Saturday, October 8, 2011

Eat, Drink, and Be Merry, for Tomorrow the Higher Ed Bubble Will Burst

A story here of the growing trend on college campuses to provide today's coddled college students with epicurean delights.  Apparently, today's generation is a bunch of foodies whose college choices are in no small measure made with an eye to which school can provide them with an endless array of dining choices.  There is a vicious cycle at work here.  The system is awash in government money to subsidize college educations; total demand rises (fueled by the matriculation of those who in past generations would have been clerks, welders, carpenters and electricians); tuition rises right along with the availability of government money (actually at an even higher rate); institutions feel they must compete harder, so they build wonderful new (unnecessary) buildings and then treat their students like minor royalty.  Which costs money, which raises tuition, which the entitled American public believes should be borne by the government, which increases government money in the system, paid out of tax dollars, increasing the deficit, increasing the debt...and results in legions of Womyn's Studies majors with $100K in debt befouling the streets of New York while demanding that their student loan debts be forgiven.  This is no way to run a railroad, folks.

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