Ideally college education is about providing economic freedom by opening up many possibilities for the young mind. It provides a basic knowhow to get started in

Ideally college education is about providing economic freedom by opening up many possibilities for the young mind. It provides a basic knowhow to get started in a field of choice or having the confidence that a skill to get started on anything can achieved by following a learning process. Even if the person takes up a job, does a startup or even do nothing, it is a choice left upon him (which may not be there before acquiring that knowledge). The society as whole benefits from this progressive outlook of its people. It seems instead of looking through this perspective, the whole endeavour is viewed as making an investment and reaping monetary gains thereafter. Of-course then the service providers and lenders want their piece of pie. Currently the system is designed for goal that does not match its true objective. Its broken in that sense. One idea often mentioned is to maintain the current model by limiting the college education to select few who really deserve it. Instead of this regressive view, the economic aspect of college education needs to be addressed.