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Instead of dealing with increasing costs of student loans we've thrown more money and accessibility at it (government sponsored, government backed, etc). Univer
by supergeek133 10y ago
Instead of dealing with increasing costs of student loans we've thrown more money and accessibility at it (government sponsored, government backed, etc). Universities responded in kind with increasing tuition because well, people can get the money!
The other thing that happened is more and more of the job market requires a 4 year degree and some experience for entry level jobs! So while the price of education has increased, what your salary is after you are done has either decreased or not kept up.
We've overpriced the purchase of a degree, and made them a commodity in the job market making their value go down.