Posted by Karol at 11:52 AM
Interesting too, that students (that perfect polygamy of zero experience, zero earning power and no assets to speak of) incur the ONLY form of debt that is not dischargable in bankruptcy proceedings.
Huh? You say they didn’t tell you that when you signed?!?
Ha! Ha! Ha! Aren’t your elders funny?
Ha, that’s a really good point.
Maybe they should pay the students to attend, and charge the people who employ them. Or settle for a percentage of the graduate earnings (whatever it is)for 15 years.
You didn’t finish your thought. If college does not give students marketable skills, and the skills it gives is always a sham -what, then, its purpose? why so many students – who, after all, are adults and can think for themselves – stay there despite these two slight minuses?
There is another reason, that became much more important than knowledge in todays’s graduates: Network. Those who know powerful people, prosper. Those who don’t…seat in line in unemployment offices.
Isn’t it what we ran from, in USSR?
“..what, then, its purpose?”
Everyone *deserves* to go to college, Tatyana. Don’t you know that? /snark
Remember how everyone, from street sweeper to drill press operator, was an “engineer” in the old days? It’s like that!
College loans have become an incredible racket, and so as a result have college degrees.
I got a four year degree, and it’s probably the biggest regret of my life. I never should have done it. Yes, it’s a “marketable” degree, I didn’t go in for literature or whatever, but it didn’t matter. So many people get degrees now, it’s barely worth what a High School diploma used to be, and just comes with enormous debt to go with it.