College Conspiracy: Is College A Big Fat Scam?

Submitted by: Aints 5 years ago in Misc

Is college the largest scam in U.S. history? What do you think I-A-B? Lenghty, but worth a look if you"re a student.
There are 84 comments:
Male 5
You know what`s funny, is that nowadays, going to college might provide you some knowledge, but not necessarily the means to survive or make a lot of money in today`s world...i see kids who are 16-20 years old making more money on the internet than those that get MBA`s and PHD`S..crazy, right?
0
Reply
Male 3,631
Nailed it:

Inflation is the Invisible Tax

Unintended consequences which result from tampering with market forces contribute to this inflation

Exporting that inflation overseas (world`s reserve currency) has been what`s responsible for artificially sustaining our economy

This, in addition to Social Security = The ultimate Ponzie Scheme

--
Starve the Legal Industry!
Deprive gov`t of opportunities to effect indentured servitude!
Buy Gold and Silver!

(non-college graduate)
0
Reply
Female 500
This really gets people to think. I`m going to college next year and this makes me think twice about my college decision. However, the people in charge of this whole campaign are idiots. Well, not really idiots, but manipulative bastards. They don`t truly help anyone. They just point out flaws of other people. I can`t do what I want without a degree. One cannot perform surgeries or argue cases without a degree. One cannot catch bad guys or treat mental patients without having learned the information necessary to do so, and no matter how lovely and interactive and beautiful your online class is, it is impossible to get the same dynamic and the same organic building of ideas that happens when one gathers people in a physical room. We cannot all work at McDonalds. That being said, the United States government should get its paws off the College system.
0
Reply
Female 144
what a long ad for NIA
0
Reply
Male 356
I watched the whole thing.
Too little information, too much agenda. The information is useful, but instead of constructing a feasible solution to the problem, they just randomly inject their slanted opinions in. Not a good video overall.
0
Reply
Male 31
Eh, I saw till minute 8 but turned it off because it doesn`t apply to me. Here in Belgium, college is 500 euros per year + about 300 euros if you`re unlucky for books. Most professors write their won course which can be bought for very cheap in special student bookstores. Education is VERY cheap here.

I don`t like how they say education is a scam because it isn`t in it`s core. Educating yourself is a means to grow, and your education is a very big part of who you are.
Also it is vital in most jobs. Wouldn`t you want your architect, doctor, ... to have done the right studies before starting a practice?
I do agree in America, education is WAY too overprised. Most european countries proove it can be made very cheap, so why can`t america?

I also agree there is way too little education in organisation, management and undertaking (is that the word?). Though that is changing. I`m currently an engineer student but we have the choise to have about 10% of our courses ab
0
Reply
Male 16
College is a pyramid scheme. One generation buys in, then tells the next that they too have to buy in. And I have actually learned more actually working internships than I have in 4 years of schooling. To me, it seems like a degree is basically a permit to work, that cost more than a car. I`m in college right now, finishing up my degree, and it is going to cost me about $50,000. It will be atleast $100,000 when I die. For a journalism degree. sounds like a lot but a friend of mine that graduated a year ago with an elementary education degree and teaching certificate spent $80,000. Maybe there is an agenda here, but the reality is that eventually this bubble is going to burst, and if you thought the housing crisis was bad, you ain`t seen nothing yet. Unless everybody calls a mulligan. Which will not happen.
0
Reply
Male 237
never trust a website that ends with ".us" we need a set of real people doing real research before i ever believe any of this. there are valid points dont get me wrong. but if there were a real organization that was actually transparent in all of their actions i would be more willing to believe this. we need people. 100% human everyday people with a chip on their shoulder and balls made of steel to get the real facts.
0
Reply
Male 588
Alright, so, I watched this whole thing.

While there are a number of valid points in this video, I also recognize some hyperbole and "spin" in the video, and lots of references to anecdotal stories of "a friend of a friend" (normally friend or relative from someone at the NIA).

It seems to go completely off the rails about 40 mintues in, in my humble opinion, and makes a number of inflammatory and outright false statements.

These people have an agenda, just like everyone else.

It`s unfortunate.
0
Reply
Female 295
If everyone was educated, who`d be our garbage men, postal workers, and fry cooks?
0
Reply
Male 914
"Education should be free. When you advance learning, you advance society. End of story."

I don`t disagree with your sentiment that education is good for society. The problem is that you don`t understand the consequences of this type of cost structure:

If colleges and universities are guaranteed funding and existence through this kind of subsidization, it removes the crucial motivator of "provide an excellent product/service or be crushed by the competition". Fear of bankruptcy / desire for profit is what prevents ordinary businesses from letting the quality of their offerings go to hell.

We`re already seeing the negative results of subsidization through useless liberal arts degrees, professors who can`t speak English, and 300 students packed in a lecture hall. Sometimes they don`t even teach, they just tell you what books to read. It`s sad.
0
Reply
Male 126
200 EURO bought my course books for my three year course, and there are no college fees in ireland. I watched about 5 minutes of it and realized it didn`t apply to me, and that I should be typing up my notes right now. H82B American and BROKE lol
0
Reply
Male 612
this has to be the stupidest conspiracy video iab has posted.
0
Reply
Male 1,737
Just tossing this out there,

Is it still a conspiracy if every detail is available to the public? Don`t they try to hide those kind of things.

Or is it a conspiracy of white rich parents in the P.T.A trying to keep the black man down? I`m confused.
0
Reply
Male 157
I just find it amusing that people would spend so much money to help them get a job if they couldn`t afford it.
0
Reply
Male 593
Simple , NO College - Degree = much extra work in life for the $ , with College + Degree = less stress + $$$$$$$ , it is that easy .
0
Reply
Male 2,005
thank god my country have system that removes the student debt after you`ve finished your college education
0
Reply
Male 516
College is not a scam, but the idea that every student should aspire to go to college is a farce. Unfortunately, too many children are pushed into higher education when they should be looking at vocational schools or entering the work force. Many of those children waste their time and end up in a great amount of unnecessary debt.
0
Reply
Male 171
The video does make some good points, so it was fun to watch.
But you do have to keep in mind that this video is only propaganda too. for their inflation society, and their gold and silver buying.

Gotta love the part at the end though.
"Start thinking for yourself! Sign up and become a member of NIA!" Hehehehe :P
Think for yourself, join our website where we will be feeding you our premade opinions and theories!
0
Reply
Male 2
Saying a video is “totally true with exceptions” is like saying “people always tell the truth except when they lie.”. It doesn’t mean anything. You are a waste of words and I don’t think you would know how to spell “collage diploma” if you didn’t Google it first, McGrissom.

If you want Fox news style propaganda, please watch this video and lose a whole hour of your life to the thought that you shouldn’t try and better yourself through any institutions of higher learning, that it is every Americans duty to work at an entry level position until youre employer decides to discard you, and that we all ought to spend our lives completely ignorant of anything outside of our own minim wage drudgery. Oh, and that gold is a really,really sound investment and the price will never ever drop because it’s made of magic unicorn tears.
0
Reply
Male 3
Facinating... I watched BECAUSE of the post below me warning "DONT WATCH"

The video is TOTALLY TRUE, with exceptions.

There are still very reputable universities that never forgot what education was meant for, and still teach professional trades (i.e. Law, Medicine).

WATCH IT. It sucks but the truth is the truth. Its our reluctance to accept it that makes it painful. And yes... I have a college degree too. Yippee.... useless.
0
Reply
Male 2
DON’T WASTE YOUR TIME ON THIS! It brings all new levels to stupidity. This video is literally one of those gold scams and in addition to that, it is literally backed by a freaking hardcore republicans, who, as the video intimates, want us all to return to farming instead of a technological and education biased society we live in. I don’t care how bored you are, anything is better than this video.
0
Reply
Male 336
Engineering. :D
0
Reply
Male 14,835
@Solarmew I guess I was too harsh, I retract my last statement. I hope the doctors are able to re-attach any parts blown off members of the military that have done done such a swell job of liberating other countries of their sovereignty.
0
Reply
Male 2,384
being a college student, i struggle to pay my college loans and dont even have text books for some classes, cause im broke. it really is a scam
if i stop going to college right now (after about a year and a half) i am still going to have to keep paying off my loans until I am 30 (give or take) and seeing that i have a minimum wage job and am going to get layed off soon i am kind of drated
0
Reply
Female 119
you know what my job was during my deployment to Iraq? Sit in the power plant and watch movies 12 a day for 6 months ...
and now i`m out and working on my BAS in Applied Mathematics...

so suck on that ...
0
Reply
Female 119
seriously tho ... Join the military ... and no, you don`t have to be patriotic, you don`t have to love your (or not your) country, you don`t have to give two poos about anything, except what this video is pointing out.
DON`T LOSE TIME AND MONEY!!!!!!!!
In the military you`re guaranteed a steady job and after you get out, not only do you have experience, you also get bumped to the top of the employment lists.
Don`t work to work? GO TO SCHOOL!
It`s free, and you get paid to go to school, so you don`t have to work! Plus you`ll be eligible for unemployment...
Plus, if you want to screw the system even more, apply for disability compensation. You don`t have to be missing a limb or two, you can pretty much sneeze and they`ll give you money ... for the rest of your life...
So there we have it:
- no money lost
- experience
- no college debt
- enough GI Bill to get your masters degree if you try

you know what my job was during my deployment to Ir
0
Reply
Female 119
Draculya, awww, dun be jealous XD
I`m out and back in school, baby! Just after three years... Now i`m rockin` free education (classes two days a week) + $2100 tax free + VA tax free + unemployment ;P
do the math and tell me how much that is for 16 hours a week for the next 4 years ;]
0
Reply
Female 1,324
I can`t get a credit card made for students to build credit because my credit score is damaged from a loan I took to pay for school, and my loan to pay check ratio is too close because I can`t get a decent job while I`m going to school. Fun times!!
0
Reply
Male 10,440
[quote] That is too funny! Your joke reads as if you have been college educated and believe the dreck they teach there. Keep on trollin`! [/quote]
That`s too funny! Your comment reads as if you were some kind of crazy ass-backward oompa-loompa.
0
Reply
Male 14,835
"serve in the military and get education for free, like me, bitchez! :D"

Enjoy the amputation, bitchez
0
Reply
Male 14,835
Plan A: How about get a degree in something very under supplied like nursing, immediately declare bankruptcy, get a job somewhere else. OK, so congress closed that loophole...

Plan B: Get a job with a top investment bank, destroy the economy, watch inflation erase your debt.

Plan C: Get a fake degree, get a job, have no debt.

This whole video is very biased, probably sponsored by disgruntled banks. They make some correct points though. I would rather hire someone with experience and references than a degree.
0
Reply
Female 119
serve in the military and get education for free, like me, bitchez! :D
0
Reply
Female 2,764
On a side note... I am one of the many who have used and abused my "refund check" each month. Food, car, gas. I thought it was such perfect plan.

If I could talk to my 18 year old self.......
0
Reply
Female 2,764
Absolutely true. I`m in this very same situation. Education. In debt up to my ears. No job (read: "real" job). No house because my credit is in the pooter from having so much out from loans for school (and the lack of a "real" job)
0
Reply
Male 1,526
Lots of things SHOULD be free.
Education, food and shelter. Basic human needs.
Basically the world would be a better place if there were alternatives. Let people who like money continue playing their money game, but having an alternative where you are "payed" in resources or get access to workshops and materials. Separate the two systems and see what system thrives more than the other. You should never be forced into living in one kind of system, choice breeds creativity. Other ways of life would flourish if this was implemented. One size does not fit all.
0
Reply
Male 749
I did watch the whole video. In general, I agree with their premise, but the whiny activist guy was annoying, and in the end, it looked like it was all a commercial for selling silver bullion.

Until people start demanding real competition among colleges and gubbermint gets out of it, I don`t think it`ll change.
0
Reply
Male 272
it all depends on how you use your education. A degree does not guarantee a job. Networking, persistence, dedication, and knowledge do.(ok maybe not guarantee, but you know what i mean.) NO you dont have to go to college to be a valued member of the society, and college is not for everyone, but there is no denying that it is a great opportunity (if used correctly) to drastically change someones life for the better. Also i did not watch the video. A whole hour? What am I some lazy college student that is putting off studying for his Calc 3 test? oh wait... :/
0
Reply
Male 749
[quote]Education should be free. When you advance learning, you advance society. End of story.[/quote]

That is too funny! Your joke reads as if you have been college educated and believe the dreck they teach there. Keep on trollin`!
0
Reply
Male 508
Education should be free. When you advance learning, you advance society. End of story.
0
Reply
Male 15,832
Anyone who is stupid enough to go $200,000 in debt to get a f***ing sociology degree (or something similarly worthless) is too stupid to be let loose unattended in Wal-mart let alone be allowed to vote. You might as well go down to Occupy Wall Street and let George Soros feed you till the weather turns cold.
0
Reply
Male 150
Wow, $27,000, in my (Canadian) hometowns University, the most expensive field is Dentistry at about $10,000 a year, not including textbooks.
0
Reply
Male 1,540
I`m not going to watch the whole thing but here`s my two cents after watching five minutes:
College isn`t really a huge scam, per-say. The system is a bit screwed up right now, but you learn more important information getting your associates in general ed. in a cheap jr. college than you do in all the rest of high school. I can`t speak for all degrees, but for the one I`m getting, all of the classes I`ve taken thus far have been essential for my career.

Also, "no high schools in America teach essential skills that will help kids like using the internet [bla bla bla]." Actually, my high school had a class that taught all that stuff. I`m sure there are a lot of other high schools in the U.S. like mine.
That seems a bit opinionated, too. Math is pretty important in the real world and English is VERY important. World geography is also extremely important.
0
Reply
Female 1,743
27 thousand? Man, that`s a bargain.
0
Reply
Male 17,512
College/University is not so much as a scam as it is way more expensive than it is worth.

Now the textbook shuffle, that is a hell of a scam. Except for a my technical books, the books I bought for most of my classes were nearly worthless, professors would print their own handouts and test you on what they lectured on in class, the rest of the information could`ve been found on the internet or in the library.

The tenured professors and administrators are the only people in this country that haven`t had to take a pay cut, and they don`t give a crap if you flunk out they get paid no matter what. It`s one of the few jobs in the world where compensation is not tied to job performance.
0
Reply
Male 201
Except for that whole thing where EVERY PUBLIC UNIVERSITY IS NONPROFIT. "The system," "the man," yeah, yeah - we`ve heard this bullpoo before. And as I`m typing this - why the drat would the price of education be correlated with the real estate market?
0
Reply
Female 1,356
I guess I`m pretty lucky to have had such amazing teachers.... but perhaps I`ve already bought into the `system`.
P.S. Why was justin bieber used as the figure in the beginning.
P.P.S. One hour! Like hell I`m watching this!
0
Reply
Male 194
That dentist should never have had to default on her loans, plenty of dentists and physicians graduate with more debt than her and have no problem paying them off.

Also, college is awesome and totally worth the $$ anyway!
0
Reply
Female 1
University (College) is what you make it. While I do believe that the cost of a degree is vastly inflated and that you do need experience to get anywhere I don`t think that its a scam. I also don`t agree that government sponsored education is the worlds worst thing. Its all in the way in which its implemented. We`ve had government loans and bursaries (free money that we don`t have to pay back) in Canada for years. In many European nations university is totally free, however not everyone wants to go to university, or is the university type. And that`s not a crime either. In Canada there actually has been a big push for people to get "blue collar" or trade/apprenticeship jobs, as the qualified people are retiring so there is a huge labor gap.

So in other words, figure out what you want to do first, take a year. And if you need a degree to do that, get one. If not, get an apprenticeship and get the experience that you need to do it.
0
Reply
Male 234
Wow chrn way to reference Jobs and Gates (don`t forget Zuckerberg). Those guys are generally exceptions to the rule, if you can come up with an idea like apple, microsoft, or facebook by all means don`t go to college.
If you want to be a lawyer, engineer, doctor, or other professional than you need at least a BS, preferable MS. Lincoln may have become a lawyer and president with little education but that is impossible now, you need to go to law school to be allowed to be a lawyer.
By all means if you can run a business right of high school and make money don`t go to college. But if you want better opportunities than what a diploma offers (avg. salary 31k, vs engineer ~80-100k, doctor 200-500k) then go to college. Don`t call college a scam because you couldn`t get in.
0
Reply
Male 663
College is way to expensive. The textbooks are rigged. This documentary is mostly a bunch of bullpoo though.
0
Reply
Male 701
Don`t believe it. The US has no manufacturing, no farming, no middle class. Higher education is the only hope we have left.
0
Reply
Male 881
You are being played.

This video was created by the National Inflation Association. Don`t take my word for it, Google them. Notice Google`s first suggestion for that name is "scam". If you see something on the interwebs or ratings driven media "news", then you need to take it with a grain of salt and do your own research. Don`t let people think for you. Unless, of course, you are into destroying people`s lives for the financial benefit of sheeple hearders.
0
Reply
Male 171
Wow.. and I thought paying £9,000 for 4 years and then nothing for my 5th year (NHS pays fees) to become a doctor was expensive....
0
Reply
Male 174
It is a scam and anyone defending is generally too afraid to admit they`ve gotten scamed. Colleges are just another corporation. They`re there tomake money first and formost, and frankly it`s BS (with the exception of very few fields like medicine or law) that companies require some form of degree, because most jobs can be learned through experience. Take for example the fact that even if you graduate, most fo the time you still have to intern in your field for a year or more before you`re "qualified" that right there proves it`s BS because if you were qualified straight out of college you wouldn`t have to do that. It shows college graduates don`t really know poo about what they`re doing. You have to do the job to get good at it. Lincoln had 18 months of formal education and no college. He became a lawyer and the president, he did that by reading and taking action. Bill Gates and Steve Jobs never graduated college. There you go. You just need common since anda will.
0
Reply
Male 469
This is all a plot to get no one to go to college then the people who made the video will go to college and get all the good jobs.
0
Reply
Male 10,440
[quote] The value of the average undergraduate degree today *net of tuition* is $1 million [/quote]
NOPE! I was fed that crap too, it`s not worth 1 million. It`s worth the knowledge you gain and the credential you get. That`s all. You still have to go out there and work to make that extra $1M over the course of your life.

And as for the question in general: [quote] Is college the largest scam in U.S. history? [/quote]
To that I say, there is an obvious difference between a scam and a bad deal.
0
Reply
Male 265
Issues...

1) The statement of silver is fine, except if a person has such insight into future events they should buy a lotto ticket instead.
2) Most jobs require a degree to even be considered for an interview. You don`t have to be "special" to be hired, you just have to keep your application from the trash bin.
3) A person will rarely ever use the specific facts they learned as part of their occupation. Instead occupational skill college instills is the language and thinking style of that field and how to communicate with colleagues.
4) Probably happens... private schools have to advertise something.
5) Personally I don`t care if I make more, I just want the option to have a career I enjoy.
6) Meh.
7) "They [government] took yer jerbs!!!" rabble rabble rabble.
0
Reply
Female 1,380
well there goes an hour of my life i can never get back :(
0
Reply
Male 60
You have to consider the source (my education taught me that)! Ultra conservative, right-wing propaganda. Fear mongering at its finest. I graduated with a MS and $0 in student debt. It`s competitively placed me above other applicants and I landed my first job during one of the worst job markets of my generation. Having a graduate degree and a high GPA got my foot in the door where, without those, I`m confident my job search would have been much more difficult.

This video is nothing more than selective facts (if accurate) with opinionated narrative aimed at generating fear with a motive. Google "National Inflation Association reviews" and get both sides of the story. Somewhere in the middle you`ll find the truth.
0
Reply
Male 265
Randomly skipped through the video and here are some of the points that I caught.

1) Using college fund money and investing in silver before the collapse would have yielded a large profit.
2) If everyone has a college degree then it doesn`t give you an advantage.
3) Having a college degree might not have anything to do with the job someone gets in the future.
4) Private colleges lie about their `employment after graduation` rates.
5) Advocating that college graduates don`t make one million more in a lifetime that non-college graduates.
6) Congress is there to make laws so their lawyer friends have jobs.
7) The government is bad m`kay.

Issues on next post...
0
Reply
Male 111
Garbage. A group with an agenda, presenting distorted information, selectively ingoring facts that might be inconsistent with their pre-determined conclusion. They should have gone to college. They might have learned some critical thinking skills.
0
Reply
Male 371
I`ve run the figures on this. The value of the average undergraduate degree today *net of tuition* is $1 million (in today`s dollars). In the 1970s it was $500,000 (also in today`s dollars). Take-home: even after subtracting the cost of tuition, a college education is worth more today than a generation ago.
0
Reply
Male 1,582
God is the biggest scam of all time. You lose college.
0
Reply
Female 2,674
razlem, that`s good that your high school did that. Of the three things you listed, mine only taught us the 2nd [which most of us learned on our own anyway] :P
0
Reply
Male 559
@1:09...University of Oregon is not a "top tier" school. And I don`t even know what the "L" stands for.
0
Reply
Male 533
This video is garbage. Places of higher education have existed for hundreds of years. Public high schools DO teach you how to start your own business (it`s a required class here), use internet resources, and prepare for life without college.
0
Reply
Male 234
Thanks for the Ruffiana, I`ll have too watch some videos in my free time.

But there is no way college is a `scam`. Price continues to climb for tuition because demand will always be there, regardless of the financial systems health. College degree = more stable career and higher wages. US census shows that higher degrees have lower unemployment. Also I disagree with the bubble statement, as a college degree provides higher wages to pay the debt, not property to pay off. Didn`t watch anything after 10 min, cause it`s bs. Yea education is expensive, I`ll finish medical school in 2 more years with 300k debt. But they greater earnings make up for it.
0
Reply
Male 153
No one is telling you to do anything or think anything. Learn how to watch something and learn what you can from it and throw the rest out. Sounds like some of you need hugs.
0
Reply
Male 1,471
well that`s 40 minutes of my life wasted..
0
Reply
Male 248
I stopped watching when the first "fact" they presented was wrong and grossly exaggerated.

From personal experience (I currently attend university), textbooks are in the range of $50 to $150 and are quite easy to sell used to other students once you`re done with them.
0
Reply
Male 3,894
College isn`t a scam--there are a lot of careers where a higher amount of education than high school is necessary. For example, you can`t be a doctor fresh out of high school.

Now, colleges are fully aware of how necessary their service is. They can get away with squeezing out as much money as possible from the students. Textbooks are necessary too, but there`s absolutely no way in hell it costs $250 to make a stack of paper bound together inside of cardboard. They can get away with it, though.

tl;dr--college is necessary, and they can charge whatever they want for it without losing a significant amount of business. It doesn`t seem fair but it`s not technically a scam.
0
Reply
Male 2,440
It`s just a very big ad for buying gold and silver and for online schooling. Waste of time.
0
Reply
Male 2
Stopped watching at 42 seconds when I noticed they misspelt `economic`.
0
Reply
Male 1,010
I think Americans should make a big pile of books, and burn them.

Seriously. It seems like the next natural step in this well known "progress" anyway.
0
Reply
Male 1,471
Wait what ?.. The solution to the free market creating a student loan-college tuition bubble is more free market?.. Totally makes sense..
0
Reply
Male 493
No, it`s not a scam. Enjoy your mediocrity and lack of education, Americans. Sure you can make a decent wage doing less-skilled work. Just don`t be mad at somebody else when all the high-tech, first-world jobs move to Asia like they`re already doing.

This video is the scam. Buy gold and silver? Right.
0
Reply
Male 506
0
Reply
Female 2,674
I saw this like a month or so ago. Got to 5 minutes and realized it was an hour long, and closed it.
0
Reply
Male 2,605
is it a scam? maybe, but it sure was a blast. i`d do it again
0
Reply
Male 2,034
PREACH, BROTHER. Same poo I`ve been saying for the past 3 years. Of course, I`m so deep in debt now I might as well get something to show for it.
0
Reply
Male 1,383
LENGTHY?! Omg can someone just summarise this for me? :P
0
Reply
Male 25,416
Yay... college conspiracy. Anything else we think is a conspiracy?
0
Reply
Male 153
Link: College Conspiracy: Is College A Big Fat Scam? [Rate Link] - Is college the largest scam in U.S. history? What do you think I-A-B? Lenghty, but worth a look if you`re a student.
0
Reply