Inquiring minds are reading about student riots at the University of California.

Students at the University of California’s flagship Berkeley campus took to the streets on Friday night, vandalizing university buildings, burning trash cans and clashing with police in the latest expression of frustration over cuts to the educational budget in California.



In November, the University of California Board of Regents voted to raise tuition by 32 percent. At the same time, professors were asked to take pay cuts or be furloughed, classes were eliminated and class size increased. Protests erupted across the University of California system, particularly at UC Davis and UCLA.







Student Loan Defaults Soar

Every year, tens of thousands of college students and graduates stop making payments on their student loans.



For more than a decade, that loan-default rate was in decline because the federal government toughened penalties for schools with high shares of defaults. Now, the rate is increasing again and not just because of the economy.



The problem is particularly acute in Arizona, which has the nation's highest overall default rate on federal student loans: 9.8 percent in fiscal year 2007, the latest figures available.



But more than default rates, it is the high levels of debt that are provoking alarm among consumer advocates. That has heightened scrutiny of for-profit schools.



Tuition at for-profit schools can easily top $10,000 a year. The average loans for a student who earned a bachelor's degree totaled $32,650 in the 2007-08 school year, compared with $17,700 at public universities. At community colleges, the average for two-year degrees was $7,125.



In Arizona, for-profit schools are booming. They have more than doubled the number of students they serve in the past five years, and more students are at for-profit schools than all three of the state's public universities combined.



Last school year, for-profit schools enrolled nearly 468,000 students, according to the Arizona State Board for Private Postsecondary Education, a state agency that licenses and regulates most for-profit schools. About 55 percent were from Arizona, and the rest lived elsewhere and attended school online.



In December, the University of Phoenix settled a whistleblower lawsuit in federal court for $78.5 million over recruiter-pay practices. Two former enrollment counselors sued in 2004, alleging the school defrauded the government of billions of dollars in financial aid and violated federal law by paying recruiters based on enrollment. The company said the pay practices were legal because enrollment was not the sole determinant. The university did not admit any wrongdoing.



Nationally, for-profit schools had the highest share of defaults in the United States in 2007: 11 percent. Community colleges had a nearly 10 percent rate, and private, non-profit universities had the lowest rates, at 3.7 percent, according to the U.S. Department of Education.

Student Loan Scam

Millennials had better learn quickly that they face coming of age through middle age and end of life in a world in which they will be forced to consume one-third to half as much in per capita energy terms and associated material production and consumption.



Thus, they should be rioting to cut taxes and to cut government including cutting funding for places like "Berzerkley" and the many worthless programs and costly administrative and pension payouts.



What "Berzerkley" or a state or private university confers on the vast majority of students is a "credential" and "legitimacy" within the existing division of labor and state tax farm. Their "education" is mostly in terms of being conditioned to conform to the costly state superstructure, including submitting to tax, wage, and debt servitude for life.



What they will "learn" in terms of actual occupational skills, self-reliance, and productive wealth creation they could learn at a much lower cost (and higher return to them) than 4+ years of university "education" by actually doing something productive, paid or not, as a youth.



Rioting for more government largess extracted eventually from their meager paychecks in the future is suicide and merely sustains for a while longer the system they perceive themselves to be opposing or attempting to reform.



They are wasting their valuable time and youthful vitality rioting against the intractable state when they could be using their time and efforts to form productive private associations in parallel or outside the existing division of labor and social and political superstructure.

Expect More Riots

There will be more riots, and over more issues. Students are traditionally always the first to riot, since most of them are young and rebellious, and therefore it's easier to get them to engage in street protest and vent their anger.



The only groups that may even be more riot prone are French farmers and Greek public workers.

How Good Is That Education?

Education System Benefits Recruiters, Administrators, Teachers, Staff