Should unemployed grads sue their universities?
I've been thinking lately about the problem of the glut of unemployed college graduates.
The Marxist non-solution is yet another bail-out: to forgive student loan debt.
However, this does not address the real problem.
Universities are viewed, rightly or wrongly, as the gateway to better jobs.
Students and their families go into ridiculous debt based on this implied promise.
Yet, when at university, students do not receive the training needed to succeed in the business world.
Instead, they are indoctrinated in the ways of anti-business agitation.
Soon, if it hasn't happened already, employers will begin to realize that hiring anyone with a non-tech degree or *any* Ivy League degree is risking hiring an anti-business agitator.
Google has already stated that they prefer hiring people who have not attended college because they are more intellectually curious.
At what point should unemployed grads sue their universities for fraud?
Your thoughts are welcome.
The Marxist non-solution is yet another bail-out: to forgive student loan debt.
However, this does not address the real problem.
Universities are viewed, rightly or wrongly, as the gateway to better jobs.
Students and their families go into ridiculous debt based on this implied promise.
Yet, when at university, students do not receive the training needed to succeed in the business world.
Instead, they are indoctrinated in the ways of anti-business agitation.
Soon, if it hasn't happened already, employers will begin to realize that hiring anyone with a non-tech degree or *any* Ivy League degree is risking hiring an anti-business agitator.
Google has already stated that they prefer hiring people who have not attended college because they are more intellectually curious.
At what point should unemployed grads sue their universities for fraud?
Your thoughts are welcome.
Previous comments...
http://www.galtsgulchonline.com/posts/17...
I do think that even STEM degrees are teaching ineffectual work habits. (I speak from having hired these people from top notch tech colleges.) Even colleges which have explicit pro-Entrepreneur classes are generally oriented around group/team work rather than individual accomplishment and there is a pervasive sense that 'work hard whether you feel like it or not' is an evil philosophy.
It IS the student's responsibility to choose classes according to their own decision. Being young means being malleable, though, and our colleges are still oriented around training English Lords who have a financial independence but need to be able to converse at diplomatic dinners. I do think that the colleges guide students in that direction: "what you need to be a well-rounded person".
Jan
Yes, it does.
And being a parent sending their kid off to university means there is a extraordinary level of trust in the delegation and in the assumption of so much debt (now tax payer backed and taxpayer default responsible).
If there is a problem it isn't the universities, it is the accreditation boards and the funding streams for universities. Few universities focus on undergraduate programs, where a vast majority of the value to industry lies.
Why? Because universities get graduate funding from industry, and considerable research paid by Government.
I'd rather forgive student loans than hand-out money for nothing, but don't see how this makes sense. Some kids and their parents reviewed the options and made an investment in education. I'd really like to know how many unpaid loans are for liberal arts vs engineering. When wasn't it obvious where the jobs were?
I believe that this would be a valid line of attack if we had representation with testicular fortitude.
There is no reason which I can think of other than cronyism in which taxpayer money should go to support a Marxist indoctrination center.