RANT: College is big biz


Cruelty to Black Students
By Walter E. Williams
September 23, 2016

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The problem of black education begins long before college. The National Assessment of Educational Progress, known as The Nation’s Report Card, shows that nationally in 2015, only 7 percent of black 12th-graders scored proficient in math, and only 17 percent did so in reading. This suggests that the average black 12th-grader has the academic proficiency of a white eighth- or ninth-grader. Consider the following question: If one admits 1,000 randomly selected eighth- and ninth-graders to college and admits 1,000 randomly selected 12th-graders, who do you think is going to come out on top? Who would be surprised if the eighth- and ninth-graders felt inferiority, oppression, and insensitivity?

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Clearly the Goofement Skrules are failures. They are not preparing posterity for “real life”.

Then, the politician and bureaucrats want to “send everyone to college”. How stupid.

What’s the ROI of wasting everyone’s time and a ton of money on “students” who will never succeed with majors that are virtually useless.

And, I still have never seen a poor plumber.

The problem, as I see it, is just another instance of the “socialist calculation problems”. How can one or anyone calculate an ROI? When a private entrepreneur invests their own capital, they calculate — perhaps at a gut level — what will be the likelihood of a return. Unfortunately, students and their families going into debt are essentially misled by the Gooferment Skrules about the return.


Of course, the Liberals in the Colleges profit from the bodies pushed through their “meat grinders”!


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