The AP writes today, "the college class of 2012 is in for a rude welcome to the world of work." It's as if a college degree is some entitlement that instantly makes life easy and you are set up for instant success. Best of all, you don't have to work for it. What a sham! College degrees don't make you special. They don't ensure riches and fame. They are nothing more than a piece of paper that says you can go to work.
Thanks to the federal government meddling in higher education and other sectors of the economy the reality of today's college graduate looks even bleaker in Obama's economy. As Obama encourages 8 million new college degrees by 2020, it appears those pieces of paper are nothing more than promissory notes for those who participated in the federal loan program--a program that has flooded the market with over a trillion dollars now, which has driven up the cost of education while allowing schools to become lazy and less competitive knowing college dollars are easy for students to come up with thanks to Uncle Sam.
Oh well...
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