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Is There a Correlation Between Student Loan Debt and Unquestioning Conformity in the Workplace?
AND IF SO, WHAT ARE WE TO DO ABOUT IT?
By JOHN O. ANDERSEN
April 4, 2003
Question:
Do young people who start their careers saddled with student loan debt, make better teamplayers, i.e. (unquestioning conformists) in the workplace? Do they tow the line better than workers who have no debt, and can afford to walk away from an unpleasant or disagreeable job, or who are free to try out lower paying jobs more suited to their natural inclinations?
I would argue, yes.
Indeed, in a free society, there may be no more effective way to turn creative, and independent-thinking young people into predictable, socialized, and well-trained teamplayers (robots, drones, what have you) than to get them to go to college, and take out a student loan.
Currently in Congress, there is debate over whether to raise the limit for undergraduate borrowing from $23,000 to $30,000. I'm pleased to hear there are some people who feel raising that limit would actually give the higher education industry the green light to keep up their happy, largely unchallenged habit of making annual tuition hikes at a rate higher than inflation. As long as the money from student loans fill their coffers, what's to stop them? Student loan funds are a deep pockets source of moola, and the higher education industry has long since grown accustomed to feeding from that trough.
( Read more... )
Is There a Correlation Between Student Loan Debt and Unquestioning Conformity in the Workplace?
AND IF SO, WHAT ARE WE TO DO ABOUT IT?
By JOHN O. ANDERSEN
April 4, 2003
Question:
Do young people who start their careers saddled with student loan debt, make better teamplayers, i.e. (unquestioning conformists) in the workplace? Do they tow the line better than workers who have no debt, and can afford to walk away from an unpleasant or disagreeable job, or who are free to try out lower paying jobs more suited to their natural inclinations?
I would argue, yes.
Indeed, in a free society, there may be no more effective way to turn creative, and independent-thinking young people into predictable, socialized, and well-trained teamplayers (robots, drones, what have you) than to get them to go to college, and take out a student loan.
Currently in Congress, there is debate over whether to raise the limit for undergraduate borrowing from $23,000 to $30,000. I'm pleased to hear there are some people who feel raising that limit would actually give the higher education industry the green light to keep up their happy, largely unchallenged habit of making annual tuition hikes at a rate higher than inflation. As long as the money from student loans fill their coffers, what's to stop them? Student loan funds are a deep pockets source of moola, and the higher education industry has long since grown accustomed to feeding from that trough.
( Read more... )