&gt; 3. Colleges continue to justify costs based on lifetime earnings delta of people with degrees. Sadly, this data is backwards-looking and not indicative of what today&#x27;s students should expect.<p>Not only that, it&#x27;s downright bullshit.<p>I remember seeing once a comparison. Non college degree average salary: let&#x27;s say it&#x27;s 30K. College degree: 40K. Instead of college, take those 4 years and at least $50K of educational expenses and invest in the S&amp;P 500. Do nothing. Earn more over your lifetime that the more sophisticated 40K college graduate.<p>Or better yet, take that 50K, use the plethora of free online learning resources and become an entrepreneur. For a large portion of the population, college is simply not worth it.