The College Scam

[CalmYerSwag]

{Serious} I feel so bad for people with high student loan debt. So many of my friends were sold the college dream and have 80-120k in loans....some turned into alcoholics, my one buddy moved out of the country to start over....its slavery....and no they didnt major in women studies either.

See in America, we are indoctrinated at a very young age that its either college or mcdonalds....When our parents graduated, there were jobs all over the place to be had. Return on your investment back then made it a worthwhile endeavor. Now there are more degrees than employment opportunities in every industry. In my honest opinion, and thousands of others, college has become a tool to enslave us.

Government gives loans to anyone with a pulse..kills them with interest rates....Because everyone can go get loans, colleges/universities capitalize on this and increase tuition 6% every year. Tuition costs across the board has risen 1000% percent since 1978. Colleges offer a multitude of majors with virtually no employable opportunities, colleges offer new editions text books every semester just to take more money out of your pocket. Higher education has become the most profitable business model in the country.

This is known that whenever government goes into an industry, its fuked. If government can stop giving out loans like candy, higher education tuition costs will be forced to decrease and become somewhat affordable again. But that will never happen. These loans are exactly like the subprime mortgage crisis. Because this is the way its designed folks, yep no conspiracy here, just facts. The trillion dollar debt is all by design. They have the majority of an entire generation enslaved to their debts, being forced to postpone children, marriage, and home ownership. Its a scam, a racket, a progressive brainwashing system. Tread carefully

[gottalooksharp]

Do well in high school, get a great scholarship at a public college, profit.

[PowerHaus19]

Someone didn't study hard enough in college and is now releasing his mid-age crisis angst

Just kidding

The problem is most kids go to college and screw around. I have a full scholarship and plan to make $$$ after college with my CPA cert.

[LightskinSwag]

Mirin username

[W1LLW]

Will not be raising offspring in the states.

[GarthVader]

This again...

[AngryBaby]

In for miscers that swear theres no other way

[blue4113]

Mad respect to the brahs that quit school to take their shot at making it big in poker.

[ChiBearsfan]

I have no idea whether this is a real problem or just another miscer ******* ass complaint.

Girls are mean to me
Girls are sloots, and I can't get any
College is worthless and the debt is soul crushing


everyone I know who went to college is thriving (not all are rich but all are comfortable), except the people I knew wouldn't

my sister studied fukin art history and has a manager job in HR

even some of the people I didn't think would ever make it are making six figures



either things are really different these days, or op is a *******

[curiospanda]

can confirm, graduated 2010

just finished paying off the $30k debt second half of last year

big waste of money and time

if i could go back in time, would have skipped altogether and traveled for a bit or done something else

the college thing is all hype, i know all kinds of 2012-2014 grads who came out to nothing but $10/hr jobs, "good" degrees too such as engineer and law

if you're a young dude reading this, your parents dont always "know best" and their advice is usually very out-dated

[CalmYerSwag]

I have no idea whether this is a real problem or just another miscer ******* ass complaint.

Because you're 41. You have no idea how difficult it is to come up in this day and age.

[cds2011]

I finished the first half of my degree at a community college and got a scholarship to pay for all of it. I have zero debt and I'm going to a public university next semester. I'll graduate with minimal debt.

[ChiBearsfan]

can confirm, graduated 2010

just finished paying off the $30k debt second half of last year

big waste of money and time

if i could go back in time, would have skipped altogether and traveled for a bit or done something else

the college thing is all hype, i know all kinds of 2012-2014 grads who came out to nothing but $10/hr jobs, "good" degrees too such as engineer and law

if you're a young dude reading this, your parents dont always "know best" and their advice is usually very out-dated

name of college please, field of study

[CalmYerSwag]

I finished the first half of my degree at a community college and got a scholarship to pay for all of it. I have zero debt and I'm going to a public university next semester. I'll graduate with minimal debt.

This the best way to go about it, good job. In my state, our public university is 25k a year.

[ChiBearsfan]

Because you're 41. You have no idea how difficult it is to come up in this day and age.

do colleges publish employment statistics, and average salaries post graduation?

srs

I graduated grad school in 2008, and remember knowing my expected post grad salary and employment prospects before I decided to go


Honestly don't know /can't remember if colleges publish these metrics - it was a no-brainer "back in the day"

[shortys408]

Someone didn't study hard enough in college and is now releasing his mid-age crisis angst

Just kidding

The problem is most kids go to college and screw around. I have a full scholarship and plan to make $$$ after college with my CPA cert.

CPA is the way to go

[CalmYerSwag]

do colleges publish employment statistics, and average salaries post graduation?

srs

I graduated grad school in 2008, and remember knowing my expected post grad salary and employment prospects before I decided to go


Honestly don't know /can't remember if colleges publish these metrics - it was a no-brainer "back in the day"

Yes they do and they are 100% bull**** statistics made up to close students. Its a selling tactic, nothing more

[CalmYerSwag]

CPA is the way to go

I would agree, cpa pretty much guarantees a middle class life, for now

[CCAurora]

do colleges publish employment statistics, and average salaries post graduation?

srs

I graduated grad school in 2008, and remember knowing my expected post grad salary and employment prospects before I decided to go


Honestly don't know /can't remember if colleges publish these metrics - it was a no-brainer "back in the day"

Which is great, but it is unreasonable to expect that the average 16-17 year old will do the same, especially when they're lied to by bankers classifying student loans as "good debt" when there is literally no worse debt on the planet.

I am a business teacher and stress to my students all the time to not go to college simply to "find themselves." I try to teach them about loans and interest, but they're still falling victim to a system that even has their parents brainwashed into pushing their kids towards lifelong debt.

[jacobcmurphy]

Just go to a CC first, it costs like 5k in tuition to get an associates. Most teachers don't even make you buy books.

Then transfer and it's like 35k in tuition to complete your bachelors, add in books, etc.

I dunno how people are like "I went to school for two years and have 100k in debt"

[jonmcd46]

lol yeah right, dad was in the military so I got about 40k in tuition assistance, in college I made my best friends, had experiences I'd never get anywhere else, and learned how to manage my time effectively, plus a legit gym and I have a place to go for reunions. more to life than just money

[m1n2v5]

I guess it's also a scam that multiple studies clearly show that on average, people with a degree earn a chit ton more throughout their lives than people without a degree. Stay mad.

[BK909]

College=Tax on the stupid

[Dragonslayer5]

ITT: OP discovers that any industry a government gets involved in to "help" ends up fuking everything up, in this case by artificially increasing quantitative demand with free money, causes the price of tuition to rise infinitely. Other miscers come in arguing against economic laws with no knowledge on the subject.

[LibLifter]

Will be paying 40 bucks a month to pay off my student loans. Don't understand how that's going to control my life considering it will be less than my cellphone bill.

[DrinkingBull]

I have no idea whether this is a real problem or just another miscer ******* ass complaint.

Girls are mean to me
Girls are sloots, and I can't get any
College is worthless and the debt is soul crushing


everyone I know who went to college is thriving (not all are rich but all are comfortable), except the people I knew wouldn't

my sister studied fukin art history and has a manager job in HR

even some of the people I didn't think would ever make it are making six figures



either things are really different these days, or op is a *******

I don't think it's a huge problem. The avg student debt is around 30k. People aren't going into that kind of debt for a degree, their going into it to go to tailgates, frat parties, spring break in cabo, etc etc. It's about having an experience not an education. Repayment plans are sensible. A person can avoid large debt by knocking their pre-recs out at community college, and maximize their returns by picking a solid major like STEM or Business.

[ryantatarniuk]

90k a year no college crew

[1010101]

{Serious} I feel so bad for people with high student loan debt. So many of my friends were sold the college dream and have 80-120k in loans....some turned into alcoholics, my one buddy moved out of the country to start over....its slavery....and no they didnt major in women studies either.

See in America, we are indoctrinated at a very young age that its either college or mcdonalds....When our parents graduated, there were jobs all over the place to be had. Return on your investment back then made it a worthwhile endeavor. Now there are more degrees than employment opportunities in every industry. In my honest opinion, and thousands of others, college has become a tool to enslave us.

Government gives loans to anyone with a pulse..kills them with interest rates....Because everyone can go get loans, colleges/universities capitalize on this and increase tuition 6% every year. Tuition costs across the board has risen 1000% percent since 1978. Colleges offer a multitude of majors with virtually no employable opportunities, colleges offer new editions text books every semester just to take more money out of your pocket. Higher education has become the most profitable business model in the country.

This is known that whenever government goes into an industry, its fuked. If government can stop giving out loans like candy, higher education tuition costs will be forced to decrease and become somewhat affordable again. But that will never happen. These loans are exactly like the subprime mortgage crisis. Because this is the way its designed folks, yep no conspiracy here, just facts. The trillion dollar debt is all by design. They have the majority of an entire generation enslaved to their debts, being forced to postpone children, marriage, and home ownership. Its a scam, a racket, a progressive brainwashing system. Tread carefully

Graduated with my BSEE (Electrical Engineering Master Race). 37k in student loans when I graduated, 74k starting job. Paid my loans off in 1 year. How its suppose to be done you millennial retarded dumb hippie losers.


STEM degree or GTFO

[ChiBearsfan]

Which is great, but it is unreasonable to expect that the average 16-17 year old will do the same, especially when they're lied to by bankers classifying student loans as "good debt" when there is literally no worse debt on the planet.

I am a business teacher and stress to my students all the time to not go to college simply to "find themselves." I try to teach them about loans and interest, but they're still falling victim to a system that even has their parents brainwashed into pushing their kids towards lifelong debt.

Cool Story Bro

[shortys408]

I would agree, cpa pretty much guarantees a middle class life, for now

what is considered middle class?