The student loan crisis looms as the next fiasco that will stick the taxpayers with a trillion and a half dollar bailout.
These college administrators should be indicted for fraud for misrepresenting the value of a degree and how it will translate to a good job. They keep creating fields of interest like transgender lifestyles, inner city demographics and regional anomalies in French medieval poetry and can't figure out why the papers are loaded with ads for welders, truck drivers and plumbers and their polished graduated end up at fast food restaurants for minimum wages.
The part that irks me about his whole deal is that they take a lot of these dupes and put them to work for the government writing regulations for entrepreneurs and ambitious workers out working hard to make new products, farm the land, mine coal, melt steel and fabricate new machines.
It becomes a battle between the drones and the workers. And the leeches with the massive expansion of government under Obama seem to be winning with their six figure jobs.
The crown jewel of these pests, the EPA, send sits lazy witless goons out looking for horse manure runoff and sniffing for dust and fining those individuals with the initiative and creativity to accomplish something meaningful.
We have rewarded mediocrity and stupidity and vilified and demonized our exceptionalism. No wonder there are 20 other nations ahead of us in academic excellence.