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Very true and also the reason for the exploding costs of the education system people complain about. In countries where universities run on public budgets you w
by Barrin92 5y ago
Very true and also the reason for the exploding costs of the education system people complain about. In countries where universities run on public budgets you won't see exploding administrations and degree inflation because the state has a direct incentive to keep costs low rather than handing out loans that go to private institutions.
Was honestly surprised when I saw that the rate of university graduation in the US is twice as high as it is here in Germany.
- stevekemp 5y agoI guess if you're a year/two into a course in America you'd probably have $20,000 in debt to pay. If you have to pay it without graduating then you'd probably think you'd wasted the money - so you'd be likely to finish the degree to make sure you got "something" out of it. By contrast here in Finland education is free, so it's a lot easier for people to start courses, and if it didn't suit then drop out. Or move cities, and get a job. Where education is free I'd expect both more people to sign up to it, but also more people to drop out. Or take 10+ years to eventually get their degree whilst continuing to work.