bobbo, student of the haiku says:

Ha, Ha. Thats not exactly what I was told about College. In my day, it was how to stay out of Vietnam. And it did work that way for me–kinda/mostly. No real complaints.

I pity the kiddies today. I worked thru college and graduated without any debt and did find jobs I enjoyed doing. I don’t think that happens today as often as it did in my day.

All my friends who have college kiddies report they can’t get jobs–other than as language instructors over seas. Ok for a first job but not the applied advance degrees they worked for and their parents paid for.

Tough market out there. Not everybody can start their own business or get hired at a company that is laying people off. I wonder if the stats are kept accurately enough to show the gap between college and high school degree life time wages/net worth over time? Even in my day the rumor was that if you got a good (Union) blue collar job out of high school you could near break even with going to college. Today with neithere group getting hired, I wonder how that pans out. Who’s ahead if both are unemployed but one has no debt?

Ha, ha. Yes==the number of jobs available is social engineering. From the left: government jobs. From the right: in prison. As usual, the rights solution cost more.

Poor kiddies.

dittmv says:

Interesting find, but…

Wow, this video reminds me of a discussion John and Adam had regarding Alex Jones. It is almost like this was made as a prop to support their point.

Spoiler alert!

This is an interesting documentary with some points, but no actual depth. It seems as though the whole thing is designed to put you into a mindset that the world will end rather than examine the reality that there is a significant scam aspect to college education. The topic of college education being a scam seemed more of a pretext to produce an alarmist documentary that ultimately is a marketing piece to scam Americans into hoarding metals at inflated and unsustainable prices.

Near the end, when the silver push goes from being a nascent sell to an outright sell it superficially promotes the idea that online education would be a suitable alternative. That is an interesting point, but again lacking in depth and it completely ignores the points that the documentary made less than ten minutes earlier that 75% of the US economy is service employment. Teaching at colleges can more or less be considered service employment like the bankers or the lawyers that the film was criticizing. Congress is not going to intervene against one particular group scamming the public, congress will instead codify that scam. In other words, the problem will fester because congress will intervene (as it did this spring against private corporate colleges) to prevent one group of service employees (Democratic college employees/donors) from loosing jobs to a competitive upstart.

calvin says:

Sounds like a infomercial for gold and silver. Did Adam have anything to do with this? The college information losses its meaning when they push gold and silver. Online tuition is about the same as going to a B&M.

Lou Minatti says:

College isn’t a rip-off. College tuition, however, is. No question.

mbloomburger says:

Best solution for HS grads – do all your prerequisites at your local JC over two years, get As in Bs in cake-walk classes, then transfer into schools like NYU and UCLA that have policy to prioritize JC transfers. Viola, you just saved at least $25,000. Also, if you have the grade in HS, you can get a crummy private school to give you a free ride. DENNIS RODMAN got a free ride to a JC, seriously …. how hard could it be?

On the other hand, it’s probably a good idea to panic! College is a scam! Don’t go!

deowll says:

If you are a highly skilled worker you can make as much as a college grad or more in many cases. That often means a year or two of tech training but you avoid those nasty student loans.

There are also jobs that pay well with only a high school degree like hauling hazardous waste or even in highway construction but there may be serious downsides to each of them. Some are bleeping dangerous. Some are seasonal, etc.

The people at the gravel pit I talked to got paid well but they also got fired the first time they broke a safety rule assuming they were still alive that is. You don’t make many mistakes around the kind of machinery these people were using and the work was seasonal. Of course that meant you got a month or so off.

msbpodcast says:

My wife has just graduated cum laude from college and owes $0.00 for her bachelor’s degree in education an art history.

Okay, I’m now just about broke, (seeing the end of the cash and asset pile,) but we owe nothing so when she starts student-teaching in September she can focus on the kids* and her future career and not have the weight of the loans dragging her down.

Right now, the student loan racket in the ‘States is exactly that, a racket.

The sole, only and unique justification for the whole sordid business is that we have much better educated waiters, waitresses and retail sales clerks, while being uneducated is synonymous with being unemployed.

I will be donating to No Agenda again before September and calling for karma, because you don’t neglect any possible avenue for assistance, regardless of how silly it sounds.

Lisa Simpson says:

You don’t actually expect us to swallow this tripe?

bobbo, the pragmatic Libertarian says:

#14–Hey Peapod==last week you bragged you were moderately wealthy–today you are broke? Most people don’t define/experience moderate wealth as having $17.64 in the bank. What happened? Trust fund finally run out?

Art History huh? Sounds like a double fail but atleast she can explain to you what the doves/dogs/calla lilies mean in every tapestry you come across.

We can’t all be stock brokers.

Seph says:

Where is the BS meter? Peter Schiff has already debunked the NIA.

National Inflation Association co-founder admits NIA is a FRAUD!
http://youtube.com/watch?v=XYOclEsKHtc