
Speaker 1: On a resume as an internship. I'm saying it's probably

544
00:23:49,560 --> 00:23:51,359
Speaker 1: good idea to do both. Yeah, Well, that that's what

545
00:23:51,400 --> 00:23:53,600
Speaker 1: I was gonna say, is that having that balance, I

546
00:23:53,640 --> 00:23:56,720
Speaker 1: think is incredibly important. While yeah, there's a lot that

547
00:23:56,760 --> 00:23:59,359
Speaker 1: I learned. There's a lot of self enrichments from you know,

548
00:23:59,400 --> 00:24:01,960
Speaker 1: being at this awesome you know boys outdoor summer camp.

549
00:24:02,240 --> 00:24:03,840
Speaker 1: There's a lot that you learned, you know, if when

550
00:24:03,880 --> 00:24:05,800
Speaker 1: it comes to leadership and just like life skills and

551
00:24:05,800 --> 00:24:08,159
Speaker 1: like survival skills being in the woods, like backpacking with

552
00:24:08,240 --> 00:24:12,200
Speaker 1: these third graders, but taking a more balanced approach because

553
00:24:12,200 --> 00:24:13,919
Speaker 1: I got to the end of my senior year and man,

554
00:24:13,960 --> 00:24:15,960
Speaker 1: I didn't really have a plan. Whereas my roommate he

555
00:24:16,040 --> 00:24:18,919
Speaker 1: had interned that I think the previous two summers, uh,

556
00:24:19,160 --> 00:24:22,520
Speaker 1: both times in New York within the advertising industry, and

557
00:24:22,560 --> 00:24:24,920
Speaker 1: guess what, man, he had a job lined up ready

558
00:24:24,920 --> 00:24:26,800
Speaker 1: to go, and I remember thinking, crap, I'm just gonna

559
00:24:26,800 --> 00:24:28,919
Speaker 1: go back up to North Carolina for another summer and

560
00:24:29,040 --> 00:24:31,840
Speaker 1: have a blast. But after that, I've got no clue

561
00:24:32,080 --> 00:24:34,440
Speaker 1: what I'm gonna be doing. And so, like so many

562
00:24:34,440 --> 00:24:35,840
Speaker 1: things in life, and like so many things we say

563
00:24:35,880 --> 00:24:38,840
Speaker 1: on this podcast, I think taking a balanced approach to

564
00:24:38,880 --> 00:24:41,520
Speaker 1: that is the most important thing to do. On that note,

565
00:24:41,560 --> 00:24:43,560
Speaker 1: by the way, if you're looking for kind of some guidance,

566
00:24:43,800 --> 00:24:45,160
Speaker 1: if you're not sure what it is that you want

567
00:24:45,160 --> 00:24:47,439
Speaker 1: to do, if if you're lacking a little bit of direction,

568
00:24:47,480 --> 00:24:50,200
Speaker 1: I think he can be helpful to to meet with professors,

569
00:24:50,400 --> 00:24:52,640
Speaker 1: to actually go to their office during office hours. How

570
00:24:52,640 --> 00:24:55,480
Speaker 1: many students completely disregard that they don't even think about

571
00:24:55,480 --> 00:24:58,119
Speaker 1: going to see a professor to ask some questions. And

572
00:24:58,160 --> 00:25:00,760
Speaker 1: sometimes you can get hooked up with so many different

573
00:25:00,760 --> 00:25:03,520
Speaker 1: things and that can be such an enriching experience, not

574
00:25:03,560 --> 00:25:07,320
Speaker 1: only relationship building, but they have access to internships, jobs,

575
00:25:07,600 --> 00:25:10,000
Speaker 1: so many different things on campus that could be beneficial

576
00:25:10,040 --> 00:25:12,760
Speaker 1: to you in in growing your resume and growing your

577
00:25:12,880 --> 00:25:16,000
Speaker 1: possible future career. So yeah, meeting with professors that you

578
00:25:16,040 --> 00:25:17,920
Speaker 1: feel connected to, that you feel like can be really

579
00:25:17,920 --> 00:25:20,760
Speaker 1: helpful in that process. And also, don't forget to visit

580
00:25:20,800 --> 00:25:24,639
Speaker 1: your college's career services department, and don't wait until your

581
00:25:24,640 --> 00:25:27,880
Speaker 1: senior year. Be thinking about your future employment while you're

582
00:25:27,880 --> 00:25:30,360
Speaker 1: in the process of getting your degree. And if your

583
00:25:30,359 --> 00:25:33,119
Speaker 1: college has a career services department, that can be so

584
00:25:33,280 --> 00:25:37,320
Speaker 1: helpful in helping you to assess potential possibilities. And Joel,

585
00:25:37,359 --> 00:25:39,479
Speaker 1: so you just mentioned senior year. Now imagine you're kind

586
00:25:39,480 --> 00:25:43,119
Speaker 1: of in that final semester you're looking towards job opportunities, right,

587
00:25:43,400 --> 00:25:46,080
Speaker 1: Be careful though, of that first job that you take

588
00:25:46,160 --> 00:25:51,159
Speaker 1: after graduation. Oftentimes your most recent job experience right out

589
00:25:51,200 --> 00:25:53,960
Speaker 1: of school, that can be defining and it can hurt

590
00:25:54,040 --> 00:25:58,119
Speaker 1: job opportunities moving forward. More than graduates take a job

591
00:25:58,160 --> 00:26:01,320
Speaker 1: that doesn't require a degree, and one in five of

592
00:26:01,320 --> 00:26:04,240
Speaker 1: those are still in that boat ten years later, you know,

593
00:26:04,320 --> 00:26:06,320
Speaker 1: And maybe you love your job, and so you don't

594
00:26:06,320 --> 00:26:08,679
Speaker 1: have any plans to leave that job even if it

595
00:26:08,720 --> 00:26:11,159
Speaker 1: didn't require a degree. But just be aware that a

596
00:26:11,160 --> 00:26:13,000
Speaker 1: lot of times that first job that can sort of

597
00:26:13,000 --> 00:26:15,400
Speaker 1: set the course of your career. Yeah, man, And and

598
00:26:15,560 --> 00:26:18,800
Speaker 1: it's not even just in regards to pay, it's in

599
00:26:18,840 --> 00:26:21,119
Speaker 1: regards to what you want to do. And so my

600
00:26:21,160 --> 00:26:24,440
Speaker 1: first job out of school was for another radio station

601
00:26:24,480 --> 00:26:26,080
Speaker 1: down the street that I worked at for a while,

602
00:26:26,280 --> 00:26:28,359
Speaker 1: and to be honest, it was part time and it

603
00:26:28,400 --> 00:26:30,600
Speaker 1: wasn't for very much money. But I was like, this

604
00:26:30,680 --> 00:26:33,080
Speaker 1: is what I want to do that. Yeah, I have

605
00:26:33,160 --> 00:26:34,840
Speaker 1: to get my foot in the door. Do it. Within

606
00:26:34,880 --> 00:26:38,720
Speaker 1: two weeks, the morning show radio producer quit and I

607
00:26:38,760 --> 00:26:40,680
Speaker 1: was this green, like twenty one year old kid, and

608
00:26:40,720 --> 00:26:42,600
Speaker 1: I was like, I can do it. I'll do it.

609
00:26:43,760 --> 00:26:46,000
Speaker 1: And I probably did a terrible job, but I learned

610
00:26:46,119 --> 00:26:50,320
Speaker 1: so much and I still got paid very little, but man,

611
00:26:50,400 --> 00:26:52,280
Speaker 1: it was like this perfect thing to have on my resume.

612
00:26:52,400 --> 00:26:54,840
Speaker 1: It was this perfect growth opportunity. And I could have

613
00:26:54,880 --> 00:26:57,600
Speaker 1: settled for something that made me more money in a

614
00:26:57,640 --> 00:27:00,480
Speaker 1: field that I just didn't care about, or that still

615
00:27:00,600 --> 00:27:02,560
Speaker 1: used my degree, but it wasn't what I wanted to do.

616
00:27:02,880 --> 00:27:05,720
Speaker 1: But that first step was so important and it doesn't

617
00:27:05,720 --> 00:27:07,359
Speaker 1: take long. Man. Sometimes you gotta pay your dues and

618
00:27:07,359 --> 00:27:08,800
Speaker 1: it's kind of and you might have to spend a

619
00:27:08,880 --> 00:27:10,920
Speaker 1: year or two kind of work in that morning show

620
00:27:10,920 --> 00:27:14,240
Speaker 1: shift that sucks and completely ruins your your sleep habits.

621
00:27:14,760 --> 00:27:16,720
Speaker 1: You might have to do something like that in order

622
00:27:16,760 --> 00:27:18,560
Speaker 1: to kind of get where you want to go. And

623
00:27:18,760 --> 00:27:20,520
Speaker 1: for for me, it was totally worth it. What time

624
00:27:20,520 --> 00:27:22,720
Speaker 1: did you have to get up for for that show? Gosh,

625
00:27:22,800 --> 00:27:24,920
Speaker 1: so it was the show was on from five to eight,

626
00:27:25,040 --> 00:27:27,760
Speaker 1: but I had to be there at like three fifteen.

627
00:27:27,880 --> 00:27:31,080
Speaker 1: So yeah, yeah, I probably would have been fired because

628
00:27:31,080 --> 00:27:32,960
Speaker 1: I would have rolled in at like four or five,

629
00:27:33,520 --> 00:27:35,320
Speaker 1: thinking I was there earlier. But it's like no, man,

630
00:27:35,600 --> 00:27:39,000
Speaker 1: like the show started, yeah, yeah, yeah, and you're fired. Yeah,

631
00:27:39,280 --> 00:27:42,360
Speaker 1: so early. And you know we mentioned advanced degrees, right,

632
00:27:42,720 --> 00:27:45,359
Speaker 1: but here's the thing, they are even a bigger gamble.

633
00:27:45,480 --> 00:27:48,280
Speaker 1: Pursuing an m b A. Getting your masters or doctorate

634
00:27:48,359 --> 00:27:51,720
Speaker 1: can be expensive and often it doesn't result and that

635
00:27:51,800 --> 00:27:54,960
Speaker 1: higher salary that you hoped it would. Obviously, you're likely

636
00:27:55,000 --> 00:27:57,480
Speaker 1: to see that bumping salary if you're getting your m

637
00:27:57,600 --> 00:28:00,000
Speaker 1: d or you know, your j D going to law school.

638
00:28:00,359 --> 00:28:02,200
Speaker 1: But for the rest of the advanced degrees out there,

639
00:28:02,280 --> 00:28:05,440
Speaker 1: make sure and know that you'll be making more. If not,

640
00:28:05,720 --> 00:28:08,760
Speaker 1: and you still want that degree, just accept the fact

641
00:28:08,880 --> 00:28:11,359
Speaker 1: that you're going to get that degree for yourself. It

642
00:28:11,440 --> 00:28:13,879
Speaker 1: might be worth it to you, right, but it's not

643
00:28:13,920 --> 00:28:16,760
Speaker 1: gonna be worth it from a dollars and cents standpoint. Yeah,

644
00:28:16,800 --> 00:28:19,000
Speaker 1: And that is a difficult thing to weigh. Right. If

645
00:28:19,000 --> 00:28:20,840
Speaker 1: you know you're taking on a lot of student loan

646
00:28:20,920 --> 00:28:22,960
Speaker 1: debt and you're gonna have to be paying on that

647
00:28:23,400 --> 00:28:26,480
Speaker 1: for for quite a long while, then how do you

648
00:28:26,520 --> 00:28:29,159
Speaker 1: justify the value proposition if it's something you're doing for

649
00:28:29,240 --> 00:28:31,439
Speaker 1: personal enrichment and that is something that you kind of

650
00:28:31,480 --> 00:28:33,480
Speaker 1: have to figure out for yourself. I mean, really, we're

651
00:28:33,560 --> 00:28:36,159
Speaker 1: kind of talking more about the nuts and bolts of

652
00:28:36,200 --> 00:28:38,280
Speaker 1: spending money to make money when it comes to college.

653
00:28:38,440 --> 00:28:40,560
Speaker 1: But there are certainly some people who decided to go

654
00:28:40,600 --> 00:28:43,760
Speaker 1: back and get a degree because it's really really meaningful

655
00:28:43,800 --> 00:28:45,880
Speaker 1: to them, and that I completely understand. But in that

656
00:28:45,960 --> 00:28:48,280
Speaker 1: vein mat I would also tell people to to think

657
00:28:48,280 --> 00:28:52,320
Speaker 1: about investing in themselves through some awesome free avenues out there.

658
00:28:52,560 --> 00:28:55,640
Speaker 1: It doesn't always take going back and paying to get

659
00:28:55,720 --> 00:28:59,080
Speaker 1: a forty or fifty education. There's so many ways that

660
00:28:59,120 --> 00:29:01,240
Speaker 1: if you're just doing it for personal enrichment, that you

661
00:29:01,240 --> 00:29:03,960
Speaker 1: can get access to that information elsewhere and avoid the

662
00:29:03,960 --> 00:29:06,400
Speaker 1: fty price tag. Yeah, Juel, you may not have you

663
00:29:06,400 --> 00:29:09,280
Speaker 1: know those letters by your name by taking courses online,

664
00:29:09,760 --> 00:29:11,959
Speaker 1: some courses online for free, but a lot of times

665
00:29:12,040 --> 00:29:14,760
Speaker 1: you will have the you know, those gained skills like

666
00:29:14,800 --> 00:29:18,040
Speaker 1: the increased skill set for free by taking classes online.

667
00:29:18,080 --> 00:29:19,760
Speaker 1: I just made up my own letters and put them

668
00:29:19,760 --> 00:29:20,960
Speaker 1: next to my name, and people are like, oh, like

669
00:29:21,120 --> 00:29:24,280
Speaker 1: I must be smart. It works out really well. How

670
00:29:24,280 --> 00:29:28,120
Speaker 1: do money, jewel ABC? It's like, well that those are

671
00:29:28,120 --> 00:29:31,440
Speaker 1: the first three letters I thought of X Y if

672
00:29:31,440 --> 00:29:34,400
Speaker 1: I'm down. Something I am excited that we're gonna discuss

673
00:29:34,440 --> 00:29:38,400
Speaker 1: too is whether or not a degree is necessary for entrepreneurship.

674
00:29:38,480 --> 00:29:40,320
Speaker 1: And we're gonna get to that right after the break.

675
00:29:49,840 --> 00:29:51,520
Speaker 1: All right, Matt, we're back and we're gonna talk about

676
00:29:51,600 --> 00:29:54,040
Speaker 1: entrepreneurship here in just a second. Do folks that want

677
00:29:54,040 --> 00:29:57,000
Speaker 1: to be entrepreneurs need a degree? That's a really good question.

678
00:29:57,160 --> 00:30:00,000
Speaker 1: But first, Matt, let's talk about the intangible benefits of college.

679
00:30:00,280 --> 00:30:02,040
Speaker 1: I think it's it's something that we know deep down

680
00:30:02,040 --> 00:30:04,760
Speaker 1: in our head that the college experience wasn't all about

681
00:30:04,840 --> 00:30:07,080
Speaker 1: the degree. It was about the friendships we made. It

682
00:30:07,080 --> 00:30:09,560
Speaker 1: was about all these other intangible things that are kind

683
00:30:09,560 --> 00:30:12,200
Speaker 1: of hard to put your finger on, especially when we're

684
00:30:12,240 --> 00:30:15,360
Speaker 1: talking about a cost benefit analysis. Right, These benefits that

685
00:30:15,480 --> 00:30:17,440
Speaker 1: it's it's really hard to put on paper. It's really

686
00:30:17,480 --> 00:30:21,760
Speaker 1: hard to assign a dollar amount of value with are

687
00:30:21,800 --> 00:30:26,040
Speaker 1: are still beneficial are still really important in your college experience, right, So,

688
00:30:26,040 --> 00:30:28,360
Speaker 1: so one is the connections that you end up making,

689
00:30:28,760 --> 00:30:30,400
Speaker 1: the friends in the network that you make while you're

690
00:30:30,400 --> 00:30:32,680
Speaker 1: in school, Well, they're not only fun. You're not only

691
00:30:32,720 --> 00:30:37,080
Speaker 1: creating lifelong friendships from your college experience, but those connections

692
00:30:37,080 --> 00:30:40,840
Speaker 1: can have employment ramifications immediately after school and then further

693
00:30:40,880 --> 00:30:42,640
Speaker 1: down the road in life. And in my mind, man,

694
00:30:42,680 --> 00:30:45,240
Speaker 1: I feel like that's the number one intangible of college.

695
00:30:45,320 --> 00:30:47,880
Speaker 1: As you grow your friend group in school, you're also

696
00:30:47,960 --> 00:30:50,760
Speaker 1: kind of creating your first network really of folks that

697
00:30:50,760 --> 00:30:52,600
Speaker 1: you might reach out to later on or that might

698
00:30:52,640 --> 00:30:54,760
Speaker 1: reach out to you. It's funny. I work with a

699
00:30:54,760 --> 00:30:56,760
Speaker 1: couple of people that I went to college with actually

700
00:30:56,760 --> 00:30:59,080
Speaker 1: at the station that we're getting the degree. At the

701
00:30:59,120 --> 00:31:01,120
Speaker 1: same time, I was these are friendships to kind of

702
00:31:01,160 --> 00:31:03,200
Speaker 1: stick with you. There are people that you're gonna see

703
00:31:03,320 --> 00:31:06,160
Speaker 1: throughout your career as you work in the same field.

704
00:31:06,440 --> 00:31:09,320
Speaker 1: And those are just meaningful, important relationships that are forming.

705
00:31:09,440 --> 00:31:11,640
Speaker 1: And if you don't go to college, you don't get that. Yeah,

706
00:31:11,680 --> 00:31:13,400
Speaker 1: and you know that that's one of the things that

707
00:31:13,480 --> 00:31:16,640
Speaker 1: colleges often tout right, like they're always talking about the

708
00:31:16,640 --> 00:31:20,520
Speaker 1: alumni network. I'm constantly getting things from Georgia basically trying

709
00:31:20,560 --> 00:31:23,560
Speaker 1: to get everyone to stay connected. And it's so true,

710
00:31:23,640 --> 00:31:26,800
Speaker 1: right like, even from an entrepreneur standpoint, not a job opportunity,

711
00:31:26,840 --> 00:31:28,520
Speaker 1: but as the business owner man, so many of the

712
00:31:28,600 --> 00:31:31,400
Speaker 1: initial jobs that we received were because of the friendships

713
00:31:31,400 --> 00:31:33,920
Speaker 1: that we had made, right, these connections, And so it

714
00:31:34,000 --> 00:31:36,520
Speaker 1: doesn't just apply to you know, the corporate world where

715
00:31:36,520 --> 00:31:38,600
Speaker 1: you're looking, you know, for someone to make an introduction

716
00:31:38,640 --> 00:31:40,680
Speaker 1: to their boss, you know, for a position that's opening up,

717
00:31:40,800 --> 00:31:42,520
Speaker 1: but it also applies to you if you're gonna hang

718
00:31:42,560 --> 00:31:44,840
Speaker 1: your own shingle, they might actually hire you because of

719
00:31:44,840 --> 00:31:48,960
Speaker 1: those relationships, and that obviously is incredibly valuable. Yeah, another

720
00:31:49,040 --> 00:31:51,840
Speaker 1: kind of intangible benefit of going to college is the

721
00:31:51,840 --> 00:31:56,080
Speaker 1: secondary skills that you learn. College can teach you interpersonal skills,

722
00:31:56,320 --> 00:31:58,600
Speaker 1: it can teach you work ethic, and it can teach

723
00:31:58,600 --> 00:32:00,000
Speaker 1: you how to wake up early. I don't know about you,

724
00:32:00,040 --> 00:32:02,280
Speaker 1: mat those A A M classes they were a pain.

725
00:32:02,360 --> 00:32:05,200
Speaker 1: Were they're prepping you for that four am wake up call? Uh?

726
00:32:05,280 --> 00:32:07,720
Speaker 1: They didn't quite prep me for that. It took a

727
00:32:07,720 --> 00:32:10,440
Speaker 1: lot of just inner strength really to get me through that.

728
00:32:10,520 --> 00:32:12,360
Speaker 1: But seriously, what time are you going to bed in

729
00:32:12,440 --> 00:32:14,200
Speaker 1: order to get up at three in the morning. Oh man,

730
00:32:14,320 --> 00:32:16,280
Speaker 1: it was terrible. I would try to go go to

731
00:32:16,320 --> 00:32:18,880
Speaker 1: bed at ten uh and and wake up at at

732
00:32:19,160 --> 00:32:22,320
Speaker 1: like two, but still like five hours of terrible. I

733
00:32:22,360 --> 00:32:23,800
Speaker 1: would have to take a nap every day, a couple

734
00:32:23,840 --> 00:32:26,360
Speaker 1: hour nap every afternoon. It was just the worst schedule

735
00:32:26,400 --> 00:32:28,600
Speaker 1: for your health. Man, It's it's not healthy. I felt

736
00:32:28,600 --> 00:32:31,000
Speaker 1: like a zombie most of the time. But but those

737
00:32:31,000 --> 00:32:34,480
Speaker 1: secondary skills, man, I feel like those expand your horizons

738
00:32:34,480 --> 00:32:36,680
Speaker 1: and they can help teach you how to learn, which

739
00:32:36,720 --> 00:32:39,120
Speaker 1: is such a crucial skill for future growth. We do

740
00:32:39,240 --> 00:32:41,400
Speaker 1: learn how to learn as kids and teenagers, but it's

741
00:32:41,400 --> 00:32:43,640
Speaker 1: a lot different when you're without your parents, without your

742
00:32:43,680 --> 00:32:46,160
Speaker 1: high school teachers who are getting after you to study

743
00:32:46,160 --> 00:32:48,440
Speaker 1: and do well. When you're in college, you're in a

744
00:32:48,560 --> 00:32:52,480
Speaker 1: hundred person lecture hall, you quickly learn whether your motivations

745
00:32:52,480 --> 00:32:55,560
Speaker 1: have been internalized or whether they're purely external. And so

746
00:32:55,600 --> 00:32:57,320
Speaker 1: I think, Matt, you're kind of putting yourself to the

747
00:32:57,320 --> 00:33:00,160
Speaker 1: test in college in this way, and not that not

748
00:33:00,240 --> 00:33:02,280
Speaker 1: be doing the same thing if you skip college and

749
00:33:02,280 --> 00:33:04,760
Speaker 1: you go straight into kind of a forty hour work week.

750
00:33:05,080 --> 00:33:08,280
Speaker 1: But there's this element where you are able to develop

751
00:33:08,360 --> 00:33:11,840
Speaker 1: these these secondary skills as you're going to school, not

752
00:33:11,920 --> 00:33:14,680
Speaker 1: just the primary reason you're going of of of learning,

753
00:33:14,960 --> 00:33:17,320
Speaker 1: of getting a degree, but it's those secondary things that

754
00:33:17,320 --> 00:33:18,719
Speaker 1: that are kind of growing you as a person at

755
00:33:18,720 --> 00:33:20,880
Speaker 1: the same time. And let's not forget to mention that

756
00:33:20,920 --> 00:33:25,000
Speaker 1: college it's fun, right, Like fun is a terrible reason

757
00:33:25,040 --> 00:33:27,959
Speaker 1: to take on just a boatload of debt, but that

758
00:33:28,040 --> 00:33:31,280
Speaker 1: college experienced. Man, This college years are so memorable, right,

759
00:33:31,640 --> 00:33:34,640
Speaker 1: But something to consider though, is like a gap year

760
00:33:34,840 --> 00:33:37,720
Speaker 1: spent traveling and working abroad that could give you something

761
00:33:37,920 --> 00:33:41,640
Speaker 1: really similar or maybe even better. But Matt, I completely

762
00:33:42,000 --> 00:33:44,640
Speaker 1: resonate with this note. College was so much fun. I

763
00:33:44,640 --> 00:33:46,400
Speaker 1: feel like I was always going out on the weekend

764
00:33:46,480 --> 00:33:48,960
Speaker 1: with some friends to go for a hike, or play

765
00:33:49,000 --> 00:33:51,720
Speaker 1: some really really crappy golf course, or play some disc golf,

766
00:33:51,840 --> 00:33:53,640
Speaker 1: or just the ridiculous stuff that you do, you know,

767
00:33:53,680 --> 00:33:57,840
Speaker 1: between classes. Completely like, I'm looking back now and I think, man,

768
00:33:57,920 --> 00:34:00,800
Speaker 1: life was so easy back then. Once you get into

769
00:34:00,800 --> 00:34:02,880
Speaker 1: the real world and you have responsibilities in a job

770
00:34:02,960 --> 00:34:05,120
Speaker 1: where you're waking up at two forty five on the

771
00:34:05,120 --> 00:34:07,200
Speaker 1: morning to go to work, you think, man, I was

772
00:34:07,520 --> 00:34:10,680
Speaker 1: such a wuss for thinking in eight am class was early, right,

773
00:34:10,719 --> 00:34:12,399
Speaker 1: because that's the boat I was in. Man, I didn't

774
00:34:12,400 --> 00:34:14,880
Speaker 1: sign up for any eight am classes after my freshman

775
00:34:14,960 --> 00:34:17,239
Speaker 1: year because I had such a difficult, such a hard

776
00:34:17,280 --> 00:34:20,360
Speaker 1: time getting to them, so spoiled. But a lot of

777
00:34:20,400 --> 00:34:23,120
Speaker 1: that has to do with the fun experiences that you

778
00:34:23,120 --> 00:34:24,560
Speaker 1: do have, and so I don't want to discount those

779
00:34:24,560 --> 00:34:26,799
Speaker 1: countless hours of of having a blast, all right. Best

780
00:34:26,840 --> 00:34:29,120
Speaker 1: example for me of having fun in college with my

781
00:34:29,280 --> 00:34:33,120
Speaker 1: with my friends was one time it's snowed on campus.

782
00:34:33,520 --> 00:34:36,040
Speaker 1: My buddy Travis had a pair of skis. So what

783
00:34:36,080 --> 00:34:39,280
Speaker 1: we did was we had a fifty ft electrical cord.

784
00:34:39,520 --> 00:34:41,560
Speaker 1: We slammed one end in the back of my trunk,

785
00:34:41,920 --> 00:34:44,759
Speaker 1: we held the other end, put the skis on, and

786
00:34:44,800 --> 00:34:47,480
Speaker 1: we drove my old school Toyota Cameray all the roads

787
00:34:47,520 --> 00:34:50,880
Speaker 1: around campus and we did skiing at like and it

788
00:34:50,920 --> 00:34:52,680
Speaker 1: was it was so much fun. It's that kind of

789
00:34:52,680 --> 00:34:55,120
Speaker 1: stuff that like only happens in college, that kind of

790
00:34:55,120 --> 00:34:59,080
Speaker 1: like ridiculous stupid creativity. Yeah, man, I would have been

791
00:34:59,200 --> 00:35:00,759
Speaker 1: right there with you if I was at the same

792
00:35:00,800 --> 00:35:03,080
Speaker 1: school as you, and I've got a similar story. Actually,

793
00:35:03,239 --> 00:35:05,920
Speaker 1: I think it's maybe unfortunate that both of our memorable

794
00:35:05,960 --> 00:35:09,040
Speaker 1: stories have to do with an automobile mixed with something

795
00:35:09,080 --> 00:35:11,120
Speaker 1: that should not be associated with an automobile. Do we

796
00:35:11,160 --> 00:35:13,799
Speaker 1: need to insert a disclaimer here? Yeah, I used to

797
00:35:13,800 --> 00:35:16,719
Speaker 1: do this thing again, going back to the early classes.

798
00:35:16,800 --> 00:35:19,440
Speaker 1: I would sleep right up until like a couple of

799
00:35:19,440 --> 00:35:21,879
Speaker 1: minutes before my class would start. And I lived really

800
00:35:21,880 --> 00:35:24,880
Speaker 1: close to campus, and I lived up hill from campus,

801
00:35:24,920 --> 00:35:27,239
Speaker 1: and so what I could do is literally roll out

802
00:35:27,239 --> 00:35:30,000
Speaker 1: of bed, throwing our shirt, grab my bag, stumble outside,

803
00:35:30,040 --> 00:35:32,600
Speaker 1: half asleep, get on my bike, and start peddling in

804
00:35:32,600 --> 00:35:35,560
Speaker 1: the direction that I know I needed to go. But

805
00:35:35,760 --> 00:35:37,719
Speaker 1: so what I learned was that my roommate he was

806
00:35:37,760 --> 00:35:40,359
Speaker 1: also going to class at the same time, but he

807
00:35:40,400 --> 00:35:42,719
Speaker 1: had to drive because he had a class, you know,

808
00:35:42,760 --> 00:35:44,879
Speaker 1: on the complete other side of campus. It just worked

809
00:35:44,880 --> 00:35:47,000
Speaker 1: out better for him, and we got into the habit

810
00:35:47,040 --> 00:35:48,680
Speaker 1: of doing this thing where I would ask him for

811
00:35:48,719 --> 00:35:51,440
Speaker 1: what I would call a toe, and he would roll

812
00:35:51,480 --> 00:35:54,080
Speaker 1: down the passengers side window in his car and I

813
00:35:54,120 --> 00:35:55,799
Speaker 1: would grab onto the side of his car and he

814
00:35:55,800 --> 00:35:58,759
Speaker 1: would take off and we would go zooming down the

815
00:35:58,800 --> 00:36:01,680
Speaker 1: hill and we would hit thirty miles per hour, and

816
00:36:01,719 --> 00:36:03,400
Speaker 1: that momentum would pretty much take me all the way

817
00:36:03,440 --> 00:36:05,400
Speaker 1: to the student learning center without having a pedal, So

818
00:36:05,600 --> 00:36:07,640
Speaker 1: that will also wake you up really quick, right, yes,

819
00:36:07,719 --> 00:36:10,240
Speaker 1: and get the journaline flowing. I would show up at class,

820
00:36:10,280 --> 00:36:12,000
Speaker 1: you know, with that one blown Look. It was great

821
00:36:12,120 --> 00:36:14,200
Speaker 1: Now that we're in our mid thirties, were so much wise,

822
00:36:14,239 --> 00:36:16,160
Speaker 1: But we would never do something stupid like that, or

823
00:36:16,200 --> 00:36:18,120
Speaker 1: would we? Man? Back then, I wasn't even wearing a

824
00:36:18,160 --> 00:36:21,200
Speaker 1: helmet either like that. That's another thing that was so dumb. Yeah. Man,

825
00:36:21,239 --> 00:36:23,040
Speaker 1: that's the thing when you're in your like late teens,

826
00:36:23,080 --> 00:36:25,440
Speaker 1: early twenties, like you just make a lot of stupid decisions.

827
00:36:25,440 --> 00:36:27,239
Speaker 1: And those were a couple of ours. But you know

828
00:36:27,280 --> 00:36:30,399
Speaker 1: what good memories we made it through. Yeah yeah, all right, Matt,

829
00:36:30,480 --> 00:36:33,560
Speaker 1: let's talk about win college doesn't make sense. I think

830
00:36:33,560 --> 00:36:35,400
Speaker 1: it barely made sense for us based on the stories

831
00:36:35,400 --> 00:36:37,520
Speaker 1: that we just felt him right, right, But I think

832
00:36:37,640 --> 00:36:40,440
Speaker 1: it must be said if you're Bill Gates or your

833
00:36:40,440 --> 00:36:43,120
Speaker 1: Steve Jobs, that in college doesn't make sense for you

834
00:36:43,280 --> 00:36:46,400
Speaker 1: for sure, Right, just keep tinkering in your parents garage

835
00:36:46,480 --> 00:36:48,719
Speaker 1: whatever it is. But for real, most people aren't going

836
00:36:48,760 --> 00:36:51,000
Speaker 1: to be Bill Gates or Steve Jobs. You're not going

837
00:36:51,080 --> 00:36:54,000
Speaker 1: to start the next behemoth tech company. But there are

838
00:36:54,360 --> 00:36:57,880
Speaker 1: some reasons to bypass a college degree, and let's talk

839
00:36:57,920 --> 00:37:00,239
Speaker 1: about those now, Matt. One is if you really want

840
00:37:00,280 --> 00:37:03,520
Speaker 1: to pursue entrepreneurship in particular, I think it makes a

841
00:37:03,520 --> 00:37:05,440
Speaker 1: whole lot of sense if you take a gap year

842
00:37:05,719 --> 00:37:08,080
Speaker 1: and you give yourself a little bit of an opportunity

843
00:37:08,400 --> 00:37:11,640
Speaker 1: to see where that year takes you before you decide

844
00:37:11,680 --> 00:37:14,799
Speaker 1: to enroll in higher education. So if you're taking that

845
00:37:14,880 --> 00:37:17,480
Speaker 1: year after school and you're using it as an ability

846
00:37:17,520 --> 00:37:20,359
Speaker 1: to kind of let your creative mind flow and give

847
00:37:20,400 --> 00:37:23,000
Speaker 1: yourself an opportunity to start something, I think that can

848
00:37:23,040 --> 00:37:26,040
Speaker 1: be a really interesting way to at least see whether

849
00:37:26,200 --> 00:37:29,520
Speaker 1: entrepreneurship is a better idea for you than going to school.

850
00:37:29,840 --> 00:37:32,120
Speaker 1: I completely agree and resonate with that. Right, Like, we

851
00:37:32,440 --> 00:37:35,200
Speaker 1: are so oftentimes so booked that we don't have the

852
00:37:35,239 --> 00:37:37,399
Speaker 1: time to be creative and to like sort of allow

853
00:37:37,440 --> 00:37:40,279
Speaker 1: our minds to wander where we can pursue something that

854
00:37:40,280 --> 00:37:42,520
Speaker 1: we're really excited about. But you know, you you just

855
00:37:42,520 --> 00:37:45,560
Speaker 1: mentioned Steve Jobs and and Bill Gates. They didn't know

856
00:37:45,760 --> 00:37:48,239
Speaker 1: that they were going to create these massive companies, right,

857
00:37:48,440 --> 00:37:50,600
Speaker 1: But what they did know, though, is that they loved

858
00:37:50,640 --> 00:37:54,640
Speaker 1: electronics and computers, and that became their focus. When you

859
00:37:54,680 --> 00:37:56,640
Speaker 1: have such a clear vision of what it is that

860
00:37:56,719 --> 00:37:59,719
Speaker 1: you want to do, it may not be necessary to

861
00:37:59,760 --> 00:38:03,480
Speaker 1: spend the time and money in undergrad exploring your options

862
00:38:03,560 --> 00:38:07,040
Speaker 1: and learning something that you might already know how to do.

863
00:38:07,280 --> 00:38:10,160
Speaker 1: Those guys are outliers. But for every Steve Jobs, there

864
00:38:10,239 --> 00:38:12,520
Speaker 1: might be thousands of folks who know that they want

865
00:38:12,560 --> 00:38:14,640
Speaker 1: to say, get into real estate. You know, you don't

866
00:38:14,640 --> 00:38:16,279
Speaker 1: have to be really smart, you don't have to be

867
00:38:16,320 --> 00:38:18,680
Speaker 1: a genius to to get into real estate. Hey, take

868
00:38:18,680 --> 00:38:22,040
Speaker 1: it from true non geniuses. You are in real estate,

869
00:38:22,080 --> 00:38:24,759
Speaker 1: dable in real estate. And for every Mark Zuckerberg out there,

870
00:38:24,760 --> 00:38:26,799
Speaker 1: there are gonna be countless of folks who already know

871
00:38:26,800 --> 00:38:29,480
Speaker 1: how to take amazing photos, or they know how to

872
00:38:29,480 --> 00:38:32,239
Speaker 1: sell a cool innovative product, or they know how to

873
00:38:32,239 --> 00:38:34,360
Speaker 1: build great websites. Right, and you can do all of

874
00:38:34,360 --> 00:38:37,279
Speaker 1: those things without a degree. So I guess what we're

875
00:38:37,320 --> 00:38:38,760
Speaker 1: sort of getting out here is that, like, you don't

876
00:38:38,800 --> 00:38:41,520
Speaker 1: necessarily need to have a degree in order to be

877
00:38:41,560 --> 00:38:44,040
Speaker 1: an entrepreneur, You don't need a degree if you already

878
00:38:44,080 --> 00:38:46,719
Speaker 1: have focus. Yeah, man, I completely agree. I think you

879
00:38:46,760 --> 00:38:48,640
Speaker 1: know it would be interesting to bring our friend Grant

880
00:38:48,640 --> 00:38:50,919
Speaker 1: Sabatier back on the show. We had him on quite

881
00:38:50,960 --> 00:38:52,560
Speaker 1: a while back, and he wrote a great book called

882
00:38:52,640 --> 00:38:55,480
Speaker 1: Financial Freedom. But I've heard him tell the story about

883
00:38:55,520 --> 00:38:58,479
Speaker 1: starting to make websites for a law firm I believe

884
00:38:58,520 --> 00:39:00,960
Speaker 1: it was, and he just he made one and they

885
00:39:01,000 --> 00:39:02,920
Speaker 1: liked it, and they paid him like way too much

886
00:39:02,960 --> 00:39:04,960
Speaker 1: money to make a second one, and so he just

887
00:39:05,000 --> 00:39:06,520
Speaker 1: kind of was like, oh, wait, this is a really

888
00:39:06,560 --> 00:39:08,160
Speaker 1: good place for me to be this is a good

889
00:39:08,160 --> 00:39:10,480
Speaker 1: space for me to be in just making websites for people.

890
00:39:10,680 --> 00:39:12,760
Speaker 1: He kind of learned it on the fly and decided

891
00:39:12,840 --> 00:39:16,040
Speaker 1: to and after doing one he started to develop the

892
00:39:16,080 --> 00:39:18,160
Speaker 1: knack for doing it well. And it's just kind of

893
00:39:18,160 --> 00:39:20,279
Speaker 1: one of those things where if you do allow that time,

894
00:39:20,320 --> 00:39:22,840
Speaker 1: if you do give yourself an opportunity, if you search

895
00:39:23,000 --> 00:39:26,600
Speaker 1: for that opportunity, entrepreneurship, that word has kind of taken

896
00:39:26,600 --> 00:39:28,839
Speaker 1: on a lot of baggage, I think over time. Really

897
00:39:28,840 --> 00:39:31,000
Speaker 1: being an entrepreneur is being a go getter and trying

898
00:39:31,000 --> 00:39:34,040
Speaker 1: things out and seeing what sticks. And so yeah, for Grant,

899
00:39:34,239 --> 00:39:36,080
Speaker 1: he tried something out and it's stuck and it ended

900
00:39:36,160 --> 00:39:37,960
Speaker 1: up doing well for him for a long time. And

901
00:39:38,000 --> 00:39:39,719
Speaker 1: I think if you're willing to at least give it

902
00:39:39,760 --> 00:39:42,200
Speaker 1: a shot, than someone who truly desires to take that

903
00:39:42,360 --> 00:39:45,160
Speaker 1: entrepreneur route, well, and they might be better or served

904
00:39:45,440 --> 00:39:48,000
Speaker 1: by not getting a college degree. Also, let's say you

905
00:39:48,000 --> 00:39:50,319
Speaker 1: have a different kind of smarts and skills. If you

906
00:39:50,400 --> 00:39:52,799
Speaker 1: prefer to work with your hands, a trade school or

907
00:39:52,800 --> 00:39:55,200
Speaker 1: apprenticeship might be best for you. You can grow a

908
00:39:55,239 --> 00:39:57,080
Speaker 1: whole lot in your job in those four years that

909
00:39:57,120 --> 00:40:00,480
Speaker 1: your peers are in school. So instead of griding to

910
00:40:00,520 --> 00:40:02,439
Speaker 1: that idea that you have to go to college, look

911
00:40:02,480 --> 00:40:04,840
Speaker 1: at the type of work that you enjoy. Heck, you

912
00:40:04,880 --> 00:40:07,600
Speaker 1: might be like a master plumber or a master electrician

913
00:40:07,840 --> 00:40:10,719
Speaker 1: by your mid twenties and have zero debt hanging over

914
00:40:10,760 --> 00:40:13,680
Speaker 1: your head, making a really good living in the exact

915
00:40:13,680 --> 00:40:16,839
Speaker 1: sort of profession that interests you. It's just all about,

916
00:40:16,920 --> 00:40:19,200
Speaker 1: kind of like what you're into. We're all created differently,

917
00:40:19,360 --> 00:40:21,880
Speaker 1: we all have different things that were Like I'm like,

918
00:40:21,920 --> 00:40:23,600
Speaker 1: I could not be an electrician man if I went

919
00:40:23,680 --> 00:40:25,279
Speaker 1: over to do this, Like, I would not take this

920
00:40:25,320 --> 00:40:28,040
Speaker 1: advice for myself because it's just not something I'm skilled at.

921
00:40:28,280 --> 00:40:30,160
Speaker 1: I'm not really good with my hands. I have a

922
00:40:30,160 --> 00:40:32,080
Speaker 1: little better with my mouth, like, that's just kind of

923
00:40:32,560 --> 00:40:34,040
Speaker 1: I don't know, that's what I was gifted with, right,

924
00:40:34,080 --> 00:40:36,879
Speaker 1: So I'm gonna use what's the radio path? Yeah, there

925
00:40:36,880 --> 00:40:38,719
Speaker 1: we go. So that's like the that's that's what I'm

926
00:40:38,719 --> 00:40:41,000
Speaker 1: gonna use. But I think it is important to to

927
00:40:41,040 --> 00:40:43,600
Speaker 1: assess your own smarts, your own skills, like what are

928
00:40:43,600 --> 00:40:46,360
Speaker 1: you good at and kind of let that determine the

929
00:40:46,400 --> 00:40:48,000
Speaker 1: path that you take, because for a lot of folks,

930
00:40:48,040 --> 00:40:49,920
Speaker 1: college makes the most sense, but for for a lot

931
00:40:49,920 --> 00:40:52,520
Speaker 1: of other folks it doesn't. And one other time that

932
00:40:52,600 --> 00:40:55,080
Speaker 1: a college degree may not make sense for you is

933
00:40:55,120 --> 00:40:57,959
Speaker 1: if your degree costs too much money. If you're gonna

934
00:40:57,960 --> 00:41:00,600
Speaker 1: be graduating with more debt than you can hateal, you

935
00:41:00,600 --> 00:41:04,160
Speaker 1: should reconsider student loan debt can haunt you. You can't

936
00:41:04,160 --> 00:41:06,839
Speaker 1: get rid of it even in bankruptcy, So make sure

937
00:41:06,880 --> 00:41:09,680
Speaker 1: that you are proceeding with caution, and a good rule

938
00:41:09,680 --> 00:41:11,640
Speaker 1: of thumb to consider is to not take out a

939
00:41:11,680 --> 00:41:13,680
Speaker 1: debt load that is going to be higher than you're

940
00:41:13,680 --> 00:41:16,279
Speaker 1: expected to first your salary, and make sure that you're

941
00:41:16,280 --> 00:41:18,680
Speaker 1: being realistic as well, right, like, don't set yourself up

942
00:41:18,719 --> 00:41:22,360
Speaker 1: for failure by you know, envisioning the most optimal high

943
00:41:22,360 --> 00:41:25,520
Speaker 1: salary that's sort of out there. And so for instance,

944
00:41:25,560 --> 00:41:27,640
Speaker 1: like a journalism major, they make them out thirty eight

945
00:41:27,680 --> 00:41:30,480
Speaker 1: thousand dollars on average. So make sure that you're not

946
00:41:30,560 --> 00:41:33,239
Speaker 1: taking out more than thirty eight thousand dollars for that

947
00:41:33,320 --> 00:41:37,479
Speaker 1: journalism degree in undergrad Yeah, no matter how fun those

948
00:41:37,520 --> 00:41:40,600
Speaker 1: four years are and no matter how fulfilling the work is.

949
00:41:41,000 --> 00:41:44,480
Speaker 1: When you get out of school and you start your career, well,

950
00:41:44,520 --> 00:41:46,680
Speaker 1: if you have a job that's gonna pay you around

951
00:41:46,680 --> 00:41:49,280
Speaker 1: thirty eight thousand dollars in your salary is probably gonna

952
00:41:49,480 --> 00:41:51,839
Speaker 1: rise at the rate of inflation. Well, if you have

953
00:41:52,080 --> 00:41:54,799
Speaker 1: nine thou dollars in student loan debt, it's gonna be

954
00:41:54,800 --> 00:41:57,320
Speaker 1: such an albatross or around your neck that it's gonna

955
00:41:57,320 --> 00:41:59,759
Speaker 1: put a stain a blight on those years that you

956
00:41:59,800 --> 00:42:03,000
Speaker 1: were in school and on the actual day to day

957
00:42:03,160 --> 00:42:05,160
Speaker 1: of of what you're doing. And so I think that's

958
00:42:05,160 --> 00:42:07,080
Speaker 1: why that's such an important rule of thumb for people

959
00:42:07,120 --> 00:42:09,959
Speaker 1: to to really heed, to really pay attention to. Don't

960
00:42:10,000 --> 00:42:13,160
Speaker 1: take out a debtload that is higher than you're expected

961
00:42:13,200 --> 00:42:15,000
Speaker 1: first year salary. That's going to keep you in that

962
00:42:15,120 --> 00:42:17,400
Speaker 1: range where you can actually afford the payments on that

963
00:42:17,400 --> 00:42:19,520
Speaker 1: student loan debt and it's not going to have an

964
00:42:19,520 --> 00:42:23,000
Speaker 1: insanely negative impact on your quality of life. Yeah, and

965
00:42:23,000 --> 00:42:24,440
Speaker 1: this next point is going to go out to all

966
00:42:24,440 --> 00:42:26,600
Speaker 1: the parents out there, or maybe all the soon to

967
00:42:26,760 --> 00:42:30,000
Speaker 1: be parents, But start having the conversation about, you know,

968
00:42:30,040 --> 00:42:32,839
Speaker 1: the burden that student loans can create, so that your

969
00:42:32,920 --> 00:42:36,480
Speaker 1: kid can make an informed decision. Don't saddle them with

970
00:42:36,520 --> 00:42:39,560
Speaker 1: the expectation of going to college, especially without preparing them

971
00:42:39,560 --> 00:42:42,960
Speaker 1: financially or at least, you know, giving them the financial

972
00:42:43,120 --> 00:42:46,400
Speaker 1: knowledge to know how to approach student loans and to

973
00:42:46,520 --> 00:42:48,840
Speaker 1: look at them, you know, in a reasonable way. Just

974
00:42:48,880 --> 00:42:51,279
Speaker 1: think about like when your kid turns sixteen and they're

975
00:42:51,360 --> 00:42:53,279
Speaker 1: you know, they're looking at cars. Well, if you ask

976
00:42:53,360 --> 00:42:55,680
Speaker 1: them maybe what car that they want, they're gonna say

977
00:42:55,719 --> 00:42:57,800
Speaker 1: some amazing car that might cost a lot of money

978
00:42:58,000 --> 00:42:59,680
Speaker 1: that goes really fast that you know, it's gonna be

979
00:42:59,680 --> 00:43:02,960
Speaker 1: a terror idea for sixteen year old. Granted that this

980
00:43:03,000 --> 00:43:05,120
Speaker 1: is a maybe a bad analogy, right because a car

981
00:43:05,320 --> 00:43:08,040
Speaker 1: is not the same thing as a college education. A

982
00:43:08,080 --> 00:43:11,000
Speaker 1: college education you are investing in yourself, whereas a car

983
00:43:11,120 --> 00:43:14,960
Speaker 1: just depreciates. But that being said, we label college and

984
00:43:15,040 --> 00:43:17,400
Speaker 1: higher education as this sort of golden thing that it

985
00:43:17,400 --> 00:43:19,759
Speaker 1: doesn't really matter, Like you can forget the costs and

986
00:43:19,920 --> 00:43:21,920
Speaker 1: you know, the cost don't matter. You're investing in yourself

987
00:43:22,000 --> 00:43:24,040
Speaker 1: that sets you for the rest of your life. So

988
00:43:24,080 --> 00:43:26,200
Speaker 1: what we are saying though, is that it is important

989
00:43:26,239 --> 00:43:28,839
Speaker 1: to consider the costs. We need to be reasonable with

990
00:43:28,960 --> 00:43:31,839
Speaker 1: how we're taking on student loans and the financial implications

991
00:43:31,880 --> 00:43:33,759
Speaker 1: that they have on our futures. Yeah. Man, I think

992
00:43:33,840 --> 00:43:36,399
Speaker 1: one thing I would say to the parents in kind

993
00:43:36,400 --> 00:43:39,480
Speaker 1: of the conversations with their kids surrounding college and future

994
00:43:39,600 --> 00:43:42,040
Speaker 1: and stuff like that, if I'm creating a recipe, I

995
00:43:42,040 --> 00:43:44,279
Speaker 1: would say, three quarters of a cup of hopes and

996
00:43:44,360 --> 00:43:47,520
Speaker 1: dreams and one quarter of a cup of let's be

997
00:43:47,600 --> 00:43:49,919
Speaker 1: real about the cost. If you can kind of put

998
00:43:49,960 --> 00:43:52,160
Speaker 1: that in and and mix it in a bowl, that's

999
00:43:52,160 --> 00:43:54,799
Speaker 1: going to be your best recipe for for educating your

1000
00:43:54,880 --> 00:43:57,319
Speaker 1: kid and also inspiring them at the same time, helping

1001
00:43:57,360 --> 00:43:59,360
Speaker 1: them to see that they can achieve something great, that

1002
00:43:59,480 --> 00:44:03,000
Speaker 1: the job they truly aspire to is within their grasp,

1003
00:44:03,320 --> 00:44:05,880
Speaker 1: but that there are also just really smart ways to

1004
00:44:05,880 --> 00:44:08,800
Speaker 1: go about it where they're not completely mortgaging their future

1005
00:44:09,000 --> 00:44:11,319
Speaker 1: in order to do that. But so, yeah, I would say,

1006
00:44:11,360 --> 00:44:13,799
Speaker 1: three quarters of the hopes and dreams one quarter of

1007
00:44:13,840 --> 00:44:16,080
Speaker 1: the dose of reality when it comes to the cost

1008
00:44:16,120 --> 00:44:19,200
Speaker 1: of school and talking about the cost benefit analysis of

1009
00:44:19,239 --> 00:44:21,640
Speaker 1: what this education is going to mean. In my mind,

1010
00:44:21,640 --> 00:44:23,520
Speaker 1: that's kind of a good way to to think about

1011
00:44:23,560 --> 00:44:26,319
Speaker 1: your conversations going forward. Nice man, I like your your

1012
00:44:26,320 --> 00:44:29,360
Speaker 1: little recipe there. I'm like the Polladine of talking about

1013
00:44:29,400 --> 00:44:31,399
Speaker 1: college costs. All right, let's takeet back to the beer

1014
00:44:31,719 --> 00:44:34,720
Speaker 1: we had, Mexican Lagger, which is a beer by st

1015
00:44:34,920 --> 00:44:38,000
Speaker 1: Archer out in California. What were thoughts on the beer mat? Yeah, well,

1016
00:44:38,000 --> 00:44:40,879
Speaker 1: I've never challenged myself to sort of dissect what sort

1017
00:44:40,880 --> 00:44:43,600
Speaker 1: of Mexican style Lagger tastes like. Right, so this is

1018
00:44:43,640 --> 00:44:46,000
Speaker 1: certainly the most thought that I think I've ever given

1019
00:44:46,120 --> 00:44:48,839
Speaker 1: to a beer in the style. But that being said,

1020
00:44:48,880 --> 00:44:50,640
Speaker 1: because it's a Logger, it kind of does have that

1021
00:44:50,719 --> 00:44:53,760
Speaker 1: sort of rice aroma, kind of got like a fresh

1022
00:44:53,760 --> 00:44:55,439
Speaker 1: pot of rice going on. It just has a certain

1023
00:44:55,480 --> 00:44:57,479
Speaker 1: smell to it, And I little up in your house, dude,

1024
00:44:57,480 --> 00:45:00,680
Speaker 1: I love rice. This perspects your childhood, it does, but

1025
00:45:00,680 --> 00:45:02,839
Speaker 1: it's like this rice aroma and it kind of has

1026
00:45:02,840 --> 00:45:05,840
Speaker 1: this dry weedingness, and there's also like this dry bitterness

1027
00:45:05,880 --> 00:45:08,160
Speaker 1: as well. That kind of reminds me of like a

1028
00:45:08,239 --> 00:45:10,399
Speaker 1: rubbery bouncy ball, you know, like when you're a kid

1029
00:45:10,719 --> 00:45:12,000
Speaker 1: and you go to the mall and you kind of

1030
00:45:12,000 --> 00:45:15,319
Speaker 1: have those multi colored bouncy balls or face from sort

1031
00:45:15,360 --> 00:45:18,279
Speaker 1: of pink to blue, and they bounced super high. Oh yeah,

1032
00:45:18,280 --> 00:45:19,960
Speaker 1: I got in trouble in the aisles playing with those

1033
00:45:19,960 --> 00:45:22,399
Speaker 1: things the time. What's the deal? You drop it once

1034
00:45:22,400 --> 00:45:23,919
Speaker 1: and it bounced the straight up, but then the second

1035
00:45:23,960 --> 00:45:26,200
Speaker 1: bounce always shoots it like forward, and then it bounced

1036
00:45:26,200 --> 00:45:27,960
Speaker 1: straight up again, and then it shoots forward again. It's

1037
00:45:28,000 --> 00:45:29,879
Speaker 1: something like they just seemed to go like all every

1038
00:45:29,880 --> 00:45:31,799
Speaker 1: which one. I can never figure out how it did that.

1039
00:45:31,840 --> 00:45:33,239
Speaker 1: I think it was something with a spin, but it

1040
00:45:33,280 --> 00:45:35,279
Speaker 1: always fascinated me anyway. But you know the way that

1041
00:45:35,280 --> 00:45:38,400
Speaker 1: those balls smelled, that's what Mexican loggers sort of remind

1042
00:45:38,440 --> 00:45:40,520
Speaker 1: me of, you know what I'm talking about? Um maybe,

1043
00:45:40,840 --> 00:45:44,120
Speaker 1: oh no, I tell't no true. Like I thought, finally

1044
00:45:44,160 --> 00:45:45,719
Speaker 1: I was gonna break through and you're gonna agree with

1045
00:45:45,760 --> 00:45:48,919
Speaker 1: me on this sort of weird tasting palette. No, man,

1046
00:45:48,960 --> 00:45:51,440
Speaker 1: you have you have a palette that is completely unique,

1047
00:45:51,440 --> 00:45:53,839
Speaker 1: and I appreciate that about you. I did not get that,

1048
00:45:53,960 --> 00:45:55,840
Speaker 1: but but maybe it's Honestly, it could be that my

1049
00:45:55,840 --> 00:45:58,120
Speaker 1: tongue is completely unrefined. I don't think it's refinement. I

1050
00:45:58,160 --> 00:46:00,799
Speaker 1: think I just put everything from my chidhood in my mouth,

1051
00:46:00,800 --> 00:46:03,319
Speaker 1: so I know I know what things like as a kid.

1052
00:46:03,480 --> 00:46:05,600
Speaker 1: Well that's good to know, how about you? So all right, Well,

1053
00:46:05,920 --> 00:46:07,959
Speaker 1: first off, I'm not completely sure what the differences between

1054
00:46:08,000 --> 00:46:11,120
Speaker 1: a Mexican logger and an American logger. Actually looked it up,

1055
00:46:11,280 --> 00:46:13,719
Speaker 1: and everybody kind of has their own take on what

1056
00:46:13,760 --> 00:46:16,399
Speaker 1: the difference is, and it doesn't seem that there's much

1057
00:46:16,440 --> 00:46:19,080
Speaker 1: consistency in it. But I thought this was a pretty

1058
00:46:19,120 --> 00:46:21,920
Speaker 1: tasty little logger. It was dry, it was clean, It

1059
00:46:22,320 --> 00:46:25,200
Speaker 1: tasted like the air south of the border. It um

1060
00:46:25,239 --> 00:46:27,000
Speaker 1: it really was, man, it was it was really nice.

1061
00:46:27,040 --> 00:46:28,920
Speaker 1: I enjoyed it. Like we mentioned at the beginning of

1062
00:46:28,960 --> 00:46:31,000
Speaker 1: the show that loggers or something that we're drinking a

1063
00:46:31,000 --> 00:46:34,120
Speaker 1: little bit more of because we are drinking so many big, bold,

1064
00:46:34,520 --> 00:46:37,520
Speaker 1: just kind of crazy beers, which I love. I don't

1065
00:46:37,800 --> 00:46:39,840
Speaker 1: often get tired of them, but but every once in

1066
00:46:39,880 --> 00:46:42,320
Speaker 1: a while, like my neighbor brought me a farmhouse logger

1067
00:46:42,320 --> 00:46:44,439
Speaker 1: the other day, and it was just it hit the spot. Man.

1068
00:46:44,480 --> 00:46:46,799
Speaker 1: It was so good because it was it just gave

1069
00:46:46,880 --> 00:46:49,120
Speaker 1: my mouth kind of like a break, you know. It's

1070
00:46:48,960 --> 00:46:51,080
Speaker 1: just really a nice little palate cleanser. Yeah, there are

1071
00:46:51,080 --> 00:46:53,080
Speaker 1: these little notes in there that I can really appreciate

1072
00:46:53,120 --> 00:46:55,000
Speaker 1: without it being over the top and just like putting

1073
00:46:55,040 --> 00:46:57,799
Speaker 1: my tongue into like some like stranglehold, you know. But yeah,

1074
00:46:57,840 --> 00:47:02,560
Speaker 1: so this was fun taste, this tongue a nice break

1075
00:47:02,560 --> 00:47:04,960
Speaker 1: from the ordinary. So yeah, thanks to the folks at

1076
00:47:04,960 --> 00:47:07,040
Speaker 1: st Archer for sending this br away. All right, Joel,

1077
00:47:07,080 --> 00:47:10,000
Speaker 1: let's go ahead and share some final thoughts and sort

1078
00:47:10,000 --> 00:47:12,720
Speaker 1: of in summary, if you do decide to go to college,

1079
00:47:12,760 --> 00:47:15,160
Speaker 1: just make sure that you are doing everything you can

1080
00:47:15,440 --> 00:47:18,960
Speaker 1: to lessen your eventual debt load while at the same

1081
00:47:18,960 --> 00:47:23,160
Speaker 1: time maximizing the impact that higher education will have on

1082
00:47:23,239 --> 00:47:26,000
Speaker 1: your career. At times, it might be tough to kind

1083
00:47:26,000 --> 00:47:28,160
Speaker 1: of find and strike that balance, but I think if

1084
00:47:28,160 --> 00:47:30,360
Speaker 1: you can sort of enter college and complete college with

1085
00:47:30,440 --> 00:47:32,880
Speaker 1: that in the forefront of your mind, you're going to

1086
00:47:32,920 --> 00:47:36,040
Speaker 1: be in a much much better place financially. Yeah. Man,

1087
00:47:36,040 --> 00:47:38,680
Speaker 1: I think if we're asking the question is college worth it, well,

1088
00:47:39,040 --> 00:47:43,960
Speaker 1: the answer is actually in every individual's hands. Really because

1089
00:47:44,000 --> 00:47:46,560
Speaker 1: the price point, the earning potential in the experience is

1090
00:47:46,560 --> 00:47:48,520
Speaker 1: going to be different for every single one of us

1091
00:47:48,560 --> 00:47:50,759
Speaker 1: as we're determining where we go and what we want

1092
00:47:50,760 --> 00:47:53,040
Speaker 1: to do and what we want to study. So is

1093
00:47:53,040 --> 00:47:55,239
Speaker 1: college worth it? Well, the answer is truly in how

1094
00:47:55,280 --> 00:47:57,640
Speaker 1: you go about it. Like I said, if my college

1095
00:47:57,640 --> 00:48:00,480
Speaker 1: degree came with a much much higher price tag, then

1096
00:48:00,600 --> 00:48:02,840
Speaker 1: it likely would not have been worth it. And so

1097
00:48:02,960 --> 00:48:05,560
Speaker 1: running a cost benefit analysis and figuring out how you

1098
00:48:05,600 --> 00:48:09,160
Speaker 1: can lessen the cost while increasing the value that is

1099
00:48:09,200 --> 00:48:11,520
Speaker 1: going to be a recipe that makes college worth it

1100
00:48:11,600 --> 00:48:14,279
Speaker 1: for a lot of folks that want to pursue a

1101
00:48:14,320 --> 00:48:17,279
Speaker 1: traditional higher education as their path. All right, buddy, I

1102
00:48:17,320 --> 00:48:19,799
Speaker 1: think that's gonna do it for this episode, and we

1103
00:48:19,840 --> 00:48:21,560
Speaker 1: will have show notes up on our website at how

1104
00:48:21,600 --> 00:48:23,920
Speaker 1: to money dot com. We've also got some other articles

1105
00:48:24,000 --> 00:48:25,839
Speaker 1: up there, so take a look. And here's the thing.

1106
00:48:26,239 --> 00:48:28,680
Speaker 1: If you want to support our show, we would love

1107
00:48:28,719 --> 00:48:31,400
Speaker 1: for you to leave us a review if you haven't already.

1108
00:48:31,760 --> 00:48:33,400
Speaker 1: When you leave a review, and when you give us

1109
00:48:33,440 --> 00:48:35,959
Speaker 1: a rating over on Apple podcast, that helps to sort

1110
00:48:35,960 --> 00:48:38,359
Speaker 1: of spread the word of how some money and what

1111
00:48:38,360 --> 00:48:40,719
Speaker 1: we're doing over here. So taking thirty seconds to to

1112
00:48:40,760 --> 00:48:43,160
Speaker 1: leave us a quick review, a solid rating that helps

1113
00:48:43,239 --> 00:48:46,280
Speaker 1: us tremendously, and much thanks in advance. Alright, buddy, until

1114
00:48:46,320 --> 00:48:48,640
Speaker 1: next time, Best friends asked friends out