Cutting costs would solve student debt problems


It looks like the cancel crowd has chosen another hatchet to sharpen. The new-age abolitionists that they are, the members of this block are looking for student loans and IOUs. The extremists on their team don’t settle for a partial win or a percentage, they want the whole kit and caboodle gone and they put pressure on our beleaguered White House daily. Several reasons are given for this desired disappearance of debt, starting with the high cost of tuition.

You don’t have to look far to find pork to trim. Thanks to a spasm of PC initiatives, higher education centers now boast a pantheon of pedagogues, with a cornucopia of foreign educators (and their secretaries, assistants, offices, etc.). You ask, “Do we need the additional expertise of a Dean of Diversity? The magnanimity of a dean of inclusion? The imagination of a dean of student activities? Pulling a few paychecks into administration would help; the real market does this regularly.

Then there’s the problem with students who rack up huge loans but don’t finish college, like dropouts. About 40% of “borrowers” ​​rack up a two-year tab and then either themselves, or the college, decide they’re in the wrong situation, grade level or otherwise. After all that moolah ill-spent, should admissions be harder or easier?

Finally, there are the graduates who have a new career that isn’t lucrative enough to get them out of debt. Another reason to suggest that majors, courses and classes in short-lived “studies” may, despite being an easy-to-enroll card, leave their followers with a few niches in the arena of hiring a modern economy. You can try your hand at Macedonian pottery, but don’t expect many job openings outside of a kiosk in Heraklion. Somehow a degree in some esoteric business didn’t water your eyes at the last job fair, so don’t lament a dinero shortage. Also, further savings on tuition could be found by downgrading some of these “majors” to “options” or good old characters, as this would reduce the faculty list of department heads and save an extra dollar or two. .

In short, this problem can easily be mitigated by reducing campus extras, improving entry requirements, having a leaner and meaner faculty, and offering only practical majors.

Bill Fergusson



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