The Real Story Behind the College Admissions Scandal – Skin in the Game

Why would these institutions of "higher learning" admit students who are not prepared, or whose ambitions are poorly served by college matriculation in the first place? It pays, and the way to insure the sustainability of their unearned wealth is to create, out of thin air, degreed programs that cater to the mass market of unprepared high school graduates.

If Socialists Really Wanted To Help People, They’d Be Capitalists.

Henry Ford didn’t build Fords for the aristocracy, he built them for ordinary Americans.  Steve Jobs didn’t create the iPhone for government elites or to meet some government mandate.  He created them for you and me.  Amazon isn’t a government-run distribution system.  It is totally and solely consumer driven.

The Real Story Of The College Admissions Scandal – Third Party Payers

The wonderful consequence of this scandal is that it is shedding light on the utter corruption driving the university system. The source of the fraud can be simply attributed to third-party payers, mostly government. This means that there is no efficient price mechanism for tuition and fees.

About The Center For Individualism

The Center for Individualism exists to revive individualism in America. We seek to be a catalyst for cultural change and a hub for all who aspire to live a self-reliant life. We produce content, curate resources, provide services, and facilitate relationships that empower people to achieve their personal and economic ambitions. Our purpose is to support individuals in building a better life for themselves – and in so doing, to build a better society for all.

Write for CFI