They Said Go To College: “It Seems Something Went Wrong on the Road To Riches”

This article was originally published by James Quinn at The Burning Platform. When I graduated from college in 1986 it was easy to get a job. The economy was booming and 82% of college graduates had a job. The other 18% were probably raising kids because their college educated spouse made enough to raise a family. The mantra for my entire life has been – go to college and you’ll get a good paying job. It seems something went wrong on the road to riches. The percentage of college graduates with jobs has been falling for the last 30 years and has been plummeting since 2008. It is now at an all-time low of 74.3%. Shouldn’t these people have obtained jobs since the government tells us the unemployment rate has dramatically dropped from 10% to 5.5% since 2009? Not only is college graduate labor participation at record lows, but […] Read More

Students Revolt Against Debt. Finally.

We Are Change “Much of higher education is a fraud, and much of the reason higher education is such a huge fraud is the structure of the student loan scam. It’s a three step process. First, students take out loans for educations, not knowing the educations are bogus. Next, the students spend years in bogus schools, getting “educated”. Finally, the students leave the schools… only once they’re many thousands of dollars in debt do they know how they’ve been scammed, and they’re in no position to do anything about it. Meanwhile, the schools, and the people running those schools, both for-profit and state, rake in a fortune in student loan money. In a rare, rare, break, the Federal government is shutting down a bogus for-profit school: Corinthian, and all the fake schools that were surreptitiously operated by Corinthian, but by a different name (any legitimate businesses feel the need […] Read More