Actually, today’s college experience is like an extention of high school.
It is a terrible waste of time and money to live in a dorm or peer filled residence, partying with peers and attending classes with no engagement in the working adult world (experience and networking) while the student choses to go into debt. It is social and personal growth stunting for a young adult.
It is especially bad for young adults who don’t have connections for jobs when they get out of college and have nothing to offer but general college degrees and the socialization of a dorm rat. It is wrong to go to college and live on debt. But you really don’t find that out until you get out of college because reality is delayed.
Absent a rich daddy to pay for one’s college and upkeep, middle class students adopted a rich bank to loan them money with interest. They live the same as the spoiled rich kid - until they get out of college and are saddled with the debt to pay back and don’t have a rich daddy to help with job networks.
All this allows colleges to keep raising the costs and be unserious in education because student money appears to have no limit. If they were earning their own money, colleges would be pressured to keep costs and course offerings reasonable. If this college loan bubble bursts, daddy banksters should hold the bag for abetting a dysfunctional situation. Like giving mortgage loans to poor people...
>>It is a terrible waste of time and money to live in a dorm or peer filled residence, partying with peers and attending classes with no engagement in the working adult world<<
That has been college forever. The difference is that today it can be extended next to forever and kids pursue diplomas in useless and sometimes harmful lefteral arts degrees like black womyns studies. That combined with the expectation that all of them are above average while performing below average is where the mess really is.