Controversial advice from Grant Cardone: skip college and home ownership, invest in income-generating real estate

From Yahoo Finance: 2025-05-20 08:31:00

Entrepreneur Grant Cardone’s controversial opinions on college and real estate have stirred debate. He believes most people shouldn’t go to college due to free access to information. Data shows the ROI for a bachelor’s degree takes about 11 years to break even, costing an estimated $255,217. However, long-term earnings potential for graduates remains strong, especially in finance, engineering, and computer sciences.

Cardone argues that buying a house is a terrible investment due to ongoing costs without generating income. He suggests investing in income-generating real estate instead. Data from Bankrate shows the average annual cost of owning a home in 2024 was over $18,000, rising 26% in four years. Cardone’s advice focuses on financial growth, urging people to rethink traditional paths and make choices based on long-term value.



Read more at Yahoo Finance: ‘Most People Should NOT Go To College And A House Is A Terrible Investment’