Friday, December 5, 2014

yeah. here's the thing. as far as existing capitalism is concerned, academics are a step down the ladder of uselessness from artists. at least artists make a product. academics are basically just collecting bloated welfare checks from the government.

so, you ivory tower types might want to be careful about those arguments. when it comes down to it, you're ahead of me in line for the market guillotine.

there's actually even been talk of the student loan bubble bursting....

it's really a matter of time before the lending institutions clue into the reality that they're giving out loans to people that can't pay them back. and, when that happens, and they pull the plug, the whole sector is going down.

the reality is that education isn't a way to anywhere, it's just a state sector economy. and it's not profitable. that's not sustainable in the economic system we live in.

so, let's be careful about what kind of ideas you're throwing around, alright?

no. no. stop. logic...

if people can't pay their loans back, it means there's not enough jobs. and, if there's not enough jobs, there's not a value in sending people to school. it becomes an unprofitable investment.

so, the logic of student loan forgiveness or reduced tuition does not exist. the logic that does exist is one of pushing people into service sector jobs, and returning higher education back to the upper classes.

with that, comes massive layoffs in the education sector.