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Dear Class of ’13: You’ve been scammed

Posted By yihan On May 19, 2013 @ 3:35 am In Money Watch | Comments Disabled

Brett Arends
Market Watch [1]
May 19, 2013

No one else is going to tell you this, so I might as well.

You sit here today, $30,000 or $40,000 in debt, as the latest victims of what may well be the biggest conspiracy in U.S. history. It is a conspiracy so big and powerful that Dan Brown won’t even touch it. It’s a conspiracy so insidious that you will rarely hear its name.

Move over, Illuminati. Stand down, Wall Street. Area 51? Pah. It’s nothing.

The biggest conspiracy of all? The College-Industrial Complex.

Consider this: You have just paid about three times as much for your degree as did someone graduating 30 years ago. That’s in constant dollars — in other words, after accounting for inflation. There is no evidence that you have received a degree three times as good. Some would wonder if you have received a degree even one times as good.

According to the College Board, in 1983 a typical private American university managed to provide a bachelor’s-degree-level education to young people just like you for $11,000 a year in tuition and fees. That’s in 2012 dollars.

Full story here. [1]


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URLs in this post:

[1] Market Watch: http://www.marketwatch.com/story/dear-class-of-13-youve-been-scammed-2013-05-17?link=MW_popular

[2] Dear Mainstream Media, We Think You Might Want To Cover This…: http://www.prisonplanet.com/dear-mainstream-media-we-think-you-might-want-to-cover-this.html

[3] Dear Media: America Doesn’t Want Your New Race War: http://www.prisonplanet.com/dear-media-america-doesnt-want-your-new-race-war.html

[4] Dear Southern Poverty Law Center and Department of Justice: http://www.prisonplanet.com/dear-southern-poverty-law-center-and-department-of-justice.html

[5] Dear Mr. Adams, there are things we don’t talk about in the natural products industry…: http://www.prisonplanet.com/dear-mr-adams-there-are-things-we-dont-talk-about-in-the-natural-products-industry%e2%80%a6.html

[6] 95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs: http://www.prisonplanet.com/95-percent-of-the-jobs-lost-during-the-recession-were-middle-class-jobs.html

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