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0 pointsmschuster912mo ago0 comments

> All the 'teaching how to think' was replaced with 'how to get a well paying job'.

Yeah. Companies didn't want to train new employees any more as that costs money (both for paying the trainees and the teachers) so they shifted to requiring academic degrees. That in turn shifted the cost to students (via student loans) and governments.

People call it a red flag for scams if you are supposed to pay your employer for training or whatever as a condition of getting employed... but the degree mill system is conveniently ignored.

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4 comments · 2 top-level

lotsofpulp2mo ago· 2 in thread

The problem was the government providing the blank check loans with no underwriting. Without that subsidy from future taxpayers, incentives would be properly aligned.

No lender would have been stupid enough to give 18 to 22 year olds $200k for bullshit degrees and sports facilities.

The onus would have remained on employers and government to pay for education, rather than a certification, because they would have been the ones paying.

9999000009992mo ago

College should have never been presented as the only way to the middle class. In high school they shutdown my advanced trades class, maybe I could have been ready to hop into a decent job after graduation.

I recently spoke to a young art school grad who talked about getting on disability over a life of the corporate grind.

Who am I to disagree ? The Pentagon has never passed an audit, the government coffers are effectively a slush fund for defense contractors.

At this point, I think a universal basic income is the only way.

Not enough jobs exist for everyone. Poverty doesn’t need to exist

lotsofpulp2mo ago

>College should have never been presented as the only way to the middle class. In high school they shutdown my advanced trades class, maybe I could have been ready to hop into a decent job after graduation.

Not unless you were willing to compete on price against people in China learning the same advanced trades.

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Sharlin2mo ago

Costs are externalized, profits are privatized. A tale as old as the society itself.

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