Tuesday, August 4, 2009
Educational Resource Fees
These fees should really be called "Economic Downturn Fees". And these fees make sense. When the economy is down, business suffers, as do people with jobs. College students don't have jobs, so they are insulated from the economic downturn and best able to bear the hardship. Further, colleges don't adequately prepare students to get jobs meaning it could take many years after graduation before students are exposed to the harsh realities of working in a weak economy. Students should be thankful their school shelters them from the economy and be happy to keep George Mason University afloat in its time of need.
I hope I'm not the only one who sees something wrong with this picture. Maybe an alternative budget solution in the lien years would be to stop building like there's an impending shortage of bricks. But then again, maybe I'm just a cynic.
Compared with the totality of knowledge which is continually utilized in the evolution of a dynamic civilization, the difference between the knowledge that the wisest and that which the most ignorant individual can deliberately employ is comparatively insignificant. ~Fredrich Hayek in The Constitution of Liberty