The Small Engine Shop
Training => Small Engine & Motorcycle Repair Schools => Topic started by: smallengineshop on April 22, 2025, 06:08:25 PM
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Avoid getting heavily in debt to go to school. Why? Because the only reason banks are willing to loan so much money to so many students with no credit to attend school is because laws have stripped student loan borrowers of all rights, turning them into debt slaves. In other words, you can't get out from under these loans unless you pay them off or you die. I can't think of a better example of slavery and usury in modern America than the student loan scam allowed to happen by bad politicians to make the already wealthy even wealthier.
Take a look at the tuition sheet for Universal Technical Institute, Avondale campus in Phoenix, Arizona. This school is growing, but their entire business model is based on student ability to get government backed student loans. The cost to learn Automotive repair is now $45,000 at this school. The amount of students who can't afford to attend this program without government backed student loans must be as high or higher than 99.9%. Sorry, but this school couldn't exist in it's present form without student loans. You can't blame the school for making money, but you can blame the politicians and banks for allowing this to happen.
This entire scam can't continue. The amount of money borrowed by students just keeps growing and it's now in the trillions of dollars. At some point something is going to break, and I'm willing to bet it's the tax payers and not those who profited from it (politicians, schools and lenders) who will get the bill.
Tuition Chart for Universal Technical Institute, Avondale Campus 2025. Click image to enlarge:
(http://www.thesmallengineshop.net/pics/forumContent/uti tuition_small.jpg) (http://www.thesmallengineshop.net/pics/forumContent/uti tuition.jpg)