House of Paine

whats the capitalized value of an amerikan B.A.

 
  by which
of course
  i mean 
  its dollar value 
 in enhanced
 earning power
    discounted back to today 


   it would appear
    a B.A 'S WORTH
          about 450 k right now 

          according to the best and brightest
                calculators 

      and  the cost ...

   well whatever  
  the cost number 
      u come up with

              its too low 
 
       way way too low
    to  get ya 
     all that bene stream 

     household  higher ed investing
      reeks of
      market failure ....


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no i'm not doing the math

its goof ball stuff

the B&b calc
put it in at around 150k 

a low ball to me 


 but  u can figure   yourself 
  
" don't forget to add in 
  job income opportunity lost 
       and  take out of the college bill 
              any pleasure 
      derived from 
         free  facilities
and of course 
   your  room and board etc etc 

-----------------------------

whatever 

   hey 
            
     is it  good buy  ????
                      campus life ????

                       u bet 

 


========================
 so why ???

we got student loans even 

why haven't we helot climbers
and self betters
 bid down the bene stream
by storming the college gates
 piling on the job apps
  and squashing the BA NEEDED JOB LATTER 

 to where this investment
 pays about like any normal pip squeeks 
           investment 

          risk premium ???

                   ie
 u may not make it all the way 
        like the average bear 
         but  i'm not talking life and health
          thats insurable we can add that in

i figure
that still leaves you about 200 k ahead 
                    of where brake even lives 

a non supply regulating
   BA HOLDER 
         rent bonus worth 10k or more 
  each  year  for as long as you jobble 

               rents to seek
               in gettin that sheep skin

what a fuckin   rip off

       rewarding  herdability 
servility
        tolerence for boredom 
and other useless time wastes  
     
   i say if the market
    can't lower the diff

       we need to tax em all directly 
 
        tax away the ba holders  rent

    each year  starting right after  graduation 
              
         and take the revenue yield
   to fund  a lottery for high school drop outs 


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