Universities do a spectacular job of convincing prospective students go to thousands and even hundreds of thousands of dollars into debt to gain liberal arts degrees which are mostly an instruction in post-modern Marxism.
After graduation, many of these students have a hard time finding work that can pay back their loans on a sensible schedule. This problem is more acutely felt at the middle-tier schools, but it affects elite graduates as well, more so than many people would otherwise tell you. An elite degree alone will not get you a good job.
Social justice fanatics may be fanatical because they are justifying to themselves the amount of money and time that they spent on getting a Marxist degree that sets them at odds with their surrounding society. They feel that, unless they join the class struggle, their expenditure has been wasted.
This behavior tends to present itself frequently in victims of scams: the more that they have spent on getting into the scam, the more fervently that they want to believe in it.
The American universities have hoodwinked entire generations of young Americans who have diminished life opportunities due to the same bad policies advocated by the professors at those institutions. It’s more difficult for people to admit that they were fooled than it is for them to double down on the narratives promoted by the people who betrayed them.
This is especially the case for radical feminists, who in many cases have destroyed their chances for having a happy family life — they squeal the loudest because they have the most to lose from any reversal in their gains. At a time when the happy infinite credit regime is loath to give out home and business loans to anyone with a heartbeat, it’s mostly happy to extend credit in enormous amounts to students with no qualifications.
The woman with the master’s degree in gender studies knows how much it cost her to get that degree — more than a dozen diamond bracelets from Tiffany’s — and she has to justify to herself that it was as valuable as the time, money, and energy that she or her family sacrificed to get that certification and the indoctrination that came with it.
Most of this money goes into the pockets of administration bureaucrats and into university endowments, which are essentially hedge funds with more favorable tax treatment.
The passion that social justice warriors show for post-modern Marxism is partly because our system has rigged a bizarrely high valuation for advanced degrees in degree programs that would have been seen as politically correct in the Marxist-Leninist universities of the old USSR. They believe that it was valuable because they saw the high price tag, and noticed that it was the middle-class-responsible thing to do to trundle off to college to learn Marxist dialectics.
This is a social distortion of the kind that is common to all paper money regimes, because the industries chosen for inflationary favor tend to bloat far beyond what they would be able to get to without the mass credit issuance, or the guarantee from the government that the face value of the loan will be repaid.
When the flow of money falters to the social justice training camps, so will the social justice warrioring. Ironically, the best way to destroy the American university system as it stands today would be to remove the government guarantees from student lending, permitting the loans to be discharged in bankruptcy. This would curtail the infinite bloat of tuition and put countless leftists out of work permanently.