Choose Bitcoin, Not School – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


There is an opportunity cost in every decision you make in life. Some are bigger than others, but there is one I’ve seen way too many people fall for, and that is earning a degree at a university instead of buying bitcoin.

Attending a university today is extremely expensive and is pushed onto kids so hard that it’s almost predatory. Most kids don’t have the money to pay for it so they’re incentivized to take on debt to attend, and this often backfires on students. Degrees don’t guarantee jobs, and many young adults are left jobless, with debt and no direction in life.

As a college dropout myself (backed up by my bitcoin friends who also dropped out), I can confidently say that accumulating bitcoin and working on your passions is a much better use of your time and money than attending a university. Don’t believe me?

Let’s crunch some numbers.

Cost

Take, for instance, James Madison University, a university in my home state that I was planning on attending but I eventually turned it down.

If I would have attended this University straight out of high school and the annual cost (in state) would be $26,726 for tuition, room, board, books, travel, personal costs and loan fees. After a bare minimum of attending the school for four years, the cost would total more than $106,904.




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