John Oliver discusses student debt, which is awful, as well as for-profit colleges, who are awfully good at inflicting debt upon us.
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It's like trying to get a job but no one will hire unless u have job experience but u can't get job experience if no one will hire u. I'm guessing training using internet videos doesn't count as experience. Even better than that a person being deemed over qulifified for a job but not getting an answer as to what is meant by over qualified. I get they may feel their job is being threatened by someone who can do the job better but isn't that discrimination. I feel their fear of losing their job to someone better or a robot but if someone can do your job better you may have to step up your game or get out of the way. What all that has to with student debt. Easy, you can't pay your student debt if u don't have money and u can't make money with out having a job. If your degree(s) is/are null and void aka useless what do u do job wise?
It couldn't possibly have anything to do with people going to school for 4 years to get a gender studies or liberal arts degree. Then when they wait tables at red lobster because they have a useless degree they don't pay their debt.
I go to UCSB and only have 18 weeks left of college to enjoy and after that, I have 30k of student loans to pay off. Wish society had not pressured me to go to school which I now see as a scam but I did come out wiser than when I started so it wasn't all for nothing. If i had a time machine I would have studied in Denmark or Switzerland but actually, I'm glad I went to UCSB because I met my husband here.
We might get yelled at for "shitting on the streets" as indians. But atleast we have heavily subsidized education. 500$ to go to AIIMS for the whole course of 5 years, And it is the equivalent of Harvard Med school, better in many ways I must add
Most of the big for-profit colleges, like Colorado Technical University, University of Phoenix, and Devry prey on low income borrowers. The business model is simple, openly enroll the people who have access to Title IV funding and Pell Grant. 90% of the revenue these colleges make comes from federal funding...aka your tax dollars. The problem is...people don't graduate from these schools, so the return on investment for society is zero. Colorado Technical University's graduation rate is around 28%, and most of those who do graduate can't get legitimate jobs in their field of study - because employers don't want to hire someone who attended an online for profit college. Just look up their financial statements....most of the school's revenue goes to Admissions and Marketing and settling lawsuits, not student services or education. It's a brilliant business model, if you're Dr. Evil.
*All schools are for profit schools.* People are allowed to borrow for " criminal justise" , web design and interior design. The requirement for criminal justice is high school, web design is something anyone can do for free on go daddy and nobody needs 50 year old interior designer who grew up in low income area and can t draw. Online schools can be done by copy and paste googled material while drunk. Gullible and lazy folks are encouraged to make debt. Obviously, someone profits
Does anysoul at all, nowerdays still believe that ALL OF THE GOOD THINGS AND INTENTIONS IN AMERICA ARE NOT ROBBED, SOLD, PREVERTED TO THE INSTENT OF BEING THE OPPOSITE OF WHAT THEY WERE.. LIKE A MINUTE AGO?
Name just one good thing that wasn't treated this way..i DARE you! Just ONE!
People, please apply to countries like Malaysia or Indonesia and so on. They have amazing programs for much lower costs. The academic workload may be harder but it's better to spend 4 years hustling than 40 years in regret. I myself am attending a university in Malaysia for what basically amounts to peanuts in the US currency. More than happy to answer questions and help you with the process.
So glad I live in Norway - university costs close to nothing, if you pass your exams you only have to pay back around 60% of what you loaned, and because the government need human resources further north, they will annihilate your student debt if you move there and become a productive citizen.
Also, as a student, you can easily get refunds for any bills at the doctor, and there are also services like psychologist, sexologists and more that are entirely free - also for non-students.
I am so grateful and happy about living here. I imagine one saves a hell of a lot of money by paying for all of this through somewhat higher taxes rather than having to pay for insurence, full costs of the doctor's bill etc. directly.
Wishing all students out there good luck! :)
someone in John's camp....whomever runs the graphics: MY CHEMICAL ROMANCE IS NOT A FUCKING EMO BAND.
maybe check with your local emo representative before posting slanderous material.
for future reference, google: Jawbreaker, Taking Back Sunday, Orchid, Texas Is The Reason, Braid, Rilo Kiley, Rainer Maria, The Promise Ring, shit i'll even accept Brand New.
Word of mouth and speech are not formal languages. Even so there with your little pictures, but who pays $200,000 for it when the combined books are $1,000? Take your little certificate and dead end opportunity and...and there's no heart or passion about your money making attempts.
it wouldn't be America if we weren't constantly bitching and complaining about how unfair everything is. free education is one nice system. so is working hard and paying for your own education. i paid off about $30k in student loans and have now saved a sizable downpayment for a home. i had to re-prioritize my values to do so. i actually lived within my means. took a second job. moved back home for a bit. bought a 20 year old car with cash instead of financing a new one. saved, saved, saved as much as i could after attacking my debt. i don't regret a single moment of it. i don't blame my country for not giving it to me for free. i don't envy europeans and their free education. i worked with what i had. and now i don't feel anxiety, or ripped off, or that somewhat snotty superiority free education countries like to tout as proof of america's greed and stupidity. stop buying into all that. one of the best things you can buy yourself is an education. the real lessons come outside of the classroom but it's worth walking through that door. never limit yourself because a youtube troll tries to call you a schmuck for paying something they get for free. a free education didn't get them any kindness or class.
Save me from myself! I got debt from college that I can barely afford to pay and it's ruining me... Nobody should go to college for something that doesn't require a degree if they can't afford it. I just wish I knew then what I know now. Biggest mistake I ever made. Can you or your fans help me John? www.gofundme.com/ianormiston
I’ve been watching a combination of this channel and some spooky stories, so far I can’t be scared, I guess that watching 2 completely different things makes one less scared of specific things, haha, and the only real scary things are what the news says about gamers with me being a gamer, 😂.
Yes, these schools are absolute, irredeemable rip offs. But, many of the "students" sign up, get the free government money for school expenses AND "living expenses" with no intention of actually completing whatever bogus course they signed up for, or of paying back the loans. Just another way to live their lazy-ass, deadbeat lives without actually having to, God forbid, WORK.
When I first graduated I paid more to my student loan payment then I did to Rent every month ... it sucked so much I got really depressed about it -I felt like a failure because I could barely handle my payments. It took a large toll on much more than my wallet.
I’m hopeful that in my lifetime the US will address our education situation because what we’ve got going on now is quite the mess!
99.9% of jobs that require a college degree really don't. You could learn most jobs with a week or two of on the job training. We need to bring back apprenticeships. Other than the medical field and a few other very specific jobs college is 100% unneccesary
Idk who else knows this, but student debt is actually the result of the federal government giving out loans, and kids majoring in things that won’t get them a job. If they didn’t do that, college would be relatively cheaper.
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.
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
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.
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.
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.
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)
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+.
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.
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