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Student Debt: Last Week Tonight with John Oliver (HBO)

81246 ratings | 11046237 views
John Oliver discusses student debt, which is awful, as well as for-profit colleges, who are awfully good at inflicting debt upon us. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
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Text Comments (7730)
Razorflamekun 11 (1 day ago)
i just sent the letter to APSCU lmfao
Katherine Dant (2 days ago)
shitty teachers though...esp with the ones who "give up" working when they get tenure...
JÜKKL (4 days ago)
Glad to live in germany. Education is free.
Angus Johnson (6 days ago)
Where was this video when i was in high school? Fuck this
Thomas Kinkade (7 days ago)
He said h the way Americans say h instead of the British style hayche
SoundSpire (8 days ago)
I only now notice not only the Washington Monument but also a random pyramid in the background image
stella I (8 days ago)
damn im 4 years late otherwise id send that letter
treedevil (9 days ago)
Lol about the perfume, honestly though I think it's pretty normal if you have an oldschool type mom who has a particular 'scent' she wears all the time. Before my Nana died, the go-to default gift for her was her brand of perfume, and that was coming from her daughter/grandkids. It's not about like, romancing your mom, it's about knowing what she likes and will appreciate having.
nasecoo (10 days ago)
Six seasons and a movie !!
Rosella A Alm-Ahearn (13 days ago)
The University of California system was free here in CA that started when Ronald Reagan was elected in 1961 and then really skyrocketed after Proposition 13 in 1978.
Rachael Muncie (17 days ago)
I'd also recommend getting your gen ed courses at a community college. It's a lot cheaper and they transfer over. And don't go while you're unsure of your major. There's nothing wrong with taking time to think it over
Joe Willems (19 days ago)
Kinda frustrated how he didn't touch on the rampant misuse of funding public universities engage in every year. My university just spent 2 million on a NEW mansion for the chancellor (note I said new because they already had a mansion for the chancellor) not to mention the fact he gave himself a several hundred thousand dollars raise. My university also have more administrative positions then teaching positions. My brother works in financial area of the university and they run a profit every quarter but at the end of the fiscal year the launch a massive spending campaign building buildings we don't need and giving raises to administrative. Not trying to distract from profit schools but the public universities have some pretty serious problems too.
Jay M (20 days ago)
While Student Loans are among the most difficult get out of, you can thank current Congress for relaxing regulation on poor banks (the same of that caused the 2008 stock market crash and the next one later this or next year). Apparently Fed's gift of 0% for a decade and $4.5T of printing wasn't enough.
Edrees Feda (21 days ago)
Talking most about for profit schools INSTEAD of talking about the US Government in the topic of student debt seems really irresponsible
Erik Bakker (22 days ago)
Holy fuck, paying for school? Where I live almost everything is 'free' (well, taxes). Education, public transport, healthcare, gas, water, electricity, internet, housing (although you can buy bigger house of course). Even basic groceries (bread, milk, eggs, diapers, vegetables) are free here albeit to a monthly maximum. All we pay for is luxury items like cars, computers, etc.
Declan Hargrove (22 days ago)
I wasn’t looking at the screen when he said “emo bands” and I rewound to make sure it was a picture of My Chemical Romance (although I would have accepted Black Vail Brides; not as famous as MCR but they photograph funnier)
Ryn Flare (22 days ago)
I should not be a rarity. I am graduating with zero debt and some actual cash in reserve. This shouldn't be that hard, America. What the fuck is wrong with you?
Buttery Skater (23 days ago)
Does anyone here laugh at any of his jokes?
Joseff Thomas (25 days ago)
Wow, America is a hell hole.
charlierw (29 days ago)
#sixseasonsandamovie
Marcus Price (29 days ago)
I actually DID get a student loan forgiven. I borrowed close to $80,000 to go to Airline Training Academy. September 11 came along during my airline school career and destroyed the airline industry. I basically finished most of my training, but the school went out of business before I graduated. Several months after the fact and when the forbearance period was over I started getting collection calls. I sent a single, one time letter to Key bank, the student loan company, with 2 options. Either, "If you claim my student loan is non-dischargable in bankruptcy, my school closed before I officially graduated so you must discharge my debt as that's the rule with student debt, or if you say it was 'A Key Bank Alternative Student Loan' so that rule doesn't apply, I will discharge it in bankruptcy. Thank you. Now go fuck yourself." I also started to try and organize the other students who were in the same position. As I seemed to be a giant pain in the ass, they never contacted me again and I gave up trying to organize the students (who I believe most of whom are still paying their loans back). Some students got REALLY screwed in that they were only at school for a matter of days before it closed and were still on the hook for $80,000+.
Jay Yasavez (1 month ago)
That's fucked up
Mei Lake (1 month ago)
Once again I feel so lucky to be born in Finland, where the level of education is one of the best in the world and completely free. I don't understand how America can operate schools & collages as businesses. It's so wrong.
Courtney Howard (1 month ago)
I had great grades in high school and got several scholarships even with that I could not afford to go to college so now even though I would love to get a higher education I cannot justify the debt I would go into for a humanities degree which as many know does not guarantee a lucrative career
Claudia Garcia (1 month ago)
Fact! College years will be the best of your life debt or no debt!
Chemical Blood (1 month ago)
I FLIPPED MY SHIT WHEN I SAW MCR I HAVE A PROBLEM
ImMeWhoAreYou? (1 month ago)
$7,000 tax refund taken from me. Owed $4,000 in student debt, that wasn’t enough they took the whole return. I disputed it and they said tough shit.
Tina H (1 month ago)
There needs to be more education about student debt. Please do an update episode on student loans!
Colonel Pepper (1 month ago)
That veteran one must have hit John close to home since his wife is a Iraq War Veteran.
EDDIE LEAL (1 month ago)
Tampa Florida had an ITT Tech until 2016. Shut down/filed for bankruptcy. Hmm.
Pamela Cass (1 month ago)
Long ago I graduated from a private college where R&B&T was $5800/year. It's now $24000/year. I hated that school for a variety of reasons. That school was also heavily into student loans but it also didn't care if I stayed or left-there were more warm bodies to take my place.
Emanuel Rojas (1 month ago)
Schools should be a place where they learn and prosper, not become flat broke and hold a sign that says, Student debt got to me!
Zex Konjina (1 month ago)
Despite my previous comment, congrats on that form letter :)
Zex Konjina (1 month ago)
Interesting that John didn't mention Harward and such universities, which advertise themselves even in the movies. Tons and tons of movies. And movies are usually very expensive. From that fact alone you can conclude how large percent of their income actually goes to marketing, leaving only bits for the actual education. John has focused on the small thieves, because he's afraid to attack the big ones.
WaldvogelReview (1 month ago)
I went to a 'For Profit' school, maybe LastWeekTonight could cover my Loans? lol
Rojas-messilia (1 month ago)
Now this I really hate. John Oliver instafasced. Jeez, him and Colbert are little rightwing shits nowadays. Ask any economist John. Ask yourself. I'm sure even Oliver knows he's just straight-up lying about Stein's common-sense proposal.
Kennedy Irakoze (2 months ago)
Tell me how this episode just touched my heart, now I’m about to spend hella money going abroad. Thank John Oliver
charles mcdowell (2 months ago)
Unfortunately I was scammed by itt when I got my associates . I'm going to do my best to pay it back, but it ruined my ability to go to school for a 4 year degree. I am a honor student but nobody respects it coming from itt. Thankfully I've racked up slot of certifications and work experience so I'm doing great although paying over off a total 40k for a 2 year degree is depressing. I was young and stupid and thought I was doing the right thing. Had no mentors to save me, just a kid in the hood talked into going into massive debt, but was going to fulfill his dream of becoming a computer scientist anyway most likely with out it.
charles mcdowell (2 months ago)
I have a great software development job that pays above average, but I contribute that to my perseverance in self-study; not itt.
Omer Dogrukol (2 months ago)
motivational.
The Charming Platypus (2 months ago)
Anyone notice that the “stock emo band” was actually MCR?
R Mander (2 months ago)
I love John Oliver!
Rene_1904 (2 months ago)
#sixseasonsandamovie
josh h (2 months ago)
6 seasons and a Movie !🙏🏻
Xiaran (2 months ago)
Can you please cover the hideous situation that is the quotareform in BD and how government is attacking the students. We need International support for this situation.
Scott (2 months ago)
This video has aged like wine when it should have aged like milk.
Richard Spillers (2 months ago)
we're nearing a point where employers are going to have to quit expecting a degree in anything just for a mundane as hell mamagement position. I let college go and I make $1500 a week. its all a scam.
Do you even YouTube bro? (2 months ago)
I'm scared to go to college because I feel like whatever school I go to will find *some* way to get me in debt...
nikolai60 (2 months ago)
It's definitely the other schools too doing this. The college I went to has multiple 'fund raisers' a year begging for tens to hundreds of millions, all while constantly firing anyone they can so they can hire new people and have a few more years before someone asks for a raise. Now, quite a large percentage of the people that work there are honestly good people, but whoever is running the place is absolutely not, and most assuredly looking for ways to get rid of the good ones.
Gabriel Urban (2 months ago)
#janicefromaccountingdontgiveafuck
Jake Miller (2 months ago)
I recommend that Gen Z and future generations be smart and apply for ancestry to leave the US asap. The US is not the best place to live. Parents should apply to prove EU citizienship at a very young age so their kids can escape the US after HS. Kids should be learning a second language and plan to attend college and grad school overseas to pressure the US to lower tuition. I did this and am attending grad school in Europe and it will cost me 3000 US dollars in 2020. I wish I had this plan in undergrad cause I could have left the US for school 5 years ago. Parents who see this please set your kids up to leave the US for college while you still can.
Major woody (2 months ago)
LBJ was nothing more than just another racist Democrat just like any other.
Cheryn English (2 months ago)
Many private colleges are just fine. You need to check if they are accredited. You need to make sure you have a plan. I would also be interested to know what the graduation rates for public colleges/universities are.
Ryan S (1 month ago)
12:10 this guy talks like there's more than one marine base in NC. There's only one: Camp Lejuene
Roach DoggJR (2 months ago)
I'm close to graduation from a community college. I managed to not debt myself, but I'm living with my parents, I have a job and every cent goes directly to college. That being said, there is no way I'm going to any University.
Hend Abazid (2 months ago)
Can you please talk about this issue again now in 2018 because I am sure nothing had changed except that the SAT exist now now now can you hear it now it exist
Chartoise (2 months ago)
I would definately take IT at Hogwarts... I want an owl... There, I said it.
Chartoise (2 months ago)
LBJ was a boss...
morcputer (2 months ago)
Ok i pay 270€ per Semester in Germany ...
derhenri2002 (2 months ago)
You could just go to Germany instead...(good thing I already live here)
IncoherentRampage (2 months ago)
Lyndan Johnson= Old-Timey Rick Sanchez
Elle Kelsheimer (2 months ago)
That's why I got an associates degree with transferable credits before getting my bachelors... So that if I couldn't continue for whatever reason, I'd still have a degree to leverage.
Joint Strain (2 months ago)
Gov't forces the increases, every year, in tuition fees, and the Gov't is the benefactor of all student loans.
Taryn Mason (2 months ago)
MCR!
Miro Syväste (3 months ago)
(Laughs in Finnish)
mdudegamer (3 months ago)
I went to a community college and came out with more money than I started with thanks to scholarships. I think the smartest course of action to take is to go the community college route for your first two years, you're getting education without having all your money squeezed out of you.
Rachel (3 months ago)
Why is this man such a BEAN
Evan Davis (3 months ago)
As a college student I will attempt all of this
ForeverMe543 (3 months ago)
The sad part is, whether the govt wants to except it or not, you need to go to college to get a job that will sustain your life. There is no way around it anymore. In fact, jobs are even going a step forward and requiring several years of experience as well as many degrees because they are all pieces of shit.
Casey Vee (3 months ago)
Medical debt is bigger than student debt. Oliver does not have his facts right here.
Kishi 15 (3 months ago)
I'm a sophomore in college right now majoring in aviation flight (so expensive that people switch majors halfway through freshman year because they can't pay for college and flight training at the same time. there goes your pilots of the future) I have 2 loans taken out right now and I have about $57,600 of student loans. I pay $25 a month for each loan. I'm going to be paying $100 a month in my senior year. I'll be about $115,200 in debt when I graduate and a poor pilot until I get into the airlines. Oh and pilots are forced to retire at 65 years old.
Alfonso's ALT (3 months ago)
15:33 im watching this in class rn ahahaha
Mateus Gonçalves (3 months ago)
George Carlin was right about how the American government likes to fuck people.
max zeng (3 months ago)
https://tinyurl.com/y98mbt
max zeng (3 months ago)
it's theoretically complete
Dash Blum (3 months ago)
You will probably get both hpv and student debt unless your a huge nerd
Laniakea -000- (3 months ago)
Fuck! where do they even find these phone conversations?? 😂😂😂
Motushchuk Ruslan (3 months ago)
😂😂😂
Michael Pate (3 months ago)
There's so much info out there that you can literally put together your own world class-level of education. I regret going to school.
ZERO056789jay zaro (3 months ago)
This video makes me not want to go to collage
MaddiAnne (3 months ago)
Ok I realise that this is a serious issue and all but every emo kid past and present and future just flipped out coz MCR
j f66 (3 months ago)
Trade schools
Steven Hates (3 months ago)
Veterans are all child molesters and war criminals so Fuck 'em.
Benjamin r (3 months ago)
Research the schools u are singing up for. Veterans do not pay for the college they actually receive a living expense while attending classes. Regulations lead to a more corrupt government that will increasingly focus on what people giving them money want rather than what its original functions are. If u attend a college and get ripped off then its your fault. Research the college find if and by who they are accredited write reviews on the college. The free market works so long as your not a lazy twat who expect the world to be nothing but unicorns and rainbows.
Kohl Methven (3 months ago)
I'm more concerned that the man buys $6 perfumes, there is no way you're getting quality perfume at $6 a bottle.
Brian Fitzsimons (3 months ago)
I still listen to Legend
alexis carrillo (3 months ago)
Excellent Professor Duncan!!
Marcus Nörren (3 months ago)
Nice way to keep yur people dumb or unable to do anything with the education.
Nick DaRose (3 months ago)
Germany's education is free lol
The IT (3 months ago)
8:00 That’s not true. It’s also the job of sports coaches, martial artists, and acupuncturists!
kirubel wondwossen (3 months ago)
reve wohs tseb.
EnigmaDrath (3 months ago)
I actually saw red when he got to the part of them trying to sign up veterans with brain injuries. How fucking low can you get???
Phamily Phun (3 months ago)
Also people hitting people's pain points, Acupuncturists.
Omar Shah (3 months ago)
Conclusion: This nation’s pants aren’t big enough for LBJ’s balls
Nadesican (3 months ago)
I went to a state college. I have a Bachelors degree and an associates degree that I can't find work with, as well as 90k student loan debt. If anything gets reformed, I would focus on requiring some 'direct to resume' work experience..
Pomagranetes (3 months ago)
Im screaming he put a picture of mcr in dead
Obito Uchiha (4 months ago)
Hey, MCR!! :D
Kiki Garba (4 months ago)
Ok I'm in first year uni and already $10,000 in debt but the real pain point for me is the fact the only emo band you could come up with was MCR?! They aren't a band anymore. We get it.
TheNextTurn (4 months ago)
2 years later ... John Oliver bashes the ONLY candidate that wants to get rid of government debt ... Jill Stein. John is really BIG on the issues ... but when it comes to those solutions to those issues ... he doesnt care. John = corporate shill
laoup26 (4 months ago)
Laugh from France.
Proud Canadian (4 months ago)
Graduating Class of 2018.

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