Your College Education Might Be A Better Investment For Goldman Sachs Than It Is For You

[Skwmom]

When is someone going to start talking about ALL the ways Goldman Sachs and the other crooks are destroying this country?

One successful for-profit education investor is finance giant Goldman Sachs. Following the collapse of the U.S. housing market, the firm saw a new investment opportunity in the form of a 43% stake in Education Management Corporation, the company behind schools like Brown Mackie College, Argosy University and The Art Institutes.

When Goldman Sachs was announced as one of EDMC’s new partners in 2011, the Huffington Post reported that the move allowed Goldman to secure itself a means of tapping into the boom in for-profit higher education.

At the time, enrollment at for-profit colleges was expanding as consumers sought to alleviate the impact of a declining economy by returning to college. The federal government supplied prospective students with billions of dollars in aid, money that for-profit colleges and their investors were happy to take.

https://consumerist.com/2014/04/24/your-college-education-might-be-a-better-investment-for-goldman-sachs-than-it-is-for-you/

[Press Virginia]

1. Kids need to choose their degrees based on the job market and

business trends.
too many kids are getting degrees that don't prepare them for actually getting a job.
and far, far too many are ignoring the cost cutting that can be done by using local community colleges as a means to get most of your required, non major related, classes done while deciding on a major.