tv Documentary RT July 20, 2018 1:30pm-2:01pm EDT
1:30 pm
and the largest community chinese students which make up just under forty percent of the total international student body. the crowds lining the streets around the university of manchester visit. the president visited we knew it was. during his visit president. matters. not to say. me finished like just material. right. since the early ninety's chinese higher education is experiencing a spectacular growth. over the course of thirteen years the number of students grew
1:31 pm
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 in rolling students in international universities in terms of commercial office universe does in the u.s. u.k. and australia clinch first place. pushes bond surety. for all the nice idea that offer out what you think is just out of a. gurn traditionally been through the water. and even once you are taught out
1:32 pm
where the bulk of your true since you wash your own i don't jim. we are we are looking to ship back to her home and her amount of. french made it into the toilet i shall have a bash with catherine ashton for a. soup. are there so. quick comparing arson yada yada is your life here and you have not. seen the step i mean. that in all you should be called according to. rougher year. so i thought that in your career i mean how shall we tell things out what should i mean please post strong issue. not all chinese students can afford
1:33 pm
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 starts 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 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 pull. your. shell know the old live bait you didn't mention are your uncle.
1:34 pm
you know i do every think you do or hour in the day for me 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 house and home and you're sure maybe change on the. play even though it's a hundred or two on the she's in the hunt for you in a discussion and she. you're a woman. and you heart's all that you're a me. and you were. once i'm good you're a woman and the pain and. pleasure
1:35 pm
they pull the journey and i'm kind and your ego called me i can you walk on them be . to or to do very hard. oh boy if. you are the foam in your ear why you're a cheat and some cook out the trash or do their dirty come on her or the dolls i didn't mean yeah you moved your way to. being in the. rule one card you know hide your. room in car you know. 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
1:36 pm
covered this new market countless partnerships are entered into every year between china and foreign countries. and. the entire world has its eye set on china and china has its eyes set on the entire world in two thousand and three tome university researchers developed a shanghai ranking the most media tightest the most controversial and the most followed ranking report worldwide a world ranking based on the number of nobel prizes fields medals and publications in scientific journals the united states clearly dominates the ranking among the top two hundred there are over fifty american universities eighteen blish for french and four german.
1:37 pm
so i'm afraid international rankings aren't and i sound afraid because i absolutely hate them but in some parts of the world in particular by all accounts it rankings or show how. strong the. us of all of these. sized doors on the president and off track is. up till the end i'm raking in sit with your one and. only from. the high have tucked it does rain can of one for even. institutes your own dimension bill didn't mention the others i know my dear fellow and i know about
1:38 pm
you come on this crowded mess and in the end the fog when it was would you when you visited got of the phone to not mention quality. to shower. and vent about just kind of an. up. whereas the criticism is substantial very 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 multiply publications and accumulate awards they go climb the rankings in france the most representative projects settled in the south of paris eighteen of the country's top leading higher education and research institutions grouped under a unique banner here lies the future pinnacle of french education and research the
1:39 pm
next french harvick stanford or mit a poll of sheer excellence amidst fields of beetroot. the new table that you're on that your daughter. daughter. knew it. for the. challenge. to cure. it. yes. there was no ex time or. he's called on me at all. leveling on me when he. we're sick bicycling. seal not. on. falls of a thong don't sit on all the bottles. goes all stopped it i know be.
1:40 pm
sold or to. go over on the just in one year early we need just before. the french have other preoccupations besides rankings they need money more money france coverage we envision planned but the successive governments have found it unthinkable to sharply increase tuition fees it would be political suicide so hypocrisy rules paying programs gradually and in conspicuously being introduced in certain french university departments. at the forefront of the forthcoming marketisation christie just institutions such as xians pro paris or. have been authorized to introduce tuition fees these experiments are inconsequential for now
1:41 pm
but they're definitely aimed to prepare for a change in the system one day or another. to try to. long only resit its boy because of org didn't wonder how bridge in the if were going. from says president i'm glad and of own image was doomed use of our guts were to come forward and this person does the exam to horse should boodles bisan so i'm going to shift to i'm big business in them bill don't survive of it or at least not of the shaft do you them. just like affairs of the brakes and versus the u.s. policies for supply will trade south our topcoats of the global trading environment
1:42 pm
with the ability within. leverage america's got a leverage in that economy and you can reshape the global economy they can eat you can a went against the e.u. with no leverage they have a zero leverage against the e.u. therefore they've lost tragically against you and their colleagues being marginalized and isolated as a result of it they completely mis stated our misunderstood there at the equation between the u.k. and the e.u. when it comes to business and trade. seventy four design submissions. seven thousand pilings. to join judges. eight hundred sixty nonstop days of. the russian w b o h o b a bit. under russian. show you how. long the chromium bridge was.
1:43 pm
witnessed the construction of when you need to transport operate that will help us out of crimea. most of those you know won't go for more familiar freight rights group. the eh. eh. eh eh eh eh. eh that. was. over the past decade a great many european asian and african countries have introduced storing creased
1:44 pm
tuition fees in their universities. in the name of excellence prices go up a little every way and nothing seems to stop the process and yet among the four honest some questions arise and for good reason. partly is should students learn repayment that stands at around forty billion pounds of a minute right that's going to rise around two hundred billion pounds by the middle of this century. at the end of two thousand and thirteen one year into the one thousand pound yearly tuition fee a parliamentary 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
1:45 pm
redistrict 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. a 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 a man to sell a particular tranche of debt the terms of compound terms and conditions upon which it is sold 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 come out subsequently be changed by the new owner of the debt is that correct yes
1:46 pm
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 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
1:47 pm
the student debt has reached a catastrophic point. during the occupy wall street movement and one of the 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 weighing on american citizens including the housing debt health debt and most
1:48 pm
importantly the student debt. the student debt problem in the united states to 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. expect that that's the way that is and that's the way it always will be the right to education has been supplanted by the right to access education loans. they 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
1:49 pm
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.
1:50 pm
this is. what the end of capitalism kind of looks like or at least you know a different kind of. you know stayed in the capitalistic sort of buying. one everything we've been on all the jobs really 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 can do. rode in the country's high profile universities 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 educational institutions this sector has grown by two hundred twenty five percent over the past ten years. americans should be ashamed to even say that their education system is this way when we're supposed to be the best
1:51 pm
country in the world is going to be the richest country in the world but you know we are the richest country in the world for the rich but we're also the poorest country in the world for the poor and away. before god i was born. i'm extremely bored there's a whole new category of people out there now. extremely more rewarded. or is almost the new rich. and sad. 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
1:52 pm
have. so he basically asked me if i would be interested in coming out of 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 you walk 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 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 would you have an issue talking to some recent graduates and in my mind i'm thinking that's kind of
1:53 pm
cool you know i can actually talk to some people it went to the school you know she would 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 place them and that they're doing really well and they're not struggling paying their student loan that 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 them into an education. when 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
1:54 pm
ladies recent incarceration rescind the forced drug ability military active every tired dennet no future low self-esteem 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 and d.d.'s interim. recent marriage self-employed no benefits so they specifically targeted all 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 liked to brag to all of her friends like my daughter's
1:55 pm
a college and you know i never went and 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. you know you. know. 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
1:56 pm
1:57 pm
u.s. president donald trump has repeatedly said he wants better relations with russia he did finally how his long stalled summit with vladimir putin both presidents called it a success the american political class and corporate media describe the helsinki summit as a failure and probably worse. after the war. was still active rich in the nineteen seventies great intel had as the chair of its board a man convicted of mass murder and slavery. a german company developed for the demise
1:58 pm
a drug that was promoted as completely safe even during pregnancy it turned out to have terrible side effects what has happened to my baby is anything but all you know she said is just. a minute so they don't mind victims i have to this day received no compensation they never apologized for the suffering that. not only want the money i want the revenge. and. independence means that you're not going to take instruction from any of the fighting and we know that in this situation of syria they have agenda the mandate that was given to us is bro it's not targeting one particular side to this conflict it is broad it is focusing on identifying investigated person. on sunday the most seriously.
1:59 pm
2:00 pm
breaking news this hour the israeli forces launch must have a strong said hamas targets in gaza this almost exactly four years a fake huge military operation that resulted in thousands of deaths. some it takes to the white house announces donald trump is inviting the russian president to the united states in the autumn causing outrage in the american media . a stand by getting him to washington top spy in the united states he doesn't know i was not possible that the president of the united states is inviting. me in a couple months in the fall over at the white house.
26 Views
Uploaded by TV Archive on