Our Thoughts on College - From 3 homeschooled brothers who skipped college

In this thought-provoking episode of *Wealth Talks*, three homeschooling brothers challenge the conventional wisdom around college, arguing that the rising cost of higher education—often exceeding $50,000 per year for out-of-state institutions—has become a significant wealth killer. They highlight how both student loan debt and parental financial sacrifices for tuition can derail long-term financial health, especially when the degree isn't tied to a high-demand career. Using real-world examples like a former Pepsi delivery driver who built a successful auto detailing business, they illustrate that valuable skills and income can be gained outside academia. The hosts contrast two paths: attending an expensive four-year college versus opting for community college or a gap year to explore passions, invest, or start a business. A detailed financial comparison shows that saving $121,000 for a child’s future—instead of spending it on college—can lead to homeownership, lower mortgage costs, and over $600,000 in additional wealth over 30 years. The episode emphasizes intentional decision-making, critical thinking, and real-world experience over tradition, urging listeners to evaluate opportunity cost and consider alternative paths to success. While not outright rejecting college, they advocate for a more deliberate, financially aware approach to education and career planning.