My favorite Democrat has always been former Senator Daniel Patrick Moynihan of New York. He understood human nature and how government policies would actually hurt the people they claimed to help. He understood that the War on Poverty would destroy the African-American family structure (and eventually the white family structure) and he also understood the long-term impact of the Higher Education Act passed in 1965.
Today The Federalist posted an article about higher education in America that deals with some of the issues behind the indoctrination that is currently happening on our college campuses.
The article reports:
Far too many pundits believe culture is upstream from politics. That might be true, but bad policy is often upstream of culture. And it is shocking how often Republicans use the “culture” trope as an excuse for long-running inaction and lack of serious thought on needed policy changes.
One such example is higher education. Speakers such as Heather Mac Donald have done an excellent job of highlighting examples of the far-left bias that is prevalent at America’s higher ed institutions. Conservative YouTube channels are great at highlighting the perils of conservative speakers attempting to speak on various campuses.
But few address the elephant in the room. Taxpayers are heavily subsidizing the entrenched and blatant anti-American and anti-Christian bent in our colleges and universities.The huge budgets of these colleges — and their ability to pay professors well over six figures to teach for only several hours a week, only during the school year — is entirely the result of choices our elected officials have made.
…It started in 1965, when as part of Lyndon B. Johnson’s fateful Great Society, Congress passed the Higher Education Act. Among other things, the legislation introduced subsidized student loans to increase the number of Americans attending college, and it has been reauthorized multiple times since. Ever since, the terms of those loans have become more generous (the subsidization has increased).
The effects have been predictable, and many did predict them. For example, Democrat Sen. Daniel Patrick Moynihan, early in his career as a policy wonk, warned the system would lead to higher college costs.
Generally speaking, more money chasing after something raises its price. But the money chasing after higher ed is uniquely dulled of its price sensitivity. Borrowers are young and have little perspective about how much they are borrowing. These young, subsidized borrowers are also robbed of price signals, as everyone gets the same rate no matter what major he or she chooses.
The article points out that college costs have increased dramatically since 1965–the costs have increased much more quickly that the rate of inflation (four times faster than inflation since 1978).
The article continues:
Nevertheless, Congress certainly succeeded in its goal of more Americans attending college: Almost 70 percent of high school graduates now enroll in college, and the percentage of Americans aged 25 to 34 years old who have a secondary degree has moved from about 25 percent in 1990 to almost 50 percent today. But although college on average still provides a positive return on investment, that return has dropped significantly. Here’s The Economist, again:
By the universities’ own measures, this [binge of money and increase of administrators] has produced splendid results. Students are more than twice as likely to receive ‘A’ grades now than in 1960. When outsiders do the grading, however, they are less impressed: One study found that 36% of students ‘did not demonstrate any significant improvement in learning’ over four years of college.
For many Americans, the return on college is negative. Part of this is because many Americans going to college are ill-suited for it. For example, 40 percent of American students fail to get a four-year degree within six years of enrolling.
Please follow the link to read the entire article. It is fascinating. In the meantime, encourage you child to attend trade school instead of college. In the very near future, electricians, plumbers, and mechanics will have more job opportunities than engineers.