The Schedule - Day 247
9/4/2023
This Labor Day is dedicated to student labor and how it translates to the workforce.
When did your 'research' on going to college prompt you to evaluate the probability of gainful employment after graduation?
Many of the faculty and students at major colleges now sign diversity, equity and inclusion pledges as a requirement to work for and attend these educational institutions all funded by the U.S. government.
Google search for 'dei pledge college students' produced the following top result:
'I COMMIT... To understand and acknowledge the race, sexuality, gender, religion, age, education, ability, or socioeconomic privileges I have and use them to uplift others. To call out and take the appropriate steps to report bias, hate, and intolerance. To never be content, to learn and grow wherever I can.'
Should students, in turn, require these universities to sign a job placement pledge guaranteeing them gainful employment upon successfully completing graduation?
Student loan debt outpaces all credit card debt combined.
And with the constant threat of AI displacing skilled workers from the workforce; what exactly is the logical reason for incurring a massive amount of debt as many are unsure if these jobs will even exist in a year or two let alone after you complete your degree program? This is especially concerning for college freshman who enrolled for the 2023 fall semester.
Hard sciences, law and, for now, finance. What about 'equitable math' you might ask?
Government is more than willing to finance your education, if you qualify, because they use the debt to control you. Barriers to entry into the workforce are dependent on the DEI pledge (above) and are required even of the faculty at many major universities.
Do you really understand the terms of service that are subject to change at any time without notice? You cannot possibly understand changes that may take place in the future that you are agreeing to because they have not been established yet.
Student loans could be automatically deducted from your paycheck as a percentage of your income, if there was such a thing as gainful employment.
The government student loan financial aid system really screwed over teachers when they promised to 'forgive' student loan debt to those who majored in education and then went on to teach in schools for a set number of years. The terms of service changed for many of them who were told selectively that the debt would not be forgiven even though they met the requirements for the agreement they entered into. The terms of service are subject to change at any time without notice.
Routine displacement of American citizens by foreign workers also makes higher education a challenging bet.
What's Inside The Senate's $2 Trillion Coronavirus Aid Package - too small to fail? If you do not think that student loans are an issue, companies deemed 'too big to fail' were bailed out during the 2008 mortgage crisis, predatory lending... And the government forced small and independent businesses to close during the pandemic, but bailed them out. These were not 'pauses' as is the case with student loan debt.
Homeowners who paid their bills and saw a devaluation of their home value got screwed and the banks that caused the problem for them were bailed out and even paid penalties in some cases to the borrowers who defaulted, predatory lending. There has long been inequity in education funding as the cost from one student to another varies drastically depending on demographics.
Reimagining a more equitable economy is a great thing for some, but has disappeared the middle class. This is especially upsetting to many given the amount of resources dedicated to rescuing immigrants from abroad who were able to completely bypass the expense and time consuming process of navigating the bureaucracy of entering the country 'legally' - meaning the expensive, time consuming, background vetting and national security surveillance process that has been largely redirected inward toward the American citizens, particularly those who criticize these decisions that affect the U.S. economy and the stifled wages that do not keep up with the pace of inflation and create barriers for student loan repayments, which were not just investments in the future of the individual, but in our economy.
Google search: 'chicago universal basic income'
'A new program in Chicago will distribute $500 per month to 5,000 of the city's residents for the next year. The Resilient Communities Pilot is the largest of a number of guaranteed income initiatives that are being tested in cities across the U.S. The goal: Relieve extreme poverty.'
Who was eligible for the Chicago Resilient Communities pilot?
The City is no longer accepting applications for the Chicago Resilient Communities pilot. As of August 2022, all applicants have been notified about their status and the 5,000 households who were selected in the lottery are enrolled. The eligibility requirements were: You reside in the City of Chicago AND You are 18 years of age or older AND You have experienced economic hardship related to COVID-19 AND Your household income level falls at or below 250% of the Federal Poverty Level Only one application per household was accepted.
Comments