Repost: Alternatives to college ed and MBAs

A repost from another blog about the value of the time you spend in college and the alternatives you could take.
Especially wish to highlight the point that trying to start your own venture into your own interests is one of the greatest things you could do for your self-development (as opposed to college or an MBA):

http://tynan.com/hustle

Highlights:

"...9. Start a business after two years. With a full two years of self-education under your belt, you should have something useful to contribute to society. School makes you go from sheltered learning mode straight into real-world career mode. I think a better way is to have a transition, and to couple productivity with learning. Having that habit will ensure that you continue to perfect your craft as you get older. Your business can be anything-- a tech startup, publishing books you've written, giving speeches, making clothing and selling it online, whatever you're into. Read some business books before starting it and try to make money. One of the most common complaints I hear from graduates of traditonal school is that nothing they learned was actually applicable to real ife. Everything you learn from starting a business IS..."

"...Will this work for you? There's no guarantee, but I see people work pretty hard at school, and if that same effort were put towards the Hustler's MBA, I thnk the chance of being self-sufficient and prepared for "real life" is about 90%. I'd estimate that non-laywer/doctor college is somewhere around 50-70%. So, like anything, this plan is not totally foolproof, but I think it's a lot better and cheaper than the alternative..."