The Big Scam: Higher Education, Student Debt, No Jobs
By: Dan Lyman | Western Free Press
Here’s the Big Scam, in a linear nutshell:
Federal government takes over student loan program (2010) –> Schools jack their tuition through the roof because they’re federally guaranteed –> Kids and parents still buy the ‘You have to go to college to get a good job’ lie –> Kids leave school $100K+ in debt, knowing more about the LGBT agenda and global warming and less about literacy, proper history, or useful skills/subjects (see: ‘Communications’ or ‘Women’s Studies’ degrees) –> Most of the jobs have been exported or sucked up by illegals or H1B visa imports –> No job, mountain of debt, dying hopes –>“Socialism will save us!”
A little while back, I published a piece at Rebooting Liberty detailing how I believe the socialist cabal in the United States are working towards fully nationalizing the higher education system. It becomes more and more apparent as time passes. Obama started the ball rolling, and he’ll either continue to advance it himself, or try to pass it off to another statist destroyer like Hillary or Bernie. The most common answer I have seen given by millennials asked why they ‘Feel the Bern?’ “Free college.”
When Obama federalized the student loan program in 2010 to help fund Obamacare, he was only just beginning to awaken the monster. Colleges realized they now had a virtually ‘limitless’ pool of cash from which to suck, so they’ve been increasing their tuitions at a dizzying rate that far outpaces inflation. Meanwhile, median family income continues to slide backwards, enrollment in higher education is dropping, and recent college graduates are unemployed or underemployed atstaggering rates. This is a recipe for disaster.