12 Statistics That Prove That The U.S. Is Facing A Consumer Debt Apocalypse

In the entire history of the United States, consumers have never been in so much debt.  And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming levels.  In fact, some of the numbers that are coming in are even worse than we witnessed at any point during the last recession.  If things are this bad already, what are they going to look like once the economy really gets bad?  Because even though it appears that we are heading into a new recession, according to the Federal Reserve it has not officially begun yet.  That means that much worse is yet to come.  Just like last time, millions of Americans will likely lose their jobs, and without an income most of those that suddenly find themselves unemployed will not be able to pay their bills.  The stage is set for the largest tsunami of consumer debt defaults that this country has ever seen, and that will absolutely devastate major financial institutions all across America. (Read More...)

50 Actual College Course Titles That Prove That America’s Universities Are Training Our College Students To Be Socialists

What in the world are they teaching to our young people?  As you go through the list of college course titles below, I am sure that many of you will be completely shocked.  Most parents assume that they are sending their children to college to get prepared for their future careers, but the truth is that a lot of our major colleges and universities have become little more than indoctrination centers for progressive thought.  Our college students are literally being systematically trained to be socialists, and it is working.  According to a brand new Harris Poll that was just released, 37.2 percent of all Americans “prefer living in a socialist country”.  But for Millennials and Generation Z combined, that figure is 49.6 percent.  That means that essentially half of our young adults want to be socialists, and that has enormous implications for the future of our society. (Read More...)

19 Things That All High School Students Should Be Told Before They Go To College

Don’t you wish that someone had told you the truth before you went to college?  Don’t you wish that someone had told you that college has become a giant money making scam that is designed to drain as much money out of students and parents as possible?  Yes, college can be a profitable endeavor if you pick your field of study wisely, if you can get someone else to pay for at least some of it and if you can actually get a good job in that field when you graduate.  But most high school students are never told to weigh the pros and the cons before they run off to college.  The typical high school student is simply told to get into the “best school” that he or she can and to take out whatever loans are “necessary” to pay for that education.  Our high school students are assured that those student loans will be paid back easily once they get “good jobs” following graduation.  But the truth is that there are some other things that high school students should be told before they go off to college as well.  They should be told that student loan debt can cripple them financially for decades.  They should be told that the quality of education at most U.S. colleges and universities is a total joke.  They should be told that most college graduates do not get a “good job” once they graduate these days.  They should be told that after they receive their diplomas they are likely to end up flat broke, waiting tables and living with their parents. (Read More...)

24 Facts That Show How Ridiculously Unfair Our Economy Is For Americans Under The Age Of 30

If you are an American under the age of 30, you have probably figured out by now that the entire economic system is stacked against you.  The way that our economy is structured today is ridiculously unfair to younger Americans.  First, we endlessly push our young people to go to our ridiculously expensive colleges and universities where the pile up enormous amounts of debt.  Then they get out into the real world where they find that only a handful of really good jobs are available for the vast army of college graduates entering the workforce.  Sadly, most of the jobs that our young people are working these days do not pay enough to be able to support a family or buy a decent home.  Meanwhile, our politicians are busy mortgaging their future.  Our young people are expected to support a Social Security system that will not be there when they get older, and every single day more than 2 billion dollars is added to a debt that will hang around the necks of younger Americans and their children for the rest of their lives.  If you stop and think about all of this for too long, your head might just explode with anger.  Well, not literally, but you get the point.  The truth is that this is going to be the first generation in U.S. history that is going to do significantly worse than their parents, and that is a terrible shame. (Read More...)

35 Shocking Facts That Prove That College Education Has Become A Giant Money Making Scam

College education in America is a bad joke.  Instead of preparing the next generation of leaders for the jobs of tomorrow, the college education “industry” has become a giant money making scam.  We constantly preach to our high school students that they “need” to go to college and we tell them to not even worry about how much it is going to cost because a college education is “always” worth the money.  Then we lend them outrageous amounts of money so that they can pay the gigantic bills for the “education” that they are receiving.  But the truth is that the quality of education at America’s colleges and universities is absolutely abysmal these days.  I spent 8 years at U.S. universities, and most of the courses that I took could have been passed by the family dog.  Sadly, once our young people graduate they quickly discover that there are way too many college graduates and not nearly enough good jobs.  Today, we have millions upon millions of young Americans that are enslaved to student loan debt for the rest of their lives.  They were promised a bright future, but instead most of them are discovering that they are going to be working really hard to pay off financial predators for decades to come.  Unfortunately, for most college graduates a diploma is simply a ticket to a crappy job and a lifetime of debt slavery. (Read More...)

Welcome To The Real World 2010 College Graduates – Nobody Wants To Hire You

This is the time of year when hundreds of thousands of young Americans graduate from institutions of higher learning all across the United States.  This horde of fresh-faced young Americans is full of knowledge and ambition and is ready to get good jobs and start living the American Dream.  But there is only one problem.  There are not nearly enough good jobs for them.  In fact, there have not been nearly enough good jobs for college graduates for a number of years.  As a result, record numbers of college graduates are moving back in with mommy and daddy and are taking jobs as Wal-Mart greeters, Chinese food delivery people and video store clerks.  But it is tough to blame them when the job openings simply are not there.  It is hard to describe how depressing it can be for a young person to send out dozens of resumes day after day and not receive a single positive response.  The reality is that the real world is a lot different from the safe environment of college.  In fact, 2010 college graduates are finding out that the real world can be downright cruel. (Read More...)