[OrioleFan]

Professor Morici states the truth about Student Loans, and Liberal Education.

[TwelveOfTwenty]

The author could mention alternatives, such as trade schools or enlisting.

[count-your-change]

Let’s see if I have this right: Young folks can’t a job without a college education and can’t pay for it they do.

Would this not suggest taking a different course of action?

[DuncanWaring]

Rule 1: Any degree who’s title ends in the word “Studies” is an absolute worthless fraud.

[Weirdad]

Great post. Thank you.

There really is an “education bubble” and it also has been caused by the fascist/communist/socialist/progressive/Marxist/Stalinist/liberal and moreover completely illegal illegitimate government.

[calljack]

It's not that Johnny can't read, it's that Johnny can't think. Johnny confuses feeling with thinking, and that is the real damage of a liberal education. The money he can eventually get over, but feeling instead of thinking will cripple him forever.

[familyop]

"Most can't land a decent job without with a college education,..." During the mid-'70s, I helped to build houses half of each day in a building trades school--part of a high school vo./tech. program. We did all of the work, including electrical and plumbing. There were also auto mechanics schools.

Now, I live in a very sparsely populated county, where it is illegal to manufacture anything--no matter how small the operation--or to work on vehicles (zoning).

Have fun. Enjoy the slide. Young folks will be allowed to compete in business again, when most of us Baby Boomers (mostly socialist NIMBYs) are dead and out of politics.

[Tzimisce]

I have two college degrees and I can’t find a job.

How am I to pay for government giveaways to baby boomers when baby boomers won’t hire me?

Just another day in Obamaland. :)

[kingu]

College loans should be solely based upon future results. If you’re taking an engineering course, you’re far more likely to find a job which would result in repayment of that loan. If you’re taking Ethnic Studies, you’re most likely going to spend nearly a decade racking up student loans and exit college with a prestigious degree in a hobby with no economic worth.

But this is all immaterial. The core truth is that federally backed student loans are a subsidy to colleges to further the liberal agenda within those colleges. They tend to go towards the least useful degrees and programs, supporting departments and chairs that wouldn’t exist otherwise. Only problem is millions of young people are being more directly saddled with this future debt, rather than simply hidden in a mounting deficit.

That’s right, young people, you were lied to. Get used to it.

[P-Marlowe]

These days when kids graduate from College they have no work experience. The illegal aliens have taken all the part time jobs that students used to take and most of these kids today think it is beneath them to work at McDonalds or Taco Bell and they borrow money rather than work their way through college and pay for most of it themselves.

Then when they get out of college with their worthless degrees and their $2000 a month student loan payments, the only full time introductory level jobs that they are qualified for are the jobs at McDonalds and Taco Bell that are all filled by the illegal aliens.

[4Liberty]

If you majored in electrical engineering, bio-tech, & nano technology instead of feminist poetry and art history of origami, it wouldn’t be a “bad” economy it would be a good one.

It’s your weak, low-yield unhelpful “Labor Studies” Major that’s the problem - it’s not the “economy” nor your student “debt” burden.

It would be a great economy for you if you’d picked pharmacology and molecular biology, not the Dog in Cinema.

It’s your major, stupid! Or get some useful, valued training in auto technology — not La Raza Studies. Good luck marketing THAT major. No consumers want that, they want their PC, plumbing, or car fixed, a nice meal from an agribusiness and cheap abundant energy for their home A/C.

[and so?]

Why Johnny Can't Pay

Young people face a cruel irony. Most can't land a decent job without a college education, yet many graduates are locked into poorly paying positions that don't permit repayment of student loans.

Then Johnny should have gone to a voc or tech school and learned a hard skill that a prospective employer might be looking for that pays a better wage, and would have been cheaper besides.

At the very least, Johnny could start his own business revolving around his skills and maybe end up rich enough to afford to send his kids to school without them incurring crippling debt.

Johnny could also fail, but that's life, and that's not ironic, that's just the way it is.

[Blue Ink]

“Young people face a cruel irony. Most can’t land a decent job without a college education, yet many graduates are locked into poorly paying positions that don’t permit repayment of student loans.”

Um, the “professor” should know that the above is an example of a paradox, not irony.

See, I went to college, too. And I paid back my student loan within five years. And I didn’t whine about it.

Get ready. All these articles are softening us up for student loan forgiveness. (But there’s no forgiveness for us, the taxpayers. We’ll wind up paying for them.)

[Cronos]

The cost of college has also sky-rocketed, increasing way faster than inflation