Student Loans Are a Scam. So Is Debt “Forgiveness.”
Hey there friends! Below are the articles I read in preparation for this week’s video commentary. Enjoy!
Bloated or Beneficial? Harvard’s Growing Admin - The Harvard Crimson
Harvard University: From 2004 to 2023, the number of full-time administrators increased by 43%, while faculty numbers grew by only 11%.
Yale University: Between 2003 and 2019, managerial and professional staff grew by nearly 45%, outpacing the growth of the undergraduate student body.
Time Pricing Mark Perry’s Latest “Chart of the Century” - HumanProgress.org
Government makes things MORE expensive. Always.
What? So if I want to send my kids to a watchmaking school (we need more watchmakers) I won’t be able to use the 529 plan?
And don't forget that Higher Education also wants not only the student's money but their parents' money as well in the form of 529 savings accounts that can ONLY be used for Higher education tuition at "accredited" institutions. What a racket.