Why would one go to college these days?
degrees are becoming close to useless these days as young Americans
continue to rack up debt with little to no hope of paying it off. Our
universities today have become liberal utopias where the students run
the show and can get away with whatever they want in their never ending
search for that safe space.
Jonathan Newman recently compiled some stunning revelations of the current state of college in America today in the Mises Wire.
First of all, graduates are not learning how to think better in college, so what is it they are doing nowadays?
According to The Wall Street Journal,
“At more than half of schools, at least a third of seniors were unable
to make a cohesive argument, assess the quality of evidence in a
document or interpret data in a table”. The outcomes were the worst in
the biggest flagship schools: “At some of the most prestigious flagship
universities, test results indicate the average graduate shows little or
no improvement in critical thinking over four years.”
undergraduate degree is not as necessary in today’s workforce. Skills
are more vital than degrees. One example of the free market adapting to a
college degree’s devaluation is Google not caring if potential hires have one or not. They look past academics and focus on other characteristics that better predict job performance.
Another reason college should be steered
clear of is the fact that shouting matches by students with nothing
else better to do have invaded campuses nationwide. And they are
silencing any conservative who dares speak their mind.
In nearby Evergreen State College here in Washington, student protests
hijacked classrooms and essentially took over the campus. The college
president’s response to it was laughable as protesters took over the
administration offices last month, disrupting other classes along the
way. The threats of murder led to the campus closing for three days. The
students call a very progressive educator a racist and a white
supremacist. Their madness knows no bounds.
schools and self-study are also proving to have better outcomes for
many young men and women in the U.S. Dropping out of college is not the
end of the world. Many successful business owners left school to pursue
their passions and turn their dreams into reality. Trade schools require
less time and money and the graduate ends up with a very specific set
of skills that employers are looking for. Many times, these well
prepared trade school graduates far outearn their four-year degree
final reason why a college degree is useless is that it is simply not
worth the cost. Tuition has been skyrocketing along with student loan
debt, but future earnings are actually decreasing as more Americans are
earning less than their parents as the American Dream fades from
A recent WSJ article,
dug into the consequences of this financial reality. Tuition keeps
climbing nationwide, but prospective earnings are far from keeping up.
There are differences in different schools and across other majors, but
the overall trend shows that the returns to a four-year degree are
are borrowing and not putting any collateral down. They are also not
making enough money to pay back these massive loans. Total student loans
have now reached $1.3 trillion here in the U.S. Guess who will be stuck
with this bill when it comes due?
You got it… the oblivious taxpayer.