Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.
Do men drop out of college because they get someone pregnant? Do they quit their job if they get someone pregnant? No. And we do not require men to support women they have made pregnant. Once the baby is born, there can be child support. Before that, though, no.
Not graduating high school on time leads to fewer chances of attending college and obtaining good paying jobs, and creates instead higher chances of incarceration and unemployment.
It is one thing to take as a given that approximately 70 percent of an entering high school freshman class will not attend college, but to assign a particular child to a curriculum designed for that 70 percent closes off for that child the opportunity to attend college.
The day I entered St Columb’s College, my parents bought me a Conway Stewart pen. It was a special afternoon, of course. We were going to be parting that evening; they were aware of it, I was aware of it, nothing much was said about it.
No one except Hollywood stars and very rich Texans wore Indian jewelry. And there was a plethora of dozens if not hundreds of athletic teams that in essence were insulting us, from grade schools to college. That’s all changed.
To the Kenyan families, school doesn’t really matter because none of them are going on to college. Almost all of drop out of school and so, they’re spending their time learning things that are important to them.
The most frequent complaint I hear from college students is that professors inject their leftist political comments into their courses even when they have nothing to do with the subject.
Albert Camus’s ‘La Peste’ – ‘The Plague’ – had an enormous impact on me when I read it in high school French class, and I chose my senior yearbook quote from it. In college, I wrote a philosophy class paper on Camus and Sartre, and again chose my yearbook quote from ‘La Peste.’
So if a college education is indispensable, the challenge as I see it is how to make it more accessible.