Op/Ed: To End Unnecessary Student Loans, Use Free Market to Help Education

By Robert Taylor of PolicyMic.com*

The Occupy Wall Street protests began in New York City almost two months ago, and the movement has spawned protests in 70 cities and 600 communities across the country and the globe. Protesters have generally expressed frustration and anger over income inequality, unemployment, student loans, and other issues, and it has been millennials who have appeared at the forefront of the movement.

Young people’s participation in the movement makes sense. Only 55% of Americans between the ages of 18 and 29 were employed last year, the lowest since World War II. In the last decade, the incomes of Americans between 25 and 34 have dropped by 12%. And barely 14% of 20-somethings are optimistic about the future.

The protests have drawn opposition from both Democrats and Republicans, but these critiques fail to address the root of the problem by ignoring the damaging effects of interventionist government economic policies in education for young Americans.

Under the guise of providing education, both Democrats and Republicans have encouraged the expansion of easy credit, federal student loan guarantees, and subsidized university education, resulting in the exact opposite of what they were intended to do; costs have skyrocketed, while the quality of education has gone down.

Instead of “reform,” a drastically new approach is needed in education that is based on individual liberty and the free market. Instead of paying property taxes to fund their education, families and individuals should have the freedom to choose their path in the assortment and competitive prices that the market provides.

Since the creation of the GI Bill in 1944, the federal government has encouraged millions of people, through the combination of loans and subsidies, to go into debt in order to attend college. The Federal Reserve made the borrowing easy with interest rates below market levels, and federal institutions guaranteed the loans. In the same way that the housing sector was distorted by a Fed-induced boom that eventually burst in 2008, this has similarly created an education bubble. Now about two-thirds of all college students graduate with student loans, and the average college student graduates $25,000 in debt. Tuition has risen by 900% since 1978. Combine these factors with a stagnant economy, and it is no wonder the “Occupy” protests are spreading through this country and around the world.

Thanks to government subsidies, many graduates hold “cheap” degrees that have little market demand. Because of this, over one-third of all college graduates end up taking jobs that even don’t require a degree, like waiters, cashiers, and janitors. Without the pricing mechanism of the free market to guide the education sector, colleges lack the proper incentives to prepare students for the future. As Michael Ellsberg argues in the New York Times, “American academia is good at producing writers, literary critics, and historians. It is also good at producing professionals with degrees. But we don’t have a shortage of lawyers and professors. America has a shortage of job creators. And the people who create jobs aren’t traditional professionals, but start-up entrepreneurs.”

The alternative to this lies in the free market. Without government subsidies and loans, multiple years of college would be only for scientists, engineers, and doctors who need certification and intensive training. The rest of the education sector would provide trade schools and institutions with courses aimed at providing people with practical and marketable skills and talents. Any loans or assistance would be completely voluntary, thus keeping costs low. A free market in education allocates resources in order to build entrepreneurs, wealth, jobs, and prosperity in order to attract future customers (students) and build their reputation. No longer would students have to bear the burden of debt that many OWS protesters claim they carry.

This means we need an end to federal student loans, grants, and subsidies. The competition of the market would bring costs way down, decentralize education, and allow much more diversity to a system that for too long has been dominated by a failing one-size-fits-all policy.

The problems fueling the frustration of the protesters will no doubt continue long after the protesters disperse. The best possible solutions to the protests lie in the expansion of individual liberty and the free market.

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We did our homework over the weekend; we did the research so we can tell you what is likely coming from Senate Democrats regarding President Trump's Supreme Court Nominee Amy Coney Barrett. Based on our research and the anonymous people who have already come forward to talk about Coney Barrett's youth, these are the main shocking things you can expect Senate Democrats to seize on during the confirmation process…

A man has come forward under the banner of "#MenToo," to say that in second grade, Amy Coney Barrett and her best friend at the time, cornered him at a birthday party at Chuck-E-Cheese and "injected him with a full dose of cooties." Which, if true, would obviously be disqualifying for serving on the highest court in the land.

Then there's a woman who says when she was nine-years-old, she lived on the same street as Amy Coney Barrett. She alleges that Coney-Barrett borrowed her VHS tape of Herbie Goes Bananas and did not return it for at least six months. And then when she did finally get the tape back, the woman says Coney Barrett did not even bother to rewind it. The FBI has interviewed at least two witnesses so far who say the tape was indeed not rewound and that it was very upsetting to the owner of the tape. Again, if true, this is troubling – clearly not the kind of integrity you want to see in a Supreme Court justice.

Apparently, in their elementary school days, they liked to drink milk – and lots of it.

The same neighbor also dropped a bombshell allegation about the drinking problem of Amy Coney Barrett and her closest friends. Apparently, in their elementary school days, they liked to drink milk – and lots of it. The neighbor says she "frequently" witnessed Coney-Barrett and her friends chugging entire cartons of milk – often Whole Milk, sometimes Chocolate Milk, occasionally both at the same time through a funnel.

Unfortunately, shooting-up cooties, injurious rewinding, and potential calcium-abuse are not even the worst of it.

A third person has now come forward, another man, and this is just reprehensible, it's hard to even fathom. But he alleges that in fourth grade, when they were around ten-years-old, Amy Coney Barrett and a group of "four or five of her friends" gang-GRAPED him on the playground during recess. He alleges the group of friends snuck uneaten grapes out of the cafeteria and gang-GRAPED him repeatedly in broad daylight. In other words, and I hate to have to spell this out because it's kind of graphic, but the group led by ten-year-old Amy Coney Barrett pelted this poor defenseless boy with whole grapes. He recalls them "laughing the whole time" as they were gang-GRAPING him.

He recalls them "laughing the whole time" as they were gang-GRAPING him.

Obviously, even if just one of these allegations is half-true, no Senator with a conscience could possibly vote to confirm Coney Barrett. When there is a clear pattern of destructive childhood behavior, it always continues into adulthood. Because people do not change. Ever.

Fortunately, for the sake of the Republic, Democrats plan to subpoena Coney Barrett's childhood diary, to see what, if any, insights it may provide into her calcium habits, as well as her abuse of illicit cooties and the gang-GRAPING incident.

We will keep you posted on the latest, but for now, it looks like Democrats will find plenty in the reckless pre-teen life of Amy Coney Barrett to cast doubt on her nomination. And if not, they can always fall back on her deranged preference for letting babies be born.

[NOTE: The preceding was a parody written by MRA writer Nathan Nipper.]

On the radio program Friday, Glenn Beck discussed the recent news that a primary source for the Steele Dossier — the document on which much of the Trump-Russia collusion investigation was based — had been investigated by the FBI for contacts with suspected Russian spies. Glenn also shared several previously unpublished texts and emails from FBI agents have recently been released.

According to a letter sent by Attorney General William Barr to Senate Judiciary Committee Chairman Lindsey Graham (R-S.C.) on Thursday, the FBI knew early on that the research compiled by ex-British intelligence agent Christopher Steele relied on a "Primary Sub-source" that had been "the subject of an FBI counterintelligence investigation from 2009 to 2011 that assessed his or her contacts with suspected Russian intelligence officers" — but still used it to obtain warrants to spy on former Trump campaign-aide Carter Page.

But, it gets even worse. Now, new leaked texts and communications from FBI agents within the department at the time of the entire Russian collusion effort were disclosed in federal court filings on Thursday. According to the court documents, FBI agents purchased "professional liability insurance" to protect themselves in January 2017, just weeks before Donald Trump was inaugurated president, because they were concerned about the agency's potentially illegal activity during the Russia collusion investigation.

"Trump was right," one FBI employee wrote in response to then-President-elect Trump's Jan 3, 2017 tweet which read: "The 'Intelligence' briefing on so-called 'Russian hacking' was delayed until Friday, perhaps more time needed to build a case. Very strange!"

Watch the video below for more details:

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Chief researcher Jason Buttrill joined Glenn Beck on the radio program Thursday to discuss an "explosive" new report released Wednesday by Senate Republicans on Democratic presidential nominee Joe Biden's son, Hunter Biden, and the Ukrainian energy company Burisma.

Among other serious allegations, the 87-page report claims that "Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow," and the richest woman in Russia.

"The transactions discussed [in the report] are designed to illustrate the depth and extent of some questionable financial transactions. Moreover, the financial transactions illustrate serious counterintelligence and extortion concerns relating to Hunter Biden and his family," the report stated.

Jason suggested the Senate's findings provide additional evidence to back allegations of a money-laundering scheme, which Glenn detailed in a four-part series about Biden's shady connections to Ukraine. Learn more on this here.

"Laundered money is very hard to track to its finality," Jason explained. "I'm sure the Biden camp is really hoping that it just looks suspicious, but [investigators] don't ever find the eventual end point. But, if they do – and it's possible they already have – this is going to be explosive, very explosive."

Watch the video below for more details:

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Revolutions rarely happen overnight. The Left started laying the groundwork for November 3, 2020, the moment Hillary Clinton had to concede the 2016 election to Donald Trump. It was always solely about getting rid of President Trump — and there's a playbook for that.

Last week, Glenn Beck showed you the "Seven Pillars of Color Revolution" written by a former U.S. diplomat, which are the conditions that must be in place for a successful Eastern European-style "Color Revolution." The left seems to be pushing for a Color Revolution this election because they are using the exact same playbook.

In part two of this series, Glenn peels back the layers on the first four of these Color Revolution pillars to show you how they work and what the end goal is. And he reveals one of the architects of the playbook – a Color Revolution specialist, former ambassador, and former Obama administration official who is one of the key masterminds of this revolution.

Joining Glenn is political campaign veteran and BlazeTV host Steve Deace who says the polls that claim Biden is leading the race "are trash." We're being set up to believe that if Trump wins in spite of the polls, it must be an invalid election.

Watch the full video below:


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