[VIDEO] The scam known as College education in the USA!

[MenInG]

Just watched Hasan Minhaj on this topic and was absolutely shocked!

Have a watch and lets discuss.


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[Rayyman]

Ion even need to watch this video

I’m a junior in college and I already got 30K in debt from loans.

Hate my life

 

[JaDed]

Lol ,great show again, this season has been epic, he has literally exposed many broken systems in America!

That's why Desis just do Masters, its expensive but good job opportunities and easy to repay the loan, UG although lol.

 

[JaDed]

Ion even need to watch this video

I’m a junior in college and I already got 30K in debt from loans.

Hate my life

Watch the video to know where the money you pay goes..

 

[MenInG]

Watch the video to know where the money you pay goes..

University Presidents are bloody Millionaires, Tenured professors being let go, Adjunct profs working 6 jobs, Grad TAs being fired!

What is happening?

 

[sjahmed23]

It's a mess. Being an average US citizen means just paying debt that make the rich, richer. That's why immigrants who come here succeed they don't fall into the debt trap, they do their masters and go get good jobs.

 

[JaDed]

University Presidents are bloody Millionaires, Tenured professors being let go, Adjunct profs working 6 jobs, Grad TAs being fired!

What is happening?

Capitalism... everything is a corporation in America,if it's upto wallstreet even PostOffice will become private and unlike South Asia the govn sectors are not corrupt as such but just slow and don't make profit.

I would fault most of these issues to the repealing of Glass–Steagall legislation(separation of commercial and investment banking) by Bill Clinton, almost all issues that have happened since 1999.

 

[JaDed]

It's a mess. Being an average US citizen means just paying debt that make the rich, richer. That's why immigrants who come here succeed they don't fall into the debt trap, they do their masters and go get good jobs.

I know a couple of Indian American families that sent their kids to India to do UG..(it's not as good as American unis but still economically makes sense if no scholarship).

Most Indian parents in Gulf do that as well.

 

[Bigboii]

Doing my UG in a good state university no debt get around 2000 to 3000 in refunds and with a part time job can take care of myself properly

Just go to state university's and try to stay at home if you can't apply to tons of scholarships

Just don't get into private university's this will literally 90% end badly ,

It's all good just try to be smart about it and don't be like state university's are not good they are pretty good just do master's from private if you REALLY REALLY want to

 

[sweep_shot]

By the time I graduated, I had around $40,000 in student loan. I managed to pay back about half of it.

You need good money management skills to reduce/eliminate your debt.

 

[sweep_shot]

By the time I graduated, I had around $40,000 in student loan. I managed to pay back about half of it.

You need good money management skills to reduce/eliminate your debt.

I must say I didn't fund my education with loan only. I also worked and borrowed from parents (which I paid back also).

Point is, education is expensive but loan can be paid back if you work and have financial discipline.

 

[MenInG]

One of the Adjunct Professors is sleeping in her car as she goes between assignments - what sort of education can such people impart to students.

Someone told me that the President of NYU flies in a private jet when he travels to the middle east; University endowments are in billions of USD but money spent on scholarships is a small fraction!

 

[saeedhk]

It is shocking that tertiary education is so expensive in the US and Canada. Most of my secondary school teachers from North America said they were in Hong Kong so they could pay off their college debts!

 

[saeedhk]

By the time I graduated, I had around $40,000 in student loan. I managed to pay back about half of it.

You need good money management skills to reduce/eliminate your debt.

Canada is a wealthy country with a comparatively small population but how come tertiary education is not free?

 

[sweep_shot]

Canada is a wealthy country with a comparatively small population but how come tertiary education is not free?

It is free up to high school. It becomes expensive once you go to college/university.

I don't personally want it to be free (as it can increase tax) but they should reduce the costs for students.

 

[saeedhk]

It is free up to high school. It becomes expensive once you go to college/university.

I don't personally want it to be free (as it can increase tax) but they should reduce the costs for students.

That is pretty bad! Here in Hong Kong, tertiary education is free and there is almost no tax.

 

[Bigboii]

That is pretty bad! Here in Hong Kong, tertiary education is free and there is almost no tax.

and no freedom
Jk are you taking hostel fees into account cause if not than every state university is basically free here too

 

[saeedhk]

and no freedom
Jk are you taking hostel fees into account cause if not than every state university is basically free here too

Hostels are free too and yet the US is sponsoring terrorism in HK under the guise of freedom .

 

[ahsan17]

Capitalism... everything is a corporation in America,if it's upto wallstreet even PostOffice will become private and unlike South Asia the govn sectors are not corrupt as such but just slow and don't make profit.

I would fault most of these issues to the repealing of Glass–Steagall legislation(separation of commercial and investment banking) by Bill Clinton, almost all issues that have happened since 1999.

The modern era of neo-liberalism started under Jimmy Carter and Ronald Reagen. At that time, the supreme court of the US basically said money is speech, so you can donate unlimited amounts of money to politicians. Corporations and rich people started buying off politicians, and the result is what you see today. The politics in the US is aligned with what the top 1% want, not what the majority of Americans want.

 

[ahsan17]

It is free up to high school. It becomes expensive once you go to college/university.

I don't personally want it to be free (as it can increase tax) but they should reduce the costs for students.

Canada can make education and prescriptions free by increasing the top line marginal rate for income above a certain threshold (say, 5 million) to something like 60%. Then it needs to increase its taxation on capital gains, as currently only 50% of capital gains are taxed. Just make it 100%. A small wealth tax on wealth above 20 million should be considered too.

 

[Firebat]

Really shocking to see just how privatised and corporatised education has become in the USA. The whole system seems backwards. An economy that punishes the people that don't go to college so much more, so college education becomes an absolute necessity, allowing them to drive up the prices to whatever they like and keeping most of it, so the quality of the education itself is spiralling, and students suffer for decades. Ridiculous system.

 

[hamid.s]

Doing my UG in a good state university no debt get around 2000 to 3000 in refunds and with a part time job can take care of myself properly

Just go to state university's and try to stay at home if you can't apply to tons of scholarships

Just don't get into private university's this will literally 90% end badly ,

It's all good just try to be smart about it and don't be like state university's are not good they are pretty good just do master's from private if you REALLY REALLY want to

couldn't agree more. the state schools are very affordable and on par, if not better, than most private schools.

FAFSA/PELL grants, state grants, school scholarship should be able to cover most of the tuition/fees on state schools. anything more, you can take govt subsidized loans. you can also work part time during summer. if you are smart then its not too hard to walk away with very little loans.

but if you are from wisconsin and wants to go NYU Tisch and pay $55k just on tuition and room/board in NYC then you will rack up huge debt by the time you graduate.

 

[hamid.s]

but not to say that higher education system is not broken..Hasan rightfully exposed many of those. the colleges prey on the naive 17-18 year olds and its easy to think very short term at that age..

I regret going to a private uni for my undergrad. it was still in-state and so wasn't too bad with grants/scholarships. but I wouldn't recommend anyone else in my family to go to private ones unless its really reputable.

 

[Firebat]

How hackers extorted $1.14m from University of California, San Francisco

A leading medical-research institution working on a cure for Covid-19 has admitted it paid hackers a $1.14m (£910,000) ransom after a covert negotiation witnessed by BBC News.

The Netwalker criminal gang attacked University of California San Francisco (UCSF) on 1 June.

IT staff unplugged computers in a race to stop the malware spreading.

And an anonymous tip-off enabled BBC News to follow the ransom negotiations in a live chat on the dark web.

Cyber-security experts say these sorts of negotiations are now happening all over the world - sometimes for even larger sums - against the advice of law-enforcement agencies, including the FBI, Europol and the UK's National Cyber Security Centre.

Netwalker alone has been linked to at least two other ransomware attacks on universities in the past two months.

Read more: https://www.bbc.com/news/technology-53214783

 

[Firebat]

Lori Loughlin's daughter Olivia Jade sorry for admissions scandal

Actress Lori Loughlin's daughter Olivia Jade Giannulli has apologised for her family's actions in the college admissions scandal.

Loughlin and her husband Mossimo Giannulli were jailed after paying $500,000 (£374,000) to get Olivia Jade and her sister into university.

Olivia Jade told Red Table Talk she wanted to "learn from the mistake".

"I think what was important was for me to come here and say, 'I'm sorry. I acknowledge what was wrong,'" she said.

The 21-year-old gave her first interview to the Facebook Watch show, hosted by actress Jada Pinkett Smith, her mother Adrienne Banfield-Jones and her daughter Willow Smith.

https://www.bbc.com/news/entertainment-arts-55243617

 

[Birdman]

College education in the US is not as bad as people make it out to be. One can get a decent education if they plan it right. Kids now a days want to leave the home and go off on their own and get an education which is the reason for high cost.

Kids who don't want student loan should stay home and get an associate degree which cost 6000$ for 2 years and then go to a 4 year college in state which would cost about 12000$ for the next two years. If the student want to go to a out of state school to "experience college" then they will end up paying an arm and a leg.
Also, Florida has bright futures and if someone gets 25 on ACT they can get 75% for tuition and if they get 29 in ACT they can receive 100% tuition. Also there is Pell Grant for low income household. It's mostly private colleges that cost more.

 

[Slog]

US undergrad has lot of scholarship and grant opportunities for Americans if you look hard enough.

 

[Suleiman]

US undergrad has lot of scholarship and grant opportunities for Americans if you look hard enough.

You have to look very hard because many of them have condition requirements where it’s only for certain races, you have to be from a certain district, your father needs to be a farmer or whatever other condition.

It’s easier to find them on the graduate level though because then you are actually a worthwhile asset in your industry to a degree.

But basically you have to work just as hard or harder than you do in your studies to finance your education.

 

[Giannis]

US undergrad has lot of scholarship and grant opportunities for Americans if you look hard enough.

That's not true at all; only a small percent of any school's given student body actually gets scholarships and most don't qualify for grants. I do think international students are more likely to get scholarships for diversity and the whole "novelty" factor, like I know way to many people from Pakistan that got into Ive Leagues as opposed to Pakistani-Americans even if the latter are more qualified simply because getting an international student from Pakistan or another third world country has a "novelty" factor that a lot of colleges in America like + charging international tuition rates.

Vast majority of Americans don't get scholarships or grants unless they're like in the top percentile of their graduating class or have stellar test scores, extracurricular, and/or maybe excelled at a sport or musical instrument.

 

[Giannis]

You have to look very hard because many of them have condition requirements where it’s only for certain races, you have to be from a certain district, your father needs to be a farmer or whatever other condition.

It’s easier to find them on the graduate level though because then you are actually a worthwhile asset in your industry to a degree.

But basically you have to work just as hard or harder than you do in your studies to finance your education.

True, also a lot of the graduate international students have the option to TA which waives off their international tuition rate.

 

[Gharib Aadmi]

That's not true at all; only a small percent of any school's given student body actually gets scholarships and most don't qualify for grants. I do think international students are more likely to get scholarships for diversity and the whole "novelty" factor, like I know way to many people from Pakistan that got into Ive Leagues as opposed to Pakistani-Americans even if the latter are more qualified simply because getting an international student from Pakistan or another third world country has a "novelty" factor that a lot of colleges in America like + charging international tuition rates.

Vast majority of Americans don't get scholarships or grants unless they're like in the top percentile of their graduating class or have stellar test scores, extracurricular, and/or maybe excelled at a sport or musical instrument.

Alot of the Pakistanis coming from Pakistan are usually the cream of the crop students. Which is why they get into an ivy league schools.

All ivy leagues are private, so is the tution not the same for us citizens and internationals students?

 

[Gharib Aadmi]

US undergrad has lot of scholarship and grant opportunities for Americans if you look hard enough.

Scholorships if you are smart enough.

Grants if you are poor enough.

If you are an average student from a middle class family, you usually dont get much.

 

[JaDed]

I have been wondering about this, I never did any masters, but giving it a good thought right now as with work its hard to learn consistently.

I don’t think Colleges are a scam for STEM in US , if anything the stamp and alumni network help a lot for majority STEM

My only issue is Colleges haven’t kept up with AI course materials overall , and might not be worth it.