- 23 Mar 2017 22:29
#14789295
Wandering the information superhighway, he came upon the last refuge of civilization, PoFo, the only forum on the internet ...
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quetzalcoatl wrote:This bubble is different in that it was deliberately created by conservative legislators - it is basically a one-off profit extraction scam. Once the bubble deflates, the state university systems will be destroyed; that is a feature, not a bug. As part of the ongoing privatization project, state schools were revamped to become money-making profit centers. Large and risky loans to students and their parents were promoted with zeal. After the crash, state universities will face massive and nationwide cutbacks. An entire industry will be destroyed.
The insane idea that everybody has to go to college is an ingenious feature of the privatization scam. High School counselors funnel unsuspecting rubes into the system, and even help them fill out the loan paperwork. The kiddoes and their parents aren't really understanding that that these are not no-recourse loans. They will be paid back out of your tax returns and pensions. Not only will the students be impoverished, but their parents will be as well.
BTW, your friend and mine Betsy DeVos was one of the designers and major profiteers from this system.
BTW, your friend and mine Betsy DeVos was one of the designers and major profiteers from this system.
DeVos in 2001 listed education activism and reform efforts as a means to "advance God's Kingdom".[3][4] In an interview that year, she also said that "changing the way we approach ... the system of education in the country ... really may have greater Kingdom gain in the long run".[3]
@Scamp Bombing Mexico is the STUPIDIEST idea I[…]