In a devotional at the Salt Lake Institute, Elder Ballard shared with Latter-day students one of his biggest regrets. After Univeristy of Utah president, David Pershing, told students to put getting a degree on their life plan, Elder Ballard added, "His counsel for you to graduate, you ought to do that because I made a mistake. When I was taking business courses from professors here at the University, I’d gotten the crazy idea that I was making more money than the teachers were making. ... I was, I guess, a fairly good salesman, so I got confused and I didn’t finish my last year. I’ve regretted that my whole lifetime. I wish I’d had someone like President Pershing pushing me like he pushed you here tonight.”