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> I think the idea that someone can get straight C's in highschool and get $50k a year to study art in college is not a good use of my tax dollars. Why Art is
by syrusakbary 7y ago
> I think the idea that someone can get straight C's in highschool and get $50k a year to study art in college is not a good use of my tax dollars.
Why Art is not a good use of tax dollars? Who decides what is good or bad to study? Should only be the free market?
I believe a cost of $50k/year/student is not optimal. I also think cost for education per student/year is much cheaper in Europe.
> I also don't think it's a good idea to give someone like me a free college education. I make $400k a year. I can pay for it my fucking self if I want to. The idea someone else should pay for it seems absurd.
It's hard to tell "a priori" if someone studying certain degree will make X amount of money. Because of that, I believe the balance is better adjusted after the fact of someone studying (meaning: paying taxes on salary once they get a job) than before (when studying).
> I don't think you should be able to get $70k a year to go to USC when you can study the same thing with better results at Pittsburgh for $20k
Completely agree. One of the issues that I see on the current system is that perhaps people start paying more for the connections that studying there will entail than for the education per-se.
> Additionally, I think students should have SOME Skin in the Game
Students should always have skin in the game. The question here is: should be mainly economical? There are a lot of other factors that can affect the status of someone that are not just about money.
However I agree with you that perhaps a formula like 80%/20% might make sense. I believe that model is much closer to the one applied in Europe... and that model is actually closer to the concept of "free education" than anything else :) (at least, when viewed from the US prism)
- flashyfaffe2 7y agoBeing not American, and given that if we assume that school are business like any others I would be curious to know why the university fees has inflated so much over the last decades. Shouldn't we expect price decreasing due to competition? Any law or anything else explaining this?
- dodobirdlord 7y agoFederal student loan guarantees and subsidies complicate the economics. Lenders are prepared to provide larger and riskier loans than the marker would otherwise support. Universities can handle only a limited number of students, so they have no incentive to lower prices until it would result in a marginal slot going unfilled.
- dragonwriter 7y ago> Lenders are prepared to provide larger and riskier loans than the marker would otherwise support. The only lender that has benefitted from federal guarantees/subsidies for a number of years is...the US Department of Education. Whose lending is directed by the same laws that provide the guarantees and subsidies, and so are not incentivized by them.