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That's not true. If it nets a return greater than the costs, then the costs don't "cost" anything. Think of it this way: do you think having a large college ed
by Clubber 9y ago
That's not true. If it nets a return greater than the costs, then the costs don't "cost" anything.
Think of it this way: do you think having a large college educated population is a net good or a net bad for the US?
- dontJudge 9y agoNet bad. Too many degrees reduce their value in the market with poor job prospects. The extra years of education does not create an enlightened utopia.
- salesguy222 9y agoIt would be a net good if the people who went to college were changed in such a way that they stopped destroying value and started creating value. That is to say, if college (more often than not) turned criminals into saints, and turned a welfare recipient into Erdos, then it would be an excellent investment for society. But there's no evidence it does this, and it doesn't even do a better job than high school. You can learn more on youtube than you do in college. So until then, it's a marketing racket that transfers state money into a few private hands- and the gov't goes around collecting for decades.