Stossel 2015 05 29 The College Scam WS SDTV x264-XAiO torrent

John F. Stossel is an American consumer reporter, investigative journalist, author, libertarian columnist, and former co-anchor for the ABC News show 20/20. In this show he looks at consumer-focused topics, such as civil liberties, the business of health care, and free trade.

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THE COLLEGE SCAM

Friday at 9PM ET on FBN

MY TAKE: Congratulations Class of 2015! You probably wasted up

to $200,000.

IS COLLEGE NECESSARY? People talk about the importance of college. Politicians encourage people to get a college education. President Obama proposed making community college "free". Sen. Bernie Sanders wants to make tuition at four-year public colleges and universities "free"! But "free" just means taxpayers pay. Why should they? Should everyone go to college? No! For a lot of students, college is a scam.

ARE YOU SMARTER THAN A 5th GRADER? Do college students get their money's worth? I quiz recent graduates of expensive, top level colleges to see if they answer questions that are part of today's 5th grade curriculum.

Here's one question a lot of people get wrong:

During which war did Francis Scott Key write The Star Spangled Banner?

a. Revolutionary War

b. Civil War

c. War of 1812

d. World War I

Most people assume the answer is A. But it's actually C.

COMMENCEMENT ADDRESSES: I weigh in on the best and worst commencement addresses of 2015.

THE COLLEGE ALTERNATIVE: Peter Thiel pays people NOT to go to college, to start a business instead.

GOVERNMENT LOAN SCAM: Government's student aid has created a tuition bubble. The price goes up because government pays. Some colleges spend that money on things like rock walls, and a "Day Spa."

Friday at 9PM ET on Fox Business Network

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