🚨Chamath on Student Debt: The framing for an entire generation was probably wrong.

Education & Career Trends - A generation was strongly encouraged to pursue university education, often incurring significant debt [1] - The rationale was that technology would automate trade jobs, making university degrees a safer option [2] - However, the opposite has occurred, with skilled trades like electricians and plumbers becoming highly lucrative [2] - Trade professionals can earn $200,000 annually, potentially reaching a combined household income of $400,000 with no debt [3] - A debt-free $400,000 income may be preferable to a doctor's $1 million income burdened by debt [3] - Many graduates are saddled with $300,000 in debt and struggle to repay it [4] - The perception of job security may be flawed, with engineers potentially facing greater automation risks than welders and plumbers in the short term [4]