The inflationary factor in Massachusetts health care was not caused by deadbeats’ using emergency rooms as their family doctor but by the metastasizing cost distortions of government intervention in health care: Mitt should have known that — just as he should know that government intervention in college loans has absurdly inflated the cost of ludicrously overvalued credentials and, in a broader sense, helped debauch America’s human capital. And just as he should know that government intervention in the mortgage market is why every day more and more American homeowners are drowning in negative equity.There's an extremely important idea outlined in these 2 sentences. I wonder how many college graduates understand this idea. I wonder how many elected officials do. I wonder how many "Republicans" do.
On so many levels, Mr. Steyn is right.
Morally and spiritually college is for many a debauching experience, and, for too many it comes with permanent physical disability of herpes, papilloma virus, genital warts, and other maladies. It also emotionally deadens their capacity to form a lasting marriage, infantalizes youth in unreal adolescence playpen, delays their maturation, and contributes to their willingness to form their own families with children. When they finally leave college they are burdened like indentured servants with debt that many will need to carry throughout their entire lives. All this, and for what? A credential?
I was listening to Mark Steyn sub for Rush some weeks ago. He made a very good point that ( paraphrasing) too many of our young people don't get into the labor market until an age that would have been considered middle aged by our Founding Fathers. Yes, this long delay before finally doing serious work hurts the young person financially, and robs America of their creativity and production of wealth, but it also has profound emotionally and spiritual consequences, as well!