Billionaire Michael Bloomberg suggests high school students skip college, and become a plumber instead.
Bloomberg’s reasons, which he shared at the annual meeting of Wall Street trade group SIFMA, and in an article on CNN Money, were:
- Being a plumber is a great job because you have pricing power, you have an enormous skill set.
- Students considering Harvard should do the math. You could pay $50,000 to $60,000 a year to Harvard or you could make that much as an apprentice plumber.
- He sees a lot of opportunity for middle class Americans entering the service trades.
- The former mayor claimed that such careers are more important now than ever as technology has made it so middle class professions don’t pay like they used to.
Is college worth it? What do you think?
