Text Talk - Regression or Evolution?

Ladies and gentlemen, you are about to read a rant - you have been warned. When writing a scholarly essay, please do not simplify it for the sake of typing less. It is unprofessional and does not look good on any academic writings or résumés when you are looking for a job. There are standard rules of writing that must be applied when writing professionally, and text talk seems to reduce the meaning behind our precious literature. Is it that much harder to write because than bc? Maybe I'm missing the point. Perhaps text talk is evolution of the English language. If you think about it, our standard spelling and word usage have evolved since Shakespeare's day, even though we are are in the same language era (modern English). Maybe the new spelling for you should be u because it's that much easier to write. After all, we have entered into the era of technology. But doesn't it just show lack of effort when people cut out letters in a word just to get done with an assignment sooner? I'm curious as to what you all think about this. Do you think that text talk should be allowed in school papers because that is what is becoming the social norm, or do you think that text talk is a regression from what we have been teaching children all these years?