Obama moves to nationalize higher education



meh. while im no fan of the "stalinist agenda", thats for sure.. not too cool of those scummy bottom feeder ITT tech type schools that really do nothing but fuck ppl over leaving them with useless "training" and tons of debt.

i mean a $275 triple rebill with instant access to holistic learning + also special bonus work from home offer scams isnt even as bad as fucking people over with 10s of K's of debt, eh?

regardless, in before hellraiser
 
I have to agree with Noobs up there, this shit about "ZOMG EVERYONE NEEDS TO GO TO COLLEGE!!1!" is totally out of control. College is a great thing...for some people. Most of the people I know who went to college are now waiting tables and doing other shit jobs.

Maybe taking away some of the incentive will get the college cult thing under control. I dropped out of high school and I'm making more than most college grads, go figure.

And yes, the tech schools are really bad about this, I have one as a client.
 
Nemesis said:
@tainted
you are overreacting...
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well he's sure got a right to be pissed and i'll get to that in a little bit...

The industry's getting out of control - really that's the best way to describe it.. these "schools", sorta like a bunch of us wickedfire members, are becoming quite the conspicuous beneficiary of the recession ;)

but i mean percentwise the biggest classes at these places are for things like health care, computers and food service.. which don't even seem that meaningful in the least...

and to make matters worse, many schools exaggerate the value of their degree programs

creatives like
Make $124K a year becoming an FBI Agent
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Selling young people on dreams of middle-class wages while setting them up for default on untenable debts, low-wage work and a struggle to avoid poverty. Like i said before, I'm all for selling some sheeple some dream and making a quick couple bucks, but once you start getting into that boiler room type setup where you're setting people up to be seriously fucked later for profit is i think where I draw the line.

I guess what im saying is maybe some regluations to ensure that vocational schools that receive aid dollars prepare students for “gainful employment.” instead of just fucking them over. I mean hell, its my tax dollers at work, and theres a whole hell of a lot of that money out there. Someone should do SOMETING to make sure it’s being used effectively..

Not to say I havent messed with the EDU niche and made some good $$$ (and I know theres a lot of HUUUGE fish in that sector)

take Career Education Corporation (they're a fuckin edu GIANT in every sense of the word) they're publicly traded and did about $1.84 billion in revenue last year. About 80 percent came from federal loans and grants.

WTF?!Really? 80 percent of their revenue model is govt monies?? WOW

The PROBLEM is, these for-profit tech schools have proved to be really good at sucking up Pell grants, which are a centerpiece of the Obama administration’s quote "efforts to make higher education more affordable"


The administration increased financing for Pell grants by $17 billion for 2009 and 2010 as part of its $787 billion stimulus package.


So now they're backpedaling and trying to fix their fucked up spending... but im pretty sure they'll find a way to spend even more dollars on their "solution"
 
Valid points, but once the govt gets into something, they never get out. After they have served their purpose, they dont go away, they go deeper. Remember, student loans are now run by the govt. As of last year, the federal govt took over college scholarship programs. Combine the two, and you have to wonder what is really going on.

Just like the govt trying their hand at internet censorship and FTC stuff. That is just to get into the industry. Once in, they will continue to push more and more regulations - and always for the good of the people.
 
writtenstyle said:
Remember, student loans are now run by the govt. As of last year, the federal govt took over college scholarship programs.
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1. The tax dollars that the government uses to fund its student loan programs, in my opinion, should not be used to prop up banks' lending businesses, nor should it be used to prop up for-profit "institutions" that do little more than combine shitty vocational education and community college education. By running that directly, they're actually cutting down on overhead, and are (what a concept) actually able to do things more efficiently. Student loan funding should fully go to student loans - If that $20k/year "criminal justice degree" student took the same shit at a community college or state university, they'd pay a lot less, and the marginal cost of those schools taking on another student like that is pretty low.

2. The government took over college scholarship programs? Aside from Pell grants, which they've always run, they haven't taken over any private scholarship programs.
 
So you're saying I can't get a Pell Grant for my Internet Marketing Degree at DeVry anymore?! BUT THE AD PROMISED ME A JOB!
 
These school are FOR PROFIT.

Not saying they give much benefit since most people come out in debt and have a hard time finding jobs, but everyone is having a hard time finding jobs right now.

There are people with degrees from amazing universities who are graduating and having zero success finding legit jobs. So i'm not shocked people graduating from devry or ITT tech can't find jobs either.

Most AM don't care what the offers are if they convert so how are EDU offers any different? Are biz opps or rebills better? No way.
 
iPwnNoobs said:
i mean a $275 triple rebill with instant access to holistic learning + also special bonus work from home offer scams isnt even as bad as fucking people over with 10s of K's of debt, eh?
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plus wasted years of their lives and major resentment towards "the system"


many of these schools are cancer.
 
It's only affiliate marketer's faults for promoting lies like huge promises of huge salaries in 2 years of education. These schools are actually a good thing. Just last year my dad who's an IT engineer was taking classes at the University of Phoenix on the internet for a master's program, with his company paying for it. He would not have time to go to a B&M school part time. And I know countless people that have or are in the process of taking online classes, making their lives a lot easier. If a bunch of idiots with unrealistic expectations and poor work ethic get burned at the hands of a for profit online school, this doesn't seem like a legitimate reason for yet another thing that our ungodly and bloated U.S. Federal government needs to get in to. Just another power grab, when will it stop?
 
These schools are fine they provide a service and training but don't hold your fucking hand all the way to a 6 figure income. They provide you with the training you need to get starting in an industry where if you work hard and keep learning and take personal responsibility you can succeed. I find it sad that no one in this country seems to believe in personal responsibility anymore it's always someone else's fault if they fuck up their lives.

If there is lies in their marketing then that's where the problems are and that's where they should be addressed.
 
kingfish said:
These schools are fine they provide a service and training but don't hold your fucking hand all the way to a 6 figure income. They provide you with the training you need to get starting in an industry where if you work hard and keep learning and take personal responsibility you can succeed. I find it sad that no one in this country seems to believe in personal responsibility anymore it's always someone else's fault if they fuck up their lives.

If there is lies in their marketing then that's where the problems are and that's where they should be addressed.
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This +rep
 
kingfish said:
These schools are fine they provide a service and training but don't hold your fucking hand all the way to a 6 figure income. They provide you with the training you need to get starting in an industry where if you work hard and keep learning and take personal responsibility you can succeed. I find it sad that no one in this country seems to believe in personal responsibility anymore it's always someone else's fault if they fuck up their lives.

If there is lies in their marketing then that's where the problems are and that's where they should be addressed.
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best post in the thread
 
you guys are lumping all the schools together. some of them are straight up scams.
 
[ame="http://www.youtube.com/watch?v=yJl0XuDKSjc"]YouTube- Broadcast Yourself.[/ame]
 
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