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Pop quiz: What’s the one major consumer expense that has been rising at a faster rate than healthcare?

Take a look at this chart:

Academia. What a scam.

In 1971, the Supreme Court ruled in Griggs v. Duke Power Co., in the first and most famous of the disparate impact theory cases, that the use of broad-based aptitude tests in hiring practices was a violation of Title VII of the Civil Rights Act. Around 1978, college tuition costs began to skyrocket, and haven’t let up since.

Coincidence? I think not.

The answer to busting the hyperinflationary tuition cost curve is to overturn the Griggs ruling. Employers, deprived of the opportunity to directly screen job applicants, have turned to the next available proxy tool of judgment: college degrees. Naturally, this initially caused the value of a college degree to rise, a stampede of mediocrities rushed into the hallowed halls, and then the college degree was gutted of its worth as employers began to realize how many useless grads academia was churning out. In the fallout, the game was ratcheted up a rung, tuition costs blew up because academia now had monopoly power over employer screening (think of academia as an entrenched and enriched middleman), and the master’s degree has become worth what the bachelor’s was in the past. And the bachelor’s degree? Well, say hello to communications and women’s studies majors.

Faculty and university admin, of course, hate the thought of Griggs being overturned, and disparate impact cases in general going the way of the dodo. Who could blame them? They know that “disparate impact” is code for “butters my bread”.

71 Responses to “How To Destroy The Education Racket”

  1. n/a says:

    And then we have to endure braindead cant about how “women” are “leaving men behind” because females are getting more and more of these *utterly worthless* “degrees.”

    Spectacular idiocy.

    Again we have “feminists” dictating the rules of the game.

    Bad news.–

    • Anonymous says:

      But that’s how they roll– man better have a better degree and pay my bills or he’s not marriagable! Bitches be trifling’ with worthless ass degrees they got after ‘ho-ing around for six years and getting in major debt. Screw them and their crabs.

  2. Hmmmmm says:

    That’s bad reasoning, the Griggs ruling would not explain the run up in the last decade.

    There is another factor. Schools basically charge whatever the average student can pay annually, plus whatever the government subsidizes. The student portion of the fees have not gone up, but the government subsidies have. And these subsidies are not going to Harvard, Cornell, Princeton, etc. They’re going to “accredited” but piece of shit schools, whose diplomas are worthless among the cognoscenti, but nevertheless used by some low-grade employers (e.g. does a cop really need to have taken calculus or a freshman writing seminar to pull you over?).

    We should re-direct the subsidies to good schools and cut out the accreditation scam.

    • Ballsdeep says:

      To receive maximum federal funding, schools must also raise tuition a set amount each year. Why does the federal government want higher tuition rates every year? Probably because we’re being *sscocked by the fed.

    • passingby says:

      Why subsidize any of it? Those schools have literally billions in the kitty already.

    • Chuck Rudd says:

      It’s all tied in together. Griggs set the table for college degrees to become worth so much to employers making hiring decisions. It became their only metric for sifting through piles of applications. We’re no longer choosing for IQ or mental ability per se; we’re now choosing for something that indicates IQ or mental ability (loosely) and universities can make money off of it.

      Government enters the fray – distorting the market – and creating a bubble where colleges and unis have no natural curb to the prices they charge their customers. They know they can charge X amount and that the government will ratchet up student aid and subsidize enough loans to ensure that they get paid.

      So Griggs doesn’t directly cause this, but it immediately distorts the market and everything else falls to shit from there.

    • Thor says:

      No, the Supreme verdict is a large part of the problem. But so
      are subsidies. It is a general rule that if you subsidize a small
      segment of buyers, they collect the subsidy. Subsidize a large
      segment, and the vendor jacks up his prices, absorbing most
      of the subsidy. For some reason that I do not understand, this
      absorption goes further than what you would expect under
      general and plausible assumptions about price and demand elasticity etc.

      Incidentally, there are (at least subjectively) to types of
      “worthless” degrees, namely
      a) Those whose very subject is worthless, such as
      “xxxxx studies”. Try the new Euro hairdo and do
      “white studies”.
      b) Those that are at least in some sense legitimate subjects
      (OK, subjective), but where the market has too many
      applicants for the available slots. This includes not only
      studies of Italian Art, but even some “hard” subjects like
      physics. There are LOTS more grads than available
      positions in either case.

      In any case, the course of study is at least as important as
      the university/college.

      Thor

  3. Anonymous says:

    BA… all those airheaded Human Resources clods (women) with communications, “studies” and other politcally-correct “degrees” that don’t mean what a good high school education used-to. Remember that when some quota queen in HR who reads your mandatory diversity training right out of the book parades around that she’s now a “college graduate” after shelling out mad bucks to University of Phoenix online for six years like she just through Yale magna cum laude in three years resident.

  4. Southern Man says:

    Forty years ago about a third of the guys and a quarter of the girls went to college. Today, about a third of the guys and 70% of the girls go to college. The result is, sadly, predictable. On the upside, for the guys that DO go the F/M ratio is quite favorable.

    disclamer: Southern Man is a university professor in a STEM field.

    • Anonymous says:

      Hypergamous ignorant bitches with a college degree (such as it is) and a big sense of entitlement… gentlement get a prenup that includes paternity testing and a cheating penalty if you value whatever you’ve worked-for.

  5. anonymous x says:

    You can thank the expansion of credit through the easy money of student loans. Which are not possible to get rid of through bankruptcy since the bankruptcy reform of 2005. Given that the student loans outstanding now total higher than consumer credit, it bears a much higher degree of blame than Griggs for the rise in tuition costs. Griggs would not have nearly the effect you claim it does without the rise in credit made available for college tuition.

    The problem with student loans is that the full guarantee backing of the government has let the banks and colleges completely off the hook for proper risk assessment of individual loan applications. Consequently the channel has been stuffed so thoroughly, where the heck do you think all the money for the fancy new facilities is coming from?

    • Hippopotamus says:

      This comment wins.

      Eastney = schools charging whatever they want because they know students will get loans.

      When you give 18 year olds $100k, they are not thinking of what happens when they graduate. This is how you chain your people. Give them, loans, then don’t give them jobs and shackle them to repaying for the rest of their lives. Good ‘ol ‘Merica

      Hood old

  6. Anonymous says:

    Education is pricey yet employers can’t find skilled workers. Democrats want open borders yet skilled workers can’t get citizenship and have to go back to their countries. Mitt Romney has a plan against this disparity, but is not jackass enough for voters.

    • Anonymous says:

      Unskilled labor– Mexcio’s number 1 export. Democrats should worry about actually educating people and reining in its price… but they won’t. Romney is too jackass (not enough testosterone) for too many voters.

  7. 357 says:

    I graduated from a respected Carnegie one research institution … my bachelor’s degree is as worthless as the piece of paper it’s printed on. If I knew then, what I know now, I would’ve STEM’d it up.

    Five and a half years post graduation, a graduate education is in order to fund my single lifestyle, the way I envision, as I enter the Matrix and realize Alphadom.

    MBA, here I come.

    • lzozolzolzo good luck getting your MBA

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      MBAs are as wothelessesz as da fiat dollarz dat you borrow to buy them lzozlzlzo

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      • 357 says:

        An MBA from a top school will open doors, but I do agree, somewhat: in most cases, they’re worthless. The credential will maximize my earning potential, which’ll, in-turn, assist in maximizing my SMV.

        That’s the game plan until the toilet, that is the US, is flushed by a collapsed dollar.

    • Student says:

      “MBA, here I come.”

      i think you miss the point of this article. the only mbas worth consideration are ones employers pay for. because that’s what an mba is, it teaches you how to be a decent mid-management corporate drone.

    • Anonymous says:

      Don’t forget to be an abnoxious A-hole… chicks dig that, long after they shouldn’t. They all lie and think with their crotch today anyway, so don’t worry yourself about it.

  8. James says:

    Charles Murray says you should need an average IQ of 115 to be eligible for college.

    • Anonymous says:

      True… it would get rid of a lot of entitled idiots with worthless degrees they got in 6 or 7 years with mountain of debt they can’t hope to pay-off. Might make a college education worth something again.

  9. Anonymous says:

    Entitlement society such as Affirmative Action drives up the price for those who actually pay their way. This will either end in 20 years when whites reach minority status or will result in whites being given special privileges.

  10. Mr. Roach says:

    There’s also a hole cabal of corporate “HR Professionals” who no longer believe in merit, accept all the racism-is-everywhere view pervasive in the culture, and would flip out if they revealed how much more stratified our society would be by race if we were allowed to look at transparent numbers rather than degrees from wherever, which mean different things depending who got them. Also, a lot of time and effort is wasted on degrees in communications and business by solid, 115 IQ people that really have no interest or aptitude in studying Shakespeare or the scientific method. They should mostly be working if they wish, and thy should be able to distinguish themselves from dummies with a simple test.

    This whole problem has probably most pernicious in federal hiring, though, which is basically a “who you know” mafia concealed by a superficially rigorous and objective hiring process that looks at KSAs, etc. But if you look at the quality of the typical state and federal worker compared to what you find working in management at the average Wendy’s, it’s clear government could benefit even more from restoring the nonspecific civil service exams they abandoned in the Carter administration.

    • Anonymous says:

      Yeah, but you forget, Stupid People Power… they tend to vote for whomever gives them the biggest handout and hates tests (Democrats).

  11. Marco says:

    and don’t forget student loans

  12. Pablo says:

    Full disclosure: I have two bachelors and a master’s degree and I now work as a junior high teacher.
    The education paradigm is indeed a racket. It’s all part of an effort to build a progressive society where the elite cognoscenti’s worldview is promoted and embraced. Truth and knowledge are secondary (or even tertiary) concerns. What matters is not what students learn but rather what they believe. I’m not kidding.
    I’m 46 years old and only paid off my student loans last summer. Meanwhile, an old high school friend of mine started his own contracting business right out of high school and now owns 3 homes. And I’m supposed to promote higher education to kids???
    I’m telling my own teenager to explore the trades instead of going to university. Seriously, who cares if you know the difference between nihilism and existentialism?? This credentialism crap has gone too far, and the sooner men abandon the sinking ship, the better.

    • Matt says:

      I’m curious, how much debt did you have where it took you that long to pay off? I’m a 20yo accounting major and when I graduate I expect to have 25-30k in debt.

    • PA says:

      And now with the Internet, you can learn the difference between nihilism and existentialism without having to pay for college classes.

      I learned more about the humanities from bloggers and commenters than I did in college.

    • askjoe says:

      or it’s like what I said about feminism, it’s not an academic field, it’s an incestuous, credentialing racket.

    • Anonymous says:

      Yup, spout all the right things your professors want to hear and get the credentials to $$$ and influencial positions. Actually lean something? Oh, that’s “logocentric,” too “white” or, now, “racist” any more. Political correctness and drinking the proverbial Kool Aid is where it’s at today… be sure to use “social justice” and “99%” a lot when you talk.

    • GeishaKate says:

      Well, I have only one bachelor’s degree and one master’s degree and I work as a high school teacher. I am very pleased when I see students participating in our school’s vocational technical school branch as I get the feeling these students are going to have jobs in the future.

      The cost of education relative to the knowledge attained is ridiculous. And I have been wondering for some time whether I will encourage my daughter to go or not. Hell, I can “home college” her in the liberal arts myself. Would the incredible amount of money going to her “eduction”/extended summer camp not be better off buying her a house? Or helping her start her own business? (or a dowry? ;) )

      The case of your contractor friend’s success may be a small percentage and it would be hard to argue that he wasn’t pretty intelligent in order to pull that off in the first place. I think it comes down to whether you are willing to take that kind of risk or go the safe route. But many jobs the more acedemic students will want are going to require that piece of paper. Will we see smarter people refusing to buy their degrees and have a more intelligent serving class while those who stupidly continue a broken tradition become slaves to their white collar work?

      Colleges, for the most part, have simply become aggrandized high schools. University study, at its inception, was simply a place for the learned to gather and discuss. What we call “office hours” was essentially university education. Each person determined their own course of study and was overseen by a mentor.

      I know of someone who used this method (let’s call it the Good Will Hunting method) and came away with probably a much better education than any formal curriculum could have provided.

      • GeishaKate says:

        post script: Of course, the irony here is that only the most educated can see that education has lost its value! The Romantics were right :)

  13. Anonymous says:

    Thought-provoking post, although growth in sectors that traditionally have required college degrees (as opposed to, say, the industrial jobs in Griggs) probably accounts for a substantial portion of the increase in tuition.

  14. anon #2 says:

    The problem was that the Supreme court even got involved in these matters at all.

    This should be a local State issue. If the State you live in wants to have institutionalized racism i.e. quotas, go for it, if they want to let everyone be racist in a more natural way (come on people be honest), go for that too.

    The point is, this is what happens when one group of people (the feds) usurp power that doesn’t belong to them.

    Whatever form of racism works better for you, it should be up to the people who live in your State to make that decision.

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  16. drunicusequus says:

    The value (the real value, to western society) also plummeted right around that time as classics departments were pitched out – “dead white men,” you know, idiots like Homer, Herodotus, Pythagoras, and and Gibbon were shown the door.
    Hello, flagrantly WRONG “thinkers” like Marx, Keynes, Galbraith, and about ten gazillion hairy, angry, fatso feminaziis.
    Around this time, too, and shortly thereafter, our public schools became refuges for people who otherwise would have trouble snapping fenders on at Chrysler, but were paid similarly. And in short order, we started having to.import roughly half of our scientists, mathematicians, doctors, financiers, and other quants from India, Russia, China, and Europe.
    That we can produce even the level of brainpower we do now is an impressive acheivement, given the leftist crap that infects most of academia.
    Harvard’s proudest accomplishment currently, for example, us their female “president.”
    She’s not of course a physicist, nor an economist, nor even a physician, but is instead a “historian,” whose work is of course mostly leftist, Marxist, PC crap.
    All the same, a STEM degree with an MBA, along with a few computer languages, pretty much guarantees you a six figure income.
    Just be smart about it and go to a cheaper “public” college. When you have to fix the badly broken problems lawyergirls, marketing matrons, and HR hoors create at their companies, they’ll have to hide the snottiness their Comp Lit degrees from Brown created. (As if it’s that hard to write a paper on an overrated novel.)

  17. carolyn says:

    maybe it would help if there were a movement to encourage job applicants to volunteer sat and/or gre scores on their resumes with proof- a copy of the report form from the ets. maybe w/o going to either college or grad school.

    cut out the middleman.

  18. Student says:

    there’s no doubt post-secondary education is a financial hustle, that the greed of college admins is inflating the cost of education well beyond the value that it guarantees.

    that said, for most people w potential (for greatness), getting a BA is still a wise investment, as long as its done w foresight and a specific strategy. the real value of post-sec is the value of developing a social network. i enjoy comparing myself with my grade and high school peers, because it is staggering to see the wheat rise from the chaff, and how few people find themselves in the “wheat” category. most of those who are destined for an inferior existence either went without or went to a sub-standard secondary institution, and as a result have limited social networks. getting a BA is obviously not a sufficient condition for success; but if you join the right groups, build the necessary skills, and meet the right people, it will be the best investment you ever make. post-grad, on the other hand, is a crapshoot. it can either work really well or be an utter financial catastrophe.

  19. Caffeine says:

    try being a BigLaw layer, physician’s assistant, investment banker, plastic surgeon, tax accountant w/o a college degree. a majority of the college degrees are useless, but some are not.

  20. John Norman Howard says:

    In a sane society, colleges are institutes of higher learning… not farm clubs for nigger ball or coffee klatches for entitled cunts.

  21. Institutionalized education is pointless; it serves mainly to facilitate the creation of personal networks (future business partners, close friends, spouses, etc.) and maintain ancient notions of class and culture.

    From an information standpoint, institutionalized education has probably been useless since the advent of easily accessible libraries. It is even more useless today with the internet. Why listen to some decorated professor’s lecture when you can look up the information you need instantaneously? If the answer is ‘cultivation,’ I’d rather keep my $150,000 and pick up the information on my own.

    As Charles Murray has said, though, a huge part of it is the stigma of not attending and graduating. If you don’t go, people will assume you aren’t bright enough, even though you might possess a marvelous intellect.

    College is mostly about class; in fact it has always been so. Almost no occupations require years and years of study to reach competence; college has always been about privilege for the leisure class.

  22. Coral says:

    I just love reading these posts. Makes me so happy of my citizenship…

    Free primary and high-school in globally top-ranked public schools, government-sponsored BSc. & MSc. in engineering and should I return back home, they would pay for my doctoral studies as well. Hell, they even paid my travels around the world as I did my student exchanges in Europe and Master’s thesis in Asia. And naturally they paid a decent allowance for the 6 years it took me to graduate.

    Life’s good.

  23. PA says:

    If “disparate impact” jurisprudence were applied consistently and in good faith, all of the Civil Rights rulings from 1954-on would have been dismantled.

  24. Betondo Fuchatuch says:

    What a fantastic racket the U.S. higher education system is. Not only is it the one American institution that hasn’t evolved at all since its inception (elder up front spouting stuff to a mass of students), it also prepares people for work in a 1970s economy. But it’s best magic trick is getting people to believe that in order to get ahead in the world, they have to go to college regardless of the abundant truth to the contrary. And the Marxists professors, who incidentally either don’t know how free markets works or won’t teach it, churn out legions of future Occupiers who bitch about corporate greed while taking pictures of the event on their i-phones and posting them on their Facebook pages. Two creations by individuals who didn’t finish college and built successful enterprises that provide fun stuff for profit and employment for many thousands. What a masterful fucking coup!

    So people get loans that cannot be expunged (not even through bankruptcy) and they compete in an ever-decreasing job market for wages that don’t cover basic living expenses plus the cost of loan payments. A trillion dollars (and rising) in college tuition debt. What a deal.

    Tell Jobs, Dell, Gates, Kroc, Turner, Zuckerberg, Brin, Culpeper, Ellison, Eastman, and Disney how much they need to go back and complete their degrees. Better question – ask them how much of their higher ed schooling are they using every day to cut deals, build alliances, grow their businesses and make more dough.

    I remember telling my former wife (after she decided to go back to school to earn her masters) that I don’t want school to interfere with my education (Twain), and she gave me that Victrola dog look. Now many years later, I’m running 3 small profitable enterprises with no debt and she’s teaching middle school to pay her education bills. People can jam themselves into Priuses and Leafs all they want, but that used, big-assed 2006 Lexus was fucking made for me. I just had to do the right work to earn it.

    BTW – if your goal in life is to make money without piling up 4-6 years of college debt (and losing those years, when you could be using those years), read The Education of Millionaires by Ellsberg. It will NEVER be required reading in schools.

  25. askjoe says:

    Interesting assessment of a decision I had long ago forgotten, if I had ever learned about it at all in LS. Still, tuition is a government funded bubble since everyone is loaned (not given), what, $40K a year for their degree regardless of intelligence, grades, degree, or college.

  26. Mr. C says:

    In Australia, tertiary education is our third biggest export.

    Australia’s education sector earns more than exports of wool, meat and wheat combined.
    Australia earns much more providing education to international students than it does from the export of gold – and Australia is the world’s third largest producer.
    More than 4 percent of all the people in Australia at any one time are foreign students.

    Australian Universities have become overly reliant on mainly Asian students (predominantly Chinese) partly due to the lack of government funding to Universities.

    The result of this that Australian Universities have essentially become Supermarkets for cashed up Asians to buy degrees.

    You would be suprised how poor the English language skills of many of these students is and the dirty secret of the University sector is that academic standards have dropped as academics are compromised by the fee paying culture.
    Essentially it boils down to failing fee paying Asian students is bad marketing.

  27. Earthquake McGoon says:

    Throw in student loans that are easy to get, and federally backed so the lender is no more at risk than they would be if they invested in US Treasuries, yet they get to reap a much higher interest rate on the loan.

  28. Anonymous says:

    They should have took all the stimulus money and put it into healthcare.

  29. RL says:

    When I made my applications for financial sector jobs in UK, we were screened with SHL aptitude tests (mostly verbal, numerical and diagrammatic reasoning). Here are some sample questions: http://www.shldirect.com/practice_tests.html.

    Would that be allowed in US?

  30. rod says:

    Imagine if all white men took a weeks annual leave and went on holdays at the same time. Would civilisation last one week with next to no cops, firefighters, surflifesavers, doctors, etc etc etc .

    Perhaps we should do it and give the feminatrix a glimps of their future.

  31. F&P says:

    Need an expert opinion here.
    http://www.jdunderground.com/dating/thread.php?threadId=23506

    Does being on a blind date with a fatty (in public) raise or lower a guy’s DHV to the other women in the bar who see him?

    Guy goes to a trendy bar and meets up with a FAT online date. The other women at the bar seem to now be flirting with him (before the date, while waiting for fatty, he was ignored)

    Obviously, being with a fat chick lowers a man’s market value. The hotter women would NOT date a guy who settled for a low value fatty. So, the women were NOT digging you b/c you were with an ugly girl, b/c you were a “gentleman” or something.

    OTOH, if you looked like you were miserable, they probably figured it was a blind date gone wrong, which raises your value relative to the fatty.

    http://www.jdunderground.com/dating/thread.php?threadId=23506

  32. Trimegistus says:

    “Reform” of education and higher education will be possible only when every college professor and administrator lies bleeding. They will fight to the death to preserve their monopoly and their right to indoctrinate your kids.

  33. Tim says:

    I haven’t commented in awhile but this post made me climb out of my lair. I’m 42 and in my youth obtained a Liberal Arts degree, full of the enthusiasm that only the young will feel. I didn’t know at the time what a scam I was entering into. An undergrad degree is nothing more than an extra-special high school diploma.

    I will still recommend higher ed to anyone – but not on loans. If you can somehow come up with the cash – pay up front, and be done with it.

    But don’t you ever ever ever take out a loan for this fucking scam.

  34. Johnycomelately says:

    Its funny that in jobs where the possibility of death is real and there are genuine physical consequences to actions (rather than not meeting some trivial compliance issue) apprenticeships still prevail.

    [heartiste: excellent point.]

  35. WCP says:

    Would going to a school in, for example, the top 25 in the country, give an edge to those people rather than the ones who go to an average college?

  36. Anonymous2 says:

    Education abuses the very highest quality of men. It’s worse for women, what it does to their value.

    Deferred gratification, instead of immediately wanting a job.
    Responsible debt, investing in oneself instead of a truck or something.
    Honor for women and country, instead of exploitation.
    Volunteering, instead of demanding more pay.
    Giving up one’s time and life for a great cause, instead of breeding more.

    It’s the best people who fail in college, because the social skills to pick up on the scams (and opportunities…) aren’t there, and those who have them choose more fresh hustlin’ instead. And by “fail in college”, I mean graduate with honors from an Ivy and make $40,000 a year after the debt load. That’s typical success now, mediocrity. The 6 figures out of college crowd is doing 80 hours a week…..

    This could cause a revolution one day, and the leftists would have a rude awakening. One should never take advantage of decent people who just want to do everything right, and just want the same lifestyle as their parents, who in fact did not work as hard. Betas hold the moral high ground, for what it’s worth; it might be worth a lot more in this century.

    This is something the blue collar crowd needs to hear. LOUD. College kids WORK HARD and expect a decent reward for it. People talk about parties and sex out of nostalgia, and forget about how much effort it takes to make it even in an average school. Studying marathons, test preparation, ridiculous required classes, etc. It’s not all fun.

    Is it a sign of a healthy country that a mechanic, electrician, computer scientist, and nurse make more than a mechanical engineer, electrical engineer, IT technician, and a doctor?

    (account for time value and debt here!!!)

  37. Nighthawk says:

    The main reason behind skyrocketing education costs is that schools have become corporate to the core and their only mission is to drive for profit. Even the technically non-profit institutions do it because their officials are busily engaged in peppering their resumes with dollar figures with lots of zeroes in them.

    It is really of no concern that there are so many useless degrees being handed out. The people who receive them are subsequently left jobless and in debt so the system essentially works.

    However, there are degrees clearly worth pursuing and earning them at respectable learning institutions is a safe bet for future employment. In no particular order these degrees include: finance, accounting, medical, engineering (varies by type but the challenging ones such as chemical are shoe ins), IT (again varies but skilled IT people can always find jobs), physics, math (by itself too generic, but having a good math foundation can translate into easy pickings for any other technical degree), etc.

    The education bubble will probably continue for a while longer while the students keep burning through the remainder of their parents savings and saddling themselves with huge debts they won’t be able to pay back for decades, but that’s mostly a problem with the general ignorance of the populace. It can be argued that a college degree has lost some of its former prestige, but it’s simply a matter of shifting expectations. A college diploma from crap school X diploma from good school Y and the smart employers are savvy enough to know the difference.

  38. Paladin says:

    Very interesting! I’ve known all these facts before, but i’ve never connected them like this before.

  39. lushfun says:

    Academia also serve as a filter for social nets to a large degree and the shift of class identity was moved from earnings to accolades to some degree at least at start. Long term earnings matter more ofcourse. The sad reality is not that the shift occured but that the education inflation occured with degrees and knowledge being degraded of their intention, critical thinking, process oriented thought, and the scientific method.

    Route memorization, testing, and bureaucratic writing skills have become the push.

  40. WG says:

    The soaring price of a college degree has created an empire of administrative jobs in higher education, but the trend cannot continue much longer. Tuition costs are breaking the backs of middle-class families, and student debt has reached an unsustainable level.

    That makes this a particularly stupid time to go to grad school, because if you’re banking on a job in academia, you’re betting on a bubble that is ready to burst. Of course, this is just one of a 100 reasons NOT to go to grad school: http://100rsns.blogspot.com/

    Griggs made educational credentials far more important than they should be, but the middle-class obsession with college is finally starting to cool off in the face of $200,000 prince tags.

  41. Bobby C489 says:

    Charles Murray has some good stuff on this subject, and I’m not generally his biggest fan.

  42. Gramps says:

    So, now, we have many thousands of American youth with huge debt and poor educations. They are being asked to compete against immigrants who have no college debt and a more vigorous educational background. And, who expect to work like hell for almost nothing, just the chance to leave their 3rd world hell hole.

    No, the future looks choppy. There will be a lot of college educated losers. Well, they were lied to by the very people they were trying to become. But, as is typical of the liberal, he gets his and then pulls up the ladder. Sorry, there is only so much room at the top, and we don’t create wealth here. That is just such an old fashioned concept. Raise taxes instead and throw the mob some bones.

  43. beta_plus says:

    Given the electability of the current crop of Republican presidential candidates, the golden opportunity to replace Ginsburg after her retirement with a conservative judge that would allow challenging this ruling seems dim,

  44. uh says:

    Here’s what happens when academic accreditation is revoked:

    http://stuffblackpeopledontlike.blogspot.com/2011/08/day-ebt-cards-run-out-glimpse-of-chaos.html

    Ever seen the video of that hot dark mess? Ten times worse than Black Hawk Down.

    Look, friends. Under Johnson these savage cretins were marched into our midst by the National Guard. They would now have to be driven out by the Army. Affirmative action laws can no longer simply be repealed; this would lead to mass chimp-outs and huge “Occupy”-esque fits of white pandering in leftist strongholds. There is not even the will for that. Social engineering by hostile elites (media, academia, government) have allowed a cancer to metastasize which cannot now be excised without traumatic results, and we find ourselves in the grip of a collective risk aversion that is pushing the majority of whites into de facto second-class citizenship and irreversible racial oblivion. Every white woman you meet at a bar, in line, on the street, will tell you she is “just a mutt” — no other race describes itself this way but whites. There is now no going back. If there were a will to do anything, the situation is so dire that only the most brutal strategy would benefit us as a people. And we have internalized the lie that we are not even a people, that to even identify as White is suspect, sinful, criminal. We are to the point where even observing one’s skin as a sense datum is suspected as “racism”.

    Again, repealing laws, while satisfying, would lead straight to tantrums on their side that will so frighten lawmakers that they will quickly reinstate whatever was repealed, and certainly, that they are not challenged, and the one spokesman for the repeal of institutionalized anti-white racism sidelined, indicates that politicians and policy makers sense the danger of that path.

    What we need is resegregation — apartheid — NOW.

  45. Leif says:

    Tuition is rising because students are using government money to compete against each other on who can pay the most for college.

    Think about it, what are three sectors of the economy that have experienced rapid price increases? Housing, medical care, and education. Now ask yourself what sectors are the government most involved with pumping money in. Yes, housing, medical, and education again. You better believe there’s no coincidence.

    The point is when you have government subsidies in an industry it props up inefficiencies, or in the case of the education system, the bloated administrative bureaucracies. Markets bring prices down and quality up. Bring the government in and you’ll fuck it up.

  46. Twenty says:

    “the master’s degree has become worth what the bachelor’s was in the past. And the bachelor’s degree? Well, say hello to communications and women’s studies majors.”

    In STEM this doesn’t seem to be happening. BA/BS = price of entry (w/ some exceptions), Ph.D. = value-add, MA/MS = sucker! (Some exceptions for those who got a bachelors in a garbage major, and a masters in something practical.)

    Since STEM fields (a.) have relevant coursework at the undergrad level and (b.) can still sort-of-test applicants (solve this problem), the lack of degree inflation there, as contrasted against the claimed degree inflation in worthless majors, supports the hypothesis that signaling costs are increasing.

    And, whoa hey, the credentialing institutions are run by feminist scum whose mantra is: Male overperformance is a problem to be solved, female overperformance (however arrived at) is something to be celebrated.

    I wonder why our culture is in decline.

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