Billionaire Mark Cuban (67 years old) just shared his views on college in a recent interview. Mr. Cuban believes that college is a valuable experience for everyone, even in cases where students cannot attend until they receive a degree.
According to Mr. Cuban, the important thing is not where to study, but having an active learning method at university level, finding interest in learning. In addition, university is an ideal environment for young people to be exposed to many different types of people and ways of thinking.
Billionaire Mark Cuban (Photo: Inc).
According to Mr. Cuban, if students are worried about their own and their family's finances and are uncertain about the long-term benefits of going to college, they should choose a college or university with low tuition fees. In particular, attending a college with a shorter study period is an option that young people should consider.
Mr. Cuban attended the University of Pittsburgh (USA) for a year, before transferring to Indiana University (USA) to study business administration. He graduated from Indiana University in 1981.
The reason Mr. Cuban chose Indiana University was because after determining his career path, he found that Indiana University had the cheapest tuition among the 10 best business schools in the United States at that time.
“I never encourage young people to say, ‘Don’t go to college, start a business.’ If you want to do business, you need to go to business school to at least learn the language of business. You need to learn how to master your own knowledge before you can master your own business,” Mr. Cuban said.
According to Mr. Cuban, subjects such as accounting, finance and marketing will provide important knowledge and skills for young people who want to pursue business. “Those are very useful things in business. Even if you do not pursue your studies to get a degree, you still have a period of gaining useful knowledge before starting a business,” Mr. Cuban added.
After a brief stint in banking after graduating from college, Cuban started a software company called MicroSolutions and sold it to a large company for $6 million in 1990. His next company, the online radio platform Broadcast.com, was acquired by Yahoo for $5.7 billion in 1999, making him a billionaire.
Data from the U.S. Census Bureau also supports Mr. Cuban's view: in general, people with college degrees tend to have higher incomes than other groups. Even those who do not complete college to get a degree still have higher incomes than those who have never attended college.
Mr. Cuban is not the only one who believes that the value of a college education does not lie entirely in its reputation. Jennifer Breheny Wallace, an American expert on parenting methods, has shared a similar view.
Expert Jennifer Breheny Wallace (Photo: CNBC).
Ms. Wallace believes that the most important value of going to university lies in the learning experience, and students do not need to care too much about the reputation of the school.
A 2014 survey of 30,000 alumni in the US, conducted by the consulting and analysis company Gallup, also concluded that the long-term benefits that students gain from attending college depend mainly on their own learning experience, not on the reputation of the school.
“In life, we probably all know some people who went to prestigious universities, but their later lives did not turn out as expected. And there are also people who went to very average universities, but they have very successful jobs and lives,” said Ms. Wallace.
Source: https://dantri.com.vn/giao-duc/ty-phu-giai-thich-vi-sao-thanh-nien-nen-hoc-dai-hoc-ke-ca-khong-lay-bang-20250803153538949.htm
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