yes, but don't get caught in an endless argument over public vs private. There's two sides to every story. For instance, take it all the way down to public schools for children of all income backgrounds to help them learn to read and write. We as a nation decided that was a good idea. But this student loan bubble has gotten way out of hand.Quote from zdreg:
are american students a group of whiners by asking for guaranteed places in the university but are unwilling to pay the tuition and/ or has the US government distorted the market price of tuition by giving loans to american students?
http://www.nytimes.com/2012/02/05/e...llar-at-us-colleges.html?pagewanted=1&_r=1&hp
Quote from oldtime:
yes, but don't get caught in an endless argument over public vs private. There's two sides to every story. For instance, take it all the way down to public schools for children of all income backgrounds to help them learn to read and write. We as a nation decided that was a good idea. But this student loan bubble has gotten way out of hand.
yes, the free money has made the universities unaccountable as to the value of the education they provide.Quote from morganist:
Personally I don't think it is worth it. There are people now that got loans they cannot pay so it will get worse. Even if you get a good degree at a good university the chances of getting a job that will pay off the debt in a short period of time or even in a decade is slim.
Quote from oldtime:
yes, the free money has made the universities unaccountable as to the value of the education they provide.
Many US companies complain they cannot find qualified employees. I would rather see them custom tailor educational programs for students who intend to work for that coporation. Then, they could put a real number on how much tuition should be.
Quote from nutmeg:
I wonder if Chinese students get loans/grants from their gov't to attend US universities.
I agree. It started out as a playground for the rich to meet people and make connections.Quote from morganist:
I think that the current system makes education the responsibility of the individual and the cost of it too. The companies did use to pay for education but now they make the potential employee. I guess the market shifted giving the employer more power in the relationship. Too many people going to university in the first place. I guess too many people having aspirations is not a good thing to other people.
I think university is a bit of a cheat anyway. You get people who pass a few exams and get a certificate and then expect to earn a lot of money and get positions above employees working for the company for many years. The reality the graduate is rarely better than the employee but there is the assumption they are. I think the university system is a disservice and it is a good thing it is going away.