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Grad School Scam

Hits: 7457 | Rating: (3.2) | Category: Misc. | Added by: fancylad
Jump to: Bottom    Last Post
OldOllie
Male, 60-69, Midwest US
 14515 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.

paperduck
Male, 18-29, Midwest US
 1706 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.

KipKasper
Male, 30-39, Canada
 5 Posts
Wednesday, September 26, 2012 2:59:35 PM
You'll never get a good job with a PHD, these days it's all about the post-doc.... not even kidding

CoyoteKing
Male, 18-29, Southern US
 2994 Posts
Wednesday, September 26, 2012 2:58:59 PM
haha, seems to be more true than not these days

OldOllie
Male, 60-69, Midwest US
 14515 Posts
Wednesday, September 26, 2012 1:08:36 PM
To whom is this a "revelation?"

Andrew155
Male, 18-29, Eastern US
 2564 Posts
Wednesday, September 26, 2012 12:54:26 PM
Pretty much true. Make no mistake, higher education is a bubble. Incomes are falling, tuition is rising, there has to be a rip soon. And it's coming sooner rather than later.


Even with my Master's from Columbia, not everyone with my degree was able to get a job.

hauswyfe
Female, 30-39, Southern US
 275 Posts
Wednesday, September 26, 2012 12:43:57 PM
Very funny!

DingDingDong
Male, 30-39, Western US
 1504 Posts
Wednesday, September 26, 2012 11:28:49 AM
lol @ suckers going to college.

chalket
Male, 50-59, Southern US
 2481 Posts
Wednesday, September 26, 2012 8:21:02 AM
kinda almost too true to be funny...

patchgrabber
Male, 30-39, Canada
 5718 Posts
Wednesday, September 26, 2012 7:12:18 AM
LOL! "Alumni Association" won't stop sending me their "propaganda pamphlets" either!

fancylad
Male, 30-39, Western US
 2523 Posts
Wednesday, September 26, 2012 7:02:24 AM
Link: Grad School Scam [Rate Link] - The biggest financial scam in history is revealed.


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