You want full bore socialism? This is how you get full bore socialism.

I don't think anybody likes getting old, but what is the alternative? Old beats the hell out of . You can't accomplish shit six feet under!

No, but, then, I'd be alive in a brand new body. You see, I believe in reincarnation. So, the only downside to dying, for me, is any unfinished business in this life that I'll carry over into the next.

Wealth and education have become negatively correlated. It wasn't capitalism that did that; it was the massive state interventions that transferred so much wealth to the educational establishment.

Want to rack up $50k in debt to study underwater basket weaving? You shouldn't be able to unless you have assets to back it up, and can show a bank you're a good riak. But the government will "help" you out by guaranteeing your loan. Isn't that soooo generous? You have to have a college degree, after all.

"We did everything right!"

No, you did everything they told you, and you were a sucker for believing that it was actually you they cared about.

Couldn't agree more. Works just fine down here in NZ. It's not perfect, but nothing is.

Wow. The cognitive dissonance is astounding.

Also:

1. Even though Millennials have a smaller piece of the pie compared to other generations at the same point, it's a much, much larger pie.

2.A wealthier generation of elders mean Millennials stand to inherit more than prior generations did.

You're going to have to explain it to me.

*Boomers squander it all leaving only debts for Millennials to inherit*
-or-
That nice deposed Nigerian Prince scammed them out of their money

Boy, are you out of touch with reality! That's no scam. I know so myself. He's going to be sending me 8 million dollars very soon. I just had to send him my bank account information so he can transfer it, and wire him $5000 as a sign of good faith. But all that is taken care of now, so the money will be coming through any day now.

You'll see! You'll realize how wrong you were, when I'm the richest man on Wordforge. And just because you were so mean, I'll tell the Nigerian prince not to send you anything!

Speaking of "full bore," how about this thread, amirite?

What a bore - the bored boarding boar bore down and bore through the board.

@Spaceturkey

No, it was laissez-faire letting the free market determine where school funds would be allocated while giving the control of investment to 18 year olds. No way that could go wrong.

Not quite. Education was seen as mostly a local matter for a very long time, and funds were both raised and spent locally. Then the Fed stepped in and made everything just ever so much better. Under a rational system, if we're gonna have government control of education then funds should be apportioned on a per-student basis, with every student causing X dollars to be given to that school's budget. Or even better, vouchers given to the families so that they can send their kids to whatever school they want to, within a reasonable distance. But "public" schools should mean "public" funding and like I said, probably the best way to fund it is dollars-per-student, not per-district.

Pretty sure I've shared this here before. But, if not ...

When my Millenial kids were in school and we'd go to a band or choir concert, I had to learn to stop commenting on how nice it was that their friends' grandparents came to the performance because nearly every time the elderly people in attendance were the parents.

Depending on which chart you look at, I'm a boomer. Depending on which chart you look at, my older son is a millennial. and he's only 18 years younger than me.

I think it's weird for somebody in their 60s to have a kid in school, which describes many of the parents at my kids' high school.

Yea, that is weird.

coming from the middle of gen x, i frankly see a lot of similarities between them... mostly the self interest vs social interest.
probably why I'm so inspired by gen z kids like the parkland survivors.
makes sense though, as mills were generally speaking raised by boomers whilst z are the kids of x (who are in turn borne of the silent generation)

We sort of do it that way in Michigan, but we only went halfway.

When all general operating dollars for schools started flowing through the state, the new system was that there would be a standard per-pupil "foundation allowance" that no district would receive less than. But legislators from the rich areas demanded that their districts be "held harmless," so to this day they still get extra money.

You're confusing public schools with post secondary.

What part of government backed loans for revenues for predominantly public institutions with no market mechanisms to match supply and demand...

...is laissez-faire?!?

In a laissez-faire world, a student would never be able to borrow money for a worthless degree because the lending institution would immediately see the risk.

In a laissez-faire world, worthless programs would disappear. Or be priced according to their value.

In a laissez-faire world, colleges would have to compete to lower costs. But costs instead grow without bounds because the state will sign off on more student debt.

The next move will be to make college "free" so the government can transfer even more money to the system (from the taxpayers now) without regard to economic rationality.

Another big problem with this is how much money gets wasted on administrative crap, sports teams, and bloated administrator salaries rather than spent in classrooms.

What is the job of government? Is it to take care of the citizens? And when I say "take care" stop with your stupid macho bullshit "I don't need no stinkin help from the government". I mean, it is absolutely the governments job to see to the welfare of it's citizens.

If the only way a citizen can obtain employment is by obtaining a degree, then it absolutely is the government's job to find a way for that citizen to obtain that degree.

Despite all your moronic cries about a degree in underwater basket weaving, there is no such thing. No matter how many times you tell the lie.



Moron.

funny, that's often how we perceive for profit health insurance. You guys pay 2-4x as much for an incompletely covered society and frequently inferior results.

also, I'm really wondering what learning annex, let alone university offers these underwater basket weaving courses? And if they do, how the skillset can't be transferred to say, underwater welding?