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Did you seriously just ask a stranger on HN to explain one of the biggest sociopolitical issues of the last 10 years? Here's an introduction: the GI Bill sent
by madgar 10y ago
Did you seriously just ask a stranger on HN to explain one of the biggest sociopolitical issues of the last 10 years?
Here's an introduction: the GI Bill sent 2 million men to college for free from 1945-1955. In 2017, by contrast, the US has $2 trillion in outstanding student loan debt.
- gertef 10y agoThat wasn't "free", that was payment for working in the military for several years.
- edblarney 10y agoThat's comparing Apples to Oranges. More like Apples to Cars. The US spends more as a % of it's GDP and more $/capita than any nation on earth on higher education - and sends a considerably larger share of it's population to college than most other nations, certainly any European nations where college is free. The % of young people going to college has increased dramatically from 1950 to 2016. And FYI - if you join the Army today, you can still get your education subsidized :) 'Raw' dollars debt doesn't help us understand the picture that much, moreover, if everyone in America started going advanced degrees, that would also increase student debt, but that would be a good thing, no? Americans are on the whole much wealthier, and the opportunity that young people have today vis-a-vis 1950 is so much that it's basically unthinkable back in the 1950's. That said, it's not so good for working class people without jobs, and little job stability.