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St_Rev's profile
St. Rev ☯️🏴😻
St. Rev ☯️🏴😻
St. Rev  ☯️ 🏴 😻
@St_Rev

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St. Rev  ☯️ 🏴 😻

@St_Rev

Anti-authoritarian, bleeding-heart Stirnerite, ☯️. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.

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Joined May 2011

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    1. St. Rev  ☯️ 🏴 😻‏ @St_Rev Jun 24
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      St. Rev  ☯️ 🏴 😻 Retweeted

      Priest begs for more tithes on behalf of the peasantry https://twitter.com/HeatherGautney/status/1143191218110763008 …

      St. Rev  ☯️ 🏴 😻 added,

      This Tweet is unavailable.
      2 replies 12 retweets 40 likes
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    2. St. Rev  ☯️ 🏴 😻‏ @St_Rev Jun 24
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      It's absolutely true that the average student was swindled, and heads should roll. But university endowments should be paying for this, not taxpayers. This asshole is entirely fucking complicit.

      3 replies 11 retweets 46 likes
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    3.  🇭🇰Winthrop Wickard 🇭🇰‏ @WinthropWickard Jun 24
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      Replying to @St_Rev

      *Was* the average student swindled? The Narrative tells us that 18-year-olds can be trusted with sex, weed, automobiles, the military and civil marriage. There's no coherent model of the American young adult that permits them all that but not loans.

      3 replies 0 retweets 1 like
      St. Rev  ☯️ 🏴 😻‏ @St_Rev Jun 24
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      Replying to @WinthropWickard

      Like hell there isn't. Banks are much more reluctant to underwrite a mortgage for an 18 year old with no assets. Insurers charge 18-24 drivers far more than older drivers.

      7:32 PM - 24 Jun 2019
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        2. Alex Godofsky‏ @AlexGodofsky Jun 24
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          Replying to @St_Rev @WinthropWickard

          Leaving aside the question of competence, the college wage premium generally exceeds the cost of college and we have reasonably good evidence that (1) it is causal and (2) the causal component is enough to justify the cost of college.

          1 reply 0 retweets 0 likes
        3. Alex Godofsky‏ @AlexGodofsky Jun 24
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          Replying to @AlexGodofsky @St_Rev @WinthropWickard

          Most people who went to college made the right decision financially. It is probably true that they paid more than they ideally would have but it's a minority of students who actually lost out, and a tiny minority that represent the scary headlines of $180k in debt with no job.

          1 reply 0 retweets 0 likes
        4. St. Rev  ☯️ 🏴 😻‏ @St_Rev Jun 24
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          Replying to @AlexGodofsky @WinthropWickard

          See my comments earlier today about the variance of the wage premium and its correlation with class, resources and competence. It piles risk on the shoulders of those with the smallest reserves.

          1 reply 0 retweets 0 likes
        5. St. Rev  ☯️ 🏴 😻‏ @St_Rev Jun 24
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          Replying to @St_Rev @AlexGodofsky @WinthropWickard

          And just looking at graduation rates and the distribution of majors, it should be clear that it's not a tiny minority getting screwed.

          1 reply 0 retweets 0 likes
        6. Alex Godofsky‏ @AlexGodofsky Jun 24
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          Replying to @St_Rev @WinthropWickard

          The studies of the causal component generally look at marginal students (because it's easy to get an instrument).

          1 reply 0 retweets 0 likes
        7. Alex Godofsky‏ @AlexGodofsky Jun 24
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          Replying to @AlexGodofsky @St_Rev @WinthropWickard

          But also the universe where the marginal student earns a much larger premium than they pay in tuition and opportunity cost seems like it has a much bigger problem than the one where the marginal student is making a risky and not-clearly-optimal choice.

          1 reply 0 retweets 0 likes
        8. Alex Godofsky‏ @AlexGodofsky Jun 24
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          Replying to @AlexGodofsky @St_Rev @WinthropWickard

          The other issue is the recession. A lot of people graduated into a terrible job market. But the job market was much *worse* for non-college graduates; thus the estimated premium remained high, but graduates were still immiserated.

          0 replies 0 retweets 0 likes
        9. End of conversation
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