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.

[QUOTE=backinthegymbro post_id=1641773333][img]https://i.imgur.com/56aPRMQ.gif[/QUOTE]You make some strong arguments

Every high schooler is told to follow their dreams while also never having to face any consequences to their actions so they pursue their passion of underwater basket-weaving and lesbian history studies at a private school for 60k a year, take out extra loans for new shoes, iphones, and starbucks everyday, then realize they have zero job prospects and join the democrat party. The end.

Boomers looove making fun of this.

The game is in relation to other people.

There is no reason tuition should cost more than 10k/yr anywhere, more like 3-5k most places.

They literally raise prices like they're trading stocks against the hedge of the maximum people will pay for.

What do they call this, fundamental attribution error? Where people react to superficial symptoms instead of realizing the causes?

Should encourage them to join a trade union. They will make bank since there is going to be or already is a shortage of skilled tradesmen, and can get on the job training instead of paying for a useless degree...

Ever looked at the actual statistics for degrees or do you just make **** up?

No idea. Never went for a Bachelors and make 6 figs. Zero debt.

There's truth on both sides. Tuition at Universities is generally pretty damn ridiculous, and imo is something that should be addressed.

There are also a lot of kids who are idiots who do nothing to mitigate the amount of debt they go into, and many of which also choose very useless majors...however there are also plenty who don't fall into that category.

there really isn't a useless degree (except from unaccredited schools) it comes down to what you want to do with that degree. Most non-specialized office jobs don't care what your degree is in. The problem is the kids that get random degrees then expect to find good paying jobs "in [their] field"

My guess is that a lot get trapped in the loans right out of high school, and a few years later they realize what they wanted at 18, is different from what they want at 23. But miss me with student loans, College aint for fcuking everybody.Trades don't get the recognition they deserve in the states, idk about other countries. Especially depending on what trade you get in, you can essentially have your own business based off that trade

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.

about 6 figures


LMAOOOOOOOOOOOOOOOOO

Aren't you a Plumber and your wife is a loser Academic in Ballarat?

That 100k in New York will be 200-250k in Sydney.

another aspect of the scam: companies get you to take the loan and get educated and trained to work for them at your and the tax payers' expense

they spend basically nothing

I've actually experienced this as well. Used to work a clerical position in an office and hit the ceiling quick because I didn't check that degree box. Saw people move up to management positions that had literally anything. Is it right? probably not, but it is what it is. Just one way for them to get through resumes quicker

Tuition should be commensurate with average expected salary for field weighted by employment prospects. A fking physics degree shouldn't be as expensive as an engineering degree when physics has the highest unemployment rate and the pay isn't great if u do get a job.

My dad paid for my Bachelors. Otherwise I would have never gone to college. I certainly wouldn’t have take loans out for something I didn’t even really want to do

But tuition is the key problem. The loans are actually a good deal - a good portion of your loans can be subsidized so that you don't accrue any interest until after you graduate.

I'm 34 years old now, when I went to Uni 2005-2008 I paid £3000 total for my degree. To do the same degree today it would be £27,000, it's insane.

The 7 great scams of America:

1) student loans - companies make taxpayers train their wageslaves, can also get cucked into useless degree

2) mortgage loans/renting - banks have cucked people into believing moving out is a rite of passage that must be done even incurring a 30 year debt to do so (or pay rent to someone else cucked by the bank)

3) healthcare - pay inflated exorbitant amounts for healthcare because muh free market with regulatory capture and not so free because a small number of firms dominate and use IP to gouge

4 ) weddings - pay insane prices for useless diamonds because it's a meme dumb sloots fall for, and spend insane amounts on a single party because "tradition"

5) funerals - cuck grieving families out of tons of money and make a big show out of someone's death

6) meritocracy - promise wealth and success for hard work and talent when wealth is pareto distributed and talent is normally distributed

7) defense - "serve" your country by making money for defense contractors and murdering people overseas in illegal wars of aggression when you aren't even "defending" anything at all...you're attacking, supporting an imperialist global hegemon

This whole country has been a scam by the elite to exploit the masses since its inception. We have always had elites cucking people going all the way back to the signing of the declaration of independence.

On the plus side, we do have a pretty good economy and it is nice to have shinies.

nothing is stopping you from trannymaxxing and getting on OF

i went 84-88 and claimed Benefits during the holidays and paid £0 for my degree, however i have paid taxes for 33 years!

Its almost like Pell Grants and other forms of ultra-low interest financing (with zero credit history) for university education has caused institutions to raise prices as much as possible.

Andrew Yang (the presidential candidate and UBI-shilling *******) is an idiot but he was right when he was on Joe Rogan and said the only way to fix the student loan debt problem is to tell universities that they have to brutally slash 90%+ of their administrative budget and most of their other costs within one year.

Yang said they would all initially cry bloody murder and say its impossible, but added that if the government said "OK, then your university get perma-banned from all government subsidies and all government-backed loans and grants can't be used by your students" that they would be stuck between a rock and a hard place, and end up firing nearly all of their non-teaching staff to prevent bankruptcy and foreclosure.

Have degree. Can confirm college is pretty worthless and mostly a money making scam

you tell em wincey

Lmaooooooooo

250k in Sydney will get you a slightly fancier cardboard box in the inner west

This is the weirdest race bait thread I've ever read