wow, I'm really glad there's a video like this out there. to really explain how pathetic the liberal mindset is and how easily it can turn itself into a victim. students know when they go to college it will be expensive, and students know what they're getting into when they sign up for student loans. if you want to be able to pay off your 23,000 in debt then maybe you shouldn't spend 4 years earning an art degree that will get you nowhere. And maybe party a little less and focus more on homework
mentality & am now paying dearly 4 it.It's herd mentality that ppl 2 easily give in without true luv 4 bio & chem sci's & an oh so immature naiveness.Biotechnician student at a community college hoping 2 switch out soon.I find the subjects stimulating & moderately easy but at the end of day the only thing that matters work wise is yur profiencency at lab techniques.PLZ dont enter that field 4 money.A lot of stuff in that involves ppl's health @ stake whether in food or pharmacuetical making.
2:11 "To not talk about those risks borders on fraud". :) DARN RIGHT!
One thing I'd like 2 point out 4 anyone going 4 sciences:for u value your marks DO EVERYTHING u can 2 find out about the labs,lab environment & how their like in the work world.WAAAYY 2 often I hear kids say "Oh I'm going into life sci so I can be doctor".It's like they have no flipping idea bout how life sci labs r like & how 4 the most pt. there the *only* work enviroment 4 those degree types out there.I gave in2 that kind
And if they do divulge that information, fewer people will opt to partake in higher education, and the job market for those who have degrees will open up, while the uneducated will have even more trouble, due to more competition for lower paying jobs.
Additionally, the universities will not generate enough revenue to cover their costs, and will have to either raise tuition, which will only exacerbate the issue, or cut back on production.
@leeknivek Two wrongs don't make a right. Lots of these schools squeeze in extra students into classrooms, because all the overhead is paid and every student they get is an extra six figures full profit. They don't care to be honest about prospects. Money is a representation of work, and when we let these schools get away with "proof of work done" which they didn't do, then the economy takes a hit.
@jonmichaeljordan Value is subjective and therefore using it to represent someone's work is also subjective. So, there's really no way to get an objectively right amount of money to be paid for any one task.
College tuition is high, from what I understand, because of government interference. Government subsidizes college loans and grants so the colleges have an incentive to raise prices and get more money from it.
Students don't HAVE to get loans and go into debt, too, you know.
With these horrific student debts, shouldn't it be the role of the mathematician to solve this issue and present his paper to authorities and deal with this issue once and for all. Universities have all the best brains in the world and leave their students in these pathetic situations..? This is again, irresponsible and should be game for Math and Physics and science students and profs to solve;;;No..? A math formula....?
Uhmmm, I'm sorry, what? Not sustainable? Most European countries have been offering free education for their citizens for decades - paid for by taxes - at an infinitely cheaper price. Education costs in the US is the highest in the world but the quality of it remains in the bottom tier. And there is no price on having an educated population - at least not if true democracy is anything that you care to pursue. Take a look around the world before you open your mouth.
@Swirl78 You are obviously a dumbass socialist who has no idea about economics. Taxes are taken by force from people, that by definition is unsustainable. You are only lucky that people do not rise up against your lazy ass and say enough is enough. We will defeat communism and socialism,
@icl4ntic Because nothing is free. Tax payers cannot sustain paying for your education. You must work and pay for it yourself. This is a life lesson you must learn. Socialism itself is unsustainable. Look at Greece. Bankrupt! Learn the laws of economics.
@ArtisanTony What about Denmark or Sweden? Economics aren't laws. Economics is an analysis of how people behave in a marketplace; and there are two schools on that; behavioral and classical. In the end, in my opinion it's justifiable for the government to function as both a regulator and "business entity" to bring about an efficient, affordable, and available method to distribute certain vital services. Economics is a tool, but dont say you cant reach in and help the invisible hand.
I don't know. Call me crazy, but I think if you're smart enough to contemplate higher education, you can probably figure out that going into heavy debt to pay for it is, at best, a significant gamble on your part. The notion that an 18 yr old smart enough to get into college is just a naive babe in the woods and easily duped about all of this is ridiculous. Buyer beware. It's the individual's responsibility to learn the pros and cons whenever borrowing money is on the agenda.
@beardofzeus1309 Its all good until the malpractice comes and you haven't been able to keep up your malpractice insurance because the loan repayments are crippling you. :)
its not who you know its who knows you! in this world ... never forget that phrase! Its a phrase that has not only landed me my present job today but also earning the title of CO-CEO of my company ! Make sure people out there, especially the important people, benefit from knowing your name! have any other question? shoot me a inbox on my channel.
@nicholasviplife I like your thinking, but...you kind of glamorize it by stating your the co-ceo, which is awesome for you! I mean it, congratulations.
There can only be so many ceos, I won't insult you and call you lucky, you are probably a man of great social and business talents. Not everyone is capable of climbing to the top like that. There simply aren't enough positions like that. Take that argument i said and keep going down the chain, then these college kids are working at mcdonalds
You're blaming the product for the dumb consumer. That's like blaming someone who killed himself by eating a box of screws on the guy that sold him the screws - "You never told me I could eat them, its your fault." If you can't afford something, you have two choices: Buy it and accept the consequences, or don't buy it. Blaming it on the college recruiters, because they didn't tell you that it's bad to spend money you don't have, is like blaming the guy who sold you the screws.
not really, sense the guy who recruited you did tell you that you will get the job and be able to pay off your dept vairly easily.. sure you would bare some of the responsibility but the recruiter still gave you false advertisement and is at fault.
My father, uncle, and grandfather each worked for 30 years at their jobs without a college degree. They each completed college at various stages in their lives, not when they were 22.
Do not blame others for your poor planning. If you don't know how you can pay off a 23,000 dollar loan, you probably can't. Don't turn your nose up to menial labor, don't disregard scholarships, and always be on the lookout for friends who have connections.
@diaperlord He's talking about students too young to join the military. "It's frightening that we encourage young people, often when they're not even legal adults yet and can't legally vote and they can't legally join the military."
The age of majority was lowered from 21 to 18 during the Viet Nam "war." Kids were protesting that they were being drafted, yet they couldn't vote against the people who made those decisions. So, instead of not sending teenagers off to kill and be killed, they lowered the age of majority. In many states, you still couldn't buy cigarettes or alcohol, but that wasn't the point. Cannon fodder was.
My original principal balance when I graduated in 2006 was approximately $42,500. I have paid approximately $10,200 since then, but because of the way that the interest is structured my current principal balance is a little over $43,000. I had to take an hourly job not even related to my field of study to try to manage the debt. I certainly feel screwed. If I could sell my worthless degree back to the institution that I got it from I would do so in a heartbeat.
College is not a right. When I was graduating high school my father told me that if I wanted to go to college I would need to find a way to pay for it. And the same is true for the current students. You can't expect my taxes to pay for your luxury of college. The truth is that loan guarantees are a subsidy for the colleges. Tuition fees have increased at a much higher rate than inflation. And using the economics of scale with more students it should be cheaper. The college should finance the loa
I really wonder why people make stupid choices like this when we're living in this kind of horrible economic situation. Oh and btw higher education was never designed or ment to get you a job. It was made to make you a better human being.
Test scores have been increasing with each generation, in fact every year you'll get record no.s of people who have achieved high grade A levels.
Ok, useful? A scientist has to spend roughly 6 years in education, 4 to get his masters and another 2 for a PhD (and that's before going for a doctorate).
He will go into the market with a starting salary of about 20k, and this will not get above 30k any time soon.
And whats wrong with education for the hell of it?
@Inxanity Go learn some basic microeconomics and you'll understand why what you're saying is completely unreasonable. If people want to learn for the sake of learning, go borrow a book from a library and study at home - that's 'free' education. If they want a particular career they should do some research into how much getting a degree will cost, what the salary and likellihood of employment is afterwards etc. If the numbers stack up, get a loan -- if not, it's probably a bad idea.
@Inxanity Where did you get these stats?? One can have a BS and get a starting salary of $25-30,000 a year. It takes 2 yrs for a MS and 4-6 yrs for a PhD. Most science students getting a PhD go into research or medical research. Some get an MD instead of PhD. Granted graduate students will make anywhere from $24-30,000 a year BUT they don't have tuition. A post-doc makes ~$30-40,000 and an associate professor makes ~$60,000. Avg salary for science prof is ~$90,000.
I'm torn by this issue, one one hand, personal choice and freedom allows an individual to chose better schools for more money, or perhaps vocationals that will get you finished quickly. Versus, a community college, that takes longer, promotes the languishing of the student and competitive nature for classes. On the other hand, much of the cost of education is from our own government building an security system around student loans and involvement with banking.
Well if you want to go for the argument "If everyone just went to community college, the military, entered the workforce they WON'T be in this position", that'd be nice if it weren't for the fact that there is limited space for just about everything and that universities won't get revenue without students. In this horrible economy, jobs are either scarce (can't keep up with living expenses) or outsourced.
Sure, blame the middle class for not going into lower means in standards of living.
@MessyBeaver whos fault is that? you chose this for yourself..!! you coulda studied better, and get full ride somewhere! you can always apply to scolarships! you can get a good education and make more than 100k a year n pay your dept in few years!! you coulda gone to cheaper schools, or spent less! take some fuckin responsibility for your actions and stop blaming others for your failures!
@rami0iraq Hmm, So I'm going to take it that you didn't go to school in a COMPLETE FUCKING ECONOMIC COLLAPSE. You need to go to good schools in order to get anywhere (and thus more expensive), and even at that you'll get beat out for someone more qualified for the high paying jobs as you can never be qualified enough. You either went to school at least 15 years ago, or you haven't yet.Taking a job at damn near minimum wage is the only way I get by with a masters, thank you very much.
@MessyBeaver bro, i go to college now actually..!! ohio state if youre interested to know!! and im probably poorer than you!
stop blaming society and the economy! it wont take you anywhere! believe in yourself and work hard, it will pay off! you will get a good job..you can get qualified enough! its not that hard! it needs some manning up to do on your part..to take responsibility for your own actions..then act to improve! expecting free money or getting it would never solve anything!
@MessyBeaver What are you degrees in? Apparently, I have experienced this collapse completely differently. I am about to graduate with an Bachelors in CompSci; I have no debt, went to an inexpensive school and am currently looking at several positions and just turned one down in favor of a coding project that pays better. The job market in the Midwest is not too bad, some of the gov't work has dropped demand but there are still plenty of positions on offer to students in my department.
@AndreisEntaro Well, computer science is a rapidly growing field (good planning by the way). I, on the other hand, got a law degree. Kind of ridiculous now that I reflect on it but that was a few years back when everything was generally stable.
you are delusional. you could apply for scholarships but doesnt mean you win them everyone else is also applying for them. coulda studies better? maybe there were things going on that prevented him from doing that.
the ave salary of a college grad is 48k. the highest normal pay out of college is 70k. and that is IF you get a job.
also most jobs are gotten by connections and not skill.
@rami0iraq this is just a losing argument. If everyone takes your advice, there will STILL be a shortage as the economy only has so many positions for everyone to fill. There will always be those who are left out, it's just that now, with the collapse of the economy, the 'spots to fill' are drastically less than what they are meanwhile, tuition keeps going up. This is an issue to discuss and one that is NOT as simple as saying "work harder" as long as college is encouraged for all.
@donluchitti sir, many reports have shown that there are thousands of vacant jobs!! the problem is we dont have skilled people that want those jobs!! remember it is us who should pursue jobs not the other way!
seriously. Okay so I have a friend in Singapore and Bangkok (works out of both places as a headhunter) who has stated that the United States is currently going through a crisis of poor recruitment practices. Have you seen a recent ad for any entry-level position that even 5 yrs ago didn't require so much? on top of work experience they want ppl use to a certain email program already, they list too much, and qualified individuals see that the pay is too little thus vacant spots.
also to note for similar positions. I have found it much easier to just job hunt in other developed countries. The US is ridiculous. Some positions want so much work experience that the avg college graduate should've started working in that field when they were 12 years of age to get the entry level position. Anyway poor recruitment practices happen for a reason. Usually due to nepotism. But that is a whole other story to tell for another day.
@lordblazer The positions you refer to likely post those requirements as a wish list. Something like 70% of jobs in the US are filled by people who know someone in the hiring process. It is literally about who you know here. If you are deterred by the posted requirements then you will never find a position. Try sending in a resume anyway, then go talk to people you know. It's likely that you are no more than 3 people away from your next position. Networking is extremely important here.
@donluchitti Certainly it needs discussed. So what does one do when there are no jobs? One can demand the gov't save us or perhaps, say, start a business. Risky either way to be perfectly honest. But one provides jobs, the other provides gov't dependence. When you think about it: there is no logical reason the entire economy should be in shambles due to a reduction in house prices to 1998 levels. Perhaps it is not too far off to say one should get to work on something and try to be optimistic.
@AndreisEntaro The govt can't save us but the govt should stop-gap the leakage of jobs overseas, safeguard against a future financial bubble that grew in the first part of 2000 and in general, give corporations incentive to hire Americans. If we look at the 1990's and early 2000's, corporations left the US w/ govt support to get cheap labor overseas. The govt should now encourage them to start investing in America, this is what I ask. Inflation and the inadequacy of avg. wage is another prblm.
@donluchitti It's important to understand globalization and it's effects on the job market in this. The gov't can do little, if anything to stop the open trade that nations have, up to now, worked so hard to set up. The internet has been a driving force in that as have easy worldwide travel and the dropping of legal trade barriers. The net effect has been a boom of technical and manufacturing jobs in poor countries that need them and a corresponding lack thereof in ours.
@donluchitti If we want globalization, this had to happen; there is no avoiding the fact that, for all sufficiently repetitive jobs, there will always be someone in a poorer country willing to do it for less. And it ought to be asked: Is it ethical of us to artificially deprive them of those opportunities? Given that our poorest are richer than much of the world as it is, it seems obviously not. I think US citizens have an opportunity here to re-think what they have on offer to the world.
@donluchitti all of those are either terrible ideas or incorrect statements. the government didn't encourage companies going overseas. they forced them out by increasing corporate tax. if you want jobs back in america then decrease the corporate tax and get rid of tax subsidies. in the meantime, if you want a job then increase your skill set and turn yourself into the best in your field. dont expect a job just because you attended university.
its all nice and dandy that you say that. sure it will improve your chances but it doesnt mean you will get a job after school. the point is that there are factors that a student cannot control. such as the economy for ex.
he could have started going to school in a field in high demand but then the economy failed and even thought he did all the right things he still has no job. even if his tuition was cheaper he is still 10s of thousands of dollars in dept and no way of paying it.
@Crazylalalalala i still sont fuckin get why youre whining bro!! you havnt even fuckin graduated yet...!! this behavior of yours is pathetic! work your best and hope for the best..! demanding free money is the stupidest shit on earth and would only make it worse..!!
theres nothing dandy about it...i fuckin work my ass off...!!
3. too easy to get in and stay in. schools should not be keeping students that hardly pass the tests like they do these days. things like curving grade should not be allowed.
4. High school should have more value to it so that fewer people need to go to college.
5. adding to point 1. most programs teach things that will never be used in the real world thus prolonging the time a student stays. pointless elective should be optional.
@Crazylalalalala okay...i agree with you in most of what you said, though i might differ on some key issues. but i dont have the time to dicus them here..
really dude? I don't see anything near that 48k. I'm making not even 2k this year. Anyway I kinda purposely took this route to get into a better peace corps program and for their MI program to get my Master's. Also I did make more bank when I was studying in Japan before the quake hit. So I had some cash saved up. Anyway as you said most jobs are by connections not skill. For entry level positions being advertised, no one out of college can meet them.
that is the static i found on MSN. that is if you found a job after college. i am in a similar situation to yours. i went to a great school (2nd best in the field i have chosen) and cant find no work. in fact only 10% of my class has work now and 90% of them work for their parents and it has been over a year.
there really isnt much that i could have done differently.
sense im neither a minority nor a woman i dont know for sure if its any easier for them but its still very difficult even for them. typically scholarships are offered to people who would have a harder time to concentrate on their studies. but the cost are way too prohibiting to the fast majority of people.
OU in oklahoma tuition cost 10k a semester with fees your cost goes between 15k-20k. Outta state is 20k-30k a semester. I forgot to tell you that out of the Big 12 its still the cheapest state university to attend.
actually it was so much cheaper to do my study abroad programs (OU paid for my travel and living expenses with scholarships) that I actually saved a lot of money on fees I didn't have to pay. It was interesting. Anyway I'm not 100k in debt, and with that being said that is the key difference. I stayed in state because I had the OHLAP scholarship that Oklahoma offers its residents. I think students should look into these options.
@lordblazer im sorry, my time is too valuable to waste on answering every word you said...can you summerize what your SOLUTION is ? if you wanna whine, go somewhere else, i dont tolerate whiners !! come up with a solution or stay quite!
If you think education is free then go live in a communist county. Don't join the military for free education you bunch of freeloaders. This is the part of the problem. Everyone is looking for a hand out. Two words for ya...HARD WORK! If your parents are rich, it’s because either they worked hard or their parents worked hard or their parents worked hard. There is work out there for those willing to work hard....are you?
then you ignore things like Jim Crow and other forms of discrimination that locked ethnic minorities out of attending universities, and taking up certain occupations. Your simplistic worldview is frightening. Move your ass to Hong Kong.
@lordblazer You can live your whole life feeling “oppressed” or you can channel all that energy and time that you seem to be spending fighting “the man” on better things. You seem to be smart, don’t waste it. The world is not out to get you. Just contribute your talents the best you can, where ever you can. Instead of complaining on how hard life is.
lol I'm not living my whole life like the man is out to get me buddy. I'm busy taking care of things at the moment. Almost had a legal battle with my university for trying to charge me for a missing spring semester after they had cancelled it due to the tsunami/nuclear disaster(glad I am alive), and well dealt with that, and now enjoying my thanksgiving with the fam that I haven't done since 2007. preparing to expat it again save up some cash or go to graduate school.
anyway dude I'm not complaining. Also nothing is wrong with pointing out injustice when you see it, and when it goes unaddressed too long unrest does happen especially when a correlation is made that things shouldn't be this hard, and are intentionally being done for a number of reasons. red shirt movement in Bangkok is a testament to that. was a witness to it. witnessed injustices in China, witnessed them in Turkey, in Japan with residents of Fukushima, etc etc. no conspiracies.
anyway dude don't worry about me, I'm not wasting my talents. I kinda did choose fields which puts me in a position that forces me to see what's happening. Because it gives me the understanding of why for example black americans have a cultural meme of no matter what you do you will never succeed. Because the black experience in the US has been that way until literally my generation. so I don't play blame the victim, but you mistake it for me thinking of conspiracies.
@Inxanity However, it is also unethical to require people to work for free. The knowledge is out there for free; however, many people want someone to teach them. What may be required is a paradigm shift in education. There is so much knowledge out there it is impossible to learn what's needed in 4 years and the 12 preceding years is not terribly helpful either, at least in the US. However, I have learned much in my spare time from internet sources and books; both of which can be free/cheap.
@Inxanity There is no such thing as a free lunch. Fact: public funding for education has been sky-rocketing consistently; test scores haven't changed. It doesn't work. Back pack systems and private schooling do.
And if you don't want debt, don't take out a loan. If you do, don't get a BA in philosophy or English ie choose a route that diminishes the likelihood you can get a high paying job. No one forced you to sign for the loan. I signed for mine because I'm doing something useful. Grow up.
@Inxanity that's ridiculous. You expect teachers to teach for free? Have you been to a high school recently? I'm a student and I know what students are like and there is no way i'd ask a teacher to work in such environments without compensation. not to speak of the resources that running such institutions requires.
saying 'education should be free' is all well and good but you really must think before you make such statements.
@Serioslump You also must think. Nobody is suggesting teachers work for free. Inxanity never said anything like that. High school is free is it not? (To students at least, I get the whole "it comes from taxes thus isn't free" thing). Why can't universities and colleges work the same way? Or take a look at Australia's university system.
@Inxanity btw what i'm obviously referring to is RECOGNISED education (degrees, etc). people can learn as much as they want (via the internet, books, etc) but an actual CLASSROOM costs money and to say expect is completely delusional.
@Inxanity You're retarded. Education is not a right to anyone. Let's put this into a real life scenario. I'm a professor at a university and went to school for 10 years to achieve my Ph.D, and now because of your retarded, stupid, unrealistic, unreasonable, illogical, unsubstantiated drivel, you think I should work and educate others for free. Do you believe the government should pay for it? If so, where do they get the money, from who's pocket are they taking it from? Nothing is FREE
@MeansofSurvival But there are other, and better ways, of dealing with the cost of post-secondary education. Look at Australia's system for example. Canada and the US are pretty much the only two developed countries that don't offer nearly completely state-funded university education and the people of these two countries, particularly in the States, are obviously suffering from it.
Hippy. We don't all throw grenades but we should respect them still. Keep crying to your parents asking for them to help you on your loan. Maybe you can live with them too.
@samm1809 Do you thin you know me? I'm not a dumb kid. I earned a 4.0 GPA in high school and saw the job market down the drain. I was not going into debt so I joined the coast guard. I'm not joining the marines where you pretty much ask to die while your family gets $400k. I joined the coast guard to be a cook for 4 years at a land unit. Tell me how psyhologically messed up I'm going to get. It's like a Starbucks job but I get paid more, dental and health care free and education paid.
hey man, my dad fought in the marines as an officer. I take offense to that as a military brat XD. Anyway my family said if I ever consider the military. Airforce officer's training is the way to go. Coast Guard isn't bad either. Anyway man you were in a position to where you saw a bad economy, and bad cost. To be honest you could've gotten full ride scholarships in Japan, Taiwan, China. Singapore. Free tuition in Norway, cheaper schools in Canada (Mcgill, UBC), etc. consider plz
Join the military for 4 years, get started with a savings, mature a little bit. Finish off the 4 year contract. Use G.I. bill to go to ANY public school for free for 4 years. So I'm using 4 years of my life. But I graduated when I was 17 so when I'm 25 I will be debt free, out of college with money in my pocket looking for work. Worst case scenario I can fall back onto the military and become an officer with my 4 year degree. I don't see why we have to jump into debt so early in our lives.
@jackaces08 I've seen plenty of people take that road and come out of it psychologically and physically damaged. More than enough to make them regret it. Not everyone is comfortable in a situation where they have to take orders without question and will likely have to kill people or possibly get their face or limbs blown off because orders are orders and rich people want oil. To me, my moral integrity and personal sense of virtue is more important than good benefits. And no, I'm not a hippie.
I'm sorry but you have to be 18 yo min to get a loan on your own. if you are graduating with a BA, MA, or PHD and you can't figure out you are in debt with no way to pay it back you shouldn't have a degree. Your too dumb. So save up for school, go to the military, get a part time job or if you take out a loan be prepared to pay it back. That is being an adult. Grow up and don't expect anyone to pay for your debts. No one is paying for mine except me.
@RevFastEddy It's not that they don't know their in debt... It's that they know their in debt and can't do anything about it because there are no jobs out there... Any jobs that are out there always call for a degree and some sort of experience which you may or may not have. It seems you need to look at Americas situation a little closer.
@HowdyMcGee Thats the same attitude an alcoholic has.. I know I will get drunk if I drink and I know I will have a hangover if I quit drinking therefor I will always drink and justify it because it is unfair that a hangover is the price for indulgence. Debt is the price for borrowing.. So now your in debt. Don't blame someone else for your lack of paying as you go.. Either accept responsibility of debt or don't borrow.
@RevFastEddy Right thats the problem to our solutions! Stop burrowing money, then we can just skip getting a bachelors degree. Who needs computer technicians or large machine operators. Then when our economy gets better and jobs open up only a selected few "rich" people who paid for their educations out of pocket will get the jobs. This sounds great. Our education system will just go further down the drain and the gap between rich and poor will be be even more extended...
hangover is inevitable when drinking. Anyway if it was that simple then student loan debt wouldn't be a huge crisis we currently have in the US. You truly think that a majority of unemployed graduates are just irresponsible? I know engineers that are out of work so don't pull that "study a real subject" line on me.
In the UK our student debt is approaching US levels. The plus for us is that we can default if we haven't paid it off in 30 years, and if we earn below £21k we dont have to pay anything. And the interest rate is at RPI if we earn under £21k. The bit that annoys me is that outstanding debt whilst you are still studying has an interest rate of RPI plus 3%.
Also, another point I would like to make is that its sad that we have come to a point where the state of our economy dictates what we go to school to study. We cannot simply be what we want to be anymore; a person thats passionate about art cannot go to college and graduate with a degree in art and expect to survive in our society. We now have to go to school for what guarantees prosperity in our economy, i.e. health care, and downgrade the things we are passionate about to mere hobbies.
@GISamurai I'm sorry but can you please tell me about this time in history when people could could study whatever they wanted and expect to make a living off of that? The "economy" being every person who makes any kind of buying decision, determines what occupations are valuable or not. So doctors and engineers will always be in more demand than artists and literary critics because people find those services more valuable. Its only when a society becomes rich enough, can artists survive.
@daveyg07 Sure, the 90's was a good time for college graduates. Your last sentence says it all. During these times America's economy was much more stable and various industries flourished. Obviously, I know you can't make much a living off just anything nowadays, but there again lies the flaw in our education system. Why would schools offer degree programs that have no significance in today's economy? In order to prevent expensive ignorance, schools need to better inform prospective students.
He makes a key point at 1:42 regarding the salesmen of education. Does this remind you of something; the predatory lending tactics used by mortgage companies; i.e. Fanny Mae, Ameriquest Mortgage. At this rate, the education system is bound to crash and burn in a similar fashion. There needs to be an education reform where the costs of education are significantly reduced, limiting the leverage power these financial institutions have on students.
Really? My intro to CS professor gave stern warning about drop-out rates and the real required behaviors for high income in the field. And I got the same speech from another instructor. I had a complete package of proper warning from the very first year.
I think it depends on the institution. But I've never felt I didn't get enough warning. I got fair warning.
Nothing is free. Basically the poor and lower middle class people are paying for the higher education of the future upper class, and they will never get any real benefit for paying it.
I'm sorry, but why on earth would anybody decide to take out $100K + in loans just for college? That is just idiocy! Yes the system is undeniably messed up, but students should also have enough sense to weigh the costs to the benefits. I have student loan debt, but I also knew where to draw the line realistically!
Its absurd that the US system of education creates the braindrain to Asia. It just lacks any common sense for survival of a nation to not do something about this and not change the system.
no deary, i live in the real world. tired of arguing with the intellectually inferior. your kind are nothing but well heeled beggars. bye lazy children
i wasnt talking about the military as an option you moron, i was trying to compare my predicament, my life risked daily for $185 a month, as to yours of paying back a loan which theorectically will garner you a decent job. you want everything given to you. you probably want world peace, no hunger, ad nauseum. THE WORLD AND SOCIETY OWES YOU NOTHING. Get a tin cup and pan handle, Fend for yourself little boy. You are a parasite.
I'm lucky I live in a country where student debt is paid back through auto wage deduction depending on income level as an incremental system... I would never have gone to university in America.
I don't understand why people are talking about the military as if it's some kind of fallback option that anyone can do. The armed services in this country require an uncommon depth of character and strength of conviction. This not a path you should pursue because you can't do anything else.
@kinito1 Indeed, while I was just beginning secondary school I was able to determine that most of the things people take loans for are a bad deal. It took only a cursory understanding of compounding interest to realize that the adjustable rate loans so widely pushed pre-2008 were bad and the same understanding drives me to finish college with 0 debt. I have not found it difficult, much less impossible, to live debt free so far. You do have to think carefully about finance decisions though.
you whining deadbeats, at your age i was dodging bullets in vietnam for $186 a month. grow up, get a part time job, move to denmark, go live with your mom if your not still there. you dont look like your starving, get a degree in something other than social science, you obviously dont think you can get a job in whatever woose field your studying now. GET A LIFE little boy
The problem is that the government is guaranteeing loans and telling students to go to college. Colleges then raise their prices when students come rushing in with borrowed cash. The simple fact is too many people are going to college. College is not necessary for many jobs, even those that require or suggest a college degree. Employers, in many circumstances, are using a college degree as a proxy for a job candidate's motivation, when in fact there are much better proxies available.
@countergnom ... so you're saying that a hiring committee would rather hire you, for being on the internet than a kid who spent 4+ years getting degree(s)?....
@litojonny No dooby, I'm saying that you learn a hell of a lot more from doing independent research and reading about what you're interested in than by going to college. I must have misread my own comment, because I didn't see where I claimed that actual knowledge will give you an edge over someone with a degree.
@litojonny many successful people never graduated from college since it was a waste of time (how about Albert Einstein, Bill Gates, Mark Zuckerberg, Steve Jobs, Michael Dell, Richard Branson). You are foolish to think that college learning is the only way to learn. Charles Dickens and Mark Twain didn't even graduate from *grade school*. If you are interested in something, you can learn far more through self study than you would learn in any class.
@Dysangel1983 First of all, Charles Dickens and Mark Twain lived in a different time when college wasn't as important as it is now. Secondly, using a handful of famous people as proof that you don't need college is stupid. A handful of people were talented and lucky enough to make a fortune, but there's a reason why there are only a handful of them. Especially in this day and age, holding out on getting lucky is foolish. There are hardly any jobs available for people without a college degree.
@TehLB I didn't say people don't "need" college. I went to University because I knew it would make it easier to find a job. LitoJonny basically asked "who ever did research (ie studied/learned stuff) without going to college?", so I answered with some people that he should have heard of. Making a fortune has nothing to do with it.
Besides, the majority of jobs don't require degrees. Maybe you mean "there are hardly any jobs that I'd stoop to".
@litojonny You are asking me to name for you 5 people who have researched something they are interested in without going to college? Most people have at one time or another educated themselves on something that interests them, whether they went to college or not. The answer to your question as I understand it is extremely broad and encompasses almost everybody. Perhaps I misunderstood your question.
What price do you put on the highest education thats available ?
The present financial climate dictates the inevitability of a shortfall of opportunities.This being the case,the ones who wish to pursue a higher level of education should heed the advise of their elders.
Its obvious that financial gain is in the eyes of those seeking a higher level of education,this being the fact then the expense you incur is a gamble.
In days gone by,you may have been rewarded,not any more.
@ArtisanTony Maybe, but the working theory here is that the people with better education earn more and pay more tax and perpetuate the system that way, and although it may be easy to find holes in the system from the outside it has been sustaining itself for quite some time now.
@CDragnetti I would not say it is sustainable. Maybe it has been propped up through debt but eventually you will see what other countries have found out the hard way. There is no such thing a s a free lunch.
@ArtisanTony Well I guess this is one of those things that only time will tell, but as it stands now Germany has one of the strongest economies in the EU and America with the highest some of the highest education cost in the world is in the worst position it has been in in a very long time. I'm not saying free education is the answer but I am saying that it's obvious that what they've been doing so far has not worked.
@CDragnetti Right, and that is why people come from all over the world to be educated here. No one forces anyone to get loans or even get and education. This is a free country and people do what they feel is right for them so they should pay for their education. You have a socialists mind set so there is really no need to discuss this with me.
You mean they will have to go out and get a real job and get their little hands dirty to pay off this debt...OH NO! If you were good enough in school you would have found a job in your field. Suck it up and go find some work! No not at Starbucks. You go WHERE EVER they pay you money. Even if they warned you about what COULD happen, what you would say ...oh wait a minute ...I better not take this hand out for my education. Stop complaining. Go get a job, pay off you debt and be thankful!
Join the military... finish your contract and get effectively free school afterwards with the revised GI Bill. Some states like Texas will cover 150 more credit hours on TOP of that, so you can have in effect a free master's / 1st professional.
Sorry but people who join the military just to get an education are idiots and education isn't going to help them much ;).
In between the high mortality rates, unjustified deployment (like with iraq) and how you're treated by drill sergeants (they break you down, make you feel worthless, demoralize you, till there is nothing left of the old YOU, then they start rebuilding a SOLDIER), I'd rather go through life without even a high school diploma than serve in any army.
@TopJewShalom Hey, I found out some time ago that they actually have a good 401K program, which was quite surprising. :P That aside, there is the option of studying in Europe... many places have extremely low cost to virtually free education. In my case I want to do some post-grad studies in Norway, and largely my only expenses will be for living arrangements.
I work with people who went to school for years, I stopped after high school and they kept going, now we're at the same place at the same salary, difference is i got money put aside for when I'm old, i have a house, a car and some money put aside in case something goes wrong.
All they have is a crappy apartment, a half broken car and an ever farther retirement... On top of their debts.
wow, I'm really glad there's a video like this out there. to really explain how pathetic the liberal mindset is and how easily it can turn itself into a victim. students know when they go to college it will be expensive, and students know what they're getting into when they sign up for student loans. if you want to be able to pay off your 23,000 in debt then maybe you shouldn't spend 4 years earning an art degree that will get you nowhere. And maybe party a little less and focus more on homework
490310001 2 days ago
mentality & am now paying dearly 4 it.It's herd mentality that ppl 2 easily give in without true luv 4 bio & chem sci's & an oh so immature naiveness.Biotechnician student at a community college hoping 2 switch out soon.I find the subjects stimulating & moderately easy but at the end of day the only thing that matters work wise is yur profiencency at lab techniques.PLZ dont enter that field 4 money.A lot of stuff in that involves ppl's health @ stake whether in food or pharmacuetical making.
yoyoyoy500 2 days ago
2:11 "To not talk about those risks borders on fraud". :) DARN RIGHT!
One thing I'd like 2 point out 4 anyone going 4 sciences:for u value your marks DO EVERYTHING u can 2 find out about the labs,lab environment & how their like in the work world.WAAAYY 2 often I hear kids say "Oh I'm going into life sci so I can be doctor".It's like they have no flipping idea bout how life sci labs r like & how 4 the most pt. there the *only* work enviroment 4 those degree types out there.I gave in2 that kind
yoyoyoy500 2 days ago
And if they do divulge that information, fewer people will opt to partake in higher education, and the job market for those who have degrees will open up, while the uneducated will have even more trouble, due to more competition for lower paying jobs.
Additionally, the universities will not generate enough revenue to cover their costs, and will have to either raise tuition, which will only exacerbate the issue, or cut back on production.
rossplendent 5 days ago
it's a lot of debt for a 56 year old too!....looks like my husband will be paying his student loan out of his social security....
barber0611 6 days ago
Those students should not have taken the loans, then!
leeknivek 1 week ago
@leeknivek Two wrongs don't make a right. Lots of these schools squeeze in extra students into classrooms, because all the overhead is paid and every student they get is an extra six figures full profit. They don't care to be honest about prospects. Money is a representation of work, and when we let these schools get away with "proof of work done" which they didn't do, then the economy takes a hit.
jonmichaeljordan 1 week ago
@jonmichaeljordan Value is subjective and therefore using it to represent someone's work is also subjective. So, there's really no way to get an objectively right amount of money to be paid for any one task.
College tuition is high, from what I understand, because of government interference. Government subsidizes college loans and grants so the colleges have an incentive to raise prices and get more money from it.
Students don't HAVE to get loans and go into debt, too, you know.
leeknivek 1 week ago
With these horrific student debts, shouldn't it be the role of the mathematician to solve this issue and present his paper to authorities and deal with this issue once and for all. Universities have all the best brains in the world and leave their students in these pathetic situations..? This is again, irresponsible and should be game for Math and Physics and science students and profs to solve;;;No..? A math formula....?
444719abcx 2 weeks ago
nobody asks to be born, we are all product of love turned into a lust one night.
nobody asks to be educated, we are all product that are programmed to sustain economic model
teja722 2 weeks ago
This has been flagged as spam show
Uhmmm, I'm sorry, what? Not sustainable? Most European countries have been offering free education for their citizens for decades - paid for by taxes - at an infinitely cheaper price. Education costs in the US is the highest in the world but the quality of it remains in the bottom tier. And there is no price on having an educated population - at least not if true democracy is anything that you care to pursue. Take a look around the world before you open your mouth.
Swirl78 3 weeks ago
@Swirl78 You are obviously a dumbass socialist who has no idea about economics. Taxes are taken by force from people, that by definition is unsustainable. You are only lucky that people do not rise up against your lazy ass and say enough is enough. We will defeat communism and socialism,
ArtisanTony 3 weeks ago
@ArtisanTony How is it unsustainable?
icl4ntic 2 weeks ago
@icl4ntic Because nothing is free. Tax payers cannot sustain paying for your education. You must work and pay for it yourself. This is a life lesson you must learn. Socialism itself is unsustainable. Look at Greece. Bankrupt! Learn the laws of economics.
ArtisanTony 2 weeks ago
@ArtisanTony What about Denmark or Sweden? Economics aren't laws. Economics is an analysis of how people behave in a marketplace; and there are two schools on that; behavioral and classical. In the end, in my opinion it's justifiable for the government to function as both a regulator and "business entity" to bring about an efficient, affordable, and available method to distribute certain vital services. Economics is a tool, but dont say you cant reach in and help the invisible hand.
icl4ntic 2 weeks ago
@icl4ntic If you are denying the laws of economics then you are a waste of time to discuss this with. I suppose you deny the laws of physics also.
ArtisanTony 2 weeks ago
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Swirl78 3 weeks ago
I don't know. Call me crazy, but I think if you're smart enough to contemplate higher education, you can probably figure out that going into heavy debt to pay for it is, at best, a significant gamble on your part. The notion that an 18 yr old smart enough to get into college is just a naive babe in the woods and easily duped about all of this is ridiculous. Buyer beware. It's the individual's responsibility to learn the pros and cons whenever borrowing money is on the agenda.
swebbie 3 weeks ago
@swebbie agreed
lucasbudega 2 weeks ago in playlist Truth + Justice
Go in the medical field, people will always get sick and die.
beardofzeus1309 1 month ago in playlist Truth + Justice
@beardofzeus1309 Its all good until the malpractice comes and you haven't been able to keep up your malpractice insurance because the loan repayments are crippling you. :)
EmmittBrownBTTF1 3 weeks ago in playlist Uploaded videos
I'm not going to college. Because fuck it
ferntheflower 1 month ago
its not who you know its who knows you! in this world ... never forget that phrase! Its a phrase that has not only landed me my present job today but also earning the title of CO-CEO of my company ! Make sure people out there, especially the important people, benefit from knowing your name! have any other question? shoot me a inbox on my channel.
nicholasviplife 1 month ago
@nicholasviplife I like your thinking, but...you kind of glamorize it by stating your the co-ceo, which is awesome for you! I mean it, congratulations.
There can only be so many ceos, I won't insult you and call you lucky, you are probably a man of great social and business talents. Not everyone is capable of climbing to the top like that. There simply aren't enough positions like that. Take that argument i said and keep going down the chain, then these college kids are working at mcdonalds
raramstad 3 weeks ago
I never went to college. Because fuck it.
ProJanitor 1 month ago
You're blaming the product for the dumb consumer. That's like blaming someone who killed himself by eating a box of screws on the guy that sold him the screws - "You never told me I could eat them, its your fault." If you can't afford something, you have two choices: Buy it and accept the consequences, or don't buy it. Blaming it on the college recruiters, because they didn't tell you that it's bad to spend money you don't have, is like blaming the guy who sold you the screws.
Kree19 1 month ago
@Kree19
not really, sense the guy who recruited you did tell you that you will get the job and be able to pay off your dept vairly easily.. sure you would bare some of the responsibility but the recruiter still gave you false advertisement and is at fault.
Crazylalalalala 1 month ago
My father, uncle, and grandfather each worked for 30 years at their jobs without a college degree. They each completed college at various stages in their lives, not when they were 22.
Do not blame others for your poor planning. If you don't know how you can pay off a 23,000 dollar loan, you probably can't. Don't turn your nose up to menial labor, don't disregard scholarships, and always be on the lookout for friends who have connections.
Develop a skill. That's the only way.
117ty 2 months ago
I disapprove of his hair.
ChristFavorsME 2 months ago
It's Unethical to have dept in the first place...
Quiestre 2 months ago
"Can't join the military" Why not? I did, and got through my MA with no debt, and even managed to buy a house without going into debt.
diaperlord 2 months ago
@diaperlord He's talking about students too young to join the military. "It's frightening that we encourage young people, often when they're not even legal adults yet and can't legally vote and they can't legally join the military."
KitSays 2 months ago
The age of majority was lowered from 21 to 18 during the Viet Nam "war." Kids were protesting that they were being drafted, yet they couldn't vote against the people who made those decisions. So, instead of not sending teenagers off to kill and be killed, they lowered the age of majority. In many states, you still couldn't buy cigarettes or alcohol, but that wasn't the point. Cannon fodder was.
YY4Me133 2 months ago
My original principal balance when I graduated in 2006 was approximately $42,500. I have paid approximately $10,200 since then, but because of the way that the interest is structured my current principal balance is a little over $43,000. I had to take an hourly job not even related to my field of study to try to manage the debt. I certainly feel screwed. If I could sell my worthless degree back to the institution that I got it from I would do so in a heartbeat.
SajoieDeVie 2 months ago
NEWSFLASH: Investment = Risk.
presswt 2 months ago in playlist Uploaded videos
College is not a right. When I was graduating high school my father told me that if I wanted to go to college I would need to find a way to pay for it. And the same is true for the current students. You can't expect my taxes to pay for your luxury of college. The truth is that loan guarantees are a subsidy for the colleges. Tuition fees have increased at a much higher rate than inflation. And using the economics of scale with more students it should be cheaper. The college should finance the loa
simplesimonme2 2 months ago
I really wonder why people make stupid choices like this when we're living in this kind of horrible economic situation. Oh and btw higher education was never designed or ment to get you a job. It was made to make you a better human being.
rogueremis 2 months ago in playlist Uploaded videos
@rogueremis Depends on the degree. There are jobs where you NEED a degree others you don't.
cararacs 2 months ago
Comment removed
rogueremis 2 months ago in playlist Uploaded videos
@bigthink You are to continue providing these videos because I am a subscriber to you and you sir/mam are good. Real good.
BapidBeagle 2 months ago in playlist Uploaded videos
@beigelycheenut
Test scores have been increasing with each generation, in fact every year you'll get record no.s of people who have achieved high grade A levels.
Ok, useful? A scientist has to spend roughly 6 years in education, 4 to get his masters and another 2 for a PhD (and that's before going for a doctorate).
He will go into the market with a starting salary of about 20k, and this will not get above 30k any time soon.
And whats wrong with education for the hell of it?
Inxanity 2 months ago
@Inxanity Go learn some basic microeconomics and you'll understand why what you're saying is completely unreasonable. If people want to learn for the sake of learning, go borrow a book from a library and study at home - that's 'free' education. If they want a particular career they should do some research into how much getting a degree will cost, what the salary and likellihood of employment is afterwards etc. If the numbers stack up, get a loan -- if not, it's probably a bad idea.
saladtroll 2 months ago
@Inxanity Where did you get these stats?? One can have a BS and get a starting salary of $25-30,000 a year. It takes 2 yrs for a MS and 4-6 yrs for a PhD. Most science students getting a PhD go into research or medical research. Some get an MD instead of PhD. Granted graduate students will make anywhere from $24-30,000 a year BUT they don't have tuition. A post-doc makes ~$30-40,000 and an associate professor makes ~$60,000. Avg salary for science prof is ~$90,000.
cararacs 2 months ago
I have 30k debt. I dodged the bullet by doing study abroad. If I had stayed the full 4 yrs on my campus I would owe more money.
lordblazer 3 months ago
I'm torn by this issue, one one hand, personal choice and freedom allows an individual to chose better schools for more money, or perhaps vocationals that will get you finished quickly. Versus, a community college, that takes longer, promotes the languishing of the student and competitive nature for classes. On the other hand, much of the cost of education is from our own government building an security system around student loans and involvement with banking.
hoshnasi 3 months ago
Well if you want to go for the argument "If everyone just went to community college, the military, entered the workforce they WON'T be in this position", that'd be nice if it weren't for the fact that there is limited space for just about everything and that universities won't get revenue without students. In this horrible economy, jobs are either scarce (can't keep up with living expenses) or outsourced.
Sure, blame the middle class for not going into lower means in standards of living.
kmelfina 3 months ago
This video should have a million more views.
ninjalex08 3 months ago
so whats your fuckin solution ?? all you idiots do is complain because you dont understand economics
rami0iraq 3 months ago
@rami0iraq No one understands economics....Get a trader to explain how Derivatives work..... Its embarassing...
openmindedozzie 3 months ago
@openmindedozzie then the government has to get the fuck out of what it doesnt know!
rami0iraq 3 months ago
@rami0iraq We complain because I have just under 100k in student loans that I will likely never be able to pay off.
MessyBeaver 3 months ago
@MessyBeaver whos fault is that? you chose this for yourself..!! you coulda studied better, and get full ride somewhere! you can always apply to scolarships! you can get a good education and make more than 100k a year n pay your dept in few years!! you coulda gone to cheaper schools, or spent less! take some fuckin responsibility for your actions and stop blaming others for your failures!
rami0iraq 3 months ago
@rami0iraq Hmm, So I'm going to take it that you didn't go to school in a COMPLETE FUCKING ECONOMIC COLLAPSE. You need to go to good schools in order to get anywhere (and thus more expensive), and even at that you'll get beat out for someone more qualified for the high paying jobs as you can never be qualified enough. You either went to school at least 15 years ago, or you haven't yet.Taking a job at damn near minimum wage is the only way I get by with a masters, thank you very much.
MessyBeaver 3 months ago
@MessyBeaver bro, i go to college now actually..!! ohio state if youre interested to know!! and im probably poorer than you!
stop blaming society and the economy! it wont take you anywhere! believe in yourself and work hard, it will pay off! you will get a good job..you can get qualified enough! its not that hard! it needs some manning up to do on your part..to take responsibility for your own actions..then act to improve! expecting free money or getting it would never solve anything!
rami0iraq 3 months ago
@MessyBeaver What are you degrees in? Apparently, I have experienced this collapse completely differently. I am about to graduate with an Bachelors in CompSci; I have no debt, went to an inexpensive school and am currently looking at several positions and just turned one down in favor of a coding project that pays better. The job market in the Midwest is not too bad, some of the gov't work has dropped demand but there are still plenty of positions on offer to students in my department.
AndreisEntaro 3 months ago
@AndreisEntaro Well, computer science is a rapidly growing field (good planning by the way). I, on the other hand, got a law degree. Kind of ridiculous now that I reflect on it but that was a few years back when everything was generally stable.
MessyBeaver 3 months ago
@rami0iraq
you are delusional. you could apply for scholarships but doesnt mean you win them everyone else is also applying for them. coulda studies better? maybe there were things going on that prevented him from doing that.
the ave salary of a college grad is 48k. the highest normal pay out of college is 70k. and that is IF you get a job.
also most jobs are gotten by connections and not skill.
Crazylalalalala 3 months ago 15
@Crazylalalalala so whats your solution??? i would tell you my suggestion again : WORK HARDER, GET INVOLVED AND CONNECTED
you cant tell me he couldn't have gone to a cheaper in state fuckin university! if he made the choice, he takes responsibility for it. end of story!
rami0iraq 3 months ago
@rami0iraq this is just a losing argument. If everyone takes your advice, there will STILL be a shortage as the economy only has so many positions for everyone to fill. There will always be those who are left out, it's just that now, with the collapse of the economy, the 'spots to fill' are drastically less than what they are meanwhile, tuition keeps going up. This is an issue to discuss and one that is NOT as simple as saying "work harder" as long as college is encouraged for all.
donluchitti 3 months ago
@donluchitti sir, many reports have shown that there are thousands of vacant jobs!! the problem is we dont have skilled people that want those jobs!! remember it is us who should pursue jobs not the other way!
rami0iraq 3 months ago
@rami0iraq
seriously. Okay so I have a friend in Singapore and Bangkok (works out of both places as a headhunter) who has stated that the United States is currently going through a crisis of poor recruitment practices. Have you seen a recent ad for any entry-level position that even 5 yrs ago didn't require so much? on top of work experience they want ppl use to a certain email program already, they list too much, and qualified individuals see that the pay is too little thus vacant spots.
lordblazer 3 months ago
@rami0iraq
also to note for similar positions. I have found it much easier to just job hunt in other developed countries. The US is ridiculous. Some positions want so much work experience that the avg college graduate should've started working in that field when they were 12 years of age to get the entry level position. Anyway poor recruitment practices happen for a reason. Usually due to nepotism. But that is a whole other story to tell for another day.
lordblazer 3 months ago
@lordblazer The positions you refer to likely post those requirements as a wish list. Something like 70% of jobs in the US are filled by people who know someone in the hiring process. It is literally about who you know here. If you are deterred by the posted requirements then you will never find a position. Try sending in a resume anyway, then go talk to people you know. It's likely that you are no more than 3 people away from your next position. Networking is extremely important here.
AndreisEntaro 3 months ago
@donluchitti Certainly it needs discussed. So what does one do when there are no jobs? One can demand the gov't save us or perhaps, say, start a business. Risky either way to be perfectly honest. But one provides jobs, the other provides gov't dependence. When you think about it: there is no logical reason the entire economy should be in shambles due to a reduction in house prices to 1998 levels. Perhaps it is not too far off to say one should get to work on something and try to be optimistic.
AndreisEntaro 3 months ago
@AndreisEntaro The govt can't save us but the govt should stop-gap the leakage of jobs overseas, safeguard against a future financial bubble that grew in the first part of 2000 and in general, give corporations incentive to hire Americans. If we look at the 1990's and early 2000's, corporations left the US w/ govt support to get cheap labor overseas. The govt should now encourage them to start investing in America, this is what I ask. Inflation and the inadequacy of avg. wage is another prblm.
donluchitti 3 months ago
@donluchitti It's important to understand globalization and it's effects on the job market in this. The gov't can do little, if anything to stop the open trade that nations have, up to now, worked so hard to set up. The internet has been a driving force in that as have easy worldwide travel and the dropping of legal trade barriers. The net effect has been a boom of technical and manufacturing jobs in poor countries that need them and a corresponding lack thereof in ours.
AndreisEntaro 3 months ago
@donluchitti If we want globalization, this had to happen; there is no avoiding the fact that, for all sufficiently repetitive jobs, there will always be someone in a poorer country willing to do it for less. And it ought to be asked: Is it ethical of us to artificially deprive them of those opportunities? Given that our poorest are richer than much of the world as it is, it seems obviously not. I think US citizens have an opportunity here to re-think what they have on offer to the world.
AndreisEntaro 3 months ago
@donluchitti all of those are either terrible ideas or incorrect statements. the government didn't encourage companies going overseas. they forced them out by increasing corporate tax. if you want jobs back in america then decrease the corporate tax and get rid of tax subsidies. in the meantime, if you want a job then increase your skill set and turn yourself into the best in your field. dont expect a job just because you attended university.
490310001 2 days ago
@rami0iraq
its all nice and dandy that you say that. sure it will improve your chances but it doesnt mean you will get a job after school. the point is that there are factors that a student cannot control. such as the economy for ex.
he could have started going to school in a field in high demand but then the economy failed and even thought he did all the right things he still has no job. even if his tuition was cheaper he is still 10s of thousands of dollars in dept and no way of paying it.
Crazylalalalala 3 months ago
@Crazylalalalala i still sont fuckin get why youre whining bro!! you havnt even fuckin graduated yet...!! this behavior of yours is pathetic! work your best and hope for the best..! demanding free money is the stupidest shit on earth and would only make it worse..!!
theres nothing dandy about it...i fuckin work my ass off...!!
rami0iraq 3 months ago
@rami0iraq
nobody is whining your are just having a hissy fit. i was just pointing out facts.
and nobody was demanding free money.
and try reading more carefully, i have graduated, over a year ago.
Crazylalalalala 3 months ago
@Crazylalalalala WHAT ARE YOU DEMANDING THEN? please, cut to the fuckin chase...lets hear it..!!
rami0iraq 3 months ago
@rami0iraq
LOL calm yourself. no need to have a hissy fit here.
while i am no demanding anything i have not idk why you think i am I do think that there are a number of things wrong with the education system.
1. there is a huge disconnect between industry and academia. schools should not be taking in more students when they know most will not get a job.
2. academia is too specific. many programs have no carry over other fields. many programs are pointless and just drive the cost up.
Crazylalalalala 3 months ago
@rami0iraq
3. too easy to get in and stay in. schools should not be keeping students that hardly pass the tests like they do these days. things like curving grade should not be allowed.
4. High school should have more value to it so that fewer people need to go to college.
5. adding to point 1. most programs teach things that will never be used in the real world thus prolonging the time a student stays. pointless elective should be optional.
6. curriculum need to be more open.
Crazylalalalala 3 months ago
@Crazylalalalala okay...i agree with you in most of what you said, though i might differ on some key issues. but i dont have the time to dicus them here..
sorry for yellin lol...
peace
rami0iraq 3 months ago
@Crazylalalalala
really dude? I don't see anything near that 48k. I'm making not even 2k this year. Anyway I kinda purposely took this route to get into a better peace corps program and for their MI program to get my Master's. Also I did make more bank when I was studying in Japan before the quake hit. So I had some cash saved up. Anyway as you said most jobs are by connections not skill. For entry level positions being advertised, no one out of college can meet them.
lordblazer 3 months ago
@lordblazer
that is the static i found on MSN. that is if you found a job after college. i am in a similar situation to yours. i went to a great school (2nd best in the field i have chosen) and cant find no work. in fact only 10% of my class has work now and 90% of them work for their parents and it has been over a year.
there really isnt much that i could have done differently.
Crazylalalalala 3 months ago
@Crazylalalalala You're right.
if you aren't a woman or an ethnic minority, scholarships are long shots, even for the brightest students.
WinkyMaeve 1 month ago
@WinkyMaeve
i am glad we are in agreement. XD.
sense im neither a minority nor a woman i dont know for sure if its any easier for them but its still very difficult even for them. typically scholarships are offered to people who would have a harder time to concentrate on their studies. but the cost are way too prohibiting to the fast majority of people.
Crazylalalalala 1 month ago
@rami0iraq
OU in oklahoma tuition cost 10k a semester with fees your cost goes between 15k-20k. Outta state is 20k-30k a semester. I forgot to tell you that out of the Big 12 its still the cheapest state university to attend.
lordblazer 3 months ago
@rami0iraq
actually it was so much cheaper to do my study abroad programs (OU paid for my travel and living expenses with scholarships) that I actually saved a lot of money on fees I didn't have to pay. It was interesting. Anyway I'm not 100k in debt, and with that being said that is the key difference. I stayed in state because I had the OHLAP scholarship that Oklahoma offers its residents. I think students should look into these options.
lordblazer 3 months ago
@lordblazer im sorry, my time is too valuable to waste on answering every word you said...can you summerize what your SOLUTION is ? if you wanna whine, go somewhere else, i dont tolerate whiners !! come up with a solution or stay quite!
rami0iraq 3 months ago
If you think education is free then go live in a communist county. Don't join the military for free education you bunch of freeloaders. This is the part of the problem. Everyone is looking for a hand out. Two words for ya...HARD WORK! If your parents are rich, it’s because either they worked hard or their parents worked hard or their parents worked hard. There is work out there for those willing to work hard....are you?
todddietrich 3 months ago
@todddietrich
then you ignore things like Jim Crow and other forms of discrimination that locked ethnic minorities out of attending universities, and taking up certain occupations. Your simplistic worldview is frightening. Move your ass to Hong Kong.
lordblazer 3 months ago
@lordblazer You can live your whole life feeling “oppressed” or you can channel all that energy and time that you seem to be spending fighting “the man” on better things. You seem to be smart, don’t waste it. The world is not out to get you. Just contribute your talents the best you can, where ever you can. Instead of complaining on how hard life is.
todddietrich 3 months ago
@todddietrich
lol I'm not living my whole life like the man is out to get me buddy. I'm busy taking care of things at the moment. Almost had a legal battle with my university for trying to charge me for a missing spring semester after they had cancelled it due to the tsunami/nuclear disaster(glad I am alive), and well dealt with that, and now enjoying my thanksgiving with the fam that I haven't done since 2007. preparing to expat it again save up some cash or go to graduate school.
lordblazer 3 months ago
@todddietrich
anyway dude I'm not complaining. Also nothing is wrong with pointing out injustice when you see it, and when it goes unaddressed too long unrest does happen especially when a correlation is made that things shouldn't be this hard, and are intentionally being done for a number of reasons. red shirt movement in Bangkok is a testament to that. was a witness to it. witnessed injustices in China, witnessed them in Turkey, in Japan with residents of Fukushima, etc etc. no conspiracies.
lordblazer 3 months ago
@todddietrich
anyway dude don't worry about me, I'm not wasting my talents. I kinda did choose fields which puts me in a position that forces me to see what's happening. Because it gives me the understanding of why for example black americans have a cultural meme of no matter what you do you will never succeed. Because the black experience in the US has been that way until literally my generation. so I don't play blame the victim, but you mistake it for me thinking of conspiracies.
lordblazer 3 months ago
I think it's unethical to charge people to learn.
Inxanity 3 months ago 38
@Inxanity i think you don't understand what ethics are!! let alone paying money for services you value!
rami0iraq 3 months ago
@Inxanity However, it is also unethical to require people to work for free. The knowledge is out there for free; however, many people want someone to teach them. What may be required is a paradigm shift in education. There is so much knowledge out there it is impossible to learn what's needed in 4 years and the 12 preceding years is not terribly helpful either, at least in the US. However, I have learned much in my spare time from internet sources and books; both of which can be free/cheap.
AndreisEntaro 3 months ago
@Inxanity Learning is free, go read Wikipedia. Being taught something, on the other hand, is different.
JLAudio7 3 months ago
@Inxanity this is an amazing quote
Foxrider4564 3 months ago
@Inxanity There is no such thing as a free lunch. Fact: public funding for education has been sky-rocketing consistently; test scores haven't changed. It doesn't work. Back pack systems and private schooling do.
And if you don't want debt, don't take out a loan. If you do, don't get a BA in philosophy or English ie choose a route that diminishes the likelihood you can get a high paying job. No one forced you to sign for the loan. I signed for mine because I'm doing something useful. Grow up.
beigelycheenut 2 months ago
@Inxanity that's ridiculous. You expect teachers to teach for free? Have you been to a high school recently? I'm a student and I know what students are like and there is no way i'd ask a teacher to work in such environments without compensation. not to speak of the resources that running such institutions requires.
saying 'education should be free' is all well and good but you really must think before you make such statements.
Serioslump 2 months ago in playlist More videos from bigthink
@Serioslump You also must think. Nobody is suggesting teachers work for free. Inxanity never said anything like that. High school is free is it not? (To students at least, I get the whole "it comes from taxes thus isn't free" thing). Why can't universities and colleges work the same way? Or take a look at Australia's university system.
KitSays 2 months ago
@Inxanity btw what i'm obviously referring to is RECOGNISED education (degrees, etc). people can learn as much as they want (via the internet, books, etc) but an actual CLASSROOM costs money and to say expect is completely delusional.
Serioslump 2 months ago in playlist More videos from bigthink
@Inxanity You're retarded. Education is not a right to anyone. Let's put this into a real life scenario. I'm a professor at a university and went to school for 10 years to achieve my Ph.D, and now because of your retarded, stupid, unrealistic, unreasonable, illogical, unsubstantiated drivel, you think I should work and educate others for free. Do you believe the government should pay for it? If so, where do they get the money, from who's pocket are they taking it from? Nothing is FREE
MeansofSurvival 2 months ago
@MeansofSurvival You had a valid point until you started slandering an idea. Learn some etiquette, or your points will be lost forever
juicifergizzle 2 months ago in playlist Uploaded videos
@MeansofSurvival But there are other, and better ways, of dealing with the cost of post-secondary education. Look at Australia's system for example. Canada and the US are pretty much the only two developed countries that don't offer nearly completely state-funded university education and the people of these two countries, particularly in the States, are obviously suffering from it.
KitSays 2 months ago
@MeansofSurvival Also, in case you were curious, education is a universally and internationally recognized human right. ;)
KitSays 2 months ago
@Inxanity You could always go to the library.
DantesSmirk 2 months ago in playlist Uploaded videos
@samm1809
Hippy. We don't all throw grenades but we should respect them still. Keep crying to your parents asking for them to help you on your loan. Maybe you can live with them too.
jackaces08 3 months ago
@samm1809 Do you thin you know me? I'm not a dumb kid. I earned a 4.0 GPA in high school and saw the job market down the drain. I was not going into debt so I joined the coast guard. I'm not joining the marines where you pretty much ask to die while your family gets $400k. I joined the coast guard to be a cook for 4 years at a land unit. Tell me how psyhologically messed up I'm going to get. It's like a Starbucks job but I get paid more, dental and health care free and education paid.
jackaces08 3 months ago
@jackaces08
hey man, my dad fought in the marines as an officer. I take offense to that as a military brat XD. Anyway my family said if I ever consider the military. Airforce officer's training is the way to go. Coast Guard isn't bad either. Anyway man you were in a position to where you saw a bad economy, and bad cost. To be honest you could've gotten full ride scholarships in Japan, Taiwan, China. Singapore. Free tuition in Norway, cheaper schools in Canada (Mcgill, UBC), etc. consider plz
lordblazer 3 months ago
Join the military for 4 years, get started with a savings, mature a little bit. Finish off the 4 year contract. Use G.I. bill to go to ANY public school for free for 4 years. So I'm using 4 years of my life. But I graduated when I was 17 so when I'm 25 I will be debt free, out of college with money in my pocket looking for work. Worst case scenario I can fall back onto the military and become an officer with my 4 year degree. I don't see why we have to jump into debt so early in our lives.
jackaces08 3 months ago
@jackaces08 I've seen plenty of people take that road and come out of it psychologically and physically damaged. More than enough to make them regret it. Not everyone is comfortable in a situation where they have to take orders without question and will likely have to kill people or possibly get their face or limbs blown off because orders are orders and rich people want oil. To me, my moral integrity and personal sense of virtue is more important than good benefits. And no, I'm not a hippie.
samm1809 3 months ago
I'm sorry but you have to be 18 yo min to get a loan on your own. if you are graduating with a BA, MA, or PHD and you can't figure out you are in debt with no way to pay it back you shouldn't have a degree. Your too dumb. So save up for school, go to the military, get a part time job or if you take out a loan be prepared to pay it back. That is being an adult. Grow up and don't expect anyone to pay for your debts. No one is paying for mine except me.
RevFastEddy 3 months ago
@RevFastEddy It's not that they don't know their in debt... It's that they know their in debt and can't do anything about it because there are no jobs out there... Any jobs that are out there always call for a degree and some sort of experience which you may or may not have. It seems you need to look at Americas situation a little closer.
HowdyMcGee 3 months ago
@HowdyMcGee Thats the same attitude an alcoholic has.. I know I will get drunk if I drink and I know I will have a hangover if I quit drinking therefor I will always drink and justify it because it is unfair that a hangover is the price for indulgence. Debt is the price for borrowing.. So now your in debt. Don't blame someone else for your lack of paying as you go.. Either accept responsibility of debt or don't borrow.
RevFastEddy 3 months ago
@RevFastEddy Right thats the problem to our solutions! Stop burrowing money, then we can just skip getting a bachelors degree. Who needs computer technicians or large machine operators. Then when our economy gets better and jobs open up only a selected few "rich" people who paid for their educations out of pocket will get the jobs. This sounds great. Our education system will just go further down the drain and the gap between rich and poor will be be even more extended...
HowdyMcGee 3 months ago
@RevFastEddy
hangover is inevitable when drinking. Anyway if it was that simple then student loan debt wouldn't be a huge crisis we currently have in the US. You truly think that a majority of unemployed graduates are just irresponsible? I know engineers that are out of work so don't pull that "study a real subject" line on me.
lordblazer 3 months ago
I wasn't there when u made ur financial decisions... why should I be responsible for it??
BlondBlackGuy 3 months ago
In the UK our student debt is approaching US levels. The plus for us is that we can default if we haven't paid it off in 30 years, and if we earn below £21k we dont have to pay anything. And the interest rate is at RPI if we earn under £21k. The bit that annoys me is that outstanding debt whilst you are still studying has an interest rate of RPI plus 3%.
toolworks 3 months ago
VERY VALUABLE POINT
wcausey86 3 months ago
Also, another point I would like to make is that its sad that we have come to a point where the state of our economy dictates what we go to school to study. We cannot simply be what we want to be anymore; a person thats passionate about art cannot go to college and graduate with a degree in art and expect to survive in our society. We now have to go to school for what guarantees prosperity in our economy, i.e. health care, and downgrade the things we are passionate about to mere hobbies.
GISamurai 3 months ago
@GISamurai I'm sorry but can you please tell me about this time in history when people could could study whatever they wanted and expect to make a living off of that? The "economy" being every person who makes any kind of buying decision, determines what occupations are valuable or not. So doctors and engineers will always be in more demand than artists and literary critics because people find those services more valuable. Its only when a society becomes rich enough, can artists survive.
daveyg07 3 months ago
@daveyg07 Sure, the 90's was a good time for college graduates. Your last sentence says it all. During these times America's economy was much more stable and various industries flourished. Obviously, I know you can't make much a living off just anything nowadays, but there again lies the flaw in our education system. Why would schools offer degree programs that have no significance in today's economy? In order to prevent expensive ignorance, schools need to better inform prospective students.
GISamurai 3 months ago
He makes a key point at 1:42 regarding the salesmen of education. Does this remind you of something; the predatory lending tactics used by mortgage companies; i.e. Fanny Mae, Ameriquest Mortgage. At this rate, the education system is bound to crash and burn in a similar fashion. There needs to be an education reform where the costs of education are significantly reduced, limiting the leverage power these financial institutions have on students.
GISamurai 3 months ago
Really? My intro to CS professor gave stern warning about drop-out rates and the real required behaviors for high income in the field. And I got the same speech from another instructor. I had a complete package of proper warning from the very first year.
I think it depends on the institution. But I've never felt I didn't get enough warning. I got fair warning.
VobisPacem 3 months ago
I live in Norway, our education is free.. suckers:D
mistarb1 3 months ago
@mistarb1
Nothing is free. Basically the poor and lower middle class people are paying for the higher education of the future upper class, and they will never get any real benefit for paying it.
MrGuvnah 3 months ago
@mistarb1 Nothing if FREE. You pay taxes. Moron :D
H1TMANactual 3 months ago
I'm sorry, but why on earth would anybody decide to take out $100K + in loans just for college? That is just idiocy! Yes the system is undeniably messed up, but students should also have enough sense to weigh the costs to the benefits. I have student loan debt, but I also knew where to draw the line realistically!
BillyWillis89 3 months ago
Its absurd that the US system of education creates the braindrain to Asia. It just lacks any common sense for survival of a nation to not do something about this and not change the system.
L1b3rta 3 months ago
no deary, i live in the real world. tired of arguing with the intellectually inferior. your kind are nothing but well heeled beggars. bye lazy children
cotton9386 3 months ago
i wasnt talking about the military as an option you moron, i was trying to compare my predicament, my life risked daily for $185 a month, as to yours of paying back a loan which theorectically will garner you a decent job. you want everything given to you. you probably want world peace, no hunger, ad nauseum. THE WORLD AND SOCIETY OWES YOU NOTHING. Get a tin cup and pan handle, Fend for yourself little boy. You are a parasite.
cotton9386 3 months ago
@cotton9386 You are so stupid and arrogant, it hurts.
55liveforlove 3 months ago
I'm lucky I live in a country where student debt is paid back through auto wage deduction depending on income level as an incremental system... I would never have gone to university in America.
n008r4p3r 3 months ago
I don't understand why people are talking about the military as if it's some kind of fallback option that anyone can do. The armed services in this country require an uncommon depth of character and strength of conviction. This not a path you should pursue because you can't do anything else.
AmericanGrotesque 3 months ago
It takes a very special class of moron to accept an $80,000 loan that they LIKELY will be unable to pay back.
kinito1 3 months ago 8
@kinito1 Indeed, while I was just beginning secondary school I was able to determine that most of the things people take loans for are a bad deal. It took only a cursory understanding of compounding interest to realize that the adjustable rate loans so widely pushed pre-2008 were bad and the same understanding drives me to finish college with 0 debt. I have not found it difficult, much less impossible, to live debt free so far. You do have to think carefully about finance decisions though.
AndreisEntaro 3 months ago
you whining deadbeats, at your age i was dodging bullets in vietnam for $186 a month. grow up, get a part time job, move to denmark, go live with your mom if your not still there. you dont look like your starving, get a degree in something other than social science, you obviously dont think you can get a job in whatever woose field your studying now. GET A LIFE little boy
cotton9386 3 months ago
@cotton9386 Someone's arrogant.
DeliriumBorder 3 months ago
I can't understand how come education in Europe is sooo much cheaper? 4 years in good college in my country is less than 10k USD
minazumi 3 months ago
well you don't have to go to college. No college = no debt.
Or every kid could just go to community college for a lower price and not complain about prices.
kmelfina 3 months ago
The problem is that the government is guaranteeing loans and telling students to go to college. Colleges then raise their prices when students come rushing in with borrowed cash. The simple fact is too many people are going to college. College is not necessary for many jobs, even those that require or suggest a college degree. Employers, in many circumstances, are using a college degree as a proxy for a job candidate's motivation, when in fact there are much better proxies available.
ekim2512 3 months ago
@ekim2512 AMEN
hayden50 3 months ago
that's how this whole system works
Metactyl 3 months ago
The internet is for education, college is for a degree.
countergnom 3 months ago
@countergnom ... so you're saying that a hiring committee would rather hire you, for being on the internet than a kid who spent 4+ years getting degree(s)?....
litojonny 3 months ago
@litojonny No dooby, I'm saying that you learn a hell of a lot more from doing independent research and reading about what you're interested in than by going to college. I must have misread my own comment, because I didn't see where I claimed that actual knowledge will give you an edge over someone with a degree.
countergnom 3 months ago
@countergnom ...name 5 people who have done independent research without learning from a college classroom.
litojonny 3 months ago
@litojonny many successful people never graduated from college since it was a waste of time (how about Albert Einstein, Bill Gates, Mark Zuckerberg, Steve Jobs, Michael Dell, Richard Branson). You are foolish to think that college learning is the only way to learn. Charles Dickens and Mark Twain didn't even graduate from *grade school*. If you are interested in something, you can learn far more through self study than you would learn in any class.
Dysangel1983 3 months ago
@Dysangel1983 First of all, Charles Dickens and Mark Twain lived in a different time when college wasn't as important as it is now. Secondly, using a handful of famous people as proof that you don't need college is stupid. A handful of people were talented and lucky enough to make a fortune, but there's a reason why there are only a handful of them. Especially in this day and age, holding out on getting lucky is foolish. There are hardly any jobs available for people without a college degree.
TehLB 3 months ago
@TehLB I didn't say people don't "need" college. I went to University because I knew it would make it easier to find a job. LitoJonny basically asked "who ever did research (ie studied/learned stuff) without going to college?", so I answered with some people that he should have heard of. Making a fortune has nothing to do with it.
Besides, the majority of jobs don't require degrees. Maybe you mean "there are hardly any jobs that I'd stoop to".
Dysangel1983 3 months ago
@litojonny You are asking me to name for you 5 people who have researched something they are interested in without going to college? Most people have at one time or another educated themselves on something that interests them, whether they went to college or not. The answer to your question as I understand it is extremely broad and encompasses almost everybody. Perhaps I misunderstood your question.
countergnom 3 months ago
What price do you put on the highest education thats available ?
The present financial climate dictates the inevitability of a shortfall of opportunities.This being the case,the ones who wish to pursue a higher level of education should heed the advise of their elders.
Its obvious that financial gain is in the eyes of those seeking a higher level of education,this being the fact then the expense you incur is a gamble.
In days gone by,you may have been rewarded,not any more.
Its your choice !
naybobdenod 3 months ago
@ArtisanTony Maybe, but the working theory here is that the people with better education earn more and pay more tax and perpetuate the system that way, and although it may be easy to find holes in the system from the outside it has been sustaining itself for quite some time now.
CDragnetti 3 months ago
@CDragnetti I would not say it is sustainable. Maybe it has been propped up through debt but eventually you will see what other countries have found out the hard way. There is no such thing a s a free lunch.
ArtisanTony 3 months ago
@ArtisanTony Well I guess this is one of those things that only time will tell, but as it stands now Germany has one of the strongest economies in the EU and America with the highest some of the highest education cost in the world is in the worst position it has been in in a very long time. I'm not saying free education is the answer but I am saying that it's obvious that what they've been doing so far has not worked.
CDragnetti 3 months ago
@CDragnetti Right, and that is why people come from all over the world to be educated here. No one forces anyone to get loans or even get and education. This is a free country and people do what they feel is right for them so they should pay for their education. You have a socialists mind set so there is really no need to discuss this with me.
ArtisanTony 3 months ago
You mean they will have to go out and get a real job and get their little hands dirty to pay off this debt...OH NO! If you were good enough in school you would have found a job in your field. Suck it up and go find some work! No not at Starbucks. You go WHERE EVER they pay you money. Even if they warned you about what COULD happen, what you would say ...oh wait a minute ...I better not take this hand out for my education. Stop complaining. Go get a job, pay off you debt and be thankful!
todddietrich 3 months ago
Fuck the police!
luisr12491 3 months ago
Join the military... finish your contract and get effectively free school afterwards with the revised GI Bill. Some states like Texas will cover 150 more credit hours on TOP of that, so you can have in effect a free master's / 1st professional.
basmithtx 3 months ago
This has been flagged as spam show
@basmithtx
Sorry but people who join the military just to get an education are idiots and education isn't going to help them much ;).
In between the high mortality rates, unjustified deployment (like with iraq) and how you're treated by drill sergeants (they break you down, make you feel worthless, demoralize you, till there is nothing left of the old YOU, then they start rebuilding a SOLDIER), I'd rather go through life without even a high school diploma than serve in any army.
Seymour13 3 months ago
@basmithtx Tried it and got discharged for a history of epilepsy as a child. What is your next suggestion?
TopJewShalom 3 months ago
@TopJewShalom McDonalds.
basmithtx 3 months ago
@basmithtx That's the best option you came up with? I'm a speechless lol
TopJewShalom 3 months ago
@TopJewShalom Hey, I found out some time ago that they actually have a good 401K program, which was quite surprising. :P That aside, there is the option of studying in Europe... many places have extremely low cost to virtually free education. In my case I want to do some post-grad studies in Norway, and largely my only expenses will be for living arrangements.
basmithtx 3 months ago
It's true. This guy, for example, was so buried in debt that he had to replace his hair with pubes just to earn a little extra money.
trawetseeldot 3 months ago
I work with people who went to school for years, I stopped after high school and they kept going, now we're at the same place at the same salary, difference is i got money put aside for when I'm old, i have a house, a car and some money put aside in case something goes wrong.
All they have is a crappy apartment, a half broken car and an ever farther retirement... On top of their debts.
fieryelf