- Claim: College debt compared to what it was years ago is now becoming a scheme because of more students getting diplomas not getting the job they want and have tons of loan money to make up for.
- Reason: Getting into college is harder and harder so only joining a “good college” or “top 25 college” was a like a guarantee but very expensive.
- Evidence: The author Dale Archer who attended at Tulane back in the 1970’s its tuition, room, and board cost $2,500 per year. Now, it is up to $60,000!
- Reason: A college education ranks along with owning your own home as the foundation of an American Dream.
- Evidence: The median household income between 2007-2011 was $52,762 as universities cashed in at $36,300.
- Reason: The higher education system as a whole is broken and with the price of the diploma climbing each semester, it is quickly becoming a race to nowhere.
- Evidence: The national student debt with reach $1 trillion this year.
- Reason: Trade schools is alternative for school for a fraction of the cost.
- Evidence: A 2011 Harvard graduate school of education reports only 56 percent of students get their Bachelor’s degree within six years, and actually encourage high school teachers to persuade their students to consider trade school.