Do schools stop you from actually learning?

Thanks to the generosity of my company's founder, I am able to work full-time while still being allowed to go out of the office during the day to take classes and try to get a second degree (Government). Lately, I've been noticing that most of my REAL learning comes from me just reading books on my own at night after work, and looking through posts on WSO. Most of the work I have to do for my classes doesn't really help me since I already know the information reading for fun. They take up a ton of time, adding to my already long hours.

Did you guys actually learn anything from school, or it is just something you just have to do?

 

I couldn't disagree w/ this more. The emphasis at most schools is on learning "what" rather than "why" or "how." When you learn "what" all you know is the "what" and nothing else is discoverable. When you learn "how" and "why" (which are significantly more interesting questions) you are capable of discovering the "what" independently.

The vast majority of college courses are predicated on memorizing useless facts/terms and/or writing bullshit papers that are congruent w/ the biases of your professors. If you're lucky, you'll take a 3-4 courses that are profoundly useful, but the majority is a terrible waste of time. Before I went to college, I thought that higher education was the most poorly constructed of the Western World's institutions. Now that I've actually gone to college, I'm certain of it.

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done
 

In my experience, school is mainly for teaching one how to successfully manage their life before going into the "real world". Things like stress management, time management, and learning how to prioritize responsibilities accordingly. Honestly, the best thing school teaches you is the best and most efficient way to accomplish the tasks you have to accomplish - sometimes that means finding a way to do tedious tasks outside of the "rules" just as long as you don't get caught.

 

If you chose a school specifically for the course and the teachers, yes you do learn a great deal. However, that's a super specific chain of events that leads to learning, so most of the time, it is just something I have to do...

 

Exactly! As I was graduating high school we were all just expected to go to college right away. Yes, there were the few who knew exactly what they wanted to do with their lives but the majority of we millennials were going because we were expected to. My mom just told me to register as a liberal arts major until I figured it out. What a waste of time and money! haha.

 

I don't think so. You should have a full life and a lot of responsibility by 30. Learn on your own time at your own pace. Sitting in a classroom is for losers.

heister: Look at all these wannabe richies hating on an expensive salad. https://arthuxtable.com/
 

Part of the benefit of school (and liberal arts) is that it forces you to learn things you don't like - one of the reasons self-teaching can't replace college is because when you self-teach yourself, you only teach yourself what you find interesting, and ignore things that aren't interesting but could potentially change your way of thinking.

 

That's a good point. I guess one would have to be open to learning new things (even if they found it boring). Self-teaching could still replace college BUT you're right, you would need to make yourself aware of less attractive subjects and decide to learn things with potential benefit (even if the subject matter didn't interest you).

 
Most Helpful

Higher education is designed for 2 things: credentials and social connections

College is NOT about training for the real world, teaching significant modes of thinking, examining timeless truths, or even improving skill sets. College is simply a social club.

Knowledge and learning is on your own. It must be learned, either through experience or reading, but not taught.

 

I so agree with that. I am in my thirties and I've become aware that freshly out of college I basically still had "everything to learn", unlike what I thought (or had been told) at that time. My parents basically thought that my degree was 90% I needed to build a career on and that i would be "milking the cow" during 40 years until pension. They could not have been more wrong. Learning is an essential skill to own or develop during a career and I wish I had realized this earlier. I now take continuous learning as a cornerstone of my development and I approach it in a very structured and diligent way.

 

School is just a systematized way of cramming information into your brain. If you do not have the will power to learn, then school is definitely better than nothing. However, if you do have enough willpower, it is probably better for you to learn things on your own. However, one thing a system is good as is filling holes. You will be many more people with knowledge gaps if they self learn

 

Agreed. I met some of my best friends in college and even though I don't even live near any of them we plan annual trips together and have a blast each time. Some of my friends are spread out across the world so I have a reason to travel to some really exotic places. Regardless of tuition (the U.S. education system is still way too expensive), it was definitely worth it. However, if you want to learn, try mental models. https://fs.blog/mental-models/

 

With a few exceptions, college is complete and utter horseshit. The educational-industrial complex is one of the biggest policy failures in America right now.

As OP and others have said, you learn from reading and experience (and increasingly from targeted videos and classes). College is a social club for credentialing. The call for free college by some is exactly backwards--college should not be accessible to the masses. College should be financially rewarding for a narrow set of career paths (doctors, lawyers, nurses, computer engineers, etc.), in addition to accessible to the wealthy for other studies that have no financial return.

Array
 

Seriously, what the hell are all the political science and liberal arts majors doing after college? After escaping the echobox that is this forum and realizing STEM + Finance are very small fractions of majors in college, I wonder what the rest go on to do lol

Array
 
Pump and Dump:
Seriously, what the hell are all the political science and liberal arts majors doing after college? After escaping the echobox that is this forum and realizing STEM + Finance are very small fractions of majors in college, I wonder what the rest go on to do lol

Nearly half of people who start college don’t graduate from college, which is the critical economic failure that is rarely spoken to. College dropouts incur debt and miss out on valuable years of work experience.

The liberal arts are great if you attend a prestigious university and have a career plan. A history major at Columbia is not the same as one at Frostburg State. The problem is, there are far too many kids getting pointless liberal arts degrees at average or below average universities because they are told they have to get a college degree.

Array
 

political science majors go on to study law. In my case, I'm already experienced in Finance and Real Estate but I'm not American so it is best for me to learn about the country by doing Poli Sci.

Cash and cash equivalents: $138,311 Financial instruments and other inventory positions owned: $448,166
 

Either doing well on their LSATs and going to law school or wondering how/where it all went so wrong.

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done
 

They go on to realize that their degree is worthless because non-STEM degrees are the last thing you should *ever *load up on debt for. If you're some kid with rich parents and they can afford to send you to school for some meaningless degree without a hard financial return, then yeah, go for it, but if anyone is taking on debt for a worthless degree it's...not a good idea.

 

School teaches you stuff outside of class, like developing social skills, being likeable, forming relationships, etc. Wish I knocked that into myself early on lol. I don't get people who say "college is useless" it serves many benefits outside of taking tests and attending lectures.

Array
 
Pump and Dump:
School teaches you stuff outside of class, like developing social skills, being likeable, forming relationships, etc. Wish I knocked that into myself early on lol. I don't get people who say "college is useless" it serves many benefits outside of taking tests and attending lectures.

This is such a narrow-minded take. You can develop social skills in countless other places that aren’t college, and you don’t have to go deeply into debt to do it.

Array
 

I won't say that that's not true; however, I will say that $250k is entirely too much pay to develop social skills/be likable. How to Win Friends & Influence is ~$10 and there are several dozen ppl from my neighborhood who will be your BFF for $10k.

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done
 
Pump and Dump:
School teaches you stuff outside of class, like developing social skills, being likeable, forming relationships, etc. Wish I knocked that into myself early on lol. I don't get people who say "college is useless" it serves many benefits outside of taking tests and attending lectures.

I wouldn't refer to it as "teaching." Shoving kids together on a campus and hoping they "develop" social skills is not teaching just like shoving people who smoke weed with people who have murdered someone into prison is going to "reform" them.

 
imsurance:
I kind of feel the opposite. I update excel spreadsheets and powerpoints all day whereas in school I learned about scientifically, culturally and historically important topics EDIT: But I didn't study finance!

Topics like how not all women have uteruses or how Western culture was uniquely evil or how capitalism doesn’t work or how segregation from white people is beneficial or how...?

Array
 

When I read stuff like this it makes me sick but I have to laugh because I know it is spawned from ignorance. Education is one of the most important skills someone can acquire. Whether you acquire an associates degree from your community college or a PhD from Harvard it is an accomplishment. It shows you set long terms goals and achieve them. It is good for the economy and it is helps everyone.

Reading WSO and watching a coupla YouTubes

 

[quote="WolfofWSO"] When I read stuff like this it makes me sick but I have to laugh because I know it is spawned from ignorance. Education is one of the most important skills someone can acquire. Whether you acquire an associates degree from your community college or a PhD from Harvard it is an accomplishment. It shows you set long terms goals and achieve them. It is good for the economy and it is helps everyone.

Reading WSO and watching a coupla YouTubes

Array
 

Nursing, Healthcare, and other professional licensed/skilled work (STEM, etc) college is a place that needs to be able to filter and weed students out so only the best can care or work for the masses.

In terms of liberal arts, etc., it varies. My friends from foreign countries were sent here to get a check box off their list and go back home to work for their family's company.

College taught me both social and learning skills.

TechBanking - you're not wrong there. There are plenty of ads online and on college campuses where people can pay to get their essays done. These days professors will tell you to submit stuff online.

No pain no game.
 

Lant Pritchett research shows that university education has zero impact on productivity... so yeah.

Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

Agree 100%. Schools were invented at a time when it wasn't as easy to learn on your own. Not only was there no internet but also fewer books which meant lower quality books. Now the ability to self-teach is 100x what it used to be and schools are fighting for relevance.

Fortunately for the schools, society has built a system that places great reward on brand name degrees. So people will pay out the nose to attend schools just for the name on the resume. You'll notice nobody tries to sneak into college classes without paying, because nobody values the learning itself.

Eventually people will value degrees less as well, and that will be trouble for the schools.

Schools have an opportunity to adapt and add more value to the learning experience, but instead they seem to be waiving the white flag by expanding their degree programs dramatically in an attempt to grab all the last nickels and dimes while they still can. Seems like everywhere I go these days, I see prestigious schools advertising continuing ed degree programs in online and short-course format on subways, online banners, etc. Columbia is the new University of Phoenix.

 

In this day and age, nothing's stopping you from learning on your own, but it's easy to be trapped in the same line of thinking. I think schools' purpose should be to challenge you to consider views other than your own, but I must admit that that's not an experience I've had with most of my classes.

 

Maybe 1/3 of my classes at university helped me prepare somewhat for a finance career. In particular, financial accounting, intro to law, and real estate fundamentals have been useful. Financial accounting and basic law concepts are hyper critical to success.

The classes that were more useless (maybe surprisingly) were many of my upper level business courses. Our advanced financial theory professor barely spoke English and has never worked in the private sector. Absolute bullshit - I understand more in one year out of school than she ever will...

 

It’s just credentialism. Nowadays, the point isn’t really to learn, the point is just to play the game and get the grades.

Nothing at a liberal arts school is directly relevant to what you’ll need to know on the job, aside from maybe a couple basic, introductory courses. Learning upper-level economics won’t help you anymore than taking a history class on the fall of Rome. I’d actually argue the latter will help you more, because at least the class teaches you how to think critically, give good presentations, and discuss with your peers.

 

You get out of what you put in. Its possible to learn at most colleges, even ones that aren't as highly regarded. But it takes discipline and dedication to actually wanting to learn.

All too many college students just cram useless facts because that will get them a passing grade in the easiest manner, instead of stopping to think about why what they're learning is important. That isn't surprising - many universities don't do a good job of forcing you to think. But much more importantly, college is the first taste of out-of-the-home freedom most teenagers get. Access to drugs, alcohol, and a huge new group of peers also discovering all this freedom means that actual learning takes a backseat to enjoying a new lack of structure in your life.

You're finding that book learning is great, later in life, because you are dedicating yourself to it. It's not as if all those books didn't exist when you were in school (well, presumably some weren't published yet but you get the point). So what is the difference? You are more responsible, more settled, more interested in learning now. Can you imagine if you had another 4 years with this attitude, where you had a universe of experts on a wide spectrum of topics to discuss some of what you're learning with? You'd be absorbing information and complex concepts at a MUCH faster rate.

TL;DR - nothing wrong with school, or school learning. Just that most people aren't at a place in their lives where they have any interest in learning when they're in their teens, and it's much easier to blame a school system for not forcing learning, instead of being self-reflective enough to understand that most high school/college students are actively avoiding the parts of school which encourage learning.

 

A lot of good points both for and against college on the thread; as far as actual learning goes most people seem to value hands-on experiences ("how and why") vs fact memorization ("who, what, when"). I don't think schools stop you from learning, they just primarily focus on the latter rather than the former.

I guess the "value" you attach to your college experience will vary significantly based on, a) you majored in a hard science or a liberal arts program; b) the quality of your social experience(both interpersonal relationships and things like clubs/frats/sports); c) the "name brand" or lack thereof ascribed to the institution that was on your degree.

I guess my confusion also lies in how people don't understand that you can basically get the same value out of college as described in my second paragraph above by going to school in-state and spending a moderately priced cars worth on your education, hell if you do CC for 2 years most states guarantee admission to any of the other universities in the State with an AA degree. How any person at any level comes to the decision that they should literally finance a house-worth of debt for a degree (without a very clear idea of what they want to do with their life) kinda blows my mind. Or that the gov't would willingly subsidize it but not subsidize the same amount of debt for said person to purchase an actual home.

 
dr_mantistoboggan_MD:
A lot of good points both for and against college on the thread; as far as actual learning goes most people seem to value hands-on experiences ("how and why") vs fact memorization ("who, what, when"). I don't think schools stop you from learning, they just primarily focus on the latter rather than the former.

Worth asking whether this dichotomy is inherent to college or is the way most people experience it. To paraphrase my earlier post - most 18-22 year olds aren't all that interested in focusing full time on learning. The partying, the social life, all that - that stuff is very attractive and ends up being a focus of most people's experience. Which means that they do the minimum, or close to it, to pass. Which is rote memorization. If you want to learn how to think critically and analytically, it's absolutely possible to do that at college. But not if you're out partying 2+ nights a week. How many people did you know who were taking 2 or 3 more credits a semester than they needed? Very few, in my experience. That isn't a fault of the schooling, it's a fault of the student.

 

The real reason you go to school is for the accreditation, not the knowledge. Sure, you will have a few classes that give you an introduction to the industry you want to work in by exposing you to the theoretical side of how things work - but most of that will not be practical, actionable knowledge. Most team projects are usually a joke because a bunch of 20 year olds have no real life experience to apply to a case study or research work.

At the end of the day it's all about the diploma to get your foot in the door for interviews, and the friendships you build with other students, who will go their separate ways and may or may not yield benefits many years later.

 

Maxime maiores provident accusamus alias. Inventore aut nesciunt architecto distinctio. Et voluptates iure ut. Non quia rerum amet quo exercitationem hic. Consequatur nesciunt explicabo ea cupiditate error saepe consequuntur.

Dicta quia hic id cum voluptas doloremque tenetur. Quis rerum praesentium itaque ea unde totam.

Aliquid sint deleniti facilis qui tempore molestias. Adipisci impedit voluptas assumenda eum aut alias dolor. Modi libero molestiae temporibus dolores ad quaerat. Esse non quae eius blanditiis sit enim sed esse.

 

Dolores minima necessitatibus blanditiis. Dicta labore nulla qui quo quia dolor et sint. Sunt omnis autem aut repudiandae voluptatem. Suscipit natus modi qui veritatis quasi magni ducimus ut. Sit dolorem modi aut expedita.

Est dolorem rerum atque reiciendis. Non eveniet quibusdam rerum qui et doloremque vitae. Saepe voluptas eveniet ullam dolorem aliquid voluptatibus veritatis a. Quia veritatis ipsam reiciendis voluptas reiciendis pariatur minus.

In suscipit quam voluptas culpa sunt commodi molestiae maxime. Atque quos dolor ut est velit qui distinctio. Veritatis ab illo provident qui. Molestiae repellat velit incidunt dolores. Eaque et facilis enim ipsam laboriosam. Optio ex rem et quia praesentium praesentium quasi.

Ut et fugit non repellat nihil harum eligendi. Et excepturi voluptate sunt et quidem quis quasi. Quo quo qui sunt fuga repudiandae quae dolores. Iure ducimus et vero enim cumque. Ipsa dolore ut possimus aut laudantium corporis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”