Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The student loan scam creating "marks"
05-11-2017, 04:21 AM (This post was last modified: 05-11-2017 04:25 AM by Mike G.)
Post: #1
The student loan scam creating "marks"
http://www.oftwominds.com/blogmay17/high...t5-17.html

Student loan lenders are skimming tens of billions in profits guaranteed by the taxpayers.

"Legal" rackets have two essential components: a public-relations "cover" that obscures the racket and the mechanism that extracts the wealth from the "marks." The Higher Education Racket qualifies on both counts:
Find all posts by this user
Quote this message in a reply
05-11-2017, 05:51 AM
Post: #2
RE: The student loan scam creating "marks"
Has anyone noticed just how much the cost of a college education has become inflated with the appearance of this scam?

It has had the same effect on college costs that insurance has had on healthcare costs. When there are "third party payers" there is NO "supply and demand" and costs rise rapidly!

WC
Find all posts by this user
Quote this message in a reply
05-11-2017, 06:59 AM
Post: #3
RE: The student loan scam creating "marks"
And another hidden gem is the interest on these school loans helps pay for Obamacare. So make sure everyone gets a loan, goes to college and graduate with a useless degree. Need more students create another degree.
Find all posts by this user
Quote this message in a reply
05-12-2017, 07:12 AM
Post: #4
RE: The student loan scam creating "marks"
https://schiffgold.com/videos/jp-sears-s...ans-video/

College isn’t for most people. It’s for all people. If you don’t get a degree, then you’re declaring you want to be homeless, unhappy, and a failure for the rest of your life. Having a college degree has now been the standard for so long that everyone in the workforce has one. So, you having one makes you just like everyone else, and at the same time, somehow, your degree sets you apart from everyone else. And if you don’t see the brilliance in how this helps you then you’re not very intelligent.”
Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | My Site | Return to Top | Return to Content | Lite (Archive) Mode | RSS Syndication