Forum Post: The American University scam
Posted 13 years ago on Oct. 18, 2011, 2:26 p.m. EST by WalkersEverywhere
(16)
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Why aren't we occupying the over-priced, price-gouging, useless American universities?
Harvard has a fund of $25 billion! Billion, with a 'b'!, and they're charging at least $50k/semester!
Yale, Occidental, Columbia, they are robbing us students blind!
Occupy U!
There are dozens of videos out on the Internet which predicted that the college degree would not only become worthless... it would be identified as a "scam". I earned my 4-year degree in 1984 and I was sucked up immediately into the Workforce. Nowadays, however, a college degree is almost balked at-- especially if the college graduate racked up an exorbitant amount of DEBT in the process. The major Universities are saturated with liquid assets and cash, but do you think that they would extend this wealth to its own students? Of course, not. In fact, the major Universities are more interested in spreading their wealth among their board of directors, their benefactors, their tenured staff, and their pet projects (concert halls, football stadiums, alumni meeting centers, and school museums). What does that sound like? Business, you say? That's right. Universities are nothing more than big Business.
Absolutely! All College and Universities care about at the end of the day is raking in the big bucks while their students end up in the poor house after they graduate (with worthless degrees in this economy).
Times are a changing, and people need to wake up to the fact that college is not the investment it use to be. It has become more or less a ripoff to many. People need to hear the truth to what goes on. Thank you for your post--it needs to be heard.
Your welcome, windsofchange. However, my views are only on the outside looking in. If I was a college-age person today, I'd be out protesting in the streets. Which is exactly what they are doing!
What can they do? College has become so prohibitively expensive and they can't get manufacturing jobs any more, all they can do is sit around in a park being vulnerable.
We all know what the cure is for this - WAR (shoehorning more people into the military) and PRISON (slave labor for infrastructure, agriculture, etc).
There are too many kids who they don't have jobs for. Trust me... they will make "jobs" for you all.
precedence might say you are right...
And let's not forget, coming out of one of these university scams means 2 things: 1) You're $100k or more in debt 2) Your degree won't get you a job in 99% of the cases WTF?
We might have seen these protests sooner if America's young people weren't deferred into 4-8+ years of uselessly sitting in colleges chasing economically worthless degrees. The way it is now, it is the ONLY path (or so they are told/threatened) to prosperity. Supposedly.
But higher education has become nothing more than a racket. It's basically a giant student loan harvesting operation, and college administrators are feeding off this system like fat cats. Increasingly, more and more people who work for colleges are newly created administrative positions who don't teach... don't type... and don't clean the toilets. This is who you're throwing your money at.
"Education is everything," goes the cry. So America's young people have been brainwashed and fed into this debt hopper like so many cattle going off to slaughter. It's not like you actually learn anything at college that you can't learn by reading books or being intellectually inquisitive. (In fact, studies have shown that American students aren't learning much of anything at all at college.)
The higher ed administrators are desperate to keep up this gravy train and who benefits? The banks (and the higher ed administrators, of course). Who pays? The students. Forever (with non dischargeable loans).
Occupy it!
Hells yeah!
Forgot a couple of things. All that money students pay to go to college guarantees them that they will be taught subjects by some grad student because the professor is too busy doing research or some other "work".
And let's not forget about the sports. In some schools coaches make more money than any of the professors or even the president of the college.
teachers need to teach, researchers need to research.
Yes, let's take money away from the higher educational universities and generalize them all into Highlands and Floyds, where education is second rate and all of the money simply goes to keeping the courses afloat!
Can you not grasp the simplest repercussions of such bold and dark words as the rebuking of education?
Excellent question!
The colleges are drowning in money from student loans, now organized and owned by the Federal government! WTF?
All it takes for inequality to prevail is for good men and women to do nothing
Who asked you to get into debt to go to college to spend four years of drinking and obtain no marketable skills?
Who asked me? The college admissions office!
No societal pressure. Nobody forced you to go to a school that you could not afford. I am sure there were a lot of cheaper alternatives and in retrospect those cheaper alternatives could not have done a worse job in finding you employment than your college which put you in debt
Here is the best video I found online about the subject. http://inflation.us/videos.html A college education is not what it is use to be and in today's world we are having quite a number of College Grads who can't find work in the field they trained for. Sadly, while being any where from $10,000-100,000+ in debt. I especially feel bad for those who went to Grad school and are not being hired because of their degree.
Things need to change and people need to wise up to the fact that it is all a scam. I am not anti-education,but I am against what I see going on out there today. People should not be graduating from college and find out that their degrees are not worth the paper they are printed on. Colleges and Universities end up the winners while their students end up the losers.. Anyway, check out the documentary. It is a real eye opener.
Unless you are offered employment in the field your degree was granted, you should not have to pay for that degree.
Fair?
Fair? Not to the person fronting you the money.
How is it fair not to pay for services provided to you?
Medicare and Medicade customers don't pay for their services. Why should education be any less important than healthcare?
Not fair. Are you going to let a thousand kids get a free philosophy degree?
If philosophy degrees don't have an implied income attached to them, they should not be eligible for student loans that require an income, now should they?
The universities are robbing us blind for teaching bullshit and giving out degrees in pretending! Women's Studies? Fuck me! Come on!
Don't blame the universities, blame the students that take the loans and the institutions that give them.
Yeah those of private institutions. While many private colleges still receive some public funding it is hardly as egregious as public colleges that still manage to charge 15-25k a year. If you want to protests something protest that!
https://www.facebook.com/pages/Saturday-Night-Politics/194650163906116
AmEn AmEn AmEn....Cheers !!......Selling degrees for six figures that are absolutely useless is a crime !!
Here's an idea. DON'T GO THERE. problem solved.
You wouldn't make it in anyways. You aren't smrt.
Well isn't that like saying "If you think the bank charges too much, go to a different bank"? That's not the point of Occupy, the point is to drive down the cost of things, right?
And at least I'm smart enough to put an 'a' in smart, you 'tard.
IState college does the same job at 10k a year just as well let Harvard charges I wont go there most of flyover country wont go there.
Right on. I just would like to see the numbers, the student debt vs. the university income. That's where all that student loan debt is going, right into the universities' pockets!
I agree. Most are worthless money mills anymore. The wealthy kids that go have their Daddy's and Mommies already to give them a leg up into Corp. paradise or High Gov't service when they get out. Everyone else is just filler so they have pets at school.
What?! These are private institutions.
if you don't want to pay their exorbitant rates -- don't go to school there.
At the end of the day - there is little difference between a Harvard education and that of Boston University.
Well Wall Street is all private institutions as well, and there aren't even any hedge funds worth $25 billion!
Occupy U!
And?
Earning money is not a problem. You have a choice to go to Harvard or not. Don't go. They'll lower their price, I assure you.