Other matters involve training, apprenticeships, & other such on the job development. Those responsibilities have been relieved of corporateers to become an unjust burden for citizens but without any prospects. Not only is further socio-economic disparity & debt promoted but ensures the trap is set for citizens to become indentured servants for generations to come.
Correction would occur if citizens avoid, strike, or invoke other such determined protest while demanding proper adjustments happen.
Education is a suffering social institution & just like medicine it has been heisted by corporateers & despotic oligarchs to become a profit making enterprise. Kleptocrat administrators & trustees have corroborated since they also serve as corporateering boardmembers to sell out the institutions, the public trust, & disregard the public good. Conflict of interest? Of course, corrupted ScAmerican government politicronies indulged the exploitation. The dubious & malevolent results are evident.
When Moody's said, "...choose fields of study that are in demand," he missed something.
Fields of study that are in demand today may not be in demand tomorrow.
Most recent example: Remember when everyone was saying "Get into Computers! Computers! Computers!" How's that working out? A lot of tech geeks are out of work... their jobs exported to India.
It's interesting that left wing politicians support both open borders and college educations when illegal immigration has a negative effect on the worth of a college education in the "real" market.I blame our bank owned government,They influence the politics on open border & want bigger student loans for college then spin main stream media into convincing people college is your only choice if you want a future.College is simply taking out a loan to read a book,you don't need to go.
This video was actually interesting. For the first time, I actually didn't think about riding her doggy style while wearing a cowboy hat. I'm impressed.
As opposed to the housing market, I welcome a student loan bubble popping because maybe all these for profit colleges will go bankrupt and also maybe some of these stupid expensive school can close down too and college cost will go down.
@bigboywasim yeah, the fuking rich corporations should pay extra taxes to make up for it becuz it takes advantage of the public school education system for educating its workers.
@mrzack888 College should be affordable, not free. You can't have something for free because someone else has to pay the bill. In the case of a free college, tax payers would be getting a bigger bill than the one they have right now.
@Zac6230 tax payers money should be force to give everyone a free college education. but individuals can decide which type of 4 year degree to pursue, a university or technical or vocational school. i'm no commie you fool, this result will end with explosive capitalistic growth you fool. gotta spend money to create mo money. dummy. you the commie, don't even know basics of business.
@Zac6230 it's attitude like that that makes you THE fucking Loser. Selfish, psychopathic, sociopathic, lack of sympathy disgusting, did i mention selfish, deluded sicko.
Governments usually don’t pay much attention to education as it is unfortunately considered as something politically useful only during political campaigns, an expense at the very best..
Maybe is because Governments are temporary and the price of a poor education now, will be paid in the future (and that’s other Governments’ problem)
if they can't get jobs they aren't entering the work force. you really are just a parrot, aren't you. you look pretty and repeat what other people say without understanding the words.
The government controls the student loan market so your assertion that we need government intervention to solve a problem caused by government intervention is rather absurd. Tuition prices are high precisely BECAUSE the government is involved, the university knows that it will get the money no matter what and the student is stuck paying back the gov for the next 40 years of their life. Coincidentally, the higher tuition prices, the more government thinks it needs to step in to make more loans.
You can't really walk away from a student loan. Even bankruptcy won't get rid of an outstanding student loan. If you don't pay it off, you will owe it until the day you die.
More 'reactive' than 'proactive'??? Really! You are giving the government too much credit about student loans. They haven't figured out that being 'proactive' is the best way!
Don't forget the forbearance given on Stafford Loans. You have 5 years if you can show you are not working. This might be extended if the gov't gets its head straight.
I wish our government in Westminster would actually learn from what's going on elsewhere before its too late and scrap student loans rather than lending out hundreds of thousands of pounds to students who are never going to pay that money back instead of just penalising those of us who have actually chosen to do a degree that will benefit ourselves, our income and our society.
Lori, the colleges have no reason to drop their prices. Why would they when the Government is so eager to lend more and more money to students?
And you're wondering why the Government doesn't "intervene"? The Government is the one that supplied all these easy loans and created this whole mess in the 1st place.
A detailed explanation of the root cause is available here: /watch?v=MCecGGdELOQ
stick to math and science and go to the cheapest yet highest value education for your dollar colleges. not name brand but high quality education per dollar. THAT's how you do it right. THAT's how i did it right. life's good! i had no debt when i finished college and life is awesome now. no debt! and i own and drive a yellow lambo ;)
Am I the only one that was opening and closing all of my tabs trying to find a pop up that was making that obnoxious noise coming from the video? Good hell..
1. Stop teaching crap courses. Its a waste of money. 2. Stop promoting sports that require huge amounts of money to support. 3. Remember there are good years and there are lean years. If you stay lean you can make it through both successfully and grow academically. 4. The generous alumni need to stop putting conditions on how their money is spent. The schools want your money but to tie their hands and insist on a stadim they don't need and won't be able to afford because their team sucks.
Regarding the Dutch schools, The Technical University in Delft scored the best with a listing on the 49th place worldwide (via the UK Times ranking).
The U.S. takes all top five spots in the global rankings. Harvard University is number one and 30 of the top 50 are American!
You get what you pay for.. I don't see a long line of US Students lining up to go to Delft, but I bet there are a lot of Dutch students who would kill to go to Harvard.
It is relatively easy to work your way through college. Oh, strike that, it is hard, but then you leave college with just a little debt. We need to learn that a little sacrifice goes a long way. I don't mind if the average person is in debt, as long as he or she pays it off.
At least the homes in the US are ridiculously cheap. I watch House Hunters and people are complaining about the price of a $300k house, I can't even find an apartment for under $300k in Vancouver.
Obedience, debt bondage, and a free job voucher to pay off that debt bondage plus interest. If you don't pay off your debt the repo man comes and takes away your??? ability to establish yourself with credit institutions!? The repoman can stick it's intangible item in a penis press and suck on it. The repoman can stick cronyism, the lack of a golden standard, and liberal vigilantism in a penis press and suck on that to.
I thought I had read that the student loan program was taken over by the Federal government , it was written in with the new Health care program . There's your reason for the POP ?
My husband and I pay more to Sallie Mae than we do for our rent plus utilities combined. Most of this debt is his, and if the economy was still what it was when he was in school we would likely be fine. Instead we can't afford to live without roommates and are still living paycheck to paycheck. Loan advisers gave us crap advice in school, our parents couldn't help because they didn't know, and now we pay for it.
The governmentshould stop making laws that forces kids to go thru education that is not necessary so that there can be room for one that really gets you a job.
Standardised testing and so on is the epitome of the bad school system.
To understand the economics behind the boom and the bust one probably should read some Hayek. And to understand the current stat of our education some Lecture by Ken Robinson would suffice.
Government can not solve the problem it is the problem.
Teachers cheating their students really sucks. A college education used to be worth something at one time. Now you can be a self-serving college drop-out and end up a billionaire. It don't figure.
Yes, college tuition is too high, especially with the "public" colleges and universities. Why? Because of all the tax-slashing zealots who are looking to cut state budgets, and think higher education is a convenient target.
The real tragedy i think is that when you go to college you aren't even really paying for "education". you're paying for a degree. everything you learn in college you could very well learn elsewhere if you cared enough, but employers don't care about what you know, they care about what they think you know.
But that's how the economy keeps going... you make the citizens slaves to their debt. They keep selling the promise that you go to college to get a great job... happily ever after. So you're stuck. A cog in the wheel.
when you can't pay your mortgage, you lose your house. when you can't pay your car payments, you lose your car. imagine if when you can't pay your student loans you lose your degree.
I went to community college my first two years and paid it off without loans by working a part-time job. I did well at said community college, prompting them to give me a $7,000 scholarship to continue my education at a 4 year school. I will graduate with roughly 10,000 in debt and a bachelors degree.While you make several valid points, the majority of us need those degrees to get decent jobs or even be considered.Well worth it IMO, one day you'll need a bachelors degree to work at Mcdonalds
Sadly, the US is the most capitalistic country in the world and, unfortunately, everything--food, healthcare, and education--is for sale. Yay! The wealthiest country in the world makes its own citizens purchase food, healthcare, and education. All so that we don't piss off some rich people.
"Bubbles" only exist when the government inflates commodities that should otherwise be subject to the rise and fall of supply and demand. Student lenders are far less likely to be in bed with corrupt politicians so they will just raise interest rates to offset any defaults and shit will go back to normal...
USA should copy the Dutch tax system. 75% of the American own 10% of all the money. Now the average income of an American citizen is 47.000 $. In Holland the rich pay 50% tax and in the USA 32%. That's a difference of 18%. Means. 310.000 x 18% x 47.000 x 75% = approx. 2 trillion $ a year. Copy our healthcare system (most efficient in the world). That would also save USA approx. 2 trillion a year. The one of the US is lousy and expensive.
@futuredoc17 so what? let them test the waters, it only benefits people. if they dont like the field, let them try other fields, if they dont like anything, at least they tried, thats more than we get now. our economy depends on innovation and right now we have a bunch of useless people working retail jobs
@endauthority Ppl hate paying taxes for other's ppl education as of now, it's just no one in this country does anything, ppl in America are like goats. They put there head down and just follow the rest of the crowd. Damn, in the UK they raised the tuition by 2% and that day ppl went out to protest, then it was repealed. What do we do here in America absolutely nothing. The major cause for this country going down is cause of the citizens, they have the chance to re-elect congress every year.
@futuredoc17 thats certainly true to some extent, however, the apathy can probably be attributed to the fact that americans have no real control over the political system. We dont pick our candidates
@endauthority "we sometimes choose those two" you just said it my friend. Like i said ppl are like goats.. Besides that, how do you explain the elections of congress men?
Move to Holland, we've got 4% unemployment and our WWII babyboom is about to retire. The money in the US is stuck. 75% of the money is owned by 10% of the American. How do you get that money to the middle class. By taxing when they don't invest in the middle class. US gov. should take it from them when they don't invest in education or the house market. When you buy a house in Holland, you'll get a tax cut for the interest you pay. People start buying houses, those have to be build. Voila.
A stimulis that was 40% tax cuts wasn't enough to bring us out of a recession. The republicans will crash our economy to make sure obama is not re-elected. Tax cuts do not creat jobs. working americans pay taxes and creat jobs by consuming.
@shotsky94 Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Far from paying for themselves with increased economic activity as promised, the tax cuts have depleted the public treasury. Tax collections have plunged to their lowest share of the economy in 60 years. That is how.
@Twostones00 You are making the assumption that tax rates are directly correlated with tax revenues when they are not (taxable income elasticity). Citing tax revenues as a % of GDP is completely irrelevant and is a skewed statistic used to mask the truth. We dont have a revenue problem we have a spending problem. You could confiscate all the wealth of everyone making over 250k per year and still not be able to fund the government for one year.
@Twostones00 Actually, no I am not. Fox news, imo, is really no better than MSNBC. Both advocate big government just in different ways. One side wants the government to control everyone's economic lives from cradle to grave while the other wants an expansive military empire and both support the federal reserve. I am a libertarian so i disagree with both as there is little difference between socialism and fascism. You have to go further than just the surface to really understand our problems.
The housing market hasn't gone yet. We have only seen a relatively minor correction. The main part of it was postponed because of the money the government pumped into the economy.
The housing market still needs corrections of about 30-35% down before prices are at the level they 'should' be historically corrected for inflation etc.
all why i'm going to a small college that is cheep, that i can actually work while going to school and pay allot of it off at the same time. and going int he teck industry. hoping to take as few loans as possible. I hate owing money to people far to much.
why are university fees so high anw? because professors are paid high for spending much on their own education in university? then its just gonna be a never ending cycle innit.
sooo what youre telling me is to not study eh? haha
The problem comes from schools like University of Pheonix and Kaplan, which basically offer unaccredited programs. The students wont find jobs after they graduate but when their in school, they get as much student loans as possible.
Right on target with this one. For more in depth info you should watch NIA documentary College Conspiracy. Don't be fooled by the word conspiracy in this one, I promise it's not about aliens or lizards.
I believe we should rid the current system, and start a apprenticeship-like system. More than half of my credit hours needed to graduate was to classes not a prerequisite for my major. I had to take Classes like Art history, chemistry, and philosophy. These classes have nothing to do with accounting. I understand the "broadening one's horizons" argument. I just don't agree with it. At least give me the option to opt-out of those classes.
Couldn't agree more...For those of you in college or considering it and you want a tech job. A lot of jobs in the bay area don't require a college education but you do have to be smart. Walk in with great projects that you worked on own and you will have no problem getting a job.
I had a friend who met Barbara Bush during the 1980 Reagan/Bush presidential campaign. He asked Babs why they were against student loan programs? "Too many uppity students - it's so hard to find good, respectful servants nowadays."
I wonder what will happen next. I mean, by the time I am an adult, what will happen to the college degree for my kids? Luckily, I did not take out a loan. And yes, students cannot find jobs. People always tell students to study what they love. I think I will carefully select the TYPE of university my children go to because unless you are good at studying or love engineering or health, its just bad news bears.
... except student loans are government guaranteed.
Education (and healthcare) should NOT be done on a for-profit basis. And at the moment, the sharks have a huge profitable educational lending racket going on.
@dangerouslytalented nah everything the govt gets involved in, prices skyrocket...higher ed, housing, healthcare.....govt is the problem; not the solution
@shotsky94 No, actually it doesn't. It depends on the manner in which government gets involved. For example, in every country that has government funded single payer healthcare, healthcare is much, much cheaper, AND more effective, even the private option.
@dangerouslytalented single payer is a good idea but i just dont think it'd work in america. it would be better on a state-to-state level i think....wait what is single payer again...is it where everyone's forced to buy insurance?
@shotsky94 Single payer is medicare-for-all, where the government pays for most medical bills. Australia has such a plan, with a private option for those who do not want the waiting lists for nonessential procedures.
Couldn't agree more, I've spent the last 15 years or so getting a "real life" education because I couldn't afford a college education. I've watched kids straight out of college walk in to positions that they couldn't handle just because of an overpriced education, just to lose the position due to their lack of experience. The job market has unrealistic expectations of master's degree + X amount of experience in most position that will pay a "live-able" wage.
i like you, thanks
vaisnava 1 month ago
Other matters involve training, apprenticeships, & other such on the job development. Those responsibilities have been relieved of corporateers to become an unjust burden for citizens but without any prospects. Not only is further socio-economic disparity & debt promoted but ensures the trap is set for citizens to become indentured servants for generations to come.
Correction would occur if citizens avoid, strike, or invoke other such determined protest while demanding proper adjustments happen.
franknblunt 1 month ago
Education is a suffering social institution & just like medicine it has been heisted by corporateers & despotic oligarchs to become a profit making enterprise. Kleptocrat administrators & trustees have corroborated since they also serve as corporateering boardmembers to sell out the institutions, the public trust, & disregard the public good. Conflict of interest? Of course, corrupted ScAmerican government politicronies indulged the exploitation. The dubious & malevolent results are evident.
franknblunt 1 month ago
When Moody's said, "...choose fields of study that are in demand," he missed something.
Fields of study that are in demand today may not be in demand tomorrow.
Most recent example: Remember when everyone was saying "Get into Computers! Computers! Computers!" How's that working out? A lot of tech geeks are out of work... their jobs exported to India.
crazyunkle 2 months ago
One small problem with this video: student loans cannot be discharged through default.
Why would someone default if it cannot be discharged?
hailholyghost 3 months ago
It's interesting that left wing politicians support both open borders and college educations when illegal immigration has a negative effect on the worth of a college education in the "real" market.I blame our bank owned government,They influence the politics on open border & want bigger student loans for college then spin main stream media into convincing people college is your only choice if you want a future.College is simply taking out a loan to read a book,you don't need to go.
jaydenfre2413 5 months ago
This video was actually interesting. For the first time, I actually didn't think about riding her doggy style while wearing a cowboy hat. I'm impressed.
JesusManson323 5 months ago
@JesusManson323 She is mine, do not think about nasty things....
Santor6 4 months ago
Government intervene? The reason these universities have jacked their prices for like the last 40 years is because of their loans and grants!
rdrake316 5 months ago
As opposed to the housing market, I welcome a student loan bubble popping because maybe all these for profit colleges will go bankrupt and also maybe some of these stupid expensive school can close down too and college cost will go down.
blacklite911 5 months ago
college should be free.
mrzack888 6 months ago 12
@mrzack888 Nothing is for free, it has to come from somewhere.
bigboywasim 3 months ago
@bigboywasim yeah, the fuking rich corporations should pay extra taxes to make up for it becuz it takes advantage of the public school education system for educating its workers.
mrzack888 3 months ago
@mrzack888 College should be affordable, not free. You can't have something for free because someone else has to pay the bill. In the case of a free college, tax payers would be getting a bigger bill than the one they have right now.
MrEniena 1 month ago
@MrEniena cut defense spending, use that money on college.
mrzack888 1 month ago
@mrzack888 no it shouldn't commie!
Zac6230 1 month ago
@Zac6230 tax payers money should be force to give everyone a free college education. but individuals can decide which type of 4 year degree to pursue, a university or technical or vocational school. i'm no commie you fool, this result will end with explosive capitalistic growth you fool. gotta spend money to create mo money. dummy. you the commie, don't even know basics of business.
mrzack888 1 month ago
@mrzack888 you're a naive child
Zac6230 1 month ago
@Zac6230 NO U r a naive and selfish and 1 dimensional thinking man.
mrzack888 1 month ago
@mrzack888 I'll keep that in mind you poverty stricken loser, now shine my fuckin' shoes
Zac6230 1 month ago
@Zac6230 it's attitude like that that makes you THE fucking Loser. Selfish, psychopathic, sociopathic, lack of sympathy disgusting, did i mention selfish, deluded sicko.
mrzack888 1 month ago
Comment removed
krane121 6 months ago
This has been flagged as spam show
Education should be free!
ianjohn05 6 months ago
Graduated in November, my student loan payments total $1,300, my income = $0
annerxoxo 6 months ago
There is no statute of Limitations on student loans. You must eventually pay them back.
leagueleader47 6 months ago
Background noise...ANNOYING... Lori...GORGEOUS
nylawyer55 6 months ago
Given the choices our government has been making for us...
...it appears that we ALREADY ARE a confederacy of dunces.
trat50 6 months ago
marry me
abuzik14 6 months ago
Governments usually don’t pay much attention to education as it is unfortunately considered as something politically useful only during political campaigns, an expense at the very best..
Maybe is because Governments are temporary and the price of a poor education now, will be paid in the future (and that’s other Governments’ problem)
JPortfolio 6 months ago
if they can't get jobs they aren't entering the work force. you really are just a parrot, aren't you. you look pretty and repeat what other people say without understanding the words.
robhardy66 6 months ago
We're so clusterf@cked that I am now officially joining the "titties" team!
dorvekable 6 months ago
The government controls the student loan market so your assertion that we need government intervention to solve a problem caused by government intervention is rather absurd. Tuition prices are high precisely BECAUSE the government is involved, the university knows that it will get the money no matter what and the student is stuck paying back the gov for the next 40 years of their life. Coincidentally, the higher tuition prices, the more government thinks it needs to step in to make more loans.
anryth 6 months ago
I wanna bite your nipples
MrSeekerofjustice 6 months ago 5
@MrSeekerofjustice Thinkin' of, will her tits' bubble pop out, too?
dorvekable 6 months ago
@madbig1965, haha ! I pity her husband (if she has one). I bet he permanently wears ear defenders.........
But is also bet she's single and simply has lots of girlfriends to whom she can gas all day to either on the phone or at a girl's night out.....
Jez2008UK 6 months ago
You can't really walk away from a student loan. Even bankruptcy won't get rid of an outstanding student loan. If you don't pay it off, you will owe it until the day you die.
madbug1965 6 months ago
@madbug1965 Slavery at it's finest!
Luvie1980 6 months ago
Peter Schiff exposes college scam:
youtube
/watch?v=llrmq8q3E24
andersottesen 6 months ago
Comment removed
andersottesen 6 months ago
who cares, take off your shirt
Dadge42 6 months ago
I always ending up staring at her mouth and the various shapes those lips make.....
Jez2008UK 6 months ago
@Jez2008UK I know she has a big mouth. I usually turn the sound off on her videos.
madbug1965 6 months ago
More 'reactive' than 'proactive'??? Really! You are giving the government too much credit about student loans. They haven't figured out that being 'proactive' is the best way!
natedogs212 6 months ago
I always just end up watching her neck.
Z1danele0n 6 months ago
This is what Republicans want, for only the rich to have a higher education. The poor uneducated masses are easier to subjugate.
rickythepilot 6 months ago
@rickythepilot typical lib....blaming random entities for your own shortcomings i.e wall street, republicans, the rich.....get a life
shotsky94 6 months ago
@shotsky94 Go troll you mom you little punk.
rickythepilot 6 months ago
@rickythepilot sad little libbie
shotsky94 6 months ago
Don't forget the forbearance given on Stafford Loans. You have 5 years if you can show you are not working. This might be extended if the gov't gets its head straight.
nicholas9999 6 months ago
liked this one
prophet60091 6 months ago
that background sound is really annoying :(
yimldsru2 6 months ago 30
@yimldsru2 I guess it's supposed to be bubbles :)
holden190 6 months ago
In my experience, recent grads' lives revolve around partying and video games. They have no work ethic.
zck7 6 months ago
I wish our government in Westminster would actually learn from what's going on elsewhere before its too late and scrap student loans rather than lending out hundreds of thousands of pounds to students who are never going to pay that money back instead of just penalising those of us who have actually chosen to do a degree that will benefit ourselves, our income and our society.
Chris8016 6 months ago
Everything pops that the government becomes involved in.
truthforamerica 6 months ago 2
Lori, the colleges have no reason to drop their prices. Why would they when the Government is so eager to lend more and more money to students?
And you're wondering why the Government doesn't "intervene"? The Government is the one that supplied all these easy loans and created this whole mess in the 1st place.
A detailed explanation of the root cause is available here: /watch?v=MCecGGdELOQ
LibertyDownUnder 6 months ago
college costs are completely ridiculous.
thwipp 6 months ago
stick to math and science and go to the cheapest yet highest value education for your dollar colleges. not name brand but high quality education per dollar. THAT's how you do it right. THAT's how i did it right. life's good! i had no debt when i finished college and life is awesome now. no debt! and i own and drive a yellow lambo ;)
scir91 6 months ago
how did you get so sexy?
BIGBROTHERXXII 6 months ago
I keep forgetting to unsubscribe from this hole
abramhb 6 months ago
People need to choose the right schools instead of being so naive and thinking going to an ivy league will make such a big difference.
futuredoc17 6 months ago 2
Am I the only one that was opening and closing all of my tabs trying to find a pop up that was making that obnoxious noise coming from the video? Good hell..
Nixmix24 6 months ago 2
1. Stop teaching crap courses. Its a waste of money. 2. Stop promoting sports that require huge amounts of money to support. 3. Remember there are good years and there are lean years. If you stay lean you can make it through both successfully and grow academically. 4. The generous alumni need to stop putting conditions on how their money is spent. The schools want your money but to tie their hands and insist on a stadim they don't need and won't be able to afford because their team sucks.
dspid2404 6 months ago 2
This coming from the pro-deficit spending Resident?
schulwitz 6 months ago
Regarding the Dutch schools, The Technical University in Delft scored the best with a listing on the 49th place worldwide (via the UK Times ranking).
The U.S. takes all top five spots in the global rankings. Harvard University is number one and 30 of the top 50 are American!
You get what you pay for.. I don't see a long line of US Students lining up to go to Delft, but I bet there are a lot of Dutch students who would kill to go to Harvard.
JamesJoyce12 6 months ago 2
It is relatively easy to work your way through college. Oh, strike that, it is hard, but then you leave college with just a little debt. We need to learn that a little sacrifice goes a long way. I don't mind if the average person is in debt, as long as he or she pays it off.
dsmoya31410 6 months ago
At least the homes in the US are ridiculously cheap. I watch House Hunters and people are complaining about the price of a $300k house, I can't even find an apartment for under $300k in Vancouver.
BBQPeanut 6 months ago
Obedience, debt bondage, and a free job voucher to pay off that debt bondage plus interest. If you don't pay off your debt the repo man comes and takes away your??? ability to establish yourself with credit institutions!? The repoman can stick it's intangible item in a penis press and suck on it. The repoman can stick cronyism, the lack of a golden standard, and liberal vigilantism in a penis press and suck on that to.
poopsmudge 6 months ago
I thought I had read that the student loan program was taken over by the Federal government , it was written in with the new Health care program . There's your reason for the POP ?
HowieThree 6 months ago
My husband and I pay more to Sallie Mae than we do for our rent plus utilities combined. Most of this debt is his, and if the economy was still what it was when he was in school we would likely be fine. Instead we can't afford to live without roommates and are still living paycheck to paycheck. Loan advisers gave us crap advice in school, our parents couldn't help because they didn't know, and now we pay for it.
xTenshiko 6 months ago
College is crap.
SimperingSimpleton 6 months ago
Getting an education shouldn't be about helping yourself.It should be about helping others,that's probably partly where real happiness lies
yousief 6 months ago
The governmentshould stop making laws that forces kids to go thru education that is not necessary so that there can be room for one that really gets you a job.
Standardised testing and so on is the epitome of the bad school system.
To understand the economics behind the boom and the bust one probably should read some Hayek. And to understand the current stat of our education some Lecture by Ken Robinson would suffice.
Government can not solve the problem it is the problem.
SakakiDash 6 months ago
Teachers cheating their students really sucks. A college education used to be worth something at one time. Now you can be a self-serving college drop-out and end up a billionaire. It don't figure.
httprover 6 months ago
The cream will always rise to the top.Do away with student loans,I say!
yousief 6 months ago 2
Yes, college tuition is too high, especially with the "public" colleges and universities. Why? Because of all the tax-slashing zealots who are looking to cut state budgets, and think higher education is a convenient target.
hypnometal 6 months ago
happiness in slavery...
Da0YiN 6 months ago
The real tragedy i think is that when you go to college you aren't even really paying for "education". you're paying for a degree. everything you learn in college you could very well learn elsewhere if you cared enough, but employers don't care about what you know, they care about what they think you know.
astrochiken 6 months ago
I wish I had met Lori back when she was a wild 'party girl' in college. :)
RAMKING61 6 months ago
But that's how the economy keeps going... you make the citizens slaves to their debt. They keep selling the promise that you go to college to get a great job... happily ever after. So you're stuck. A cog in the wheel.
Kingsnake1 6 months ago
got 4450 left of my 4500 loan. i need a jobbbb.
onomatopoeia162003 6 months ago
Well, I guess i'm fucked. I start college on loans in 23 days.
TheyCalledMeHunter 6 months ago 2
Anyone know if this is expected to happen in Canada as well?
MrStillmans 6 months ago
Please tell me the bubbles I could hear popping were a part of the video. I thought my last dinner was coming back to haunt me.
OrgasmandTea 6 months ago
You are Fantastic Bella ~ Mwahhhxo
Maiyaee 6 months ago
when you can't pay your mortgage, you lose your house. when you can't pay your car payments, you lose your car. imagine if when you can't pay your student loans you lose your degree.
DrawLove 6 months ago 2
@DrawLove I am sure banks are writing that legislation up and are trying to get it passed .
bonnevie9 6 months ago
Background sounds were REALLY distracting.
vicedriven 6 months ago 2
Oh how i love countires in which education is rather free! But If you don't want to pay tax you can'T have free education...
M4o 6 months ago
it took me a good two mins to figure out what that noise was in the background
then i realized it was a cheesy bubble effect
iAmEphalent 6 months ago
I went to community college my first two years and paid it off without loans by working a part-time job. I did well at said community college, prompting them to give me a $7,000 scholarship to continue my education at a 4 year school. I will graduate with roughly 10,000 in debt and a bachelors degree.While you make several valid points, the majority of us need those degrees to get decent jobs or even be considered.Well worth it IMO, one day you'll need a bachelors degree to work at Mcdonalds
kimsalamone 6 months ago
Sadly, the US is the most capitalistic country in the world and, unfortunately, everything--food, healthcare, and education--is for sale. Yay! The wealthiest country in the world makes its own citizens purchase food, healthcare, and education. All so that we don't piss off some rich people.
alaskafido 6 months ago 3
We are 100% reactive... so unfortunate.
ShaneM686 6 months ago
"Bubbles" only exist when the government inflates commodities that should otherwise be subject to the rise and fall of supply and demand. Student lenders are far less likely to be in bed with corrupt politicians so they will just raise interest rates to offset any defaults and shit will go back to normal...
gyrusmedia 6 months ago
USA should copy the Dutch tax system. 75% of the American own 10% of all the money. Now the average income of an American citizen is 47.000 $. In Holland the rich pay 50% tax and in the USA 32%. That's a difference of 18%. Means. 310.000 x 18% x 47.000 x 75% = approx. 2 trillion $ a year. Copy our healthcare system (most efficient in the world). That would also save USA approx. 2 trillion a year. The one of the US is lousy and expensive.
Brulluhman 6 months ago
just let college be paid for via taxes, like in scandinavia
endauthority 6 months ago
@endauthority nah, that would mean I'd be paying for someones education and then that idiot can drop out.
futuredoc17 6 months ago
@futuredoc17 so what? let them test the waters, it only benefits people. if they dont like the field, let them try other fields, if they dont like anything, at least they tried, thats more than we get now. our economy depends on innovation and right now we have a bunch of useless people working retail jobs
endauthority 6 months ago
@endauthority i guarantee no one would want to pay for other peoples education, that will make the matter worse.
futuredoc17 6 months ago
@futuredoc17 i disagree, look at most of the world. most people are okay with it.
endauthority 6 months ago
@endauthority Ppl hate paying taxes for other's ppl education as of now, it's just no one in this country does anything, ppl in America are like goats. They put there head down and just follow the rest of the crowd. Damn, in the UK they raised the tuition by 2% and that day ppl went out to protest, then it was repealed. What do we do here in America absolutely nothing. The major cause for this country going down is cause of the citizens, they have the chance to re-elect congress every year.
futuredoc17 6 months ago
@futuredoc17 thats certainly true to some extent, however, the apathy can probably be attributed to the fact that americans have no real control over the political system. We dont pick our candidates
endauthority 6 months ago
@futuredoc17 *we dont pick our candidates, the news industry does.
endauthority 6 months ago
@endauthority no the citizens do but there so ignorant for electing fools..
futuredoc17 6 months ago
@futuredoc17 nah, the media chooses whos viable, and we sometimes choose between those two, assuming the elections arent stolen like it was in 2k
endauthority 6 months ago
Comment removed
futuredoc17 6 months ago
@endauthority "we sometimes choose those two" you just said it my friend. Like i said ppl are like goats.. Besides that, how do you explain the elections of congress men?
futuredoc17 6 months ago
Move to Holland, we've got 4% unemployment and our WWII babyboom is about to retire. The money in the US is stuck. 75% of the money is owned by 10% of the American. How do you get that money to the middle class. By taxing when they don't invest in the middle class. US gov. should take it from them when they don't invest in education or the house market. When you buy a house in Holland, you'll get a tax cut for the interest you pay. People start buying houses, those have to be build. Voila.
Brulluhman 6 months ago
@Brulluhman
Well, I don't speak Dutch..;/
strongyang 6 months ago
@strongyang It's like South African, a little bit different.
Brulluhman 6 months ago
just let me graduate first...
endauthority 6 months ago
A stimulis that was 40% tax cuts wasn't enough to bring us out of a recession. The republicans will crash our economy to make sure obama is not re-elected. Tax cuts do not creat jobs. working americans pay taxes and creat jobs by consuming.
Twostones00 6 months ago
@Twostones00 how exactly will republicans crash the economy with tax cuts
shotsky94 6 months ago
@shotsky94 Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Far from paying for themselves with increased economic activity as promised, the tax cuts have depleted the public treasury. Tax collections have plunged to their lowest share of the economy in 60 years. That is how.
Twostones00 6 months ago
@Twostones00 You are making the assumption that tax rates are directly correlated with tax revenues when they are not (taxable income elasticity). Citing tax revenues as a % of GDP is completely irrelevant and is a skewed statistic used to mask the truth. We dont have a revenue problem we have a spending problem. You could confiscate all the wealth of everyone making over 250k per year and still not be able to fund the government for one year.
anryth 6 months ago
@anryth You are obvioiusly a fox news watcher. You should stop doing that, it is rotting your brain.
Twostones00 6 months ago
@Twostones00 Actually, no I am not. Fox news, imo, is really no better than MSNBC. Both advocate big government just in different ways. One side wants the government to control everyone's economic lives from cradle to grave while the other wants an expansive military empire and both support the federal reserve. I am a libertarian so i disagree with both as there is little difference between socialism and fascism. You have to go further than just the surface to really understand our problems.
anryth 6 months ago
"The housing market went".
The housing market hasn't gone yet. We have only seen a relatively minor correction. The main part of it was postponed because of the money the government pumped into the economy.
The housing market still needs corrections of about 30-35% down before prices are at the level they 'should' be historically corrected for inflation etc.
deram 6 months ago
THERE IS A BONG MAKING SCHOOL??!! Put a link resident! LOL
sancombru 6 months ago
Hate to break it to you, but we are already a confederacy of dunces.. Just look at how many people watch, and believe, Fox news...
AndrewAtoZ 6 months ago
@AndrewAtoZ Fox news is for dumb fux. It is part of the dumbing down of america. Sad isn't it?
Twostones00 6 months ago
all why i'm going to a small college that is cheep, that i can actually work while going to school and pay allot of it off at the same time. and going int he teck industry. hoping to take as few loans as possible. I hate owing money to people far to much.
BRockBRollBU 6 months ago
why are university fees so high anw? because professors are paid high for spending much on their own education in university? then its just gonna be a never ending cycle innit.
sooo what youre telling me is to not study eh? haha
clementckw 6 months ago
Isn't university free in France?
Markstubation01 6 months ago
The problem comes from schools like University of Pheonix and Kaplan, which basically offer unaccredited programs. The students wont find jobs after they graduate but when their in school, they get as much student loans as possible.
MihaiBorcan 6 months ago
I say let it pop. The entire system needs to be re-done anyway and they need to put back student loans in the claims for bankruptcy.
Luvie1980 6 months ago
you could make a single video titled: We're all fucked, bye. That'll sum it all up just nicely.
kraftsportNO 6 months ago 35
@kraftsportNO lol, so true
pacman211 6 months ago
MILF <3 if not then SILF
TheLiquidSolid 6 months ago
Sunshine! "Everybody Loves the Sunhine"
chromosom9509 6 months ago
Right on target with this one. For more in depth info you should watch NIA documentary College Conspiracy. Don't be fooled by the word conspiracy in this one, I promise it's not about aliens or lizards.
strava86 6 months ago
I love the background music. I wish all youtube videos made it sound like my roof is leaking
Donyvi 6 months ago
I believe we should rid the current system, and start a apprenticeship-like system. More than half of my credit hours needed to graduate was to classes not a prerequisite for my major. I had to take Classes like Art history, chemistry, and philosophy. These classes have nothing to do with accounting. I understand the "broadening one's horizons" argument. I just don't agree with it. At least give me the option to opt-out of those classes.
hollyhoodjoe123 6 months ago
Couldn't agree more...For those of you in college or considering it and you want a tech job. A lot of jobs in the bay area don't require a college education but you do have to be smart. Walk in with great projects that you worked on own and you will have no problem getting a job.
alita589 6 months ago
7 beers and 2 shots of Vodka.
arofluv 6 months ago
I had a friend who met Barbara Bush during the 1980 Reagan/Bush presidential campaign. He asked Babs why they were against student loan programs? "Too many uppity students - it's so hard to find good, respectful servants nowadays."
That's what's driving this whole issue.
audadvnc 6 months ago
student loan debts have kept me in poverty my entire adult life, and i will die poor because of them.
TheAist 6 months ago 26
I wonder what will happen next. I mean, by the time I am an adult, what will happen to the college degree for my kids? Luckily, I did not take out a loan. And yes, students cannot find jobs. People always tell students to study what they love. I think I will carefully select the TYPE of university my children go to because unless you are good at studying or love engineering or health, its just bad news bears.
quitejaded 6 months ago
... except student loans are government guaranteed.
Education (and healthcare) should NOT be done on a for-profit basis. And at the moment, the sharks have a huge profitable educational lending racket going on.
dangerouslytalented 6 months ago
@dangerouslytalented nah everything the govt gets involved in, prices skyrocket...higher ed, housing, healthcare.....govt is the problem; not the solution
shotsky94 6 months ago
@shotsky94 No, actually it doesn't. It depends on the manner in which government gets involved. For example, in every country that has government funded single payer healthcare, healthcare is much, much cheaper, AND more effective, even the private option.
dangerouslytalented 6 months ago
@dangerouslytalented single payer is a good idea but i just dont think it'd work in america. it would be better on a state-to-state level i think....wait what is single payer again...is it where everyone's forced to buy insurance?
shotsky94 6 months ago
@shotsky94 Single payer is medicare-for-all, where the government pays for most medical bills. Australia has such a plan, with a private option for those who do not want the waiting lists for nonessential procedures.
dangerouslytalented 6 months ago
i mean the background music, why does it sound like blobs and bubbles?
saulwilliams56 6 months ago 2
Its a metaphor for the student loan bubble. @saulwilliams56
quitejaded 6 months ago
@quitejaded i supose that is pretty obvious -.-
saulwilliams56 6 months ago
whats with that music????
saulwilliams56 6 months ago
Hawtness
mrzack888 6 months ago
Couldn't agree more, I've spent the last 15 years or so getting a "real life" education because I couldn't afford a college education. I've watched kids straight out of college walk in to positions that they couldn't handle just because of an overpriced education, just to lose the position due to their lack of experience. The job market has unrealistic expectations of master's degree + X amount of experience in most position that will pay a "live-able" wage.
Lorinwv 6 months ago
Wait, aren't most Americans dunces already?
Also, why do I here bubble noises?
EnervatedSociety 6 months ago
and the department of education will send the SWAT team with a no knock warrant. search youtube for "swat student loan"
intuitiveexplorer 6 months ago
well its not like ur going to get a decent job without that degree
psp785 6 months ago
This has been flagged as spam show
@psp785 ... well it's not like you're going to get a decent job with that degree anymore either
> well its not like ur going to get a decent job without that degree
intuitiveexplorer 6 months ago
Peter Schiff has been saying this for a while now, and so has Peter Thiel.
ADRIANC92ER 6 months ago
America down fall in the making
hdzsound 6 months ago
luvv watching yaa,.,.,.hahaa
smithyboytv 6 months ago