-
RSS Follow Become a Fan

Recent Posts

Q&A with Sen. Tom Cotton
Q&A with Sen. Ron Wyden
Q&A with Rep. Louie Gohmert
Q&A with Rep. Ted Lieu
Q&A with Sen. Tim Scott

Categories

Adam Kinzinger
Adam Weigold
Affordable Care Act
Agenda 21
Ajit Pai
Al DeKruif
ALEC
Al-Qaeda
American Enterprise Institute
American Legislative Exchange Council
America's Future Foundation
Amy Koch
Andrea Kieffer
Andrea Mitchell
Androids
Ann Coulter
Apple
Arlen Specter
Arne Carlson
Atlas Shrugged
Bad Legislators
Bad Republicans
Barack Obama
Barbara Banian
Bashar al-Assad
Ben Ginsberg
Ben Golnik
Ben Wiener
Benghazi
Beth Cobert
Bill Jungbauer
Bill Paxon
Bill Pulkrabek
Bitcoin
Bloopers
Bob Barr
Bob Corker
Bob Davis
Bob Gunther
Bobby Joe Champion
Book Reviews
Branden Petersen
Brandon Petersen
Brandon Sawalich
Brian Johnson
Bron Scherer
Brookings Institution
Budget Control Act
Carla Nelson
Cass Sunstein
Cato Institute
Caucuses
CCHF
Chamber of Commerce
Charles Chaput
Charlie Rangel
China
Chip Cravaack
Chris McDaniel
Christine O'Donnell
Christopher Painter
Civil Forfeiture
Claire Robling
Climate Change
Common Cause
CREW
Cybersecurity
Cynthia Lummis
Dan Hall
Dan Severson
Dave Brat
Dave Senjem
David Fitzsimmons
David Sturrock
Department of Justice
Department of Labor
Diane Johnson
Diane Rehm
Dick Armey
Donald Trump
DrudgeReport
Ed Morrissey
Education
Edward True
edX
Elijah Cummings
Erick Erickson
Erika Harold
Evie Axdahl
FBI
FCC
FEC
Federal Budget
Federal Communications Commission
Francesca Chambers
FreedomWorks
Gambling
Gay Marriage
General Electric
Geoff Michel
Global Warming
Good Legislators
Greg Davids
Growth & Opportunity
Growth and Opportunity Report
Haley Barbour
Harry Reid
Henry Barbour
Heritage Foundation
Hilda Solis
House Amendment 111
Iowa Caucus
Iowa Republican Party
Iran
IRS
ISIS
Jabhat al-Nusra
Jake Duesenberg
Janet Beihoffer
Jason Chaffetz
Jason Lewis
Jeff Bingaman
Jeff Flake
Jeff Johnson
Jeff Sessions
Jeh Johnson
Jim Abeler
Jim Oberstar
Jim Taylor
Joe Scarborough
John Blatnik
John Boehner
John Chafee
John Cornyn
John Gilmore
John Howe
John King
John Kline
John Kriesel
John McCain
John Nolte
John Yoo
Jonathan Merritt
Josh McKoon
Julianne Ortman
Julie Rosen
Justin Amash
Katrina Pierson
Keith Downey
Keith Ellison
Kelly Fenton
Keystone XL
King Banaian
KTLK
Kurt Bills
Kurt Daudt
Kurt Zellers
Labor Department
Laura Ingraham
Lee Goodman
Liberal Republicans
LightSquared
Linda Killian
LookTrueNorth
Loretta Lynch
Lost Generation
Louie Gohmert
Marco Rubio
Margaret Cavanagh
Marianne Stebbins
Mark Buesgens
Mark Dayton
Mark Foley
Mark Kennedy
Mark Meadows
Martin O'Malley
Marty Seifert
Mary Franson
Maryland
Matt Dean
Matthew Feeney
Media Bias
Mercatus Center
Michael Brodkorb
Michael Cummins
Michael Gerson
Michael Kubesh
Michael Mukasey
Michele Bachmann
Mike Benson
Mike O'Rielly
Mike Osskopp
Mike Parry
Mike Pompeo
Mike Sommers
Minimum Wage
Minnesota Budget
Minnesota Conservatives
Minnesota Legislature
Minnesota Republican Party
Minnesota Tea Party Alliance
Mitch Berg
Mitch McConnell
Mitch Pangerl
Mitt Romney
MNGOP
Modern States Education Alliance
MOOCs
Morrie Lanning
Nancy Pelosi
NARAL
National Security
Neal Peterson
Net Neutrality
New York Times
Newsbusters
Newt Gingrich
NFL
Norm Coleman
Norm Ornstein
NSA
ObamaCare
OccupyDC
Office of Fossil Energy
OPM
Orrin Hatch
Ottawa
Pat Anderson
Pat Buchanan
Pat Garofalo
Pat Shortridge
Paul Demko
Paul Gosar
Paul Koering
Paul Krugman
Paul Teller
Pete Hegseth
Pete Nelson
Pete Sessions
Peter King
Phil Krinkie
Pine City
Pine County
Pine County Republicans
Politics in Minnesota
President 2012
Privacy
Q&A
Racino
Rand Paul
Raul Labrador
Ravi Zacharias
Reason Magazine
Redistricting
Reince Priebus
Religious Freedom Restoration Act
Renee Ellmers
Republican Liberty Caucus
Republican National Convention
Republican Party of Minnesota
Republican Study Committee
Rich Murray
Rick Nolan
Rick Perry
Rick Santorum
Rick Weible
Right to Work
RNC
Rod Hamilton
Rodney Davis
Roger Crawford
Ron Carey
Ron DeSantis
Ron Erhardt
Ron Latz
Ron Paul
Ron Wyden
Rory Koch
RSC
Rudy in the Media
Ryan Winkler
Ryan-Murray
Scott Dibble
Scott Honour
Sean Duffy
SEIU
Sharon Angle
Simply Right
Simpson-Bowles
Socialists
Solar Power
Solyndra
Stadium
Star Tribune
State of the GOP
Steny Hoyer
Steve Gottwalt
Steve Hensley
Steve Jobs
Steve Largent
Steve Perkins
Steve Scalise
Steve Smith
Steven Chu
Stingrays
Sue Jeffers
Syria
Tad Jude
TARP
Tarryl Clark
Tax Foundation
Taxes
Taxpayers' League of Minnesota
Tea Party
Ted Cruz
Ted Lieu
Ted Lovdahl
Terry McCall
Thad Cochran
Thomas Mann
Thomas Massie
Thomas Miller
Thomas Sowell
Tim Cook
Tim Faust
Tim Griffin
Tim Huelskamp
Tim Kelly
Tim Pawlenty
Tim Scott
Title II
Tobacco Taxes
Todd McIntyre
Tom Clougherty
Tom Coburn
Tom Cotton
Tom DeLay
Tom Emmer
Tom Graves
Tom Harkin
Tom McClintock
Tony Sutton
Trans-Alaskan Pipeline
Twila Brase
Unemployment
Unions
Vin Weber
Virginia Foxx
Walter Mondale
Warren Buffett
Wilfare
Will Hurd
William McBridge
Xi Jinping
Yvonne Prettner Solon
Zygi Wilf
powered by

Rudy Takala's Columns

The War on Students?

Authored for  FreedomWorks.

“Higher education is still the best ticket to upward mobility in America,” President Obama  said  last year. “And if we don’t do something about keeping it within reach, it will create problems for economic mobility for generations to come.”

It is a common refrain from political leaders that it is necessary for students to pursue a college education. The cost of that education comes at rising cost, with graduates of the 2012 class  holding  an average of $29,400 in student loan debt.

Yet even as President Obama implores Americans to pursue that debt for the sake of “mobility,” graduates find themselves increasingly unable to find jobs in Obama’s economy.

The unemployment rate for Americans aged 18-34 has consistently  remained  around 16 percent for the duration of Obama’s administration, while wages for graduates 21-24 “dropped 7.6 percent (9.4 percent for men and 6.6 percent for women)" between 2007-12” according to a report issued by the Economic Policy Institute.

High school students have been continuously told by their political leaders that higher education is the key to success. As a  result,  33.5 percent of Americans aged 25 to 29 held a bachelor’s degree as of 2012. That was up from 24.7 percent in the same demographic in 1995, and 21.9 percent in 1975.

As the number of those seeking a college education has increased, so has the cost, at a rate much higher than inflation.  Since 1985,  the overall consumer price index has risen 115% while the rate of inflation for college education has risen by nearly 500%.

What has caused the spike in cost? It has been mainly two factors. One is the increase in demand. The second is the federal government’s willingness to subsidize higher education at any price its administrators demand, no matter how high. Veronique de Rugy of the Mercatus Center and Neal McCluskey of the Cato Institute have  produced  some substantive analysis on the effect that tuition subsidies have on the cost of education. Writes Neal McCluskey:

The basic problem is simple: Give everyone $100 to pay for higher education and colleges will raise their prices by $100, negating the value of the aid. And inflation-adjusted aid--most of it federal--has certainly gone up, ballooning from $4,602 per undergraduate in 1990-91 to $12,455 in 2010-11.

The very tuition aid that politicians like President Obama say is supposed to help students has had the opposite effect by forcing tuition costs to rise and forcing Americans to take on increasingly overwhelming loans.

In spite of the fact that so many students are obtaining college degrees, their participation in the economy has continued to suffer. For instance, according to a  survey  released by Rutgers University, only 51 percent of those who graduated from college in 2006 and after held jobs in 2012.

Another feature of this crisis is that it harms young women in particular. Women disproportionately  earn more  advanced degrees than men, taking 56.7 percent of bachelor’s degrees in 2013 and 59.9 percent of all master’s degrees.

When it broke that Duke undergraduate Miriam Weeks had  resorted  to pornography to pay for her $200,000 tuition, some outlets  questioned  whether tuition costs were becoming unreasonable. Weeks echoed the sentiment that the debt was unsustainable: “We need to stop looking at loans as a solution to fix our education system, because they're crippling our economy.”

Some will argue that everyone should have equal access to education and the ability to pursue their dreams. The problem is that advanced degrees aren’t always the way to make that happen. Increasingly, the debt that higher education shackles to its students represents a barrier to their dreams.

Instead of encouraging students to pursue higher education, institutions of education might consider encouraging students to learn specific trades. Because students have been steered away from trade professions for decades, there are shortages that translate into lucrative opportunities. The American Welding Society, for one,  estimates  that by 2020 there will be a shortage of 290,000 welding inspectors, engineers, and teachers. Those entering the profession can hope for salaries of well in to a six figure range.

Americans are being misled by leaders like President Obama who want them to believe that becoming debtors to the federal government will make them successful. With no jobs and an overabundance of students who all have the same degrees, Obama’s suggested path will do little more than keep Americans broke and unemployed.

0 Comments to The War on Students?:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
Website Builder provided by  Vistaprint