The cost and resultant debts are the result of a deliberate policy to saturate and wildly inflate education for the benefit of banks and education groups. What used to cost 10-20K now costs 100K+ and cannot be paid through “working your way through school”.
Add to that the unconstitutional construct of not being able to discharge the debt through bankruptcy (which is why money will be loaned readily to anything that breaths, which is the main engine driving the costs up up) and the debt being easily doubled from whatever current balance it is if you miss one payment and you can see this is a recipe for disaster.
If you could discharge the debts in bankruptcy there would be FAR more discrimination on the part of lenders with respect to creditworthiness and the costs would come back down to the realm of reality.
Of course, a lot of libtards teaching “wymens studies” and such will be gettin’ the classifieds out...
Money laundering for the DNC. Nothing more, nothing less.
Okay, I agree.
However, there is a good argument to be made that any undergraduate major should be concentrated in science or engineering.
The really intelligent students will have no problem with the math, and those who wish to obtain a B.A. would have the option of pursuing a real liberal arts education on top of all the hard science.
I agree. If the lenders could lose their investment, they won’t loan money to C students needing a year or two of remedial courses and little chance of graduating - driving up costs for everyone else and resulting in half the freshmen who never finish because the lacked the skills and capabilities to do so.
Then vocational/technical will come back into vogue.
True on all counts.
I graduated from a state school in 93. A year for my kids at the same school in 2014 is equal to 4 years.
It’s another nail for the middle class. The rich and poor both don’t have to worry about rising costs.
Yep. The Education Industry — self-aggrandizing its need by young people and industry. Enabled by easy loans (now government owned, along with our mortgages). And enriching cadres of anti-American progressives and furthering their Frankfurt School agenda.