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> But what’s the value of a degree if everyone has one? Um, education? What's the value of a high school diploma if everyone has one? If college is nothing be

by lapcat 3y ago

> But what’s the value of a degree if everyone has one? Um, education? What's the value of a high school diploma if everyone has one? If college is nothing beyond a financial investment, as the author seems to portray, then the government should not be involved at all. But there's a lot more to it. Arguably, society is better off if more people are educated. This is why we publicly finance education through high school. But after that there's a arbitrary cutoff. > We should ask ourselves…why are we lending $250,000 to someone who makes $52,000 a year? We should ask ourselves…why are we charging $250,000 to someone who makes $52,000 a year? Funny how universities charge the same tuition, regardless of major. Nobody seems to question this painful fact. Should we simply abolish every profession that isn't lucrative? > There’s a reason they are sprinting to restart payments after Covid. This is a huge money maker for the US. Sprinting? The Biden administration has repeatedly postponed the restart of payments. Who are "they" exactly? Congressional Republicans demanded that payments restart now, as a condition of not defaulting on the debt of the United States government, a high stakes game of chicken. > Reducing the number of college graduates will make employers not make it such a simple gatekeeper. That's a very questionable prediction.

cloudsec9 3y ago
The value of education to some isn't knowledge, it's how that contributes to your ability to do or get a job, and that is sad. Having a well-rounded and whole person isn't seen as valuable, when it actually really is. The author seems to yearn for yesteryear, when having "a degree" gave you a leg up on getting a job. But, when you finish high school, you often aren't capable of doing a job out of the gate either. Before, employers would train employees and give them a leg up. Nowadays, employers expect workers to have a good amount of understanding before even starting -- so a 2 year program of some sort. I do think that there have been both state and federal cuts to higher ed, which have shifted things so that tuition is a much higher % of the pie for learning institutions then in the past. The easy thing would be to boost those payments again, or give grants/"forgiveness" to those in challenging circumstances.

by lapcat 3y ago

cloudsec9 3y ago

The value of education to some isn't knowledge, it's how that contributes to your ability to do or get a job, and that is sad. Having a well-rounded and whole person isn't seen as valuable, when it actually really is. The author seems to yearn for yesteryear, when having "a degree" gave you a leg up on getting a job. But, when you finish high school, you often aren't capable of doing a job out of the gate either. Before, employers would train employees and give them a leg up. Nowadays, employers expect workers to have a good amount of understanding before even starting -- so a 2 year program of some sort. I do think that there have been both state and federal cuts to higher ed, which have shifted things so that tuition is a much higher % of the pie for learning institutions then in the past. The easy thing would be to boost those payments again, or give grants/"forgiveness" to those in challenging circumstances.