College Conspiracy is the most comprehensive documentary ever produced about higher education in the U.S. The film exposes the facts and truth about America's college education system. 'College Conspiracy' was produced over a six-month period by NIA's team of expert Austrian economists with the help of thousands of NIA members who contributed their ideas and personal stories for the film. NIA believes the U.S. college education system is a scam that turns vulnerable young Americans into debt slaves for life.
NIA tracks price inflation in all U.S. industries and there is no industry that has seen more consistent price inflation this decade than college education. After the burst of the Real Estate bubble, student loans are now the easiest loan to receive in the U.S., and total student loan debts now exceed credit card debts. The government gives out easy student loans to anybody, regardless of grades, credit history, what they are majoring in, and what their job prospects are. NIA believes it is illegal for the U.S. government to be in the student loan business because the U.S. constitution doesn't authorize it. Just like how the U.S. government created Fannie Mae and Freddie Mac to make housing affordable, but instead drove housing prices through the roof; the U.S. government, by trying to make college more affordable, is accomplishing the exact opposite and driving tuition prices to astronomical levels that provide a negative return on investment.
The U.S. has been experiencing 5.15% annual college tuition inflation this decade. Despite this, 70.1% of high school graduates are now enrolling into college, a new all time record. 2/3 of college students are now graduating with an average of $24,000 in debt. There is nothing special about getting a college degree if everyone else has one, and it is certainly not worth getting $24,000 into debt to camouflage yourself into the crowd. NIA's President is friends with hundreds of CEOs of mid-sized corporations who tell him that someone who skipped college is a lot more likely to stand out amongst the hundreds of applicants who apply for each job available.
The real unemployment rate in America is now 22% and 60% of college graduates who are lucky enough to find a job, are receiving low skilled jobs where a college degree isn't even required. In fact, 70% of high school graduates who didn't go to college, were able to get these very same jobs as the average college graduate. The main difference is, by the time Americans who went to college get their degree, those who went straight into the work force after high school will already have 4 to 6 years of valuable workplace experience. Instead of having $24,000 in debt, these experienced Americans will be working their way up to a higher paid position or a better job at a different company.
All across America, colleges are deceiving prospective students with misleading and often fraudulent tactics and statistics. The fact is, law schools are handing out 43,000 law degrees each year, when there are 15,000 less attorney and legal staff jobs in the U.S. than three years ago. Many law schools are advertising a 90% job placement rate within one year of graduating. However, weeks before job placement surveys are conducted, some law schools will hire unemployed graduates to work in their admissions department. They are let go as soon as these surveys are completed, but count as being part of the 90% employed.
'College Conspiracy' also exposes how three years ago when 15 new pharmacist schools were getting ready to open in the U.S., the college cartel created a pharmacist shortage hoax to scam Americans into investing hundreds of thousands of dollars to attend pharmacist school. NIA has uncovered how economists were bribed to produce phony studies that forecast the need for 150,000 new pharmacists in America by 2020. Today, NIA is hearing from many young Americans who were deceived into getting pharmacist degrees and can't find any pharmacist jobs no matter how many they apply for. These Americans are now deeply in debt and admit that they would have been better off getting minimum wage jobs stocking shelves somewhere.
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THE COLLEGE CONSPIRACYby iHelo5819,972 views
live in the uk
dantheman500 1 week ago
ok so i watched the first 5 mins of the video - gotta say though i went to high school, uni and did a fairly decent degree (games tech). since leaving uni the only jobs i've manged to get (applied to over 400 jobs in the last 4 months) are jobs that diddn't require a degree at all.
Every other job i apply for i don't have enough experience =/ . 3 years of my life wasted? i think so
dantheman500 1 week ago
@araszewski1
I gather that much, but could or would it happen to countries with a stable economy other than America? Paying that much for college just doesn't seem worth it at all if you're not going into a high tier degree. I'd rather learn more for free online to be honest
xInsurgency 2 weeks ago
Can you post or cite your sources. I am trying to do a report on this for my college class (ironic). so I really need some sources
araszewski1 2 weeks ago
@xInsurgency this is a video about American college inflation.
araszewski1 2 weeks ago
I study Engineering and it costs me ~$4000 a semester with no interest in Australia? Your system is flawed.
xInsurgency 2 weeks ago
One of the biggest wastes of time I've ever watched. So many obvious flaws and biases .
noahwilson630 2 weeks ago
I also love how at the end of this, the NIA is being pimped. Gold and silver is worth shit when the world oil infrastructure doesn't have any oil to support it.
penguins913q 3 weeks ago
A good documentary, but the promotion of the "free market" and oil production is absolutely disgusting.
penguins913q 3 weeks ago
peter schiff says the national inflation assosiation is a scam!! dont believe it
pragmatismnotidealis 4 weeks ago