College Conspiracy
College Conspiracy debunks many myths, including the belief that Americans with college degrees earn $1 million more in lifetime income compared to high school graduates without a college degree.
The most important basic fact that most Americans don't understand about 4-year colleges is that most Americans spend 6 years attending them before graduating. With U.S. tuition inflation for private colleges averaging 5.15% over the past half a decade, assuming this same rate of tuition inflation continues, a college with tuition of $30,000 today will have tuition of $38,563 in the sixth year a student attends it.
In College Conspiracy, NIA analyzes the total cost to attend college by factoring in not just rapidly rising tuition expenses, but also the interest payments on student loans, and the lost income that college students would have earned if they worked at an average entry-level job that doesn't require a college degree.
NIA's investigation has determined that the organizations that helped create and promote the $1 million in additional income myth, included General Equivalency Diploma (GED) recipients as being high school graduates.
The truth is, GED recipients are not real high school graduates and they are being used to unfairly skew down the average income of high school graduates without a college degree.
This has the effect of artificially inflating the amount of additional lifetime income that college graduates earn over high school graduates. College Conspiracy shows the real numbers that never get discussed in the mainstream media.
The college-industrial complex has created not only myths, but outright hoaxes, in order to scam American students into becoming indentured servants for life. Three years ago when 15 new pharmacist schools were about to open in the U.S., the college cartel bribed economists to come out with phony research reports showing that the U.S. was experiencing a huge shortage of pharmacists.
Neither myself or my sons have any degrees. However, we are all very well situated financially. I've got precious metals, my eldest son has a self sufficient farm and both think for themselves to provide for their families. Get out of debt.
I'm really eager to see how all these Gender Studies, Ethnic Civilization, Feminist Theory, and Queer Musicology do in the job market... because A.) we WILL NOT hire snowflakes with so-called education like this, but we will charge the hell out of them for an AC call. (In the desert, you know)
The American dream.....LOL!!!...yeah, you can be murdered by a cop, die on the street homeless, not afford basic drugs, be black or a POC or Indigenous. This dream exist only for whites with privilege.
He missed the biggest point, if it costs you $460k for the education, you lose the $4M that would become if invested during the next 40 years. The promise of $1M some day is such crap compared to what they want you to put in. Only value of college is for inner city folks who need to go and live with wealthy white kids to know what's possible and what's real. They need to see be involved in the weekend helicopter trips home and to Vail every year. That will awaken their inner desires. Aside from that college is worthless. It's a lot of beer and ghb and taking young girls upstairs half asleep like Bill Cosby and then bragging the next day in the Frat house.
If you didnt go to college or went there with the intention to not learn then you shouldnt talk about college being pointless as you simply dont understand the benefits it provides for someone actually interested in learning. As far as tuition, no one is making you go to private schools, im attending a university in the top 1% of universitys in the world and pay less then 10k with no funding or scholarship
Unless our daughter is accepted to a top university in the US, she will go to college in Europe - were we live and plan to stay. Colleges here at excellent and much, much more affordable than in the US!
Good documentary, up until the last 10 minutes. Mike Rowe and other media stars have realized that the growth careers are in manufacturing, plumbing, electrician, HVAC and other blue collar jobs. This documentary focuses on the problems of being too narrowly focused on one career path. In the 'real world,' we need a a few collegiate types, but we need more people that keep things running. Those guys are getting old and need to find apprentices.
The documentary has a "dooms day tone" that I believe to be extreme on the matter of inflation. However, I agree that a cost of an education is increasing above the rate of inflation ( based on the major tuition increases at public schools in my state over the past 10 years). This requires every US citizen to ask themselves is the value of this major investment truly worth it? How do we as a society make a college education more affordable and as result a more sound investment for those who will attend college in the coming years?
I have long thought that the 1% club has wanted to return to a system of indentured servitude...This crapumentory makes me wonder no more. Just like in slavery, you can't retain slaves if they are educated! When the "YES MEN" documentary came out, they had commented on just this scenario- This documentary only proves that they knew what they were talking about! What an evil endeavor...setting people up for a life of poverty. I am a Business Relations Specialist, and talk on a daily basis with employers to see what they need now and in the future. I KNOW FOR A FACT that most jobs that allow someone to support themselves REQUIRE that the individual has a Degree of some kind even to be considered for hire. Even in manufacturing, everything that can be done by machines and computers will be. Physical labor that once paid well in the past, now provide flat, or declining wages, and the Service Industry barely pays minimum wage. Because I also provide employment re-training as part of what I do, it is only the individuals with specialized and advanced training and education that are being hired for jobs that allow them to support their families.
Where is the research, the website for this video, anything that can substantiate this? Are you really expecting me to just buy into this? Remember the zeitgeist project or the venus project. What a load of shit!
This documentary doesn't state the problem clearly enough. We have far too many people going to school to earn degrees with absolutely no commercial value. If you're going to go to school, study something that you can get a job after graduation like Engineering, Medicine, Applied Math, etc. If, however, you study degrees such as political science, psychology, social sciences, don't be surprised when you graduate without a hope of a job. What do you expect for the American Economy to do with you when you studied political science for four to six years?
p. s. pretty bs documentary. make education sound like useless thing. the point is that it DOES open larger scope of OPPORTUNITY to get specialized job. good luck having your house planed by guy from high school or your medicine mixed by college drop out. Do they advocate for uneducated society or abolishing tuition fees all together?
You guys need a doze of socialism. Cuba: free education up to Phd,. the most educated country in the world. poor Cuba can afford it but mighty U.S. of A. cannot? some a--holes steel from u big time... enjoy capitalism...
This is the most bull**** propoganda that I've ever seen,this ends up as a commercial fo buying silver and gold. Shame on you.
The system may not be perfect, but education will always be important for our society. I get the feeling that this documentary is trying to persuade people not to go to college, and I feel it's not a good message. Bring down the tuition fee, incorporate more practical material in the curriculum, don't abuse loans, etc... but GO TO COLLEGE!
NIA is a pump and dump operation. They make videos like this pretending to be hard currency advocates. Then they get you to sign up for emails. They buy junk stocks and then advocate that you buy them along with hundreds of thousands of others. They then dump their stock and the price plummets, leaving their followers to hold the bag. Peter Schiff has advocated against them for a long time and reported them to the SEC but no action has been taken. DO NOT BUY ANY STOCKS THE NIA ADVOCATE! IT IS A SCAM!
Education is not all about making money. I don't think it should be.
If these college kids were intelligent and were like the college
students in the 60's, they would literaly shut down in protest
every single college and university in the entire country and
force the government to write off the entire debt...
Ask yourself what kind of a country doesn't invest in it's human
capital, a real BULLSHIT one indeed...
I made the wisest choice when I graduated High School in '76,
I drove taxi and made more money than any college graduate
and accrued the equivelent of numerous fields of academia...
I did attend a communinty college for 2 years at middle age
but they barely scratched the surface of the true reality, they
never teach you that The Federal Reserve bank is no more
part of our goverment than Federal Express is...
And i'm now 15k in debt, and to think they could garnish my Social Security and SSi someday since there are no jobs,
no opportunity and thanks to laws, regulations and fee's
and poor business, driving a taxi again is no longer a viable
dependable occupation...
And these college grads can barely communicate and
articulate a sentence when you try talk to them about
most everything...more proof that a college degree in
a BIG waste of time and money...
These kids need to use their brains to figure out ways to
survive and thrive what will happen someday when our financial
sysyems house of cards fall...
This information is valid and the documentation is real. Unlike the propaganda that is regularly circulating to control our minds and mislead us to think that getting a college education will being a great investment. I know because I fell into to the trap of believing if I were better educated I would get a better job and live a better life. Instead, I have the two of the highest degrees in my field, after countless applications, no interviews, jobs or anyway to pay the cost of my education . It is disceptive mind control, a type of occult, brainwashing us with lies and false hopes. Optimism is being replaced by pessimism with debt that exceeds the promises of wealth.
This could have been a useful doc, but the exaggerations and the silly prognostications, among other things, give it minimal credibility. The filmmaker knows next to nothing about the financial system and its monopoly of the student loan industry -- including its buying of the politicians who passed the bankruptcy law stipulating that neither student loans nor credit card debt are forgiven.
The only unquestionably true statement in the film is that student loan debt is probably the next bubble that's going to burst -- student load debt is now at one trillion dollars.
Fallacy filled. Also, the documentary is presented from the point of view of entrepreneurial, free-market, wealth generators. They hold the same underlaying philosophies (economic liberalism, objectivism etc) whose practical application brought about our financial collapse. Who to believe? Use your own capacity to reason. How do you learn to reason? Pick up a philosophy book. You know, from those worthless philosophy courses that you took in University.
This documentary is just horribly made; just all around bad. I resent some of the underlying messages. My college degree is not a "worthless piece of paper". This documentary does not educate or inform, it does not offer alternatives or solutions. It simply relentlessly bashes higher education.
okay, soo online learning is great for a lot of reasons.... but that doesn't exactly solve the problem that college degrees and such are "worthless". no matter how you get that little piece of paper- in a classroom, or online- that doesn't change the ultimate problem. theres still gonna be a ton of people getting degrees in all the same areas (law, doctors, etc.) and no jobs? and u if u really wanna take this even farther, we cant live in this money based, consumerism society forever anyways. humankind is going to have to change the way they live dramatically. the school system will ultimately end no matter what.
The entire time I watched this film I kept asking myself "So what's the alternative?". They bash higher education relentlessly, but only offer investing in silver or learning to farm as secondary options? I agree with the bulk of the film's message, and think it's important for people to consider before blindly going to college because "that's what you're supposed to do", but let's be honest - most people are far better off taking a chunk of debt onto their shoulders to work jobs they ENJOY and paying it off over time. Some people enjoy jobs that require NO education outside of a trade skill. Some people are content to work retail for life. The way the system is structured, if you want to be a doctor, lawyer, or engineer - there is simply no way around an education. Sure, there's free open course ware online. Good luck getting to pass the bar or MCATs by telling the exam proctors you've completed the courses online, though.
SO what am I suppose to do with this BSN in nursing??? Knowing that Beyonce (a millionaire) is now getting her G.E.D.....I'm so sad about all the time I wasted in school.