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Oliver on Student Loans/For Profit Colleges

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Tim Iacono
The Mess that Greenspan Made
Published : September 09th, 2014
130 words - Reading time : less than a minute
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Category : Opinions and Analysis

After watching this segment on John Oliver’s Last Week Tonight, student loans are sounding more and more like 2005-era mortgage lending and we all know how that ended.

I started watching Last Week Tonight early on and didn’t know quite what to think of it at first, sometime not watching it for days later (it’s somewhat timely), but I’m quickly warming up to it and now get to it much sooner in the week.

Some have called it, basically, a Daily Show/Colbert Report that’s done only once a week, but as discussed by Oliver during a recent round of interviews, they always take on one topic that, on the surface, doesn’t sound like it’s going to be very funny and make it so, the above clip being a good example.

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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Doom   9/9/2014 at 5:19 PM GMT
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Indeed, for-profit schools are pretty scummy, but publicly supported schools, in many, many, ways are little better. It's quite common in public schools, for example, to take people with the documented mental capacity of an 8 year old, and sign them up for a lifetime of student loans. You can google my blog under "Professor Doom" and "education" to get much documentation of what's going on.
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Indeed, for-profit schools are pretty scummy, but publicly supported schools, in many, many, ways are little better. It's quite common in public schools, for example, to take people with the documented mental capacity of an 8 year old, and sign them up f  Read more
Doom - 9/9/2014 at 5:19 PM GMT
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