Real world they're forced to be narrow-minded and teach with worthless information that will never help their students have successful careers today there are no high schools left in America that teach students the knowledge necessary to start their own business invent their own product or even how to use the internet and other free resources to become educated about things without attending college the annual cost to attend the average private 4-year college in America today is $27,293 of 29% from 5 years ago during the 2005 - 2006 school year when the annual tuition cost $21,235 this does not include the cost of textbooks which have tripled over the past decade colleges are now charging $200 for each single textbook that has no resale value because they put out new slightly revised versions with a new name each year the textbook Publishers are even colluding with college bookstores to make some textbooks so the students can't save money by buying them online colleges are getting kickbacks from Publishers in order to destroy the used textbook Market which by itself is proof enough the college administrators are only interested in lining their own pockets and have no interest in helping their students certain kind of brain to understand the dead language that they write to text me but they brainwash refurbished it up buy into the system can you get good grades and you study hard when you become a member of total system Note 3 how to think because it told you how to think their way College tuition has seen 5.15% annual price inflation over the past five years this is despite the fact that you as real estate prices are down 26% from their peak in July of 2006 and the Dow Jones is down 18% from its peak in October 2007 even oil is down 38% from its peak in July of 2008 during the financial crisis of 2008 Americans lost 10.2 trillion dollars in paper wealth and college is the only thing in America besides the cost of healthcare they did not at least Temple rarely decline in price has made it impossible again when I was a kid it wasn't 11:30 and say we're planning and putting money away to your education because it's going to cost us thousand dollars and we have to keep putting that money away so that when you graduate not only will you not pay his back you're not even going to get a job over just a two-year period from December of 2007 to December of 2009 8363000 jobs in America were lost or 6.1% of total job one year later in December of 2010 thanks to the Federal Reserve in the u.s. government spending 4.6 trillion dollars on bailouts stimulus programs and other government spending 1.1 to 4 million jobs in America or .9% of total jobs have been recovered that is over 4 million dollar spin for each job created as we move into deeper into this Great Recession that we believe as inflation continues to Skyrocket the reality of the Great Depression it's going to be there passport to the Future college degree vs what is that body and I love them in Italian the mentality is this that corporations businesses won't hire a person unless they get a degree not me he'll think I beat the energetic and you love what you do have a passion for so many different way that's really just regurgitate with me being told and that's all it's come to regurgitate my downturn when Americans are losing their jobs their primary instinct is to seek higher education in order to make themselves more attractive to potential employers and better position themselves to receive a job however how are Americans supposed to spend $20 per year for college when they have no savings created the real estate bubble by providing mortgages to all Americans to Fannie Mae and Freddie Mac regardless of whether or not they had any capacity to pay the loans back has been using the exact same easy lending practices to create one of the largest bubbles in US history College bubble college students borrowed 106 billion dollars in total student loans for the 2009 - 2010 school year from 96 billion in 2008 to 2009 94 billion in 2007 2008 87 billion in 2006 to 2007 and 83 billion in 2005 to 2006 total student loan debt in the US currently stands at 830 billion dollars at and now exceeds credit card debt tell a patient to put anybody through what I've been through in my case yet so I'm better off going to work it Freddie Mac drove housing prices through the roof and made buying a house impossible for most Americans unless they took out no money down teaser loans with interest rates that substantially increased after a year to the US government how many college with mortgages before they even buy a house what graduated from my undergraduate degree and $300 in student loans that I owe $300 you know you can buy two cups of coffee and a meal at the Student Union. He got out of school you got a job and therefore you bought a house because culture drives you to buy a house so now you're in bed you have to work now you have to be part of it the wage slave economy for the next twenty or thirty years, has to pay all these days, just a new house and you don't even get the house soon as you get out of school your indentured for Mike which is better taking out a loan to pay off I'm $36,000 in debt and I have paid and close to 100,000 right now they say I owe $300,000 so I still have quite a bit obviously manage anymore and I've done everything I can to try to manage it but becomes unmanageable just hurting for one of the lungs to heal loan was a long and when that default
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