The four-year degree scam is a result two things for the most part. The first is the student loan boondoggle. For many kids and young adults, the four year degree requires a giant, debilitating debt, unless you are a drug-addled, brain-damaged scion of a traitorous family (or perhaps actual son of third-world dictator), legitimate super-genius who really should be in college studying something interesting, or a scholarship athlete. Everyone else has to pay, especially if you believe that Williams for full pop is somehow better for the future B-minus student college-bound type than in-state tuition at places like UMBC or UMass Lowell or Salem State. Those big-times loans will follow you forever, so the banks always get paid. It's a good deal for them and bad for you. The second major driver of the scam is the legion of sub-50th percentile Ph.D's from sub-50th percentile programs who get jobs teaching at sub-50th percentile universities. Like the banks making their loans, these clowns and their bosses need these institutions to be filled to the brim each and every semester with students going into hock for useless, overpriced degrees that they don't really want,
It's long past time to stop making overpriced and pointless four-year degrees a jobs program for people who couldn't find success in any sort of academic meritocracy at any level since they were 13. Make the admissions programs uniformly rigorous and selective at the best schools to fill them with the people who deserve to be there and will actually study something interesting in order to further the knowledge base of humanity. Let all the lesser degree mills, horrible private colleges, and tax-payer funded binge-drinking sleepaway camps wither, and let all the newswriters, IT staff, school teachers and administrators, service professionals, most engineers, manufacturing managers, bank employees and everyone else get their jobs with only the education they need to be successful at that job without obscene and otherwise worthless college debt, whether that education is a certificate, apprenticeship, two-year degree or in rare cases four or four-plus year degree. The only ones who get hurt are the villains in the banks and the shitty schools pushing their junk on the kids.
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