alternatives to college

Mike Rowe's TV show Dirty Jobs puts him hip-deep into the roughest, toughest and filthiest jobs in America. But for the past two years, he's had a second occupation -- running MikeRoweWorks, a website and foundation that advocates for old-fashioned, honest blue-collar work.

Is investing in a college education money wasted? James Altucher, managing director of Formula Capital, says it is. In this video interview, Altucher argues that there are far better ways to put your money to work to benefit your kids. Controversial? You bet, but his ideas are certainly food for thought.