Thursday, Nov. 12 was “Million Student March” day. And what is that? Students were marching and demanding that all higher education be “free” and that all student loans be forgiven immediately.
Being uneducated, they didn’t know the guaranteed student loan had driven up the tuition. Previous students complained about the “unaffordability” of higher education. So, politicians agreed and passed legislation making the fed government guarantee loans made by private banks. Colleges and universities taking advantage of a “gift horse” decided that students could borrow whatever they needed to fund their education. They suddenly were in “business” and could then expand their facilities, their faculties, their student services, etc., and raise tuition at the same time.
So, a giant money-making scam was created. Banks wouldn’t lose, colleges and universities wouldn’t lose and students would get whatever they wanted even though they would be asked to pay it back eventually, but the money was federally insured; so what the heck! This is “crony capitalism” at its finest!
After running out of “academic” subjects to offer students, colleges/universities began to offer courses like “Lady Gaga and the Sociology of Fame” (University of Southern Carolina), “Cyberporn and Society” (State University of New York) where students watch Internet porn, “Zombies in Popular Media” (Columbia College), or “Getting Dressed” (Princeton) to name only a few! What job or life skills did students achieve?
And, then students wonder why they can’t get a job. Really? Maybe a course in reading job descriptions would be far more helpful.
Regardless, these students should be made to take a basic economics and a basic finance class as in “debit/credit” before they ever attend a university or college.
Why are legislatures giving more and more taxpayer money to these institutions of higher lunacy? It’s time for a Million Tax Payer Revolt March!
Catherine Paxton
Arlington
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