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"Some people will go out a lot of higher education and others very little," says Buffett. "It depends on the person, much more than it depends on the school."
The expenses and time required by higher education may not be worth it, Buffett said in an interview with Yahoo Finance editor Andy Serwer. Buffett said, referring to the university, "I do not think it's for everyone".
"It's a big commitment to take four years and the costs, and maybe the loans," he says. "There should be a reason for you to leave."
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Comments come in the middle of a careful review & nbsp;concentrated& nbsp; $ 1.5 trillion in student debt to Americans, a figure that has tripled since 2005. A survey conducted this month from & nbsp;GoBankingRates, which surveyed 500 Americans with a university degree, 42% felt that their degree was not worth the student debt he had created. But 88% said that they did not regret their final decision to go to college. "Data-reactid =" 19 "> These comments come in a context of extensive scrutiny focused on a total of $ 1.5 trillion in student loan debt among Americans, a figure that has tripled since 2005. A survey conducted this month by GoBankingRates, which surveyed 500 Americans with a university degree, found that 42% of respondents thought their university degree was not worth the student debt it had created. But 88% said they did not regret their final decision – go to university.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Massachusetts Senator Elizabeth Warren, presidential candidate of 2020 , proposed Monday a & nbsp;backup plan& nbsp; this would wipe out student loan debt for over 75% of Americans who benefit. "Data-reactid =" 20 "> The Massachusetts senator Elizabeth Warren, presidential candidate of 2020, proposed Monday a debt relief plan debt for more than 75% of Americans who are suffering from it.
Warren Buffett, President and CEO of Berkshire Hathaway, gestures at a bridge party in front of Berkshire's Borsheim Jewelry Store in Omaha, Neb., Sunday, May 6, 2018 (AP Photo / Nati Harnik)
"I did not really like going to college myself"
Buffett initially opposed the college attendance but eventually attended undergraduate and graduate programs in commerce.
"In fact, I did not like going to college myself," he says.
He applied to the university because his father, Howard H. Buffett, had advised him to take an undergraduate program at the Wharton School of the University of Pennsylvania.
"My dad has somehow amused me," says Buffett. "He could make me do anything. If they had passed a SAT test, at the time he would have done it for me.
Buffett attended Wharton School for two years, then was transferred to the University of Nebraska, where he earned an undergraduate degree in Business Administration. He then obtained a master's degree in economics from Columbia University.
Since 1965, Buffett has headed Berkshire Hathaway, which owns more than 60 companies, such as Geico and Dairy Queen, as well as minority stakes in Apple, Coca-Cola, among others. It has a net worth of $ 82.5 billion and has promised to give almost everything.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Max Zahn is a journalist for Yahoo Finance."data-reactid =" 48 ">Max Zahn is a journalist for Yahoo Finance.
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