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The problem is the credit. The state underwrites all loans so more people go to uni. It reaches a critical mass where all employees start demanding a degree bef
by branchless 10y ago
The problem is the credit. The state underwrites all loans so more people go to uni. It reaches a critical mass where all employees start demanding a degree before you can even speak to them. At this point would-be-graduates know degrees are often not worth it but they become a toll tax. You have to pay for the degree or you can't play.
Really I don't blame young people for this. There are too many degrees and too much money is being created to pay for them. The state loves this, it creates lots of money and it ties people into debt which seems to be the entire aim of western states now as they want to work people hard all the time. If you attain financial independence through non-debt you might decide not to work 40 hours a week. Then the establishment can't cream off your labour, and they hate that.