These estimates should be a topic of study and discussion for all high school students but sadly there are a number of institutional incentives pushing in the o

These estimates should be a topic of study and discussion for all high school students but sadly there are a number of institutional incentives pushing in the other direction, to try and dissuade children from what might be considered “informed consent” when taking out loans and deciding on a major and post graduate specialization. In my experience those in higher sociology-economic strata are much better informed. The lack of information and quality guidance for many others is a societal problem. We share the costs and consequences of these poorly informed decisions in multiple ways. Some terrible thinking suggests we make college free for all, without addressing this fundamental information gap, an idea that would essentially pour gasoline on what’s already a 4 alarm fire of student loans that burden workers who are unable to contribute much to productivity and spend their life struggling to catch up.