We
Are
Fubared
And of course, remember that virtually every dollar spent on education is subsidized by the American taxpayer - public colleges far more than private, but both are enjoying the largess from the treasury. If you count education tax credits and earned income tax credits, it’s even more subsidized, and many of these graduates are exiting the education system with zero skills needed for landing or keeping a job in the private sector.
And this is after the $109k spent on primary education per student (California numbers, 2010 ADA breakdown, average for all students in California).
This article nails it. It doesn’t take a genius to realize all the government subsidies and handouts, like Pell grants, for folks to attend college have driven up the cost. We have a massive education bubble going on, and we’ve reached the point where the value of most degrees just isn’t worth the expenditure. Of course, business shares some of the blame when it demands credentials for jobs that the vast majority of high school graduates could do with some on the job training. This house of cards is doomed to collapse sooner or later.
There is only one solution to this problem... print money.
As I’ve said before, this (colleges, universities, small colleges, etc.,) are the democrats MAIN BASE. The reason for the age 26 Phoney-Care exemption. Without this base, they lose.
Just think of it as the bribes you have to pay to get a government job.
1. Colleges and Universities hike tuition 8% a year, every year, to pay for high salaries for wack job administrators and employees who are hired by their liberal friends. Academia is a scam.
2. Almost every College and University offers "McDegrees" like Womens Studies, Queer Theory, Black Studies, or some other garbage major. To be Politically Correct, they hire scores of useless liberals to fill the faculty to teach this rubbish.
3. Colleges and Universities have two prices, on for "whitely" or Asian students, and another one for blacks and Hispanics. The latter groups get a free ride.
We should be protesting the greedy colleges/uni for charging their services so high
Look on the bright side. Inflate it, and it will end before long. Try to manage it and keep it going along with all of the other debts, and it will go on much longer. Help Lefty run it up, then repudiate it. Shut the spending down. Use Tai Chi and Kung Fu on that spending. Give it a helping push, then stomp on it.
” - - - “Occupy” camps — the Hoovervilles of our age - - - “
Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/screw_CKEwwrXk088RBqt3yMU8fK#ixzz1cKJCwHkH
I like the image created by the above quote, but prefer the term “Obamavilles.”