You Don’t Need Harvard or Columbia to Get a Good Education: Beck Breaks Down Student Debt Crisis
- Posted on May 21, 2012 at 6:37pm by
Tiffany Gabbay
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On his Friday evening broadcast, Glenn Beck reviewed the state of America’s education system and the staggering $1 trillion in student debt that is relegating an entire generation to indentured servitude.
Beck noted that by making entrepreneurship “a dirty word,” President Obama has exacerbated the situation for the country’s youth, who are seeing their life plans derailed with little to no job prospects. Curent statistics state that one in three graduates are now unemployed and if Europe is any indication, that figure could likely increase.
In both Greece and Spain the youth unemployment rate is now at 50%, with other countries in hot pursuit. Yet Obama is still considered a “rock star” in some circles, Beck marveled. “What has he doen to deserve that adulation?”
Worse still, the president promised students that he would reduce loan repayments to a mere 10% of one’s income with the debt to be forgiven in 20 years — 10 if a graduate takes a role in the government sector. Beck noted that the president’s declaration was essentially a bribe to garner votes and security for Obamacare. With 90% of undergraduate students having borrowed to attend college or university, they will be selling themselves into slavery, Beck noted.
Watch below as Beck hosts a panel of students and discusses the growing debt-crisis each are facing:
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TheSitRep
Posted on May 23, 2012 at 11:35amCollege is a super scam.
Maybe only 10 or 20% of the kids in college need to go except maybe to finish what they did not learn in high school.
Also college should be mostly online and very affordable.
Churning out legions of degreed idiots that were never college material was the genesis of the OWSers.
Report Post »blazingaway
Posted on May 22, 2012 at 3:02pmIt’s all a con game by pseudo academics and the Federal Government to control the minds of the youth and turn them into indentured servants, modern day sharecroppers and eventually slaves to the state. They will promise them debt forgiveness if they will join in the destruction of America and its Constitution for a new international order. If these colleges were required to hold the debt on it’s books then they would actually seek to educate people in such away that they will earn a living and repay their debt. But when the debt (risk) is sold off then the school is free (risk free) to teach anything they want to no matter how stupid, reckless and anti-productive it is. WE ARE SO “F”ed
Report Post »SCARED
Posted on May 22, 2012 at 2:03pmAlthough, I suppose some people are still convinced that certain “name brand” institutions are going to provide a better quality of education just like some people will only buy Sony or Samsung.
Report Post »SCARED
Posted on May 22, 2012 at 2:01pmWouldn’t it make sense to shop around for less expensive schools? Shouldn’t the free market drive competitive pricing?
Report Post »Melika
Posted on May 23, 2012 at 8:06amThat can’t work for a number of reasons. There are no longer (ever?) market forces involved with these places. Think of these as a form of the guild system, because they do. You pay to belong to them and they are granting you the honor of attending them. All colleges/universities fall into one of three price categories: community, public, private. In each category (with few exceptions), they are all about the same price. What differentiates them from each other is name (Yale) or program recognition (Perdue’s Vet Program). As a student, you are not considered a customer, you are an initiate. You have very little recourse to obtain a refund for money you paid for the service they fail to render. It doesn’t matter if the teacher is a fellow student (not a professional), an idiot, and can’t put his shoes on right, the college will consider their end of the “contract” fulfilled so long as he shows up to teach. The best a student can do is withdrawal from a class before a certain time for partial refund (rarely full) and hope to get someone different next time (not common). It sounds nice, but that usually doesn‘t work as it’s akin to paying a plumber for an incomplete job that must be restarted from scratch by another plumber at full price, which also delays all the other work you’ve contracted. Coupled with the government guaranteeing loans to everybody (many who are incapable of completing college), and you have a system that increases costs as desired with no accountab
Report Post »AndersonGary
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Report Post »AndersonGary
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Report Post »AndersonGary
Posted on May 22, 2012 at 12:57pmlike Roy explained I am in shock that you can profit $9709 in 4 weeks on the computer. did you look at this link (Click on menu Home more information) http://goo.gl/xmMtH
Report Post »staythecourse
Posted on May 22, 2012 at 1:56amThe Education component of the health care act is actually very powerful on so many levels. Students become indentured servants of the government. Since the gov. is the only source of student loans, their debt is owed to the government. Debt is reduced if you work for the gov. and so there is strong motivation to work for the government which will result in a brain drain from the private sector to the public sector. The sad part is that when you work in a gov job it has a tendency to kill the creative spirit in a person and so the most creative folks will be stiffled. Also what students dont realize is that the offer to be able to work for the gov and reduce your debt does not mean you will get anything like the job/career you want. When I graduated from nursing school students who had contracted with hospitals to work for them in exchange for school money were shocked to find that instead of nursing jobs they got nurse aid jobs at nurse aid salaries. Students need to realize that being told they can reduce their debt by working for the gov does not give any guarantees. Obama says they should get a house when they graduate. Students get a Frannie/freddie loan & now owe the gov for their house. Result: new version of old concept — indentured servitude working for the company store. A high tuition is sold as an acceptable life style — That is a lie. I cant help but wonder about the fine print is in all of these student loan contracts. Guess I just don’t trust the gov
Report Post »staythecourse
Posted on May 22, 2012 at 2:29amThe 2nd part of the education act is more frightening. The gov is moving into credentialing of schools & looking at school’s curriculums. If the gov doesn‘t like a school’s curriculum (ie doesn’t teach how to do abortions, or counsel LGBT “correctly”, or teach their version of ‘social justice’ etc) that school runs the risk of not getting ‘credentialed’ by the gov. The gov can then say they will not offer school loans to any school not so ‘credentialed’ by the gov and since you can‘t get a ’student loan’ anywhere else, that school will lose students & money. Also, gov now controls research monies. That same school will not get research grants & therefore will not be a draw for top notch professors. The same scenario is going to play out in grade schools. It is no coincidence that Gore one week says girls need to learn not to have babies in order to ‘save the planet’ and 2 weeks later MD says HS students will need to pass an environmental compatency test in order to graduate. I was left wondering what sort of propaghanda will be on those tests. Between the topics being required to be taught in schools by the ‘adult formation of children’ clauses in the health care act & new environmental compatency tests there may be many schools that will refuse to teach the gov hs curriculum seeing it as a violation of their religious believes. Will student’s diplomas from these schools be devalued & not be seen as sufficient to get a school loan to go to college? I have
Report Post »marybethelizabeth
Posted on May 22, 2012 at 10:41amStaythecourse. When the government spends taxpayer dollars it needs to make sure that the money is going to deserving sources and not anyone who rents a storefront and calls himself a school.
That is what is going on now.
The market forces can not correct for this if the market is almost completely government funded so there must be a way to weed out the frauds and crooks.
Scare tactics arguments like this come from the for profit higher education industry who don’t want to see their cash cow dry up.
Even with declining enrollmet these crooks are raking in the dough.
Report Post »AxelPhantom
Posted on May 21, 2012 at 11:14pmNever let your schooling get in the way of your education!
Report Post »marybethelizabeth
Posted on May 21, 2012 at 11:12pmThis is all not true.
Most of the loan defualts are from people attending for-profit higher education schools that are usually publicly traded. They have non tradiitional students. These are not the universities that most high school graduates attend. They are the schools you see and hear advertising on radio and television. They typically retain 30% of their income as profit. They spend more than that on advertising. Almost all, over 90%, of their students receive Pell grants.
The Federal goverment is subsidizing this industry that is spending only about a third of the money it receives on actual education.
Look up the Bridgepoint Education Senate hearings last year.
What is wrong with education is the capitalists ripping off the government and the unwitting consumers.
Report Post »colt1860
Posted on May 21, 2012 at 11:37pmI blame the government for giving loans to lazy, unwilling to work, undeserving “students” who are after easy credit, and on some deluded fast track to riches. No one can sit on their a55 for four years, have no real work experience, barely get by with B‘s and C’s in class, be partying most days, and then get mad after graduation because some company won’t hire them because they have no record of accountability, responsibility, being on time, being honest, or being respectful to others. Then we have the problem with illegal immigration, which has destroyed many summer jobs, and low paying jobs intended for students willing to work in order to earn money for school and gain some work experience for future references. Apparently independence and self-government doesn‘t mean much to today’s youth. Being free today, means to them, doing whatever you want and not facing any sort of accountability for your actions.
Report Post »Chevy Salesman
Posted on May 22, 2012 at 2:01amYou’re grossly ignorant of the market. First of all, profiteering is not a synonym for capitalism. Second, the “for-profit” colleges you despise thrive in our mixed-economy (not capitalist economy). Third, despite government assistance, students who apply at such colleges do so under their own will and are therefore responsible for their own decisions.
And by the way, profit is part of business plans. In your post you’re not concerned about the quality of the education the students receive, just in the profit that the educators make. Hmm… maybe if they were more selfless and relied solely on government funds instead of evil ol‘ profit they’d be as good as our public schools. lol
Report Post »marybethelizabeth
Posted on May 22, 2012 at 7:41amIdeology and theory are great but look at the facts.
It’s all about education.
There are going to be successes and failures
but
The facts are
Most students that go to 4 year colleges and universities are able to get jobs and pay off their loans.
Most students that go to for profit higher education schools like Bridgepoint are not able to get jobs that allow them to pay off their loans and default.
It’s a scam.
Report Post »All at taxpayer expense.
rpb48
Posted on May 21, 2012 at 10:59pmForty years experience in administrative positions at a number of universities and colleges has given me many opportunities to work closely with students. Based on my experience and observations, I can say that it doesn’t matter where a student goes to college. What matters is what the student does at the college.
Report Post »imsteph
Posted on May 22, 2012 at 7:49amAgreed and what and how they utilize that education…
daughter has gone to a local state university while living at home and working (for two years) two part time jobs…and she will be graduating a semester early with only about $6000 in loans…
she is a motivated and intelligent young lady and know that there are no limits to what is possible for her after school!
Report Post »Git-R-Done
Posted on May 21, 2012 at 10:58pmGoing to a trade school or a community college is a much cheaper route. Only go to college if you are going to major in math, hard sciences, engineering, or accounting. Otherwise it’s a waste of money and time.
I also can’t stand that universities force students to do two years worth of general education that have nothing to do with their major.
Report Post »drphil69
Posted on May 21, 2012 at 9:53pmRemember about a year ago the dept of ed sent a swat team, broke down a guys door, held him and his young son in a cop car for hours… because his estranged wife didn’t pay her student loans?
Can you say ghestapo?
BE PREPARED. and please, DONT FEED THE LIBS, THEY MULTIPLY LIKE RABBITS!
Report Post »SwordAndShield_ofTruth
Posted on May 21, 2012 at 8:46pmI smell a Paulbot. Smells like anti-semitism and irrational tin-foil fear.
Report Post »smg60user
Posted on May 21, 2012 at 8:30pmjust FYI, I had a FRAUDULENT charge from an online university 4 years ago, which refused to reply to letters or calls. The Dept of Edu was supposed to be my place to file complaint, and I just got my first reply in 4 years. It was from the IRS. They seized my ENTIRE IRS refund this year and gave it to the department of education, to pay for the “debt” of now government owned student loans. so are students slaves to the government – yes.
Report Post »soybomb315
Posted on May 21, 2012 at 8:09pmSomething like 60% of people entering college do not finish undergraduate degree within 6 years. Unless you kid has a good idea of what they want to do (and what it will take) – do not send them to major university
Report Post »HorseCrazy
Posted on May 21, 2012 at 9:28pmmy brother wasted 8 years doing nothing in college at my parents expense. he now works for me, on my farm. didn’t need an education for that. these schools are nothing but indoctrination centers. Unless you go in with a purpose to be a dr dds or some other certification there is no point in going. Go to trade school kids.
Report Post »marybethelizabeth
Posted on May 21, 2012 at 11:15pmEmployers look for college graduates because they have a large debt and will accept less money as they are desperate to pay their debt off.
Report Post »SIXFRIGATES
Posted on May 21, 2012 at 7:52pmJust finished a 4-year degree from Dixie State College of Utah. I‘d put any of my professors up against the ’elites‘ at the ’better’ institutions.
Report Post »lukerw
Posted on May 21, 2012 at 7:52pmSome time ago… the Best Colleges & Universities… had the Best & Brightest Professors. Now, Professors are known for their stance upon Social Issues… not their “professed” expertise in their Field. Too bad, the Lecetures of Einstein et al were not recorded for Modern Play Back… then, again, if they had been, we might not need so many “professors”!
Report Post »honor.asawayoflife
Posted on May 21, 2012 at 7:43pmNewly “educated” undergrads need to understand that knowledge and wisdom are two entirely different things and that college rarely has much to do with the latter.
Report Post »Individualism
Posted on May 21, 2012 at 7:21pmAlthough Obama is a bad president he is giving you some way out of the chains of the bankers, i don’t see **** romney doing anything about it. we shouldn’t have to pay interest when the fed can just print money or we could just spend money on education that we do murdering and killing people abroad.
Report Post »TRONINTHEMORNING
Posted on May 21, 2012 at 7:33pmRomney’s not prez yet, that‘s why he’s not doing anything about it. Also, you seem very liberal and confused.
Report Post »bullcrapbuster
Posted on May 21, 2012 at 7:45pmYep and murdering and killing unborn babies at home.
Report Post »Individualism
Posted on May 21, 2012 at 7:53pmhe has no plan or proposal to lower costs, he just cares about meat heads occupying other peoples country. not wanting to be in debt to the rothschilds is not liberal.
Report Post »mycomet123
Posted on May 21, 2012 at 7:19pmYou don’t need Harvard???????? I don’t know about that??? I kind of want to enroll in Harvard’s American Geography course so I can find out where the other 7 or 8 states of the 57 or 58 states we have in this fine country are located!!!!!!!!!!
Report Post »Godfather.1
Posted on May 21, 2012 at 7:13pmLet me get this straight, Glenn Beck, a former drug addict and alcoholic with no college education, now wants to lecture about college educations?
Report Post »progressiveslayer
Posted on May 21, 2012 at 7:33pmThere’s tons of college educated people in the unemployment line and we can thank the Marxist POS in the whit house for that,high unemployment rate etc.
Someone in media I can‘t remember who said Beck’s worth is estimated at 100 million,sounds pretty successful to me.
Report Post »progressiveslayer
Posted on May 21, 2012 at 7:35pm‘white’
Report Post »mycomet123
Posted on May 21, 2012 at 7:36pmLet me get this straight. YOUR AN A$$!!!!!!!!!!!!!!. What the hell does someones past drug & alcohol use have to do with ANYTHING & for that matter, what does going or not going to college have to do with someone addressing the issue of staggering college tuition debt!!
Report Post »Individualism
Posted on May 21, 2012 at 7:55pmhes just a person who got a lucky break by meeting the right people.
Report Post »SwordAndShield_ofTruth
Posted on May 21, 2012 at 8:49pmActually glenn has a college education: a semester at Yale and a degree in humanties from I think liberty college. So you’re an idiot on both counts
Report Post »SovereignSoul
Posted on May 21, 2012 at 10:50pm@mycomet123 “What the hell does someones past drug & alcohol use have to do with ANYTHING”
Some people might consider that a character flaw. Just a thought.
Report Post »SovereignSoul
Posted on May 21, 2012 at 11:02pmI don’t think an honorary doctorate from Liberty University counts.
Report Post »mycomet123
Posted on May 22, 2012 at 6:35am@SOVEREIGNSOUL, What some might view as a “character flaw”. others might view as an addiction from someone who needs help! If people are so shallow that they have to bring up PAST issues than we can start accusing everyone of their “character flaws” from the first grade on up. What doesn’t kill can make you stronger–if you let it, & obviously Glenn did.
Report Post »Godfather.1
Posted on May 22, 2012 at 3:54pm@SWORDANDSHIELD_OFTRUTH
Taking one class and then withdrawing is not the equivalent of a college education. His “degree” from Liberty University was honorary for speaking at their commencement. So, I was actually correct on both counts.
@MYCOMET123
As to comments about not bringing up others’ pasts, you should direct those comments to others on this site who don‘t do anything but bring up Obama’s past.
Yes, Glenn Beck is successful, he obviously has duped all of you into following his brand, but that has nothing to do with giving him credentials to speak about college educations.
Report Post »sillyfreshness
Posted on May 21, 2012 at 7:10pmNow wait a minute. Didn’t the Bolshevik savior Obama go to both of those universities? How can this be? I thought racism is rampant in the US and the white man is keeping da black man down? How can Oprah be the richest woman in America if she’s black? It is my understanding in our Bolshevik propaganda school system that young kids are being taught that slavery ended in the 60s (the 1960s). They are being taught that MLK freed the slaves in 1965. This doesn’t make any sense. How can a former slave go to Harvard Law School? How can a former slave be the richest woman in America? This just doesn’t add up. We need more communism, not less communism to help indoctrinate our young students.
Report Post »Tanner Smith
Posted on May 21, 2012 at 7:05pmBeware of the Educational Industrial Complex. Why should a engineering and medical degree as much as a liberal arts degree? Start with ending PH’d degrees. YOUR NOT A DOCTOR UNLESS YOU CAN CURE A CANCER OR MEND A BONE OR REPAIR OTHER VITAL ORGANS! I‘m not calling you doctor because you can recite a few more Blake Poems or memorize Shakespear’s Sonnets.
Report Post »Godfather.1
Posted on May 21, 2012 at 7:31pmIt appears that you could use a degree in the English language.
Report Post »Git-R-Done
Posted on May 21, 2012 at 7:56pmGodfather.1 – Apparently you need to realize that a government education doesn’t make you intelligent.
Report Post »UNHCoffee
Posted on May 21, 2012 at 9:28pmYou typically always make more money with a science degree (includes engineering) than a liberal arts degree (unless you go into politics and become a government employee). It’s akin to two students, when given the same money, one spends it wisely and long-term while the other unwisely and short-term.
Report Post »FromSeaToSea
Posted on May 21, 2012 at 6:51pmIt’s just funny money. People work all day everyday to pay for tree pulp and ink.
INTEREST IS THE INVENTION OF SATAN.” – Thomas A. Edison, Inventor
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