Why US colleges are a money-making scam

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ASMtimacade
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Why US colleges are a money-making scam

Post by ASMtimacade »

College education in the United States has become a cruel joke. We endlessly push our high school kids to invest tens of thousands of dollars and at least four years of their lives to get a college education because they won’t have any sort of a “future” without it. So they sign up for decades of debt slavery and spend years listening to pompous windbags fill their heads with utter nonsense. The sad truth is that most college courses are a total joke and they do very little to actually prepare those students for the real world. I know – I attended public universities in the United States for eight years. Most college courses are so easy that the family dog could pass them. When they finally graduate, our young people discover that they were lied to all along. The promised “good jobs” are not there for most of them, but the huge debts that they committed themselves to will follow them around permanently. When you are just starting out and you are not making a lot of money, having to make payments on tens of thousands of dollars of student loan debt can be absolutely crippling. This is why I say that college education in America is a giant money making scam. Our young people are seduced by the idea of college being a five year party that will provide an automatic ticket into the middle class, but the reality is that the only guarantee is that it is a ticket to serfdom unless you have wealthy parents that are willing to foot the bill for you. And bankruptcy laws have been changed to make it incredibly difficult to get rid of student loan debt, so once you have signed up for student loan debt slavery you are basically faced with two choices: either you are going to pay it or you are going to die with it.
Yes, college graduates do make more money and they do have a lower unemployment rate. But most of them are also burdened by absolutely suffocating levels of student loan debt that will haunt them for decades.
-In the United States today, approximately 365,000 cashiers have college degrees.
-In the United States today, 317,000 waiters and waitresses have college degrees.
-In the United States today, there are more than 100,000 janitors that have college degrees.
#22 The federal government has begun docking the Social Security payments of elderly Americans that are behind on their student loan payments…
Read more at 29 Shocking Facts That Prove That College Education In America Is A Giant Money Making Scam | InvestmentWatch

http://investmentwatchblog.com/29-shock ... ocA1s6I.99
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Re: Why US colleges are a money-making scam

Post by misterioso »

Modern era slavery.
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Lillaahiya
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Re: Why US colleges are a money-making scam

Post by Lillaahiya »

ASMtimacade wrote:
Most college courses are so easy that the family dog could pass them
:lol:
-In the United States today, approximately 365,000 cashiers have college degrees.
-In the United States today, 317,000 waiters and waitresses have college degrees.
-In the United States today, there are more than 100,000 janitors that have college degrees.
I wonder how many of them are P.O.Cs
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eliteSomali
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Re: Why US colleges are a money-making scam

Post by eliteSomali »

I think it has more to do with the fact that people choose to major in some ridiculous fields. I have friends who are majoring in media management or something like that and I ask them how the future market is for those types of degrees and most don't even know. :mindblown:
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Re: Why US colleges are a money-making scam

Post by SultanOrder »

anyone can get a bs in political science, sociology, general studies etc. But how many can or do get one in engineering, computer science, medicine, pharmacy?
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Re: Why US colleges are a money-making scam

Post by Titanium »

The situation is actually scary. I know someone who graduated from Engineering last year who is working minimum wage.

Seems like the only guaranteed employment (university education) is in medicine.
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Re: Why US colleges are a money-making scam

Post by eliteSomali »

Titanium wrote:The situation is actually scary. I know someone who graduated from Engineering last year who is working minimum wage.

Seems like the only guaranteed employment (university education) is in medicine.
Hard to believe. What branch was it do you happen to know whether he's had an intern before graduation? That makes a big difference.
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Re: Why US colleges are a money-making scam

Post by Titanium »

eliteSomali wrote:
Titanium wrote:The situation is actually scary. I know someone who graduated from Engineering last year who is working minimum wage.

Seems like the only guaranteed employment (university education) is in medicine.
Hard to believe. What branch was it do you happen to know whether he's had an intern before graduation? That makes a big difference.
Environmental Engineering.

Nah, no internship. I always suspected it was because of his accent but he speaks fluent English and he's a really intelligent guy.
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Re: Why US colleges are a money-making scam

Post by misterioso »

Perfect_Order wrote:anyone can get a bs in political science, sociology, general studies etc.
Didn't fah1223 major in political science?
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Re: Why US colleges are a money-making scam

Post by eliteSomali »

Titanium wrote:
eliteSomali wrote:
Titanium wrote:The situation is actually scary. I know someone who graduated from Engineering last year who is working minimum wage.

Seems like the only guaranteed employment (university education) is in medicine.
Hard to believe. What branch was it do you happen to know whether he's had an intern before graduation? That makes a big difference.
Environmental Engineering.

Nah, no internship. I always suspected it was because of his accent but he speaks fluent English and he's a really intelligent guy.
It has very little to do with accent. Besides, most engineers I've encountered were indians, and most students I've also encountered in that field happened to be indians also. It might have something to do with the intern. I wonder what he's gpa was and I also wonder if he'd actually received a degree and not a certificate. big difference.
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Re: Why US colleges are a money-making scam

Post by Titanium »

:lol: You are doubting the Somali brother. It was an actual 4-year bachelor's degree from an actual N.A respectable (standard) university.

It could be the internship issue but still. 1 year out of work from your field is a problem even without initially doing an internship.

Or it could just be that we are living in an unfair world and bad things happen to good people.
Last edited by Titanium on Mon May 20, 2013 8:49 pm, edited 1 time in total.
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Re: Why US colleges are a money-making scam

Post by eliteSomali »

Titanium wrote::lol: You are doubting the Somali brother. It was an actual 4-year bachelor's degree from an actual N.A respectable university.

It could be the internship issue but still. 1 year out of work from your field is a problem even without initially doing an internship.

Or it could just be that we are living in an unfair world and bad things happen to good people.
sorry man :lol:. Yes one year is way too long, even without an intern. I just looked at BIS, and it says Environmental engineers have a job outlook which is growing 22% faster than the average. :shock:


Where does this guy live?
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Re: Why US colleges are a money-making scam

Post by Twist »

So those days where you could drop out not only college but high school & become successful are gone eh? :meles:


http://au.pfinance.yahoo.com/photos/pho ... /17262924/

http://en.wikipedia.org/wiki/List_of_co ... llionaires
Last edited by Twist on Mon May 20, 2013 8:50 pm, edited 1 time in total.
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Re: Why US colleges are a money-making scam

Post by Titanium »

Alberta, Canada.

That's the strangest and most ironic part.
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Re: Why US colleges are a money-making scam

Post by eliteSomali »

I am not familiar with Alberta and it's job market but for this guy to be out there a year after his grad is odd. Maybe he should move to another place.
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