College: The Profitable Business of Enslaving Students

[BeatMan]

As a politician, your career lives and dies by the number of votes you get. During the 60’s, the public thought it only makes sense that they should be able to vote. To get someone to vote for you, all you have to do is promise to solve whatever their biggest pain point is.

College! This is The College Racket: History's Greatest Money Making ScamThe minute students could get loans so they didn’t have to pay out of pocket - colleges started jacking up their prices. Prices started going up, and it became a feeding frenzy. Colleges have started competing on who can have the best amenities to get that tuition money. And with more amenities, bigger campuses, bigger staff, our expenses have gone through the roof!Let’s take Rutgers University for example: they have over 71,000 students at an average of around $18.5k in tuition each.

But universities like Rutgers do have one advantage over these billion dollar companies, it’s that those billions are tax free. So, you opened up your college for business, you have all this tax free money pouring in, you can’t let it just sit there and collect dust, now can you? So what should you do with all this money?What you shouldn’t do is use it to lower tuition prices bc we gotta keep milking this house of cards for everything it's got! What you should do is hoard the cash - and start a hedge fund! But the problem is, if we call it a hedge fund, it would make us sound too greedy, too money hungry! So let’s call it an endowment! “But Jake, we’re in this too deep, we need student loans, schools should get tax benefits bc they’re educating our youth, endowments are important”. When you buy almost any product -

if it doesn’t deliver what it promised, you get a refund. So if the promise of a degree is that it’ equals success in the world, why don’t colleges and universities offer a money back guarantee if you don’t get a job?Now they say that “even though it's our fault that college is this expensive, this time it’s different - we’re just gonna give you free college. So vote for me, please!” I am not a fan of arbitrary student debt relief. I think a step in the right direction would be to let students declare bankruptcy just like any other debt.So why is the college racket possibly history’s greatest scam? Because most scams like Bernie Madoff ponzi schemes don’t last very long. But with college, the general public has been fooled for decades.

 

[BeatMan]

 

[jaF0]

if it doesn’t deliver what it promised, you get a refund. So if the promise of a degree is that it’ equals success in the world, why don’t colleges and universities offer a money back guarantee if you don’t get a job?

Now they say that “even though it's our fault that college is this expensive, this time it’s different - we’re just gonna give you free college. So vote for me, please!” I am not a fan of arbitrary student debt relief. I think a step in the right direction would be ...

... for the schools to refund tuitions and not to charge such high rates to begin with. I can see some basic higher level (beyond high school) at no charges, but specialized classes (law, medicine, engineering, etc.) would have a reasonable cost. Those costs should/could be paid for by the employers after graduation on some cost sharing basis between the student, employer and government/community benefiting from the education.

Without getting into any form of anything anyone could label as indentured servitude, I think studnets should be required to live and work within some reasonable distance of the school for some period of time after graduation. Give back to the community. This fantasy of 'going away to college' is nonsense doubletalk for party time!!!!..

There should be no reason for the student loan industry to begin with.

 

[BeatMan]

The Ultimate College Scam : Documentary on the Higher Education Conspiracy (Full Documentary)​

 

[RoryN]

First post is plagiarism. Reported.

 

[camburliyn]

As a politician, your career lives and dies by the number of votes you get. During the 60’s, the public thought it only makes sense that they should be able to vote. To get someone to vote for you, all you have to do is promise to solve whatever their biggest pain point is.

College! This is The College Racket: History's Greatest Money Making ScamThe minute students could get loans so they didn’t have to pay out of pocket - colleges started jacking up their prices. Prices started going up, and it became a feeding frenzy. Colleges have started competing on who can have the best amenities to get that tuition money. And with more amenities, bigger campuses, bigger staff, our expenses have gone through the roof!Let’s take Rutgers University for example: they have over 71,000 students at an average of around $18.5k in tuition each.

But universities like Rutgers do have one advantage over these billion dollar companies, it’s that those billions are tax free. So, you opened up your college for business, you have all this tax free money pouring in, you can’t let it just sit there and collect dust, now can you? So what should you do with all this money?What you shouldn’t do is use it to lower tuition prices bc we gotta keep milking this house of cards for everything it's got! What you should do is hoard the cash - and start a hedge fund! But the problem is, if we call it a hedge fund, it would make us sound too greedy, too money hungry! So let’s call it an endowment! “But Jake, we’re in this too deep, we need student loans, schools should get tax benefits bc they’re educating our youth, endowments are important”. When you buy almost any product -

if it doesn’t deliver what it promised, you get a refund. So if the promise of a degree is that it’ equals success in the world, why don’t colleges and universities offer a money back guarantee if you don’t get a job?Now they say that “even though it's our fault that college is this expensive, this time it’s different - we’re just gonna give you free college. So vote for me, please!” I am not a fan of arbitrary student debt relief. Moreover, you can always get money if you spend a little time and scour the Internet on this topic. When I came across https://casinosanalyzer.com/bonuses-by-countries/australia-aus I noticed that they have good bonus codes. And having full casino information, you can choose the appropriate platform for yourself and top up the required amount. I think a step in the right direction would be to let students declare bankruptcy just like any other debt.So why is the college racket possibly history’s greatest scam? Because most scams like Bernie Madoff ponzi schemes don’t last very long. But with college, the general public has been fooled for decades.

They can call it whatever they want. But in reality, they just want to make a quick buck off of you, and after that, they couldn't care less about your future. And they'll keep feeding you that line about how college is a must for everyone.

 

[BrightShinyGirl]

I’ll quote my professor husband on this:

“We have a hard enough time getting them to read the syllabus. We couldn’t indoctrinate them even if we wanted to.”

 

[Comshaw]

I’ll quote my professor husband on this:

“We have a hard enough time getting them to read the syllabus. We couldn’t indoctrinate them even if we wanted to.”

And why the hell should you have to get them to read the syllabus? Isn't that their responsibility? And no they aren't "kids". I was getting shot at by the time I was college age because I didn't go to college and didn't have a deferment from the draft. so how is it that when you send an 18 YO off to war they are "young men" but if their in college they are "kids"?

Besides as to college, I think Issic said it best:
View attachment 2333371
If you can't get them to learn, or they don't want to learn, toss their young ass to the curb and get someone in who does want to learn.


Comshaw

 

[BrightShinyGirl]

And why the hell should you have to get them to read the syllabus? Isn't that their responsibility? And no they aren't "kids". I was getting shot at by the time I was college age because I didn't go to college and didn't have a deferment from the draft. so how is it that when you send an 18 YO off to war they are "young men" but if their in college they are "kids"?

Besides as to college, I think Issic said it best:
View attachment 2333371
If you can't get them to learn, or they don't want to learn, toss their young ass to the curb and get someone in who does want to learn.


Comshaw

I didn’t refer to college students as “kids”

Students should read their syllabi. The fact that they often don’t puts paid to the assertion that liberal professors are indoctrinating the youth attending their classes. Professors don’t have that kind of power.

 

[Comshaw]

You didn't specifically refer to them as "kids". You did however insinuate they were too immature to read their syllabus, by inference and without any other explanation, leaving the impression they are "kids".

But that rant wasn't really directed at you. It was more to society in general. It just frosts my cookies that in one instance an 18 YO male is considered a man (with some very notable exceptions), in the other a kid. I guess a double standard is one of my extremely sensitive buttons.


Comshaw

 

[BrightShinyGirl]

You didn't specifically refer to them as "kids". You did however insinuate they were too immature to read their syllabus, by inference and without any other explanation, leaving the impression they are "kids".

But that rant wasn't really directed at you. It was more to society in general. It just frosts my cookies that in one instance an 18 YO male is considered a man (with some very notable exceptions), in the other a kid. I guess a double standard is one of my extremely sensitive buttons.


Comshaw

Modern college students aren’t “ too immature” to read a syllabus. No Child Left Behind created a generation that has been trained to take tests. If something doesn’t appear to correlate directly with their final grade they often (quite pragmatically) ignore it to the detriment of receiving a more-rounded education.