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How An Unlimited Supply Of Borrowed Cash Is Destroying Higher Education
The Federaist ^ | December 27, 2019 | Rebeccaa Kathryn Jude and Chauncee M. DePree, jr

Posted on 12/27/2019 8:58:53 AM PST by Kaslin

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1 posted on 12/27/2019 8:58:53 AM PST by Kaslin
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To: Kaslin

Fauxcahoness’ smoke signal today read:

“The SPICE must flow”.


2 posted on 12/27/2019 9:00:31 AM PST by Diogenesis ( WWG1WGA)
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To: Kaslin

There is another side of that, and that’s jobs.

In an environment where the tariffs were lowered and jobs were flowing overseas, an education doesn’t do you much good.

In an environment where the tariffs are restored, and industries are staying, investment and innovation is occurring, then a degree is of much greater value.


3 posted on 12/27/2019 9:02:58 AM PST by DannyTN
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To: Kaslin

I honestly did not know the borrowed money was still flowing so freely.


4 posted on 12/27/2019 9:06:14 AM PST by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: Kaslin

Another dirty little secret: STEM degree programs are a LOT more expensive to run than crap degree programs, which generate a far greater rate of return for the institution.


5 posted on 12/27/2019 9:09:28 AM PST by mewzilla (Break out the mustard seeds.)
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To: Kaslin

I can easily see President Eisenhower giving a speech akin to his 1960 “Military-Industrial Complex” warning, only now warning of the “Academic-Government Complex”. Very similar dangers and bad outcomes from this flood of money.


6 posted on 12/27/2019 9:12:35 AM PST by SES1066 (Happiness is a depressed Washington, DC housing market!)
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To: DannyTN

There always is


7 posted on 12/27/2019 9:12:44 AM PST by Kaslin
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To: Diogenesis
Put a little differently, what is the value of a bachelor’s degree in women’s studies or sociology or any other fields that are not science, technology, engineering, mathematics, or business?

When free money flows and professors are needed for the influx of kids who can't read - the bottom of the barrel gets hired. And what can these new professors with IQ's around a hundred 'teach'? Grievance studies... how to hate. How to value 'feelings' over facts...

8 posted on 12/27/2019 9:15:24 AM PST by GOPJ (Washington Post & NYT (protectors of corrupt white liberaul elites) sold out their country.)
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To: Kaslin
The problem has become so overwhelming that politicians are talking about “free” college and “forgiving” college debt. It sounds good.

I bet it doesn't sound good to those who actually PAID their school loans.

9 posted on 12/27/2019 9:16:51 AM PST by SamAdams76
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To: Diogenesis
Fauxcahoness’ smoke signal today read:

“The SPICE must flow”.


10 posted on 12/27/2019 9:19:03 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Kaslin

In most places, unless it is skilled manual trades, you cant even get an interview without the “College Degree” box checked.

Young folks are stuck between a built in system of “credentialled” folks as gate keepers vs piss poor schools offering nothing but a paper chase.

Not too long ago, diagramming sentences was grade school and Algebra was middle school. Now, many “studies” college grads can’t write nor perform anything higher than addition and subtraction.

Most teachers are low-performing babysitters with little skill themselves.

Things have to change.


11 posted on 12/27/2019 9:20:26 AM PST by Macoozie (Handcuffs and Orange Jumpsuits)
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To: Kaslin

Educating the youth? What’s that?

Indoctrination forever and ever. And get the victim- er- student (and sometimes the parents) to foot part of the bill, make up the difference in borrowed money.

Not all fetters and chains are forged of iron. But they are just as constrictive and place just as much limitation on freedom of action and conscience.

Lifetime indentured servants to whoever has the financial reins.


12 posted on 12/27/2019 9:20:49 AM PST by alloysteel (Very willful ignorance and pretense at moral authority are both roadblocks to honest dialogue.)
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To: Kaslin

And here I thought it was the communist/socialist infiltration of institutions of ‘higher education’ and the government that had done it. Who knew?


13 posted on 12/27/2019 9:21:03 AM PST by curious7
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To: Kaslin

If you’re willing to blindly sign on the dotted line for a tuition loan, the school has an incentive to keep raising that list price.

There is a RIDICULOUS amount of “free tuition money” available, if only prospective students will look for it. Yes, it takes some work and planning - just like saving money to pay cash when the time comes.

Want a substantial scholarship? Obvious criteria of race, gender, and income aside (for which there is plenty of option$), look for: unusual sports or musical instruments, religious/cultural affiliations, businesses with assistance benefits, assistantships, obscure/foreign colleges, etc. There’s online education available free/cheap to get advancement. Then there’s just working your butt off to get high grades.

My wife got her MBA for free + stipend, because she was foreign, female, and 4.0 GPA on prior degree.
My daughter just started middle school band; a big deal was made about certain instruments (french horn, tuba, oboe, etc) having a _very_ high likelihood of _very_ lucrative scholarships.
My second degree was cheap, as my employers paid most of it.

If you’re paying list price for anything, tuition included, you’re doing it wrong.


14 posted on 12/27/2019 9:21:41 AM PST by ctdonath2 (Democrats oppose democracy.)
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To: Kaslin
Colleges Employ Needless Administrators

Absolutely true. Do some research and you'll be horrified by how many places there are in the US where the #1 employer is a university. Fixing this will have ugly fallout.


15 posted on 12/27/2019 9:27:43 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: Macoozie

I’d not want to hire someone without the “college degree” box checked.
Yes, that isn’t sufficient - but it is necessary.
In an interview I don’t have time to evaluate all the topics I expect competence in. That checkbox assures high likelihood the candidate does have that knowledge. I’ve worked with non-degreed engineers, and while competent they did have gaping holes that would have been filled in a degree program.
That checkbox also assures that a candidate can take on a years-long project which requires satisfaction of a broad range of requirements to the approval of a large number of experts. Having been a college prof, I saw how many were filtered out by this process, unable or unwilling (!) to do the work.
Yes, many who graduate are not sufficiently competent (being a quasi-manager, I’m stunned by the lack of competency in candidates with Masters’ degrees) ... but if the degreed are that bad, how much worse those who couldn’t even manage to complete a degree in anything?


16 posted on 12/27/2019 9:28:22 AM PST by ctdonath2 (Democrats oppose democracy.)
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To: Kaslin

Here’s a copy of the Gender Studies page at CU Boulder:

Statement from the Department of Women and Gender Studies on Anti-Black Racism on Campus

The Department of Women & Gender Studies stands in solidarity with the Black Student Alliance and all students of color that continue to be affected by the repercussions of the racist hate speech that was directed at Black students studying at the Engineering Center on Sunday, October 6th, 2019.
We understand this act to be part of a larger social and systemic pattern of ‘white supremacy’ in the United States, in Colorado, and on the University of Colorado Boulder campus.

As a department and a discipline invested in the intersectional analysis of power, including its gendered and racialized dimensions, we recognize the pervasiveness of racist, sexist, homophobic, and transphobic hate speech to be indicative of a hostile and unsafe environment for Black students, students of color, women, and members of the LGBTQ community. As such, we support the specific demands of the Black Student Alliance, as detailed here: (click to enlarge)

And we wonder what’s wrong with college graduates?


17 posted on 12/27/2019 9:29:39 AM PST by dljordan
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To: Kaslin

And for those smart and ambitious enough, your OWN BUSINESS is a distinct possibility!

18 posted on 12/27/2019 9:33:06 AM PST by Dick Bachert (THE DEEP STATE HATES YOU!)
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To: Kaslin

“How An Unlimited Supply Of Borrowed Cash Is Destroying Higher Education”

Nail on the head!!


19 posted on 12/27/2019 9:33:15 AM PST by aquila48 (Do not let them make you care!)
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To: Kaslin

As an engineer with multiple degrees mechanical and chemical engineering I can state very clearly you can get a complete education online for free

Any engineer worth his salt can learn anything from a book doesn’t need any professor


20 posted on 12/27/2019 9:34:21 AM PST by Truthoverpower (The guv mint you get is the Trump winning express !)
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