Here in the United States, this is a big day for many high school seniors. It is College Decision Day, May 1st. It's when many seniors have to send in their deposits to college to secure a place in next year's freshman class. For many, this decision caps a long college application process. And to find out what it's been like, we visited a high school here in Washington D.C.
NICK VITALE: My name is Nicholas Vitale. I'm 18 years old and I'm a senior here at Gonzaga College High School. And I applied to six colleges.
The cost of college can range from $60,000 for a state university to four times as much at some private colleges. The total student debt in the U.S. now tops credit card debt. So a lot of people are asking: Is college really worth it?
There are several famous and staggeringly successful college dropouts, including Mark Zuckerberg, Bill Gates and Larry Ellison. You may not end up with fat wallets like them, but Dale Stephens says you can find a different education path.