Mercury Rising 鳯女

Politics, life, and other things that matter

The For-Profit College Welfare Scam: Minnesota Edition

Posted by Phoenix Woman on September 10, 2010

The student loan scam has over the past three decades been crafted to rip off students and put them in near-perpetual penury while the loan companies rake in huge profits.

Of course, one way to make sure the student loan scammers have a large captive market is by removing all other options. As Aaron Klemz of The Cucking Stool explains, the Minnesota Chamber of Commerce is heavily involved in making sure that Minnesota’s public colleges are starved of public cash, whereas for-profit institutions get increasingly massive amounts of public welfare money to prop up their profit margins at student and taxpayer expense.

Check out Aaron’s article. It’s eye-opening reading.

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