We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
...as their financial prospects darken, students’ educational costs are exploding. Like the health care system, the educational system is being overwhelmed by rising costs and rising demand. And as misguided government policies contributed to the real estate bubble by artificially inflating demand, government programs are burdening students with unpayable loans and contributing to relentless and unsustainable inflation in school costs.
And so, dear students, welcome back! Your generation is going to have dig its own way out of the hole my generation has dug for you (thanks for the Medicare, kids, and sorry about the deficit!), but here are a few tips that may help you get the best out of your college years.
Good tips for the students, there. For example:
I’m sorry to bring you bad news, but your generation faces the toughest competition any American generation has ever known.
Your competition isn’t sitting in the next library carrel. Your competition is in China and India – and your competition isn’t hanging out at frat parties or sitting around watching sitcoms with dorm-mates. It isn’t getting stoned and it isn’t putting its energy into chasing the opposite (or apposite) sex. Your competition isn’t taking lots of courses on gender studies; it isn’t majoring in ethnic studies, or (unless it is planning to go into movie making) the history of film.
Your competition is working hard, damned hard, and is deadly serious about learning. There’s nothing written in the stars that guarantees Americans a higher standard of living than other people. Those of you who spend your college years goofing off in the traditional American way are going to pay a much higher price for this than you think.
One of the myths that every aging generation comes to believe is that the country will go to hell because the younger generation just isn't worth a damn. You see that thinking here at Maggie's in spades all the time.
Well I got news for you, the kids in college that belong there have the potential to succeed and pound the foreign competition to dust.
If it doesn't happen it will be due to the fiscal and regulatory policies that local and the national govt have adopted. It will have nothing to do with college.
I thought Animal House was a docu-drama of my life in college, but ya know what? All my beer drinking, hell raising friends became successes in life, and I believe that is generally the case with most college kids.
If today's kids have a bleak future it will be because Government has screwed things up so badly, not because of Asian competition. On a level regulatory and social safety net playing field, the Asians would have no chance against US.
The innovation still largely happens here, and I don't see that changing because we have an environment of free thinking, risk taking and creativity that just doesn't exist in other parts of the world.
Why do you think everyone still wants to come here?
A lot of those kiddies in college are reflexive Democrats and probably voted for the guy in the Oval Office who's saddling them (and us) with big federal budget deficits. They will have to live with the consequences of their "idealism" but without my sympathy.
"Your generation is going to have dig its own way out of the hole my generation has dug for you (thanks for the Medicare, kids, and sorry about the deficit!)"
Ain't gonna happen for the very reason Agent Cooper pointed out above. If the kids really and truly believed the rotten old system was saddling them with huge debt, they'd be voting to eviscerate all government spending and accept the additional fees and taxes necessary to pay off the debt as soon as possible.
They don't want that at all, of course. They want the largesse to continue.