At a Christmas gathering the other night, I was chatting with a friend who works in the corporate world and the conversation turned toward education. This man grew up on a farm and left the farm, went to college, got a degree and now has a successful corporate career. His dad is a successful retired farmer with no college education, so he has seen both sides.

He was lamenting the fact that it was going to be very difficult to finance his kid’s college education, but he was committed to doing it. I commented that maybe they should consider an alternative to college and he was somewhat incredulous at my suggestion. He is convinced that without that prized piece of parchment, their opportunities for employment would be seriously curtailed.

That is probably true if you are looking at a corporate job, since a BA is the new High School Diploma. Without it, you probably won’t even be considered in many companies. However, more and more people are questioning the value of a BA, and whether it is worth having a five or even six figure mortgage for the privilege of having that sheepskin to nail to the wall. Moreover, many other companies are beginning to understand that it is a person’s qualifications, measured by performance and results, that really matter.

Almost everyone I’m acquainted with believes that you must have a degree to be successful. That belief, like every other prevarication disseminated by the Hegelian Aristocracy, must be rejected.

The Education Establishment is pricing itself out of the market. (Even though those who don’t believe in the market are subject to its laws) The tipping point is already here. This Education Cabal consists of government, unions and those on the receiving end, namely teachers, professors and administrators. The latter are almost always given a pass and rarely held to account for the systemic disease that is rampant in education. But who is paying the union dues and accepting tenure? Taxpayers who vote to uphold and expand the status quo are also culpable since they control the purse strings.

The good news is it is likely we will see the demise of this system, hopefully soon. The bad news is the “publicans” and the democrats will both continue to prop up this moribund camarilla until even they realize it is unsustainable.

This is a great article by Gary North on the subject.