The problem I see would be if you went to a private school all 4 years and never received grant/scholarship funding. If you graduated with say $150K in debt with $100K of that being from Private Loans, you would be in trouble. B/C your payment would go up to 1,150$ /month. And with no way to discharge the debt through bankruptcy if you ever couldnt pay the 1,150$ /month payment your principal would continuously increase like a neg. am. mortg. on your life. It could turn into indentured servitude
The coming inflation will wipe out a lot of the government subsidized student debt because they have reasonably low fixed interest rates and basically indefinite payment periods. Your telling me that a kid today who goes to a community college, then a great state school, and graduates with 20 years of payments at (lets say on the high end ends up with 40,000$ in student debt) 300$ month will have a hard time doing that? Minimum wage could be 300$ an hour in 20 years.
this documentary is incredibly biased. it picks out statistics to make it look like college is a horror... nurses and pharmacists and doctors and lawyers get reat employement. most of them make great money and if they can't get it they need only to move to make alot of money. I mean this documentary is only correct about inflation and the economy in general for the future, but it cherry picks bad statistics and not the good ones. my sibling JUST graduated with management and makes 50k
@Lunartechno it depends on what you get your degree in. and if you get a BS in english or science, you should expect to go to graduate school. but yes, the debt is RIDICULOUS and the whole thing is going to come down on us. end the war on drugs and END THE FED!
@Lunartechno Agreed with what you said. I mean our choices are terrible - but it doesn't make sense for some kids not to go to college just because it's expensive. Go to a community college for two years and then transfer is to a state school with a VALUABLE degree - they do exist. This does give a good perspective on why the system is a mess but unfortunately it's best to still participate but be smarter than the system. But yes, lots of kids shouldn't go to school & should do something else.
@Lunartechno It takes 6 years to be a nurse and 7 to be a lawyer...... Hence why college is a joke. The entire premise of licensing and mandatory classes for knowledge not related to the career/trade you will be entering is comical.
@Mauhadeeb28 it only takes 2 years to be a nurse, there are many 2 year nursing programs, you just have to have a high school diploma or GED, 4 years bachelor degrees in nursing are just for qualifications to be a nurse practitioner or anesthetist. it does not take 6 years unles syou have to retake courses and are getting a bachelors degree in it.
@Lunartechno You couldn't be anymore incorrect. It takes no less than 4 years to have an RN degree, 6 years with a RN and a bachelors. AN LPN in 12 - 16 months at least. On top of the RN and bachelors at least another year for practitioner. At least 7 total years to be a nurse practitioner. If you want it in less, you would have to school more than fulltime while finding a way to make money.You are also not adding in the amount of time it takes for the clinicals, which you do not get paid for.
@Mauhadeeb28 im sorry man but you just don't know what you are talking about. Anyone with a decent high school GPA or a semester or classes taking requisite courses a community college with a good enough GPA can enroll in a TWO YEAR nursing program where you become a licensed nurse(RN). A 4 year degree IS a bachelors degree. There are also master in nursing programs, as well as further studies for nurse practitioner. 2 year nursing programs are offered by MANY community colleges.
@Lunartechno As the husband of a nurse, I would have to disagree that I don't know what I am talking about. There is no way at all to become a RN in two years. It is impossible. between schooling, volunteering and clinicals, there is just no way.
Explanation: It takes about three years to get the diploma. A NA is a requirement for the diploma which puts you into 1 year of full time extra schooling not relevant to the field. IE 4 years total.*
To get the BSN it takes the 1 year irrelevant schooling, 3 years for nursing diploma, 2 years for bachelors ie 6 years*
@Lunartechno So, you don't understand I take it. To have a Nursing diploma a prerequisite of 1- 2 years of irrelevant credit hours(some states require AA degree perquisite) are required. 1-2 years + 3 for ND = 4-5 total years.(clinicals included)
@Mauhadeeb28 you can go through a 2 year associates program if you have a good gpa out of highschool. of course there is some prerequisites to being able to get out, yo have to take anatomy and physiology and a chemistry psychology etc, if you take those during the summer, you are out in 2 years. The point I am making is you are not forced to spend 4 years in school and to go deeeep in debt to have a decent salary.
@Mauhadeeb28 But I see what you are saying, to do the 2 year you have to have the requisits, but community colleges are usually cheaper comparatively. The only problem is the cost. My beef is, that nobody would be complaining about college at all if it were affordable. Its your fault if you take out loans and get a pointless degree in this economy, If you get an MD and make it out, and you go to work, you will find work and you will pay it off, but its the economies fault, not college.
@Lunartechno I do agree that there are countless of meaningless degrees. I disagree that it is only the economies fault. The collegiate bubble has plenty to do with regulations and guaranteed loans via the government.
@Mauhadeeb28 you don't get paid for clinicals, but you don't need to because its part of the learning process, im not saying its right, but nursing is a pretty promising field in terms of being able to have a job at almost anywhere. Ofcourse, if you have a bachelors degree you get get your RN and then more people are likely to hire you, for instance i believe that you have to have a bachelors as well if you are an RN to work with veterans, certain people don't hire RN's without a BS.
Remember people that by LIKING the video it gets spread.
SlipAllCityToy 6 months ago
these guys are getting beat up on their penny stock scam but good information none the less
europa 9 months ago
The problem I see would be if you went to a private school all 4 years and never received grant/scholarship funding. If you graduated with say $150K in debt with $100K of that being from Private Loans, you would be in trouble. B/C your payment would go up to 1,150$ /month. And with no way to discharge the debt through bankruptcy if you ever couldnt pay the 1,150$ /month payment your principal would continuously increase like a neg. am. mortg. on your life. It could turn into indentured servitude
pschiffforsenate 9 months ago
The coming inflation will wipe out a lot of the government subsidized student debt because they have reasonably low fixed interest rates and basically indefinite payment periods. Your telling me that a kid today who goes to a community college, then a great state school, and graduates with 20 years of payments at (lets say on the high end ends up with 40,000$ in student debt) 300$ month will have a hard time doing that? Minimum wage could be 300$ an hour in 20 years.
pschiffforsenate 9 months ago
this documentary is incredibly biased. it picks out statistics to make it look like college is a horror... nurses and pharmacists and doctors and lawyers get reat employement. most of them make great money and if they can't get it they need only to move to make alot of money. I mean this documentary is only correct about inflation and the economy in general for the future, but it cherry picks bad statistics and not the good ones. my sibling JUST graduated with management and makes 50k
Lunartechno 9 months ago
@Lunartechno it depends on what you get your degree in. and if you get a BS in english or science, you should expect to go to graduate school. but yes, the debt is RIDICULOUS and the whole thing is going to come down on us. end the war on drugs and END THE FED!
Lunartechno 9 months ago
@Lunartechno Agreed with what you said. I mean our choices are terrible - but it doesn't make sense for some kids not to go to college just because it's expensive. Go to a community college for two years and then transfer is to a state school with a VALUABLE degree - they do exist. This does give a good perspective on why the system is a mess but unfortunately it's best to still participate but be smarter than the system. But yes, lots of kids shouldn't go to school & should do something else.
jwinter228 9 months ago
@Lunartechno It takes 6 years to be a nurse and 7 to be a lawyer...... Hence why college is a joke. The entire premise of licensing and mandatory classes for knowledge not related to the career/trade you will be entering is comical.
Mauhadeeb28 9 months ago
@Mauhadeeb28 it only takes 2 years to be a nurse, there are many 2 year nursing programs, you just have to have a high school diploma or GED, 4 years bachelor degrees in nursing are just for qualifications to be a nurse practitioner or anesthetist. it does not take 6 years unles syou have to retake courses and are getting a bachelors degree in it.
Lunartechno 9 months ago
@Lunartechno You couldn't be anymore incorrect. It takes no less than 4 years to have an RN degree, 6 years with a RN and a bachelors. AN LPN in 12 - 16 months at least. On top of the RN and bachelors at least another year for practitioner. At least 7 total years to be a nurse practitioner. If you want it in less, you would have to school more than fulltime while finding a way to make money.You are also not adding in the amount of time it takes for the clinicals, which you do not get paid for.
Mauhadeeb28 9 months ago
@Mauhadeeb28 im sorry man but you just don't know what you are talking about. Anyone with a decent high school GPA or a semester or classes taking requisite courses a community college with a good enough GPA can enroll in a TWO YEAR nursing program where you become a licensed nurse(RN). A 4 year degree IS a bachelors degree. There are also master in nursing programs, as well as further studies for nurse practitioner. 2 year nursing programs are offered by MANY community colleges.
Lunartechno 9 months ago
@Lunartechno As the husband of a nurse, I would have to disagree that I don't know what I am talking about. There is no way at all to become a RN in two years. It is impossible. between schooling, volunteering and clinicals, there is just no way.
Mauhadeeb28 9 months ago
@Lunartechno Nursing Diploma: 3 years
Nursing Associate's Degree: 2 years
Bachelor's in Nursing (BSN): 4 years
RN-to-BSN: 2-3 years
Explanation: It takes about three years to get the diploma. A NA is a requirement for the diploma which puts you into 1 year of full time extra schooling not relevant to the field. IE 4 years total.*
To get the BSN it takes the 1 year irrelevant schooling, 3 years for nursing diploma, 2 years for bachelors ie 6 years*
*all including clinical hours.
Mauhadeeb28 9 months ago
@Mauhadeeb28 thankyou for clarifying exactly what i was telling you lol
Lunartechno 9 months ago
@Lunartechno So, you don't understand I take it. To have a Nursing diploma a prerequisite of 1- 2 years of irrelevant credit hours(some states require AA degree perquisite) are required. 1-2 years + 3 for ND = 4-5 total years.(clinicals included)
Mauhadeeb28 9 months ago
@Mauhadeeb28 you can go through a 2 year associates program if you have a good gpa out of highschool. of course there is some prerequisites to being able to get out, yo have to take anatomy and physiology and a chemistry psychology etc, if you take those during the summer, you are out in 2 years. The point I am making is you are not forced to spend 4 years in school and to go deeeep in debt to have a decent salary.
Lunartechno 9 months ago
@Mauhadeeb28 But I see what you are saying, to do the 2 year you have to have the requisits, but community colleges are usually cheaper comparatively. The only problem is the cost. My beef is, that nobody would be complaining about college at all if it were affordable. Its your fault if you take out loans and get a pointless degree in this economy, If you get an MD and make it out, and you go to work, you will find work and you will pay it off, but its the economies fault, not college.
Lunartechno 9 months ago
@Lunartechno I do agree that there are countless of meaningless degrees. I disagree that it is only the economies fault. The collegiate bubble has plenty to do with regulations and guaranteed loans via the government.
Mauhadeeb28 9 months ago
@Mauhadeeb28 trust me, i don't like it any more than you do. :(
Lunartechno 9 months ago
@Mauhadeeb28 you don't get paid for clinicals, but you don't need to because its part of the learning process, im not saying its right, but nursing is a pretty promising field in terms of being able to have a job at almost anywhere. Ofcourse, if you have a bachelors degree you get get your RN and then more people are likely to hire you, for instance i believe that you have to have a bachelors as well if you are an RN to work with veterans, certain people don't hire RN's without a BS.
Lunartechno 9 months ago
@Lunartechno My only problem with clinicals and volunteering is that it is required by government.
Mauhadeeb28 9 months ago
The entire culture of 'SELF' is worthless. Turn to Jesus.
anyusmoon1 9 months ago