America's Waiters and Cashiers Are Over-Educated

Good article at Reason.com.

And not only are America's waiters over-educated - they are deep in debt because of their college student loans. I don't really buy into the notion of being over-educated; I just don't want to pay for your study of esoteric and impractical subjects. If you are going to pay for it, I could give a flip what and how long you study.

Not everyone should go to college and if one goes to college, it should not cost nearly as much as it does today. And we should not be borrowing (as governments, parents and students) for this education. Let the market function; eliminate all the borrowing and the subsidies and we can then sort this mess out.

Not all education is created equally. A BA in Art History will not afford you the same opportunities as a BS in Electrical Engineering. Even if the former is at an expensive private Liberal Arts College at $50,000 per year and the later is at the State U for $8,000 per year.

Let's get rid of the government subsidies for college. This by itself will lower the cost, and help focus colleges and students on education that will pay for itself.