The comic on its original context has a strong "just stop being poor" vibe to it.

The people in charge wanted more money So they lowered the entry test scores and gave out scholarships and grants to everyone they could. As a result a lot of minorities made it in (Yay) But because the entry scores were lowered those who entered were doomed to fail (Aww) But wait the school has you covered with Student loans! (Yay) But because they aren't bank loans there is no regulation to protect the students from harmful policies, which just makes them glorified loan sharks. (Aww) But don't worry! These degrees are totally worth it! (Yay) Even though you will more than likely be forced to get a laborers job because there is a high demand for unskilled workers over educated ones. (Aww)