Goldman Sacks "education" scam

Quote from KINGOFSHORTS:

All taxpayer money funding should end, government guarantees should end and college debt should be dischargeable just like any other debt.

That will end this whole mess real quick.
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I agree. To add, I don't think there should be such a thing as loans for college. College should be paid with cash, paid either annually, semi-annually, or monthly. That would cause tuitions to come down and more people would go to college, and in the end, it would benefit the entire country with more bright minds out there.
 
Quote from res judicata:

those institutions are a joke when people are competing for jobs with other people who have degrees from real schools.

How those schools got approved for loan programs would be a question... but I suspect barney frank and chris dodd are the answers.
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What make u think that people from real schools get jobs? Colleges will keep raising fees when huge loans are available. Perhaps limited the amount of loans a student may borrow would reduce this kind of abuse.
 
Quote from ptrjon:

the media is really spinning this one, by talking about these institutions' policies, and the stories of people who couldn't find jobs.

But this is really unfair to the people that paid for educations and are now working or job seeking. I wouldn't like it if the government questioned the validity of the college I graduated from, and that's exactly what's happening.

I can't forsee the government pulling back on further education credits and lending though, it's too important to the people.
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no because they are too big of a money making scam

any country that wants to advance beyond the global level has to upgrade its outdated systems, like its educational system, the 12+4 years just for a bachelor's degree is bullshit
 
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