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This is a good point. I graduated college $50K in debt, and was in debt from age 18 - 30, but in the end going to the school I went to was worth it, compared to
by breck 7y ago
This is a good point. I graduated college $50K in debt, and was in debt from age 18 - 30, but in the end going to the school I went to was worth it, compared to not going to that.
However, this does not make it just. Education should provide you with a huge economic surplus. That's the natural order of things. It's very unnatural to say "I educated you, and now I hope to collect 99% of your economic bonus, but you will still be 1% better off so it's a good deal for you". That's called slavery.
- perl4ever 7y ago"It's very unnatural to say "I educated you, and now I hope to collect 99% of your economic bonus, but you will still be 1% better off so it's a good deal for you"" This seems to be a common attitude though, on the scale of one (developed) nation to another (developing) nation. That is, I'm thinking of the anger over "intellectual property theft".