About an Hour. This is a bit hysterical, but does address the college loan scam.
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#19–Peepod==I paid for my wifey’s higher edumacation. First a Nursing Degree then an unrelated PhD. The girl loved books. Can read them by flipping the pages–just like a magic act with 99% comprehension and recall. Had to research some early Flemish BS of one sort so she learned Old Phlem in a few months–said it was easy because it was so close to Latin. Just like a magic act. Not much use in the real world, but she could explain to me what the dove/dog/and calla lilies mean every time we pass a tapestry.
Thank god one of us is a stock trader.
The above is true only poetically, and only in parts. Truly, the only wealth one can have is in the appreciation of life and love. Who among us is ever rich?
Um, school costs money. You got out of it what you put into it. There’s no guarantees. If you want to retire, you have to actively manage your money.
Now I suddenly have an urge to buy gold, and I don’t know why.
The real conspiracy is that one must go to a college, to get a degree, to earn decide pay. As if they teach you anything you can’t learn on your own time. And for far less money. Lincoln was largely self-taught. Never attended any college. Got elected, practices law, and eventually became the most popular and US President, after George Washington. And if Sarah Palin ends up being President. She’ll prove again that a Republican doesn’t need a formal education in law, of any kind, to get the country into another costly war. We’ll see.
Bill Gates, barely had one semester of college. Probably avoiding the draft. Before running off to start Microsoft. Eventually Harvard gave him an Honorary Degree, just for being so damn rich and successful. I guess.
So the question is, why, beside using their financial and political influence, should colleges be allowed to hold the degree issuing system hostage? Yes, there are some business and marketing degrees, available from online institutions. But doubtful they’ll make that much of s difference in salary levels.
My nephew is a building contractor, and never had any formal business training. And he’s pretty good at it. But it makes no difference whether he had a degree or not. Because right now the building market is way down. Thanks largely to all those crap heads, with business degrees, who managed to screw up the US economy with their faulty derivatives and default swaps. Alan Greenspan ought to be reviled, for being the dangerous phony, he was.
But he was just allowed to quietly split away, after everything he predict, went wrong.