A gigantic soak-the-poor scheme:
Like many middle-class families, Cortney Munna and her mother began the college selection process with a grim determination. They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it.
Today, however, Ms. Munna, a 26-year-old graduate of New York University, has nearly $100,000 in student loan debt from her four years in college, and affording the full monthly payments would be a struggle…
Now, what did she get her degree in? Medicine? Law? Engineering? Nope, she’s got a degree in religious and women’s studies. If she managed to learn something about religion, then that is a plus – but more than likely she learned some pantheist nonsense and, at any rate, unless she was planning on joining a religious order, that bit of knowledge plus the utterly useless women’s studies garbage qualifies her for precisely nothing.
But I bet the college was selling her a dream of how much money she’d make once she got her degree.
The college made 100 grand. The banks are happy as they can charge interest and she can’t go bankrupt on the debt – they’ve got her forever. Meanwhile, she’s spent some of the most productive years of her life learning stuff she can’t use to make a living unless she’s highly connected to people who could get her a job in the education system, itself where, if she were that lucky, she could spend a career imparting the same, worthless knowledge she’s got to a succession of kids tricked in to thinking that a college degree is the be-all and end-all of existence.
Now, of course, Uncle Sam is going to be in charge of the whole show – financing on the taxpayer’s dime an endless stream of people who’s education is pointless for the advancement of the United States and its people. The colleges will grow still fatter, the favored few who get tenure will continue to pour money in to Democrat coffers and, of course, propagandize for the liberal worldview – so, for the Powers That Be, its a good thing. For everyone else, its a disaster.
College isn’t for everybody. No everybody will need college to get ahead. Not everyone can afford college. Not everyone needs to get their degree in four years. Not everyone needs to go to a prestige university. But the whole student loan system is geared towards an absurd notion that college is for everyone and they should get it done in four years and at the very best university then can possibly get in to.
What should we do? Identify those areas of expertise where we have a shortage – medicine, engineering, etc – and offer college free at the State level for any kid who can past muster on educational qualifications. Do away with student loans, completely. Tell kids who want degrees in women’s studies to pay for it on their own or don’t bother (and it’d be best if they didn’t bother). End this nightmare where rich colleges pile up money by piling up debt on kids suckered in to taking courses of no value.
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