Student loan bubble

N

nutmeg

Although rather long, this vid got my attention right away.

One woman interviewed defaulted on one of her college loans to be a dentist, Guess what, she is not allowed to treat medicare or medicaid patients or anyone with a Federal health care plan.

Why are college coaches paid millions of dollars a year.

College advertises 90% placement/ employment rate for lawyers after graduation, they don't tell you that number includes lawyers who are working in retail.

Looks like we have a student loan bubble and suggest we may see a forgiveness of student loans, compliments of the taxpayer.

Oh yea, how did student loans end up in the health care bill.





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Government expansion on student loan credit made way for increase in university fees.

My wife and I both owe about 200K. Well. I hope we can pay for it.

I still think it is far more expensive not to get a college education.
 
That video is a nice summation of what is going on, I think everyone has good intentions to repay but will get very very discouraged with poor job prospects.

The powers that be create a resistance to on line education but Imo, that will be the low cost future.

The vid said India graduated 500k engineers to our 150k via online a degree.
 
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