Campaign trail fluff du jour

As the next economic bubble nears the point of bursting, it’s encouraging to hear that the presumed presidential challenger is reticent to publicly acknowledge the root of the problem, even as the incumbent is most likely oblivious to it. Today Romney made sure to tip his hat to the youth vote by assuring them that he “fully supports” an extension of lower interest rates for federal student loans.

But this is what needs to be said on the subject of student loans: the rising cost of higher education can be blamed on the same culprit that was responsible for the rising cost of housing; when you’re willing to loan a huge amount of money to anybody with a pulse to buy X, don’t be surprised when the purveyors of X gouge you with their prices.

Continuing to give away more money at lower interest rates is not the way to rein in the college tuition price tag; it is, however, a sentiment that will be popular with a demographic that has yet to take Econ 101.

Post-graduate education

There comes a moment where you stop thinking of your life in terms of possibilities, and begin seeing life as a set of limitations. This is the transition into the “real world.” It usually happens after college graduation.

The shiny college brochure, which featured smiling faces and architecture of questionable taste and considerable cost, told you all about exciting worlds that awaited you. You could become an empowered traveler to lucrative destinations, with a college diploma from this institution as your passport. Yes, success was imminent, nay, inevitable! Your mind plus their rubber stamp and voila! Your dreams would come true.

College brochures are full of the most damnable lies, more damaging to young minds than Disney fairy tales.

I would have found it extremely helpful to have found the following nuggets of wisdom nestled somewhere between the map of campus and “Exciting careers with your major in Psychology!”

– The only people that want to see you succeed are your parents. They’ve put up a lot of cash, and they would like a return on their investment. No one else cares, at best. Worst case scenario, others see you as a threat and will sooner actively undermine your success than lend you a neighborly helping hand in the workplace.

– Thanks to the plummeting educational standards in America, the Bachelor’s degree is the new high school diploma. It doesn’t put you anywhere near the top of the heap – it only prevents you from falling to the very bottom. Maybe. You might still end up flipping burgers or waiting tables indefinitely, depending on how much you counted on your college degree to be the all-access pass to success.

– You are paying for college. Like a whore raving about a man’s miserable performance in bed, the school and those on its payroll are going to tell you whatever you want to hear in order to keep you there paying 20k a semester. Your grades are these lies, and you should ignore them. Just make sure you are learning something useful, like reading and writing and how to intimidate the bitches in the student accounts office. Otherwise, it will be a very rude awakening when you leave college and expect people to pay you.

– Don’t get fat. Appearances aren’t everything, but damn if they don’t come in very helpful in the high stakes world. If you let yourself gain the freshman 15 (or 30, or 50, or whatever it is now), you will probably never get rid of it. And ladies: smart, hardworking girls don’t always get hired and subsequently promoted – smart, hardworking girls who look sexy in a skirt and heels do. And if you don’t let yourself go at 20, you’ll still have the rich husband backup plan available to you for many years to come. Finally, men spend money on attractive girls; those hours on the elliptical will pay off in the form of free dinners and drinks.

– Your professors are extremely liberal because they work in the ivory tower and have something called tenure; i.e., they don’t have to give a shit about how the real world works. You may as well avoid embracing liberal ideas and liberal causes while you’re in school, because you will stop being an enthusiastic Democrat after graduation.*

This will happen when you get your first paycheck and see what has been taken out of it in taxes, and you realize this money is going toward paying the welfare check of the family next door to your apartment in the ghetto. The ones who sit at home all day smoking pot, listening to rap, and letting their babies run around a dirty porch without clothes or diapers. You will realize that if you didn’t have to help buy McDonald’s for these reefers and their offspring, you could afford an apartment that wasn’t in the ghetto.

*You may not have this realization if your parents don’t immediately cut you off financially. In which case you will become a hipster, fighting for the rights of the ignorant to have their unemployment subsidized by the taxation of your upper-middle-class parents.

Book smart

I’ve been reading one of the Russian lover’s old textbooks on finance. Not that the Russian lover actually took finance classes. No, the Russian lover went to the School of Hard Knocks and Tough Shit, where one learns to run a business by being put in charge of it. To me this sounds like being pushed out of an airplane with nothing but a parachute. The Russian lover retorts that a finance education is like being pushed out of a plane with nothing but a brochure on how to open a parachute. He has a point.

Surveying the current economic crisis, people are lamenting about where greed has taken us. If it was only greed, I would be relieved. I’m afraid, however, that we are witnessing where America’s education system has taken us. Greed in the hands of the few and mighty is not nearly so destructive as stupidity in the minds of all. The two together create the perfect storm of societal destruction. Hurray!

As a product of the American education system, I can confidently vouch that Holy Shit, We Are So Fucked. Never mind that there were students at university level who were functionally illiterate; it’s what’s being taught to the best and brightest, those with the highest potential, that indicates how determined we are to Epic Fail.

Being one of those that would rather read a book on things people do than actually do things, literature was a natural choice of study for me. It felt like cheating to be able to get a degree by reading and writing about Shakespeare et al. Even so, literature is not everyone’s idea of a cakewalk and it does take a brain of a certain calibration to experience such esoteric studies as not only effortless but enjoyable.

To be fair, some of my classes were inspired and, despite their lack of utility or obvious application, I have no doubt they pushed my mind to be both more critical and creative in analysis. However, there were those classes which seemed determined to set low expectations and consistently fall short of them. For example, a class I took concisely titled “The Novel.” I anticipated studying an anthology of work intended to illustrate the development and evolution of the genre, and to attend lectures on the influencing historical, social, and literary movements.

Alas. The class would have been more appropriately titled “Twentieth and twenty-first century novels written by minorities and third-world peoples who loathe Western culture and perceive it as a brutish imperialistic force with lasting negative effects.” Or perhaps, more creatively ” ‘Why my thatched hut and bowl of rice is better than your loft apartment and marinated filet’ — A Survey of Third World Apologetic Novels.”

Not that reading such works is a bad thing, and in my leisure time I probably would have ended up reading more than a few of them. But I felt a little salty about paying (by current standards, a fairly modest) twenty thousand bucks a year to read a bunch of paperback employee picks from Barnes and Noble, and then be manipulated into culturally self-abasing class discussions.

All this jerking off to the disenfranchised was not only not helping anyone; by passing itself off as their education, it was helping to put students on a path to future disenfranchisement. Maybe in the not so distant future, it will be Russian or Chinese kids rolling their eyes at inspiring fiction written by the now-destitute middle-aged white Americans who were college educated in the early twenty-first century.