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> If college stops becoming the path to getting high paying, high status jobs, it will not be worth the cost Oh, definitely. The cost is a huge problem. I thin
by objclxt 13y ago
> If college stops becoming the path to getting high paying, high status jobs, it will not be worth the cost
Oh, definitely. The cost is a huge problem. I think elite universities realise this - financial aid is, at universities that can afford it, at record high levels. If you're going to MIT, the Ivy Leagues, etc you're probably not going to be breaking the bank to pay your fees (...and if you are, it's because you were rich enough to start with).
But for the majority of people who want to go to college and don't have access to generous financial aid then at some point the investment clearly outweighs the benefits. So like you say, it seems almost certain any impact is going to be felt at the bottom of the chain, not the top.