The $1.5 Trillion US Student Loan Debt Scam: Schools Get All of the Benefits and Avoid All of the Risk

image_pdfimage_print
US student loan debt stands at $1.5 trillion and cannot be erased through bankruptcy. The youth of America are captives to colleges and universities that hold a monopoly over credentials. A hundred schools have endowments worth over a billion dollars, and are essentially hedge funds that are attached to schools. The money from increased tuition has been spent on beautifying and expanding campuses and hiring more left-leaning administrators. Tucker Carlson suggests that schools should co-sign the loans so that they have a stake in student outcomes.

Related Post

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Global Warming

Bernie Sanders Unveils Massive $16 Trillion Green New Deal Plan

August 22, 2019 Breitbart 0

Socialist Bernie Sanders’ plan for a Green New Deal will cost $16 trillion, which amounts to $50,000 for each man, woman and child in America. Sanders’ plan promises to create 20 million jobs and reach 100% renewable energy for electricity and transportation by no later than 2030.

Classifieds

For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

2
Leave a Reply

avatar
2 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
Raymond Eaton Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Raymond Eaton
Guest
Raymond Eaton

I have been saying this for years. Universities in my area have gone on a building boom for the last thirty years on the backs of students with often useless degrees.When the fed’s took over college loans it took off on steroids.

trackback
Menaces liées à une dette exponentielle – The Final Wakeup Call – Français

[…] aucun revenu, ont accumulé des dettes énormes. En 2017, la dette d’études totale s’élevait à plus de 1 500 milliards de dollars, soit la deuxième source d’endettement des ménages après les prêts hypothécaires. Tous […]