The College Conspiracy
The National Inflation Association (NIA) presents this powerful, intelligent, and fact packed documentary primarily focused on an illusion that U.S. children and adults are being fed daily. They call it the “College Conspiracy”. However, by its well researched and fact based comparisons this amazing, must watch film manages to give anyone a crash course in economics.
“College Conspiracy” states that from the 6th grade, or more likely from kindergarten as from personal experience with my 7 year old, you are taught that the key to success is to do well in high school in order to get into a “good college”, because if you get a degree from a “good college” you will be able to get any job you want! Most Americans today have been brought to believe in the illusion that future economic success will come simply by obtaining a college degree. Moreover, they may have also bought into believing that if they do not go to college they will be on a one way street straight to nowhere!
In the film, Gerald Celente, Editor for the Trend Research Institute, states that educational institutions are not teaching people to think, but rather what and how to think. He goes on to state that when he is hiring he is not interested in a person’s degree rather, he wants to know if the person has a mind, can they think for themselves, are they energetic, and do they have a passion for what they are doing. These are qualities that are not easy to come by anymore. Trillions are spent on education but the quality of life in America is declining. Today, college debt is at over $830 billion in the U.S., exceeding that of credit card debt.
When schools are failing to equip students with creativity and tools for real life situations, much less start up a business and inflation has made it impossible to pay for education, this film forces us to ask ourselves, if education is the key, then how does one cover the exorbitant cost of education?
In the US Government’s attempt to make college more affordable, they have managed to accomplish the exact opposite. However, the US Government backed by the Federal Reserve, using the exact same easy lending practices as they did in the mortgage industry through Fannie Mae and Freddie Mac, is handing out loans for education with no regard to your ability to repay. With the rising cost of tuition, by the time you graduate with your “valuable” degree you are immediately forced into the wage slave economy, becoming an indentured servant by means of your college debt.
If that is not enough to burst your college bubble, national reports indicate that since 1992, 60% of college graduates were working in positions that are considered “low scale”, or not requiring so much as a high school education. In fact, 20% of new waiter/waitress positions since 1992 have been filled by college graduates. One of this nation’s greatest myths is that college graduates make more money than those who do not graduate college. The myth goes: college graduates will make $1 million more over a lifetime than those who only graduate high school. This is based on a false and misleading study that leaves many factors out of the equation, for example, they do not take into account the cost of college education nor potential loss of wages during the 4-6 year period during which one is in school.
The mainstream media working hand in hand with the U.S. Government and educational institutions has spread this propaganda far and wide. The film illustrates, with real life examples, the manipulation and fraud taking place to misinform people into buying into the myth. One major law school has reportedly admitted to placing graduates to work in their admissions group at the time employment placement rate surveys were being conducted.
You will take a ride through real life situations and statistics that are undeniably proving that the higher education scheme is headed for the same “bust” that came to the mortgage industry. With the government’s involvement, as usual, the free market has been destroyed. And the NIA does a wonderful job of exemplifying how it was accomplished in this eye-opening documentary.
The college industrial complex is a racket, just like war is a racket. People are learning more about economics from the NIA than in all their years of study. Some people are preparing for the collapse of the U.S. dollar and the NIA suggests that people invest in buying gold and silver for the day the dollar becomes completely of no value. However, I agree with Ron Finley of L.A. Green Grounds who states in his TED talk from February 2013 that, “growing food is like printing money”. Not only growing food but other skills that would be sought after, should the greatest depression in history come to fruition as has been prognosticated by many, such as clothes making, engineering, constructing, etc. would be of great value. By developing these skills one could barter with others to obtain goods and services.
After watching the film, do you agree that the college industry is headed for a “bust”? Further, what are your thoughts on the best possible way to prepare for a great depression, should it be headed our way?