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This problem _is_ a result of central planning. Government backed loans have over inflated the price of degrees and created an oversupply of graduates with litt
by tompccs 5y ago
This problem _is_ a result of central planning. Government backed loans have over inflated the price of degrees and created an oversupply of graduates with little attention paid to the skills employers actually want. In a free market kids would have to finance their careers with bank loans, and I can guarantee they would not lend you 6 figures to study Fine Arts.
- xtracto 5y agoThis is a very good take. If the government or some non-profit entity wants to fund fine arts, they should do it through scholarships. They are not professions for which they should expect repayment of loans...
- gtsop 5y agoListen to yourself. Government back loans inflate price of degrees? Is that some sort of unescapable physics here or do the corporate parasites increase the price of degrees because their friends in government are backing up the loans? Dont distort reallity Also, the current form of government is in no shape or form "central planning".