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Originally posted by captaintyinknots
The unfortunate part is, it is too late. The bubble has been created. Too many people out there with student debt that they will not be able to pay. The bubble is going to burst, and its going to happen fairly soon.
Originally posted by Kang69
reply to post by pyramidikal
I had to chime in with this comment.
Currently I'm attending college and the textbook prices are laughable and disgusting at the same time.
I'll give you an example. I paid 150. A HUNDRED AND FIFTY DOLLARS for a Music appreciation textbook! That's right, in order to appreciate music you have to pay a 150 dollars. Usually they have an option to rent the textbook where you can get it basically half off, but there was no option here.
This whole thing is a giant scam. Textbooks, the education. Oh and by the way, the education is EXACTLY the same level as my high school, with the exception of a creative writing class here and there. The Government and History classes were ALL one textbook, seriously, it was like McGraw Hill 2.0! I honestly can't beleive they're getting away with this.
The new college education is the new high school diploma, you just have to spend 90,000 dollars in debt first.
Really pissing me off.
How do you know your elites are not studying elsewhere? Have you asked any. If you have a bright young child you may well send them overseas to learn. If you are an elite and you have a dumb SOB as a child then you send them to where you can pay for success. You need to do that at home! Remember this, the system in the USA and many other placed revolves around money, not learning. Chinese students that come to the USA and BTW Australia are the elites of their country. They come for two reasons. One is the degree, the other is to learn about the country! I would even say that that is the primary reason to send kids o/s for education.