Student loans = indentured servitude = they got where they want you FOR LIFE. Student loans are the ONLY non-bankrupt-able debt besides taxes. There's a reason for that and it isn't in our favor.
@Lee Turner Just look up "are student loans able to be bankrupted?". You will see that you have to prove undue hardship (which is very, very difficult to successfully do, especially with the "payment plans" that are now offered) or be totally disabled.
@@ajlehnert3693 No, because they want people to owe for life, period. People who bankrupt credit cards can't return things like all of the dinners they ate out or the vacations they took, but they can get rid of the debt.
@@pinkpanda5696 correct. They do, however, either pay back the debts in a payment plan of some sort to the point that they pay back close to or all of the debts. In many cases you will lose as close to everything there is to lose. Furniture, houses, cars, and anything else they can squeeze from you. I hate to put this much energy into a RUclips reply, but we can't blame every problem we encounter on "The Man"
@@ajlehnert3693 Yes, but this is debt for education. Literally. EDUCATION. Nobody should have to have $50,000 worth of debt or more (and be trapped in this debt for many years, if not a lifetime) just to be able to get a decent paying (hopefully) job. If you don't see how wrong that is, I can't help you. Also, they can garnish Social Security from the elderly if they owe student loans. Gotta love that.
That's the American Dream Right...Even with a degree they still want you to have 2 years of experience!! That piece of paper symbolizes nothing..That "degree" is debt!!
My parents dont understand why i dont wanna go to college. They think that im throwing my life away. They even said that they'll pay for my education but they dont understand how the payments will rob them dry. That and how ive seen many many ppl tell me how it wasnt worth it to go to college for the years they went is really keeping me away from college
They sound like wonderful parents! I get where you are coming from but make sure you get a degree of some sort! There are affordable things like technical degrees where you spend a set amount to specialize in a field. Or you could study online, lots of free and affordable skills you could learn and start your own business. I wish you the best, you are obviously very intelligent.
You need to stop listening to people and start listening to yourself. Decide what you want to do, figure out the cost of your college. Don't asssume that it's going to "rob them dry" if you don't know all the details and haven't thought of everything. Taking less classes will reduce cost, going to a community college will reduce cost, you have a choice between loans that do and don't generate interest, ect. A reminder that you haven't met everyone in the world. You haven't met every individual who's ever had a college experience. You need to look beyond your bubble, because it's typically the sometimes stagnant environment around us that keeps us back. Is college for you? Can't say, everyone is different and college really isnt' for everyone, but think more about this stuff my dood.
@@titanscar2183 i want to. But really the only thing thats bringing in enough cashfor me to survive is physical labor jobs (home depot). My parents ate upset because they see something in me that im trying to see and im throwing it away in their eyes, they constantly compare me to my other cousins that are in college getting their degrees and im not, and pretty soon, their planning on kicking me out, or making me pay rent. But im still trying as the days go by
I've met several people who saved their money and did their research and didn't go to college until their 30s or even 40s when they had the money saved and it was definitely worth the investment. Obviously they were doing just fine without college. They weren't millionaires. They weren't immune to medical bills bankrupting them. But compared to most people, including most colleges graduates unfortunate enough to have to move back to my home town, they were doing extremely well.
Watch EVERY dollar you spend in college.. Negotiate class prices as much as you can! Consider alternatives... community colleges where classes are cheaper than university.. Evaluate if one elective is cheaper than another etc.. it all matters. Colleges are for profits no matter their label.
As a boomer, who got free education, I feel for younger people these days. I self taught myself the stockmarket which helped me alot - cost ... NOTHING! Should be taught in High Schools .. but public servant teachers are .....
"Student loan payments are like having a house payment. I know, $2000 a month." Exactly why so many are deferring buying a house or electing not to buy at all, and it has serious implications when it comes to building equity and the country's present and future economic stability. This is why ALL individuals - whether you attended college or not - should care about the growing student debt crisis, as it has very far reaching implications. Hunger and homelessness is just the tip of the iceberg.
Grants and financial aid only help the poorest, and the richest people. Anyone in the middle who still struggle get nothing. You have to be disabled in order to get help if you are in the middle.
Emma Cat well it’s true that people who are more of the lower class get the most help with financial aid and grants, but rich people don’t. They can easily pay their way through school without having to worry about finances. Middle class however, is the most unfortunate place to be in these terms.
Not really. If you think a person who’s extremely poor can get loans that cover the average tuition cost, with bad credit, and no possibility of a co-signer, think again.
Yes!!! As a refugee I was in the murky middle. I struggled and 10 years later I am still in debt and had to go back to school AGAIN in hopes to pay off my loans after I graduate. We were told there are no scholarships for refugees. And because I was a still a dependent on my parents, I did not qualify for Pell Grants. I graduated with almost a 100K in debt. Now I after I finish my doctorate I will end up with almost half a million. I have no clue what to do! Thank you for your voice. This is a much needed struggle. We are inflicting harm on the most powerful economic force in the country. All we think about it is how to pay our debt.... This is not a sustainable way to build a robust economy. Education is IMPORTANT!!!!! SUPPORT EDUCATION!
In a real “civilization”, education should be free and well rounded, which would result in a stronger nation full of knowledgeable and competent citizens. In this uncivilized nation, education, like everything else, is a commodity to be manipulated and sold, for profits.
Yea it’ll be nice when your in college but then when your out of college have fun with all those taxes which by the end of your life will be more expensive then your loans on top of that the rates would be so high that there would be no point in working and then we’d have exactly what happend in Russia we’re nobody works so nobody pays taxes and then the system fails
House loans are the main way regular people get wealthy. The 30 year mortgage is subsidized by the government to help you afford it. We would all be serfs, renting from the very wealthy, if not for the 30 year loan.
Make self-education the new norm. We live in the Information age, and we don’t need old teachers telling us what’s what - because they don’t know any more. College is creating poverty. But don’t make it free. JUST DON’T GO! EVER!!!!!!!!!!! I wouldn’t go today even if they PAID ME!!!!!
I agree. At this moment, I can't think of something that you can't learn online. Isn't the whole purpose of a job interview (from an employer's perspective) to see if you are a good fit for a role? Degrees or Credentials shouldn't matter. Knowledge, aptitude, and ability should be the deciding factor.
@@bencraig638 yes we can learn a lot by ourselves. However, there are a lot of fields that require a lot of hands-on learning that's deprived from us if we don't go to college. You can't be a self-taught surgeon, nurse, engineer, etc. without the help of college giving you a place to learn the necessary skills in lab works, rotation, hospital shifts.
@@gabygab_7 That's super specific job roles though. The VAST majority can be learned online. I think you missed the point of the original comment though. He didn't say college is useless and should be abolished, just that self-education should be more common.
This is my story! I worked 6 days a week in undergrad and worried about food. I currently am in grad school and work three days a week at an unpaid internship, 4 days a week at a soc service agency and drive for Lyft overnight on the weekends and take 3 classes. I worry about food and rent more than I worry about my grades and sleep is an issue that has caused health problems. I will deal with the debt after graduation, but surviving the hustle is all I can worry about for now
General Education The first two years of college is general education like High School. Stop this. Either allow students to learn what they need to know for their major, or make the first two years a two year business degree. Two more years of High School at College Prices is CRUEL.
@@tamarleahh.2150 In a sense Sweden as well. We don't pay tuition fees for higher education. Student loans and grants (which all students are elligible for as long as you don't earn too much that semester) are handled by a government agency so the loan interest rate basically matches the rate of inflation and not more. Pretty good. More countries should provide free education and see the benefits of it
@@coledenisen520 *post industrial jobs* We are free to work as lift operators, book scribes and watching 15 sheep at a time for the 1peny a year (profit, that goes to church or Norma tax collection)... If you needn't use your skilled, trained hands not show a certificate, a robot is all ready training to do it and "promisingly" so.
I feel that we lost our vision for education. I'm for tech schools more than the four year college. Many kids go to college only to become broke and end up doing a job that they could have done straight out of high school. The economy is screaming for skilled workers that come from tech schools. Something needs to be done or we'll continue to have problems with student loans and debt.
Almost 50% of students enter community colleges and most pursue vocational/technical degrees. Of those students, about half experience food and/or housing insecurity during college (for reports on this, see hope4college.com). So this is not about bad college choices.
Fools. Y'all are ignoring the fact that before gov't subsidized college a summer job could pay for a semester at any top college. More gov't subsidies will not help. It caused the high cost problem in the first place.
Your 'fact' is incorrect. Correlation is not causation. Many states have actually reduced higher ed. funding (as an example, govt. funding use to pay for 70% of college expenses, now it pays closer to 30%, leaving the student to shoulder the majority of debt). Also, expanding access to the university system to those with lower incomes increased the amount of students with financial need on campuses, and financial aid programs (such as the Pell Grant) have not kept up with the demand. The economy itself is also in a different state, as workers now are effectively making less money than they did in the 70's and 80's (which means you would need to work longer to afford the same number of credits). "Just work harder" is not a solution; it's is part of the problem.
Student loans ruined my financial life. I feel like I was scammed as a teenager, 20 years later life in shambles. Lost car and house (and job) when my tax refund I needed to catch up on bills was seized without warning. Now I'm planning on dying early as a retirement solution.
Jonathan Ryals sorry to hear that buddy. If you didn’t take out student loans in the first place, imagine how your life would have been different 20 years later?
I took out a huge life insurance policy to pay off my loans if I die so my parents or my fiance dont have to keep paying them after I'm dead. This should also help pay off that last bit when I die of old age.
To all the people in the comments saying go to trade school or it's just a useless degree anyway: as she said earlier, 80% percent of jobs actually require some level of college education nowadays. Ask anyone on a job hunt in recent years, I've seen even entry level positions requiring bachelor's degrees for some ungodly reason. Additionally, some people just don't want to have a trade job. Everyone else, like you, has their own dreams and aspirations, and if someone is willing to put the time, effort, and hard work in then these dreams should be available for them to pursue.
In public colleges from México we pay about 5 dollars per semester if you are good grades! Eventhough we can ask for a full scholarship if you are poor.
In cyber security, having a degree and certificate doesn't mean you are very skilled.. But it means you can do things that are necessary or basics to know. It provides certain level of security in making hiring decision for recruiters.
@@xoxo-sf1zg Cyber is one of the areas where degrees matter least. Try Economics if you want a degree-heavy market. Anything IT can be tested easily and quickly.
Wow, I thought she was going to say "college is making people poor, therefore, don't get a useless degree", or maybe even "don't go to an expensive college". Nope, she had to take the "give me free stuff" route.
Those of us who don't come from a family with means are often trapped in debt when we go to college. It's too expensive to work through college when you have to pay $15k - $20k per year to attend. No part time or even full-time job at Wal-Mart is gonna cover that when you also have to pay for rent, utilities, medical and food too. Also.. I often heard "Just go get a grant or scholarship." and that is a nice thought but.. I never could. I applied for hundreds of them.. wrote essays.. filled out questionnaires long into the night after work.. and never won a cent. FAFSA only gave me around $5k a year and I worked full time.. making $22k per year. Apparently, raising a 3 kids with a newly disabled husband, working full time and going to college earning a place on the Dean's List every semester I was able to go was not worth awarding a scholarship or grant over. I regret going.. I owe so much.
Sam Nicholson I am getting a masters degree because my undergrad isn’t work the paper it was printed on. I just wished I wasn’t sold the “college myth” so easily and thought about doing things like going to a two-year before university to save money.
Ashlynn WolfCraft me too. I’ll be paying till the day I’m dead... graduated in 2001. It’s hastened every aspect of life... marriage, children, everything. I often Day dream of what life would have been like if I hadn’t been sold a bill of goods! I’m a dance teacher, and never needed the college degree it turns out. As I Graduated college seeking clarity about what to do next, my professor told me to go back to teaching dance! FML!!!!!
College never tried to control costs.. Politicians never tire of the sharade of claiming to offer something for nothing. Apprenticeship would be a better idea now.
Hmmm yea if they made public high school education possible...why not college? You can still have your Harvard and Yale's but the people need a feasable way to get ahead. It's like buying the house but we don't get the keys to get in.
The people in govt want these problems to continue, bc this is just another way they can keep the people powerless and unable to do anything about their situation.
@Austin Martín Hernández just hoping... It will not turn out be more expensive than I can afford.. Because most of my education comes from Google and RUclips for very little money. 😅
Imagine paying student loans and a parent loan at the sametime! *I think real estate is creating poverty too. Houses are becoming ridiculously expensive $300,000 for a cheap home and a one bed room apt for $1400 is insane! *Too many college graduates live at home! Too many people are homeless! Despite all these facts, I have hope that I'll get out of debt.
@@tamarleahh.2150 I know that! What I am saying is that real estate is so expensive that some people can't afford homes and apartments. People are being alienated from basic necessity.
As someone who is having to get a second degree in order to just apply for a job in my area, college is only worth it if your job actually *needs* it. Gender studies is not one of those jobs. Something I learned after getting my first degree is this: Free college creates ungrateful & whiny adults.
@earth ocean how about life experience? I am a college student and I don't think college, at least in my college, specifically my department, creating a poverty. The people , the students or the freshman, are also not poor after getting in college. So, I can't say college is crearing poverty, at least not here where I lived. Many external factors also influence "the poverty" after getting a college. What she said might be true because it was what happen in the college around her. However, she cannot generalize that all college make a poverty because she did not check one by one, the college around the world. So, nope not enough data to generalize all colleges.
We haven't even touched upon the high-pressure tactics of privatized college. Working in enrollment for years I was introduced to the aspect that it's all about high cost per credit and the cash cow called "Student Loans". The degrees didn't matter... What matters is that the college got paid and made money. People just can't see that a degree can be a good thing but not at the cost all of today's college.
Eventually (next 10 years) very low cost, Virtual Reality based Interactive and expertly crafted online undergraduate education programs will arise...plus we'll see reasonably priced INDEPENDENT degree certification (so schools can't just claim their programs are worthwile). This will fix both the exorbitant expense/debt issue and socialist indoctrination issue (unless you want the socialist indoctrination which will still be available ON YOUR OWN DIME).
The sad reality is that this is happening everywhere not just the US. The system of higher education is outdated and it’s causing poverty to a large extent because people these days are forced to go there even when they know it’s not for them. People who feel the disadvantage of a forced outdated system are usually the financially challenged or with disabilities.
Its not just a loan situation, even when you pay cash there are opportunity costs to do with time invested to benefits compared to cost received. Many people "investing" to get a benefit but not every one ends up reaping the percieved benefits
3:30 Cheat their way into college? Just because their wealthy or well off enough to afford University doesn’t mean they cheated their way in. Even if they bought the spot. If we had it like that, wouldn’t we do it too. Survival of the fittest. I’m a former foster kid, I’ve been to community college, nursing school and a vocational trade school. I couldn’t afford any financially or with enough time. If it’s something I’m really gonna do I have to better prepare for it and shake off the pressure and advice from HS. Just as she said early in the video, we gotta work for i. It’s not fair but it’s life. The universities and government should rework its practices with consumer advice and families should be better educated to make better decisions. Right now I work to pay off my car and live, one day I’ll consider higher EDU in a field I’ve really looked into and can see stability with. I’m doing much better than friends and former classmates from HS and Higher ED who have far more debt than me. That was just a statement. Each scenario is wild and unfortunate but will get better.
Temple is not a true public institution (14:53). It is state-related, and gets *some* funding from the state. Pennsylvania has public colleges as part of the PASSHE system (West Chester U, Kutztown, Millersville U, Bloomsburg U, etc.)
Hi Dave: Thanks for watching. Yes, Temple is a public university. The PA terms for "public" are a bit idiosyncratic, however the university meets standard definitions of public in terms of being government funded (via appropriations not just per student financial aid). Remarkably the % of funding Temple receives from the state is about the same as UW-Madison receives from the state. Moreover, Temple's "publicness" is greater-- more in-state students, more Pell recipients, more accessibility (it doesn't require standardized test scores, etc). Again, I appreciate you watching!
Education that is provided in colleges is provided too late. College (and Trade School) education should be started at the High School level. High School education should be started in Middle/Junior High School. Middle/Junior High School education should be started in late Elementary School and condensed into 4th through 6th grade. The question every student wants to know before ever learning anything is, "How am I going to use this in MY life?" That is why outside of an introduction to Art and Science, Math to the level of Algebra and Statistics, Language Arts to the level of fluent reading and writing your national language, and your countries version of Civics, no other subjects should be universally required. Most of what they will learn will never be used outside of the final exam. Let's face it. Most people are not going to be Lawyers, Doctors, Historians, Chemists, Biologists, or Politicians, etc. Most will be working 9-to-5 jobs in restaurants, department stores, warehouses, factories, and several other service jobs. Most of World History and even National History is forgotten by students, no matter how many times the line "those who do not learn history are doomed to repeat it" is used. Most of Biology, Chemistry, and Physics is forgotten by students. All of these subjects, and many I've left out, are relative to the career you want to have. Because of that, by 6th-8th grade a student should be taking career placement tests to help them pick out their classes going forward. By 9th grade all classes should be entirely career-centric, whether it be a career in a 9-to-5 job in a department store or some sort of medical technician. College should be reserved for graduate level courses for Doctors, Lawyers, and Engineers; and scientific fields of research.
Glad I dropped my grad program yesterday I realized that I need to live life. Then maybe I’ll get back to that. Maybe. It’s wealth health love happiness, school doesn’t fit in there, atleast not for too long
Higher education is a good investment if you take the correct courses. You can't take something like gender studies and land a job that will pay for it. Half the problem is the colleges making courses mandatory to graduate. For instance the course this women is teaching is useless. "Why i care about college". Even if it's free someone has to pay this women's salary. You take a course in mechanics and become a mechanic you will be fine. You have to save money to go to college, it's expensive. All of these impoverished students... How many of them have iphones? College prices need to go down and government needs to be less involved. They added the ability to take out loans for college and prices rose considerably
In the USA, we are no longer a manufacturer based society; we are now a consumer and education based society. Higher education used to mean a higher standard of living; those days are quickly evaporating, and soon a college education will become nearly worthless as far as income goes. The school will always have value because it instills a sense of accomplishment and promotes self-worth. Higher education today is not synonymous with a higher standard of living. I know several high school graduates who out-earn college graduates. The private prestige schools graduates will still command higher wages, but the traditional state schools graduates will be relegated to wages slightly above that of high school graduates. There's a lie that is being promulgated that higher education Is the sure fire way escape poverty and that falsehood is currently being exposed. The debt that is incurred by the student takes years to pay off. These exactions are causing many high school graduates to consider other options such as trade schools.
I've come to realise, it is all a scam. Get massive loans, graduate etc, MAYBE get a well paid job. Never really be happy because you have these huge loans hanging over your head for years! If you don't get a well paid job, then the loans will be there even longer!
It's funny how colleges/universities still include all the general education classes on the curriculum. I wish all of the GE's should be taught in middle school and HS only. Majors in college/university. This will help to reduce the debt and time. Students who are still in school, get a job and don't quit your job because jobs nowadays are so hard to find. For those students who can't find a job while going to school, start a business to get income.
There are degrees with high demand and that pay high salaries that are worth taking on some debt for and then there are other degrees that it makes mo sense to take on debt for.
Canadian actually, also i was exagerating a bit. But most everyone i know is in debt and with no job to do with their educations. Even then if they had gotten one they pay probably isn't enough to both support and pay off debt. Schools are designed like this in hopes of netting people in so the schools could keep making money without having to beg for it. A false sense of security, large by yearly payments and good marks still lead to the same hole everyone else fell into.
If you are a good student, most state schools are pretty inexpensive. The problem is I knew a kid who chose a giant loan to an out of state school with a better name and better parties, over a free ride to his local university. Many kids do this. I blame parents and their schools for allowing it and not teaching basic skills about finance.
I wish I had never went to college. Besides the crazy amount of debt, I became an educator (in the arts), and currently as (more) poor as the day I started college.
I'm in the murky middle where I only qualify for loans. So, sadly, I had to get private loans and some federal loans, along with two jobs. I'm not poor enough to get a full ride without loans, yet I'm not rich enough to have my college paid for by my parents. I just want to get a job as a GIS analyst and get a living wage to help my family out.
Unless you're going for the sciences degrees most degrees are useless and student loans are way to high. Also one more thing what's the hurry to graduate? if you don't have the money right now to pay for classes take sometime off from college earn that money you need to stay alive and to pay for the classes beforehand trust me you will be better off that way than paying for student loans.
@@coledenisen520 I agree, partially. I believe my being one of those exceptions actually should cause many to question why it is believed so many jobs/careers out there say that they require college degrees. It is my belief that it has just been a corporate standard set in place because of misguided thinking that a college degree means you must have the intelligence to handle the job. Yet so many jobs turn out to be mostly mindless tedium with the occasional troubleshooting exercise, assuming upper management allows some lateral thinking.
@@bjlbernal I agree. Degree inflation is certainly a problem, and also needs to be addressed as does a continued commitment to trades and technical training. I have seen/heard the bootstrap myth used much too often in discussions like these, and such examples generally do not reflect the experience of a majority of individuals who are just working to realize their own American Dream. The whole narrative of "I worked hard for what I have, why can't you" smells a little too much of Social Darwinism to my liking (not referring to you, just in general).
For most students, they should do their first two years at community college. It is crazy to spend that kind of money for general classes. Don't go away to school till you have a defined major and matured a bit. This doesn't help people like Malik who needs to help his fa!i!y. But most kids can stay at home with their families for free and work and pay for community college. Unless you go to a top tier college, you should start at community college. Better students can go away but shou!e choose an in state school. Only go to expensive private schools unless your family can find you or you get !massive grants or scholarship s. Only go private if it is close to state school price.
Can we also stop making students who know what they want to do take gen eds that have nothing to do with their major? I don't need a gender studies class to be a geospatial analyst.
Here was my situation when I started going to college my parents told me from the beginning I am not going to help you they told me I’m on my own if I chose to go to college I spent two years working just to save some money up to go to college full time while taking one or two classes at a community college it was a community college filled with low income students many of them got free tuition and some got left over money for books iPads phones and food while I was struggle just to pay for one class I don’t like socialist society because all the students that got free class would not take college seriously and just repeat the classes to get more free money
Guys, I live in Russia and I graduated in russian university. In our country if you're not having good results by final test after school - you can go to college and pay by your own. A lot of parents don't have money enough for their children and they can get a loan (about 10 to 20%). And then you should work hard to pay for it. So, I had friends who should work and study at the same time (they just want to survive). I don't get it! US students has best options by credit system in USA and you have videos like this. I think author must to look at other countries to make a conclusion about poverty.
German university student here, I pay 130€ per Semester. Sure Students aren't rich and alot of us have to work to be able to afford uni, but there's only a handful of people who really cannot afford it. Especially since you can get some money from the state if your parents don't earn enough money to support you studying. (You only have to pay back half of the money they give you and only as soon as you have a stable income). Education is quite accessible here.
I graduated college without debt. But I remember having a bare minimum of everything. I think college is going to become obsolete in time. We have RUclips, we have skillshare, programming boot camps, and the entire internet at our disposal. If you aren’t going to school to become something specific like a doctor, lawyer, nurse, accountant, etc, don’t waste your time and money. The world is a different place. Things have changed. You don’t need college to be successful. Work hard, and work smart, those are the true keys to success. Great ted talk.
I agree with outside. If the major is high in demand and the salaries are high, it's worth going. If you dont have the money for school, trying working and going to school at night for a couple of years. I did this and it significantly decreased the amount of loans I had to take out. The debt was manageable and I paid it off a long time ago.
The reason for all the expenses is control the higher ups really don’t want students to succeed they want to control them and what better way them too destroy them financially
My only complaint about this talk is that she keeps saying "temple can't do anything more" but how about controlling spending? Did temple really need to build a new sports center? It seems like money is still being poured into non-academic things and there are places where temple could also cut costs and make college cheaper for everyone.
At the end of the talk I speak about accountability for states and colleges-- that's all about controlling spending. The new student wellness center was not paid for by Temple, however, it was funded by Aramark as part of the latest food service contract. As states cut the budgets of colleges and universities, more of them try to make up the lost revenue via food and housing contracts. The solution is to restore state funding.
￣︿￣... I grew up lower middle class and didn't have the money to go to college, you know what I did? I didn't go to college and got a job as a secretary
Yeah, and that's the problem; it feeds into the continued inequity and growing wage gap in our country. Being born to a rich family should not be the only way you can benefit from higher education. It's a social mobility issue, and cuts to the heart of our own cultural narrative (the bootstrap myth).
@@tamarleahh.2150 No, its livable but not at all good. I am not making a statement about you, what I am saying is that higher ed should be accessable to all, not just those that have parents that can afford it. Thats the problem, and why the wage gap continues to grow. You were lucky to make 45k. Most don't.
Student loans = indentured servitude = they got where they want you FOR LIFE. Student loans are the ONLY non-bankrupt-able debt besides taxes. There's a reason for that and it isn't in our favor.
@Lee Turner Just look up "are student loans able to be bankrupted?". You will see that you have to prove undue hardship (which is very, very difficult to successfully do, especially with the "payment plans" that are now offered) or be totally disabled.
Because you can't return the "service" of "education" you received... Unlike many bankrupt-able loans...
@@ajlehnert3693 No, because they want people to owe for life, period. People who bankrupt credit cards can't return things like all of the dinners they ate out or the vacations they took, but they can get rid of the debt.
@@pinkpanda5696 correct. They do, however, either pay back the debts in a payment plan of some sort to the point that they pay back close to or all of the debts. In many cases you will lose as close to everything there is to lose. Furniture, houses, cars, and anything else they can squeeze from you. I hate to put this much energy into a RUclips reply, but we can't blame every problem we encounter on "The Man"
@@ajlehnert3693 Yes, but this is debt for education. Literally. EDUCATION. Nobody should have to have $50,000 worth of debt or more (and be trapped in this debt for many years, if not a lifetime) just to be able to get a decent paying (hopefully) job. If you don't see how wrong that is, I can't help you. Also, they can garnish Social Security from the elderly if they owe student loans. Gotta love that.
That's the American Dream Right...Even with a degree they still want you to have 2 years of experience!! That piece of paper symbolizes nothing..That "degree" is debt!!
I need 5 years of experience in my field to be qualified for my first job in the field
My parents dont understand why i dont wanna go to college. They think that im throwing my life away. They even said that they'll pay for my education but they dont understand how the payments will rob them dry. That and how ive seen many many ppl tell me how it wasnt worth it to go to college for the years they went is really keeping me away from college
They sound like wonderful parents! I get where you are coming from but make sure you get a degree of some sort! There are affordable things like technical degrees where you spend a set amount to specialize in a field. Or you could study online, lots of free and affordable skills you could learn and start your own business. I wish you the best, you are obviously very intelligent.
You need to stop listening to people and start listening to yourself. Decide what you want to do, figure out the cost of your college. Don't asssume that it's going to "rob them dry" if you don't know all the details and haven't thought of everything. Taking less classes will reduce cost, going to a community college will reduce cost, you have a choice between loans that do and don't generate interest, ect.
A reminder that you haven't met everyone in the world. You haven't met every individual who's ever had a college experience. You need to look beyond your bubble, because it's typically the sometimes stagnant environment around us that keeps us back.
Is college for you? Can't say, everyone is different and college really isnt' for everyone, but think more about this stuff my dood.
@@titanscar2183 i want to. But really the only thing thats bringing in enough cashfor me to survive is physical labor jobs (home depot). My parents ate upset because they see something in me that im trying to see and im throwing it away in their eyes, they constantly compare me to my other cousins that are in college getting their degrees and im not, and pretty soon, their planning on kicking me out, or making me pay rent. But im still trying as the days go by
I've met several people who saved their money and did their research and didn't go to college until their 30s or even 40s when they had the money saved and it was definitely worth the investment. Obviously they were doing just fine without college. They weren't millionaires. They weren't immune to medical bills bankrupting them. But compared to most people, including most colleges graduates unfortunate enough to have to move back to my home town, they were doing extremely well.
my mom forced me into college, and now that im graduated she hates me, and blames me for going to college.
Get rid of govt backed student loans... that's why colleges charge whatever they want.
Only works if private loans are bankruptable.
Hey! What's up?
Get society to Stop crapping on community colleges and trade schools
Who is watching this video in college?
🤚
Im about to start at a community college and the projected cost of attendance is over 20,000 dollars 💀
I just drop out of college I couldn't keep up with the payments
@@feddora5776 hope all goes well man
@@roznai will see what life has prepared for me, thankfully there is a ton of things that you can do in a country like US
Watch EVERY dollar you spend in college.. Negotiate class prices as much as you can! Consider alternatives... community colleges where classes are cheaper than university.. Evaluate if one elective is cheaper than another etc.. it all matters. Colleges are for profits no matter their label.
Student loan payments are like having a house payment. I know, $2000 a month.
As a boomer, who got free education, I feel for younger people these days. I self taught myself the stockmarket which helped me alot - cost ... NOTHING! Should be taught in High Schools .. but public servant teachers are .....
@Penny4Bernie 2020 it's sad. These "Rich" guys do not care about their fellow Americans. All these people care about is their profit.
"Student loan payments are like having a house payment. I know, $2000 a month." Exactly why so many are deferring buying a house or electing not to buy at all, and it has serious implications when it comes to building equity and the country's present and future economic stability. This is why ALL individuals - whether you attended college or not - should care about the growing student debt crisis, as it has very far reaching implications. Hunger and homelessness is just the tip of the iceberg.
im going to be homeless soon
@Penny4Bernie 2020 Globalisation is a CANCER, should be Illegal. Bring back Patriotism, arrest the Traitors.
Grants and financial aid only help the poorest, and the richest people. Anyone in the middle who still struggle get nothing. You have to be disabled in order to get help if you are in the middle.
Sadly, yeah.
Emma Cat well it’s true that people who are more of the lower class get the most help with financial aid and grants, but rich people don’t. They can easily pay their way through school without having to worry about finances. Middle class however, is the most unfortunate place to be in these terms.
Not really. If you think a person who’s extremely poor can get loans that cover the average tuition cost, with bad credit, and no possibility of a co-signer, think again.
Yes!!! As a refugee I was in the murky middle. I struggled and 10 years later I am still in debt and had to go back to school AGAIN in hopes to pay off my loans after I graduate. We were told there are no scholarships for refugees. And because I was a still a dependent on my parents, I did not qualify for Pell Grants. I graduated with almost a 100K in debt. Now I after I finish my doctorate I will end up with almost half a million. I have no clue what to do! Thank you for your voice. This is a much needed struggle. We are inflicting harm on the most powerful economic force in the country. All we think about it is how to pay our debt.... This is not a sustainable way to build a robust economy.
Education is IMPORTANT!!!!! SUPPORT EDUCATION!
I was in Tink's situation as well. Too poor to get a sufficiently large loan and too rich to get much help from FASFA. Jerks.
Same.
In a real “civilization”, education should be free and well rounded, which would result in a stronger nation full of knowledgeable and competent citizens. In this uncivilized nation, education, like everything else, is a commodity to be manipulated and sold, for profits.
Yay for capitalism..
Austin Martín Hernández I’m not a selfish human being, that’s why I hold that “opinion”.
Yea it’ll be nice when your in college but then when your out of college have fun with all those taxes which by the end of your life will be more expensive then your loans on top of that the rates would be so high that there would be no point in working and then we’d have exactly what happend in Russia we’re nobody works so nobody pays taxes and then the system fails
Student loans are like House loans...the biggest scam in America
Our entire education system has become a scam in the last few decades, starting from elementary school.
Worse. One way or another, you can get out of a mortgage.
Not just in America
@@a7i20ci7y And you get a house at the end of it...
House loans are the main way regular people get wealthy. The 30 year mortgage is subsidized by the government to help you afford it. We would all be serfs, renting from the very wealthy, if not for the 30 year loan.
More people need to see this. Even if we can't fix my depts, I don't want my kids to have to deal with this.
Make self-education the new norm. We live in the Information age, and we don’t need old teachers telling us what’s what - because they don’t know any more.
College is creating poverty. But don’t make it free. JUST DON’T GO! EVER!!!!!!!!!!!
I wouldn’t go today even if they PAID ME!!!!!
I agree. At this moment, I can't think of something that you can't learn online. Isn't the whole purpose of a job interview (from an employer's perspective) to see if you are a good fit for a role? Degrees or Credentials shouldn't matter. Knowledge, aptitude, and ability should be the deciding factor.
@@bencraig638 yes we can learn a lot by ourselves. However, there are a lot of fields that require a lot of hands-on learning that's deprived from us if we don't go to college. You can't be a self-taught surgeon, nurse, engineer, etc. without the help of college giving you a place to learn the necessary skills in lab works, rotation, hospital shifts.
@@gabygab_7 That's super specific job roles though. The VAST majority can be learned online. I think you missed the point of the original comment though. He didn't say college is useless and should be abolished, just that self-education should be more common.
@@bencraig638 Exactly!
@@gabygab_7 you know... you could go full "madman" and rob graves to dissect fresh corpses and learn something, right? ;)
I like that there's a person doing sign language in a back.
Me too
I didn't even notice till I saw this comment😭
@M C A lot, I suppose
There must have been THAT many deaf people attending lol how considerate
This is my story! I worked 6 days a week in undergrad and worried about food. I currently am in grad school and work three days a week at an unpaid internship, 4 days a week at a soc service agency and drive for Lyft overnight on the weekends and take 3 classes. I worry about food and rent more than I worry about my grades and sleep is an issue that has caused health problems. I will deal with the debt after graduation, but surviving the hustle is all I can worry about for now
Praying and rooting for you. It's rough now, but this will one day be your testimony. My story is almost identical as well. ❤
General Education
The first two years of college is general education like High School.
Stop this.
Either allow students to learn what they need to know for their major, or make the first two years a two year business degree.
Two more years of High School at College Prices is CRUEL.
Meanwhile in other countries you get paid for studying.
Which country?
@@tamarleahh.2150 Germany is an example
@@tamarleahh.2150 In a sense Sweden as well. We don't pay tuition fees for higher education. Student loans and grants (which all students are elligible for as long as you don't earn too much that semester) are handled by a government agency so the loan interest rate basically matches the rate of inflation and not more. Pretty good.
More countries should provide free education and see the benefits of it
lol that’s so damn true
It's more and more common for employers to develop their own education pathways deciding it's more cost effective.
GET A TRADE.
GET A TRADE.
GET A TRADE.
And be paid 1/2 minimum wage (1/4-1/3 of the local poverty line) for 3 years?
@@coledenisen520
*post industrial jobs*
We are free to work as lift operators, book scribes and watching 15 sheep at a time for the 1peny a year (profit, that goes to church or Norma tax collection)... If you needn't use your skilled, trained hands not show a certificate, a robot is all ready training to do it and "promisingly" so.
I feel that we lost our vision for education. I'm for tech schools more than the four year college. Many kids go to college only to become broke and end up doing a job that they could have done straight out of high school.
The economy is screaming for skilled workers that come from tech schools. Something needs to be done or we'll continue to have problems with student loans and debt.
Almost 50% of students enter community colleges and most pursue vocational/technical degrees. Of those students, about half experience food and/or housing insecurity during college (for reports on this, see hope4college.com). So this is not about bad college choices.
There are a great deal of issues that we need to fix with post secondary education.
Fools. Y'all are ignoring the fact that before gov't subsidized college a summer job could pay for a semester at any top college. More gov't subsidies will not help. It caused the high cost problem in the first place.
Your 'fact' is incorrect. Correlation is not causation. Many states have actually reduced higher ed. funding (as an example, govt. funding use to pay for 70% of college expenses, now it pays closer to 30%, leaving the student to shoulder the majority of debt). Also, expanding access to the university system to those with lower incomes increased the amount of students with financial need on campuses, and financial aid programs (such as the Pell Grant) have not kept up with the demand. The economy itself is also in a different state, as workers now are effectively making less money than they did in the 70's and 80's (which means you would need to work longer to afford the same number of credits). "Just work harder" is not a solution; it's is part of the problem.
Student loans ruined my financial life. I feel like I was scammed as a teenager, 20 years later life in shambles. Lost car and house (and job) when my tax refund I needed to catch up on bills was seized without warning. Now I'm planning on dying early as a retirement solution.
Jonathan Ryals sorry to hear that buddy. If you didn’t take out student loans in the first place, imagine how your life would have been different 20 years later?
Yeah I'd probably be a mindless zombie steeped in comfortable consumerism, but with health insurance and able to see a dentist...
Me too 😞
Me too. House. Bankruptcy. I choose teaching. I always jokingly say that I will die before I finish paying my loans. Fingers crossed. 😂 😞 🥀
I took out a huge life insurance policy to pay off my loans if I die so my parents or my fiance dont have to keep paying them after I'm dead. This should also help pay off that last bit when I die of old age.
To all the people in the comments saying go to trade school or it's just a useless degree anyway: as she said earlier, 80% percent of jobs actually require some level of college education nowadays. Ask anyone on a job hunt in recent years, I've seen even entry level positions requiring bachelor's degrees for some ungodly reason. Additionally, some people just don't want to have a trade job. Everyone else, like you, has their own dreams and aspirations, and if someone is willing to put the time, effort, and hard work in then these dreams should be available for them to pursue.
In public colleges from México we pay about 5 dollars per semester if you are good grades! Eventhough we can ask for a full scholarship if you are poor.
Yes, and you are stuck in Mexico. No thx.
@@GUITARTIME2024 well, enjoy sacrificing your freedom for a sense of safety
no one is forcing anyone to spend $500,000 to get a phd in basketweaving
🙄
Bro im in tears hahahaha
LMAO xD
In cyber security, having a degree and certificate doesn't mean you are very skilled.. But it means you can do things that are necessary or basics to know. It provides certain level of security in making hiring decision for recruiters.
@@xoxo-sf1zg Cyber is one of the areas where degrees matter least. Try Economics if you want a degree-heavy market. Anything IT can be tested easily and quickly.
Wow, I thought she was going to say "college is making people poor, therefore, don't get a useless degree", or maybe even "don't go to an expensive college". Nope, she had to take the "give me free stuff" route.
Charles Tolley exactly!!
What are some useless degrees besides gender studies
Those of us who don't come from a family with means are often trapped in debt when we go to college. It's too expensive to work through college when you have to pay $15k - $20k per year to attend. No part time or even full-time job at Wal-Mart is gonna cover that when you also have to pay for rent, utilities, medical and food too. Also.. I often heard "Just go get a grant or scholarship." and that is a nice thought but.. I never could. I applied for hundreds of them.. wrote essays.. filled out questionnaires long into the night after work.. and never won a cent. FAFSA only gave me around $5k a year and I worked full time.. making $22k per year. Apparently, raising a 3 kids with a newly disabled husband, working full time and going to college earning a place on the Dean's List every semester I was able to go was not worth awarding a scholarship or grant over. I regret going.. I owe so much.
S O C I O L O G Y
I wish someone told me about this BEFORE going to college back in 2012 :/
Sam Nicholson I am getting a masters degree because my undergrad isn’t work the paper it was printed on. I just wished I wasn’t sold the “college myth” so easily and thought about doing things like going to a two-year before university to save money.
Ashlynn WolfCraft me too. I’ll be paying till the day I’m dead... graduated in 2001. It’s hastened every aspect of life... marriage, children, everything. I often Day dream of what life would have been like if I hadn’t been sold a bill of goods! I’m a dance teacher, and never needed the college degree it turns out. As I Graduated college seeking clarity about what to do next, my professor told me to go back to teaching dance! FML!!!!!
College is a business model with an extremely overpriced product that rarely lives up to its marketing.
Time to tune into Dave Ramsey
College never tried to control costs.. Politicians never tire of the sharade of claiming to offer something for nothing. Apprenticeship would be a better idea now.
They should make free online public college just like they have for high school homeschoolers. Saves on all levels.
Truth well said, the cost is huge compared to the benefits and after college you keep paying the debt forever and it doesn't seems better. So fearful!
Hmmm yea if they made public high school education possible...why not college?
You can still have your Harvard and Yale's but the people need a feasable way to get ahead. It's like buying the house but we don't get the keys to get in.
Plenty of other countries have done it, and most of them are not as rich as America.
Won't change a thing, then you'll have a degree just like most people and only the "good" degrees will matter.
The people in govt want these problems to continue, bc this is just another way they can keep the people powerless and unable to do anything about their situation.
I was going to college then I saw the title. 😮
*WTF*
Its a sign
Dont go
@@irahat6387 I paid for it. So, I have to go. 😭
I am just finished HIGH school
Hahaha
@Austin Martín Hernández just hoping... It will not turn out be more expensive than I can afford.. Because most of my education comes from Google and RUclips for very little money. 😅
@@irahat6387 college professors are waiting for you, mate! 😛
Union Apprenticeship Programs!!!!!!
Imagine paying student loans and a parent loan at the sametime!
*I think real estate is creating poverty too. Houses are becoming ridiculously expensive $300,000 for a cheap home and a one bed room apt for $1400 is insane!
*Too many college graduates live at home! Too many people are homeless!
Despite all these facts, I have hope that I'll get out of debt.
Real estate can provide passive income though, you need to know what to do
@@tamarleahh.2150 I know that!
What I am saying is that real estate is so expensive that some people can't afford homes and apartments. People are being alienated from basic necessity.
As someone who is having to get a second degree in order to just apply for a job in my area, college is only worth it if your job actually *needs* it. Gender studies is not one of those jobs.
Something I learned after getting my first degree is this: Free college creates ungrateful & whiny adults.
so how many of your students have to pay for your class with a student loan?
Right? A gen ed class they are forced to take...
This is a yes and no. Depends on the college, the rules, the department, it can be right or wrong.
@earth ocean how about life experience? I am a college student and I don't think college, at least in my college, specifically my department, creating a poverty. The people , the students or the freshman, are also not poor after getting in college. So, I can't say college is crearing poverty, at least not here where I lived. Many external factors also influence "the poverty" after getting a college. What she said might be true because it was what happen in the college around her. However, she cannot generalize that all college make a poverty because she did not check one by one, the college around the world. So, nope not enough data to generalize all colleges.
We haven't even touched upon the high-pressure tactics of privatized college.
Working in enrollment for years I was introduced to the aspect that it's all about high cost per credit and the cash cow called "Student Loans". The degrees didn't matter... What matters is that the college got paid and made money. People just can't see that a degree can be a good thing but not at the cost all of today's college.
Eventually (next 10 years) very low cost, Virtual Reality based Interactive and expertly crafted online undergraduate education programs will arise...plus we'll see reasonably priced INDEPENDENT degree certification (so schools can't just claim their programs are worthwile). This will fix both the exorbitant expense/debt issue and socialist indoctrination issue (unless you want the socialist indoctrination which will still be available ON YOUR OWN DIME).
She was excellent!!!
The sad reality is that this is happening everywhere not just the US. The system of higher education is outdated and it’s causing poverty to a large extent because people these days are forced to go there even when they know it’s not for them. People who feel the disadvantage of a forced outdated system are usually the financially challenged or with disabilities.
16:24 the video skips, whats with that? Did they cut a part of her talk?
Prices won’t go down with A.I., cost of living will still go up which sucks.
Its not just a loan situation, even when you pay cash there are opportunity costs to do with time invested to benefits compared to cost received. Many people "investing" to get a benefit but not every one ends up reaping the percieved benefits
Liked this vid before even watching because of the title alone (colledge ruined my mom's life which is why I chose trade school)
I can only imagine how COVID-19 is going to increase poverty and students with immense debts.
3:30 Cheat their way into college? Just because their wealthy or well off enough to afford University doesn’t mean they cheated their way in. Even if they bought the spot. If we had it like that, wouldn’t we do it too. Survival of the fittest.
I’m a former foster kid, I’ve been to community college, nursing school and a vocational trade school. I couldn’t afford any financially or with enough time. If it’s something I’m really gonna do I have to better prepare for it and shake off the pressure and advice from HS. Just as she said early in the video, we gotta work for i. It’s not fair but it’s life. The universities and government should rework its practices with consumer advice and families should be better educated to make better decisions.
Right now I work to pay off my car and live, one day I’ll consider higher EDU in a field I’ve really looked into and can see stability with. I’m doing much better than friends and former classmates from HS and Higher ED who have far more debt than me. That was just a statement. Each scenario is wild and unfortunate but will get better.
You’re saying this like it’s a new predicament. So many people gave up a high school degree because of financial problems!
Temple is not a true public institution (14:53). It is state-related, and gets *some* funding from the state. Pennsylvania has public colleges as part of the PASSHE system (West Chester U, Kutztown, Millersville U, Bloomsburg U, etc.)
Hi Dave: Thanks for watching. Yes, Temple is a public university. The PA terms for "public" are a bit idiosyncratic, however the university meets standard definitions of public in terms of being government funded (via appropriations not just per student financial aid). Remarkably the % of funding Temple receives from the state is about the same as UW-Madison receives from the state. Moreover, Temple's "publicness" is greater-- more in-state students, more Pell recipients, more accessibility (it doesn't require standardized test scores, etc). Again, I appreciate you watching!
Education that is provided in colleges is provided too late. College (and Trade School) education should be started at the High School level. High School education should be started in Middle/Junior High School. Middle/Junior High School education should be started in late Elementary School and condensed into 4th through 6th grade.
The question every student wants to know before ever learning anything is, "How am I going to use this in MY life?"
That is why outside of an introduction to Art and Science, Math to the level of Algebra and Statistics, Language Arts to the level of fluent reading and writing your national language, and your countries version of Civics, no other subjects should be universally required. Most of what they will learn will never be used outside of the final exam.
Let's face it. Most people are not going to be Lawyers, Doctors, Historians, Chemists, Biologists, or Politicians, etc. Most will be working 9-to-5 jobs in restaurants, department stores, warehouses, factories, and several other service jobs.
Most of World History and even National History is forgotten by students, no matter how many times the line "those who do not learn history are doomed to repeat it" is used. Most of Biology, Chemistry, and Physics is forgotten by students. All of these subjects, and many I've left out, are relative to the career you want to have. Because of that, by 6th-8th grade a student should be taking career placement tests to help them pick out their classes going forward. By 9th grade all classes should be entirely career-centric, whether it be a career in a 9-to-5 job in a department store or some sort of medical technician.
College should be reserved for graduate level courses for Doctors, Lawyers, and Engineers; and scientific fields of research.
I pay out of pocket to go to college I'd rather be broke will going to then getting myself in to debt.
This is what I did
Thanks
Glad I dropped my grad program yesterday
I realized that I need to live life. Then maybe I’ll get back to that. Maybe. It’s wealth health love happiness, school doesn’t fit in there, atleast not for too long
M C A bachelors is fine. And even without one you can
Nice speech,best message 👌🏼👍
Higher education is a good investment if you take the correct courses. You can't take something like gender studies and land a job that will pay for it. Half the problem is the colleges making courses mandatory to graduate. For instance the course this women is teaching is useless. "Why i care about college". Even if it's free someone has to pay this women's salary.
You take a course in mechanics and become a mechanic you will be fine. You have to save money to go to college, it's expensive. All of these impoverished students... How many of them have iphones?
College prices need to go down and government needs to be less involved. They added the ability to take out loans for college and prices rose considerably
In the USA, we are no longer a manufacturer based society; we are now a consumer and education based society. Higher education used to mean a higher standard of living; those days are quickly evaporating, and soon a college education will become nearly worthless as far as income goes. The school will always have value because it instills a sense of accomplishment and promotes self-worth. Higher education today is not synonymous with a higher standard of living. I know several high school graduates who out-earn college graduates. The private prestige schools graduates will still command higher wages, but the traditional state schools graduates will be relegated to wages slightly above that of high school graduates. There's a lie that is being promulgated that higher education Is the sure fire way escape poverty and that falsehood is currently being exposed. The debt that is incurred by the student takes years to pay off. These exactions are causing many high school graduates to consider other options such as trade schools.
Corporate Greed, Corporate Gain
thats because education is becoming a business(just like healthcare)
College is like a labor camp.
But you have to pay for it.
She takes the first 15 minutes to say "I met this kid, he's poor".
I’m just not down to pay thousands for a degree I may not even use when I get older. I’ll stick with a certificate and call it a day.
I've come to realise, it is all a scam.
Get massive loans, graduate etc, MAYBE get a well paid job. Never really be happy because you have these huge loans hanging over your head for years!
If you don't get a well paid job, then the loans will be there even longer!
It's funny how colleges/universities still include all the general education classes on the curriculum. I wish all of the GE's should be taught in middle school and HS only. Majors in college/university. This will help to reduce the debt and time. Students who are still in school, get a job and don't quit your job because jobs nowadays are so hard to find. For those students who can't find a job while going to school, start a business to get income.
Learn the TRADES. College is NOT necessary.
Not going to college was the smartest thing I ever did.
I have two bachelor degrees in poly sci and euro hist. Huge mistake. Wish i went for accounting or never at all.
There are degrees with high demand and that pay high salaries that are worth taking on some debt for and then there are other degrees that it makes mo sense to take on debt for.
@@CalicoCooperFan yes that was my point.
I dont think there really needs to be a video about this. Everyone knows cuz we are already walking to the soup kitchen
Canadian actually, also i was exagerating a bit. But most everyone i know is in debt and with no job to do with their educations. Even then if they had gotten one they pay probably isn't enough to both support and pay off debt. Schools are designed like this in hopes of netting people in so the schools could keep making money without having to beg for it. A false sense of security, large by yearly payments and good marks still lead to the same hole everyone else fell into.
If you are a good student, most state schools are pretty inexpensive. The problem is I knew a kid who chose a giant loan to an out of state school with a better name and better parties, over a free ride to his local university. Many kids do this. I blame parents and their schools for allowing it and not teaching basic skills about finance.
The Wu in a tedtalk !? Nice
I wish I had never went to college. Besides the crazy amount of debt, I became an educator (in the arts), and currently as (more) poor as the day I started college.
I'm in the murky middle where I only qualify for loans. So, sadly, I had to get private loans and some federal loans, along with two jobs. I'm not poor enough to get a full ride without loans, yet I'm not rich enough to have my college paid for by my parents. I just want to get a job as a GIS analyst and get a living wage to help my family out.
Job at the cost of Education, Education at the cost of Money, finally Money at the cost of Job.
Put it all on line!
School are not the answer?
Foot ball is not the answer!
Unless you're going for the sciences degrees most degrees are useless and student loans are way to high. Also one more thing what's the hurry to graduate? if you don't have the money right now to pay for classes take sometime off from college earn that money you need to stay alive and to pay for the classes beforehand trust me you will be better off that way than paying for student loans.
Along with the private prisons, private health insurance and stagnated wages, private loans for college is legal slavery.
I'm a professional programmer working for an international Internet of Things company. No college degree.
And you would be among the few. People without college degrees that can achieve a decent living wage are the exception, not the rule.
@@coledenisen520 I agree, partially. I believe my being one of those exceptions actually should cause many to question why it is believed so many jobs/careers out there say that they require college degrees. It is my belief that it has just been a corporate standard set in place because of misguided thinking that a college degree means you must have the intelligence to handle the job. Yet so many jobs turn out to be mostly mindless tedium with the occasional troubleshooting exercise, assuming upper management allows some lateral thinking.
@@bjlbernal I agree. Degree inflation is certainly a problem, and also needs to be addressed as does a continued commitment to trades and technical training. I have seen/heard the bootstrap myth used much too often in discussions like these, and such examples generally do not reflect the experience of a majority of individuals who are just working to realize their own American Dream. The whole narrative of "I worked hard for what I have, why can't you" smells a little too much of Social Darwinism to my liking (not referring to you, just in general).
@@coledenisen520 I hope you also saw my other comment about how I see that the education timeline and required courses are an issue.
Excellent wake up commentary
Soy el comentario en español que buscaban. En resumen, atender a la universidad cuesta, y cuesta caro 😣
For most students, they should do their first two years at community college. It is crazy to spend that kind of money for general classes. Don't go away to school till you have a defined major and matured a bit. This doesn't help people like Malik who needs to help his fa!i!y. But most kids can stay at home with their families for free and work and pay for community college. Unless you go to a top tier college, you should start at community college. Better students can go away but shou!e choose an in state school. Only go to expensive private schools unless your family can find you or you get !massive grants or scholarship s. Only go private if it is close to state school price.
I am so glad for not getting into debt in a world class university but that's * likely*(and in my case) not in the United States.
Can we also stop making students who know what they want to do take gen eds that have nothing to do with their major? I don't need a gender studies class to be a geospatial analyst.
I am going to enter College This year now,,
SRACTH THAT
Are u even in America
You might want to...😊
Here was my situation when I started going to college my parents told me from the beginning I am not going to help you they told me I’m on my own if I chose to go to college I spent two years working just to save some money up to go to college full time while taking one or two classes at a community college it was a community college filled with low income students many of them got free tuition and some got left over money for books iPads phones and food while I was struggle just to pay for one class I don’t like socialist society because all the students that got free class would not take college seriously and just repeat the classes to get more free money
Sucks if your parents are abusive.
Guys, I live in Russia and I graduated in russian university.
In our country if you're not having good results by final test after school - you can go to college and pay by your own.
A lot of parents don't have money enough for their children and they can get a loan (about 10 to 20%).
And then you should work hard to pay for it. So, I had friends who should work and study at the same time (they just want to survive).
I don't get it! US students has best options by credit system in USA and you have videos like this.
I think author must to look at other countries to make a conclusion about poverty.
Just got my student visa rejected today, it is not a good day my dudes. This is not helping either lol
Is it the same for the rest of the world though
German university student here, I pay 130€ per Semester. Sure Students aren't rich and alot of us have to work to be able to afford uni, but there's only a handful of people who really cannot afford it. Especially since you can get some money from the state if your parents don't earn enough money to support you studying. (You only have to pay back half of the money they give you and only as soon as you have a stable income). Education is quite accessible here.
We know the reality but we are too reluctant to act.
I graduated college without debt. But I remember having a bare minimum of everything. I think college is going to become obsolete in time. We have RUclips, we have skillshare, programming boot camps, and the entire internet at our disposal. If you aren’t going to school to become something specific like a doctor, lawyer, nurse, accountant, etc, don’t waste your time and money. The world is a different place. Things have changed. You don’t need college to be successful. Work hard, and work smart, those are the true keys to success. Great ted talk.
I was in my last year of college when I found out they gave me student loans unknowingly and I eventually had to stop going
Uhh,, what
Im about to go to college in a year's time, should I do it?
I agree with outside. If the major is high in demand and the salaries are high, it's worth going. If you dont have the money for school, trying working and going to school at night for a couple of years. I did this and it significantly decreased the amount of loans I had to take out. The debt was manageable and I paid it off a long time ago.
The reason for all the expenses is control the higher ups really don’t want students to succeed they want to control them and what better way them too destroy them financially
My only complaint about this talk is that she keeps saying "temple can't do anything more" but how about controlling spending? Did temple really need to build a new sports center? It seems like money is still being poured into non-academic things and there are places where temple could also cut costs and make college cheaper for everyone.
At the end of the talk I speak about accountability for states and colleges-- that's all about controlling spending. The new student wellness center was not paid for by Temple, however, it was funded by Aramark as part of the latest food service contract. As states cut the budgets of colleges and universities, more of them try to make up the lost revenue via food and housing contracts. The solution is to restore state funding.
I want a plan...quit school..🙄
This! It’s ridiculous.
￣︿￣... I grew up lower middle class and didn't have the money to go to college, you know what I did? I didn't go to college and got a job as a secretary
Yeah, and that's the problem; it feeds into the continued inequity and growing wage gap in our country. Being born to a rich family should not be the only way you can benefit from higher education. It's a social mobility issue, and cuts to the heart of our own cultural narrative (the bootstrap myth).
@@coledenisen520 I made about 45 k a year so it was good. Better than being 250k in debt
@@tamarleahh.2150 No, its livable but not at all good. I am not making a statement about you, what I am saying is that higher ed should be accessable to all, not just those that have parents that can afford it. Thats the problem, and why the wage gap continues to grow. You were lucky to make 45k. Most don't.