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Old 06-04-2013 | 09:38 PM
  #250  
ShyGuy
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Joined: Dec 2005
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Originally Posted by gloopy
Big Ed is not only a scam but one of the most toxic, devistating and unsustainable debt bubbles brewing on the horizon today. Most degrees for most people aren't worth nearly what they cost and a great many of them are worthless even if they were free. 6 figures for a public library reading list with a side guarantee of little to no job experience and an added bonus of a 4 year time capsule preservation of the high school mentality/maturity plus alcohol and pre-aprooved credit card offers.

College used to be where people went who had a plan. Now its the place to go when you don't have a plan. And an entitlement no less!

Of course there are some degrees for some people that will truly pay off. Some fields that still have a solid ROI. The ranks of companies auto-preffing degrees will probably shrink and airlines will likely be among those. Keep in mind though that, for a while, even at airlines where degrees aren't required, that doesn't mean it won't at least help a little to have one, and you have one anyway regardless. Kind of like TPIC. Very few airlines require it, and they all hire some pilots with little to none of it, but it always helps to have some.

For now.
Student loan debt in America? 1 trillion. That's trillion with a 'T'

And it is the only thing in bankruptcy you can't get a shake on.
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