Academically Adrift Archives

How Higher Education Became an Obscenely Profitable Racket That Enriches the Few at the Expense of the Many (Student Debt-Serfs)

By Max Keiser and Stacy Herbert Posted on May 10, 2017 Posted in Aggregated No Comments Tagged with Academically Adrift, debt-serfs, Headlines, student loans

“Legal” rackets have two essential components: a public-relations “cover” that obscures the racket and the mechanism that extracts the wealth from the “marks.” The Higher Education Racket qualifies on both counts: 1. The PR cover is “you all need a…

The Problem Isn’t Student Loans–It’s Higher Education

By Max Keiser and Stacy Herbert Posted on October 17, 2015 Posted in Aggregated No Comments Tagged with Academically Adrift, accredit yourself, Headlines, higher education, student loans

Everyone understands soaring student debt is a problem: burdened with $1.3 trillion in student loans, young people are unable to start businesses, buy homes and start families. The high cost of housing and meeting regulations to launch businesses add additional…

Tag: Academically Adrift

How Higher Education Became an Obscenely Profitable Racket That Enriches the Few at the Expense of the Many (Student Debt-Serfs)

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The Problem Isn’t Student Loans–It’s Higher Education

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