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Is College A Waste Of Time And Money?

GraduationAre you thinking of going to college?  If so, please consider that decision very carefully.  You probably have lots of people telling you that an “education” is the key to your future and that you will never be able to get a “good job” unless you go to college.  And it is true that those that go to college do earn more on average than those that do not.  However, there is also a downside.  At most U.S. colleges, the quality of the education that you will receive is a joke, the goal of most colleges is to extract as much money from you and your parents as they possibly can, and there is a very good chance that there will not be a “good job” waiting for you once you graduate.  And unless you have someone that is willing to pay your tuition bills, you will probably be facing a lifetime of crippling student loan debt payments once you get out into the real world.  So is college a waste of time and money?  In the end, it really pays to listen to both sides of the debate.

Personally, I spent eight years at U.S. public universities, and I really enjoyed those times.

But would I trade my degrees today for the time and money that I spent to get them?

Absolutely.

Right now, Americans owe more than a trillion dollars on their student loans, and more than 124 billion dollars of that total is more than 90 days delinquent.

It is a student loan debt bubble unlike anything that we have ever seen before, and now even those that make their living from this system are urging reform.  For example, consider what a law professor at the University of Tennessee recently wrote for the Wall Street Journal…

In the field of higher education, reality is outrunning parody. A recent feature on the satire website the Onion proclaimed, “30-Year-Old Has Earned $11 More Than He Would Have Without College Education.” Allowing for tuition, interest on student loans, and four years of foregone income while in school, the fictional student “Patrick Moorhouse” wasn’t much better off. His years of stress and study, the article japed, “have been more or less a financial wash.”

“Patrick” shouldn’t feel too bad. Many college graduates would be happy to be $11 ahead instead of thousands, or hundreds of thousands, behind. The credit-driven higher education bubble of the past several decades has left legions of students deep in debt without improving their job prospects. To make college a good value again, today’s parents and students need to be skeptical, frugal and demanding.

When a lot of young Americans graduate from college and can’t find a decent job, they are told that if they really want to “be successful” that what they really need is a graduate degree.

That means more years of education, and in most cases, even more debt.

But by the time many of these young achievers get through college and graduate school, the debt loads can be absolutely overwhelming

The typical debt load of borrowers leaving school with a master’s, medical, law or doctoral degree jumped an inflation-adjusted 43% between 2004 and 2012, according to a new report by the New America Foundation, a left-leaning Washington think tank. That translated into a median debt load—the point at which half of borrowers owed more and half owed less—of $57,600 in 2012.

The increases were sharper for those pursuing advanced degrees in the social sciences and humanities, versus professional degrees such as M.B.A.s or medical degrees that tend to yield greater long-term returns. The typical debt load of those earning a master’s in education showed some of the largest increases, rising 66% to $50,879. It climbed 54% to $58,539 for those earning a master of arts.

In particular, many are questioning the value of a law school education these days.  Law schools are aggressively recruiting students even though they know that there are way, way too many lawyers already.  There is no way that the legal field can produce enough jobs for the huge flood of new law school graduates that are hitting the streets each year.

The criticism has become so harsh that even mainstream news outlets are writing about this.  For instance, the following comes from a recent CNN article

For the past three years, the media has picked up the attacks with relish. The New York Times, in an article on a graduate with $250,000 in loans, put it this way: “Is Law School a Losing Game?” Referring to the graduate, the Times wrote“His secret, if that’s the right word, is to pretty much ignore all the calls and letters that he receives every day from the dozen or so creditors now hounding him for cash,” writes the author.  Or consider this blunt headline from a recent Business Insider article: “‘I Consider Law School A Waste Of My Life And An Extraordinary Waste Of Money.’” Even though the graduate profiled in the piece had a degree from a Top 20 law school, he’s now bitterly mired in debt. “Because I went to law school, I don’t see myself having a family, earning a comfortable wage, or having an enjoyable lifestyle,” he writes. “I wouldn’t wish my law school experience on my enemy.”

In America today, approximately two-thirds of all college students graduate with student loan debt, and the average debt level has been steadily rising.  In fact, one study found that “70 percent of the class of 2013 is graduating with college-related debt – averaging $35,200 – including federal, state and private loans, as well as debt owed to family and accumulated through credit cards.”

That would be bad enough if most of these students were getting decent jobs that enabled them to service that debt.

But unfortunately, that is often not the case.  It has been estimated that about half of all recent college graduates are working jobs that do not even require a college degree.

Could you imagine that?

Could you imagine investing four or five years and tens of thousands of dollars in a college degree and then working a job that does not even require a degree?

And the really sick thing is that the quality of the education that most college students are receiving is quite pathetic.

Recently, a film crew went down to American University and asked students some really basic questions about our country.  The results were absolutely stunning

When asked if they could name a SINGLE U.S. senator, the students blanked. Also, very few knew that each state has two senators. The guesses were all over the map, with some crediting each state with twelve, thirteen, and five senators.

I have posted the YouTube video below.  How in the world is it possible that college students in America cannot name a single U.S. senator?…

These are the leaders of tomorrow?

That is a frightening thought.

If parents only knew what their children were being taught at college, in most instances they would be absolutely horrified.

The following is a list of actual college courses that have been taught at U.S. colleges in recent years…

-“What If Harry Potter Is Real?

-“Lady Gaga and the Sociology of Fame

-“Philosophy And Star Trek

-“Invented Languages: Klingon and Beyond

-“Learning From YouTube

-“How To Watch Television

-“Sport For The Spectator

-“Oh, Look, a Chicken!

That last one is my favorite.

The truth is that many of these colleges don’t really care if  your sons and daughters learn much at all.  They just want the money to keep rolling in.

And our college students are discovering that when they do graduate that they are woefully unprepared for life on the outside.  In fact, one survey found that 70% of all college graduates wish that they had spent more time preparing for the “real world” while they were still in college.

In America today, there are more than 300,000 waitresses that have college degrees, and close to three out of every ten adults in the United States under the age of 35 are still living at home with Mom and Dad.

Our system of higher education is not working, and it is crippling an entire generation of Americans.

So what do you think?

Do you believe that college is a waste of time and money?

Please feel free to share your thoughts by posting a comment below…

32 Facts That Show How Men Are Being Systematically Emasculated In America Today

32 Facts That Show How Men Are Being Systematically Emasculated In America TodayWhat is wrong with men in America?  Why isn’t our country producing lots of strong, independent, hard working men of character like it once did?  Well, many believe that it starts at a very young age.  When compared with girls, boys in the United States get lower grades, they are much more likely to get into trouble at school and they are much more likely to be put on behavior-modifying drugs.  When it comes time to pursue a higher education, most of our young men are ill-prepared to do that.  Today, nearly 60 percent of the students enrolled at U.S. colleges are women.  And of course it has become much more difficult for men to find good jobs.  In fact, less than 65 percent of all men have a job right now.  Without a good job, a man is not considered to be “marriage material”, but a large percentage of our young men don’t want to get married anyway.  Society has told them that it is okay to be a “slacker”.  Today, far too many of our young men are far more interested in their various addictions (beer, drugs, sex, video games, gambling, etc.) than they are in starting a family.  But the truth is that men are far more happy when they have a purpose.  When men are raising families, starting businesses or doing something to transform society they feel fulfilled.

Sadly, the message that our young men are getting from our television shows and our movies is that men are idiots.  Instead of being portrayed as leaders that are eager to get married and raise strong families, young men are often being portrayed as passive slackers that love to party and chase women.

Start paying attention to how men are portrayed in the media.  In particular, pay attention to how they are portrayed in our commercials.  Our boys and young men are exposed to thousands upon thousands of hours of this “programming”, and it has a dramatic affect on them.

Our system beats up our boys and young men so badly that only a relatively small percentage of them emerge into adulthood as strong, independent young men that are able to take care of themselves and start families of their own.

In America today, the percentage of men in prison is at an all-time high, the percentage of men with a job is near an all-time low and the percentage of children living without a father is at an all-time high.

Do we have a crisis on our hands?

Yes, we most definitely have a crisis on our hands.

The following are 32 facts that show how men are being systematically emasculated in America today…

#1 The labor participation rate for men has been steadily declining over the years…

In the 1950s, nearly every man in his prime working years was in the labor force, a category that includes both those who are employed and those actively applying for jobs. The “participation rate” for men ages 25 to 54 stood at 97.7% in early 1956, but drifted downward to a post-war record low of 88.4% at the end of 2012.  (It ticked up very slightly at the start of this year to 88.6%.)

So where have all the men workers gone?

Some went into prison. Others are on disability. And still others can’t find jobs and have simply given up looking.

#2 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.  The chart posted below illustrates this stunning decline…

Men - Employment-Population Ratio

#3 During the last recession, men lost twice as many jobs as women did.

#4 According to Time Magazine, unemployed men are significantly more likely to get divorced than employed men are.

#5 According to the Economic Policy Institute, the “real entry-level hourly wage for men who recently graduated from high school” has declined from $15.64 in 1979 to $11.68 today.

#6 Between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#7 Thanks to government policies which are killing off small businesses in America, the percentage of self-employed Americans is at an all-time low today.  This has had a disproportionate impact on men.

#8 In 1982, 1.9 percent of all men were receiving disability benefits.  Today, 3.1 percent of all men are receiving disability benefits.

#9 According to one very surprising study, “young, urban, childless women” make more money in America today than young, urban, childless men do.

#10 More than half of all middle management jobs in America are now held by women.

#11 More than half of all health care jobs in America are now held by women.

#12 The United States has the highest incarceration rate on the entire globe by a very wide margin.  Overall, the U.S. has approximately 25 percent of the entire global prison population even though it only has 5 percent of the total global population.  Men make up the vast majority of those that we are holding in our prisons.

#13 Incarceration rates for men in America have been steadily increasing over time.  The following is from a recent CNN article

Looking at those born just after World War II, some 1.2% of white men and 9% of black men had been to prison by 2004, according to Bruce Western, a Harvard sociology professor. But looking at those born 30 years later, some 3.3% of white men and 20.7% of black men had been to prison.

#14 According to the Pew Research Center, only 51 percent of all American adults are currently married.  Back in 1960, 72 percent of all adults in the United States were married.

#15 Males account for approximately 70 percent of all Ds and Fs in U.S. public schools.

#16 About two-thirds of all students in “special education programs” are boys.

#17 The average American girl spends 5 hours a week playing video games.  The average American boy spends 13 hours a week playing video games.

#18 The average young American will spend 10,000 hours playing video games before the age of 21.

#19 One study discovered that 88 percent of all Americans between the ages of 8 and 18 play video games, and that video game addiction is approximately four times as common among boys as it is among girls.

#20 In 2011, SAT scores for young men were the worst that they had been in 40 years.

#21 According to the New York Times, approximately 57 percent of all young people enrolled at U.S. colleges are women.  That means that only 43 percent are men.

#22 It is being projected that women will earn 60 percent of all Bachelor’s degrees from U.S. universities by the year 2016.

#23 Once in college, women are much more likely to complete their education and get a degree…

Women born in 1975 were roughly 17% more likely than their male counterparts to attend college and nearly 23% more likely to complete a four-year degree, according to data in Wayward Sons.

#24 Young men are nearly twice as likely to live with their parents as young women the same age are.

#25 Back in 1950, 78 percent of all households in the United States contained a married couple.  Today, that number has declined to 48 percent.

#26 The marriage rate in the United States has fallen to an all-time low.  Right now it is sitting at a yearly rate of 6.8 marriages per 1000 people.

#27 Today, an all-time low 44.2 percent of Americans between the ages of 25 and 34 are married.

#28 The U.S. family is rapidly breaking down.  100 years ago, 4.52 were living in the average U.S. household, but now the average U.S. household only consists of 2.59 people.

#29 At this point, approximately one out of every three children in America lives in a home without a father.

#30 The United States produces more pornography than any other nation in the world.  Men consume far more of that pornography than women do.

#31 An astounding 30 percent of all Internet traffic now goes to pornography websites, and one survey found that 25 percent of all employees that have Internet access visit sex websites while they are at work.

#32 In the United States today, political correctness reigns, and any reference to the male gender is being stamped out of our language.  For example, all over the country the term “manhole” is being replaced with the terms “utility hole” or “maintenance hole”.

So what do you think?

Do you believe that men are being systematically emasculated in America today?

Please feel free to share what you think by posting a comment below…

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