August 15th 2011
College Conspiracy Part One
College Conspiracy is the most comprehensive documentary ever produced about higher education in the US The film exposes the facts and truth about America’s college education system. ‘College Conspiracy’ was produced over a six-month period by NIA’s team of expert Austrian economists with the help of thousands of NIA members who contributed their ideas and personal stories for the film. NIA believes the US college education system is a scam that turns vulnerable young Americans into debt slaves for life. NIA tracks price inflation in all US industries and there is no industry that has seen more consistent price inflation this decade than college education. After the burst of the Real Estate bubble, student loans are now the easiest loan to receive in the US, and total student loan debts now exceed credit card debts. The government gives out easy student loans to anybody, regardless of grades, credit history, what they are majoring in, and what their job prospects are. NIA believes it is illegal for the US government to be in the student loan business because the US constitution doesn’t authorize it. Just like how the US government created Fannie Mae and Freddie Mac to make housing affordable, but instead drove housing prices through the roof; the US government, by trying to make college more affordable, is accomplishing the exact opposite and driving tuition prices to astronomical levels that provide a negative return on investment. The US has been experiencing 5.15 …
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