The Student Debt Trap is, thankfully, coming undone

I am just THRILLED to see all of the press that the idea that the college debt trap is getting.

Story after story about how the economics of private liberal arts colleges just don't make sense for middle class and working class people. The economics of energy in the future means that middle class millionaire's that blow a half million "educating" a couple of offspring are committing a sin. Parents willing to let their kids go into big debt are committing a mortal sin - or are just as dumb as a bag of hammers...

Unfortunately, the word that half of these colleges won't even BE HERE in 10 or 20 years has not made it to the fore... but it shall. Peak Oil and Peak Credit are here for the U.S., as is Peak Student Tuition Payments. Hallelujah!!! That 6 hour a week tenured prof will thankfully be joining those soon to be former government workers earning a living from honest toil...

Now, if we could just get that other part of our f***ed up educational system on the mend, you know... K-12...

Its a start.