Wednesday, November 28, 2012
Who Will Pay the Rent?
For me, this says it all, if you are talking about the decline of the civil society. Here is a chart showing how those owing student loan debt view their personal obligation to repay. Read the definition for the trend line carefully.
The majority of the student loan debtors probably think the did not get their money's worth, because, as we know here, the massive federal intervention into contractual rights has choked growth. There are no jobs after graduation, save for part time gigs. The maker of the chart, it would seem, is a product of the same largess to higher education and the inevitable debasement of the product. Tyler Durden let this one slip by, maybe as another small part of Operation Chaos.
I recently spoke to an educator, who taught a very popular class in psychology. The number one question the students came to ask is, "If I have that condition, can I get on a program?" Clearly, this school district must be commended for providing students with the type of education that is relevant to their actual lives. I have no doubt that the popularity of this class is cited in a grant request laying somewhere on the desk of a Washington D.C. functionary in the Department of Education.
I cheer on the new generation of rent seeking Alinskyites! Throw off your chains! Dalinquency for the masses!
Let it burn.