Out-Of-Touch CEO To Students Buckling Under Crushing Student Debt: 'Stop Taking Trips To Vietnam And/Or Cambodia'
Start writing a post
Politics and Activism

Out-Of-Touch CEO To Students Buckling Under Crushing Student Debt: 'Stop Taking Trips To Vietnam And/Or Cambodia'

Southeast Asia = Student Debt (?)

18
Out-Of-Touch CEO To Students Buckling Under Crushing Student Debt: 'Stop Taking Trips To Vietnam And/Or Cambodia'
CNN

On Feb. 22, 2016, a commentary titled “Dear Bernie Sanders, Sorry I’m the Problem With America” was posted to Fortune magazine from a man named Rob May. In the commentary, May, CEO and co-founder of Talla, bemoans the criticism Sanders has leveled at corporate America and proposes his solution to the student debt crisis. Simply stop taking trips to Southeast Asia and work harder, lazy peons! Rob May needs to take WRIT 150.

Why do so many tech CEOs lack basic writing skills? From Mark Zuckerberg’s ill-fated defense of Free Basics in India (but think of Ganesh!) to Rob May’s completely self-serving contribution to the discussion about college education in the United States, tech CEOs think it’s their obligation to lecture us tech illiterate folk. As Zuck’s Free Basics fell short of the finish line in India due to the passionate rebuttals of several Indian intellectuals, I now feel it is my humble responsibility to point out several obvious flaws in May’s, let me reiterate, completely self-serving contribution.

I am labeling May’s contribution as self-serving because he spends more than half the article discussing his own business ventures. Could this perhaps be an attempt at viral marketing? Gosh, I sure hope not! His background is relevant to his overarching point that hard work is the only currency one can rely on these days, yes, but to claim that laziness is the issue is a tired conservative narrative that flies in the face of hard facts. That’s right, facts, not straw-man arguments lamenting the popularity of Vietnam and Cambodia as vacation destinations. (Quick aside: How does a vacation to Southeast Asia, one of the cheapest regions to travel to, translate into average student debt approaching $30,000?)

So let’s look at facts, like the fact that my school -- University of Southern California -- has raised tuition by $9,280 since the 2011-2012 school year. I can already hear the indignant cries: “you are cherry-picking! USC is a private university and it’s your own damn fault for choosing to go to a school that would raise tuition by that much!” Well, sure, I could waste words arguing that, but then let’s look at this graph.

This is in-state tuition for public institutions. The rate it has increased at is higher than the rate of inflation, so we don’t even need real dollar values to realize how absurd this is. Note that it does not even run up to present, so it would be safe to assume that the average figure is even higher than it was. Now, tuition is just one side of the steaming pile of manure that is higher education in the United States. What about educational supplies, like textbooks?

See, Bernie Sanders isn’t so much taking issue with your success, Mr. May, so much as he is taking issue with vulture capitalists that see in the combination of overly easy credit and hugely inelastic goods an opportunity to make an exorbitant profit. Vulture capitalists, like textbook corporations that have raised the price of a required good by 575 percent (325 increase compared to the CPI) since before the 1980s. I am required to purchase these books or risk maximizing my potential grades.

So, Mr. May, the higher education crisis is not, as much as you might like to think, a result of the seductive charms of Southeast Asia. I wish it were that simple.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
the beatles
Wikipedia Commons

For as long as I can remember, I have been listening to The Beatles. Every year, my mom would appropriately blast “Birthday” on anyone’s birthday. I knew all of the words to “Back In The U.S.S.R” by the time I was 5 (Even though I had no idea what or where the U.S.S.R was). I grew up with John, Paul, George, and Ringo instead Justin, JC, Joey, Chris and Lance (I had to google N*SYNC to remember their names). The highlight of my short life was Paul McCartney in concert twice. I’m not someone to “fangirl” but those days I fangirled hard. The music of The Beatles has gotten me through everything. Their songs have brought me more joy, peace, and comfort. I can listen to them in any situation and find what I need. Here are the best lyrics from The Beatles for every and any occasion.

Keep Reading...Show less
Being Invisible The Best Super Power

The best superpower ever? Being invisible of course. Imagine just being able to go from seen to unseen on a dime. Who wouldn't want to have the opportunity to be invisible? Superman and Batman have nothing on being invisible with their superhero abilities. Here are some things that you could do while being invisible, because being invisible can benefit your social life too.

Keep Reading...Show less
Featured

19 Lessons I'll Never Forget from Growing Up In a Small Town

There have been many lessons learned.

46606
houses under green sky
Photo by Alev Takil on Unsplash

Small towns certainly have their pros and cons. Many people who grow up in small towns find themselves counting the days until they get to escape their roots and plant new ones in bigger, "better" places. And that's fine. I'd be lying if I said I hadn't thought those same thoughts before too. We all have, but they say it's important to remember where you came from. When I think about where I come from, I can't help having an overwhelming feeling of gratitude for my roots. Being from a small town has taught me so many important lessons that I will carry with me for the rest of my life.

Keep Reading...Show less
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

120108
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments