In a recent LinkedIn post, Simonsquibb has launched a scathing critique of the university system, alleging it has defrauded millions of students. Simonsquibb details a six-month investigation into what they describe as a ‘horrific system’ that has led to widespread student debt and unemployment.
The post highlights the stark reality faced by many graduates, stating, “700,000 graduates are currently unemployed; they’re £10,000s in debt, and forced to claim benefits to live.” Simonsquibb attributes this crisis to a pervasive lie perpetuated from childhood: the promise that a university degree guarantees a good job.
The Hidden Cost of Higher Education
Simonsquibb argues that students are not adequately informed about the true financial burden of their loans. A key point raised is the deceptive nature of student debt, where the eventual cost far exceeds the initial amount borrowed. Simonsquibb illustrates this with a striking example:
“A takeaway pizza may cost you £20. But for a student who buys that pizza with their university loan, it could cost them £130, due to interest and inflation on the loan itself.”
According to Simonsquibb, this compounding interest means that the debt doesn’t just represent the principal amount but grows exponentially over time, impacting graduates long after they have left academia, regardless of their employment status.
A ‘Scam’ with Devastating Consequences
The investigation, as detailed by Simonsquibb, reveals that not a single student interviewed fully grasped the extent of the debt they were incurring. This lack of transparency is central to Simonsquibb’s accusation that the system is a ‘scam’. The consequences are dire, with Simonsquibb noting the severe mental health toll on students:
“This problem is so severe that some graduates resort to ending their own life.”
Simonsquibb contends that forcing young individuals, often just 18 or 19 years old, to sign lifelong debt agreements without full comprehension, only to be denied the promised career opportunities, represents a fundamental breach of a fair deal. The post asserts that such practices, if employed by any other business, would lead to immediate legal action and closure.
Taking Action and Seeking Alternatives
Beyond exposing the alleged issues, Simonsquibb announces intentions to pursue legal action against the university system. Furthermore, Simonsquibb pledges to donate 10% of personal company profits for life to fund alternatives to traditional university education, aiming to provide individuals with opportunities that do not require future repayment.
“I’m not just exposing it. I’m looking into taking legal action against it. And I’m pledging 10% of every penny my companies make, for the rest of my life, to fund people’s dreams instead.”
Simonsquibb also appeals to business owners and entrepreneurs for support, emphasizing that collective action is necessary to create meaningful change and build viable alternatives to the current university model. A documentary detailing the investigation and a link to support the initiative are provided within the post.
📝 About This Content
This article is based on insights shared by Simonsquibb on LinkedIn.
📅 Originally posted on June 11, 2026 | View original post on LinkedIn →