Are the high costs of college tuition justifiable, are they necessary to endure to guarantee success? Or is the academic industrial complex just building a huge bubble which will someday burst, all the while putting millions of college graduates into economic enslavement at a time of fewer job offerings. The reason I ask is the other day I talked to a college student who had two-advanced degrees, but could not find a job suitable that would allow him to pay off his student loans and still live well. Bummer, I thought, but then again, I guess I wasn’t all that surprised.
Then I watched a speech with President Obama in Syracuse NY, talking with college students about his plan to get the tuition lowered. Some gals in the audience heckled him, probably because nothing the government has done has decreased tuition fees, in fact, all they’ve done is gone up since Obama has been in office – now then, how about some background so we can take this dialogue to a higher level? I’d like to recommend this book as a worthy title for your summer reading pile:
“Is College Worth It: A Former United States Secretary of Education and a Liberal Arts Graduate Expose the Broken Promise of Higher?” by Dr. William Bennett and David Wilezol, Thomas Nelson Book Publishing, New York, NY, 2013, 240 pages, ISBN: 978-159-555279-2.
This book is a total eye-opener and finally more folks are coming forward and telling us the same thing. In fact there was an interesting article in the Wall Street Journal on August 22, 2013 titled; “Obama Is Taking On College Costs Again,” by David Wessel who dutifully points out that the currently insane costs are due to regulatory intervention against for-profit-colleges, and the fact that the US government is helping tuition costs rise due to financial aid programs, student loan guarantees, and other incentives.
Why you ask is all this happening if indeed, we all know that college tuition is now far beyond what’s fair, reasonable, or relative to an ROI (return on investment) for college graduates. Simple, this all has more to do with ideology than anything else; this notion that higher education has made it difficult for underprivileged and minorities to bring themselves up in the world. It maybe that such a notion is invalid, especially if the currently prescribed answer is for everyone to go to college, get out, and enroll in economic enslavement. Please consider all this and think on it.
