Sign up

Financial Education Blog

Blog Author
Blog Month
Prostituting Education

Prostituting Education

The last couple weeks have been a zoo in Washington, showcasing much of what is wrong with our country, our politics, and our economy. It’s said that as Rome declined, the emperors said, “Give them bread and circuses.” Feed the populace and entertained them, and they’ll never revolt—until you run out of bread. People can live without entertainment, but they need bread.

Sadly, our government is the circus, and many people are starting to get hungry.

Yesterday, the house has passed a compromise bill to raise the debt ceiling that has no details and opens the way for a potential historic lobbying effort as the rich and powerful get ready to fight for the scraps of government funding.

But I don’t need to point out how dysfunctional our government is to you. The whole world knows by now.

Instead, I’m going to focus on another dysfunction—the college education system.

Huffington Post, reports that in an effort to pay for college, many young women are exchanging sex for tuition with dirty, old, rich men.

The article chronicles a number of young women who, desperate for a degree, find “sugar daddies” to pay their way through college in exchange for money to pay for tuition.

These girls say they’re not prostitutes, but as Professor Barb Brets says, "These college women [don’t] see themselves as sex workers, but women doing straight-up prostitution often don't see themselves that way either. Drawing that line and making that distinction may be necessary psychologically, but in material facts it's quite a blurry line."

Most people with a brain know that selling sex for money is prostitution. It’s sad to know that young girls think a degree is so important that they need to sell their dignity and their body to get a college education.

But what is even sadder is that our universities have prostituted education, raising the costs of tuition and fees well beyond inflation. According to the College Board, tuition and fee costs have skyrocketed by 130 percent over the last 20 years while incomes have been stagnant. According to the same article, two-thirds of college students graduate with college debt averaging over $23,000.

This has given birth to “pimps” like Sallie Mae, who give loans out like candy to students who don’t understand the sacred cow of go to school is a lie. These loans are big business, pulling in millions and millions in profits for investors and saddling our young people with debt and useless degrees. In a sick twist of irony, I wonder if any of the people getting rich off school loans are turning around to use that money to pay for sex with college girls who want a degree.

Simply said, students are paying more to earn less. With incomes stagnant, the higher cost of debt payments reduces income.

For many, the cost of college isn’t worth it. And it certainly isn’t worth prostituting yourself for.

To me, the fact that young girls are selling themselves to pay for college is proof that financial lies and myths are not only wrong, but also dangerous. Our young people feel the pressure to go to college in order to get a good job. It’s one of the worst sacred cows of money. You don’t need a college education. You need a proper education, and that’s rarely found in the hallowed halls of our nation’s universities.

Like all sacred cows, “go to school” needs to be shot.

This is not to say that I’m anti-education, or even anti-college. But I am anti-ignorance. For some professions, college is important. If you want to be a doctor, you need college. If you want to be a teacher, you need college. If you want to be a lawyer, you need college. You’ll have to decide whether the cost of college is worth the benefit of your chosen field.

But for many people, college is simply a bad investment. The benefit of a degree isn’t worth the return it provides. Instead, explore alternative forms of education. For instance, if you want to start a business, study money and find a mentor.

At the end of the day, one of the biggest educations you learn as you grow up is that most people don’t want to help you. They want to take your money. That’s not bad. It’s business. But you need to be educated and understand what a good investment is for you.

Don’t let the system pimp you.

Leave A Comment jump to leave a comment
Ivy
8/2/2011 10:21:13 PM
100% agreed. A true yet sad fact.
GIFT
8/3/2011 3:49:50 AM
You are right. it is awful
anthony
8/5/2011 12:22:24 AM
Yeah! RIGHT! we need to be financially literate!rather,..
Nicole
8/30/2011 6:32:41 AM
Man I wish I would have really thought about my decision to invest so much time and money into the education system. I have over $100,000 and 3 degrees making $30,000 a year. Def not a good ROI:-(
claudia
8/5/2011 3:49:56 PM
THIS ALSO HAPPPENS IN colombia my country an it is sooooo commn ..it the mentality women learn here. so sad. and hard to think in a different way thank you robert for making me think a lil bit different.
Deahnara
8/5/2011 3:54:45 PM
Of course the girls do't think of this as prostitution. TV is the most destructive educational force in our young people's lives today, and they're learning nothing about survival, education, finances OR morals. We've got a really disgraceful system in this country- legal, moral and educational. We need a revolution! And Robert, thank you for leading us in the cause with your insightful post.
Anonymous
8/6/2011 8:05:20 PM
I know quite of few women who do this. Trust me they know it's prostitution. Not one of them I knew were happy about about themselves. It's kind of a denial thing. It's like an alcoholic. They use all kind of justifications. Then they got to live with the consequences like low self-esteem. Good men don't want to date them because of their past. Also, if prostitution is the enviroment it's a good chance drugs are around. I'm glad I'm not in that enviroment.
Gold
8/8/2011 9:45:17 PM
Great post Robert! In this world either your pimping or getting pimped! If you work for a company and have a job your just a hoe in the game, happy with your benefits and wages. Then you try to look for another higher paying job but it's just another pimp having action at you. Hoes are going to choose! And pimps are going to have action at the bitch! Make things happen for yourself and make your own corporate ladder and get pimping!
Gold
8/8/2011 9:45:20 PM
Great post Robert! In this world either your pimping or getting pimped! If you work for a company and have a job your just a hoe in the game, happy with your benefits and wages. Then you try to look for another higher paying job but it's just another pimp having action at you. Hoes are going to choose! And pimps are going to have action at the bitch! Make things happen for yourself and make your own corporate ladder and get pimping!
Malcolm
8/11/2011 4:49:15 AM
An interesting blog and I pray the pimps do not reach these shores down under. I can only hope the teaching of Cashflow to all my year 10's over the last four years will steer them in the right financial direction to avoid the "sugar daddies"!
Josh
Saturday, March 24, 2012
Ok, this is true about college, I'm about 25, I graduated highschool in 06 and have avoided the college debt trap for the past 6 years, and have been basically against college. I've read just about every book Robert Kiyosaki published, I'm a student of the rich dad philosophy. The problem is this, if you have no money and are just starting out in your life how can financial literacy help you if you have no money to invest? Every entreprenurial venture requires capital and lots of it, it doesn't matter what it is,an investment or a business idea and without any type of degree, education or skills, what type of job can you even get to even save money? Maybe one for 10 - 15/hr. Good luck just supporting yourself on that. The reason tuition has gone up is because of the demand. The truth is that the world highly values a college degree, because without one in the job market you're a dead fish. I don't know if you read these posts Mr. Kiyosaki, but if you do, answer me this, how would you have been able to build your asset column if you never had that college degree level job with Xerox? Could you have done it on minimum wage? I don't think so. How could you start a business on that? Factor in the lousy economy and how many options do you have these days? It doesn't seem that there's any safe or smart place to turn anymore.
theWolfman
Thursday, August 02, 2012
Josh, if you have read many of Robert's books then you would know that it does NOT take money to make money, that is a destructive mindset. Sure it might be easier, but how do most of the entrpreneurs out there start their biz with no money. They find a way, by getting investors or whatever. But Robert has suggested 2 other options for you. 1 is network marketing, which now is much easier with social media, than the old stereotypes, which can create an asset with almost no money to start. Another is in real estate where there are strategies for getting started with no money down, doing onwer finance deals or even wholesale flips until you can get enough cash & expertise to do bigger deals. Email me if interested in discussing options. markjwolf@gmail.com
Amazing Selling Machine - Closed!

Latest Rich Dad Blog Posts