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Grad School Scam

The biggest financial scam in history is revealed.

submitted by: fancylad
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Grad School Scam. The biggest financial scam in history is revealed.
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Hits: 7461 | Favorites: 1 | Emailed: 0 | Rating: 3.2 | Category: Misc. | Date: 09/26/2012
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Male, 60-69, Midwest US
 15059 Posts
Wednesday, September 26, 2012 11:05:03 PM
The REAL problem is that the government has taken over the student loan business.

"So, you want to borrow $200,000 to get a degree in Mid-20th Century Pissed-off Feminist Literature? No problem! Just sign here...and here..."

The fact is, no banker in his right mind would approve that loan, and for good reason. You can still get a good education in America, but it's buyer (actually, borrower) beware. Otherwise, you will spend the next 20 years paying for a worthless piece of paper.

Male, 18-29, Midwest US
 1709 Posts
Wednesday, September 26, 2012 8:57:23 PM
People think of schooling as something it is not. It's not a guarantee of wealth or even work. The best thing you can get from it is how to think, investigate, converse, etc. about a specific subject.

The desire/will to work is entirely unrelated to school. If you have that, you will always have work. If you don`t have that, you will always struggle. There is one simple rule for this: Always give your employer more usefulness than the dollars you are getting. If he can spend less to get the usefulness you provide elsewhere, then you`re not worth it to them. Sadly, most people think they`re entitled to work and should get paid for sitting on their asses and doing little or nothing.

Male, 30-39, Canada
 5 Posts
Wednesday, September 26, 2012 2:59:34 PM
You'll never get a good job with a PHD, these days it`s all about the post-doc.... not even kidding

Male, 18-29, Southern US
 2994 Posts
Wednesday, September 26, 2012 2:58:58 PM
haha, seems to be more true than not these days

Male, 60-69, Midwest US
 15059 Posts
Wednesday, September 26, 2012 1:08:35 PM
To whom is this a "revelation?"

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