headermask image

header image

How kids can get a free education that will boost their income by $11,000 (or more!)

Shankar Vendantam at NPR informs us that prison is the hot new way to get the mad skills necessary to compete in this dog-eat-dog world.

“Spending time in prison leads to increased criminal earnings,” Hutcherson says. “On average, a person can make roughly $11,000 more [illegally] from spending time in prison versus a person who does not spend time in prison.”

And if the whole raison d’etre for the college industrial complex is to give a similar boost to our kids’ income, well, let’s just welcome jail time into the fold. If we need to send more kids to college to boost their future earnings, then by the same reasoning we should be sending more to prison too.

(If you look at the vast number of confused high school students who are shipped off to college by their parents, it looks pretty similar. College is sort of a prison for that underachieving kid that needs to be molded into something economically useful.)

 

 

Share

Related posts:

  1. Ah, free education
  2. Alabama starts to wonder why someone must pay 51% of their income to put a kid through college
  3. Why Income-Based Repayment is evil
  4. For real irony, mix the education industrial complex with big media
  5. Univ. of Cali to boost tuition 81% over the next four years?!?!

If you liked my post, feel free to subscribe to my rss feeds

Money Making Options

Post meta

This entry was written by admin and posted on February 1, 2013 at 9:42 pm and filed under Uncategorized. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.

Share with others

Post How kids can get a free education that will boost their income by $11,000 (or more!) to digg. Post How kids can get a free education that will boost their income by $11,000 (or more!) to Reddit add to stumbleupon Google Bookmark myweb bookmark on del.cio.us newsvine Tailrank magnolia Furl co.mments shadows simpy blinklist

2 Comments so far (Add 1 more)

  1. “Behind the falling US birthrate: too much student debt to afford kids?” by Gloria Goodale on January 30, 2013
    http://www.csmonitor.com/USA/Society/2013/0130/Behind-the-falling-US-birthrate-too-much-student-debt-to-afford-kids

    … the lowest birthrate in US history. American women of childbearing age are having babies at a rate of 63 per 1,000 women – nearly half the peak rate of the baby boom era of the 1950s, the Pew Research Center reported at the end of 2012.

    … the economy is recovering, and there’s no sign yet that the birthrate is rebounding. Some analysts now wonder if the unprecedented scale of early indebtedness stemming from student loans, affecting nearly one-quarter of the overall US populace of childbearing age, has become a permanent deterrent to parenthood.

    ***

    But the economic implications of a shrinking population are worrisome to many economists and political leaders. …

    For instance, America’s Social Security program depends on having enough younger people in the workforce to cover benefits for retirees; a shortage of working-age people makes the program unsustainable at existing tax rates.

    ***

    Of course, many factors are at work when it comes to a lower birthrate: delayed marriage, the advent of contraception, education and career options for women, economic stability, and so forth. It’s not yet clear how much of a deterrent exorbitant and widespread student debt poses to family formation, because the phenomenon is relatively new.

    … A 2012 Rutgers University study, “Chasing the American Dream: Recent College Graduates and the Great Recession,” shows that 4 in 10 graduates from a four-year college program said debt has delayed major decisions such as buying a house or starting a family.

    ***

    1. Walter Sobchak on February 2nd, 2013 at 4:13 am

  2. Thanks, Walter. I needed that…. credentialism and credential inflation result in lower birth rates, but higher levels of birth defects and autism (dependent on father’s age in Swedish studies).

    2. Higby on February 4th, 2013 at 3:27 pm