Student Debt: Last Week Tonight with John Oliver (HBO)

LastWeekTonight1 HN recommenders · 2015–2017
14.1M views · commentary · dated · Uploaded 2014-09-08

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.

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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3 comments from Hacker News

@TeMPOraL2015 · in “Students refuse to pay back loans to failed for-profit college”

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"...

@Sir_Substance2015 · in “Why I Defaulted on My Student Loans”

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.

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@mejin2017 · in “FCC Moves to End TV-Newspaper Ownership Ban”

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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