6 ms·
That chart is for public universities (of which America has many excellent ones). Americans with tons of college debt are likely to have attended an overpriced
by sgerenser 5y ago
That chart is for public universities (of which America has many excellent ones). Americans with tons of college debt are likely to have attended an overpriced private institution, and financed their room and board and books as well. That can add up to over $60k/year at prestigious private colleges and universities.
- chrisseaton 5y agoI guess comparing a country with a lot of private universities with a country with essentially no private universities doesn't give quite the whole story! Why leave out private universities I wonder?
- mbesto 5y ago> Why leave out private universities I wonder? Because it's not really a well thought out article. It looks more geared towards low value / low effort content that can be shared easily to make controversial (and therefore spread more) social media posts.
- HarryHirsch 5y agoLeaving out the private universities in a country that has (too) many would distort the sample.
- lotsofpulp 5y agoThe prestigious colleges offer generous subsidies so most that cannot afford $60k effectively have much lower tuition. The non prestigious private universities whose lack of value is not yet known among its customers are the ones that cause problems for kids getting stuck with $60k+ per year annual costs.