They even come up with some number examples. So if you don't know...years ago the education system did a study and found that people with a degree end up making over a million dollars more over a lifetime than someone without a college degree...but that also being said this documentary came up with an example that shows its less money earned than that. Let me show you.
1, They state the average private institution cost about $27,000 for tuition
2, With the average college student finishing college in more than 4 years,
3, At 6 years of college with such a price, it would cost $182,000 to go to school and take out loans.
4, With that price, it would be about $61,000 in interest at 5.15%
7,
8, The 6 years in college times the $35,000 that person could have been making totals to $200,000 of missed out on income.
So by this point...they prove that going to college is counter productive lmao. They speak to professionals making $200,000 a year and them stating that a college education had nothing to do with their income.
All and all...this video was funny and made me laugh at the world. If anyone goes on to think they are right and college is not for you because its a scam...have fun living your life out with $35k until you're too old to work. Honestly, this video just sounds like a half a**ed scare tactic with some ulterior motives. It really used extreme examples and points to get across small things. Using big words and scary words to get the people watching into panic mode. But don't have too much fun watching it guys lol.
One thing they said that I agree with...because 70% of high school grads go off to college, you working on a college degree doesn't make you stand out or special...To me...its what you do with that degree that matters.
http://www.youtube.com/watch?v=VpZtX32sKVE <~Is it just me or do they talk about the NIA A LOT throughout the entire film. Then they ask you to sign up for their newsletter and become a member. A little fishy? No? lol. Sounds like someone wants some money here.
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