Is college necessary for a successful career in accounting?



Is college necessary for a successful career?

Check out the blog post here: http://bit.ly/CollegeWorthAT

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TRANSCRIPT:
When I think about college…

It’s not that there’s anything wrong with having gone to college…

I’m not going to beat you up.

I just think what’s going on is that right now you know…

The cost of college and the amount of time that you have to invest in college has gone up and up and up.

They want you to take more time.

If you want to be involved in accounting and you want to get a CPA license and go the traditional track…

The amount of money…

I mean, it’s gone up significantly…

I mean you’ll talk to people now that paid less than $10,000 for the full degree back in the day…

Then you talk to people now that are paying 100, 150, $200,000 for a full degree.

And so the costs are going up.

But the biggest problem isn’t that the costs are going up…

It isn’t that the time is going up…

The biggest problem that I see is the quality of the materials and the training and education is not improving at all.

I mean, some of this stuff actually wasn’t even relevant 10 years ago, much less today…

When you look at what’s actually being taught in these universities, you know the cost is going up…

The time and the commitment is going up…

But the quality of the education is going down.

And every single day it’s getting worse and worse.

It’s getting worse and worse because what’s available online…

Programs like AccountingTax.com…

What’s available now is just some of the best, most cutting edge material.

You can learn from one person.

One person that has dedicated their entire life and existence to solving this problem of being successful in accounting.

Having a successful accounting career…

Having a successful firm rather than just the person who happens to be the local professor…

That happens to live in Tulsa, Oklahoma, where I’m originally from…

And that happens to teach the financial accounting class there…

It’s like, well, is that really the best person ever that you could learn this from?

Or would you rather learn from someone that has been doing this…

Dedicated their entire life to it…

Has done it with thousands and thousands of people…

And so you know, it’s kind of like any industry now where it used to be you just learned from the little local history professor…

But now you can literally go on and you can learn from the best historian ever online…

And you can hear the most interesting and engaging stories with the most cutting edge research…

And so, college is something that made sense back in the day before we had the Internet…

But now with the Internet…

It just totally is getting broken down.

They’re not innovating on it.

I really just think it’s an ineffective and inefficient path towards being successful in accounting.

The general population has not woken up to this yet..

But one of the foundational beliefs that this company is built on…

Is that over the course of my lifetime, there will be a day where most people say…

“You know what? Maybe this whole college thing isn’t really worth it anymore.”

That’s going to change.

And then really at some point people are still going to have to get into these careers.

People are still going to have to be out there doing accounting…

But if they’re not going to go into college, they need somewhere else to go.

When you think about the AccountingTax.com programs…

That’s our fundamental goal.

It is to prepare for that day when the general culture wakes up and says…

“I don’t think that this method of education is worth it anymore.”

But we still need to figure out a way to get there…

To be successful…

To understand accounting…

To be able to be successful in an accounting career…

Where do we go?

That’s really what we’re trying to achieve every single day.

I think the problem is that at this point in time, the value is already not there.

It’s kind of like in 2006 and 2007…

Were the houses really that valuable?

Or had people just not woken up to it yet? And then there was a massive collapse and a massive crash.

I do think we’re at the exact same point with college where the value is not fundamentally there.

The costs are too high.

[Full Transcript Here: http://bit.ly/CollegeWorthAT]

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