The College Attendance Bubble
Channel: PeacefulAnarchism
Date: 2014-09-05

Here is the article to which this video is referring:

http://peacefulanarchism.com/the-college-attendance-bubble/

We all want the best possible future for our children. Why then do we hurriedly send them off to college/university after high school before they even had a chance to think about their lives and what they want to do with it? Why do we send them to institutions with astronomical tuitions that teach antiquated knowledge frozen in time so they can emerge holding a valueless piece of paper and become saddled with an outrageous student loan, freedom from which can only be achieved in death? Once they finally do experience the real world for what it is, the painful reality is that since “government” has ensured tertiary education loans and grants to any young adult with a pulse this has artificially increased the number of students with a degree so significantly decreasing its value to prospective employers. This is basic supply/demand economic theory. A degree does not ensure anything anymore, other than the waste of even more years of the youth.

The more “government” tries to help any sector in society the more damage it does due its monopoly on violence status and the fact that it is not subject to any of the natural laws of supply and demand. In the same manner that one can no more “help” nature by synthetically preserving the life of certain species that have already been targeted for extinction; “government” cannot “help” unmotivated and phlegmatic young adults by offering “free currency” in the form of exorbitant student loans, at tax payer’s expense. This imposes a greater burden on taxpayers to subsidize the tertiary “education” of students who, not being inspired in the first place, will likely not put their degree to good use and will likely end up working in a near minimum wage job that requires no college/university degree whatsoever. This does not benefit anyone; rather it lowers the standard of living of us all by robbing taxpayers of even more currency, further depreciating the currency, encouraging colleges/universities to charge inordinate tuitions, and creating the largest student loan bubble in history. The recipe for success has not changed since antiquity. Discover your passions and pursue them! A life lived vicariously to please others is a disingenuous life! Respect your natural preferences and inclinations; they will determine the profundity of happiness you will later experience.

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” Norm Franz

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Peace and Voluntaryism