Guaranteed govt. funding for college takes the competition out of the equation. And when competition doesn't exist you get lack of disclosure, the worst service and product, and massive corruption. Consider the competitive market, think of a business that you go into that treats you like gold and does the best to get your service and keep it. Lenders need to compete for the lender's business; otherwise you get all the negatives mentioned above.
@DontGoToCollege Actually, there's legal and illegal insider trading, and you'd have to also define "insider" which in the United States and Germany corporate insiders are defined as a company's officers, directors and any beneficial owners of more than ten percent of a class of the company's equity securities. But most use the term 'insider training' to mean illegal, of course, as I was stating here. My question, of course, was facetious
Someone please explain this to me...This man keeps bringing up "Well I was told that I will make a million more dollars than the guy without a degree"..Do we really need to looks at statistics for this? People with degrees DO MAKE MORE MONEY! Sure there are others who don't but which is more common? I'm sure this guy got screwed with loans but I happen to know Aerospace Engineers who just got out with a BA and are making over 50K. If they have loans they shouldn't have a problem paying them off
@sandsurfngbomber Aerospace Engineers... making over 50K? I would have though they'd be making a lot more than "over 50K"? In Australia, you can make "over 50K" working in a call center.
@sandsurfngbomber Please see me videos The Million Dollar Lie. People with degrees DO NOT make more money just because they have a degree. The degree is not a relevant factor except for a few career choices such as medicine or law. Thanks for your comment!
Yes, it's true, this is a scam,but let's not "throw the baby out w/the bathwater" here.All college degrees are tough to obtain.We work hard to get an education to better ourselves &to make a contribution back to society w/our skills.The real problem here is our society not appreciating education¬ rewarding people for being productive&working hard to better themselves.Tuition was practically free 20+ years ago-why?Why are students being punished for getting an education today?What's going on?
EDUCATION IS GOOD BUT ONLY IF THE WORLD IS NOT IN A BRITISH ECONOMIC MODEL - MONETARISM AND GLOBALIZATION. THE AMERICAN SYSTEM UNDER THE LAROUCHE PLAN IS THE RIGHT MODEL FOR STUDENTS BECAUSE THERE WILL BE GUARANTEED JOBS WHEN THEY GRADUATE. AND UNDER A FIXED EXCHANGE RATE SYSTEM-THE STUDENT LOANS ARE CAPPED TO 2% ONLY. 4% IS SAVINGS RATE. TWO-TIER CREDIT AMERICAN SYSTEM OF SOVEREIGN NATION STATES.
Lots of people are struggling to pay bills today, I think most people don't care anymore if they are in debt up to their eyeballs. No one cares. Rock bottom is right around the corner.
The price of college should be based on what degree you are 'buying'. Psychology BA should cost like 5k at most, along with many liberal arts degrees, like philosophy. Then for an education degree, english 10k, or nursing, engineer 50k so that the projected income counts. If you need a ph.d to earn it, like with psyche then the ph.d might cost 50k but the bachelor 5k.
@Foreshadow44 That is a very good idea, but schools wouldn't adopt that tiered value system...unless the Fed Gov't stopped guaranteeing student loans for any major. If the Fed didn't guarantee loans for low value degrees like Philosophy, History, etc, the schools would have to discount those types of degrees so that average students could pay for those out of pocket if they wanted. Of course, the universities would probably just discontinue those courses (which might be even better).
@saintgauden If the universities discontinued those low value classes like Philosophy, Religion, etc. they could then make the BA a two-year degree instead of a four-year degree (this would be ok because most of the stuff you have in the first two-years of the BA, you already had verbatim in high school...if you went to a decent one). Of course, this would cut the schools' profit in half per degree...therefore it is unlikely this will happen at many universities.
I have recently graduated with my Bachelors Degree in Computer Science & Business. I have grants and scholarships that lowered my total loan to about 32,000. With the economy still crap, I have been still working 35 hours a week to barely to make the payments. I've been looking for a job since November 2010. I am engaged and have a future. How the hell do they expect you to pay 850 a month loans plus manage other expenses? This is ridiculous..
@samantha34ize True, but the problem with getting any loans for college is that right now students are graduating without been able to get a job to pay the loan. Or the jobs they are getting pays 25-27K with the degree.
Why is DontGoToCollege so obsessed with this? Most people who choose a path in life don't devote their lives to campaigning against the path they didn't take...
I get the impression that the banks have found a whole series of "profit nodes" to stick up the American people...from mortgages, to credit cards, and here, to student loans. Stay clear of these guys, and their sales pitch for easy credit. They profit first, and mightily. If it sounds too good to bet rue, it likely is. Be careful and responsible by treading carefully. The old adage "may the buyer beware' is as true today, as it ever was.
@nosmailliwydocbocaj they can garnish wages, its called predatory lending, they know that when you get out the job market is very poor, and they can get a judge to order your wages garnished to pay back the man, with the high interest rates, its hard to even touch the prinicipal, thats how they have created a nation of debt slaves.
In college, in the mid 1980s, I was told more than a few times by fellow students to "just get the piece of paper (degree)", when I claimed I didn't feel like a particular class was teaching as much or as well as it could. We did have some good mentoring (by most profs and TAs) and good lab equipment to practice on, but most of the rest could've been learned--as was stated in one of your other videos--in any sizable public library.
In hopes that students from these schools might be able to submit their information into an online database. Just go to the Campus Progress website and click "for profit colleges" then scroll down and click "submit your story"
We need to do like Egypt and get some damn guts!!! Sallie Mae and any other lender needs to be demolished. This country is more fucked up than we think. WAKE UP PEOPLE! They are misusing and abusing us, and use other tactics to pacify us. This shit has got to end; to many of us followed protocol because we thought we were doing the right thing. Well weren't we wrong?! Land of the free MY ASS!
Private university, no scholarships or any help, family with bad credit and myself with no credit, only folks able to help were my grandparents (co-signed), recent grad with NO JOB...yeah I can't leave the country and have this evil corp hounding and attacking my elderly grandparents....I'M FUCKED!!! If they weren't in the picture, I'd say whatever, but now...DAMN DAMN DAMN!!!
If you go to college,you're going to make someone else rich. Look at all the freaks in hollywood who are making millions. How many of them went to college? How many needed to go to college? Just have to have good looks and a bunch of life-issues. To make money,get in the entertainment industry.
Did you represent yourself? I too was kicked out of Grad school just shy of obtaining my doctorate. I have an attorney that is looking into filing a Federal suit against the university. My attorney is also considering filing a cross complaint to Sallie Mae and attaching the university to the case. I am looking for the best resolution. Any advice would be greatly appreciated.
@wolgreth I studied abroad in London for over a year (finished my degree there), and when they want to go to a university, they get the money. No private loan junk. Now they do have to pay it back, but here's the kicker (and makes this country even more lol), they don't have to until they get a job. AND their government has it where, they are only obligated to pay the loan back when they can afford to, meaning a higher paying job. Until then, they don't have the stress we do, if at all.
I too was bamboozled into getting a degree funded by sallie mae. My school denied me perkins and other grants just to steer me and others towards sallie mae. Now they own my soul.
This paved the way for the foreclosure mess for which the involved banks are being investigated today. Sallie Mae loans are unscrupulous and not worth the paper they are printed on, they are simply a way of extorting money. If our government thinks Sallie's tactics are okay they have indeed turned against the people. Sue Sallie Mae and give the money to the people who's lives have been ruined by these terrorist practices.
dam that sounds illegal almost. the government pays them for defaulted loans and then they collect on loans that have already been paid. that is bullshit. unfair practice
Its always an INSIDE JOB in one way or another- If people stop participating in this crooked system then it will collapse. The people at the top never listen to peoples hardships, but they will listen to your dollar! Remember these corporations are money junkies, just like a heroin junkie can't get enough heroin- they can't get enough money!!!! Once you learn that its all an inside job, you finally realize its not your fault. U.S. needs production, not consumerism.
Unfortunately, this agency (if they can be considered so) was the only way i could get my tuition funded for film school. They spam you CONSTANTLY and mail really confusing letters in the mail, sometimes 7 in number. I enrolled in the auto debit and i was hoping that the moment at 9 am the day my first payment was due, it would be taken from my banking account. Turns out they didnt take it out, therefore putting me a one day late hole. What the hell is the of auto debit if they wont take it out!
Just to make you all think. Yeah he might be able to get an engineering job here, but I'm sure there are plenty of nut cases out there that would love to put a rocket scientists skills to use. Think about it people, the engineers in Russia lost their jobs and I'm sure they started cropping up in middle eastern countries. Just something for all of you to think about. Break someone down enough and they'll figure out a way to survive which you might not like.
@sabermovie my thoughts exactly. Besides, why not just ignore the debt and not pay. ever. let is stack, stop believing in debt! It is usury when the interest passes up the principle. So they can just go fly a kite.
Forget about reporting on the people who fall on hard times and can't pay thereby having their loans balloon out of control. We don't need "horror stories" to see the extent to which Sallie Mae will abuse its customer under the cloak of "legitimacy." They have ways of abusing customers who pay correctly and ON TIME! I have never been late and still can not get my payments applied as I direct on Sallie Mae's end!! Sallie Mae needs an invasive government audit!
Thank God I came across this video. I got something in the mail from Sallie Mae and was interested, until I saw this video. Now I'm ripping that letter I got from them up and throwing it in the trash. Screw them.
Since the Student Aid and Fiscal Responsibility Act is in effect from July 1st, does that mean that I still need to borrow from Sallie Mae and deal with their shady practices? On the federal website, it says I can borrow up to a maximum of $31,000 federal direct loans, but I need $80,000 for school then that means I still need to borrow $50,000 from Sallie Mae. I'm so screwed either way...
I am a special ed teacher. I make crap money and I owe 97 grand in student loans. I am terrified of how on earth I will ever pay back all of this money. i heard that high need areas will allow for loan forgiveness only I must work here for 10 years and then only 15 grand is forgiven and not on the interest. what the hell is that?
if pp stop getting higher ed. degrees, what kind of country will we have? Perhaps one that imports all of its doctors and scientists and mathmaticians etc.
@barbcinque It pains me to hear that you have $97k in debt. I am glad that you teach the disabled (of which I am). I suggest that you buy "Total Money Makeover" by Dave Ramsey. He will show you how to tackle it with taking extra jobs at night and on the weekends while living on half of what you make.
@barbcinque About people getting higher ed degrees, I personally was lucky that I received a small trust fund and was stupid enough to live off it and go to school off it. However, I dodged a bullet by not taking out student loans. Now I have an AAS in Electronics and am debt free. Now, barely anyone gets trust funds but there are ways of paying for college that do not involve loans and if people go they should aim for tough engineering degrees, not worthless BAs in Sociology.
Man I'm so glad I dodged this bullet. I went to school, paid myself, got "some" financial aid, but then almost two years in and enjoying my studies I did what I said I wouldn't do and "got a student loan" but I made sure I only got what I needed for school, "nothing more" like most students do (keep the extra money) but after a while I had to quit because I just couldn't afford it.
well it is possible to flee the country to avoid paying the debt but be carefull because if you ever come back you may find yourself in big trouble especially if the loans are federal loans. If you decide to leave make sure its permanent, the issue is where will you go and work. most other countries will not hire foreigners.
@DontGoToCollege I think this will be the next trend, especially to flee to China. Also student loans are fixed rate, so in a few years inflation will wipe out your debt.
@reesescupbrandy1 The co-signer can leave the country too. I've been through two colleges and go two degrees and I also worked at a bank for two years as a student loan officer - it is nothing less than criminal how people get in debt in order to get a college degree. Insinuating that a person makes more money or gets better jobs with a degree is deceitful.
@00dev I've actually thought about that. I'm not aware of any other county that prevents people from discharging student loans in bankruptcy. My plan was to move to Canada, become a Canadian citizen, declare bankruptcy and start over.
Applying for asylum in Canada may be an option, based on our status as indentured servants--slaves.
@00dev What country would you go to? Would you be able to get a job there with your degree? Would the university acknowledge your degree if the loans have not been paid?
@00dev Sad, but I'd say yes. This is thanks to the fucking liberals passing these bills to tap out of us and our disabilites, to pay for the deficit. FUCK them. I'm a disabled veteran, and am fucked.
@00dev Sure thing....move to a communist country like Vietnam or China....you could probably put your money in the bank over there and they wouldn't let the US Fed get a hold of it. Or you could get credit cards with high limits, pay off most of your loans with cash advances, wait three years or so and then declare bankruptcy.
@saintgauden The latter is probably the best was to do it. Apply for as mant credit cards you can get...max them all out with cash advances, then dump them on your loan.
@WisdomThroughLogic Well, not these days....for one thing...most of the money you got from cash advances would be eaten up by fees, then you have to consider the crazy interest rates (because you couldn't just take out $50,000 in one day from all cards combined). Believe it or not....you could teach English in China fairly easily....they'll pay your visa, pay for your housing and food, and then on top of that give you maybe the equivalent of $20,000/yr in RMB.
The major problem with the US is that it has a very developed social theory and the powers that be have developed every way possible to keep the average person poor. In these other countries...maybe you can't be president (you can't really be that here either), but there are ways for you to prosper and hoard money. Here, your potential is pretty much set early on...the social theory keeps certain groups down...and the laws control everything a common person could possibly do to bcom wealthy
I was kicked out of grad school for taking a drug test and the drug that came up was a prescribed medication that i had the prescription for. I showed the director of my program the physicians script and he said that I still could not graduate because of this. So now I have 60,000 in debt and no degree. I tried to sue the school but the judge threw the case out before it could come to a trial. What should I do? The school got the money, denied me education, and Im stuck holding sallie mae's bag.
@DontGoToCollege When you get in debt in a college program, the directors know you are in debt and cannot get out, the have you by the balls, the director of the program also got accused of sexual predatory practices by the students, but he is rich and has lots of connections so he gets away with evil deeds, thats how the world really works, people with money and power and connections enslave other people, its a power ego trip. most good non predatory people are naive until they get scammed
@HealingVibrations Umm if you really have an prescription for the drug then you probably could sue the school for all your money back plus fees. I would seriously go talk to someone in law who knows how to go about handling the problem.
@TVFOGGED i did get a lawyer, and after a year of dispositions, he asked me for 3000 dollars up front to continue the case, i did not have the 3 grand, and the judge through my case out before i even got a chance to go to a trial. All i needed was a jury and they would have seen that i was ripped off, and gave me my tuition money back, but the judges are sometimes friends with the university officials, and its a small town racket, that you cannot win. Especially if your not a freemason.
@lilpiska i did get a lawyer, 2 of them actually, but the way the world works is; many judges are freemasons, and if your university president is also a freemason, guess what??? your going to lose. i never got a trial, and i realize that the world is way far from being a place where justice and fairness is the rule of thumb, this world is really corrupt. This country America encourages and allows predatory lending, and the government is in on the racket to prey on the citizens. Real truth.
Respond to this video... The loan banks are now trying to garnish my wages. Im sure if its happening to me, then millions of other people out there that got dismissed from theyre colleges are in the same shitty situation of paying back debt for a degree that they never even attained. Its a raw deal. Other countries help students pay for school, or the school is free, or they even pay the student to go to advanced schools, but america is a predatory lending country.
I feel sorry for Allan, getting an engineering degree like that was almost impossible to achieve but he did it and what did he get in the end, no jobs. I hate those college scams and promises, nothing good came out of them.
The fallacy is "a better paying job is out there" all you got to do is pull yourself up by your boot straps. Why this is wrong is that geography, and demographics severely limit your options of employment. If you came from a poor family in Indiana used student loans to get a Computer Science degree. 1) Good luck finding a job in Indiana. 2) Good luck on finding money to pay for your trip across country in search of a better job. It is both a sham, and a shame.
Well said. I guess he didn't go to college? He certainly doesn't act like it. He thinks public college is a bad thing? Its the only thing preventing this country from becoming an idiotocracy.
I guess you're wrong. I was an engineering major and a member of three academic honor societies. Most government schools just take our money and dumb us down in the process.
who are banks to decide OUR monetary policy? and then subvert our constitutional judicial system into a banking financial enterprise, and then call it "Judgeing"? You or I didnt personally give them that authority.
The taxpayers of New York got a high-earning, tax paying Leman Brothers employee for 10 years. I more than paid back what was spent on me. And I wouldn't have done it without a solid public education.
Specking of which, I suppose you want to close all public elementary, middle, and high schools as well? Why not just flush this country down the toilet. It's pretty stupid now...why not go all the way, right?
I think that your career was the result of YOUR efforts and NOT the result of government social programs.
Speaking of New York, I suggest you read John Taylor Gatto, former New York teacher of the year, who shows the harm that government schools have done to the US - decreased literacy, increased social problems, etc.
John Stossel's "Stupid in America" shows how students in "socialist" Belgium have choice and competition in education and we don't. For private school, we pay taxes and tuition.
"I think that your career was the result of YOUR efforts and NOT the result of government social programs."
you don't think that's a touch naive?
Do you also tell your parents that your success is the result only of your own efforts?
It's one thing to 'own' your success and take responsibility (for failure too), and it's another thing completely to pretend that you have no-one to thank (let alone luck) for your success.
The myth that America is a classless meritocracy is just that: a myth.
@Dhalgren01 Your mind still opperates under the delusion that those are "Schools of Learning". Wisdom and Knowledge transcend the 3rd dimensional mental prison we live in.
American Nationalism is the most evil cult to ever exist on this planet in all of recorded history, we allow the governments of this world to force kill millions of humans across this planet so that you can live above your own means, so your happiness is anothers unhappiness and every action in THIS world bears a consequence, you are your brothers keeper and untill you realize that you will ALWAYS be blind to the idiocracy all around you. UNITED AGAINST ZIONISM.
@Dhalgren01 your right college does help you, help you get in debt!!lol but your right though whats wrong is this outrageous prices for tuition, before your dad and mom could pay it off working part time for college now its impossible
Yeah, I've heard actually that people don't want to hire college graduates because they are always wanting raises to pay for the enormous debts the accumulate. Sad!
i deferred my loan and I had the collection agency call me repeatedly at work, every 15 minutes for several hours at a time. I told them I was deferred by they told me not to speak to sallie mae anymore because it was illegal. they said they had bought the debt and I had to make a payment. but sallie mae reps were saying...the collection agency is also sallie mae but we cant talk to them directly. all we can tell u is, you are deferred. this went on for four months. I lost my job.
@MrOldSlacker Bin Ladin would not do business with such aweful immoral satanically contolled institutions, BTW hes been dead since 2001, and 911 was planned funded and executed by the CIA,i mean "al-CIA'DUH".
Yeah, according to an article in Le Figaro that came out in either 2001 or 2002, he was actually in the hospital in the United Arab Emirates in August 2001 when the CIA met with him. I always wondered why he wasn't arrested then and extradited. It makes sense that he might have been near death.
i remember i worked the auto-dialer at Sallie Mae and remember the codes we had to enter like F5, if left message for "b" for borrower to call call and remember the supers, they fixed the daily reports at night to fix any wrong "due diligence " mistakes by employees and seniors.
Yeah man... Its a rough go out there even for engineering degrees. Most of the people in the engineering workplace nowadays are engineers from abroad who recieved their BS overseas and possess an advanced degree in their respective field.
Spread the word about alternatives to higher education. Information is free and the idea that college prices keep rising and education quality keeps dropping leaves me little hope for the future
WOW! I feel so terrible for you... I too was in tears when i saw what i owed...30,000!! To me , alot of money. I didnt go to school back home. I came to the states where it is more expensive.
join the club, apperanetly my intrest was stacking up while i was in school before i even had teh chance to start paying for it.....iam fucked, and nth i can do
This is so weird, all the hard work for just 117 views?
The main flaw in your system is the step in which SallieMae is privatised. Classic Theory of keeping the government out of business, conservative liberal thinking.
You're right about the falsity of what people say about a college degree being the path to success. However, it's not so black and white. If you go for a degree that gives you some sort of license, such as a nursing degree, a master's in social work, a physical therapy degree, etc., you'll have access to specific jobs that pay, at the least, a middle class salary. If you go for a degree in English or Psych., you'll have a rough time, unless you decide to pursue graduate studies.
watch?v=Swl8frWSNEQ I knew about stuff like this in middle school to tell you the truth. Watch this and it'll shock you. If you didn't already know it :)
OK that's inspiring so let me tell you about my situation. I graduated from Beverly Hills High School and I am currently attending Santa Monica College. I'm not the school type though so I am currently also volunteering at the California Science Center. I fear if I quit college no one will ever hire me!! Although I despise college (even though I'm getting good grades) I really can't find an alternate route to getting a good career. Suggestions?
The trick is to find out what you want to do - easier said than done, I know.
In science, as I mentioned in my first video, a college degree is usually necessary. (Though high school dropout Albert Einstein did OK). What kind of volunteering do you do at the Science Center?
I know what you mean about fearing no one will hire you - we're trained in school to believe that if you don't go to college, all you can be is a janitor or lunch lady.
I am an educational volunteer you can actually go to the website and see what I do. What I know I'm really good at though is public speaking and communication I'm very good at arguing, debating, and speaking in front of a crowd. Even better than some of my professors to tell you the truth.
OK then what did you do to get that low level position and what age were you when you got it? Did you have an AA in Industrial Engineering when you got the job? And if you hadn't attended college would you still have gotten that job?
I just applied for the low level position and got it and worked hard. I have no AA in IE - don't even know if there is such a thing. Maybe it helped that I was studying IE at the time. But other people who didn't study engineering were in the department.
There was a guy I met who had a high level job at the district office - he started at the bottom too. A lot of people said he didn't deserve it because he didn't go to college - jealousy. He's a great guy and an inspiration still.
Hey I have a buddy who is majoring in Industrial Engineering. He hates school and is currently getting a 2.8 gpa. He is going to graduate in a year just like me but he hasn't interned and has no experience in the field. He also has accumulated 50k in student loans and 8k in credit card debt.
HOW SCREWED IS HE?
Is it that hard to get a job in IE with a low gpa and no experience? He really has an ego and thinks he is gonna land an 80k job at graduation!
This dude who interupts the interviews is a annoying moron.
bloodycape13 1 week ago
Guaranteed govt. funding for college takes the competition out of the equation. And when competition doesn't exist you get lack of disclosure, the worst service and product, and massive corruption. Consider the competitive market, think of a business that you go into that treats you like gold and does the best to get your service and keep it. Lenders need to compete for the lender's business; otherwise you get all the negatives mentioned above.
probrojeffro 3 weeks ago
It's insider trading. Isn't that illegal?
probrojeffro 3 weeks ago
@probrojeffro "Insider trading" is largely a victimless crime that's only used on people without high level political connections.
DontGoToCollege 2 weeks ago
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probrojeffro 2 weeks ago
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@DontGoToCollege Actually, there's legal and illegal insider trading, and you'd have to also define "insider" which in the United States and Germany corporate insiders are defined as a company's officers, directors and any beneficial owners of more than ten percent of a class of the company's equity securities. But most use the term 'insider training' to mean illegal, of course, as I was stating here. My question, of course, was facetious
probrojeffro 2 weeks ago
omg, are you guy on the 60m episode??
JogBird 2 months ago in playlist Student Debt Racket
@JogBird Alan Collinge is the guy in the 60m episode. He is the founder of Student Loan Justice dot org.
DontGoToCollege 2 months ago
@JogBird no, that's not me, that's Alan Collinge of Student Loan Justice dot org.
DontGoToCollege 2 weeks ago
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neverpayagain.co.uk
stromak 2 months ago
Someone please explain this to me...This man keeps bringing up "Well I was told that I will make a million more dollars than the guy without a degree"..Do we really need to looks at statistics for this? People with degrees DO MAKE MORE MONEY! Sure there are others who don't but which is more common? I'm sure this guy got screwed with loans but I happen to know Aerospace Engineers who just got out with a BA and are making over 50K. If they have loans they shouldn't have a problem paying them off
sandsurfngbomber 2 months ago
@sandsurfngbomber You are in some dream land.
Bllackguard666 2 months ago
@sandsurfngbomber Aerospace Engineers... making over 50K? I would have though they'd be making a lot more than "over 50K"? In Australia, you can make "over 50K" working in a call center.
DrJackJeckyl 2 months ago
@sandsurfngbomber Please see me videos The Million Dollar Lie. People with degrees DO NOT make more money just because they have a degree. The degree is not a relevant factor except for a few career choices such as medicine or law. Thanks for your comment!
DontGoToCollege 2 weeks ago
Can't go to college? Die for Israel!
nsv1041986 2 months ago 2
@nsv1041986 LOL! Nice one! :)
DrJackJeckyl 2 months ago
This video would be okay if it wasn't for that douche popping in and out to throw his 2 cents in.
dick117 2 months ago
Yes, it's true, this is a scam,but let's not "throw the baby out w/the bathwater" here.All college degrees are tough to obtain.We work hard to get an education to better ourselves &to make a contribution back to society w/our skills.The real problem here is our society not appreciating education¬ rewarding people for being productive&working hard to better themselves.Tuition was practically free 20+ years ago-why?Why are students being punished for getting an education today?What's going on?
PurrGrrl 3 months ago
THE BRITISH ECONOMIC MODEL IS NOTHING BUT A USURY SYSTEM.
rvrola 3 months ago
EDUCATION IS GOOD BUT ONLY IF THE WORLD IS NOT IN A BRITISH ECONOMIC MODEL - MONETARISM AND GLOBALIZATION. THE AMERICAN SYSTEM UNDER THE LAROUCHE PLAN IS THE RIGHT MODEL FOR STUDENTS BECAUSE THERE WILL BE GUARANTEED JOBS WHEN THEY GRADUATE. AND UNDER A FIXED EXCHANGE RATE SYSTEM-THE STUDENT LOANS ARE CAPPED TO 2% ONLY. 4% IS SAVINGS RATE. TWO-TIER CREDIT AMERICAN SYSTEM OF SOVEREIGN NATION STATES.
rvrola 3 months ago
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Tufts University in Medford, MA is the biggest scam. The school is greedy and the teachers suck.
swirlcrop 3 months ago in playlist Fler videoklipp från DontGoToCollege
Lots of people are struggling to pay bills today, I think most people don't care anymore if they are in debt up to their eyeballs. No one cares. Rock bottom is right around the corner.
Gentilejedi 3 months ago in playlist SallieMae and College Scam
The price of college should be based on what degree you are 'buying'. Psychology BA should cost like 5k at most, along with many liberal arts degrees, like philosophy. Then for an education degree, english 10k, or nursing, engineer 50k so that the projected income counts. If you need a ph.d to earn it, like with psyche then the ph.d might cost 50k but the bachelor 5k.
Foreshadow44 4 months ago
@Foreshadow44 That is a very good idea, but schools wouldn't adopt that tiered value system...unless the Fed Gov't stopped guaranteeing student loans for any major. If the Fed didn't guarantee loans for low value degrees like Philosophy, History, etc, the schools would have to discount those types of degrees so that average students could pay for those out of pocket if they wanted. Of course, the universities would probably just discontinue those courses (which might be even better).
saintgauden 3 months ago
@saintgauden If the universities discontinued those low value classes like Philosophy, Religion, etc. they could then make the BA a two-year degree instead of a four-year degree (this would be ok because most of the stuff you have in the first two-years of the BA, you already had verbatim in high school...if you went to a decent one). Of course, this would cut the schools' profit in half per degree...therefore it is unlikely this will happen at many universities.
saintgauden 3 months ago
I have recently graduated with my Bachelors Degree in Computer Science & Business. I have grants and scholarships that lowered my total loan to about 32,000. With the economy still crap, I have been still working 35 hours a week to barely to make the payments. I've been looking for a job since November 2010. I am engaged and have a future. How the hell do they expect you to pay 850 a month loans plus manage other expenses? This is ridiculous..
H4x0r18 4 months ago
no wonder, the Wall street behave the way it is. they teach their future generation about debt.
moistfaucet 4 months ago
FUCK sallie mae, Fuck Great Lakes collector's.
Bllackguard666 5 months ago
So if the gov pays Sallie Mae for unpaid loans, and the money comes from our taxes, then that means that student loans are making our taxes go up?
IwillKillYourCereal 6 months ago
the man commentator is a fuking loser i beleive if u go to college get a gov loan interst is less
samantha34ize 7 months ago
@samantha34ize True, but the problem with getting any loans for college is that right now students are graduating without been able to get a job to pay the loan. Or the jobs they are getting pays 25-27K with the degree.
lcvd1 2 months ago
The commentary is pretty annoying, I wish I could find the 60 minutes piece that didn't have this guy yammering on it.
lordbloodscream 7 months ago
Why is DontGoToCollege so obsessed with this? Most people who choose a path in life don't devote their lives to campaigning against the path they didn't take...
SaviourSole 8 months ago 2
@SaviourSole
Lol. That is a good question. Maybe he wants to spread awareness on the dangers of getting a college degree when you cannot afford one financially.
TheChromelover 7 months ago 2
I get the impression that the banks have found a whole series of "profit nodes" to stick up the American people...from mortgages, to credit cards, and here, to student loans. Stay clear of these guys, and their sales pitch for easy credit. They profit first, and mightily. If it sounds too good to bet rue, it likely is. Be careful and responsible by treading carefully. The old adage "may the buyer beware' is as true today, as it ever was.
followthefleet1 8 months ago
@nosmailliwydocbocaj they can garnish wages, its called predatory lending, they know that when you get out the job market is very poor, and they can get a judge to order your wages garnished to pay back the man, with the high interest rates, its hard to even touch the prinicipal, thats how they have created a nation of debt slaves.
HealingVibrations 9 months ago
In college, in the mid 1980s, I was told more than a few times by fellow students to "just get the piece of paper (degree)", when I claimed I didn't feel like a particular class was teaching as much or as well as it could. We did have some good mentoring (by most profs and TAs) and good lab equipment to practice on, but most of the rest could've been learned--as was stated in one of your other videos--in any sizable public library.
rredhawk2 9 months ago
So where do I get good loans. I need to come up with 30,000 dollars or I can't go to the school I was accepted to.
GogatsuKyu 9 months ago
@GogatsuKyu I suggest not going to college if you can't go with grants. Study in Cuba or Latin America. I suggest Panama.
lcvd1 2 months ago
This has been flagged as spam show
In hopes that students from these schools might be able to submit their information into an online database. Just go to the Campus Progress website and click "for profit colleges" then scroll down and click "submit your story"
keener103 11 months ago
We need to do like Egypt and get some damn guts!!! Sallie Mae and any other lender needs to be demolished. This country is more fucked up than we think. WAKE UP PEOPLE! They are misusing and abusing us, and use other tactics to pacify us. This shit has got to end; to many of us followed protocol because we thought we were doing the right thing. Well weren't we wrong?! Land of the free MY ASS!
hellokittycutie2003 11 months ago
Private university, no scholarships or any help, family with bad credit and myself with no credit, only folks able to help were my grandparents (co-signed), recent grad with NO JOB...yeah I can't leave the country and have this evil corp hounding and attacking my elderly grandparents....I'M FUCKED!!! If they weren't in the picture, I'd say whatever, but now...DAMN DAMN DAMN!!!
hellokittycutie2003 11 months ago
If you go to college,you're going to make someone else rich. Look at all the freaks in hollywood who are making millions. How many of them went to college? How many needed to go to college? Just have to have good looks and a bunch of life-issues. To make money,get in the entertainment industry.
Jinxguy1000 11 months ago
Every time they show Elizabeth Warren they should CGI a halo over her head.
drmodestoesq 1 year ago
I bet the 4 people who disliked this video are SallieMae executives and employees.
RevolverX10 1 year ago
Did you represent yourself? I too was kicked out of Grad school just shy of obtaining my doctorate. I have an attorney that is looking into filing a Federal suit against the university. My attorney is also considering filing a cross complaint to Sallie Mae and attaching the university to the case. I am looking for the best resolution. Any advice would be greatly appreciated.
maggishelton 1 year ago
this is insane......What do other countries do for their college students?
wolgreth 1 year ago
@wolgreth I studied abroad in London for over a year (finished my degree there), and when they want to go to a university, they get the money. No private loan junk. Now they do have to pay it back, but here's the kicker (and makes this country even more lol), they don't have to until they get a job. AND their government has it where, they are only obligated to pay the loan back when they can afford to, meaning a higher paying job. Until then, they don't have the stress we do, if at all.
hellokittycutie2003 11 months ago
dam what a bullshit world we live in
PUROBROWN818 1 year ago
I too was bamboozled into getting a degree funded by sallie mae. My school denied me perkins and other grants just to steer me and others towards sallie mae. Now they own my soul.
hrobbins 1 year ago
I've been looking for a better paying job for almost a year to pay faggot mae there nazi money back.
tonycns 1 year ago
This paved the way for the foreclosure mess for which the involved banks are being investigated today. Sallie Mae loans are unscrupulous and not worth the paper they are printed on, they are simply a way of extorting money. If our government thinks Sallie's tactics are okay they have indeed turned against the people. Sue Sallie Mae and give the money to the people who's lives have been ruined by these terrorist practices.
callouschristian 1 year ago
your a dum ass
cherese17 1 year ago
dam that sounds illegal almost. the government pays them for defaulted loans and then they collect on loans that have already been paid. that is bullshit. unfair practice
WonderWomanFan4life 1 year ago
Its always an INSIDE JOB in one way or another- If people stop participating in this crooked system then it will collapse. The people at the top never listen to peoples hardships, but they will listen to your dollar! Remember these corporations are money junkies, just like a heroin junkie can't get enough heroin- they can't get enough money!!!! Once you learn that its all an inside job, you finally realize its not your fault. U.S. needs production, not consumerism.
Steele3434 1 year ago
Unfortunately, this agency (if they can be considered so) was the only way i could get my tuition funded for film school. They spam you CONSTANTLY and mail really confusing letters in the mail, sometimes 7 in number. I enrolled in the auto debit and i was hoping that the moment at 9 am the day my first payment was due, it would be taken from my banking account. Turns out they didnt take it out, therefore putting me a one day late hole. What the hell is the of auto debit if they wont take it out!
TemplarReturns 1 year ago
This has been flagged as spam show
I liked how you dissed Elizabeth Warren. I am tired of her socialist, limousine-liberal rhetoric, and her Harvard mannerisms.
All she does is use other people's miseries for self-promotion.
A controlling piece of crap that wants a senior post in American bureaucracy.
Repulsive woman.
special1740 1 year ago
Comment removed
special1740 1 year ago
Just to make you all think. Yeah he might be able to get an engineering job here, but I'm sure there are plenty of nut cases out there that would love to put a rocket scientists skills to use. Think about it people, the engineers in Russia lost their jobs and I'm sure they started cropping up in middle eastern countries. Just something for all of you to think about. Break someone down enough and they'll figure out a way to survive which you might not like.
sabermovie 1 year ago
@sabermovie my thoughts exactly. Besides, why not just ignore the debt and not pay. ever. let is stack, stop believing in debt! It is usury when the interest passes up the principle. So they can just go fly a kite.
Xenkenito 1 year ago
Forget about reporting on the people who fall on hard times and can't pay thereby having their loans balloon out of control. We don't need "horror stories" to see the extent to which Sallie Mae will abuse its customer under the cloak of "legitimacy." They have ways of abusing customers who pay correctly and ON TIME! I have never been late and still can not get my payments applied as I direct on Sallie Mae's end!! Sallie Mae needs an invasive government audit!
liyhann 1 year ago
@liyhann they need to be eliminated from business.
Xenkenito 1 year ago
Our task in school was to write a professional business letter to this bitch
Lmao btw [school sucks] and i recieved a letter in the mail from sallie mae [trashed it]
=p
lnsaneBang 1 year ago
Thank God I came across this video. I got something in the mail from Sallie Mae and was interested, until I saw this video. Now I'm ripping that letter I got from them up and throwing it in the trash. Screw them.
Sallyallie89 1 year ago
Since the Student Aid and Fiscal Responsibility Act is in effect from July 1st, does that mean that I still need to borrow from Sallie Mae and deal with their shady practices? On the federal website, it says I can borrow up to a maximum of $31,000 federal direct loans, but I need $80,000 for school then that means I still need to borrow $50,000 from Sallie Mae. I'm so screwed either way...
Am I right on this?
yoops 1 year ago
Soooo I was told that Obama was going to start paying for college. Does this mean he will pay my student loans??? Where's my $20,000 check???
karatechopu2 1 year ago
@karatechopu2
HA! Keep waiting... the banksers get everything, you get fucked... end of story.
cramsa 1 year ago
@cramsa Amen.
karatechopu2 1 year ago
Great video!
warzmx 1 year ago
I am a special ed teacher. I make crap money and I owe 97 grand in student loans. I am terrified of how on earth I will ever pay back all of this money. i heard that high need areas will allow for loan forgiveness only I must work here for 10 years and then only 15 grand is forgiven and not on the interest. what the hell is that?
if pp stop getting higher ed. degrees, what kind of country will we have? Perhaps one that imports all of its doctors and scientists and mathmaticians etc.
barbcinque 1 year ago
@barbcinque It pains me to hear that you have $97k in debt. I am glad that you teach the disabled (of which I am). I suggest that you buy "Total Money Makeover" by Dave Ramsey. He will show you how to tackle it with taking extra jobs at night and on the weekends while living on half of what you make.
conservative608 1 year ago
@barbcinque About people getting higher ed degrees, I personally was lucky that I received a small trust fund and was stupid enough to live off it and go to school off it. However, I dodged a bullet by not taking out student loans. Now I have an AAS in Electronics and am debt free. Now, barely anyone gets trust funds but there are ways of paying for college that do not involve loans and if people go they should aim for tough engineering degrees, not worthless BAs in Sociology.
conservative608 1 year ago
@barbcinque I didn't have room for this in the previous posts but here are debt free ways of paying for college.
watch?v=XjLJBZ8FVmY
conservative608 1 year ago
when I finished school they said the same thing, I would be able to get a job with the snap of my fingers.. hmm?? wrong, sallie mae is a bitch..
jazztrio2008 1 year ago
@jazztrio2008
They expect the same thing for me too..
reesescupbrandy1 1 year ago
Man I'm so glad I dodged this bullet. I went to school, paid myself, got "some" financial aid, but then almost two years in and enjoying my studies I did what I said I wouldn't do and "got a student loan" but I made sure I only got what I needed for school, "nothing more" like most students do (keep the extra money) but after a while I had to quit because I just couldn't afford it.
atlasshrugged2u 1 year ago
well it is possible to flee the country to avoid paying the debt but be carefull because if you ever come back you may find yourself in big trouble especially if the loans are federal loans. If you decide to leave make sure its permanent, the issue is where will you go and work. most other countries will not hire foreigners.
TheCashistrash 1 year ago
when i finish school should i just leave the country? to avoid paying insane amount of student dept?
00dev 1 year ago 12
@00dev
I read somewhere that many college grads are doing just that.
DontGoToCollege 1 year ago 4
@DontGoToCollege
You can leave the country without paying them? What about the co-signer?
reesescupbrandy1 1 year ago
@reesescupbrandy1
If there's a co-signer then they will have to pay the loan...
DontGoToCollege 1 year ago
@DontGoToCollege
My dad is my co-signer. I can't leave. :*(
RedFlower26 1 year ago
@DontGoToCollege explain to me why they HAVE TO PAY. I mean what are they gonna do, call you twice?
Xenkenito 1 year ago
@DontGoToCollege I think this will be the next trend, especially to flee to China. Also student loans are fixed rate, so in a few years inflation will wipe out your debt.
FortNikitaBullion 1 year ago
@reesescupbrandy1 The co-signer can leave the country too. I've been through two colleges and go two degrees and I also worked at a bank for two years as a student loan officer - it is nothing less than criminal how people get in debt in order to get a college degree. Insinuating that a person makes more money or gets better jobs with a degree is deceitful.
liquidgee13 1 year ago
This has been flagged as spam show
@00dev
where will you go? seriously??
WonderWomanFan4life 1 year ago
@00dev If you join the military you can defer the payments.
dsrtflwr 1 year ago
@00dev I've actually thought about that. I'm not aware of any other county that prevents people from discharging student loans in bankruptcy. My plan was to move to Canada, become a Canadian citizen, declare bankruptcy and start over.
Applying for asylum in Canada may be an option, based on our status as indentured servants--slaves.
Esoteric0714 1 year ago
@00dev What country would you go to? Would you be able to get a job there with your degree? Would the university acknowledge your degree if the loans have not been paid?
TrueNovice 11 months ago
@00dev They will find you
TheMEK3 10 months ago
@00dev When you finish school then get a job. ya bum lol j/k but seriously just get a fucking job.
griesrt 7 months ago
@00dev Sad, but I'd say yes. This is thanks to the fucking liberals passing these bills to tap out of us and our disabilites, to pay for the deficit. FUCK them. I'm a disabled veteran, and am fucked.
Bllackguard666 5 months ago
@00dev Sure thing....move to a communist country like Vietnam or China....you could probably put your money in the bank over there and they wouldn't let the US Fed get a hold of it. Or you could get credit cards with high limits, pay off most of your loans with cash advances, wait three years or so and then declare bankruptcy.
saintgauden 3 months ago
@saintgauden The latter is probably the best was to do it. Apply for as mant credit cards you can get...max them all out with cash advances, then dump them on your loan.
WisdomThroughLogic 3 months ago
@WisdomThroughLogic Well, not these days....for one thing...most of the money you got from cash advances would be eaten up by fees, then you have to consider the crazy interest rates (because you couldn't just take out $50,000 in one day from all cards combined). Believe it or not....you could teach English in China fairly easily....they'll pay your visa, pay for your housing and food, and then on top of that give you maybe the equivalent of $20,000/yr in RMB.
saintgauden 3 months ago
The major problem with the US is that it has a very developed social theory and the powers that be have developed every way possible to keep the average person poor. In these other countries...maybe you can't be president (you can't really be that here either), but there are ways for you to prosper and hoard money. Here, your potential is pretty much set early on...the social theory keeps certain groups down...and the laws control everything a common person could possibly do to bcom wealthy
saintgauden 3 months ago
@00dev can u elaborate on not paying and leaving?
sullenboy1o3o 3 months ago
I was kicked out of grad school for taking a drug test and the drug that came up was a prescribed medication that i had the prescription for. I showed the director of my program the physicians script and he said that I still could not graduate because of this. So now I have 60,000 in debt and no degree. I tried to sue the school but the judge threw the case out before it could come to a trial. What should I do? The school got the money, denied me education, and Im stuck holding sallie mae's bag.
HealingVibrations 1 year ago 4
@HealingVibrations
That's a tough one. I'm sorry to hear about that.
It's hard to believe that a college would do that since you did nothing illegal.
I don't think anyone can deny you an education. An education is something you are entitled to . You can learn to do whatever you want.
DontGoToCollege 1 year ago
@DontGoToCollege When you get in debt in a college program, the directors know you are in debt and cannot get out, the have you by the balls, the director of the program also got accused of sexual predatory practices by the students, but he is rich and has lots of connections so he gets away with evil deeds, thats how the world really works, people with money and power and connections enslave other people, its a power ego trip. most good non predatory people are naive until they get scammed
HealingVibrations 1 year ago
@HealingVibrations Umm if you really have an prescription for the drug then you probably could sue the school for all your money back plus fees. I would seriously go talk to someone in law who knows how to go about handling the problem.
TVFOGGED 1 year ago
@TVFOGGED i did get a lawyer, and after a year of dispositions, he asked me for 3000 dollars up front to continue the case, i did not have the 3 grand, and the judge through my case out before i even got a chance to go to a trial. All i needed was a jury and they would have seen that i was ripped off, and gave me my tuition money back, but the judges are sometimes friends with the university officials, and its a small town racket, that you cannot win. Especially if your not a freemason.
HealingVibrations 9 months ago
@HealingVibrations see if you can get in touch with a lawyer. that is a shitty, shitty situation.
lilpiska 9 months ago
@lilpiska i did get a lawyer, 2 of them actually, but the way the world works is; many judges are freemasons, and if your university president is also a freemason, guess what??? your going to lose. i never got a trial, and i realize that the world is way far from being a place where justice and fairness is the rule of thumb, this world is really corrupt. This country America encourages and allows predatory lending, and the government is in on the racket to prey on the citizens. Real truth.
HealingVibrations 9 months ago
Respond to this video... The loan banks are now trying to garnish my wages. Im sure if its happening to me, then millions of other people out there that got dismissed from theyre colleges are in the same shitty situation of paying back debt for a degree that they never even attained. Its a raw deal. Other countries help students pay for school, or the school is free, or they even pay the student to go to advanced schools, but america is a predatory lending country.
HealingVibrations 9 months ago
@HealingVibrations Yep, welcome to the real world.
unytcommsys 4 months ago
@HealingVibrations Call the ACLU or ICJ
kyotoloto 4 months ago
I feel sorry for Allan, getting an engineering degree like that was almost impossible to achieve but he did it and what did he get in the end, no jobs. I hate those college scams and promises, nothing good came out of them.
blueswan1984 1 year ago
The fallacy is "a better paying job is out there" all you got to do is pull yourself up by your boot straps. Why this is wrong is that geography, and demographics severely limit your options of employment. If you came from a poor family in Indiana used student loans to get a Computer Science degree. 1) Good luck finding a job in Indiana. 2) Good luck on finding money to pay for your trip across country in search of a better job. It is both a sham, and a shame.
peart 1 year ago
The little guy who keeps interupting this is such a failure.
sdguy1234 2 years ago 3
Well said. I guess he didn't go to college? He certainly doesn't act like it. He thinks public college is a bad thing? Its the only thing preventing this country from becoming an idiotocracy.
Dhalgren01 2 years ago 5
I guess you're wrong. I was an engineering major and a member of three academic honor societies. Most government schools just take our money and dumb us down in the process.
DontGoToCollege 1 year ago
Oh sure, the University of Massachusetts totally ripped me off, dude. I got a private college quality diploma for about 1/4 the price!
Dhalgren01 1 year ago
So I guess just the taxpayers got ripped off then.
DontGoToCollege 1 year ago
@DontGoToCollege Who are you to judge?
lexave 1 year ago
who are banks to decide OUR monetary policy? and then subvert our constitutional judicial system into a banking financial enterprise, and then call it "Judgeing"? You or I didnt personally give them that authority.
TurboGC8 1 year ago
It's not clear what you mean, but the question of "who are you to judge?" is in reference to the idea that the "taxpayers got ripped off".
How do you know we're not all better off that Dhalgren01 got a diploma?
lexave 1 year ago
The taxpayers of New York got a high-earning, tax paying Leman Brothers employee for 10 years. I more than paid back what was spent on me. And I wouldn't have done it without a solid public education.
Specking of which, I suppose you want to close all public elementary, middle, and high schools as well? Why not just flush this country down the toilet. It's pretty stupid now...why not go all the way, right?
Dhalgren01 1 year ago
I think that your career was the result of YOUR efforts and NOT the result of government social programs.
Speaking of New York, I suggest you read John Taylor Gatto, former New York teacher of the year, who shows the harm that government schools have done to the US - decreased literacy, increased social problems, etc.
John Stossel's "Stupid in America" shows how students in "socialist" Belgium have choice and competition in education and we don't. For private school, we pay taxes and tuition.
DontGoToCollege 1 year ago
"I think that your career was the result of YOUR efforts and NOT the result of government social programs."
you don't think that's a touch naive?
Do you also tell your parents that your success is the result only of your own efforts?
It's one thing to 'own' your success and take responsibility (for failure too), and it's another thing completely to pretend that you have no-one to thank (let alone luck) for your success.
The myth that America is a classless meritocracy is just that: a myth.
lexave 1 year ago
@Dhalgren01 Your mind still opperates under the delusion that those are "Schools of Learning". Wisdom and Knowledge transcend the 3rd dimensional mental prison we live in.
TurboGC8 1 year ago
American Nationalism is the most evil cult to ever exist on this planet in all of recorded history, we allow the governments of this world to force kill millions of humans across this planet so that you can live above your own means, so your happiness is anothers unhappiness and every action in THIS world bears a consequence, you are your brothers keeper and untill you realize that you will ALWAYS be blind to the idiocracy all around you. UNITED AGAINST ZIONISM.
TurboGC8 1 year ago
How did zionism creep in there?? WTF
lexave 1 year ago
@lexave That was in the Garden of Eden, you might have heard that story.
TurboGC8 1 year ago
@TurboGC8 What? I ask again: what has American Nationalism to do with Zionism?
lexave 1 year ago
@Dhalgren01 your right college does help you, help you get in debt!!lol but your right though whats wrong is this outrageous prices for tuition, before your dad and mom could pay it off working part time for college now its impossible
rapemadrid5to0 3 months ago
Yeah, I've heard actually that people don't want to hire college graduates because they are always wanting raises to pay for the enormous debts the accumulate. Sad!
jmelkis 2 years ago 4
i deferred my loan and I had the collection agency call me repeatedly at work, every 15 minutes for several hours at a time. I told them I was deferred by they told me not to speak to sallie mae anymore because it was illegal. they said they had bought the debt and I had to make a payment. but sallie mae reps were saying...the collection agency is also sallie mae but we cant talk to them directly. all we can tell u is, you are deferred. this went on for four months. I lost my job.
barbcinque 2 years ago
Sorry to hear that. It's horrible what Sallie Mae can get away with. Best of luck to you.
DontGoToCollege 2 years ago
Sallie Mae is the largest SLUT out there, she will give herself to anyone who wants her.
She appears as if she is a "diamond in a rough" a woman you have been wanting all of your life to marry.
Only to be raped in the end.
esmooth100 2 years ago 3
That's great! It's about right!
jmelkis 2 years ago
80k...and interest rising...will pay untill i die!
aNdystaR08 2 years ago
No wonder your everyday americans are so pissed off ..
miragin7 2 years ago 4
@miragin7 The Psycho-social, Biological, Chemical, Magnetic Manipulation of Human Consionsness, Jedi Mind Tricks
TurboGC8 2 years ago
Sallie Mae would gladly sell out to Bin Ladin if they could get away with it and make an extra dollar.
I got off easy compared to other people who have been put into debt slavery by these pigs.
MrOldSlacker 2 years ago
@MrOldSlacker Bin Ladin would not do business with such aweful immoral satanically contolled institutions, BTW hes been dead since 2001, and 911 was planned funded and executed by the CIA,i mean "al-CIA'DUH".
TurboGC8 2 years ago
Yeah, according to an article in Le Figaro that came out in either 2001 or 2002, he was actually in the hospital in the United Arab Emirates in August 2001 when the CIA met with him. I always wondered why he wasn't arrested then and extradited. It makes sense that he might have been near death.
jmelkis 2 years ago
Bhutto admitted he was dead on live TV, and then the CIA immediately assainated her too. Now her husband is/was the PR of Pakistan.
TurboGC8 1 year ago
i remember i worked the auto-dialer at Sallie Mae and remember the codes we had to enter like F5, if left message for "b" for borrower to call call and remember the supers, they fixed the daily reports at night to fix any wrong "due diligence " mistakes by employees and seniors.
lmtelling 2 years ago 4
Thanks for the inside information.
DontGoToCollege 2 years ago
Yeah man... Its a rough go out there even for engineering degrees. Most of the people in the engineering workplace nowadays are engineers from abroad who recieved their BS overseas and possess an advanced degree in their respective field.
Crashtian 2 years ago 3
Sallie Mae and other lenders have taken advantage of a generation that valued college. Now we just regret it.
lulubellstallings 2 years ago 31
@lulubellstallings But it's all there in the very fine print where it says "we will screw anyway we can."
TrueNovice 11 months ago
@lulubellstallings I am feeling the pain now. If I knew what I know now, I probably would had never went to college.
Finessewolf 11 months ago
sallie mae is ridiculous...
mollysmithe 2 years ago 12
that they are!
DontGoToCollege 2 years ago
interesting.using taxpayers money to pay for students rather then using taxpayers to paid for SallieMae to do unsecured loans.
dan020350 2 years ago
Spread the word about alternatives to higher education. Information is free and the idea that college prices keep rising and education quality keeps dropping leaves me little hope for the future
anthonypesce 2 years ago 5
I like your videos. Thanks for the comment.
DontGoToCollege 2 years ago
I am in debt with sallie mae for 125,000 and thats from a loan that was orig. 45,000. Sallie mae is a bitch and she needs to be stopped!!!!!!!!!!!
nbarbee36 2 years ago 3
Thanks for the comment. Best of luck in getting out from under Sallie Mae. I know you'll be able get her out of your life for good.
DontGoToCollege 2 years ago
WOW! I feel so terrible for you... I too was in tears when i saw what i owed...30,000!! To me , alot of money. I didnt go to school back home. I came to the states where it is more expensive.
kmcl11 2 years ago 4
were/are you able to pay off your loans?
ionrocket 2 years ago
i borrowed 30000 now i have to pay 75000..i want to bomb it..
maneesha81289 2 years ago
join the club, apperanetly my intrest was stacking up while i was in school before i even had teh chance to start paying for it.....iam fucked, and nth i can do
pkidro 2 years ago
Haha why are you still so obsessed with this subject? It's obviously not working. When are you going to take your aluminum cap off?
And no I'm not afraid of hard work, only 'hard' work which doesn't lead anywhere
Fonk04 2 years ago
Haha - you seem to be the one who is obsessed.
DontGoToCollege 2 years ago
Haha just look at that, that's the reply?
Fonk04 2 years ago
What?
DontGoToCollege 2 years ago
Haha
This is so weird, all the hard work for just 117 views?
The main flaw in your system is the step in which SallieMae is privatised. Classic Theory of keeping the government out of business, conservative liberal thinking.
Fonk04 2 years ago
So you think that hard work is "weird"?
Sallie Mae is NOT an example of the classic theory of keeping government out of business.
Sallie Mae makes money because they have special privileges from the government.
They receive taxpayer money that no other business receives.
DontGoToCollege 2 years ago
You're right about the falsity of what people say about a college degree being the path to success. However, it's not so black and white. If you go for a degree that gives you some sort of license, such as a nursing degree, a master's in social work, a physical therapy degree, etc., you'll have access to specific jobs that pay, at the least, a middle class salary. If you go for a degree in English or Psych., you'll have a rough time, unless you decide to pursue graduate studies.
CharmingMan27 2 years ago
In my introductory video I state that except for a few specific careers (medicine, law, etc), college is a waste.
I agree a Psych or English degree is useless except at the Ph.D level...even then it's no guarantee.
DontGoToCollege 2 years ago
@4:00 lol "just get a job" (>_>)
lostinseganet 2 years ago
watch?v=Swl8frWSNEQ I knew about stuff like this in middle school to tell you the truth. Watch this and it'll shock you. If you didn't already know it :)
74u73hjd 2 years ago
Great video! I posted a comment on it.
DontGoToCollege 2 years ago
OK that's inspiring so let me tell you about my situation. I graduated from Beverly Hills High School and I am currently attending Santa Monica College. I'm not the school type though so I am currently also volunteering at the California Science Center. I fear if I quit college no one will ever hire me!! Although I despise college (even though I'm getting good grades) I really can't find an alternate route to getting a good career. Suggestions?
74u73hjd 2 years ago
The trick is to find out what you want to do - easier said than done, I know.
In science, as I mentioned in my first video, a college degree is usually necessary. (Though high school dropout Albert Einstein did OK). What kind of volunteering do you do at the Science Center?
I know what you mean about fearing no one will hire you - we're trained in school to believe that if you don't go to college, all you can be is a janitor or lunch lady.
DontGoToCollege 2 years ago
I am an educational volunteer you can actually go to the website and see what I do. What I know I'm really good at though is public speaking and communication I'm very good at arguing, debating, and speaking in front of a crowd. Even better than some of my professors to tell you the truth.
74u73hjd 2 years ago
Speaking in front of a crowd is highly paid profession. I'll send you a message with more details about how to break into this profession.
DontGoToCollege 2 years ago
OK then what did you do to get that low level position and what age were you when you got it? Did you have an AA in Industrial Engineering when you got the job? And if you hadn't attended college would you still have gotten that job?
74u73hjd 2 years ago
I just applied for the low level position and got it and worked hard. I have no AA in IE - don't even know if there is such a thing. Maybe it helped that I was studying IE at the time. But other people who didn't study engineering were in the department.
There was a guy I met who had a high level job at the district office - he started at the bottom too. A lot of people said he didn't deserve it because he didn't go to college - jealousy. He's a great guy and an inspiration still.
DontGoToCollege 2 years ago
Hey I have a buddy who is majoring in Industrial Engineering. He hates school and is currently getting a 2.8 gpa. He is going to graduate in a year just like me but he hasn't interned and has no experience in the field. He also has accumulated 50k in student loans and 8k in credit card debt.
HOW SCREWED IS HE?
Is it that hard to get a job in IE with a low gpa and no experience? He really has an ego and thinks he is gonna land an 80k job at graduation!
Rockynurse 2 years ago