May 13, 2011
Colleges Deceiving Public with Myths and Hoaxes
The National Inflation Association's eagerly anticipated must see hour-long documentary being released on Sunday, May 15th, 'College Conspiracy', will expose college education as the largest scam in U.S. history. NIA's latest special video 'The Day the Dollar Died' has now surpassed 1,750,000 views in less than six months, averaging over 10,000 views per day. NIA considers 'College Conspiracy' to be its most important and informative economic video ever produced in history.
'College Conspiracy' will debunk many myths, including the belief that Americans with college degrees earn $1 million more in lifetime income compared to high school graduates without a college degree. The most important basic fact that most Americans don't understand about 4-year colleges is that most Americans spend 6 years attending them before graduating. With U.S. tuition inflation for private colleges averaging 5.15% over the past half a decade, assuming this same rate of tuition inflation continues, a college with tuition of $30,000 today will have tuition of $38,563 in the sixth year a student attends it. In 'College Conspiracy', NIA analyzes the total cost to attend college by factoring in not just rapidly rising tuition expenses, but also the interest payments on student loans, and the lost income that college students would have earned if they worked at an average entry-level job that doesn't require a college degree.
NIA's investigation has determined that the organizations that helped create and promote the $1 million in additional income myth, included General Equivalency Diploma (GED) recipients as being high school graduates. The truth is, GED recipients are not real high school graduates and they are being used to unfairly skew down the average income of high school graduates without a college degree. This has the effect of artificially inflating the amount of additional lifetime income that college graduates earn over high school graduates. 'College Conspiracy' will show the real numbers that never get discussed in the mainstream media.
The college-industrial complex has created not only myths, but outright hoaxes, in order to scam American students into becoming indentured servants for life. Three years ago when 15 new pharmacist schools were about to open in the U.S., the college cartel bribed economists to come out with phony research reports showing that the U.S. was experiencing a huge shortage of pharmacists. The reports said that 150,000 new pharmacists would be needed in the U.S. by 2020 due to the aging babyboomer population and a huge boom in 24-hour pharmacies being built nationwide. Today, NIA is receiving reports of pharmacies on the east coast receiving 300 applications for each new pharmacist job opening.
As NIA will show in 'College Conspiracy', the value of a college degree today is close to zero, with some degrees being more worthless than others. One of our many expert guests in 'College Conspiracy' is Gerald Celente, editor of The Trends Journal at http://www.trendsresearch.com. According to Mr. Celente, colleges are handing out "degrees in worthlessness" in social studies, philosophy, art history, women's studies, minority studies, foreign affairs, public administration, corporate management, and marketing. Instead of getting deeply into debt and wasting many years of your life to obtain a "degree in worthlessness", NIA believes more Americans should seek to become an apprentice under someone who is highly qualified and experienced in their field of interest.
All parts of the college education industry are saturated with corruption, yet students and their parents still fail to realize that college administrators no longer care about what is in the best interest of their students. One segment of the college education industry that is perhaps the most highly enriched with corruption is the textbook business. In a high tech world of Kindles and iPads, there is no reason for students to be spending $200 each on eight new textbooks each semester. The information should come free with the cost of tuition.
Twenty years ago, $200 was enough to buy all of the required textbooks for an entire year of college. If the free market was allowed to operate, there would be a vibrant market for used textbooks and $200 would still be enough to purchase a year's worth of textbooks. However, in what can be described in no other way than collusion, colleges today are accepting kickbacks from book publishers to force students to buy "custom" textbooks that are created for that specific college. Some of these custom textbooks include special codes inside that students need in order to do their homework online. Each semester, the book publishers release new slightly revised versions of each custom textbook. This makes old textbooks practically worthless and steals from the wealth of students.
We need to begin teaching our youth from a very early age that the key to having a successful career is not attending college, but is thinking outside of the box. Since it is now possible to acquire used college textbooks for practically nothing, instead of getting deeply into debt to attend college for a degree that is worthless because everybody else has one, students should acquire college textbooks in the field of their choice and begin reading them. Students who are motivated with a strong desire to build a successful career can self-educate themselves. Most college professors failed to make a living in the field that they teach, which is why they became professors. Therefore, students are not missing out on anything by not having a professor there to teach them the same information they can learn on their own.
High schools in America have become nothing other than infomercials for higher education. All across the country, high schools have been eliminating shop, home economics, and art classes. Any type of class that teaches students how to produce something real and tangible is apparently not good enough to be a part of high school curriculums anymore. NIA believes high schools went in the completely wrong direction. Instead of eliminating classes that teach very important lifelong skills, high schools in the U.S. should be adding classes that teach the basics regarding plumbing; electrical work; sewing; computer, television, and cell phone repair; and construction. Students who gain these basic skills will be best positioned to perform valuable services during hyperinflation that can be exchanged for goods or other services.
Not only do high schools waste students' time by teaching them courses they will never need to have knowledge about in the real world, but colleges force students to take courses that have nothing to do with their major. There is absolutely no rational reason for a student majoring in electrical engineering to be required to take classes in history, humanity, sociology, and economics. It is because of these worthless courses that it takes some students six years to graduate college and learn what they could have learned in just one year of self-education. Instead of getting deeply into debt for five wasted years, self-educated students can be working at an entry-level job during those five years where they accumulate valuable work place experience.
Although many Americans are spoiled nowadays and consider entry-level jobs to be beneath them, NIA believes Americans need to realize that with or without a college degree, they should be happy, grateful, and appreciative to have any job in today's economy. The fact of the matter is, 60% of college graduates since 1992 are now employed in positions that the Bureau of Labor Statistics (BLS) considers to be "low skilled". Meaning, for the majority of college graduates, they didn't need their college degree to get the job that they have today.
NIA's President Gerard Adams is in regular contact with the CEOs of over one hundred large multi-million dollar corporations and only about a dozen of them are hiring at this time. Of the dozen or so companies that are hiring, 100% of them are choosing who to hire based entirely on their experience and passion for the work that they do. None of them care one iota about whether or not the applicant has a college degree. Shockingly, several CEOs recently told Mr. Adams that in today's world, those who didn't attend college are actually more likely to stand out from the crowd.
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