Jump to content

Just had to share this video...College Conspiracy

News   (5,235 Views 32 Comments)
by freesia29 freesia29, LPN (Member)

freesia29 has 5 years experience as a LPN and specializes in Urgent Care.

7,745 Visitors; 258 Posts

advertisement

You are reading page 2 of Just had to share this video...College Conspiracy. If you want to start from the beginning Go to First Page.

8,987 Visitors; 980 Posts

This video is just flat out fear mongering. The gold and silver market took a dive also.

Well that is why they made the video so that people would buy gold/silver and inflate the prices of those so that people that own those will have more value :)

Share this post


Link to post
Share on other sites

Orange Tree specializes in Medical Surgical Orthopedic.

13,466 Visitors; 728 Posts

Wow....I watched a few minutes of the video here, and a few minutes there, and I'm amazed that anyone takes it seriously. The first things I wondered were, "WHO are they?" and "What are they SELLING?" Looks like they're selling stocks, but I'm still not sure WHO they are. With all the questions and "answers" they provide, you'd think that would have been addressed.

Share this post


Link to post
Share on other sites

TheCommuter has 10 years experience as a BSN, RN and specializes in Case mgmt., rehab, (CRRN), LTC & psych.

1 Follower; 228 Articles; 316,205 Visitors; 27,607 Posts

Wow....I watched a few minutes of the video here, and a few minutes there, and I'm amazed that anyone takes it seriously. The first things I wondered were, "WHO are they?" and "What are they SELLING?" Looks like they're selling stocks, but I'm still not sure WHO they are. With all the questions and "answers" they provide, you'd think that would have been addressed.
I watched the entire 62 minutes of the video. The organization is not selling anything, and they are presenting multiple valid points regarding the college bubble.

The organization does have an agenda, but so does every group.

Share this post


Link to post
Share on other sites

3 Followers; 34,006 Visitors; 4,224 Posts

I agree with the points the video makes. Certainly what it says about our US dollar and the terrifying state of our money system is true. I have believed this for a long time. We have to get rid of the private corporation known as the Federal Reserve and get rid of its FRN's (fed reserve notes, aka dollars).

Schools are in business to make money, they have to have a profit in order to stay open. Who is (are) the natural "prey" (customers) of colleges? Students and their parents and/or the lenders who make their student loans.

I think it is necessary for certain people to have degrees. Certain lines of work require a certain body of knowledge. Like Nursing! :idea: Like Medicine, Law, Accounting, Engineering, Education, probably others that I can't think of just now.

A lot of other lines of work are best learned at a Technical School or on the job. College (4 year degree or higher) is not necessary for HVAC, plumbing, construction, landscaping, etc.

College is largely about learning time management, social skills, how to use a library and a computer. It is where people make possibly lifelong friends and meet their spouses, where they learn teamwork, where they gain their "family away from home" and learn to cut the cord somewhat. Then they learn how to build a good resume and find work, hopefully; how to interview, what to wear, all this sort of thing.

Too bad we can't all be star athletes and their coaches, celebrities, royals, landed gentry, and other nobles. Some of us need college.

Do consider buying some precious metals, as suggested.

Share this post


Link to post
Share on other sites

648 Visitors; 4 Posts

I agree with Salutations... people need to learn to use their money wisely. I am attending a community college to earn an AA as an RN, my total cost will turn out to be around $4,000-$5,000. I'm anticipating having a struggle finding a job in competition with those who will be entering the field with a BSN, but I WILL find a job. I haven't taken out any loans for school or cost of living. I just had to be very patient and plan very carefully. I almost got sucked into taking out a loan for $27,000 to get my education out of the way quickly, but decided to wait instead. I'm so glad that I did. I feel that I learned more in my first few years of college than all of my years of grade school. I do not think kids should be discouraged from going to college altogether. I took many courses in college that helped me prepare for the "real world" and taught me how to think, not just what to think. The thought of kids entering the work force right out of high school with no college education...shocking and dreadful. It doesn't have to be impossibly expensive. Kids just need to think through their decisions very thoroughly and not jump into anything without consulting friends, family and trusted professionals for advice. Great topic though.

Share this post


Link to post
Share on other sites

8,987 Visitors; 980 Posts

Well I don't think all education loans are bad, $300k in loans? That is excessive. I took out $12k for undergrad and paid that back within a few years. My husband took out $20k or so to go to law school. Again, we paid that off within a few years. I am unsure if I will take a loan out for nursing school. I have a pretty decent savings for it right now.

Share this post


Link to post
Share on other sites

1,200 Visitors; 24 Posts

Some people get so hung up on the prestige of the school but in the end it doesnt matter. As long as you are licensed it does not really matter what school you graduated from. So that is why I am staying away from private colleges and not considering paying out of state tuition. Yeah it will be more competitive to get into the cheaper state schools so I will have to really get my grades up

Share this post


Link to post
Share on other sites

4,652 Visitors; 378 Posts

By the time people wise up to all the schemes, it's usually too late..like the dot.com bust, the housing bubble and soon the student loan bubble. I believe the film makes a lot of valid points and I do not think it is fear mongering at all, I think it is helping people to be aware. For those that do take out loans, we do not know their situations, which may be totally different than ours. For them to get a college education, they have to do what they have to do. I also do believe that college is not for everyone, I have seen that for myself. I think you do need to be conscious of the loan amount and be sure that you are choosing a career that will enable you to pay that money back. There is a reason why the top 1% owns all the wealth in America because all this stuff, they already know and they make sure all their ducks are in a row so when the bubble bursts...they have already took their billions and ran.

Share this post


Link to post
Share on other sites

8,987 Visitors; 980 Posts

By the time people wise up to all the schemes, it's usually too late..like the dot.com bust, the housing bubble and soon the student loan bubble. I believe the film makes a lot of valid points and I do not think it is fear mongering at all, I think it is helping people to be aware. For those that do take out loans, we do not know their situations, which may be totally different than ours. For them to get a college education, they have to do what they have to do. I also do believe that college is not for everyone, I have seen that for myself. I think you do need to be conscious of the loan amount and be sure that you are choosing a career that will enable you to pay that money back. There is a reason why the top 1% owns all the wealth in America because all this stuff, they already know and they make sure all their ducks are in a row so when the bubble bursts...they have already took their billions and ran.

I lived in dot com central when the dot com bust happened. You could see it a mile away that it was going to happen. I was graduating at the time when dot coms were massively hiring, many of my classmates went for jobs paying $15k-$20k more than the job I went with in a long established company. A couple years later, they were struggling to find work. With the real estate bubble, the same could be said as we wanted to buy a home at the time but you could tell it was going to collapse and the economy would be affected as well. Both my husband and I moved our 401ks out of stocks about a year before the real estate collapse because we knew the economy was going to take a dive.

What I'd like to believe is that there is a bubble in terms of tons of for-profit schools popping up trying to take advantage of people although yes educational costs have gone up in general. The thing is most people that are overpaying their college educations are taking out private loans which seem to be purely provided by banks, no government intervention. In order for that bubble to burst, people would need to stop paying their loans (because at that point, the schools already have their money) and the banks would need to stop providing private loans. If that happened then college enrollment rates would drop, for-profit schools would close up and long established schools would have enrollments drop or would need to provide more grants/scholarships to students.

In terms of the need for college, not everyone has to go to college is true. I know many successful people who haven't gone to college. For many, in order to pursue the career they want, they need to go to college. For many companies, a college degree is standard. I work at such a company.

I think those that want to go to college just have to look at their options realistically. If they max out federal loans and then have to take private loans and all of a sudden have $200-$300k in debt, then they should look for cheaper options for going to school because they do exist. On the other hand, taking out some student loans to pursue your degree isn't the worst thing in the world and many people have taken out loans and paid them back without issue.

Share this post


Link to post
Share on other sites

17,982 Visitors; 1,351 Posts

I watched the entire video as well and found most of it to be true from what I have seen. At my community college there a ton of people who are starting off yet again at ground zero with Bachelor degrees in hand. Some do it because they changed their minds, but many people tell another story of how work in their field dried up.

Everything is specialized and so are the degrees to attain certain jobs. If one degree doesnt work out, you right back to another lengthy process in order to fulfill another job description. It is a racket, but what can you do?

It is so true that you need a degree, certificate, etc to get any job above minimum wage these days. I know people who have been demoted after years because the company started requiring degree for their job or who after being in industry and losing their job , cant get another one now because the game has changed.

Im still going to finish my LPN and then mabye move on to my RN, but I am doing it at community college and hopefully will not have too high of debt.

If nursing jobs dry up then I will most certainly be in big trouble at my age. I should be saving for retirement right now, not paying off student loans. I see way too many students over 40 on my campus, that alone is evidence our country is in big trouble.

Share this post


Link to post
Share on other sites

8,987 Visitors; 980 Posts

I see way too many students over 40 on my campus, that alone is evidence our country is in big trouble.

One thing I'd say about this is it isn't unusual and probably hasn't been for many, many years. My mom got her AA in her 40s although she did it because work paid for it and she didn't change jobs as a result. I've known lots of people who leave the military in their late 30s or later and then use their benefits to get degrees. My father-in-law used to be a college professor and even he takes classes 'for fun' at community colleges. I'm in my mid 30s taking pre-reqs for nursing programs but I have a stable job. Even though I have a previous BS/MS, I don't think of those as wastes but they were learning experiences and helped me get where I'm at now.

I've talked to quite a few career changers in my classes and some of them have degrees, most don't. Many want to do something specifically that requires a specific degree. If someone is in there 40s and going to college, then I say rock on.

Share this post


Link to post
Share on other sites

14,797 Visitors; 690 Posts

Newsflash to the NIA: Most online colleges are a joke. People CAN and DO cheat their way through an MBA. There is no accountability in an online class outside of an honor system.

Share this post


Link to post
Share on other sites
  • Recently Browsing 0 members

    No registered users viewing this page.

×