Tuesday, April 10, 2012

"Higher Education" Cartoon Commentary


Kudos to Mr. Jeff Parker for dramatizing the rising cost and costs to acquiring a college  education. Students are reaching for a more elusive handout, which will only cause student, scholastic, and state to tumble and fall.
However, I do not believe that the cartoonist properly labeled the outstretched arm dangling a degree. Instead of indicting budget cuts and rising tuition, which are an effect,  this country needs to place the responsibility for rising costs and diminished returns on the state subsidies to universities and student loans which are depressing wealth while wearing down the worth of a college degree.

The cost of a post-high school graduate degree exceeds inflation by at least five points. Stop the loans, stop the subsidies, throw in a mandatory course in Austrian economics plus the proper investment for job training, and today’s youth will face a brighter future without hurting under horrendous debt.

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