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University used to be the place where the children of the elite went to make connections, find a marriage partner, and set themselves up for a career in their chosen field.Then someone decided that it was racist to only educate the wealthy or very competent, so everyone had to have a degree. Instead of the best (or wealthiest) 5% of the population, 50% would go to university. However, this could no longer be funded by the tax payer, so would be funded by the poor students themselves. All good, until someone discovered this was a creative way to pump new debt into the economy, and basically used university education as as form of quantitative easing. It's all about the debt creation now.If you want to have have a career that makes money, look at who drives ludicrously expensive super cars, and follow that path. If you want to have some integrity, probably best not be a banker (or a politician).
University used to be the place where the children of the elite went to make connections, find a marriage partner, and set themselves up for a career in their chosen field.
Then someone decided that it was racist to only educate the wealthy or very competent, so everyone had to have a degree. Instead of the best (or wealthiest) 5% of the population, 50% would go to university. However, this could no longer be funded by the tax payer, so would be funded by the poor students themselves. All good, until someone discovered this was a creative way to pump new debt into the economy, and basically used university education as as form of quantitative easing. It's all about the debt creation now.
If you want to have have a career that makes money, look at who drives ludicrously expensive super cars, and follow that path. If you want to have some integrity, probably best not be a banker (or a politician).
