From Zero Hedge:
Thus, as the global monetary crisis accelerates in 2011, this year will be the year we move from the eye of the financial hurricane back into the hurricane. Given that the modern educational system teaches students absolutely nothing they need to know about surviving the crisis, after four years most students will only graduate with a mountain of debt and face a bleak economic landscape. Thus, I firmly believe that setting aside the money targeted for tuition, books, room and board and investing that money in gold and silver today (and take advantage of this banker created pullback in gold and silver prices now!) will leave any young adult a thousand times better prepared to face this crisis in two to four years’ time than the choice to enter university or graduate school today. But I'm not the only one that believes this. The National Inflation Association also believes this. At the very least, if you have a child you are sending to college or graduate school next term, do yourself a favor and finish reading this article. Whether you agree or disagree with me, at least you will have the information as well as my perspective AND the perspective of the National Inflation Association to make a proper decision.
In a recent US study called “Academically Adrift: Limited Learning on College Campuses”, researchers studied more than 2,300 students that attended 29 different US universities. Here is what they concluded:
(1) 45% of the students showed no gains in learning the first two years of college, and (2) 36% gained little learning even after four years of college level courses, even though the average GPA was 3.2 among the sample of students.
I wrote a while back about how worthless college is, and how people should avoid it like the plague. This Zero Hedge post, though, made me realize that parents need to be more proactive about their children’s education.
If at all possible, home school your children. I was home schooled for the first ten academic years of my life, and when I finally entered high school, I was considerably further ahead of my peers academically. This even had a carryover effect in college. Quite simply, public education and college do not offer a significant advantage over a dedicated parent in terms of education.
Furthermore, most of what is taught in public school and in college is completely worthless. Lit classes are a hotbed of secular postmodernism with a nihilist bent. In two words: horse feces. Science classes are watered down to the point of worthlessness, especially given the amount of grade inflation in schools. Really, the only valuable courses are math classes. And those can be taught at home.
In addition, as Zero Hedge rightly notes, these institutions fail to teach kids how to survive a crisis. The closest they get, at least in high school, are shop class, home economics, and agriculture classes. And these are in the process of being phased out. If you home school, you can also teach your children how to grow a garden, how to cook, how to preserve food, how to repair things (like cars, houses, etc.) Or, as I like to say, you can teach your kids real skills.
Also, you can also teach your kids the classics, something that public schools, and even colleges fail to do. Make sure you have plenty of good books for your children to read, and make a point of eating at least one daily meal together, so you can talk about these things together as a family. I consider family suppers to be one of the most important contributions to my intellectual development.
If you can give your children silver, as recommended by Zero Hedge, instead of an education, encourage them to buy their own land and build on it, and develop it for their own use. This will be far better than encouraging them to get a job in middle management, especially since those jobs are more expendable in the middle of a recession. Also, those jobs won’t exist in the event of a collapse.
So, if you want your children to be prepared for the future, you’re going to have to take matters into your own hands. I wish you luck