Posted on 05/07/2011 5:50:44 PM PDT by 2ndDivisionVet
The National Inflation Association (NIA) - http://inflation.us - is pleased to officially announce that it will soon be releasing its hour long documentary 'College Conspiracy', which will expose the U.S. college education system as the largest scam in U.S. history. NIA has been producing 'College Conspiracy' for the past six months and plans to release the movie on May 15th. NIA members will be given the first opportunity to watch this must see documentary, which we hope will change the college education industry for the better.
NIA expects 'College Conspiracy' to take college education by storm and expose the facts and truth about tuition inflation to prospective college students. Almost everybody applying to college has heard the oft-repeated statistic that Americans with college degrees earn $1 million more in lifetime income than high school graduates without a degree. This is one of those statistics that gets repeated so many times that just about everybody accepts it as fact, but nobody actually does the research to confirm whether or not it is true. 'College Conspiracy' will prove once and for all if indeed this so-called statistic is true or just a myth.
If 70.1% of high school graduates enroll in a college or university, how does a college degree give you an advantage over the rest of the population? Back in the early 1960s, Americans didn't need to go to college. We were a creditor nation with a strong manufacturing base. With an unemployment rate of only 5%, jobs were available to almost everybody. Less than 50% of American high school graduates enrolled into college. For those who did attend college and graduate with a degree, it was actually something special that made you stand out from the rest of the field, because not everybody had one.
American college tuition inflation has been out of control for the past decade. During the financial crisis of late-2008/early-2009, almost all goods and services in America at least temporarily declined in price. The only service in America that continued to rise in price throughout the financial crisis, besides health care, was college education. Despite real unemployment in America reaching 22%, students were brainwashed into believing that if they were lucky enough to be blessed with the privilege to get half a million dollars into debt to obtain a college degree, they will be on a path to riches and have a guaranteed successful career; whereas those who don't attend college are destined to be failures in life.
The current college education bubble is one of the largest bubbles in U.S. history. The college bubble has been fueled by the U.S. government's willingness to give out cheap and easy student loans to anybody who applied for them, regardless of if they will ever have the ability to pay the loans back. Student loan debt in America is now larger than credit card debt, but unlike credit card debt, student loan debt can't be discharged in bankruptcy.
During the 1970s, college students were able to afford their own college tuition without getting into any debt, simply by working a part-time job year round or by working a full-time job during the summer. Not only that, but most college students were also able to afford their own car and a small apartment. However, since 1970, Americans have experienced a 50% decline in their standard of living due to the Federal Reserve's dangerous and destructive monetary policies. You never heard of parents setting up college savings accounts for their children 40 years ago, but thanks to the Federal Reserve, this has become the norm.
The biggest competitive threat to Wal-Mart today in terms of market cap ($192 billion) is not Target ($35 billion) like you might think, but is actually Amazon.com ($89 billion). Wal-Mart is able to offer the lowest prices out of all brick and mortar retailers, because of the size and scope of the company, which allows them to be profitable even at extremely low gross margins. However, while Wal-Mart's stock price is only up 16% from where it was exactly 5 years ago, Amazon.com's stock price is up 470% during this same time period.
Amazon.com's stock price has risen by a 29 times higher percentage than Wal-Mart due to the fact that they sell their products over the Internet with substantially less overhead costs. NIA believes that the future of college education is over the Internet and that Americans in the future will be able to receive a better quality education from the best professors from all around the world at only a fraction of the cost of a traditional brick and mortar college education.
For the vast majority of college courses, there is absolutely nothing that students can learn in a huge multi-million dollar lecture hall with hundreds of other students that they can't learn at home listening to that same professor on a computer. The only reason online colleges haven't taken off yet in America and still have less than a 1% market share of U.S. higher education is because America has a college-industrial complex that cares only about profits and not educating students. The people who control the system simply don't want the system to change, because they are making way too much money by turning American students into indentured servants.
Back in the 1980s when Americans graduated high school, they would get hundreds of thousands of dollars into debt to buy a house. Today, millions of Americans have mortgage-sized debts, but still live with their parents. All they have is a piece of paper called a college degree, that is rapidly declining in value even faster than tuitions are skyrocketing in price.
'College Conspiracy' was made possible by the personal stories that were submitted to us by thousands of NIA members. NIA's staff spent the past six months traveling across the country, interviewing our country's top expert guests in nine different states. Please tell all of your family members and friends to become members of NIA for free immediately at http://inflation.us so that they along with you can be among the first to see 'College Conspiracy'.
About us:
The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation. NIA offers free membership at http://www.inflation.us and provides its members with articles about the U.S. economy and inflation, daily news stories and blog updates, and important charts not shown by the mainstream media. NIA is the producer of economic documentaries that have received a combined 10 million views including the critically acclaimed 'Meltup', 'The Dollar Bubble', 'End of Liberty', and 'Hyperinflation Nation'. NIA provides unbiased reviews of the major online sellers of gold and silver bullion and also offers profiles of gold, silver, agriculture, oil, and alternative energy companies that could prosper in an inflationary environment. NIA is the creator of 'NIAnswers', the world's most comprehensive database of questions and answers about inflation, currencies, debt, and precious metals.
College of the Ozarks, Hard Work University
http://www.cofo.edu/future.asp
I also teacher computers. A moron could teach what I teach in the computer lab.
So there are classes that must be taught at school and there are classes that do not need to be taught at school.
All I could think of was the wasted time and money spent getting the useless degrees, and how glad I was to seek alternative employment instead of racking up additional credentials because the bosses said "we'd consider you for a promotion if you got an MBA, Master's, etc.".
I have heard this from the Starbuck's barristas while I'm preparing a lecture that pays me 50 - 100 dollars per hour.
Time is money... ignorance is eternal... ugliness is to the bone.
Private 4-year College Average $ 39,028 $ 19,514 $ 1,174
College of St. Thomas More Online $ 7,099 $ 3,550 $ 214
next time u see a reasonably bright kid with iron attached to their nose...face .. ears or ass...or God knows wherever
ask How much education they have...It will amaze ya!
Having said that..Most are all unemployed or working at temporary jobs...Happy as hell living with Mom or Dad..
(P.S... I like to engage them at McDonalds...They cant work there becauce they wont give up their “identity”...I like to have that conversation in front a somewhat new friend that works for Micky D's...She had to move to get the raise to 45K, and she doesn't have a HS diploma
Ping!
My sister went to Harvard.....
She voted for Little Stevie Dunham....
(”Ivy League Idiocy”)
Exactly! bttt
bump for later to see if I benefited from said college bubble.
bump for later
Yes, the college bubble will burst. If not sooner, then it will after the bond collapse and interest rate hikes. Academics had best hope that their Uncle Ben makes that ride to the bottom as gradual and smooth as possible. Otherwise, their free traitor relatives will dump employees in efforts to drop oil prices and seize the economy up in a day.
It’s late. Government spending has already taken us to the precipice, and favored constituents are surely taking us over it now.
Have fun!
my kids' babysitter went there... it was a good match for her...
I’m sure Hillsdale college is a fine college for those students who have ~30,000 socked away to pay for college next year.
http://www.hillsdale.edu/admissions/financialaid/costs.asp
I’ve heard good things about College of the Ozarks.
Thanks for the link.
thank you so much of for this information... we are not Catholic, but the schools we are interested in are the Catholic colleges because that's where we have found the top-notch Classical studies... we were looking into Santa Clara University and St. Mary's (Belmont) both in California... both are very expensive--but their classical studies are impressive... my son has been studying Latin for six years now, and will start Greek this summer... again, thanks much!
Yes. At its core, computer science is about problem solving and organizing information [for problem solving]. The amount of information is only increasing, so I expect the need for computer scientists will do likewise. Its not as easy to outsource software development tasks as people imagine. Getting it right demands tons of communication, coordination, and testing. Cultural differences don’t help that. We have no trouble placing our grads and are constantly bombarded for requests for interns.
Thanks. Remember—just because you’re biased doesn’t mean you’re wrong.
And what do these two things have in common: enomrous governmet subsidies and enormous government involvment/interferrence. Market forces are not at work in either of these.
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