http://www.vladtv.com - "If you go to college for four years and you step out with a hundred thousand in loans, that you know you'll never be able to pay back in your life, you have to really ask yourself if that's the only way that you can get what you need."

Dr. Boyce Watkins in no way, shape or form believes going to college is a bad decision. He does, however, feel that there are other roads you can take in order to become successful. "What's the purpose of getting an education if you're going to die in debt?" he asks viewers in this exclusive clip. "I really don't think, in this current economic environment - given the changes that have occurred in America and in the world in the last 15 years - that college has to be the first and only choice for every family."

Throughout the video, Dr. Boyce Watkins gives his three reasons as to why people should not attend college. Aside from the obvious cost of college being extremely expensive, in his own words, "the economy has changed a lot." "There are studies that show that a White man with a criminal record has about the same opportunities of getting a job as a Black man with a degree. A White man with a high school diploma has as good of a opportunity to get a job as a Black man with a degree. So racism is real," he explains. "Black people are booted out of the economic system."

Watch as the established analyst explains why college-dropouts "are not stupid for doing so," as well as why he believes Google and YouTube are better resources than any university in the world in another insightful exclusive.

For more from Dr. Boyce Watkins, check out all of his posts on Financial Juneteenth.