How the fuck did college costs explode so much in the past decade or two? It was never as high as it is now...

How the fuck did college costs explode so much in the past decade or two? It was never as high as it is now, I hear about people from my high school stupidly going $60,000 in debt for libarts and business degrees.

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US Gov now backs all student loans reimburses the academic institutions right away 100% meaning they can take the worst while the banks who collect the loans from the students get to rape them for life.

this is why Trump to Make America Great Again needs to end this practice of the Federal Gov backing all laons so schools go back to taking the best not the worst.

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boomers

>why is education so expensive
>why is medical care so expensive
>why are legal costs so expensive
Because they are all jewed up so they are big business now for making lots of shekels, and to hell with providing education, medical care and justice for goyim.

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When I started uni, it was $1600 per semester. Three years later it was nearly $3000.
How people didn't burn down city hall blows my mind. Actually, it doesn't. Look around. The middle class aren't paying attention to anything beyond their bubble. Middle class America are the dumbest dumb fucks in the entire world.

Everybody is willing to pay whatever it takes, so golly gee, they take it.
How come we never hear (outside of Jow Forums) about greedy college admins screwing over poor vulnerable students? How come it's now the taxpayer's responsibility to fork over whatever ransom these lazy fucks who preach hate for America and whipipo demand?

>universities used to charge way less
>somehow that's your daddy's fault and not the fault of universities for overcharging people on tuition and books and shit

those high costs are only for useless basedboy humanities degrees
i pay 800 per year for my mechanical engineering masters currently

Because now a student can borrow any amount of money to pay tuition?

It's not just in the U.S, University fees tripled in the UK in the past few years and it's likely to rise again soon.

Gotta pay for dem programs for dem minorities

Back when I was in school, there was a "Truth and Propaganda" class headed by a quirky based old man named Randal Marlin. He brought up what he believed to be disturbing news one day. He said that the enrollment documents and general legal info regarding students had changed all mentions of "student" to "customer". Unsurprisingly he went on to talk about the reality of higher education transitioning to a business, rather than a means for scholarly knowledge.

Loved that class.

FAILURES of SOCIALISM.......

In my university only half of the costs go to tuition. The other half I kid you not go to fund the endless organizations that promote faggotry, do talks about gender equality and diversity on the auditoriums, put their pro Islam shit right outside of the church, plaster posters all around the campus about some transfaggot talk, and orders dozens of pizzas a day to feed these organizations.

No you didn't

Every millennial got the idea that they could get a degree and be handed a high paying job, so supply and demand lead to high tuition and a job market full of equally qualified applicants

School loans not being able to be discharged in bankruptcy proceedings. This exception makes giving student loans a better bet on credit than other items than can be forgiven with bankruptcy. Student loans started to be given out like candy after this. Students use it like a 4-5 year credit card and the loan companies love it. The loan companies hook the dumb students living the high life for 4-5 years. The schools got into the act and started jacking up prices since it was easier for students to get money. The loan companies and schools feed each other. It is a big scam.

Simple math.
>government wanted to push higher education
>highereducationoryoullflipburgersyourwholelife.exe
>government guarantees loans to anyone who wants to go, regardless of credit score
>a whole generation buys the message. gets loans now, care about paying it later because government makes it easy to pay it back meme
>colleges realize free money flow and tuitions have no reason to be low anymore

Bingo

The Global Jew

This.

Also, student loans are the only loans that can not be discharged, even in bankruptcy. So tuition keeps rising, and they will lend you any amount of money, even for a worthless liberal arts degree.

jews

If you haven't experienced it yet go to the campus of a big university and find the first year physiology class. It will be a giant auditorium that seats over 1000. It will be packed, and they will hold back to back lectures of the same class all day, every day of the week. It will be ~20,000 students all paying $20,000 a semester to sit and listen to something they can find on youtube. How this is considered normal really boggles my noggin.

it didn't, the value of dollar went down

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Are you morons so dumb that you dont even know how much minimum wage was when tuition was that low? Inflation is a bitch and y'all need to read more.

As if they're the bad ones for a dumbass thinking College is worth paying for a worthless liberal arts degree.

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jews user. It's always been kikes and their banking system. Same goes for the housing market and pretty much any other way of borrowing money from their greedy little claws. Shlomo will never let you live in peace as long as their is a way for him to get your hard earned shekels.

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Colleges lobbied Congress to make student loans government backed. Enrollment was down, so they did the same fucking thing they did to credit cards, houses, and cars. Gave away loans like candy, getting everyone an interest bearing debt around their necks like a yoke.

It was all that HELOC and refi money floating around. It drove up the price of housing, food, muscle cars, vintage guitars, vinyl - it was a spending frenzy at all levels. Why do you think Black Friday exists?

Colleges got in on that sweet, sweet heloc money, got loans backed by the Fed (which are sold as investments like mortgages), campuses now have huge infrastructures and more professors and teachers and everyone but the students are fatter and happier.

It's the fucking boomer, dude. They've destroyed EVERY FUCKING THING.

I got into college before this shit started, I paid my own way at a state school, working part time and full time over the summer. Impossible to do now. And my degree is actually worth something, most kids graduate now and can barely read or write. But they had a cool Spring Break!

If the government has the ability to print money then over time they will do so.

Every paper currency in history has failed in the end and so will the dollar.

Also immigrants often come to study as a way to worm their way in.

>muh inflation

Adjusted for inflation, tuition in the 1950s was $700 in today's money.

If that graph is correct, that's really interesting.

Why did the value of the US dollar go down? Why does the federal reserve keep printing out money that is virtually worthless? Who are the people that are running the federal reserve and who are they supporting at every turn whilst undermining the host nation they claim to be a part of?
Every single time it's the jews.

Oh, and another thing that happened, was after the crash of 2008, when all the corporations were laying off people, the Fed and States supported "retraining" programs so 40 and 50 years olds who got laid off could go get a new degree (or just get into a holding cell for 4 years while they hoped shit got better.) They all dropped out or graduated, so they needed to fill those seats, because professors are NOT taking a pay cut.
So...new degrees! Women's studies! Climate studies! Gender studies! Multimedia degrees!

Plus, corporate America needs to keep those stock prices high, while reducing payroll and benefit costs, so now jobs that used to require a high school diploma, and they'd train on the job, now require a 4 year degree.

My uncle raised a family of 7, with no degree, working as an electrician for ConEd. Trained on the job, union, bought several houses, paid for college for a couple of the kids, and retired fat and happy. Just in time to see his grandkids graduate high school and realized they're utterly fucked. I think he was happy he died a couple of years ago, he just got quiet and depressed.

>priced in gold

fucking mong

the usd is not useful as a measure of value overtime because it's value is not independent of time. Gold is the best measure of value as all things value degrade relative to gold making it the value datum.

the central bank debases the usd by consumer price index so that its population can never stop working

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That's why it's interesting ya fuckin dropkick.

no it's not because the value of gold fluctuates massively in USD due to speculation

Student loans are a federal quantitative easing strategy, along with mortgage backed securities. The universities are state jobs programs.

Not rocket science.

Because you can only buy gold with USD amirite?
Take your memeflag off cunt.

you're probably so new you don't remember when Jow Forums didn't have flags, consider reddit, it's a more suitable place for you

Shit if you could discharge them in bankruptcy I'd file for it tomorrow. It'd be off my credit report before the loans got paid off anyway.

Keep hiding faggot

>But they had a cool Spring Break!
this is basically what college has become. government financed socializing.

Yes. Who cares about the goyim

They're just sub-human cattle to be milked

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>population can never stop working
Yes. American goyim exist only to serve Jews as slaves. Goyim were only born to serve us. Without that they have no place in the world. Only to serve the people of Israel. Why are gentiles needed? They are only here to work. They will work, they will plow. They will reap. We will sit like effendi and eat. That is why gentiles were created.

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My student loans were forgiven when I was declared disabled due to sperging.