• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessMark Zuckerberg

Mark Zuckerberg says college isn’t preparing students for today’s job market—this and the debt burden will create a ‘reckoning’ for higher education

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
April 29, 2025, 7:06 AM ET
Mark Zuckerberg
Mark Zuckerberg says college may be more valuable from a social perspective than preparing for a career.David Paul Morris—Bloomberg - Getty Images
  • Facebook founder Mark Zuckerberg, despite dropping out of Harvard, still values college for the life experiences and relationships it offers—such as meeting his wife and future business partners—rather than its role in career preparation. However, he voiced concerns about the current college system for being costly, leaving many students in debt, and not adequately preparing them for today’s job market. He added that society’s views are shifting on the necessity of a degree.

Mark Zuckerberg is one of a handful of famous billionaires who dropped out of college, yet he’s still an advocate of higher education. That being said, the Meta founder backed college as an opportunity for life experience as opposed to career prospects.

Recommended Video

Speaking to the This Past Weekend podcast with Theo Von in an episode released last night, Zuckerberg recounted the relationships he made while studying at Harvard—including meeting his wife, Priscilla Chan—and the positive impact of this on his life overall.

But college is no longer needed to land a role in the current jobs market, he added: “I’m not sure that college is preparing people for the jobs that they need to have today. I think that there’s a big issue on that, and all the student debt issues are…really big.

“The fact that college is just so expensive for so many people and then you graduate and you’re in debt.”

Zuckerberg—who until recently funded two tuition-free schools for low-income families—then agreed with a point made by Von that college students aren’t guaranteed any rate of employment after graduating.

“It would be one thing if [college] was just kind of like a social experience, but you started off neutral. The fact that it’s not preparing you for the jobs that you need and you’re kind of starting off in this big [financial] hole then I think that’s not good,” Zuckerberg said.

“There’s going to have to be a reckoning…and people are going to have to figure out whether that makes sense. It’s sort of been this taboo thing to say, ‘Maybe not everyone needs to go to college,’ and because there’s a lot of jobs that don’t require that…people are probably coming around to that opinion a little more now than maybe like 10 years ago,” he added.

Many Gen Zers doing the math on how much their degree could cost them are understandably alarmed. According to analysis from U.S. News & World Report, the average cost of tuition at a private college is more than $43,000 a year.

Read more from Fortune

  • This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now, they run a U.K. soccer team
  • Trump’s 25% tariffs are backfiring and threatening Gen Z’s trade career aspirations—putting car manufacturing jobs in peril
  • Gen Z women are being sold a risky dream: the realities behind ‘investing’ in designer bags like the Hermès Birkin
  • Like Tim Cook and Gen Z, AEG’s top exec eats the same lunch most days and wears the same outfit
  • Warren Buffett reveals the unique education strategy he took in school—and eventually paid off with a $170 billion fortune
  •  

    However, for some of America’s most elite schools that price tag has soared to more than $90,000 a year. Last year Ivy League colleges such as Cornell, Dartmouth, and Brown confirmed the price for the coming academic year was at least $91,000 before any financial aid or grants.

    And younger workers potentially saddled with debt are entering an exceedingly tight labor market, with the St. Louis Fed reporting that in February 2025—the most recent data available—there was approximately 1.1 jobs available per every unemployed person as demand for labor continues to cool post-pandemic.

    The value of college may be the people

    Zuckerberg, now worth $195 billion per the Bloomberg Billionaires Index, notoriously dropped out of Harvard after having launched Facebook from his dorm room.

    The tech titan was already on thin ice with the Ivy League school, having been called in front of a disciplinary hearing for creating a website named Facemash that encouraged people to vote between two individuals on who was more attractive. Some narratives have framed Facemash as a predecessor to Facebook, Zuckerberg added, which is incorrect.

    It was just prior to these disciplinary meetings that Zuckerberg met his wife, Chan, with whom he shares three children. And this building of human relationships is where Zuckerberg—who has since been given an honorary degree from Harvard—said college can be invaluable.

    “There’s a question of how much [college] is about learning and how much of it is about…learning how to be a grownup before you go out into the world,” the Meta founder added. “I mean for me the classes were fine, that was a fun sort of entertaining part of college. But I met a lot of people who were really important in my life.

    “I mean Priscilla, my cofounders at my company, a bunch of people who are still close friends to this day. So I think that’s almost more of it than like whatever class you took.”

    Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
    About the Author
    Eleanor Pringle
    By Eleanor PringleSenior Reporter, Economics and Markets
    LinkedIn icon

    Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

    See full bioRight Arrow Button Icon

    Latest in Success

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025

    Most Popular

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Rankings
    • 100 Best Companies
    • Fortune 500
    • Global 500
    • Fortune 500 Europe
    • Most Powerful Women
    • Future 50
    • World’s Most Admired Companies
    • See All Rankings
    Sections
    • Finance
    • Leadership
    • Success
    • Tech
    • Asia
    • Europe
    • Environment
    • Fortune Crypto
    • Health
    • Retail
    • Lifestyle
    • Politics
    • Newsletters
    • Magazine
    • Features
    • Commentary
    • Mpw
    • CEO Initiative
    • Conferences
    • Personal Finance
    • Education
    Customer Support
    • Frequently Asked Questions
    • Customer Service Portal
    • Privacy Policy
    • Terms Of Use
    • Single Issues For Purchase
    • International Print
    Commercial Services
    • Advertising
    • Fortune Brand Studio
    • Fortune Analytics
    • Fortune Conferences
    • Business Development
    About Us
    • About Us
    • Editorial Calendar
    • Press Center
    • Work At Fortune
    • Diversity And Inclusion
    • Terms And Conditions
    • Site Map
    • Facebook icon
    • Twitter icon
    • LinkedIn icon
    • Instagram icon
    • Pinterest icon

    Latest in Success

    Jamie Dimon
    Successthe future of work
    JPMorgan CEO Jamie Dimon says he welcomes government ban on mass-firing people for AI: ‘We’re going to cure a lot of cancers’
    By Preston ForeJanuary 22, 2026
    18 hours ago
    Fired worker leaving office
    SuccessLayoffs
    Despite promises that AI will create more jobs, 1.2 million jobs were actually slashed last year—a grim throwback to losses from the 2008 financial crisis
    By Emma BurleighJanuary 22, 2026
    18 hours ago
    valentino
    SuccessObituary
    Valentino, one of the first Italian designers to succeed in France, defined the iconic female with bold reds and silhouettes—sometimes problematically
    By Jye Marshall and The ConversationJanuary 22, 2026
    18 hours ago
    SuccessMost Powerful Women
    Michelle Obama clarifies her famous ‘Go high’ motto: It’s not about anger or pain, but more about putting a safety lock on a gun
    By Sydney LakeJanuary 22, 2026
    18 hours ago
    SuccessThe Promotion Playbook
    McDonald’s CEO shares tough love career advice he’d give Gen Z and young millennial workers: ‘No one cares about your career’
    By Orianna Rosa RoyleJanuary 22, 2026
    19 hours ago
    mismatch
    Future of Workskills
    Welcome to the ‘skills mismatch economy’: The shift from roles to skills making your résumé—and your job title—meaningless
    By Nick LichtenbergJanuary 22, 2026
    19 hours ago

    Most Popular

    placeholder alt text
    Economy
    'Some form of crisis is almost inevitable': The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns
    By Nick LichtenbergJanuary 22, 2026
    17 hours ago
    placeholder alt text
    Success
    Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers
    By Preston ForeJanuary 21, 2026
    2 days ago
    placeholder alt text
    Politics
    Jamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’
    By Eleanor PringleJanuary 21, 2026
    2 days ago
    placeholder alt text
    Energy
    Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue
    By Sasha RogelbergJanuary 22, 2026
    17 hours ago
    placeholder alt text
    Economy
    Jamie Dimon says he’d have no issue paying higher taxes if it actually went to people who need it. Right now it just goes to the Washington ‘swamp’
    By Eleanor PringleJanuary 21, 2026
    2 days ago
    placeholder alt text
    AI
    Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
    By Sasha RogelbergJanuary 19, 2026
    4 days ago

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.