Monday, February 13, 2012

An attack on the high cost of college tuition?

Good Idea Mister President.

Next to health care, educating one's offspring has to be the second biggest stressor currently bankrupting the middle class in the USA.
So any attempt to talk up this issue is a worthwhile thing sez Humble Elias.

You'd think in a education economy rigged to produce MBAs and Lawyers some economy of scale would be effected, but ohhh noooo, tuitions skyrocket forcing students and parents into ruinous debt which is turn strongly conditions private innovation in the USA.
After all, if you have run up 100K in tuition loans, upon graduation are you gonna become a drone at IBM for steady money or maybe take a flyer on that anti gravity idea you got in "Comparative Religions" class?

The very picture of a "bubble" waiting to burst.

The other reason I'm living the current pushback on tuition costs is that it obliquely raises the point that mere education itself may not be the most effective method to address chronic income disparities in the USA.
Metaphorically speaking, how can a first class college education change up yr SES if from the git-go you and yours are debtors?
It is more akin to the perpetual of a form of sharecropping conditions in the middle class.
Just sayin'.

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