Eagle: Will Crushing Student Loans and Worthless College Degrees Politicize the Millennial Generation?

Crowd-Sourcing, Education, Politics
300 Million Talons...
300 Million Talons…

Will Crushing Student Loans and Worthless College Degrees Politicize the Millennial Generation?   (May 31, 2013)

The existing social and financial order is crumbling because it is unsustainable on multiple levels. The central state is not the Millennials’ friend, it is their oppressor.No generation of young people is ever politicized by hunger in distant lands or issues of the elderly. It’s no rap on youth that self-interest defines what issues have the potential to radically transform their political consciousness; the transformative cause must reveal the system is broken for them and that it intends on sacrificing their generation to uphold the Status Quo.

The Millennial generation, also known as Gen-Y (Gen-Y comes after Gen-X), is generally defined as those born between 1982 and 2004.

The oldest Millennials were children during the first Iraq War in 1991 (Desert Storm) and just coming of age in 2001 (9/11 and the war in Afghanistan) and the start of the second Iraq War (2003).

Click on Image to Enlarge
Click on Image to Enlarge

The Millennials have entered adulthood in a era characterized by permanent low-intensity wars and central-bank/state managed financial bubbles–2001 to the present. In other words, the only experience they have is of centralized state mismanagement on a global scale.

The gross incompetence of the government and central bank–not to mention the endless power grabs by these centralized authorities–has not yet aroused a political consciousness that the system is irrevocably broken, not just for older generations but most especially for them.

Anecdotally, it appears the Millennial generation is still operating on the fantasy that all they need to do to get a secure, good-paying job and a happy life is go to college and enter the Status Quo machine of government/corporate America.

There are two fatal flaws in this fantasy: the $1+ trillion student loan industry and a transforming economy. The higher education industry in the U.S. operates as a central state-enabled and funded cartel, limiting supply while demand (based on the fantasy that a college degree has critical value) soars. This enables the cartel to keep raising prices even as the value of its product (a diploma) sinks to near-zero.

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Phi Beta Iota:  Those who recognize the incapacity of the Independents, small US parties, and Occupy may wish to consider ethical evidence-based decision-support as a foundation for a new movement that is focused on transparency, truth, & trust.

See Also:

We the People Reform Coalition