It’s not the value, it’s the damned price.
That actually depends on you field, my nice just graduated, had a job before she graduated and the company will pay off her student loan if she stays with them five years. But you cannot get that deal in a fields of underwater basket weaving with a minor in queer studies.
Exactly! Our sons did not graduate with debt but their parents went without proper savings for retirement. It was a choice we made knowing we and our employers had “invested” in social security and medicare to help offset our losses at retirement.
People with parents unable to do this, end up screwed all around and it is wrong. Their parents have no retirement beyond what they “invested” in social security and medicare and their children have a mortgage sized debt that assures they get to serve as debt slaves to those who issue debt.
“It’s not the value, it’s the damned price.”
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It’s both, for all that money the universities (there is hardly such a thing as a college that doesn’t call itself a university any longer) turn out far too many graduates who wouldn’t have a snowball’s chance in a blast furnace of passing a public high school final exam from fifty years ago. The whole system is grievously flawed from first grade right on through college.