3 ms·
I think you're demonizing gov't intervention in education, but you can't expect a democratically elected Congress to not try to prevent China/Russia to overtake
by travisporter 6y ago
I think you're demonizing gov't intervention in education, but you can't expect a democratically elected Congress to not try to prevent China/Russia to overtake them in science/engineering. College fees are insane, and loans are almost predatory, yes. But if banks don't give you a loan to go to school, shouldn't the government intervene?
Also, I don't want VC backed colleges "competing" to maximize revenue/some arbitrary metric if colleges will go the way of Uber/Lyft.
The ROI idea is great and may be a good compromise. You may lose some non-STEM majors though, and I think that's a bad thing. Maybe the different colleges within a uni (eng, math, lib arts) should have different tuition.
- AdrianB1 6y agoIf the fear of Chinese or Russian engineering is a real thing, one can limit loans to engineering degrees, not to music, for example. Another thing the government can do is to provide a limited loan for college and not for master degrees. In my company most assistants (lowest ranks in the office) have masters degrees because it's free (in Europe), a total waste of money. And another: the more money the government gives, the higher the fees. OK, give less money, still help the students but not that much as today, get lower prices due to lowered supply.