Last week “President” O’Biden issued a decree that he was going to provide up to $20,000 of taxpayer dollars, to each resident with outstanding student loan debt, to “forgive” their student loans. Now, there are many questions as to the legality of his decree, his ability to deliver on his promise (so what’s new), and how many votes will he be able to buy with this government largesse?
But how did we get here? How did we transform our “higher” education industry from creating almost immeasurable success and wealth, into an industry that creates indebtedness, and a mass of “woke” unemployable “graduates”? I believe we became too successful as a Society too fast, and lost sight of the prize. We just lost focus on why we even have the “higher” education industry.
The following is an article I wrote in 2015 about “WHEN IT REALLY WAS HIGHER EDUCATION” and what it really meant.
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