Plumbers and electricians make great money and they aren’t incurring debt to do so. Plumbers, especially self employed ones, make more than your average “marketing assistant” or some other job that requires a degree.
Plenty of people go to school and don’t rack up tens of thousands in debt.
The question we should be asking is why does education cost keep expanding so quickly: cost inflation is much higher than even healthcare. It isn’t “capitalism” it’s actually the he fact that student loan availability distorts the market. Eliminate student loans and costs will drop like a rock to a level the actual market supports. Don’t blame capitalism because capitalism would never support the artificial cost inflation caused by government intervention.
If Big Macs were subsidized as much as universities, they’d cost $100 because McDonald’s knows that if you can’t afford it, the government will be there to help.
Plenty of people go to school and don’t rack up tens of thousands in debt.
The question we should be asking is why does education cost keep expanding so quickly: cost inflation is much higher than even healthcare. It isn’t “capitalism” it’s actually the he fact that student loan availability distorts the market. Eliminate student loans and costs will drop like a rock to a level the actual market supports. Don’t blame capitalism because capitalism would never support the artificial cost inflation caused by government intervention.
If Big Macs were subsidized as much as universities, they’d cost $100 because McDonald’s knows that if you can’t afford it, the government will be there to help.