A New Dark Age: When College Doesn't Pay

Featured in Zero Hedge

Daniel Drew,  4/20/2015


   

If you're so smart, why aren't you rich? One day, as ignorance becomes an ideal to strive for, that question might be replaced with, "If you're so dumb, why aren't you rich?"

The possibility that evolution might take a wrong turn and transform us into a society of imbeciles was dramatized in the movie Idiocracy. That process is beginning today as education is no longer rewarded. A look at the labor force participation rate for college graduates shows a steady decline since the data was first tracked. Getting a college degree used to mean a ticket on the upward trajectory of this thing they once called a "career." Now, your college degree guarantees you a place behind the bar counter in the McJob recovery. As more college graduates become unemployed, the more the federal government picks up the tab.

Bachelor Degree Labor Force Participation

Student Loans

No Degree Lambo

Idiocracy is upon us.