IDIOGRACY COLLAPSE 2
*The Magnificent Mystery Minion strikes again-six more #10 cans of yummy dead animals has arrived at the Bison Forward Operating Base. Many thanks!
*
Once our undereducated
spawn are allowed to exit the public school system, a majority from the ghetto or
trailer parks will join the military for a job and/or a college education
afterwards. Those not yet sucking the
dingus of poverty will go to an institution of “higher learning”. Which of course is nothing of the kind except
for a few professions not yet allowed to suckle at the teat of political
correctness such as engineers. Even the
most rabid FemiNazi Obammy anus sucker appreciates cars that don’t explode on
contact like Ford Pinto’s were wont to do, or bridges that don’t fall into
rivers doing rush hour. But just about
every single other taught profession is at best half-assed or at worse nothing
more than entertainment and a sheepskin for a buttload of money. State colleges shouldn’t even charge all that
much, the land government granted and the building paid for long ago, the only
expense heat and lighting and salaries.
If a worthless degree costs you $60k, and you went to ten classes a week
( honestly I have no idea how long full time students are in class each week-I’m
calling it ten hours ) for four years, one student is paying $30 an hour for a
degree. How many are in the class? 30?
Salaries and electric, with a bit of lawn mowing and painting thrown in,
cost a college $1,000 an hour PER CLASS?
I don’t think so. Who is getting
so rich off of each class taught?
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If you got a quality
education, and if the money wasn’t going down a toilet, and if education
inflation didn’t far exceed all other price increases ( except medical ), and
if there were actual jobs available for graduates, well then I could see this
as an investment-which it certainly isn’t.
All this is bad enough for the individual, but for society it is far
worse. All the people on the front line,
the cop on the beat or the guys keeping the electric grid running, or the
companies sending food our way, most are nothing more than college educated
idiots ( the High School graduates are stuck in the ground floor retail
positions, when there are any ). Every
position of importance is now filled with morons, as the experienced old timers
are done away with as the youngsters are half the price. Which brings us from education to
corporations.
*
Public schooled college
enrollees are dumb enough. But the worst
of the worst, the mostest dumbest can do two things-physical education or a degree
in business ( with apologies to the smart jocks-I know there are a few out
there ). Anal retentive macho boys ( and
girls ) thinking they can run the universe.
And since like always hires like, these Kool-Aid drinking yes-men
corporate types are hired by equally incompetent asswhores board members, and
the entire company is a profit maximizing enterprise completely ignorant or
uncaring about running a successful business.
Bankruptcy is just another tactic-just ask Trump. The scary thing is that it isn’t just Wally
World shoppers paying more for defective products and services, but our
military and every other institution in our country responsible for
everything. Our basic foodstuffs are not
grown or transported to feed people or to create a surplus cushion but simply
to make a profit. Deferred maintenance
on our electrical grid is a profit maximizing strategy, and screw the customers
soon to be freezing in the dark.
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Banks don’t stabilize the
money supply but drain the very last drop of blood from all the turnips, then
flee for a new country/empire after there is nothing left. The police are not trained to protect the
public but to instill fear in the serfs and to maximize profit for their
funding front. In times of trouble those with no common
sense but plenty of college education will make things far worse for the few
professionals on the force ( as with the army, the police too are severely
handicapped with politicians in charge, so even if all rank and file are great
at what they do, they won’t be allowed to ).
Okay, granted, the police are not a private corporation and don’t
exactly belong in this section, but if they are funded and run similarly, like
the military is-corporatism at its worse-they might as well be regarded as
such.
More next article-salaries
funding the lowest common denominator and other titillating observations.
END
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“Which of course is nothing of the kind except for a few professions not yet allowed to suckle at the teat of political correctness such as engineers.”
ReplyDeleteI'm not even sure if the STEM fields are all that safe any more James? Many of those jobs have been outsourced, and the one's that haven't, have been “insourced” by bringing in H1-B visa holders, mostly from India and China. Among the few remaining jobs left after that, there's a push to get the “right kind” of people into them, which suffice it to say, is not the demographic of you or I.
I'm the minion that was laid off from his job of 15 years at the electronics consulting company. It was not due to the above (I don't think?) but to the terrible economy in general. There was one semiconductor facility that I used to go to every so often in the south bay. I was one of about 3 Americans out of about 100 souls. The management of course were Americans. It was mostly the rank and file employees that I'm referring to here.
Nice! It almost makes me wish I was a giant douche and could treat workers like chattel.
DeleteI can speak to the numbers for colleges as both and instructor and a student I had some serious questions about the economics of it all as I started to suss it out.
ReplyDelete1) a full time instructor for a low end private for profit college will earn around 50,000 - 80,000 per year. The cost for that employee will be about double that so about 100,000 - 160,000. Public tenured professors with more degrees than letters in their name will potentially earn a lot more just before they retire but their money tends to get paid into their degrees. Their are also multiple back office, councilor, and management positions that have to be filled with staff at nearly a doubling of the instructor cost.
2) Classroom buildings etc, run between 1 - 5 / sq ft / month to lease or own and maintain. each class room being about 200 square foot so about 12000 per year per class.
3) each class will range in size from 50 to 1 students - lower numbers at higher end students masters vs bachelors etc.
4) Text books and materials is where the real numbers are at. Text books get replaced on average every other year- yes even English and History text books. Class syllabi are written for the newest text book. The cost of the text book is between 50 - 250 dollars averaging about 100.
5) most students take 5-6 classes per semester/quarter/trimester for a full time load. The classes range in price from 500 - 1500 per class on average giving a semester cost for tuition of 5000 per semester or 10000 - 15000 per year PLUS various fees etc for attending the school.
6) In the end analysis though, when I had a private talk with the CEO of a private college, he said their tution and costs were all about the laws passed by and loans made available by congress - to whit, a private college HAD to charge @10% more than the student could get in federal loans and grants to not run afoul of the law- meaning the schools would partner up with a bank to provide the difference in private student loans or other sources. GI bill did not count against that 90/10 funding rule so returning soldiers were heavily headhunted by private colleges.
All of it would work out fine IF the colleges claims of future employability were completely true and not heavily inflated. But if a student didn't get a good job in the field right out of college they would likely be nearly buried in their student loans and not see any significant benefit to their education ( New student - "Yay! I am a Dr. of XYZ - and can make enough to live like I was still a student while paying off my student loans for the next 30 years!")
I was not aware of #6. Sounds like a built in escalator to benefit those making the loans. Just like housing. Or autos. Or...
Delete#6 is specific to the way private, for-profit universities work the system
Delete#6 is something they really don't have a choice about - If they are accredited a student will be able to get federal student loans, federal student loans can not pay more than 90% average tuition of a private school - that is what the law more or less specifies. The CEO I talked to said it was a balancing act that a failure of could force the school to close - they cant charge too much (loose the students/customers to cheaper competition) and by law they cant charge to little for the reasons above. So with profit in mind they charge a little over 10% more than federal funds can provide, and hunt for returning vets or self funding students very hard (but cant give either group too big of discounts for other, legally tied, reasons).
DeletePoor big business, at the mercy of govt. I call "crying po'".
DeleteGlad I read this...feel so much better, now that I know how happy the future looks. LOL (better buy more wheat)
ReplyDeleteI am the shining beacon of light atop the hill!
DeleteI never went to collage and I have a very high quality education. I got it by learning it myself. I can fix just about anything, modify just about anything, build just about anything. No debt needed to learn, just desire and motivation.
ReplyDeleteDid you know you can go on-line and watch video feeds from MIT (and many other collages) for free? They film the classes and put them on-line. All that is missing is the debt from actually going to the collage and a piece of paper saying you went there.
If learning is your objective this on-line learning fits the bill and the price is nothing more then net access and a bit of time. People have been learning long before collages came along and charged lots of $$$$.
All you need then is to convince someone to give you a chance at a job. Most places won't give it. But be creative and figure out how to get them to give you a chance. I've done it (convince people to give me a try) others can also do it.
Chuck Findlay
If you are dealing one on one, what you know is all you need. But as soon as you are dealing with a corporate culture, you must have the creds. Everyone is CYA'ing.
DeleteAgreed - corporations insist on the papers. If you don't have them you don't have a chance to even talk to them.
DeleteThere are some non-profit colleges that are basically a series of tests, you pay per 6 month term, and take as many tests as you can- the problem being, if you don't already know the material it will add up to as much time (and nearly as much money) as a regular college.
But combine the free classes from MIT, Stanford, etc. and then go to the not for profit ( www.wgu.edu is one such ) get the listing of tests you will need to pass, study for and be able to pass the practice tests BEFORE you sign up for the school, THEN enter the school pay for your 6 months, take the tests as rapidly as you can, and graduate with a fraction of the debt - but most likely you will hit points where you need to retake a test or spend more review time than the 6 months allows so it will probably cost you more than you want. You could also pay as you go but the time off between terms you need to take to earn the tuition allows for changes in the curriculum that can screw you over... But as long as you get that paper from an accredited institution you can get in the door (whether you know anything or not). It is just the cost of getting the paper that is the problem.
No wonder folks go the conventional route, with no pain now tuition and less pain now studying.
Delete(Corporations insist on the papers. If you don't have them you don't have a chance to even talk to them.)
DeleteIn the past corporations were the way to go because they offered a good pay and retirement package second to none. So people put up with all their garbage.
This is not the case today and in fact people that worked / work for corporations are in fear of not getting the promised retirement. And few young people even think a retirement will be there for them.
In today's work environment the cooperate job is not such a prize as it once was. In fact given that retirement pay is in such a precarious position the cooperate job can be a liability as you will be forced to pay for a retirement that probably will not be there. This steals money from you that you could put into your own retirement plans. This makes self employment an even more attractive option.
Go for the cooperate job if you feel you must, but only a fool would trust them to honer the retirement commitments they promise.
Chuck Findlay
The FedGov also offers the same level of security in their retirement.
DeleteCorporate jobs pay better than small shops, and have better benefits because of the spreading of insurance costs etc. In many places corporate and government jobs are nearly all that are (legally) available. I.E. California and other states that punish the small business with ruinous taxes and hard startups - for less than 100K at least.
DeleteIf govt. doesn't discourage business, the bankers will. Going to college to work for corporates is a suckers game, as is starting your own business. Rather discouraging.
DeleteJim with the cost of higher education and the lack of jobs you are already seeing the return of apprenticeships. A lot of major companies are looking for certificate holders from collages and then in house training with 5 year no compete contracts. Here plumbers, electricians, welders, and machinist, HAVC companies are begging kids to learn the trades. A raw teen can learn a trade starting as a helper for 12 to 16$ once trained the pay is double.
ReplyDeleteHere in town three out of four electricians put in work that makes them all look like apprentices. And not good ones at that. Don't know what it is about this place. Daytona Beach was worse.
DeleteA collage education and how it's needed in the corporate culture is an outdated idea that doesn't work for most people today. It leaves them with a low-paying job (would you like fries with that burger?) and thousands of dollars of dollars of debt that they can't pay back and still live any kind of life.
ReplyDeleteMy suggested way of learning in the above (learning skills yourself) response was how it was done in the past, and how it will be done in the future by people awake enough to run the numbers on the cost of collage verses it's payoff in a good job. I like dealing one on one with people I work for (it has been good for me) and I try to avoid the corporate culture like it’s the Black Death. In the corporate culture you are nothing more then a number, and not an important number at that. It’s almost inhuman the way they treat a person. You can be the most productive of employee for 15-years and then do one single thing wrong and get fired. Your good work means nothing to the people at the top. I refuse to be part of a system like that. You work for years building up what you think is a retirement nest egg and they can take or squander it away and you are screwed. I provide my own retirement (tools, skills, silver, a bit of gold) that I control, not some nameless (and heartless) person that could care less about me.
But there will always be people that will buy into the collage education will get you far. And it has been that way for years, but I don't see it as a path to success as it once was. Almost every commercial break on TV there is some collage pushing itself as the way to a good job. This tells me there are a lot of people in low-paying jobs looking for the gold ticket to success. I think most of them are not likely to get much out of it but thousands in debt.
I see self employment as a way to go. It’s how I went and while I’m not raking in the money, I do OK and have freedom and am in control of my future, at least more in control then most people.
The nice thing about self employment is when you learn a new skill or buy a new tool it produces money the first time you use it. I buy a new plumbing tool (as I did with PEX plumbing tools) and it pays me real money the first day I used it on a house that had all the copper ripped out in a break in. That was 3-years ago and the PEX tools make me money every 2-weeks or so.
When working for others (an employer) this is not the case. You learn a new skill and start applying those skill you have to hope your boss sees fit to reward you. You have to hope there is money in the company’s budget to pay you more. Both of these rarely happen.
Another thing people don’t seem to understand or want to embrace is the reality that most of us don’t have and may never get the high paying jobs any more. People still live like they have a high-end job, but it’s by living with massive debt to have that level of living. This mentality actually over time builds a bigger and bigger hole that will never go away.
The smart ones learn to live within a budget that allows us to have a good life (no debt at all.) You can live quite well this way if you go at it right.
I have a pay-as-you-go life and ZERO debt. I don’t have new autos, but I do have good ones, I buy a lot of used items that are much less expensive but still in good shape with a lot of life left in them. Many times these items are better made then the current China junk that is sold everyplace. When I want an expensive item that is new I do what people did in the past. I save for it and pay cash, no debt.
I think this is going to be the way most of us will have to live, but it’s going to take some hard knocks for most to learn to do it.
Chuck Findlay
Gary North is a strong advocate of investing in a small business rather than a college education. As with your personal life, if you can do it without debt, you are golden.
DeleteI'm not anyone special, (Other then I seem to see trends before others do and then act on that info) I just know how to fix things that break and know how to build things.
DeleteAnyone can learn to do more then they presently do. I am always looking for new things to do as who knows when one income stream will dry up.
It doesn't take super-human effort either, I work 30-hours or less per week. I actually hate it when I have more work then that as I really like my free time.
I can see how it looks frightening to many people that have normal jobs. The transition to self employment is going to be tough if you have any kind of debt.
My transition came about by some harsh situations. I had a motorcycle accident causing a job loss (a good job working at a nuke plant) loosing that job because I could not work for the better part of 9-months. Having the wife divorce me and sticking me with a house I could not afford because I was not working, that needed both of our paychecks to make the payment, and having to pay child support. I lost the house.
Having lived through it a job loss or a low paying job doesn't scare me at all. I know that I will always live like I'm broke and put any extra money into tools, silver and preps (as I have been doing for 10-years) this way I am able to survive quite well on an income that would scare the heck out of people like my brother that is in debt, a really LOT of debt.
It was a tough several years, but I made it and made myself a few promises. No debt EVER AGAIN, No wife EVER AGAIN, and to never buy anything that my paycheck could not pay for.
TEOTWAWKI (a personal one) hit me and I learned to adapt to a new lifestyle. Looking at it, as unpleasant as it was I feel it made me able (prepped me) to survive what most of us here think is just ahead.
TEOTWAWKI will tax relationships, your ability to live and even your life.
Getting out of debt and learning to spend less money then your paycheck gives you each week / month will make a big difference in how well you do.
Change your mindset, and you change your life. And live the new mindset, don't just read about it, or watch U-Tube videos or buy books on it. Do it and SHTF will not scare you much.
Chuck Findlay
Being out of debt will kill the fear of the coming economic hardship. Much more than piles of prep gear. Pay the parasitic scum lawyers for bankruptcy. Before the rush is on and they change the rules again and you go to jail for it.
DeleteBeing out of debt is like the story about the bear chasing you and your friend -- I don't have to run fast, just faster than you.
DeleteWith no debt you have the flexibility to work fewer hours and for less money than the rest of the wage slaves. Then when the job market picks up, you'll still be standing and ready to take advantage of the situation.
Idaho Homesteader
Most of us have terrible cardio. When hiking, bring a very small concealed pistol. It doesn't need to be "bear caliber". Shoot your buddy to slow him down and save from having to run too far yourself.
DeleteThat's funny James, I knew there was a reason I bought a few 25 autos...
DeleteChuck Findlay
I do have my moments.
Delete