Ric Edelman

And yet what we need to recognize is that for today's environment, college is not the way it was when you and I went or when our parents went.

Today, college is broken, meaning the fundamental assumption that kids ought to go is fundamentally flawed.

And I've got the statistics to prove it.

24% of college freshmen drop out.

Less than 60% graduate within six years.

And 10 years after graduating, less than half,

are working in a job that required their degree.

In fact, most are in a job that didn't require any degree.

And yet the average cost of a school today is facing a quarter of a million dollars.

The average undergrad graduates with 30,000 in student debt.

It is severely interfering with their ability to buy a home, buy a car, live independently, get married, have children.

We're seeing declines and delays in all those statistics.

And here's the worst one of all.

50% of today's college students have been clinically diagnosed with depression.

Yes.

Yes.

No.

That's the crazy thing is that even if you send your kids to the elites, to the Ivy Leagues, et cetera.

You're going to still find those statistics.

In other words, I'll give you two answers to this, Josh, because you're raising a really valid point.