I suspect each snowflake will seek to blame everyone but themselves. Pity.
Tuesday, February 7, 2017
Some Thoughts on Student Debt
I suspect each snowflake will seek to blame everyone but themselves. Pity.
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Student debt continues to rise. What value is it? Clearly it continues to explode and laves us with what? Unemployed millennials? Is it the education that is failing? It was a pity to see students at MIT in the main lobby with finger paints making posters as if they were in Kindergarten. The failure is leadership. We have an overburden of in my opinion useless and dysfunctional administrators. More Deans than students. Everyone gets a title, an office, and massive benefits.
The above is the plot of annualized growth by quarter. A reduction from before 2008 but not a great deal. Somehow this burden will boomerang back on those who built what we had, and those who created this mess will prosper even more.
I suspect each snowflake will seek to blame everyone but themselves. Pity.
A blog containing opinion and analysis in a wide array of areas including the economy, health care, broadband and international relations.
I suspect each snowflake will seek to blame everyone but themselves. Pity.
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- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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