Four Views to the College Conspiracy Essay

1067 Words Feb 19th, 2013 5 Pages
Jasper Enal Essay 1
Rebeca Board Liljenstolpe
January 28, 2013

Four Views to The College Conspiracy In May of 2011 a video by the National Inflation Association (N.I.A) surfaced on YouTube gathering over two million views and opening the eyes of people to the American college system. According to the producers of this video, "College is the largest scam in US history!" Is college a worth-while investment? Is it just a way for the government to stimulate the economy? Are college degrees really a necessity in performing on the job? All of these questions have been asked and answered with both yes and no. Four writers with different views on this matter have written up articles concerning this issue. While
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Different statistical evidence were then used. Once financial aid was taken into account, the average net tuition of public four-year college were approximately $2000, a lot less than what most people presume the cost to be. A recipient of a college degree makes 83 percent more than those with only a high-school diploma. Citing the Hamilton Project, a research group in Washington, an investment in a college degree has a 15 percent annual return, 8 percent more than stock investment, and 14 percent more than in real estate. On the other hand, article three, by John Stossel disagrees with the potency of a college education in the working world. He starts the article with examples of successful non-degree holders, Michael Dell, Mark Zuckerberg, Bill Gates, Mark Cuban, Richard Branson, Simon Cowell and Peter Jennings. Stossel then shares his opinion that for many people, college is a scam. He then states the opinions of his Fox Televison partner Richard Vedder. Sharing similar view points, Vedder reasons out that students who do well in college often did well in high school, even though most students, even those who did poorly in high school, are pushed into college. He then asks as to why colleges accept the lower-tier of students and answers that question by stating that government loans ensure students are able to pay for college, even at the risk of long term debt, which fuels the academia. Giving out some statistics to
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