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We treat education as a public good. Employers don't have to pay for their employees' educations, and employees can take their skills around with them. Given t
by jackcosgrove 7y ago
We treat education as a public good. Employers don't have to pay for their employees' educations, and employees can take their skills around with them.
Given that banks know their customers need employees they would get around to giving loans out to keep the supply of talent coming.
There would just be far less waste if student loans were dischargeable.
- lotsofpulp 7y agoIf the US treated education as a public good, then the US taxpayers would pay for education.
- jackcosgrove 7y agoMaybe not the best word to use. Education is not a private good, like that offered by a medieval guild which required the learner to work for some period for the guild like an indentured servant.
- fennecfoxen 7y agoWell there's part of the problem. Public goods are nonrival, and education isn't, especially if you want instructor attention and small class sizes.
- vonmoltke 7y ago> Given that banks know their customers need employees they would get around to giving loans out to keep the supply of talent coming. Banks generally don't give loans, the federal government does.