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I think most people would agree with me in saying the European model sounds pretty swell compared to forcing people into declaring bankruptcy because of economi

I think most people would agree with me in saying the European model sounds pretty swell compared to forcing people into declaring bankruptcy because of economic/personal factors potentially out of their control, while also inserting an incredible amount of volatility into the entire university system that would make long term institutional planning much less possible.

kraussvonespy 2y ago
And in the US, bankruptcy doesn't help with the student debt, so if the majority of your debt is student loans, there's really nothing that can be done other than die to get rid of them. And I'm 100% certain that if the student loan - industrial complex could saddle relatives and kids with that debt after death, they'd sure go after that too.
luckylion 2y ago
Many will agree, but that's part of the reason why the US has a 50% higher GDP with 30% lower population. Focusing on well-beeing, fun and experience comes at a price.
- GreenWatermelon 2y ago
  GDP that's concentrated in the top few % of the population. The fact that despite 50% higher GPD and 30% less population there's still rampant homelessness is damning enough.
  - robertlagrant 2y ago
    > The fact that despite 50% higher GPD and 30% less population there's still rampant homelessness is damning enough. You can't solve all of that through GDP. There are social and drug and mental health issues that seem to not present to nearly the same extent.
- dahart 2y ago
  The U.S. GDP per capita is behind Norway, Ireland, Switzerland, and these countries are known for low cost and excellent education. What do you mean about 30% lower population? How is that relevant? You’re quoting a per-capita stat, the population was already factored out. And you’re comparing a single country to 27 countries. Makes zero sense.
BeetleB 2y ago
Be careful what you wish for. The majority of my fellow engineering graduates would not have gotten an engineering degree in Germany. They would have flunked the first year - a weed out year - and then been forced into a technical diploma program and not be allowed to call themselves engineers. My friend who went to the German school said they have a target of flunking half the students that first year. Funds are limited and shape how many can graduate.

kraussvonespy 2y ago

And in the US, bankruptcy doesn't help with the student debt, so if the majority of your debt is student loans, there's really nothing that can be done other than die to get rid of them. And I'm 100% certain that if the student loan - industrial complex could saddle relatives and kids with that debt after death, they'd sure go after that too.

luckylion 2y ago

Many will agree, but that's part of the reason why the US has a 50% higher GDP with 30% lower population. Focusing on well-beeing, fun and experience comes at a price.

GreenWatermelon 2y ago
GDP that's concentrated in the top few % of the population. The fact that despite 50% higher GPD and 30% less population there's still rampant homelessness is damning enough.
- robertlagrant 2y ago
  > The fact that despite 50% higher GPD and 30% less population there's still rampant homelessness is damning enough. You can't solve all of that through GDP. There are social and drug and mental health issues that seem to not present to nearly the same extent.
dahart 2y ago
The U.S. GDP per capita is behind Norway, Ireland, Switzerland, and these countries are known for low cost and excellent education. What do you mean about 30% lower population? How is that relevant? You’re quoting a per-capita stat, the population was already factored out. And you’re comparing a single country to 27 countries. Makes zero sense.

BeetleB 2y ago

Be careful what you wish for. The majority of my fellow engineering graduates would not have gotten an engineering degree in Germany. They would have flunked the first year - a weed out year - and then been forced into a technical diploma program and not be allowed to call themselves engineers. My friend who went to the German school said they have a target of flunking half the students that first year. Funds are limited and shape how many can graduate.