Editorial: I'm Tired
By Editor (08/07/08)
For one, I'm tired of being taxed silly to pay teachers that think 6+5=~12! And teachers that think that grading students is insulting.
Since maybe ~1980 never has a student with a "hi skool diplomer" been able to read , write or understand their credit card bill.
Never have so many mush-minds been awarded diplomas for bothering to register for school. Never mind attendance, or learning...
To give proper credit, college Professors have a much better con and get bigger bucks for just hanging around. Those that do pretend to lecture generally just recite the Socialist pap proscribed and feel proud for their contribution to the Socialist agenda.
Colleges and Universities have a scam that actually may need a reward for surpassing the "Used Car Salesman" system.
Suckers pay as much as $40,000 per year to attend the Colleges and Universities and are usually rewarded with a piece of paper that might qualify them to to be a manager trainee at a fast food outlet. (Managers at fast food outlets need brains, education and smarts!).
So we have a college graduate that owes about $160,000 in student loans that possibly qualifies to make around $10.00 per hour. Sucker!
If that same mush-minded student chose to go to a Community College or a Specialized School, the normal 2-year cycle would probably require~3-years to get it right, the cost would maybe be some $10,000 to $40,000 but that smart student would command a pay scale of perhaps $25.00 to $40.00 per hour or more!
State Colleges and Universities are cash-cows for the administration and "Professors". (Doctors practice medicine, Professors just fake it!)
All scholarships, grants and loans for attending a 4-year College or University MUST be quantified and stringently screened and tested for educational level of the applicant, general aptitude for the desired diploma, demand for graduates with the specific diploma and projected income of a successful graduate with the target major.
All of the above shall be handled by an independent board of appropriate business representatives, parents, students and a maximum content of 10% institution representatives.
For example: Joe College wants a B.S. degree in Social Coercion, it seems that course in a 4-year time frame costs some $135,000 (books, labs, fees, tuition,etc,etc,etc).
The board reviews and notes:
1) The applicant managed a B+ grade in a High School that appears to actually grade performance. (A plus in the applicants favor.)
2) The target employer after graduation would be a educational institution or a think tank. Average pay is about $20.00 per hour and often closer to $15.00.
3) A market review for this and similar job descriptions reveals that there are about 10,000 employment opportunities in the US and general turnover is around 500 per year.
4) A quick examination shows that some 300 students are in programs to get this degree.
5) Obviously if the graduate excels there is a reasonable expectation of employment after graduation.
6) If that graduate started at an average pay of $17.50 per hour and then after some years eventually got $20.00 per hour. It would seem that if 20% of income was dedicated to repayment of student loans it would appear the candidate would be able to pay around $6000 per year to address his $135,000 plus interest debt which would come to a minimum of 23 years without interest charged. In reality that person would pay $6,000 each year until he died and never come close to a payoff.
- As each year went by, the $6,000 would decrease in value and the subjects pay would increase slightly.
In this example it seems to be a toss up, if the applicant managed employment it's a draw, otherwise loan default.
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