Sunday, May 5, 2019

Investing in people

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It is an article of faith among the Progressives that education is good and that graduating lots of 'really smart people' is the best way to jump-start an economy.

Can you explain to me, Governor Whitmer, why sinking money into Michigan's public Universities is a good investment for me as a Michigan taxpayer?

According to this source, the average Bachelor's degree costs the state $60,000.

Given the lower student-faculty ratio and intensive laboratory useage, one would expect the cost-per-year for a Masters to be double that.

Why should Michigan pump a hundred thousand dollars into a "really smart people" and educate them just so they can move to California, Texas or Sodom-on-the-Potomac?

As a point of interest, 18% of my graduating class (MSU, 1981 Engineering) accepted jobs in Texas while 17% accepted jobs in Michigan.

It makes far more sense to reduce taxes and deregulate to stimulate business and job formation. The problem is not a shortage of educated people. The problem is a lack of jobs and strangled new business formation.

2 comments:

  1. Well, it doesn't help that the majority of the students at MSU at the time we lived in Lansing, Michigan('94 thru '96) were from out-of-state. Get your education, and then, go home.

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  2. Defund U of M, MSU, EMU....
    Or treat them like service academies and demand local employment for 4 years.
    And have the schools cosign the student loans...

    ReplyDelete