Posted on 11/29/2015 1:41:26 PM PST by Rusty0604
Forget the housing bubble, the education bubble is about to burst.
Student loan debt is at $1.2 trillion. College enrollment increased under Obama, but graduation rates fell. Barely half the students who enrolled in 2009 graduated.
And some of the biggest casualties were black students.
Only a third of black male college students graduate. Among black women, it’s 44%. And the college graduation gap between white and black students has continued to increase under Obama.
71% of black high school graduates have enrolled in college compared to only 67% of white high school graduates. But that just means more black students washing out while burdened with student loan debt.
The education bubble is following the familiar pattern of the housing bubble as lowering standards and the influx of government money created unsustainable minority debt. Black homeowners were encouraged to take out loans they couldn’t repay and now black students are told to take out loans for an education they are unprepared for.
The problem of meeting national standards was solved through promotion. Students who couldn’t read or do simple sums still graduated with a diploma. 1 in 5 high school graduates can’t read. Only 16 % of black high school seniors were even assessed as proficient readers. That’s bound to be a problem when 71% of black high school graduates go on to college where proficient reading skills are a prerequisite.
The campus race protests are one sign that the end is near.
As David P. Goldman points out, we can’t really talk about what’s going on. Black students don’t feel uncomfortable on campus because of Halloween costumes or a phantom swastika, but because they find themselves unable to compete. Their high school education failed to prepare them for college.
(Excerpt) Read more at frontpagemag.com ...
...and whites have to pay for college.
I look for Obama to forgive all black student loans and no one else.
Because they aren’t paying then they don’t see the value of getting a degree out of it. My kids know they better get a good degree because I’m paying out the wazoo for it. They know better than to flunk out. We told them how it was going to be and to buck up and get it done. If they can’t, then get a full time job. I guess that would hurt the black students feelings to be told to buck up.
I picked a worthwhile major because I paid so much for it (working full-time while attending college); there is no better way to ensure your children make it worthwhile. The problem isn’t that they don’t see the value of the degree; the problem is that they are unable to do the WORK to attain one. They are basically taking 8th grade graduates and jumping them ahead to college, then simply passing them through with no expectations at all. I watched it firsthand years ago, now I deal with it in the workplace; none of these “graduates” takes the jobs of white/Asian guys because they have fake degrees and few skills while white/Asian guys have to actually work.
Can anyone give the stats of colleges with the highest percentage of unpaid college loans?
Seems I remember hearing somewhere the top ones are eAA.
Even the little academic rigour that our colleges and universities do adhere is under massive attack.
People need to ask themselves: "Why would the Black Lives Matter thugs verbally and physically assault white students were were peacefully studying in the Library?"
http://www.washingtontimes.com/news/2015/nov/16/black-lives-matter-protesters-berate-white-student/
Great book...data-based. Idiot LIBs used to shout-down the authors when they had public forums. Haha. Abject fools.
Beauty “college”.
The BLM are demanding free tuition for black students.
They are as out of their element as Obama’s wookie is in a museum; being in a museum would be the same as plopping the average American in the middle of Siberia. They don’t speak the language, know nothing of the environment, and are totally unprepared.
I honestly believe this is part of a push by our government to get ghetto folk to postpone or forego breeding, and it has had some success. The problem is that they end up as cashiers with fake college degrees anyway.
They’ve been getting free tuition in many cases; we can lead them to water but we can’t make them drink.
The government has allowed education to become a scam so no one should be surprised when the taxpayers are stuck with the bill for millions of “students” who have run up huge debts for “higher education” but cannot pass the eighth grade final from a public high school of the fifties.
Universities are Big Business.
Education? No, it’s all about dollars.
Student loans have increased because we are sending kids to college who would make great carpenters, plumbers, electricians, painters, landscapers, welders, beauticians and barbers, etc. Not so much academics.
When I was in Jr. High our school had career MONTH and it involved moms and dads coming in and talking to the children about their jobs. The parents’ job was to sell the children on their chosen career and make it fun. It was not all lawyers, scientists and doctors, although there were some. We had teachers, military personnel, small business owners, beauticians, barbers, electricians, carpenters, welders, police and fire guys, mechanics, etc. We also had business survey classes everyone had to take on basic small business concepts and operations during this month. They brought people in from the community to teach these days. It was a lot of fun. Super enthusiastic and realistic.
(A barber brought in a chair and his stuff and cut a student’s hair while he discussed what it was like to meet and bless so many people and make them look their best every day. Most of the parents did creative presentations like this. They took questions, too.)
From this experience, I decided I would be a criminal justice major in college. That lasted until I visited a prison and decided I can’t stand criminals and prison officials. I flipped over to business, fast.
My dad, a naval officer, was not so hot on me majoring in criminal justice. He knew me and that I would not have the patience or heart to deal with criminals. When one of my professors sensed the same about me, he scheduled the prison visit with one of his friends for me, and my dad insisted on going along. That’s a long story, but funny as hell. Let’s just say my body attracted unwanted attention to itself.
The university executives make big bucks. The teacher urged professors do too and have great pensions.
Yes, that is a good point. I often wonder at a school like the University of Texas where if you are in the top 7% grade wise of your high school class then you get automatic admission. I wonder how many from not so tough high schools are still there by their sophomore or junior year.
A recent article on UT said they enrolled 30-35% minority students, principally from south Texas (border counties), San Antonio and a few other ghetto districts due to the 7% rule. The effect was keeping out a number of white and black students from middle class districts who were better prepared academically.
I don’t know if Texas uses the SAT or ACT anymore, but I suspect not.
My graduating class was a lot less black than my freshman class; the difference was noticeable even as sophomores.
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