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Forum » Mindblow at the student loan scam in America
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Thread: Mindblow at the student loan scam in America

post 1641785303 06-28-2021, 10:05 AM
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#31
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Originally Posted By CityJaeger⏩
I'm not even going to discuss about the ridiculous cost of the tuition fees because that's an whole other subject.

How come so many people get into sometimes hundreds of thousand of dollars of debt for void and useless degress that will only lead them to make french fries in fast food restaurants ?

But "ma degree" "I'm college educated".

I got into 20k € of debt for my business school but I started paying it while I was still studying and ended having 0 debt by the time I graduated : I was only 21 but obviously more mature than most people my age.

I originally studied Litterature and history in highschool and I loved it but even at age 17 I was smart enough to know that this kind of studies would lead nowhere.

I shifted to finance and now make a about 6 figures in Consulting.

Moral of the story : if you're dumb and have poor planning in your teens and early adulthood, chances are that will still be the case till the end of your life.
Poor grammar and spelling. You are dumb af.
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post 1641786383 06-28-2021, 10:25 AM
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#32
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Originally Posted By CityJaeger⏩
I'm not even going to discuss about the ridiculous cost of the tuition fees because that's an whole other subject.

How come so many people get into sometimes hundreds of thousand of dollars of debt for void and useless degress that will only lead them to make french fries in fast food restaurants ?

But "ma degree" "I'm college educated".

I got into 20k € of debt for my business school but I started paying it while I was still studying and ended having 0 debt by the time I graduated : I was only 21 but obviously more mature than most people my age.

I originally studied Litterature and history in highschool and I loved it but even at age 17 I was smart enough to know that this kind of studies would lead nowhere.

I shifted to finance and now make a about 6 figures in Consulting.

Moral of the story : if you're dumb and have poor planning in your teens and early adulthood, chances are that will still be the case till the end of your life.
Colleges in the US are not like your poverty European institutions of higher learning. College is basically a meat market for attractive and reasonably intelligent people to meet like minded members of the opposite sex to bang. Imagine thinking the things you learn in a college classroom will be useful lmfao.
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post 1641787663 06-28-2021, 10:47 AM
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#33
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Originally Posted By Midi77⏩
I have two sons, first one, went to a school he can pay for every semester, works his azz off, no debt. 2nd son got a full ride and money left over in scholarships, invest in your kids and raise them correctly and you won't run into these issues.
zyup, I have based immigrant parents got into a top-25 school that pays full-tuition for anyone who comes from a family that makes under 150K a year. Majored in Computer Science; I have a cozy life.
post 1641788193 06-28-2021, 10:55 AM
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#34
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the academy is dead

it was killed by communism

paying 50K a year so that bullchitviks can brainwash little Johnnie and Sally

fkn lmao
Make Europe Germany Again
post 1641789643 06-28-2021, 11:16 AM
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#35
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A good friend of mine moved in the US and now she's getting scammed by the Wharton School in Pennsylvania for a useless post-graduate degree.
post 1641790883 06-28-2021, 11:31 AM
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#36
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The student loan and university system in the US can be fixed simply in two steps

- Get the goverment out of the business of loaning money
- Remove the guarantee on student loan debt

Universities are creating all of these useless degrees and jacking prices through the roof because the supply of money is endless and there's zero risk
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post 1641791393 06-28-2021, 11:38 AM
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#37
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Originally Posted By arn710⏩
The student loan and university system in the US can be fixed simply in two steps

- Get the goverment out of the business of loaning money
- Remove the guarantee on student loan debt

Universities are creating all of these useless degrees and jacking prices through the roof because the supply of money is endless and there's zero risk
That won't fix anything. That's just gonna kill the university system and plunge us into a dark age.
post 1641791623 06-28-2021, 11:41 AM
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#38
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Originally Posted By wincel⏩
That won't fix anything. That's just gonna kill the university system and plunge us into a dark age.
University system producing SJWs and socialists en masse ? Just lol, it's already dead.
post 1641792873 06-28-2021, 11:55 AM
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#39
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1. Student loans should only be available for STEM degrees. If you want a BS field of study you should have to pay cash.
2. College is FAR too easy. If you can't make 85-90% or higher it should be a fail. I'm sorry but 70% is not good enough.
3. We need to stop encouraging 'everyone' to go to college and just focus on fixing our 1-12th grade education. College should be for the wealthy and the best and brightest.

All in all. We have too many dumb people that can't afford to go, going get a 4 year degree. Devaluing the 4 year degree and creating a massive debt problem.
post 1641792943 06-28-2021, 11:56 AM
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#40
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I went to community college full time and worked 50 hours a week and paid everything right out of pocket. Actually got some pretty significant tax returns from it.

Can’t say I’m in debt because I made a good life decision.

Nothing scam about student loans. It’s the idiots that think it’s free money that scam themselves.
post 1641793133 06-28-2021, 11:58 AM
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#41
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Most people shouldn't go to college anyway. Bachelors degrees are essentially the intro course to the real learning in masters/phD that actually challenge one's intellectual capacity and ability to apply rote learning to produce real world results in the form of peer reviewed studies. Very few people understand this and wonder why they can't find entry level jobs without extra schooling after undergrad
post 1641793453 06-28-2021, 12:02 PM
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#42
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The funnest part is it’s private corps reaping the benefits. You could at least make it a government loan so the interest goes back to the people. Lol, at Americans literally bankrupting their younger generations for portfolios. What a united country.
post 1641793613 06-28-2021, 12:05 PM
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#43
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Originally Posted By guest89⏩
3. We need to stop encouraging 'everyone' to go to college and just focus on fixing our 1-12th grade education. College should be for the wealthy and the best and brightest.
It is a scam. I think the scam comes from foreign influence selling prices and weak families misdirecting children.

They should separate elite and nonelite with almost different degrees. College from Ivy League or similar for geniuses and like vocational training for people who might become techs.

I would support a system looking more like Japan, where people end up segregated at each step into a place more appropriate for them.
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