Upvoted. I have undergraduate commerce friends who want their degrees already so they can start on their mortgage. I asked them if they’d done a comparison with renting. They repeated the cached wisdom of “renting bad, mortgage good”, and “look everyone else is doing it”. I wish I had had this quote on hand—as it was I said something like “is everyone else mostly made up of commerce majors?” and didn’t really get my point across.
-- Salman Khan, Khan Academy
Upvoted. I have undergraduate commerce friends who want their degrees already so they can start on their mortgage. I asked them if they’d done a comparison with renting. They repeated the cached wisdom of “renting bad, mortgage good”, and “look everyone else is doing it”. I wish I had had this quote on hand—as it was I said something like “is everyone else mostly made up of commerce majors?” and didn’t really get my point across.
Could you give a specific video? This looks like an interesting site.
It’s from Renting vs. Buying a home (the quote might be in the part 2 or “detailed analysis” followup videos).
The videos there are on par with a first-rate college lecture. I believe Khan Academy is at the forefront of the growing anti-college revolution.
This is both insightful and highly quotable.