tv Documentary RT May 13, 2018 9:30am-10:00am EDT
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all students which is the most of any u.k. university or there was a percentage it's not the highest so those students are important to us for a number of reasons they bring diversity they bring different cultures they bring different backgrounds different ways of thinking our own students benefit from studying in an environment with students from very different backgrounds of course they also bring income to the university which is important the largest community is chinese students which make up just under forty percent of the total international student body and the crowds lining the streets around the university of manchester is it. china. or the president visited we knew it was really in. joining his visit the president meant university to nobel prize winners message board. not a sailor demonstrating the one grammy the thinnest lightest material.
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rise with. a stopping point. since the early ninety's chinese higher education is experiencing a spectacular growth. over the course of thirteen years the number of students grew from seven million to thirty five million studying abroad has become an absolute must for all the chinese new benefiting from the economic boom this year over seven hundred thousand young chinese studying somewhere in the world a four hundred percent increase in fifteen years and the trend is unlikely to reverse. a new business is multiplying worldwide. companies enrolling students in international universities. in terms of commercial office universe does in the u.s.
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u.k. and australia clinch first place. bond surety. purnell only started on a dollar for our twenty fifth this year and generally a picture she earned traditionally about your daughter. i know the once you are taught out where the bulk of your true since you wash your own i don't jim. but we are out of the jewish bankers and amount of. french made a difference but i shall have a bash with catherine ashton for a. soup. are. quick comparing our senora the others your life here and when you have a. single step i mean. that
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in all you should be called according to. their offer year. so if i thought that in your q.s. time in cash i would tell change that which i mean please post from issue. not all chinese students can afford studying in leading universities in those that truly matter not all students can afford to study abroad. most of them are enrolled in universities based in their home province they dream of a brighter future in stocks that is the shanghai or beijing hundreds of thousands now migrate every year to big cities. but the chinese economic system isn't quite ready to absorb all these young graduates. dong is one of them he studied bioengineering for four years in
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a college from his province today he makes a living from odd jobs he dreams of working in the film industry he belongs to this new class of people that are educated but poor. and your view is shall not all hold live bait you didn't mention. you either it didn't you do or oh no. they are only on the watch and they give you . any higher order down there and see they are all. going to hide it and chan you're here with son there and see you go try on the whole you. lead but you know how door and door to the harsher your home and your shemale change on the road choo choo play even though it's hundred ten the she's in the
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home for you. and she. you're a woman. and you heart's all that you're a me. and you were. born someone could get a woman on the p. and. then to the journey and i'm kind and you are you good called me i can you walk on them be around. to do a part of her i have been oh boy if. i only knew her before me you're quite quite enter your cheating in some cook i'll trash it with a dirty can in her or the dolls i remain yeah you moved your way to. being in the. rule one card you know hide your. room link or you know.
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that. despite disenchanted hopes of upward mobility china has no intention of slowing down the development of its universities it wants to become a key player of global higher education the us australia and western europe all covered this new market countless partnerships are entered into every year between china and foreign countries. the entire world has its eyes set on china and china has its eyes set on the entire world in two thousand and three tome university researchers developed the shanghai ranking the most media tightest the most controversial and the most followed ranking report worldwide
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a world ranking based on the number of nobel prizes fields medals and publications and scientific journals the united states clearly dominates the ranking among the top two hundred there are at least fifty american universities eighteen blish for french and four german. so i'm afraid international rankings aren't and i sound afraid because i absolutely hate but in some parts of the world in particular by all accounts it rankings a. strong. part in it for us of all of these. doors are on the president and off track is often up in the end and raking in sit what's your
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name. from the high have tucked it does rain can of gone from granted even for freddy. institutes your own dimension bill didn't mention the us i know my hero and i know of god you cannot miss it crowded mess and in the end of. this would you when you president got of the phone to not mention quality. to shower. and then mark just kind of. up. whereas the criticism is substantial there are a few years in university presidents resist this ranking grace the narcissistic offer is tempting be seen and be identified as the best and so countries increase university merges with an explicit objective build up the number of research labs
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multiply publications and accumulate awards they go climb the rankings in france the most representative projects settled in the south of parish eighteen of the country's top leading higher education research institutions grouped under a unique banner here lies the future pinnacle of french education and research the next french harvick to stanford or mit a poll of sheer excellence amidst fields of beetroot. the new table that you're on that you're a daughter. daughter. who knew it and. for the. challenges to cure. it. the. young lady was old for x.
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time or the only surely those despondent he's called on the other all. going only one week on any. we're sit by secular liberal. news force equal first going it's a dark seal not by the good form of been used to cost almost one like an assault on all the lower economic halls of it all down the stairs and sit on all the bottles. on the grounds all stopped it and. i sold all the big guy on the whole just ammonia early well we knew just if you were us like on banana. the french have other preoccupations besides rankings they need money more money france covered we envisioned land but the successive governments have found it unthinkable to shop the increased tuition fees it would be political suicide so
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hypocrisy rules paying programs gradually and in conspicuously being introduced in certain french university departments. at the forefront of the forthcoming marketisation prestigious institutions such as you all spoke paris or. have been authorized to introduce tuition fees these experiments are inconsequential for now but they are undoubtedly aimed to prepare for a change in the system one day or another. these between the global and rick long want to resit it because of order didn't wander. into. from say president and i'm glad and of they move on because of our debts we can forget this past year and does. because i'm to hold shoulders a bit on this basin so i'm going to shift it so i'm big business indeed don't survive of it or at least not as
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a home shaft to heed them through. what politicians do something. they put themselves on the line and they get accepted over and checked. so when you want to be president i'm sure. most somewhat of the rest of. the two going to be pressed to see what the four three in the morning can't be good that i'm interested always in the why not how. this should. the united states has always had tools to use and it's a tax on other countries. economic sanctions are are often just the beginning another thing you like to do is place some military
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pressure on the countries a talking about. and there has to be an effort to demonize that country and the leader of that country because. we have a responsibility for the hague. and we need to make rules for the rest of. those without us there would be. so what we've got to do is identify the threats that we have it's crazy for him to
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let it be an arms race off and spearing dramatic developments are only going to resist i don't see this as threatening will be successful very critical time time to sit down and talk. over the past decade a great many european asian and african countries have introduced during crease tuition fees in their universities. in the name of excellence prices go up a little every way nothing seems to stop the process and yet among the four honest some questions arise and for good reason. currently student students learn repayment that stands at around forty billion pounds a minute. that's going to rise around two hundred billion pounds by the middle of
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this century. at the end of two thousand and thirteen one year into the one thousand jewish and fee upon entry mission is called regarding the rising student debt. after several months of investigation in room fifteen of parliament the public accounts commission questions the public body in charge of student loan repayment. giving us realistic forty percent of the current money that goes up to students will never be collected at the moment that is at the top end of our estimates but it is not unrealistic ok so you don't quite know how you're going to fund it. well the longer term issue of lifting the cap the treasury announcement related in the first instance to potential sales from the future loan book the plan would be to sell transfers of the loads as
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a man you sell a particular tranche of debt the terms of compound terms and conditions upon which it is sold are as it were set in standard crystalized and the buyer of that debt buys them almost and that's it they don't change can we just be clear can we just be clear that the person buying the debt buys it on set terms and conditions that then cannot subsequently be changed by the new owner of the debt is that correct yes ok thank you. here in the u.k. the prospect of cutting the debt tranche is and selling it to private investors instantly brings to mind the disastrous mechanism of subprime loans that are shattered so many lives so many families two years ago thirty to forty percent of student loans remained on paper today it's reached forty five percent we're close to the tipping point at forty seven percent of non collected debt the university
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system and its nine thousand pounds yearly tuition fee will cost more to the english state than it did at the time of the three thousand. england seems to be engaged in a dangerous game. in the us the paying university system became widespread nearly forty years ago. today the student debt has reached a catastrophic point. during
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the occupy wall street movement handful of american citizens and research professors met with andrew ross professor at new york university the world's most expensive university. these activists goal was to fight the un bearable debt to weigh in on american citizens including the housing debt health debt and most importantly the student debt. the student debt problem and i have stated about one point three trillion in total and there are about forty million student debtors about eight million of those students are already in default meaning they're not paying out loans people can't imagine social goods or public goods in the united states it's unimaginable that you could have free education so there is a kind of normalizing of a of a i like to say kind of economic violence that people are used to and they just
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expect that that's the way that is that's the way it always will be the right to education has been supplanted by the right to access education loans. the imposition of that has had the overall impact of stifling optional political imagination of students because they're so highly and and they have to think about their future in very particular ways that are tied to their financial position and their financial survival in the future. and then movement tackles a huge market a for profit schools that have developed throughout the country in recent decades these schools do not target the elite of american students or the working classes poor families like you to believe in dreams.
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this is what the end of capitalism kind of looks like or at least you know a different kind of. state in the capitol with a sort of. was one everything we've been on all the jobs you know people are going to force to work together again. amy and christine are two young women from the detroit area who grew up in working families and who continue role in the country's
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high profile university which they still believed in the prospect of a better life like hundreds of other young americans they put their fate in the hands of private for profit education. no institutions this sector has grown by two hundred twenty five percent over the past ten years. america should be ashamed to even say that their education system is this way when we're supposed to be the best country in the world especially the richest country in the world but we are the richest country in the world for the rich but we're also the poorest country in the world for the poor in a way. before god knows. i mean streamline board there's a whole new category of people there now. extremely more rewarded. or is almost the new rich. and sad.
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when i was watching the television and seen that they could make my life better if i went to their school. soon as he has of the phone was hired how are you this is my name's terry winters i'm you know i'll be the one to answer any questions you have. so he basically asked me if i would be interested in coming out to the school and looking at the campus and seeing what programs i had to offer said that he was a graduate there that i should come check out the school when he walks through the school they have different things on the walls of jobs i could qualify for with the degree but they're not actually telling you the full details of everything and that they don't tell you that there's an arbitration clause that you can't sue the school whether individually or through a class action suit don't really know that you're getting into
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a predatory lending type of situation because they don't educate you to that they gloss over the financial aid it's very quick and you just initial and then you sign at the bottom. and then it was oddly he just asked you know i have a couple graduates that would like to come in and speak with you and you have an issue talking to some recent graduates and in my mind i'm thinking oh that's kind of cool you know i can actually talk to some people it went to the school you know see what they say about the school so young female and young male came in and for all i know it could have been the recruiters working with this recruiter. he came and they both came in and said that you know they found a job before they ever graduated the school placed them and that they're doing really well and they're not struggling paying their student loan baton life is just so much better now they have so many opportunities they can jump job a job they want a lot of these student advisers at these schools used to use on students to get
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them into an education. and this in document from a for profit college if i can find that shows all the people that were. going after welfare moms with kids relocation recent high school graduates career change of grades goes college freshman dropout physically mentally abused pregnant ladies recent incarceration rescind the forced drug ability should military active every tired dennet know future steam college credits two years low income jobs vocational rehabilitation living with multitude of families experienced a recent death living with parents experience recent birth of living with significant other empty nest syndrome hired by a recent marriage self-employed no benefits so they specifically targeted all
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these people for these type of loans that were subprime and very expensive for the education they received and that's just the the internet is filled with all kinds of stuff like this. my mom was extremely proud she'd like to brag to all of her friends like my daughter's a college and you know i never when she's doing less great things for her life. after enrolling i called my mom and i told her i want to chop out and she did not understand why and i was like mom you understand a school is a scam and she said i don't understand how can a school be a scam. i have a hundred four thousand dollars in student loans as of september two thousand and thirteen and there are only growing by the day.
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how long will it take before public european universities start charging twenty thirty or forty thousand dollars a year how long will it take for a lucrative private educational system to skid out of control like it is today in the u.s. everywhere around the world students are mobilizing can anyone out there hear them can anyone understand them they question our society our political choices what kind of world do we want to live in a world where the economy is at the service of man. or a world in which man is at the service of the economy.
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with all make this manufacture consent instant of public wealth. when the room in clusters to protect themselves. in the final merry go round be the one percent. we can all middle of the room sick. real news. across europe municipalities are taking their water supply back from private companies who feel intimidated people themselves with simple song alone events like company elsewhere though they invite private companies to take over their utilities anybody tell us drop off a laxness you guys you've got
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a book on the back of my because. this is us to quote them out of office of more use than both the left bill brought up locals are ready to stand up for the basic human right of access to water it's about water but it's also over much more than war it's about the hurt and the redistribution of. birds and their debt down wars we want all.
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it's reported the mom who carried out the starving in part a son someday was on the security forces watch list for his extremist views he was shot dead by police after killing one person and injuring several others utaka came down this road with his hands covered in blood holding a knife. among the stories that shaped the week european leaders refused until washington's line up the president trump abandons the iran nuclear deal and imposes new so you can use instead also ahead this hour. the two. protests continue on the.
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