Dec 14, 2024, 12:30 PM
Dec 14, 2024, 12:30 PM

Warren Buffett's kids didn't finish college, should we question higher education?

Subjective
Highlights
  • Warren Buffett believes that college is not a necessary path for everyone, especially for his own children.
  • None of his three children finished college, with Susie just three credits shy of completing her degree.
  • Buffett's perspective challenges the conventional belief that a college degree is required for success, advocating for a more individualized view of education.
Story

Warren Buffett, known as the Oracle of Omaha, has openly expressed his skepticism regarding the necessity of higher education for achieving success in life. In interviews dating back to 2018, Buffett noted that he does not believe that college is crucial for everyone and openly shared that none of his three children completed their degrees. His daughter Susie was the closest, just three credits shy of graduation. Buffett emphasized that some individuals gain a great deal from advanced education, while others gain very little, suggesting that the value of college can vary greatly among individuals. He pointed out the reality that many lucrative jobs, offering salaries between $70,000 and $80,000, do not require a college degree, thus challenging the conventional wisdom surrounding the need for a formal college education. While he acknowledges the potential benefits of education, Buffett is cautious about overstating its importance, underscoring that the return on investment for education can vary significantly and that not all paths necessitate a degree. This viewpoint prompts a broader reflection on the societal perception of higher education and its role in shaping one's career and financial success. Buffett's experiences have led him to advocate for a more nuanced understanding of education, suggesting that a one-size-fits-all approach is not suitable in determining success in life or career paths. His comments encourage a reconsideration of how society views college education, especially in light of the diverse opportunities that exist in the job market that do not demand a degree.

Opinions

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