4 ms·

> Don't you see? If everyone has a degree, it offers no advantage. The lower performers just end up with more debt. The problem with this thinking is that it i

> Don't you see? If everyone has a degree, it offers no advantage. The lower performers just end up with more debt. The problem with this thinking is that it is individualistic, zero-sum, and reeks of "I got mine, fuck you". Society itself gains an advantage when the labor force has a higher level of education, it also contributes to economic dynamism. The major issue with higher education is the amount of debt that students face, aside from that hurdle we should be doing everything we can as a society to encourage students to consider higher education. This isn't the 50s anymore, you can't build the economy on folks with a high school degree who get a union job at a factory for 30 years.

inetknght 7y ago
> This isn't the 50s anymore, you can't build the economy on folks with a high school degree who get a union job at a factory for 30 years. Or perhaps high school should be teaching more advanced subjects. Compare US high school against the equivalent education level in Europe for example
- DebtDeflation 7y ago
  The problem is that in the US we lump together multiple types of high school diplomas. In most school districts, you can specify either: 1) a College Prep track in which case you will take Algebra/Geometry/Trigonometry/Calculus, Biology/Chemistry/Physics, World and American History, English Literature, etc. or 2) a General Ed track where you will take arithmetic, science, social studies, basically 4 more years of middle school. Both sets of students get the same diploma. In other countries you have things like A Levels to differentiate the high school diploma holders who took hard classes vs those that took dum-dum classes. Without that, you end up with an information asymmetry like the market for used cars.