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I still think there's a problem with the logic, even accounting for "market forces." The "shortage" of STEM workers (whether that's an actual shortage of actual
by bsanr2 7y ago
I still think there's a problem with the logic, even accounting for "market forces." The "shortage" of STEM workers (whether that's an actual shortage of actual capable bodies or simply a shortage of people willing to put up with being undercompensated in some regard) makes us forget that, at some point in revolutionizing college education so that it churned out only STEM graduates, you'd reach the top of the curve, the paradigm would flip to there not being enough jobs, and salaries would start to fall. What you're really saying is that those types of jobs incentivize capitalists to invest in the workforce, so we should encourage people to go for that carrot. I'm saying that the capital is already there, regardless. We should be directing that money to society's priorities (which we should actually explicitly declare), not at the whims of a relatively small class of property-holders.
I mean, the debt is also a decision. We could forgive it, if we really wanted to.