In plain words
How far the Viveka of this education has wasted away, in how many ways they are cutting Sarasvatī's throat: it is happening to a degree that cannot be told. Asking for learning, studying it, the students are cutting the throat of Sarasvatī herself, the goddess of learning who has done them good. How sinful this is! Of fitting honour for that Sarasvatī, of a fitting place for that Sarasvatī, of a fitting heart for that Sarasvatī, there is none at all in us. So the students must have, as their chief trait, the nature that offers gratitude to the goddess of learning in a fitting way. When pride of the body, or vanity of the mind, or falsehood of speech has entered into us to some degree, we may set about living just like Triśaṅku's heaven. For this there is a fine example.
It is the good whom many sorrows, pains and hardships pursue
In the Mahābhārata, Dharmaja is Dharma itself in person! Five virtues went with him all along. These, you may think, are Satya, Dharma, Śānti, Prema and Ahiṃsā. But many kinds of pain kept befalling Dharmaja. It is the good whom many sorrows, pains and hardships pursue. It is the precious diamond that they cut with many cuts. A diamond that is not given these very cuts has no value. So too with pure gold. Only when this gold is put into the fire, struck with a hammer, drawn out, cut into pieces and welded in many ways does it become a beautiful ornament. It is the tree in fruit that gets the blows of the stones! Yet however many they throw, see how the tree in fruit bends. In the same way, one who has good qualities is simply humble. Only the barren tree with no fruit stands stiff and proud. It is the one full of bad qualities who is arrogant. Neither his head nor his waist will bend. But where do such a waist and head, full of arrogance, bend? They bend at the barber's. Do you see? The cloud that has gathered many drops of rain comes down low.