Dear Super PACs,
Please fund our education.
Thanks to the internet, I recently discovered how truly super you are at gathering funds—I believe that’s $612,813,108 worth of super-ness to be exact. So, if it is power you seek, the future of America you wish to affect, and money you wish to throw around, I have got an offer for you. I am proposing that you actually fund the future of America—fund college education.
I ask you Super PACs to imagine a world where you gather funds from various companies and individuals, and use it to pay for college applicants’ fees and tuitions. In return, the companies contributing money to Super PACs will receive the promise of the sponsored students to to maintain a specific GPA to receive the funds and dedicate a mutually agreed upon, ethical portion of their working lives to a fairly paid internship or job under a given contributing company. Thus, companies with common interests can invest not only in the future of society, but in the future of their company. Not to mention, that economic studies show college-work study programs actually lead to higher productivity within firms. And what Super PAC member does not want the commitment of hyper-productive college students as employees for their companies?
Clearly, this idealistic situation is a stretch, and has plenty of caveats surrounding the idea of trading work for a quasi- “gift” of tuition. But from what I hear, you guys are good at circumventing caveats, right?
But, I digress. Let us take a look at the facts around your return on investment; for I know you—or anybody for that matter—will only invest money in what will payoff.
First of all, as I am sure you Super PACs are aware, the demand for funding is equally as enormous as the demand for job experience among higher education students. Historically speaking, 18 to 24 year olds experience an unemployment rate that is “2.2 times as high” as that of the general population, and with 83% of of the 2014 graduating class claiming to be jobless, it seems unlikely that the ROI—highly productive collegian workers—will ever disappear. What’s more, about 80% of some 20.2 million college students are in need of a way to pay off and escape debt inducing student loans. Basically, your supply of workers in this age range is huge—and I’ll let you do the math on how you can benefit from that.
Now, I ask you, companies of the Super PACs, to forget about your immediate benefit in switching from political funding to collegiate funding, and to truly consider the college student as an individual. The collegian truly needs these funds in order to succeed whereas, your carefully vetted politician merely wants the funds raised on their behalf to—not even win—but just fuel their campaign. Too boot, your politicians already possess public power, and therefore can likely gather sufficient funds without your oh-so-generous aid.
I am unsure if you are familiar with the idea of a tight budget or the concept of a lack of connections, but these are actually the reasons individual students cannot fund their personal campaigns for education. Let me explain. Generally, college students and applicants are something like their own private entities, with few connections, and even fewer funders—if any at all. The result of all these one-person-run private entities attempting to pay, in some cases, over $30,000 per year in order to elevate their potential in society has amounted to about $1,200,000,000,000 in student debt.
If you Super PACs really want to pay for a change in America, a generally better America, and want to make a better tomorrow, tomorrow, then consider the fact that your political actions are business interactions that come at a social cost—and thus pecuniary cost. What does this really all mean to you? To the future of America that you all seem so desperate to mold to your liking?
Well, this means that as of 2015, over 40 million Americans are living with debt due to student loans they were unable to payoff. This student debt is destabilizing the social mobility that higher education once promised, and thereby perpetuating patterns of economic inequality. I know you are all already at the top, so who cares about social mobility, right? But, I ask you to think about it. In many cases, indebted graduates cannot even take out mortgages, or obtain certain loans due to their outstanding student loan debt. Thus, mass numbers of graduates in society are barred from participating in and growing essential American markets. What happens when people can no longer afford to contribute to such markets? What happens to your plenteous funds when spending begins to dwindle in your fine fields of production?
Stop waiting for the for the right politician to fund, and hoping he or she can somehow clean up the huge social cost of seemingly unrepayable, high interest rate student loans, the subsequent student debt, student unemployment, and an overall lack of accessibility to productivity improving higher education programs. Fix the problem at its root.
I ask you, is funding the future of America through students really that different from funding it through politicians? In fact, are students not more promising than politicians? They are free from commitment to a career, free from commitment to past public stances, and filled with the potential of future intelligence—which can only be magnified by an attainable college education.
Thus, I say to you again Super PACs, if you want to change the future, then look to the future; fund the future; fund the people’s education.
Indebted College Student of America