You'll have to forgive me for descriptions typed at 4AM. The free market will fix it. :D

the "free market" is a sham you idiot, the entirety of modern capitalism is built on socialization of cost and privatization of profit and could not possibly exist without it

Sarcasm: learn to know it when you see it.

Also, I changed the description.

Okay that was a little harsh, but just look up this man's financial theories as to global distribution of labor and how investment costs should be distributed, and I think it's obvious he is no prophet, just media hungry doomsayer for whatever policies aren't beneficial to his client base.

Oh, he's a total tool, I agree. As I say below: conversation starter.

kingarthur:
As a conversation starter its a good video; I one-starred based on the context in which it was presented. And I think that inefficient subsidy programs and how they interact with lenders should definitely be scrutinized. But this guy definitely isn't interested in the same argument you are making.

So my solution is more regulation, and A LOT more state-funded and government-financed education.

The evils in this are things like for-profit schools.

Eh, I'm tired. Basically I submitted this as a conversation starter.

NICE JOB

I like the free market and all but I think Schiff is taking a big leap here...I'm sure financial aid is a contributing factor to skyrocketing tuition but positing it as the only cause, or even the primary cause, is an unsubstantiated leap

Has student security ever stopped a single crime?

Shouldn't the basic staffing of these positions come from within the student body itself? Not saying an 18 year old is gonna be able to run a diversity management program, but perhaps that's what some of the grad students are for?

We need a fundamental rethinking of education in this country and a lot of it should be with an eye to career training.

Strip out the sports programs. No state should be funding that beyond phys. ed. requirements. Let them sink or swim on their own.

for some institutions, sports programs make money

before you get all panty-bunched, of course lots of colleges and universities lose money on bloated athletic departments, but really it is a case-by-case basis

also, there are other ancillary but significant benefits of athletic programs, to the university and the students

I thought the same way; however at least for the University of Washington, the football program pays for itself and all other sports combined via football game tickets.

The most unfortunate thing is that alumni donations positively correlate with how well the football team is doing.

And the UW football coach is the highest paid state employee in Washington. Significantly more than the governor and the president of the university.

I worked with a Nebraska physics professor for a while who loved the football program, and told me that every other member of his department hated it. Most important reason he gave, it commanded resources. Given how political academia is, every department wants every resource.

Regardless, he thought Nebraska's gigantic athletic department probably broke even financially, meaning that all the other stuff that it generated for the university was free.

yes that's what this country needs, more socially and culturally bankrupt sociopathic child-men who never learned anything except math

Why, of course!

This country gained its technological edge only through the hard work of Art History & English lit majors.

Thank you for increasing my tuition payments with price supports for humanities degrees that have no real world value.

This country gained an edge through military dominance via the utilization of uneducated morons.

I guess history was right out the window too with that engineering degree.

This country gained its relevance in the 20th century due to its inventions and its cultural artifacts. American innovations in film, popular music, television and consumer products allowed for US hegemony as much as militarism.

@ memedumpster,

Uneducated morons figured out how to turn a block of plutonium-239 into viable bomb that ended WW2.


@ Stopheles,

True, but technology was the only thing that made Mickey Mouse, Coke & Elvis widely available to the world.

http://www.pbs.org/wgbh/amex/telephone/timeline/timeline_text. html

Somebody didn't quite understand Brave New World

@ oswaldtheluckyrabbit

I work night shift, full time. Thus, college classes are a bitch to fit in.

If I want to escape the Epsilon caste, I need a degree.

See where we're going?

It's time to separate the wheat from the chaff.

Get it?

I want classes that have practical application in the real world.

Also, Liberal arts classes won't be stuffed with people who don't want to be there.

We all win.

*uses the one language he 'knows' (writes like a ten year old in) to complain about whycome there's no WHITE entertainment television*

You ok comrade?

*avoids obvious Starbucks order joke*


Learning humanities in college?

Your choice.

Your money.

Your time.




The 'epic fail' kicks in when someone tries to get a job outside of teaching with said degree.

Wow, I actually agree with you on something.

College was never meant to be a job-training mill.

The de-industrialization of America maybe led to the belief that everyone needed to be a "knowledge worker." Sucks for college students because the boomers are going to cling to their office jobs until they are on life support. Especially teachers.

Go to fucking DeVry if you want to learn math

@oswaldtheluckyrabbit,

DeVry doesn't offer Pharmacology.

DAMN BOY YOU SMART

@ oswaldtheluckyrabbit,

Be thankful that us Morlocks keep the world running for you Eloi.