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This is such a weird article. It promotes this vision of college being expensive, then undercuts its main argument: > “The public system in the U.S. is workin

This is such a weird article. It promotes this vision of college being expensive, then undercuts its main argument: > “The public system in the U.S. is working as well as most systems,” he says. “Parts of the U.S. look like France.” > Three out of every four American college students attend a school in this public system, which is funded through state and local subsidies, along with students’ tuition dollars and some federal aid. If 75% of students attend a school in the public system, and the public system is working as well as most systems, aren't we in pretty good shape? Why are we letting the experience of a minority of students drive the conversation here?

majos 8y ago
Even if the quote says the public system that covers most students is "working well", the average student loan debt of a graduate is still pretty high [1]: > When they graduate [in 2016] the average student loan borrower has $37,172 in student loans, a $20,000 increase from 13 years ago. Of course this is an average, but I don't expect this is something where some people with millions of dollars in student loans are skewing the averages. I imagine the median is not that far off. [1] https://www.cnbc.com/2018/02/15/heres-how-much-the-average-student-loan-borrower-owes-when-they-graduate.html https://www.cnbc.com/2018/02/15/heres-how-much-the-average-s...
- mcguire 8y ago
  $17,000 And only ~50% of students had student loan debt. https://www.federalreserve.gov/publications/2017-economic-well-being-of-us-households-in-2016-education-debt-loans.htm https://www.federalreserve.gov/publications/2017-economic-we...