Financial Times FT.com

College a waste of time and money for kids

By James Altucher

Published: February 12 2008 02:00 | Last updated: February 12 2008 02:00

Last week I made an off-the-cuff comment in my column that stirred up several e-mails asking if I was serious. What I said was that I had no intention of sending my kids to college. I was dead serious. I find the thought of college abhorrent, particularly for 18- to 20-year-olds. Kids have a lot of energy at that point, and to deaden it with a forced, unsupervised diversity of random topics taught by mostly mediocre professors is a waste of that energy.

I can't remember anything good coming from my freshman year - other than starting a business with a few of my classmates, which inspired me for subsequent businesses.

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