Student Loan Scam - Private Student Loans, College Debt

[blippitybloopblop]

I''ve take 4 classes at a private university and now I'm realizing how much of a scam it is

[brianMcc25]

2:42 - 2:56 Hilarious 

[FortNikitaBullion]

By the way, how did you spell the blaragalargo at 2:52? I want to use that in my videos.

[FortNikitaBullion]

Better idea: buy palladium and platinum. Then you will be rich and successful.

[FortNikitaBullion]

@FortNikitaBullion Did you know both palladium and platinum are 10x more rare than gold, have industrial applications, and are cheaper than gold? Buy now. 10 years from now both will be much more valuable than gold. Besides, gold (and to a lesser extent silver) will be manipulated downward by the banks as high gold prices is seen as a failure of the monetary system. Buy palladium and platinum if you want to be rich and successful.

[GetGiftsForOffers]

Hey, if you're a student looking for a student loan, don't bother. There's WAY more money in MAKING the loans, let me explain.

Did you know you can finance small businesses with your own money and then make MORE money on the interest?

Check this out, it's free to join

watch?v=yNZQT3bXPMY

Hand out loans, make big money on returns = college paid for.

[CECOAdvocate]

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[CollegeReform]

Good video! Higher education needs drastic reforms. Join a movement to expose the problems with today's colleges. Type Reform Higher Education Now in the search box on Facebook or click CollegeReform below.

[r3gga3ton]

The USA college system is designed to keep you jumping over arbitrary hurdles. Tests are scheduled far apart to fail the masses + a GPA system punishes anyone learning from their mistakes, counselors are just used car salesman in disguise, and the professors are too busy worrying about their research and just repeat the same old class of reading off of a powerpoint slide half-asleep zzzzz. Just read books on your own and use your imagination! Aim for the stars! FUC YOU to corrupt universities!

[carpetburn23]

If you are contemplating taking a student loan, and have a felony on your record, you will be in debt for a looooong time, you will have few jobs offers, and in this economy....that is what they don't tell you.

[Godwad]

bwahahahah @ 2:50

[collegelifeplanning]

This is a great video. I am def going to share it; and this is totally how it is presented!

[A2Ricky]

The real worry, the only kids that go to college today are the one's stupid enough to take out one of these loans. Welcome kids to the American Idiocracy.

[luisywilli]

this is exactly the counselors in itt tech told me,, you are going to find a good job, and be susesful and pay your loan without problem, only bullshit, now im in debt, and nobody hires me because i lgot my degree in itt tech

[GloriaD5767]

Blarg blarg garble garble!!!!

[bigboywasim]

Could not be closer to the truth, nicely done.

[shadowtailasdf]

yeah, I got $11,000 in student loan debt with Nelnet. Going to college was the worse mistake in my life.

[Rockynurse]

@shadowtailasdf

11k in debt is manageable LOL. If you got a worthless degree that was a bad investment though. You could even pay back 11k with a minimum wage job if you live frugally.

[shaostyle]

@shadowtailasdf "someone" that i know put half of his student loan on his credit cards and is thinking about going bankrupt. That would not be the proper thing to do if you want to reduce your student loan. He might wait a year first before going bankrupt though.

[FortNikitaBullion]

@shaostyle I think that's actually quite clever. Won't they look at what your credit card balances come from though?

[shaostyle]

@FortNikitaBullion what you should not do is get a cash advance from you credit cards and then use that cash to pay off your debt. Also what you should not do is use your CC to buy stuff that you can turn around and sell it online to get extra cash and use that to pay off the BS student loan. Don't do that that is wrong!

[FortNikitaBullion]

@shaostyle I don't have any student or credit card debts, but would this really work to erase your student debts through bankruptcy? You can really launder your student debts into CC's doing that and they won't know where it came from? I understand it's morally wrong of course but would it truly work?

[shaostyle]

@FortNikitaBullion do some research on how the banks and CC really work, you'll be shocked how much numbers are going around and no real paper currency is. stay out of debt.

[FortNikitaBullion]

@shaostyle The thing is, inflation may very well wipe out your debt. I'm in the process of getting my credit rating up to top notch so that when I see warning signs that inflation may hit I get as much credit as I can, buy hard assets, and pay it back in devalued dollars.

[shaostyle]

@FortNikitaBullion but in inflation the currency becomes devalued, meaning that it takes more money to pay for the something. so if you save money, because of inflation, it will be worth less than it is worth today.

[FortNikitaBullion]

@shaostyle That's why you don't save; you buy hard assets, especially palladium.

[FortNikitaBullion]

@shaostyle Not if you buy palladium.

[ackilla86]

Lmao...me too@shadowtailasdf 

[KRSchannel]

LMAO!

[sueainow]

You F'in ROCK!!!  This is sooooooo to the point! I am so putting this on my website.

Carrianne Howard

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[lolstupidworld]

@sueainow I'm glad you like it, feel free to use it to help spread the word mam'm =]

[stratman06]

Or how about instead of relying on the college to get you a job: study beyond what you're taught in class, make contact with people in your chosen industry, get work experience with a recommendation letter from your tutors, form associations and start projects with other students.

Get yourself out there while still at college, instead of getting to your graduation and wondering, "what the hell do I do next?"

[Copper9]

@stratman06 might as well not go to college and teach yourself then

[mikehext]

100% true.