Friday, January 13, 2017

Student Debt Doubles Since 2008...”Fake News” Spins It

By Professor Doom

     My blog’s only been around a couple years now. When I started, student debt was under a trillion dollars…now it’s more like $1.4 trillion dollars. Our higher education system has been transformed from a system of education and research for humanity, into a system of massive wealth transfer into the pockets of higher education administration.

     Months ago, ZeroHedge released a collection of charts, based on seldom published government numbers, showing that the often published government numbers detailing the wonders of the US economy are rubbish.