Friday, March 19, 2010

Free College?

http://www.huffingtonpost.com/les-leopold/stop-student-loan-sharkin_b_505460.html

There is no political will for free higher education because the corporations that own America don't even want to pay the wage demands of Americans with high school diplomas. They can fill jobs that require advanced education with workers overseas who will cost them less per hour than a less-educated American.

Why are we still pretending in 2010 that corporations have it in their interest to lift up the educational level and earnings power of Americans, and would tolerate extra taxes to make that happen? They have spent the last forty years pursuing any other option they can find to replace Americans who hold strong earnings power. I think a trend has been established. Now that globalization has opened up numerous avenues to these replacement options for corporations, they will predictably put Americans on even tighter rations, and do more to starve the root system of American earnings, the education system.

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