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But if you allow the tuition payments to be deferred, as is the case in the UK then the question of who can "afford" tuition changes from being predicated on th
by jiggy2011 12y ago
But if you allow the tuition payments to be deferred, as is the case in the UK then the question of who can "afford" tuition changes from being predicated on their economic position before they go to university to their expected economic position after university.
If student loan repayments are capped at X% of income and you do not believe that getting a university degree will raise your earnings by at least X% then it probably is not in your best interest to attend university. The same math applies regardless of how much money you have before you start university.
- alphydan 12y ago>> you do not believe that getting a university degree will raise your earnings by at least X% then it probably is not in your best interest to attend university I was unaware that the role of university was to take your salary from X to X+Delta. What if you are a better citizen, a nurse (earning less than a secretary, but contributing more), a street artist? What if you earned more as a construction worker, but instead studied science and work part time as a scientist and part time doing community work? The salary and taxes are not the only measure of your contribution to society and of the positive effect of university.
- jiggy2011 12y agoIn that case , if these professions are valuable why not simply pay them more? If someone with a science degree only does science part time then that money should be diverted to people who intend to do science full time because there is a much better ROI.
- pedrosorio 12y agoAnd in that case, for the average 18 year old, the choice of attending University becomes a gamble (if you're poor) or business as usual (if your parents have money).
- jiggy2011 12y agoWhy would it make any difference how poor your parents are? The only difference I can think of is that parents of rich students can afford to subsidise their offspring in studying a degree for which there is a negative ROI but why do we want people doing these degrees at all?