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Vested interests that have control. By removing voluntary interaction and replacing it with decree by fiat old incentive structures are calcified. To fix this
by dantheman 17y ago
Vested interests that have control. By removing voluntary interaction and replacing it with decree by fiat old incentive structures are calcified.
To fix this situation:
1. Remove all government funding
2. Remove all guarantees on student aid
Then students would be forced to do some economic analysis on what they think is worth it. They would care significantly more about he value proposition. By removing guarantees on student aid institutions would have a vested interest in creating the highest quality graduates or else it would become difficult for future students to receive loans.
- j_baker 17y agoI don't think this is an issue that's solvable by changes in funding. If someone in our society wants a college education, it should be provided for them. I think the bigger issue is that people feel they have to go to college to get anywhere. The solution is for society to quit placing such a high value on am arbitrary piece of paper.
- jrwoodruff 17y agoAbsolutely. Or at minimum place equal value on other types of training such as apprenticeships or vocational programs, where appropriate. I've always thought that it's a shame these practical types of education are looked down on in the U.S. There's no reason many degrees - lets say graphic design, or journalism, for example - couldn't be taught equally well through these options.
- eru 17y ago> If someone in our society wants a college education, it should be provided for them. Why? If you want to give education away, start with free kindergartens. The guys who are ready to go to university have already have already made it into the middle class.
- orangecat 17y agoThe solution is for society to quit placing such a high value on am arbitrary piece of paper. It's primarily an IQ test. An inefficient, expensive, and not terribly accurate test, but one that employers can use without getting sued out of existence.
- steveplace 17y agoThe solution is for society to quit placing such a high value on am arbitrary piece of paper. The value of that paper would go down if the government took away tax incentives, interest rate subsidies, and the ability to eliminate student debt liabilities after 10 years.