Mediaboss Marketing

While Altucher himself went to a Ivy League school, Cornell University, he says his computer science degree "was a waste. I put in my 10,000 hours of programming, went to graduate school [at Carnegie Mellon] for computer science and put in probably another 10,000 hours.

"Then I actually got a real job in the real world. ... My programming skills were so bad and this is after graduate school and undergrad at the two best computer science schools in the country, or in the top 10 they had to send me to remedial classes."

Rather than getting degrees, young people should focus on getting skills, he argues, which you can learn online, by going to the library and reading books or simply once you enter the workforce. "I have employees: They're experts on writing, finance, sales, the latest internet marketing, all of these things that are not taught in college at all because a lot of the skills were actually created yesterday and they have to keep up with them on a daily basis," he says. "What they're good at is learning what was created yesterday, and you build that on the job."

The rest is here:
Self-made millionaires say you should think twice before going to college - CNBC