The #1 topic for all college kids today is student debts. It is now over a trillion dollars overall and one cannot escape it via bankruptcy. It is for life and the plot is, when these poor kids become elderly adults and haven’t paid it off, it comes out of their Social Security money leaving them to die in the streets, starving to death, when they reach retirement age if they don’t manage somehow to pay it off earlier. Children from poor families are very much more vulnerable to this future whereas richer families can pay off student debt for their own children. The worst part is, much of this school activity produces little economic gain for students when they leave school.
The above video is frightening in several ways. The black female works for the college. She assaults a white student not because his hair is a rat’s nest and shows he is probably going insane. No, she is angry that he is ‘expropriating’ her ‘culture’ which is to have men wear their hair in a very filthy way, as a sign that they are addicted to drugs. I remember vividly when that ‘hair style’ first showed up in the freak community in California in the early 1970’s.
The man with this hair was disgustingly dirty and he would let these knots of hair fall our and then drop it on women making them scream in terror. Anyways, it is everywhere now like many disgusting activities our young people indulge in to make people queazy. Gets attention. The bad thing about this event caught on video is how an official was demanding that white students not ape black students and she put her hands on a kid to compel him to do as she ordered.
Staff on many campuses today are assisting students in ‘protesting’ stupid things. For example, black students are encouraged to do the ‘Black Lives Matter’ stuff but if a white student does the same, they are punished whereas the black ones are praised. This bizarre business is due to mostly ‘liberal’ people working for schools and why is that?
Well, conservatives see how the staff of schools outside of the very top administrators, live miserable lives! Mostly adjuncts now teach and they are kept in strict poverty so mainly women supported by men at home are able to endure the low pay, bad work conditions. Instead of protesting this, they focus mainly on worry about ‘We are going to roast to death and the sky is falling!’ and other non-important issues.
A number of small liberal arts colleges are facing financial difficulties after the Great Recession. Many of the schools share certain traits like minimal endowments, high tuition and locations in suburban or rural areas.
The Wall Street rating agency Moody’s predicts the number of four-year, nonprofit colleges closing annually will triple in the next few years. Moody’s also predicts mergers will more than double. Between 2004 and 2014, the nation averaged about five closings and two to three mergers per year, the agency said.
An analysis of hundreds of colleges and universities released in 2014 by found that 43 per cent were on an ‘unsustainable financial path’.
Word is getting out, somehow, that piling on student debt doesn’t lead to a life of luxury except in various difficult, key sciences. I feel really sorry for the army of ernest young people who are now taking ‘climate science’ classes hoping to hop on the global warming fetish train as our climate goes into its 30 year cold cycle.
Then there is ‘women’s studies’ which is a favorite for many young ladies. Way way back in the Stoned Age (ahem!) I was busy suing schools for equal rights. I did this entirely on my own self with no organization aside from ACLU lawyers who volunteered to represent a girl in high school. I went on to organize for women’s rights and gave speeches on this topic and so forth.
I didn’t learn this in school, I learned this via LIFE EXPERIENCE. The women’s rights movement then veered off into stupid things and other women who came in my wake and were not active when I was first active, kicked me to the curb and denounced me for making speeches on behalf of men’s need for changes that benefit them.
Today, we see the results. For example, in the black community, marriage has nearly totally collapsed and today, more black males are married to white women than black women who nearly totally, are having children out of wedlock and raising them alone with disastrous results. Liberals are making this worse and worse. Every one of the ‘black lives’ which seemingly ‘mattered’ that the black community was yelling about, were dangerous young males killed by cops after being raised by single mothers who didn’t have much relations with any of the fathers of any of their children.
On college campuses, no one dares talk about all this! On the contrary, schools are places where our children, far from maturing, are becoming more and more childish. This began with my own generation, by the way. I was very fortunate. I was heading towards a future as a professor like my father, mother, grandfather and grandmother when the universities across the nation eliminated German language departments including my own program.
Instead of continuing school, I quit and joined the reality forces and made money doing totally different things, namely, building houses. I had zero student debt due to using scholarships and working at night to pay for my living expenses. But today, kids leave school with the equivalent debt of a new house on their shoulders and it crushes them. They can’t go on to buy a house, for example!
I bought a brownstone in NYC less than three years after leaving school, penniless and with no degree and no work if I had a degree, anyhow. I didn’t start my family with a load of debt. Indeed, after buying my house, I then sold it for a fantastic profit! All before I was age 30.
This scary future whereby 50% of more of our college age kids end up living in the gutter when they are 65 is a frequent topic at this very good website run by a professor who has to keep his name secret to survive for he would be fired, not feted, if found out: Confessions of a College Professor: Student Loans Draining Social Security
“…Between 2002 and 2013, the number of senior citizens losing out on a portion of their Social Security to pay back education debt soared 500% from 6,000 to 36,000..”
Sure, 500% growth still just means 36,000 victims, but realize the student loan scam has been running for only a few decades, it really just started to become a major scam in the last 30 years. It will get much, much, worse than a measly 500% percent growth, once those former students reach that magical age of 65:
“…More than 3 million Americans ages 50 to 64 are in default on their student loans, putting them at risk of having their benefits garnished when they claim Social Security, if they don’t find a way to become current on their debt…”
Seriously, do the math. If a 50 year old is defaulting, he’s probably not going to be able to pay back that money, ever. 50 years old, + 15 years, is the magic age of 65. So, in 15 years, we’ll go from 36,000 victims to 3,000,000 victims. That’s a 20,000% increase if these people don’t die first. Yikes. Am I really the only one able to connect the dots here? We’ll be ridiculously lucky if the problem of vanishing social security checks sticks to “only” 500% growth.
And here are some scary headline from the last two years illustrating how this whole Ponzi scheme is now beginning to collapse:
Nov 28, 2015 … Today, two to three schools annually are forced by economic necessity to merge with another school or schools. Moody’s predicts that this …
Apr 14, 2013 … STUDENTS piling on debt to go to college might attract all the attention, … InJanuary, Moody’s Investors Service put a negative outlook on the …
Apr 14, 2014 … Moody’s, which rates more than 500 public and private nonprofit colleges anduniversities, downgraded an average of 28 institutions annually …
Mar 10, 2014 … Moody’s downgrades Dowling College, NY to Ca; outlook negative … debtrestructuring, debt acceleration, payment default or bankruptcy filing.
May 12, 2015 … Last November Moody’s characterized the college’s outlook as negative andreduced its rating to one …. Look for a bankruptcy before 2020.
The fake University of Phoenix has seen enrollment drop 50% in the last three years. Its stocks have also collapsed so it bounces this month between $5 to $7 dollars a share, down from over $50. It will probably declare bankruptcy by next year. It was a fraud from day one. But was allowed to flourish for a while due to the fact that ALL our schools practice this fraud, lying to students about degree values.
As schools squeeze staff by increasing student loads they must carry, reduce wages of staff teaching students, increase costs of students, providing zero guidance about a student’s future prospects, etc. we will see a gigantic social disaster leading to the entire collapse of our society in the future especially since colleges are encouraging kids to do very stupid, ugly, useless things that make them even more unemployable than they would be on their own! Amazing, isn’t it?
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