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In a nutshell, all US citizens end up paying extremely expensive education (compared to countries with same or better education level) to overpriced private fac
by jbmorgado 10y ago
In a nutshell, all US citizens end up paying extremely expensive education (compared to countries with same or better education level) to overpriced private faculties and in bank loans instead of simply accepting that higher education should be public (and with that greatly reducing the expenses with education) and founded by state with a network of public faculties.
All in all, people appreciate the idea of having a middleman in the equation that greatly increases the costs of the product, just so that then can pretend they are not financing other people education when they could simply accept public education, pay much less and get rid of the speculative middleman.
Same goes for healthcare actually. It's a strange part of American mentally: better pay more for an inferior product and pretend that you aren't actually financing those that can't afford the product, than pay less and have a part of what you pay directly helping those that can't afford it by themselves.
- ant6n 10y agoIt's to perpetuate the myth of 'rugged individualism', one of the founding legends of the US. Those middle men making all the money have a vested interest that people follow this belief. It's related to the believe where everybody views themselves as 'temporarily embarrassed millionaires', which explains why they are willing to take on so much debt to study, and why they accept the trickle up.