Archive for the ‘Student Debt’ Category


19 Apr

That is truly amazing. Folks, this is just unsustainable. The best advice a college student can get is to stay out of debt as much as they can and don’t marry someone with a bunch of unsustainable college debt. Yes, I realize that some debt may be unavoidable and even wise, but be extremely careful.

The facts speak to the undeniable fact that college is probably NOT a good “investment.” It is not a good in itself. The exception to the rule is when you must have some schooling for a license or other credential in order to do what you want to do. Then it is still not good in itself but is just an expensive barrier to entry, a hoop you need to jump through, and you need to decide if it makes financial sense.

Like me, I do Continuing Education NOT because it is itself good or beneficial at all, but merely because the hide-bound officials in this state require it and it is better for me if I stay licensed. It is just an educationally meaningless hoop to jump through. It is just a tax (and an egregious one at that). But it does keep the hoi polloi from doing my job–it is merely job protection and has absolutely nothing to do with quality of practice.

Look, I’m a fan of education. I think there is far too little of it. But what there is far too little of is real education and learning, not what most colleges provide these days. I think a “Great Books” kind of curriculum is quite worthwhile, whether you’re a beautician or a stock broker or an elementary school teacher. I would like everyone to have a good basic working knowledge of the humanities. After that, there might be some technical knowledge you need if you are a dentist or a stock broker or a thoracic surgeon or an electrician or a computer programmer or a concert pianist or a brick layer.

But a smart person has no problem doing any of those things–we have seen total frauds acting as surgeons, for example, and there is NO evidence that their patients got treatment that was in any way substandard! A training program might well be needed for a lot of activities in your particular case. But this is technical education, not a general one. In fact, the vast majority of surgeons are pretty much just good technicians–they do that well but that is pretty much the limit to their expertise.

But we need to understand that this good basic education is NOT what most colleges provide, and not unrelatedly it is NOT what the Lefty power brokers want for you. Yes, I think it would be ideal for electricians to be well-versed in Plato. Everyone should (in an ideal world) be able to quickly and accurately recognize logical fallacies.

People would not be so easily taken by a smooth-talking politician. But that means people would be far more conservative in general, which is why Leftists resist good education–they would rather you know what they tell you about Women’s Studies. Good education and knowledge breeds Conservatism. And since universities are almost exclusively Leftist, you typically don’t get a broad or discriminating education.

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Posted in Education, Student Debt