College Conspiracy In America—The Scam that Causes Debt!

student debt in america, collage conspiracy

College Conspiracy is going to open up the minds of millions of students who have been brainwashed their entire lives by the propaganda in the mainstream media. We are a nation of sheep, where nobody thinks for themselves and everybody follows the same system. The system we have today turns everybody into debt slaves, while the Federal Reserve allows bankers on Wall Street to steal the wealth of middle-class Americans through inflation.

Now is the time for all young Americans to think outside of the box and become self-educated. Don’t rely on others to provide jobs for you. Go out there and make a job yourself! The Student Loan scam is creating a bubble such as the Real Estate Scam.

For the 2009/10 school year students borrowed 106 billion dollars to pay for their collage education. This borrowing is up from 96 billion in 2008/09. Total collage loan debt in the America stands at 830 Billion Dollars and now exceeds credit card debt. Two Thirds of Students are Graduating Collage with an average debt of 24,000. Annually the average cost of to attend collage is $27,500—a 4 year bachelor’s degree average cost is $117,000. Collage tuition inflation per year is 5.15%. The average interest rate annually for student loans is 6%. Hidden in the Heathen Health Care Bill, all student loans will come directly from the federal government. Around the world other countries do not face huge debt after attending collage.

Most students will never payoff their collage loans because of the interest rate, and US Government Student Loans can cannot be added to bankruptcy Chapter 7. You have to pay it back—there is no way out of the debt.

All of the colleges in the United States, together, must make profits at least in the hundreds of millions, if not over a billion dollars. Most students don’t like school. Many drop out. Many do not even end up in the fields in which they studied. Have we been socially engineered to believe that college is the only way to secure our futures, so that we can just dish out money to people with no real benefit. In fact, I’d like to ask who of you that have college degrees have, or have not gotten jobs that your course of study is pertinent to.

Enjoy the documentary “Collage Conspiracy”

Source about College Conspiracy

Comments on this entry are closed.

  • Alex May 18, 2011, 6:20 am

    then what’s the best path to take? i’m in high school so it’s important for me to know so I could start making the best decision for my future..what do you mean by going out and looking for a job ourselves?

    • Shawn May 18, 2011, 8:34 am

      The best path is to avoid debt, collage can be a good experience but you will regret it if you come out with ten of thousands of dollars in debt.

  • David May 18, 2011, 3:05 pm

    I really like this website…I tell my infrormed as well as my un-informed friends about it…I always knew that there was something odd about college and the student loans that go with them…I attended a private high school with tuition equivallent to a college…I decided to take a year off and work but didn’t make it to college due to personal and financial reasons…when I worked at bank of america I really seen how unvaluable a college degree was as students graduating were coming to the bank and making the same amont of money as I with only my high school diploma…it’s crazy that the inner city schools have a completely different way of teaching kids then the private schools…I feel education should be somewhat uniform across the board to give kids the best chance in making the best choice for their futures…the baby boomer generation and prior to that really hurt our economy in the long run with their greed and resistance to change which has put us in the position we are in today…all by design however………..

  • Joshua Harris April 10, 2012, 11:01 pm

    The best solution instead of college is entrepreneurship and business. Neither of which you need school for. Self-education through reading and studying in business subjects, is just as fulfilling as school, and its free!. I explain on my website drivenbyambition(dot)com