Tag Archives: student loan scam

Trump is expanding the student loan scam?

Trump is expanding the student loan scam?

Ctrl-Left hate site Huffington Post has a massive article on a trend of for-profits associating themselves as non-profits. While this has been going on long before Trump, they’ll blame it on him all the same. I’ve seen it before, but this time they kind of have a point: The person in charge of higher education […] … learn more→

Student loans warping society, Part 2

Student loans warping society, Part 2

So I’ve been wandering through a Buzzfeed article of all things, which talks about the student loans. We’ve established that 15-20% of the population has these loans, that they’re inescapable, that default rates are steadily rising and, bottom line, these victims won’t be able to pay them off. The important detail here is the 15-20%, […] … learn more→

Jon Stossel on the College scam

Jon Stossel on the College scam

Jon Stossel is one of the last few remaining investigative reporters, and used to be on television quite often, 20 years ago. His big career-killing problem was he tends to investigate government waste and corruption. It’s painfully obvious today that much (all?) of our mainstream media is just another department of our government, or at […] … learn more→

The predatory MFA

The predatory MFA

“I’m going to be an engineer! I get free tuition for taking the classes!” –So many female students walk on campus saying something like this. I have no problem with scholarship, but there’s a trap here many “female engineering students” fall into… Every year, students come to campus, and many are clever enough to understand: […] … learn more→

Pedophiles, tobacco execs, administration

Pedophiles, tobacco execs, administration

With classes starting up, I feel the need to try to warn those most vulnerable to predatory higher education. Please, gentle reader, if you or someone you know is the first in the family to go to college, read this carefully and pass it on to other potential victims. Talking Head: “The pedophile drove an […] … learn more→

Government to claw back College scammers…almost.

For years, scammy “for profit” schools have been making a killing destroying our young people as they go to college. The plan is simple: first, open up a decent looking school. Second, exploit bogus accreditation to qualify to get tuition loans for students. Third, open up enrollment (especially online) and annihilate standards so the school […] … learn more→

The outrageous reality of University

Most people think education is the great equalizer, that in a society where everyone is equally educated to the highest levels, everything will be perfectly equal in all other ways. It’s a silly utopian dream, and a recent article highlights the reality of higher education today, although it misses quite a few things. The number […] … learn more→

Libertarianism fails in for-profit education?

Last time around I discussed how a degree from a for-profit institution is worthless, and how getting a degree from such a place is usually a big mistake. And someone asked me a question: “If you’re Libertarian, you believe that capital, for-profit, enterprises are always better than government enterprise. So how can you call for-profit […] … learn more→