Student Loan

63 Percent Of All U.S. Jobs Created Since 1990 Have Been Low Wage Jobs

If you have a good paying job, you should probably try to hold on to it as hard as you can, because those types of jobs are steadily becoming rarer.  Since 1990, the U.S. economy has produced millions of jobs, but as you will see below nearly two-thirds of them have been low wage jobs.  Of course this is one of the biggest factors causing the systematic erosion of the American middle class.  Today, half of all U.S. workers make less than $33,000 a year, but meanwhile the cost of living has been steadily increasing.  Housing costs, health insurance and other basic necessities have been rising much faster than our paychecks have, and this has put an enormous amount of financial stress on hard working American families. (Read More...)

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...)

Global Inequality Explodes: 26 Ultra-Wealthy Billionaires Now Have As Much Money As The Poorest 3.8 Billion People

If you add together all of the money owned by the poorest 3.8 billion people living on this planet, it would roughly equal the wealth controlled by the 26 wealthiest men in the world.  Oxfam has just issued a brand new report on global inequality, and what they have discovered is making headlines all over the globe.  The rich just keep getting richer, and meanwhile the slice of the pie owned by the poor just keeps getting smaller.  Today, almost half the world lives on less than $5.50 a day, and approximately 795 million people “do not have enough food”.  And even in a “wealthy country” like the United States, the gap between the rich and the poor is the largest that it has been since the 1920s, and more than half a million Americans are homeless right now.  This growing inequality is a ticking time bomb, and at some point it is going to explode. (Read More...)

Vampires, Zombies And ‘Hooking Up’: 37 Examples Of Real College Courses That Are Almost Too Crazy To Believe

You just can’t make this stuff up.  All over America we push our young people to get good grades so that they can get “a college education”, but then once they get through college many of our young people are completely unequipped to deal with the real world.  Personally, I spent eight years at public universities, and I can tell you that the quality of education that our college students are receiving is a complete joke.  Especially on the undergraduate level, almost all testing consists of either true/false, multiple choice or fill in the blank questions.  Students learn very few useful skills at our “institutions of higher learning”, and many of them leave school barely even able to function in society. (Read More...)

18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The United States

Student Loan DebtThe student loan debt bubble in America is spiraling out of control, and it is financially crippling an entire generation of young Americans.  At this point, the grand total of student loan debt in the United States has reached a staggering 1.2 trillion dollars, and an all-time record high 40 million Americans are currently paying off student loan debts.  Just when our young people should be planning on buying homes and starting families, they find themselves financially paralyzed by oppressive levels of debt.  What makes all of this even worse is that only some of our college graduates are able to get the “good jobs” that we promised them.  So with limited job prospects and suffocating levels of debt, this generation of young Americans is increasingly putting off major life commitments such as buying a home and getting married.  As a society, we really need to rethink how we are “educating” our young people, because what we are doing now is clearly not working.  The following are 18 sobering facts about the unprecedented student loan debt crisis in the United States… (Read More...)

29 Shocking Facts That Prove That College Education In America Is A Giant Money Making Scam

College Graduates By Kit from Pittsburgh, USACollege education in the United States has become a cruel joke.  We endlessly push our high school kids to invest tens of thousands of dollars and at least four years of their lives to get a college education because they won’t have any sort of a “future” without it.  So they sign up for decades of debt slavery and spend years listening to pompous windbags fill their heads with utter nonsense.  The sad truth is that most college courses are a total joke and they do very little to actually prepare those students for the real world.  I know – I attended public universities in the United States for eight years.  Most college courses are so easy that the family dog could pass them.  When they finally graduate, our young people discover that they were lied to all along.  The promised “good jobs” are not there for most of them, but the huge debts that they committed themselves to will follow them around permanently.  When you are just starting out and you are not making a lot of money, having to make payments on tens of thousands of dollars of student loan debt can be absolutely crippling.  This is why I say that college education in America is a giant money making scam.  Our young people are seduced by the idea of college being a five year party that will provide an automatic ticket into the middle class, but the reality is that the only guarantee is that it is a ticket to serfdom unless you have wealthy parents that are willing to foot the bill for you.  And bankruptcy laws have been changed to make it incredibly difficult to get rid of student loan debt, so once you have signed up for student loan debt slavery you are basically faced with two choices: either you are going to pay it or you are going to die with it. (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...)