Monday, May 20, 2013

B.S. in Business Administration - Finance

You all will not believe it until the whole house of cards collapses in about 10 years -- just like the mortgage debacle.  It's the student loan debacle that has sooooooo many tentacles....you'll see. 

For whatever reason, the past generation or so has been telling a fairy tale that sending kids off to "college" to get their "degree" that is supposedly to guarantee them a financially secure future is the ONLY way to the path of happiness.  In this delusional, academic, imaginary fairyland, a piece of paper that costs you obnoxious amounts in tuition to learn things that really do not apply to the real world is deemed desirable.

Yes.... I'm impressed by your knowledge of (fill in the blank).  However, the only ones reaping any financial reward are those who told you it was necessary to get that degree in underwater basket weaving.  You were sucked in.  Now you need to recruit future under water basket weavers to make your existence complete.  The cycle continues.  True passion in a subject area requires no formal series of classes that will put you in the poorhouse for decades to come.  You will find classes to fuel your passion if you're willing to learn about the subject matter more than writing a school name on a resume. 

We have had a great social experiment of trying to make scholars out of the masses.  We invented categories and majors so nobody would feel they were left behind.  The only ones successful are those laughing all the way to the bank on your tuition dollars who convinced you the tuition was a good investment.

It's now five years after you have graduated from Greedy University.  I am now interviewing you for a beginning position in a construction trades apprenticeship program.  Your B.S. in finance has proved worthless.

It's ironic that the liberals pushing this massive education agenda created a workforce of debt-ridden, unemployable graduates who don't possess basic job skills. 

More on that later......






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