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re: Some colleges will charge up to $95,000 this year...

Posted on 4/3/24 at 3:12 pm to
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24796 posts
Posted on 4/3/24 at 3:12 pm to
But it's not a scam!



The 80s-90s were designed to indoctrinate us into thinking we can not succeed in life without college, plus they pushed "the college experience" onto us. Shift to the 00s to now as we see the Triumvirate continue to amass wealth.

Universities continue to increase tuition to levels beyond anything that is affordable

Banks profit off of the massive debts accrued by students as they accept the loans to pay for unaffordable tuitions

Govt officials see fat pocketbooks in the form of campaign donations from university faculty/administration and bank execs as a thank you, and Govt profits from the interest generated by these loans.

Rinse, repeat, rinse, repeat. The three all feed off each other while students get slammed with debts that are unpayable by most graduates.



There's a reason why highschool students never get educated on the profit/debt ratio of student loans; if they understood this then many would not ever go to University. I stress to my kids to know what their chosen career will pay and make sure any debts they accrue are properly ratiod to that income. A teacher should NEVER take on a $50K debt when their salary is $50K. Unfortunately we are at the point now where that is unavoidable.

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