25 Oct 2022 4:02 pm
The student loan scheme was conjured up by JEWS in finance. They wanted to hypothecate a bunch of loans and sell them to naive 18 yr olds + well-meaning but equally naive parents to 1) make money 2) create more debt slaves.SJConspirator » 31 Aug 2022, 12:09 am » wrote: ↑ reform should include 2 things (at least)
1. Make student loans dischargable in bankruptcy, like any other debt. This would prevent lenders from bundling bad debt and reselling it (which creates horrible economic problems). Lenders would think twice before approving student loans, they might make an effort to put pressure on universities to teach MARKETABLE SKILLS. Indistinguishable debts are akin to slavery.
2. Schools should be forced to offer courses and study majors that are useful to society. This is easily traced by what occupations are projected to see job growth. Data analysts for example, take high level math and statistical courses. Chemists and pharmacists are needed. Gender studies majors are NOT NEEDED, and no bank should be loaning students money to take **** courses.
As for your #2, I have 2 objections:
#1: Schools ALREADY OFFER courses/majors that are "useful to society"
#2: SATURATION
Pharmacy is saturated. Software engineering at the entry level ( < 2 years) is saturated. Civil engineering is SATURATED. Petroleum engineering (which only a small % of college attendees can even muster the intellectual capacity for) is highly cyclical/often SATURATED. Business/marketing is SATURATED.
Pretty much everything is SATURATED unless you're doing some weird, niche, or advanced **** like...creating robotic workers to cook for restaurants. And to reach that level of intellect requires many years of studying/experience which clearly 97%+ of students are incapable of.
(Yes, this is where you hope for an actual plague...not the FAKE scamdemic...to kill off 20% of the population so you don't have to compete against 50 other people for a **** *** job/corporate WAGE SLAVERY position)
Just because you TRAIN a bunch of people to do "useful things" doesn't mean those JOBS will be available. You can confirm my "saturation" argument by simply looking at how WAGES for these occupations haven't moved at all in the past 20+ years despite COL skyrocketing. Look at how prices haven't moved and you can immediately deduce how saturated everything is.