
Student Debt: Last Week Tonight with John Oliver (HBO)
About this video
John Oliver covers student debt and the for-profit colleges that push students into it, including Corinthian-style schools and ITT Tech. It is a segment from Last Week Tonight.
Why it appears in the archive
HN mostly references it in passing when student loans and predatory colleges come up, with one commenter recommending the veterans benefits section.
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From the Hacker News discussion
Assuming you're serious and not just a shill: [VIDEO] Watch that to the end (or at least the end of the veteran benefits bit), and then get back to us.
Read original comment ↗Isn't this the same college John Oliver criticized recently for their "quality education"? [VIDEO] "We went to the museum of Scientology for our psychiatric rotation"...
Read original comment ↗I've been a bit busy but here it is. (BTW: is there a way to get HN to notify you when someone comments?) I will be talking about [VIDEO] Student Debt. 1:11 Student debt is bad because they will sue you in court. : Well of course they will. Its not like they can take away your car if you stop paying your debt. 3:30 Why did student loans increase so much? States slashed funding for higher institutions causing colleges to increase tuition. : Or maybe because more people are eligible for student loans. Having the government back student loans is linked to the increase in tuition according to this: [LINK] 5:16 Students at for profit schools account for 31% of student loans having just 13% of the students. : Does anyone expect a private company meant for people with few options to be cheeper than ivy league schools that offer on average $40,000 of aid per student? I don't have sources but I would imagine that the 13% most expensive car sales would account for around 31% of car sales. 9:00 Looks at one specific program at itt and says that it has an 8% employment rate and 25% didn't graduate: There is / was (I don't know if it is over yet) a lawsuit against itt and the plaintiff claims that the employment rate was around 50% [LINK] . Also, what do you expect from a college that excepts anyone who can pay? If they graduated everyone than their credibility would be worse than it already is. Any place that accepts anyone will have a low success rate (eg. Hollywood and start ups) And t
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